Now a top 10 crypto and worth $14.6 billion you might be wondering, what is TRON?
It’s a blockchain-based decentralized protocol that aims to construct a worldwide free content entertainment system with the blockchain and distributed storage technology.
So with TRON every user can freely publish, store, and own data. And content providers will no longer have to pay high channel fees to centralized platforms like Google Play and Apple’s App Store.
Here’s TRON’s roadmap for how they’re going to accomplish this:
Exodus – Data Liberation (Aug 2017 to Dec 2018) – will provide users with a completely free and reliable platform for data publication, storage and dissemination.
Odyssey – Content Empowerment (Jan 2019 to Jun 2020) – economic incentives for content creation, distribution, and dissemination.
Great Voyage – Personal ICOs (Jul 2020 to Jul 2021) – TRON adds income measurement, dividend payment, and management of supporters to go from the ‘fan economy’ to the ‘fan finance.’
Apollo – Free Movement of Value (Aug 2021 to Mar 2023) – decentralized token trading of user-issued tokens. Establish a DEX.
Star Trek – Traffic Monetization (Apr 2023 to Sep 2025) – Online gaming platform w SDK.
Eternity – Traffic Conversion (Sep 2025 to Sep 2027) – Same as Star Trek.
Looks to me a lot needs to be done and it’s already valued at $15 billion. But many are betting CEO Justin Sun will pull it off.
He’s also the found of Peiwo, China’s Snapchat, which will be the first application on TRON.
Sun also had a stint at Ripple and is a protégé of Alibaba founder Jack Ma.
Many think he will be the next Jack Ma.
Regarding TRON, Sun has been sending out some positive tweets recently, like the one below, which has helped spur the recent rally.
TRON native asset is the TRX token. You can buy it on Binance, Liqui, HitBTC, EtherDelta, and Qryptos.
Me, I’m just watching from the sidelines. What do you think of TRON?
Top 10 without a finished product clearly shows excitement bit I usually wait to see a working product that people are using before I invest. I am too boring for early stage investing ; )
I'm going to be boring with you on this one!
Tron have no working product (just great teams and promises). There is only an idea behind this coin and the implementation is still a long way off. Although the intentions and technologies are described in great detail in the respective whitebooks, this does not justify a billion-dollar market capitalization for a long time.
I think that Tron has potential, having a popular and charismatic man at the helm will certainty help, I got in a $0.04. I hope this ends up taking off. I think it is a lot more viable than most altcoins.
Nice... with that buy in you can sell a little, get your capital back, and let the house ride.
That is the plan!
We're like our own mini-VC firms lol
great idea
Despite the great marketing campaign and the created expectations, TRON has a lot to demonstrate... I'm also observing it for the moment.
I agree, that's why I'm on the sidelines too. Five year roadmap, that's a looooong time in crypto.
indeed
Good idea have a nice day.
Thank you very much
I am glad I found you article
I am interested in the bitcoin
I will definitely buy a few and make an exodus wallet too
It seems to be a very good useful coin
Thanks again
If you only buy one then buy BTC.
Cheers!
bitcoin
that's a good one
thank bro...
Wonderfull information great post thanks for sharing.
Cheers!
Excellent information dear,nice post.
Cheers!
Cheers!
I already made my small investment in Tron, you have to support this idea, because development and creativity is the engine that essentially feeds the planet.
That and the BABA connection helps ;-p
Right is what gives the impulse
thank you so much for posting this, i was looking for information on tron
You're welcome!
Excellent and interesting semblance of the protocol @g-dubs, best regards!!!
Thank you!
Thank you so much for this important post!!
Thanks!
Thanks, I have been wondering about TRON but was too lazy to research it and it seemed like the ship had sailed anyway. Now I know at least a little more. Still not buying at the top :P
Waiting on my NEO to go 3x .. it's the first 'next gen Ethereum' that's actually here
Yea felt the same way but that little bit I got from Binance compelled me to take a look. Interesting but I'll wait for it to deflate first.
NEO, on the other hand, looking good and about to have a bunch of project launch on its platform. And you're right it's here (like Steem too!).
I have this annoying tendency to not jump onto things fast enough. I signed up on Binance too late for the free coins, missed out on some TRON and QTUM that would've been nice. Then I hesitated too long with Kucoin and missed out on some DeepBrainChain last week. Kinda wanted that too, even though it was a tiny batch. These things have a weird tendency to go 10x!
My philosophy is buy first and ask questions later lol
Im telling you, Justin announcement is either gonna moon or break this coin. Cause so many people are expecting a massive announcement. Im a hodl'r but my instinct tells me that people are going to be disappointed with the news.
Kinda leaning half way with this announcement because if it is disappointment, it gives me another opportunity to pick up a ton more
lol
You may be right, maybe too much expectations built in at this point. Still though, it's one of those "cheap" coins, people love the cheap coins.
Useful topic dear thanks for sharing
Thanks for the information sir.
Cheers!
Yes i agree.its great
I'm a believer in Tron, mostly because of its leadership team. All coins show you the moon, but Tron is the real deal with Jack Ma involved with his protege it'll be a winner for sure!
Looks like w tron you get the moon and the sun!
cryptocurriencies are the future....
and the more you use them the better they get.
Bitcoin is unstoppable,
that's true
I think Tronix will give small content creators (not unlike steem) more agency and power for what they contribute.
Definitely. Sun has over 10m users w Peiwo, lets see if he can do it w TRON
again friend you came up with another amazing topic
Cheers!
One of my biggest bags in there, got in at 0.04$, still a lot roomto grow :3
Well done, it certainly looks more good news will be coming out. I'd be selling into that news, my two cents ;-p
Muy buena informacion, últimamente he encontrado muy buenos comentarios sobre esta moneda, pienso que seria un buen momento para invertir en ella
gracias!
Thanks for the informative post. I think that Tron has some huge potential and a very impressive team. The fact that the CEO has close ties to the CEO of Alibaba and has already built a successful company makes it a very promising coin in my eyes.
Once they stick to their road map, keep growing solid partnerships and do what they say they will do, I believe that Tron will be a very succsful cryptocurrency from a user based point of view.
The BABA connection is very intriguing. It's just tough to justify a $15b valuation at this point.
Agreed. I think that it is overvalued (as are a lot of cryptocurrencies at the moment) in the current market, but we will see how the market plays out over the next few days/weeks regarding corrections!
BInance air dropped me 500 of these. That was cool. That all I knew about tron until this post. Thanks.
Me too... for a while it wasn't even worth enough to sell. I sold yesterday at 20 cents. I'll take it ;-p
What's your opinion on his marketing activities on Twitter? Should a leader of a rising crypto be tweeting and obsessing about the price of his token? Also, what do you think of his % ownership of TRX tokens?
I get that a founder needs incentive to continue working on a project, but it all seems so excessive here.
There's also the argument against centralization of LEADERSHIP, meaning he could be more of a liability than an asset to the company.
This was Satoshi's most genius play. He, she, or they may not even be alive - and if they are, no one knows who they are, which completely eliminates founder risk from a project.
Anyways, appreciate the writeup. Made me think!
~ Kevin
Thanks! He should probably refrain from the marketing on Twitter. Wouldn't fly for a listed company.
I'm not sure how much he owns but I did read there's at least a 2 or 3 lockup. That's decent.
The problem I have is just the valuation. Coins like TRX, ADA, EOS. I like them all but own very little b/c they're not even running yet and all worth over $5b. That's very bubbly. Rather have it in BTC.
Yeah. The valuation is fucking nutso bananas. My current strat is to pick coins that have working tech, in a sector that needs it, and a team that has proven track records of prior success in industry + constantly shipping code and communicating that to investors. So that rules out a LOT of coins :P
Indeed, if you find any let us know.
BNB, WINGS, PRO, POWR I like.
Thanks for being so open about sharing your pics. I'll have to look into the latter 3, considering picking up some binance coins myself. I like BAT and FUN right now.
I own some BAT, that's a bet the jockey pick too.
Bet the jocket = put a lot of $ into it? Not familiar w/ that term :p
Great post man very informative and interesting post.....
Cheers!
I'm kicking myself... when TRX was only 200-odd sat to buy in, I literally had only a few dollars so I threw it behind it. But I was BRAND NEW to crypto exchanges, and I sold during a drop and it's taken me until this weekend when it hit 1300 sat to get my money back up and reinvest it during a drop to 900. Hopefully it really takes off in the near future.
Lol welcome to crypto!
Nice article g-dubs! I am holding some TRX and am watching it quite closely. Check out this article of mine if you'd like to know about more recent developments.
Very nice, thank you I'll check it out.
I hear TRON opened an office in San Francisco, CA recently. New business development perhaps?
Could be, I hadn't heard that yet, thanks for the info.
I bought 4300 TRX tonight at .117USD, let's see how it goes.
Looks good here, nice retrace, 0.10 looks like the floor... will likely take some time to reach ath unless a good pump gets going... but I'd be holding at your price.
Nice name I'm a night owl too ;-p
Thanks, and thank you for the reply.
I mentioned yesterday in my blog that I bought Tronix on an impulse buy, and I know that I shouldn't trade a coin based on a low price.
It was the top volume trader on Binance so I figured I'd throw some $$$ on it just the same...all trading is speculative, is it not?
For sure it is. Buy the 'cheap' coins is not a bad trading strategy. Lots of hot money coming in and noobs always want to buy 'cheap' coins. My buddy knows a crypto fund manager who, behind closed doors obviously, says his strategy is to buy anything under $10 lol.
I'm mostly a hodler though, and for hodling I stick to legit coins like BTC, ETH, XMR, LTC, WAVES
Great post
Thanks!
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