Tron's Big Plans

With about $167,700,000 USD trading every 24 hours, the cryptocurrency TRON (TRX) is becoming very popular in markets. TRON's goal of decentralizing the Internet is coming into play as the recently announced several different things and have plans for even more. The company is very involved in making sure that TRX is successful. The team consists of over 100+ members from around the globe consisting of 15 different countries/regions. Many of them have experience in Google, Alibaba, Tecent, and other well known companies. In my other blog about TRON you will find information about the leader, Justin Sun.

One of the biggest things that TRON recently launched was on March 31, 2018. It was it's test net to prepare for its main net coming later in May. What this means is that TRON is currently going through a process were it seeking to become independent from all other cryptocurrencies. Before TRX was based of the Etheruem's blockchain that I also wrote about in an earlier blog. With this test net launched they are preparing to run completely on their own blockchain.

Although TRX is not doing so well with the test run, that can completely change at the end of May. The all time high for the token was when it was $0.30. That did not last long. It quickly fell to around $0.05, and has been hovering around this much for about 3 months. I believe that once the weak hands sell majority of their TRX, investors will become interested and begin to buy way before the actual main net is launched.

The company also announced an interesting partnership with BitGuild. It is a company that is devoted to change the ways people play video games. The company has nearly 2 billion users and will help make that trading number of $167,7000,000 USD even greater. How BitGuild works is that when people acquire something in game like a weapon, that weapon can only be used in that game. BitGuild is making it so you can bring that weapon over into any game. Also they have a system were if you no longer want that weapon, you can safely trade it for something else. What happens when they partner is that you can possibly trade the weapon for TRX and have it transferred into your wallet without worry that you are being scammed

We all have probably used an ATM or at least seen one. For anyone who is not aware you can walk up to one with your bank card and pull cash straight from your accounts in less then a minute. Bitcoin, Ethereum, and Litecoin also have ATMs similar to this but because they are virtual you do not physically receive anything. This is all being done by the company CoinFlip. Instead after inserting cash, the automatically transfer into your wallet. TRON is now the fourth one to be added onto these machines and it will surely help the amount of TRX that is traded. Currently there are 57 locations across the United States where these ATMs are located.

Currently at its lowest price, TRX would be a great buy before it takes off again. With the dedicated team behind it, success is not far behind. More partnership and ideas are in the work with weekly updates being put out by the development team.