Tron is a decentralized platform that aims to build a global digital entertainment system that is available for free for everyone. It is a cost-effective way to share digital content. A Singapore based non-profit organization founded Tron in September 2017. Tron has a dedicated in-house development team that includes widely known technology experts.
Tron uses P2P network technology to eliminate the middle man and bridging the gap between entertainment content creators and consumers. Result of which is a significant cost reduction. Tron allows anyone to host digital entertainment content its blockchain-based network. This also allows the audience to pay to the creators by eliminating the third party directly. Tron currently is offering Exodus, which is an ideal peer to peer platform for distribution and storage of the content. The idea that Tron introduces is a unique one, and in the years to come, we will see the rise of Tron.
Is TRON a good investment?
Tron, since its inception, has gained a lot of attention to crypto-enthusiasts, which is needed to develop a successful technology. The recent acquisition of BitTorrent by Tron is a powerful sign that Tron is going to grow in the coming future. Though the project is new, the idea of investing in Tron is not bad. Tron has the capability to change the world of entertainment. As the world continues to move in the decentralized direction, a platform like Tron gets the top position in the CDN industry.
In addition, Tron has very low transaction fees, so you don’t have to think twice before moving your Tron coins around. Tron also has a good team of individuals; in fact, the founder himself has done some impressive things, one of which is launching the Chinese version of Snapchat named Peiwo Suin. Justin Sun has already listed by Forbes in ’30 under 30’ section. Justin Sun has made some strong business connections, and the most talked-about one is with the Samsung that is now accepting blockchain-based apps.
Tron has created a lot of noise in the past and looking at its adoption rate; we can say that it’s the right time to invest in Tron. The perfect time to invest in anything is when its prices are low, which is what makes buying Tron now a good decision.
How much is the Tron worth?
Tron, even having a short history, has managed to make its position among the top 10 biggest cryptocurrencies. Tron is a decentralized platform that is soon going to disrupt the entertainment industry. Justin Sun, the founder of Tron, has picked up every trick to give his coin a good exposure. With the steps that Justin is taking, we can say that he will fight tooth and nail to keep his project running. Things are moving as planned, and currently, TRX is sitting on Top 20 position in the market cap table. Tron is an underlying blockchain, whereas Tronix is a native token of Tron that has different functions in the Tron ecosystem. Tron is handling more transactions and users than many other cryptocurrencies.
Tron saw a huge adoption rate once its mainnet was released. However, the position seems to be precarious because of the recent controversies surrounding its founder. To make things better, Tron has partnered with Samsung and Metal Pay. Currently, Tron is trading at $0.0104, and experts believe that the cryptocurrency will show growth in the future.