TRON (TRX) - Features and Perspective

It is a young and attracted a very big attention to the project. ICO was held in August 2017, and the coin began to be traded on the exchanges at the end of September. For the beginning of January 2018, the rate so strongly and quickly grew that TRON entered the top 10 of the largest in terms of capitalization of the Crypto-currency. What is this coin with a laconic name so attracted investors? Let's understand.

What is TRON?

In short, TRON (TRX) is positioned as a blockchain platform, focused on entertainment content. At first glance, this is something between Steam and Google Play, but based on blockchain-technology. Users of the project get access to games and other entertainment applications (in theory such applications can be online casinos and sweepstakes), graphic and video materials. There is an opportunity to communicate, create your own tokens, games and applications. In other words, it is a distributed environment, convenient for both consumers and entertainment content developers.

TRON Project Tokens

The project supports, in addition to its own domestic currency, Tronix (TRX), Bitcoin, Ethereum, EOS and Quantum (QTUM). In addition to TRX, two kinds of special tokens are also used within the project - TRON Power (TP) and TRON20. The former are necessary for voting and obtaining rights in the TRON ecosystem. The latter are intended for content developers - they allow you to create your own internal currencies.

Project Team and Basic Information

The founder of the project is Justin San. According to some rumors (whether they are to be trusted or not - it's for you to decide), Tim Burners-Lee, the "father of the Internet", a well-known developer, scientist, head of the World Wide Web Consortium, can have something to do with the project. The founders plan not to distribute the funds raised between the founders, but use them entirely for development. The creators of TRON secured the support of ACRA (Singapore Accounting and Corporate Regulatory Authority), so the project is in Singapore's jurisdiction.

Technical side of the project

TRX Mining is not supported. When the project was launched, 100 billion coins were immediately issued, but some of them (about 35%) are stored on a purse belonging to the TRON Foundation. Probably, you can consider these tools as a "controlling stake" belonging to the creators.

The development of the platform is subject to a strict plan, painted as much as 10 years ahead, which can not but impress. The ultimate goal of the plan is to create an independent information space where each user will have access to all content, will be able to convert tokens and receive additional ones, contributing to the development of the project.

Stages of project development (road map)

Allotted for the development of the project 10 years are divided into 6 stages, listed below:

1. "Exodus" (2017-2018). Creation and testing of blockchain.

2. The Odyssey (2019-2020). Forming an environment filled with content and encouraging creators of content and its distributors. Further development of the project is due to the encouragement of individual active participants.

3. "The Great Journey" (2020-2021). Solving problems related to the payment of dividends, support, accounting for income, with the help of a blockchain.

4. "Apollo" (2021-2023). Possibility to issue own tokens, full decentralization of trade on the platform with the possibility of exchange and sale of internal tokens and crypto-currencies, supported by the project.

5. "Star Trek" (2023-2025). Due to the openness of the project source code, similar projects based on the TRON code should appear, which will interact with each other, thus increasing decentralization.

6. "Eternity" (2025-2027). The possibility of investing in games and development due to mass funding (apparently similar to crowd-hosting on the basis of a blockchain), as well as the possibility of creating online platforms that are easily customizable on their own.

The positive side of TRON

1. The freedom to create and distribute content embedded in the idea of the project

2. The combination of various aspects of the entertainment industry and the most diverse content (video, games, virtual reality, images, and so on) on a single platform.

3. Encouraging active participants and developers

4. Free conversion of supported assets

Negative around the project

After the wild growth of the TRON course in January, there were negative rumors that the price of tokens is due to its current decline. The community suspected its CEO Justin San of selling 6 billion TRX for $ 300 million. He managed to justify himself by saying that the deal was made by a market maker, but complete trust was not restored. In addition, San claims that the Tron Foundation is going to freeze 34 billion TRX owned by the project, but this information is backed up only by the promise of Justin himself. Tokens are located on an ordinary purse, from which they can be withdrawn at any time.

At the moment, an excellent entry into the market (14.03.2018). I recommend that you keep this token (10-15%) to take your 8-15 x in May.

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