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The emergence of cryptocurrencies has drawn significant investment capital in recent years. The rates of increase in market capitalization, in volumes traded, as well as in the price of certain cryp-tocurrencies are exponential, indicating that changes in the cryptocurrency market can occur very rapidly.
The Business Model
A brief survey of both tron foundation (Tron) and Steemit business model will help us ascertain the prospect of the unprecedented merger.
Justin tron is a business man and has outlined various strategies in reaching the desired future for the Tron network.
TRON network is the largest and fastest blockchain operating system in the world. TRON Foundation focuses on Internet, Information Technology, Peer-to-Peer, News, and Blockchains.
According to Tron business model, tron network using the blockchain and peer to peer (P2P) technology to bridge a gap between the content creator and the content consumer by eliminating the middle man to reduce the cost on consumer and to ensure better experience on the internet networks.
Tron had outlined phase towards attaining various goals, exodus stage was aimed at providing its users a peer to peer (P2P) file storage and sharing.
The odessey phase was designed to take effect by December 2020, which I believe Steemit is a partaker, is set to encourage content creation throw economic incentives and empowerment. Content creators and developers will get a fair return on what they create and distribute as well as support and exposure from the tron ecosystem. This will go along way to strengthen and expand the tron ecosystem.
While Steemit business model is to create an expanded platform on the Steem blockchain by paying content creators.
Steemit in Tron
Steemit's integration to the tron foundation is a double benefits for the community as content creators etc, are being rewarded both in steem and in tron. I believe that once the world enlighten on what this union really is through everyone's effort on this platform, it will bring a boost to the Steemit community and the tron ecosystem at large.
1SP = 1tron (100%)
Tron - making Steemit a viable Market
The alliance of this great teams gave birth to a market medium on steemit, where Tron can now be traded on the Steemit platform. Tron wallets IDs are being created. Tron can be sent in and out of Steemit platform. Trading can now be conducted using tron on steemit, isn't it a breakthrough for Steemit?
I STRONGLY BELIEVE THAT WITH TIME, STEEMIT WILL NOT ONLY BE A PLATFORM THAT REWARDS ITS USERS BUT WILL INCORPORATE EFFECTIVE EXCHANGE PLATFORM WHERE CRYPTOCURRENCIES CAN BE TRADED.
Thank you for taking part in the TRON and Steemit Integration Celebration Challenge.
Keep following @steemitblog for the latest updates.
The Steemit Team
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