Tron Remains Unfazed by Market Collapse as it Continues to Strengthen Fundamentals

While the world is debating the recent plummeting of crypto prices, Tron seems to be unfazed by this movements and continues to do what it can do the best- create Tron a fundamentally strong, technologically superior blockchain and TRX and unmatchable coin.

Tron acquires Blockchain.org forays into big data

This week Tron, confirmed the completion of BlockChain.Org domain name acquisition. Justin Sun said that the main purpose of acquisition blockchain.org domain will be a one-stop aggregated data, search engine platform. It will be a platform that will offer big data analysis, project evaluation, information search and other services for users in the blockchain field. Justin also invited and encouraged others in the industry to participate and build a platform to help the growth of blockchain industry. The official announcement on Tron’s blog said,

“It will be a platform that offers big data analysis, project evaluation, information search and other services for users in the blockchain field. Justin also encourages others in the industry to participate and build a platform to help the growth of blockchain industry.”

For Tron, Big Data seems important because it will help TRON to better analyze and answer some of the vital questions about the industry including what does the community want, what the blockchain field requires and what does the current and future market condition could be like. It will help Tron to stay ahead of its competition in terms of delivering the right solutions and addressing the demand. The user will also be able to utilize this analyzed data to be better informed about a certain project and get the information they need. The introduction of BlockChain.org would also be in a position to aggregate all data in one place so it can to help and solve certain problems in the blockchain field which usually gets missed out due to too much of noise built around problems.

Also, read: Tron Adoption in Overdrive with this New Support, Now Pay for Amazon, Starbucks with TRX

Tron’s super representative quest adds BitTorrent

June 26 was a key milestone day in the project’s roadmap as the company went into elections to appoint its 27 Super Representatives who were to be tasked with playing a key role in the company’s governance. According to the recent announcement BitTorrent just got elected by the community as one of the 27 #TRON Super Representatives.

BitTorrent just got elected by the community as one of the 27 #TRON Super Representatives, check out this video and learn more about their team and mission! @BitTorrent $TRX pic.twitter.com/XtJ6E2Arn1

— TRON Foundation (@Tronfoundation) August 14, 2018

Last month, TRON co-founder Justin Sun had been elected as a Super Representative. Other elected Super Representatives include blockchain capital group CryptoDiva, gaming company Skypeople and blockchain information platform Lianjinshu. Interestingly, uTorrent – a BitTorrent client which is currently maintained by a team of developers at BitTorrent – is also in the race to be chosen as a Super Representative. Sun also announced BitDogSR as yet another candidate for the Super Representative election. BitDogSR originated in the TRON community and has been an early supporter of the network.

Other interesting updates

TRON has witnessed a number of interesting developments since the successful launch of its MainNet on May 30. The events include its recent token migration, the launch of its very own virtual machine and of course, its much-awaited secret project. The company is active in its inorganic growth channels as well acquiring BitTorrent and also is working Twitter to launch P2P payment systems to social media via Seedit.

These are a few reasons that keep Tron’s TRX in green territory irrespective of the bloodbath seen on the street. With so much of fundamental changes and a new listing on BITBOX, Tron piped IOTA In The Markets moving to the 11th largest cryptocurrency.

Will Justin Sun vision and Tron team hard work do more wonders for the coin TRX? Do let us know your views on the same.

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Nilesh Maurya

Nilesh Maurya has been associated for past 8 years as an Investment Banker with Omega Capital, a bespoke Investment Banking outfit having offices in Mumbai, New York, Singapore, and Dubai. He has been a regular contributor to business publications such as Business India and Market Express and has been a mentor to many start-up companies. Nilesh Maurya has been associated for past 8 years as an Investment Banker with Omega Capital, a bespoke Investment Banking outfit having offices in Mumbai, New York, Singapore, and Dubai. He has been a regular contributor to business publications such as Business India and Market Express and has been a mentor to many start-up companies. Follow him on X at @KoinKing1 or connect with me on linkedin.

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