Tron is a decentralised blockchain platform that promises to create a free, worldwide digital content entertainment system using distributed storage technology. It also enables easy and cost-effective digital content distribution.
About TRON coin
Tron was created in September 2017 by the Tron Foundation, a Singapore-based non-profit organisation. Justin Sun is the CEO. It also has an in-house development team of famous technological luminaries.
Tronix (TRX) is the platform’s native cryptocurrency. It is the currency paid to content creators for their content. Tron cryptocurrency was launched in 2018.
At present, the TRON coin is widely considered to be a good and popular cryptocurrency. Today, TRON’s current capitalisation is estimated to be $1.47 billion.
Tron cryptocurrency future looks bright because the entertainment sector is developing at a breakneck speed. It will increase the cryptocurrency’s utility. As a result, if everything goes well in the future, investors will be drawn to it.
Creation of dApps: Tron coin can be used for the creation and interaction with dApps.
Access to content: Content consumers can pay Tron cryptocurrency to view the content that they want.
Trade: Users can also trade Tron coin for other cryptocurrencies.
Just before China outlawed ICOs, the TRON Foundation raised $70 million in 2017 through an ICO.
You can invest in TRON through CoinSwitch Kuber.
Yes. It is listed on exchanges.
TRON coin has seen both ups and downs, just like any other cryptocurrency coin. But their current excellent team and founder, Justin Sun, is promising a better future.
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Cryptocurrencies have emerged as an attractive investment option in recent years, capturing the imagination of investors despite their high volatility.
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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.
Tron is a decentralised blockchain platform that promises to create a free, worldwide digital content entertainment system using distributed storage technology.
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