John Gabriel

2 years ago

Many may not be aware of TRON, but this has not stopped it from forcing its way into the top 20 most valuable digital currencies with a price rise that dwarfed the achievements of its peers. TRON (TRX), whose native cryptocurrency is TRONIX and which trades under the moniker, TRX, experienced a growth of over 500% in just one week! This saw it eclipse other well known digital currencies effortlessly such as Qtum, Lisk, OmiseGo, and Zcash.



 

image 1: TRON (TRX) source: coinmarketcap

How on earth did TRON do this?

The rise was of great interest especially since TRON is still an underdog in the cryptocurrency space. How did TRON achieve this tremendous rise? This was the question many are asking themselves.

Among the key reasons is people's awareness of the unique capabilities that TRON offers which no other blockchain platform offers. With over 1300 cryptocurrencies currently available, very few have a unique product. Most tend to replicate the features offered by others. Those currencies that offer extra value to their users, such as Ethereum's smart contracts or Monero's enhanced privacy, gain a dedicated following who push their prices to great heights.

TRON (TRX) also enjoyed a positive buzz with speculation that a partnership between them and China's global e-commerce giant, Alibaba. The speculation emanates from the recent inclusion of Lucien Chen into the TRON team. Chen is a big data expert who has worked with Alibaba for long and also with Tencent. Combined, these two are the biggest internet companies in China and some of the biggest globally. While no official communication has been released by either side, this partnership can't be ruled out. TRON's developer, Justin Sun, was also in the inaugural class of the entrepreneurial class at Jack Ma's Hupan University. Jack Ma, as you may be aware, is the founder of Alibaba. A partnership between TRON and Alibaba and/or Tencent would make TRON one of the most sought-after digital currencies as these two have a huge user base both in and out of China.

TRON also recently announced its partnership with the virtual gift-sharing platform, Gifto. Gifto is a platform that allows its over 20 million users to create, send and receive virtual gifts as an incentive for creating and sharing content on other content sharing platforms such as YouTube, Snapchat, and Facebook. This partnership is strategic for Gifto as it will allow its users to publish their content and retain its ownership. This will transform the content creation and ownership market, with the users even able to control the distribution and access to their content.

So, what exactly is TRON?
TRON is a revolutionary new blockchain platform that aims at creating a decentralized internet where the control is no longer in the hands of a few global conglomerates but with the users. TRON's protocol aims to freely publish and store content on a secure platform which will give them the freedom to distribute it at their own will and at whatever cost they deem fit.

Imagine a single platform that supports Facebook, YouTube and Roulette. Well, that's TRON. It aims to create a decentralized platform that supports video streaming (YouTube), social media (Facebook), online gambling (Roulette) and many more functionalities. Its users will get to gain digital assets (TRONIX) by providing and spreading contents on its network.

It was developed by Justin Sun, a former Ripple representative for China who was instrumental in Ripple's successful ICO.

image 2: Justin Sun – The next Jack Ma? source: Forbes

What does the future hold for TRON?
TRON will explode in the coming year as more people turn to its platform. It is currently trading in very few markets, mostly in China and Korea. Once the major exchanges begin to offer it outside China, its value will shoot through the roof. It is also targeting a very fertile niche in digital entertainment where other blockchain platforms have unsuccessfully tried to penetrate.

People Mentioned

Anthony Antonopoulos

Popular figure and speaker for the crypto industry.

Justin Sun

Founder of TRON (TRX)

Justin Sun

Founder of TRON (TRX)

Coins Mentioned

VOLTZ

Voltz

CLR

Color Platform

CCC

Concierge Coin

BBGC

Big Bang Game Coin

RAGNA

Ragnarok

UT

Ulord

SHARD

Shard

IMPL

Impleum

PAC

PAC Global

DVP

Decentralized Vulnerability Platform

XTA

Italo

ELTCOIN

ELTCOIN

SMLY

SmileyCoin

NEC

Nectar

OVC

OVCODE

ADL

Adelphoi

DTC

Datacoin

PSC

PrimeStone

VLU

Valuto

VOTE

Agora

ZCL

ZClassic

BOA

BOSAGORA

TYPE

Typerium

EtLyteT

Ethlyte Crypto

EFX

Effect.AI

VULC

VULCANO

CYBR

CYBR Token

RPM

Repme

ONOT

ONOToken

PTON

PTON

BECN

Beacon

SFCP

SF Capital

DEV

DeviantCoin

XBP

BlitzPredict

HYT

HoryouToken

SNPC

SnapCoin

BDX

Beldex

CHT

Countinghouse

PENG

PENG

XMX

XMax

SDA

eSDChain

ANC

Anoncoin

XSR

Xensor

ETA

Etheera

OPNN

Opennity

KNT

Knekted

RPZX

Rapidz

NSD

Nasdacoin

ODEX

One DEX

IOP

Internet of People

BTK

Bitcoin Turbo Koin

PLA

PlayChip

PEDI

Pedity

FNB

FNB Protocol

ADC

AudioCoin

ZPT

Zeepin

QRL

Quantum Resistant Ledger

BBK

Bitblocks

GFUN

GoldFund

TRAID

Traid

BBS

BBSCoin

VTA

Virtacoin

ESCE

Escroco Emerald

TOC

TouchCon

CNX

Cryptonex

XLMX

Stellar Classic

DASHG

Dash Green

TTN

Titan Coin

JCT

Japan Content Token

ISR

Insureum

BITBTC

bitBTC

WEBN

WEBN token

HAVY

Havy

DFS

Fantasy Sports

CATT

Catex Token

JNB

Jinbi Token

PROC

ProCurrency

CRD

CryptalDash

HLX

Hilux

HBZ

HBZ coin

YEE

YEE

GRAT

Gratz

N8V

NativeCoin

EVC

Eva Cash

ELEC

Electrify.Asia

OBSR

Observer

NYEX

Nyerium

MOON

Mooncoin

ATB

ATBCoin

CLB

Cloudbric

PASC

Pascal

ASG

Asgard

SWC

Scanetchain

UBTC

United Bitcoin

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ERO

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Humanscape

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Hype Token

ZNN

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AAC

Acute Angle Cloud

SWTC

Jingtum Tech

BTCB

Bitcoin BEP2

IOG

Playgroundz

WAGE

Digiwage

CSTL

Castle

CNNS

CNNS

RTH

Rotharium

YEED

YGGDRASH

NODE

Whole Network

BTCONE

BitCoin One

SPT

Spectrum

HPC

Happycoin

BOLI

Bolivarcoin

VEO

Amoveo

DMD

Diamond

GEN

DAOstack

MASH

MASTERNET

TRN

Treelion

BIFI

Bitcoin File

LML

Lisk Machine Learning

FLDC

FoldingCoin

J

Joincoin

FOR

FORCE

PBT

Primalbase Token

SKT

SealBlock Token

VOCO

Provoco Token

PRJ

Project Coin

XMCC

Monoeci

QUAN

Quantis Network

KIN

Kin

HKN

Hacken

APL

Apollo Currency

SEER

SEER

WRC

Worldcore

XAP

Apollon

MPG

Max Property Group

POP

PopularCoin

VEST

VestChain

BC

Bitcoin Confidential

TMN

TranslateMe Network Token

MANNA

Manna

EBTC

eBitcoin

VENA

VENA

PUT

PutinCoin

SHB

SkyHub Coin

AKA

Akroma

MOC

Moss Coin

IHF

Invictus Hyperion Fund

INC

Influence Chain

ATP

Atlas Protocol

APR

APR Coin

AIB

Advanced Internet Blocks

KUBO

KuboCoin

ATX

Aston

PNK

Kleros

VME

VeriME

LDOGE

LiteDoge

GOT

ParkinGo

NTR

Netrum

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BoutsPro

TRP

Tronipay

ETZ

Ether Zero

AMN

Amon

UGC

ugChain

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Trollcoin

BTAD

Bitcoin Adult

NEU

Neumark

ABX

Arbidex

XXX

AdultChain

CYFM

CyberFM

DGC

Digitalcoin

ESP

Espers

RBG

Rankingball Gold

ALT

Alt.Estate token

1WO

1World

BEZ

Bezop

MFTU

Mainstream For The Underground

XLR

Solaris

BZL

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MAPR

Maya Preferred 223

URAC

Uranus

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Cyber Movie Chain

MRS

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TRC

Terracoin

UNI

UNICORN Token

FXT

FuzeX

MEC

Megacoin

DIN

Dinero

BUL

Bulleon

MFC

MFCoin

PXG

PlayGame

SKIN

SkinCoin

NOAH

Noah Coin

EOST

EOS TRUST

COB

Cobinhood

COAL

BitCoal

BUD

BUDDY

CHEESE

Cheesecoin

INNBCL

InnovativeBioresearchClassic

XET

ETERNAL TOKEN

FIII

Fiii

SPRKL

Sparkle

FYP

FlypMe

RVT

Rivetz

DOOH

Bidooh DOOH Token

INSTAR

Insights Network

BOLTT

Boltt Coin

KAASO

KAASO

XIN

Infinity Economics

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DECOIN

ALV

ALLUVA

STX

Stox

EVED

Evedo

PMNT

Paymon

NTY

Nexty

SIG

Spectiv

BSTN

BitStation

REBL

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XCLR

ClearCoin

CCRB

CryptoCarbon

PND

Pandacoin

CRE

Cybereits

NBOT

Naka Bodhi Token

PHI

PHI Token

JIYO

Jiyo [OLD]

MRK

MARK.SPACE

WYS

wys Token

ORS

Origin Sport

NBAI

Nebula AI

C8

Carboneum [C8] Token

QDAO

Q DAO Governance token v1.0

CCO

Ccore

GPYX

GoldenPyrex

SKY

Scopuly

DACS

DACSEE

BTRN

Biotron

ADM

ADAMANT Messenger

PAXEX

PAXEX

WAND

WandX

CCH

Coinchase Token

BIT

BitMoney

RUPX

Rupaya

FREE

FREE Coin

CNUS

CoinUs

PTT

Proton Token

XIND

INDINODE

CYMT

CyberMusic

ZP

Zen Protocol

XPC

eXPerience Chain

OLXA

OLXA

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CEDEX Coin

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BUZZCoin

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Mero Currency

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Blockmason Link

ARY

Block Array

STA

Starta

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HollyWoodCoin

XSD

SounDAC

PAT

Patron

XPTX

PlatinumBAR

PDATA

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STEM CELL COIN

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Oculor

INF

Infinitus Token

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No BS Crypto

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Pundi X NEM

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IP Exchange

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qiibee

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StrongHands Masternode

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Decentralized Crypto Token

ENTRC

EnterCoin

UCASH

UNIVERSAL CASH

ALB

ALBOS

DAGT

Digital Asset Guarantee Token

WEB

Webcoin

BBN

Banyan Network

PNX

Phantomx

ETG

Ethereum Gold

MXT

MarteXcoin

BTX

Bitcoin X

OCL

Oceanlab

GOD

Bitcoin God

CDC

Commerce Data Connection

AZART

Azart

TRXC

TRONCLASSIC

REF

RefToken

HUR

Hurify

MATIC

Matic Network

DGTX

Digitex Futures

BCV

BitCapitalVendor

TNT

Tierion

ETN

Electroneum

SOLVE

SOLVE

EURS

STASIS EURO

XZC

Zcoin

NPXS

Pundi X

NEX

Nash Exchange

SEELE

Seele

GNT

Golem

ELF

aelf

SNT

Status

RIF

RIF Token

ZIL

Zilliqa

REN

Ren

AOA

Aurora

STEEM

Steem

NEW

Newton

ENJ

Enjin Coin

CRPT

Crypterium

FTT

FTX Token

IOST

IOST

ARDR

Ardor

NRG

Energi

XVG

Verge

NEXO

Nexo

MAID

MaidSafeCoin

BTM

Bytom

MCO

MCO

AE

Aeternity

HC

HyperCash

KMD

Komodo

QNT

Quant

BCN

Bytecoin

BTS

BitShares

MONA

MonaCoin

ICX

ICON

WAVES

Waves

SC

Siacoin

BCD

Bitcoin Diamond

THETA

THETA

BTT

BitTorrent

REP

Augur

LSK

Lisk

DGB

DigiByte

ALGO

Algorand

DAI

Dai

VSYS

V Systems

KCS

KuCoin Shares

NANO

Nano

SNX

Synthetix Network Token

OMG

OmiseGO

EKT

EDUCare

ABBC

ABBC Coin

CENNZ

Centrality

SXP

Swipe

BTG

Bitcoin Gold

RVN

Ravencoin

ZB

ZB

DCR

Decred

LUNA

LUNA

HOT

Holo

QTUM

Qtum

VET

VeChain

ZRX

0x

TUSD

TrueUSD

HEDG

HedgeTrade

ZEC

Zcash

PAX

Paxos Standard

ONT

Ontology

DOGE

Dogecoin

BAT

Basic Attention Token

XEM

NEM

CRO

Crypto.com Coin

MKR

Maker

USDC

USD Coin

NEO

NEO

ETC

Ethereum Classic

XTZ

Tezos

ATOM

Cosmos

DASH

Dash

MIOTA

IOTA

HT

Huobi Token

XMR

Monero

LINK

Chainlink

ADA

Cardano

LEO

UNUS SED LEO

TRX

TRON

XLM

Stellar

BSV

Bitcoin SV

EOS

EOS

BNB

Binance Coin

LTC

Litecoin

BCH

Bitcoin Cash

USDT

Tether

XRP

XRP

ETH

Ethereum

Companies Mentioned

Tron Foundation

Tron Foundation

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John Gabriel Author

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