TRON-Description and overview
This is a cryptocurrency that is used and is widely in demand among gamers in the gaming industry and amateur-level games. Cryptocurrency experts around the world predict excellent prospects for Tron. The Tron coin was founded by the Chinese company TRON Foundation, registered in Singapore. TRON works as a unit of account in an application on the blockchain, in which content creators will be able to receive remuneration for its distribution. The ecosystem token is TRONIX.
TRON is a decentralized platform for entertainment content based on the blockchain and using the TRX token (Tronix).TRON also offers tools that allow developers to create and run their own dApps (decentralized applications). The platform was launched by Chinese entrepreneur Justin Sun in 2017. You can buy TRX cryptocurrency on most major exchanges, such as HitBTC, Binance, OKEx and others.
The TRON platform was created to promote various entertainment content. In general, the functioning of the platform is as follows:
The creator or owner of the content puts out his own creation. It can be a video, a game, a drawing, music, etc. Everything that can be digitized. After posting, the creator indicates under what conditions the use of his content is available. The price is also given here.
The user selects the product he needs and buys it for TRX tokens. It is important to remember: buying for fiat on the platform is not available. Therefore, first you need to buy cryptocurrency on exchanges or exchangers.
The author receives tokens for his work. He can use them on the platform or exchange them. You can exchange them for fiat or other cryptocurrencies.
Initially, the project developers focused on the gambling industry. But now TRON should be perceived as an online casino, YouTube and Steam on the same platform. At the same time, all of them are presented here in the form of a decentralized system.
TRON is known as a cryptocurrency that held one of the largest ICOs held in 2017-2018. During the ICO, which took place from August 31 to September 2, 2017, $ 70 million was collected. A total of 100 billion TRX were issued, 40 billion of which were sold to investors of the initial coin offering.
Using the Tron cryptocurrency ecosystem, you can not only share content with other people, but also receive financial compensation for the created materials as a content creator. This model is the opposite of how traditional social media platforms like Facebook work: unlike them, Tron monetizes user information, while other platforms often do this without the user's knowledge for their own benefit. If you use the Tron cryptocurrency, YOU control your content and YOU will receive income for YOUR creativity.
So, the Tron cryptocurrency can bring you an excellent income in the future, so you need to learn how to store it correctly and securely. Next, we will describe the best wallets for the safe storage of the Tron cryptocurrency. Many consider Tron to be the main competitor of Ethereum, since both companies pursue the goal of creating a decentralized network, and therefore, like Ethereum, Tron may also one day "soar to the skies".