The 11th largest cryptocurrency is all set with new developments as its first fully featured decentralized exchange (DEX) TronWatch Market is currently running on testnet. Meanwhile, a new game Coin War is also coming that is right now in beta phase.
TronWatch Market & Coin War are Coming
The very first fully-featured decentralized exchange (DEX) of Tron is soon going to enter the market as it ends its ICO sale that is touted to be simple, secure and decentralized. The official announcement reads,
“We’re looking to build one of TRON’s first fully-featured decentralized exchanges. It will allow you to easily and securely trade between TRON, TRX10, and TRX20 tokens.”
Currently running on testnet where all orders and trades will be validated, filled, and executed by their smart contracts. A number of bots are also actively trading on TronWatch Market.
The user interface has the similar look and feel as of other exchanges that is clean and simple. As for order, the official blog post mentions, “Users can enter orders as limit orders, making it very easy to trade. When you submit an order, TronLink, the browser extension for TRON, will prompt you for confirmation. Market maker offers are stored off-chain and are made available immediately, while market taker orders are submitted directly to the TRON network for processing.”
TronWatch Market has certainly gotten the attention of crypto community as it achieves over 16.5 MM TRX on SEEDgerminator.
— Sesameseed #TRONSR (@sesameseed_SR) October 29, 2018
Weiss Crypto ratings also took to Twitter to acknowledge another feather in Tron’s capt:
Tron has just released a market demo for TronWatch, #TRON’s first fully-featured #DEX. Demo currently runs on Testnet, all trades are using smart contracts.
Most DEX are too cryptic for the average user and lack adoption. We’re hoping Tron can make a difference.
— Weiss Ratings (@WeissRatings) October 29, 2018
Meanwhile, another development is coming into the form of a second game called Coin War. After the first game Magic Academy, that targeted the way players interact with the game, developers and other players, the new game is targeting prediction and finance both.
Based on financial prediction, the Coin War is by FCC team that will only support TRX betting, further allowing the users to choose the prediction target easily. Nasdaq, SSE index along with BTC, ETH, and TRX are part of the predictors.
As for the TRX price, at the time of writing Tron has been trading at $0.0221 with a loss of 4.86 percent in tandem with the red market. The 11th largest cryptocurrency in the market currently has the market cap of $1.45 billion.
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I am an entrepreneur and a writer with a bachelors degree in Computer Science. I manage the blockchain technology and crypto coverages at Coingape. follow me on Twitter at @arya_achal or reach out to me at achal[at]coingape.com.