Hey guys! I'm back and ready to share some more info regarding TRON! Right now the price is hovering around $.05 ~ $.06. It's been a pretty intense correction from almost hitting $.30 not too long ago. If you're hodling TRX, stay patient and know we won't be hovering at these levels for too much longer. In the mean time, I decided to write up a post that includes updates from the Tron Labs Medium posts. I figure I could pull in some important info and provide it here for you!
First bit of news I'm not everyone is aware of is the news that TRON is partners with Gifto. Gifto is a pretty cool tool that allows users to gift GTO tokens to content providers. The Asia Innovative Group created Gifto, who also are responsible for the very popular streaming mobile app with over 20 million users, Uplive. The idea here is you'd view content from a creator and you can gift them GTO tokens as an appreciation for their work. The partnership should only help the value of GTO so keep an eye on it!
https://medium.com/@Tronfoundation/gifto-and-tron-partner-to-monetize-decentralized-content-e513776a1737
The rest of this post will focus on some new additions to the Dev team over at TRON. Zhang Zhongwen and Yang Chang, who would be responsible for the specific tasks of writing underlying technical code, were new hires back in December. From the Medium post:
Another great hire that was announced in December was former Alibaba Chief Data Mining Expert, Zhao Hong (Marcus). Zhao Hong will mainly take charge of the overall structure of block chain, research and development of smart contract design. He's got a great work background, big names I recognized were VMWare and Alibaba, but check out the Medium post to get the full picture of this talent:
https://medium.com/@Tronfoundation/great-news-former-alibaba-chief-data-mining-expert-zhao-hong-marcus-joined-tron-2fb73ccd802f
Another hire from this month is Evan (Zhang Anwen), a senior technical expert in blockchain. As a top expert in blockchain, the joining of Zhang Anwen means that the landscape of TRON in blockchain will further extend to the technical research direction, especially the security direction. Because Evan has background in the four big banks in China, he will be mainly responsible for the cos design, development of key bank customers, blockchain strategic project development, Bitcoin wallet development projects etc.
https://medium.com/@Tronfoundation/former-four-banks-top-security-expert-zhang-anwen-joins-tron-1442116081c
And lastly, a former Alibaba Technical Expert of Smart Marketing, Olivier Zhang (Zhang Sicong), officially joined TRON as a Senior Technical Engineer responsible for smart contract and related technology development work in TRON. Olivier will promote the technology architecture upgrade from two aspects of research — smart contract and blockchain.
https://medium.com/@Tronfoundation/trons-technical-team-keeps-growing-former-alibaba-technical-expert-olivier-zhang-joins-tron-633f8bc07ca7
Some great additions to the team! Seems like every week we are getting great news from the TRON team. If you like the project and want to hold TRX, DO IT NOW! The price TRX currently is at won't last much longer. Maybe two or so weeks it could hover down in this range but once it pops again, it probably won't drop to single digit prices. Alright guys that's it for this post. Next post will also be some new information from the Tron Labs Medium post that I'll share with you all!
I wish I had sold in the run up...I don't think I can ever trust something that goes up 10x then down to 2x, all in under a week. That's pump and dump....there should have been buyers stepping in WTF? no support. more disturbing is that it crashed hard and then also has been going down with the rest of the market as if the crash didn't matter.
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Yeah it was a pretty wild explosion, a lot caused by FOMO for sure. The dump came from a live video stream Justin Sun hosted. IMO, a lot of investors got the idea that Justin was going to announce a partnership on the live stream, but he did state the announcement would come the following week. People didn't get the announcement and bailed. You also had the crowd who quite shockingly didn't like how he presented himself. Broken English and it looked like he was in a hotel cafeteria. Another thing you have is the whitepaper fiasco.
But at the end of the day, look at the team and the continued partnerships. When these partners actually look at the product before deciding to partner, then you know TRON has some real value.
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Here in the netherlands everyone lost their interest in tron and think it is a scam. I think it is just bad understood since it is chinese and partnering with chinese companies we don´t know. But well I will just HODL for the long term
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Yeah it's crazy to think people view TRON as a scam. If you read my background post on Justin Sun and his connections, it's hard to then view TRON as a scam. It's in the early early early stages right now, but as these partnerships continue to happen, people will understand this is a coin to keep an eye on.
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