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<img class="alignnone size-full wp-image-331" src="https://mdthinks.com/wp-content/uploads/2017/12/tron-trx-altcoin-review-the-next-innovation-in-global-entertainment.png" alt=" TRON (TRX) Critique of Altcoin – The Next Innovation in Global Entertainment? "Width =" 461 "height =" 337 "/>
It starts to feel like there was new cryptocurrency every day. The rise in bitcoin and the rise in the value of altcoins have launched a wave of new ICOs and IPOs. However, the real question remains, what is the probability that these new altcoins will develop in an increasingly crowded environment?
Today, we are going to look TRON which has made waves in the world of cryptocurrency. In fact, there has been such a craze around TRON that its ICO has caused the collapse of Binance, users reporting expectations of an hour or more to get into the action. It is already surpassed Bitcoin and Ethereum in the race to 10 million wallet users around the world, and could be the next big thing.
Making global entertainment truly global
TRON is designed to manage payment, development, storage and credit sharing for global digital entertainment platforms. This means that someone in Thailand can buy access to live entertainment from India without having to worry about overcoming the barriers and barriers to payment that currently exist.
Currently, the payment process is incredibly tedious. The buyer must either have a bank account in India or navigate a long series of exchanges to execute his transaction.
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TRON seeks to improve the efficiency of the global entertainment economy by acting as a universal currency and a host of exchange. The global entertainment industry is estimated at $ 1 trillion, so getting a piece of this pie can do wonders for the value of the currency.
Features and Uses
Mechanisms of consensus
The TRON network uses innovative consensus mechanisms to solve personal identification and credit problems in online transactions.
TRON uses point-to-point transactions that allow users to avoid centralized settlement structures.
TRON can serve as a host between users and developers, verifying the authenticity and compliance of credit information.
Intelligent Contract Protocol
TRON's Smart Contract Protocol enables users to take advantage of this digital currency's functionality, eliminating information barriers between applications and preventing applications from becoming silos of information thanks to the short cycle of monetization inherent in entertainment. applications and systems.
Flexibility of the Blockchain
TRON Supports Many Blockchain Networks, Including Bitcoin, Ethereum, EOS, and Qtum, Improving Utility and Liquidity
Game Exchange Office
In addition, gaming companies may issue any specific currency to a platform or game and exchange that currency freely with other publishers via the TRON protocols. As a result, users can move the currency from one game to another in a fast and smooth process. This forms the basis of a deregulated global gaming environment.
Confidence in the game
While the online gaming industry is booming, TRON goes even further by creating a multiplatform system that ensures authenticity and verification without going through centralized channels.
TRON is the invention of Justin Sun, founder and CEO. He has the notable distinction of being listed twice in Forbes 30 Most Influential Asians under 30 years old. Mr. Sun also has the recognition of being the protégé of Jack Ma, founder of Alibaba. He created Peiwo, a Chinese version of Snapchat.
The first two ICO rounds of TRON ended in less than 5 seconds each, and have only picked up since then. He had a pre-sale on August 29 and is considering an IPO in the US soon.
<img class="alignnone size-full wp-image-333" src="https://mdthinks.com/wp-content/uploads/2017/12/tron-trx-altcoin-review-the-next-innovation-in-global-entertainment.jpeg" alt=" Graphic TRX TRON altcoin criticism "width =" 468 "height =" 388 "/>
Total Amount of Supply and Amount Circulating
As of October 5, 2017, 12:50 PM UTC -5, TRON's total outstanding offering is $ 40,000,000 at a price per coin of $ 0.003208, which gives it a market capitalization. total of US $ 128,320,800. TRON has a total fixed supply of 100,000,000,000.
Conclusion: Should you invest in TRON
TRON has a lot to do, which makes it an attractive investment opportunity. It is designed for an industry with huge growth potential (global entertainment) and the functionality it offers players means that it will likely become a particularly popular digital currency option.
Players and those interested in global digital entertainment are among the consumers most likely to buy and use a digital currency. Plus, the benefits that TRON offers players make it hard to compete with the world of growing online gaming. Unlike other altcoins, like No Limit (NLC2), TRON can be used on multiple platforms and activities. As a result, users can take their online poker winnings and use them to buy access to a live concert in another country without having to go through a series of exchanges.
In addition, the smart contract protocol and the ability to facilitate multiplatform transactions also give TRONA a head start in terms of growth potential on some of the other coins that have recently hit the market. Therefore, we believe that a moderate participation in TRON is a reasonable investment for any cryptocurrency wallet, and may be a good choice if you are particularly interested in global entertainment, gaming or cash games. online.
Thank you for reading!
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