What is Tron? Tron is a decentralized entertainment and content-sharing platform which uses blockchain and peer-to-peer technology. The Tron protocol allows each user to freely publish, store and own data, and in a decentralized autonomous form of all social aspects including the distribution, subscription, and push of content.
What is Tron and What Makes Tron Special
Tron was Founded by a Singapore-based foundation, seeking to tackle the global entertainment industry, namely online and internet related activities. The platform will allow its users to ‘cut-out’ middlemen like Apple Store and Google Play; enabling companies to earn commissions and funds without having to operate through Google, Facebook or Amazon, but rather, directly from the user. Some define it as the next generation social media outlet, attempting to keep data and personal information in the hands of the user, not the conglomerates who currently control it.
Tron projects already include Peiwo, Obike, Uplive, game.com, Kitty live and Mico, with 100M+ active users from more than 100 countries and regions around the world.
About The Tron Team
The CEO of the Tron Foundation is the 27 year old, Justin Sun. He founded the Peiwo app which has 10 million users, becoming the first streaming application to receive cryptos.
Justin is also the protégé of Jack Ma, the founder of the AliBaba group. He graduated from Jack Ma Hupan University, (has a lower acceptance rate than Princeton) and from the University of Pennsylvania.
Tron with a big team of special advisors and skilled team members. Besides Jack Ma, amongst the team, you can also find Feng Li, an advisor for Ripple and lead investor in Coinbase and Tim Berners-Lee, world renowned, early internet investor.
About the TRX Token
Tronix (TRX) is the official currency of Tron. There are a total of 100B TRX token, with over 65B tokens already in circulation. TRX was issued at an ICO price of $0.0015 and has increased in valued over X40 in the past year. The young company is estimated at a total of over $4B, currently positioned amongst the top ten crypto companies in the industry, with bright prospects for the future.
According to the blox community, over 37% of the blox community now holds $TRX, the token is being supported by over 21% of the worldwide exchanges and most users in blox are holding it in exchanges.