What is TRIG Token (TRIG)?
Future of TRIG Cryptocurrency and know how to buy TRIG

#1 What is TRIG?

TRIG - The Basics

  1. The TRIG token is a product of the Blocksafe foundation that aims to revolutionize the existing ecosystem of defense technologies with the use of blockchain. It is essentially a blockchain platform that aims to anonymously help reduce gun-related crimes.
  1. TRIG focuses on managing a person’s smart gun technology and remains active at National Rifle Association of America The company is active at NRA and firearm events across the USA.
  2. The Blocksafe foundation is a decentralised infrastructure for sensor-based defense technologies. They hope to increase the flexibility, speed, anonymity and safety features in the modern age of defense, using the blocksafe network.
  3. Blocksafe ensures improved security and privacy for every type of gun technology and the hardware supported by them. If an unauthorised person tries to use any of the supported guns within the blocksafe network, the owner is notified by the company directly on the owner’s personal smartphone.

TRIG Development

  1. The Blocksafe Foundation was founded by Kevin Barnes, a US Army veteran who is an experienced System Coder. The main objective for creating this company was to find a way for innovators to outsource their safety concerns.

  2. They first made the headlines in July 2016 when the company launched its crowdsale. A crowdfunding event was conducted on Bittrex in the form of an ICO (Initial Coin Offering), to fund the project in September 2016.

#2 What are the advantages of TRIG?

TRIG Technology

  1. The white paper released by the Blocksafe foundation enumerates a variety of use cases such as :
    1. Protective Gun Vault
    2. Sharing sensor data through decentralised applications
    3. Smart locks
    4. Preventing ransomware
    5. Controlling IoT devices
    6. Litigation
    7. Product Theft
    8. Insurance

  2. Blocksafe makes use of consensus algorithms to establish the exact path that should be taken from the multiple available options. The network makes use of more than three different consensus algorithms to support decentralised applications that are run on the platform.
  3. To provide a secure access to the network, a cryptocurrency token - named Trigger (TRIG), is used. It used Lisk sidechain technology to build the blockchain and produced a new token on the same blockchain.
  4. The TRIG token provides a secure money transaction method with the safest encryption techniques involved.
  5. Blocksafe helps a person lock their identity to their gun without actually sharing their identity with a third party, for example a government database. If an unauthorised person fires a bullet, the location and time can be recorded.
  6. Trigger (TRIG) tokens help store data on the blockchain. This means they will work with smart gun technologies, locks, magazines and other forms of manufactured hardware.
  7. With this technology in place gang activities can be better monitored, lost firearms can be located, absurd gun use can be avoided. Plus, anonymity is maintained throughout.

#3 How to buy and store TRIG coins?

How to buy TRIG

Blocksafe wanted to ensure the smooth and secure process of token swap. To ensure that, the company decided to maintain a 1 to 1 ratio. Hence it was declared that it would only deal on Bittrex for the time being. TRIG was later delisted from Bittrex. It is now available for trade in Binance. Users have the privilege of buying Bitcoin (BTC), Ethereum (ETH) or Binance Coin (BNB) and exchange it for TRIG on the exchange.

  1. The exchanges mentioned above are only platforms on which you can trade TRIG,but CoinSwitch, one of the largest cryptocurrency exchanges, helps you choose which platform to buy from. It supports more than 140 coins and 45,000 pairs of cryptocurrencies. You can choose any pair you want with the TRIG token, and CoinSwitch will facilitate the comparison at different exchanges by showing you the prices at the exchanges it’s sold on, all at the same place.
  2. What’s more – with CoinSwitch, you need not create or rely on wallets or the exchange you use to buy the TRIG tokens. Instead, all transactions can happen to and fro your very own private wallet.

How to store TRIG

To store Triggers, the user simply opens up a counterparty wallet. Most wallets charge transaction fees in BTC. Even when using counterparties, TRIG runs smoothly on the Bitcoin blockchain.

 

#4 What is the future of TRIG?

Also Read: Complete Analysis of TRIG Token | Live TRIG Token (TRIG) Price Charts And Predictions

  1. In 2016, TRIG was quite stagnant. However, there was a short time in October 2016 when the market cap crossed $1.5 million. This was the case till the price of Bitcoin surged at the end of 2017. As Bitcoin rose, so did Trigger’s and the price touched a high of $7.69 and its market cap crossed $245 million.

  2. The price of Trigger has been hectic in 2018. It fell to around $1.67 at the end of January itself, after a strong start. One of the main reasons behind this is because people have been more focused on Bitcoin. However, it is beneficial to invest in undervalued tokens, and investor successes are a testament to this. With the trust that Blocksafe is building, it depicts the long term vision of the company. Hopefully, Trigger would be added to more exchanges in the near future.

Price history

Date

Open

High

Low

Close

Volume

Market Cap

Jul 20, 2018

0.083615

0.084069

0.075258

0.075706

105

139,919

Jun 30, 2018

0.310312

0.4232

0.310312

0.375484

1,679,490

9,962,750

Jun 21, 2018

0.430982

0.443552

0.416721

0.42348

400,542

13,836,900

May 31, 2018

0.755405

0.819752

0.751488

0.792938

630,434

24,252,700

May 20, 2018

0.999633

1.05

0.983297

1.03

627,372

32,093,800

Apr 20, 2018

1.23

1.7

1.22

1.59

30,181,000

39,498,700

Feb 10, 2018

2.09

2.42

1.77

1.89

7,576,480

67,063,100

Jan 21, 2018

3.71

3.72

2.85

2.97

4,648,090

119,159,000

Dec 31, 2017

5.33

8.2

5.24

7.24

22,198,600

171,241,000

Oct 07, 2017

0.689973

0.763711

0.603537

0.631481

1,185,560

22,152,000

Jul 20, 2017

0.071964

0.094431

0.06855

0.079694

44,095

2,310,440

May 10, 2017

0.028491

0.028504

0.023771

0.02725

1,505

914,714

Feb 20, 2017

0.010487

0.012023

0.009922

0.0108

6,547

336,688

Dec 31, 2016

0.007286

0.007304

0.00718

0.007304

9

233,927

Nov 30, 2016

0.006111

0.00692

0.005893

0.006257

153

196,202

Oct 11, 2016

0.024875

0.029752

0.020538

0.020611

3,267

-

Current Trends

As of July 2018, the market cap of Trigger has taken a beating. As the TRIG coin is closely linked to the performance of BTC (like most other altcoins), the market situation around BTC does carry a lot of weight in determining its price.

 

#5 What makes TRIG different from other cryptocurrencies?

  1. The blocksafe network and the smart gun technology is a unique concept that is in the initial stages of its implementation.
  2. The TRIG token is made for the assurance of security in a physical manner, unlike any other crypto token.
  3. The scale of trade however, is limited as TRIG is available on limited platforms.

 

#6 Should you invest in TRIG?

  1. Blocksafe is a revolutionary foundation that is looking to further smart and safe gun use. This program has a long term goal that is operated and initiated under experienced and able supervision.
  2. So it might be possible that the technology would achieve a bigger outcome in the next few years with a bigger reach and acceptance.
  3. At the same time, Blocksafe’s whitepaper leaves much to be desired in terms of elaboration on the technical implementation and workflow. It just happens to be a collection of poorly explained flow charts at the moment.
  4. It is of course, important to maintain patience with crypto investments. At the same time, you ought to do your research before you end up holding for too long.
Related Searches



Buy TRIG using credit cards at the best rates
Buy Now
Buy TRIG using credit cards at the best rates