The first cryptocurrency appeared in 2009, but even before its appearance, they wanted to create an entertainment platform like or YouTube. When Bitcoin and other similar projects became popular, it became clear that blockchain technology can be used not only for creating a system for payments. And in 2017, the TRON (TRX) cryptocurrency appeared.

About TRON project

Tron is a project created in 2017 and has quite big ambitions. Its goal is to create a decentralized platform for entertainment content. The work is based on blockchain technologies and smart contracts. Therefore, each user with a device connected to the Internet can support the platform, creating a convenient payment system.

As conceived by the developers, it was calculated that TRON will become the largest decentralized operating system that can compete with Windows or Mac OS. It is already gaining popularity among users.

This platform is already used by entertainment content developers, gamers and investors. The focus is primarily on online games and virtual casinos. Over time, if the project is not closed, they predict the future of the largest provider of Internet entertainment and not only. It is a convenient platform for posting content of different content, not just entertainment. But the emphasis, of course, will be made in this direction.

Tron can also become a service for finding video game investors. The platform has a built-in payment system that will allow you to effectively search for depositors, collect charitable donations and perform other financial transactions, depending on the choice of the creators of new entertainment content. The smart contracts underlying this project will help negotiate and guarantee a return on investment in advance. They will also ensure the security of transactions, which many other systems put at risk.

For settlements within the platform, the TRX token is used. It is not a cryptocurrency in the full sense of the word, but is used as a tradable currency or securities. Also, the token is included in the listing of dozens of exchanges and is traded according to the laws of the world market. Those. it can be bought, exchanged, and sold for another currency.

Despite the fact that the Tron project has already been officially launched, the plans for its development are very long-term - until 2027. This is both a disadvantage and an advantage. The plus is that such long-term plans speak of the seriousness and stability of the project and the company itself. But at the same time, not all investors will agree to wait so long for their profit.

The development plan or Roadmap is divided into several stages:

The outcome is a stage already implemented according to the plan, scheduled for the period from August 2017 to December 2018. This is the official launch of the project. A free platform for distributing tokens has already been created. This is the first step towards creating a decentralized social network, which has already paid off.
The Odyssey is still underway. The end of this stage is scheduled for June 2020. At this stage, it is planned to launch a financial model that will give users bonuses for posting content. According to the developers, the incentives will be very tangible in order to attract new users, developers and investors, as well as develop the platform, make it more attractive.
The Great Journey is the third step in social networking. At this stage, the developers will fix flaws and bring the platform to perfection. It is scheduled to be completed by June 2021. After that, users will be able to independently set the automatic payment of profits to investors, track charitable contributions and effectively interact with their implementers.
The fourth step - Apollo - is called the space program. It should be completed in March 2023. After that, users will be able to create their own tokens.
Star Trek will continue the space theme in the development of the platform. This stage should be completed in September 2025. Here, the platform will again be upgraded to allow users to play online games and use other applications. And the developers, accordingly, post their content.
The Tron developers also took 2 years to develop the last stage - Eternity. The development of the platform should be completed in September 2027. An investment campaign will be carried out, thanks to which the network will become easier and the system interface more attractive.

Tron features

The platform will be able to:

upload, store, transmit or rent any content;
support and mark interesting projects with money, "hearts";
leave comments near the content you like, as well as repost it;
distribute content and use applications without looking back at the prohibitions of laws;
receive bonuses, namely the platforms cryptocurrency, for posting content;
place a decentralized application - from a small program to a large game;
issue your own tokens;
participate in platform governance through voting.

How Tron is created

The story began 3 years before the first platform source code was published. Raybo Technology Inc was founded in Beijing in 2014 to provide IT audit, application development and digital technology project management services. Later, this company became the parent of the future TRON platform, and at the moment it owns all the trademarks of the first blockchain-based entertainment network.

Three years after the founding of Rybo Technology Industries in Singapore, the TRON Foundation was founded, the functions of which included preparing the entry of a new cryptocurrency on the market. The founder of the company is a "golden" boy, a young web programmer Justin Sun.

Until September 2, 2017, the new company held an ICO to attract investors. A detailed plan for the technical development of the platform was prepared and articles were created for Tron Whitepipe.

During the ICO, the company received almost $ 70 million. This is the most significant indicator in the history of crowdfunding. As part of the transactions, about 40 billion tokens fell into the hands of users. At the same time, about a quarter of the amount was given to private investors who bought tokens after the official opening of the project. Thanks to such a move, within 10 days of its existence, the currency entered the listing of large exchanges and entered the phase of active sales.

And in December 2017, the platforms source code was published. At the same time, users were informed about the development plan of the network, which led to an increase in the rate of the coin to 4-5 cents apiece from 0.1 cents. Such a significant jump in the rate attracted investors.

On May 31 of the following year, the MineNet public network was released. This was the first step in the project to create a decentralized social network. Despite the fact that the project was successful, the token rate has not changed.

Two months later, the company made an important purchase - BitTorrent. Since then, all BitTorrent products have joined the TRON system, allowing for improved P2P data exchange technology. On August 30 of the same year, the TRON virtual machine was officially launched, designed for easy integration of developments on the platform.

In October, the company began trading in gaming and non-gaming applications. In January 2019, 2 major events awaited her: an international summit and successful BitTorrent crowdfunding. This affected the token rate for the better, but then the indicators dropped again to 2 cents apiece. Today the company continues to implement its long-term project.

Is TRON endless

Judging by the fact that millions of users are already choosing this particular cryptocurrency, we can talk about the long-term work of the project. Tron is already in 11th place among the most popular cryptocurrencies, its demand is only growing. In the digital money market, the situation has changed for the better since last year, which means that for now you can not worry about the fall or disappearance of the cryptocurrency.

Tron strengths

Since its launch, Tron has been criticized more than once. Even the most critical experts cannot fail to note the strengths of the project:

The basis of the system is the developments of past cryptocurrencies.
Internal payment system in MineNet, which allows up to 2000 transactions per second.
Many supporters around the world. About 3.5 million people from China to South America have joined the Throne so far.
Smart contracts keep users and their funds safe. The system allows you to quickly and confidentially invest in entertainment.
Stability and regularity of the technical development plan. From the moment of its launch, the developers began to conduct systematic work on its implementation and are still keeping pace with the schedule.
Active PR and publicity of the project management attract new users and investors.
Investment attractiveness. As of 2019, TRX ROI, adjusted for rate jumps, is over 1,000 percent. Many crypto investors advise including TRX tokens in an investment portfolio and expect long-term profits.
BitTorrent ownership. The company has already presented the Atlas project, which provides for the integration of the popular tracker with the blockchain platform. As a result of this pooling of resources, BitTorrent should start to work faster, and its users can expect to receive rewards for posting content. Tron, in turn, will get a large app with a huge audience for its network.
Of course, the platform also has several weaknesses, which, according to their plan, the developers are likely to eliminate.

TRON in TOP currencies

Having opened the coinmarketcap.com website with a rating of the best cryptocurrencies and drawing attention to the top 15, you can see that this list contains several assets that are quite cheap - less than one dollar, but at the same time have a crazy capitalization of more than 1 billion.

One such asset is the Tron Coin (TRX). If you look into the past of this project, you can see that in just the second half of 2017 it was able to grow by 2,400%. Accordingly, all those who have invested their money in this asset since its inception were able to get a very good profit.

It should be noted right away that Tron is not a cryptocurrency per se, but only a token. That is, this coin does not have its own unique blockchain code. However, this fact does not prevent the token from being very popular. Tron for June 2018 is among the top 10 cryptocurrencies in the coinmarketcap rating. One coin costs about 4-6 cents, the capitalization of the project is almost $ 3 billion. A total of 100 billion Tron coins have been issued.

At the moment, the cryptocurrency is in 11th place among the most popular 30. The token rate is 1 cent. Thus, Tron remains a fairly promising asset that is not a scam.

This is the only coin that costs such little money in the digital currency market - only 1 cent, but at the same time it takes its place of honor in the ranking of the top 15 best cryptocurrencies.

At the moment, Tron is supported by many large companies from China and Asia, who are serious about improving and promoting it in the world of digital currencies. In addition, this token is quite in demand in the market.