Introduction to Tron:
TRON is a blockchain-based decentralized protocol that aims to construct a worldwide free content entertainment system with the blockchain and distributed storage technology. The protocol allows each user to freely publish, store and own data, and in the decentralized autonomous form, decides the distribution, subscription and push of contents and enables content creators by releasing, circulating and dealing with digital assets, thus forming a decentralized content entertainment ecosystem.
Why Tron is a game changer:
Tron’s main goal is to completely cut out the middleman when it comes to the public release and sharing of content like music, videos, and books on the net. This decentralisation removes the large fee companies such as Amazon or YouTube making each person their own distributor. Therefore each individual has a fundamental ownership of their own data. Tron is designed to assist the masses who enjoy content entertainment throughout the world, rather than for the purpose of gaining profits. “As a result all Tron users will benefit from its prosperity ”. This is a clear win-win for all parties involved.
Tron plans to have a beta release Exodus in March of 2018. Exodus is a mechanism to upload, store, and distribute data which is based on peer-to-peer and distributed contents. Exodus is Tron’s first phase in becoming revolutionary and works on the basis of the distributed storage technology. Since this is their first phase of the project , as stated in their road map , we can expect further releases to expand the Tron and add to its functionality.
As stated after the release of Exodus the following are planned:
Odyssey — Content Empowerment
January 2019-June 2020. Odyssey will provide the incentives for content creators to use the Tron platform “with fair returns for content creation, distribution and dissemination.” It attempts to reduce the fees of being a content creator such as paying “high channel fees to centralized platforms like Google Play and Apple’s App Store” and the ineffective profit yield for them due to the lack of a proper paying system. This will be implemented through another cryptocurrency called Ocoin.
Later Development
After Odyssey, Tron’s road map has 4 more stages — Great Voyage, Apollo, Star Trek and Eternity .
Tron has already been successfully integrated into Tron Dogs which is an online game where users can buy , breed and sell dogs for Tron tokens. This is the only start of Trons integration into real world applications.
The Tron Token:
Content owner ICO: Content owners (IPs, individuals, and groups) can freely issue their digital assets, using TRON 20 standards, while others can buy these digital assets and enjoy the benefits and services brought by the constant growth of data contributions.
Tokenization is a way of defining value in blockchain and is used to benchmark financial or digital assets. On TRON, we suggest all tokens use the same standards, TRON 20, which will make it easier for the token exchanges and DAPP support. -Tron Whitepaper
The Tron token will gain value as Tron grows. I feel at only $0.04 at the time of writing, this is a total steal and an extremely wise investment.
To add to this , in Q1 2018 , A coin burn mechanism is going to be implemented. This means that the value of a single coin is going to become higher as there is less total supply while there is demand.
Why trust Tron?
When I invested in Tron, one of the key areas that convinced me was the team involved in the project. Justin Sun is the founder of Tron. Justin is on the list of Forbes 30 under 30 for three times from 2015 to 2017. He is the only millennial student of Hupan University and is a protégé of China’s tycoon Jack Ma, Chairman of the Alibaba Group. Justin obtained a Master Degree from the University of Pennsylvania after he received a bachelor degree from Peking University. Justin has also created the very successful Peiwo app further providing him with a very reliable and successful background.
As well as Justin multiple members joined the team over the past months. All of the team are extremely qualified with some of the team coming from Microsoft and Alibaba. With a team like this behind the project it is guaranteed to succeed.
The Tron team have also released a road map and have announced all their plans up to 2027. This long term view for the project further provided me with confidence and assured me Tron is the future.
My predictions for Tron in the future
In the coming years I expect to see Tron move into the global entertainment industry and revolutionise the way it functions. Many individuals invested in Tron want to see a profit and I can guarantee , as Tron grows , so will your investment. I hope to see my investment and faith in Tron rewarded. With such a powerful team and an amazing project I have full confidence they will not fail in their mission to create the Internet 4.0.
Tron has already has a total of around 150,000,000 users in total using its technology with its current partners: Peiwo App, Gifto/Uplive, Obike, GSC and more to come. This number will of course grow adding more users to the technology.
How to get involved in Tron
Before investing in any project you need to do your own research. Take a look at: https://tron.network/en.html and have a deeper look at their mission and what they aim to achieve. You should also know about the technology behind Tron and the Blockchain so you understand what you are investing in.
If you decide to invest in Tron (excellent choice) , you can use Binance to purchase the token and hence support the project.
Tron can easily hit $1.50 by the end of the year due to all previous statements.
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