Cryptocurrency TRON

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Cryptocurrency TRON

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What is Tron and how does it work?

Knowing about the current cryptocurrencies is not so easy due to their large amount. For this reason, we will help you by gradually mapping the world of the most interesting or less known cryptocurrencies. One of them is definitely Tron. It is a so-called peer-to-peer cryptocurrency, the purpose of which is to operate without any intermediaries.

For game lovers

The Tron has one more unique feature. While most regular cryptocurrencies are looking to replace ordinary money, Tron is geared towards the gaming and entertainment industries. It can be said with some exaggeration that this platform may become a competitor to iTunes or the Google Play Store.

Currency TRONIX

Tron can therefore be called the platform from which the official currency called Tronix comes from. The abbreviation TRX is also used. Unique is that anyone who owns any amount of Tronix can participate in free publishing and storage, but can also participate in data ownership in the Tron blockchain.

The history goes back to 2014
The Tron was established in March 2014 in Beijing. The uprising was related to the Chinese company Raybo, which focuses on the development of blockchain technology.

Growth continued, with a number of large and interesting investors emerging over the course of the year willing to contribute to the overall development. All this led to the establishment of the Tron Foundation in Singapore.

When looking at the main sponsor list, please click here:
  • IDG Capital
  • China Equity Group
  • Qtum Foundation
  • Zhongke capital
The end of 2017 was a great milestone for the Throne. It means not only reaching the USD 50 million trade limit, but also the fact that Tron has entered over 10 prestigious world exchanges.

What is the goal?

As mentioned above, Tron is unique in its own right. His goals are proof of this. The vision is to create a global and above all free platform that would focus on the gaming segment as well as entertainment in general. The given direction is related to the desire to eliminate various intermediaries from this environment, as well as to efforts to adequately reward the creators of high-quality content. Everything should end with the implementation of infrastructure similar to the classic stock exchange, and through it, for example, all gambling transactions.

Long-term project divided into individual phases

Due to the development, sponsors and great success, a long-term plan has been developed, which is divided into 6 phases with specific names and with relatively long time periods. It is about:

  • Exodus (2017 – 2018)
  • Odyssey (2019 – 2020)
  • Great Voyage (2020 – 2021)
  • Apollo (2021 – 2023)
  • Star Trek (2023 – 2025)
  • Eternity (2023 – 2025)
How successful all these phases are in terms of implementation and time, we will have to wait for this. Due to the current development, even investors think that Tron will be successful.
 
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