Why I love Tron - Fundamental Analysis

Tron is a disruptive technology, Trx is a blockchain that has a clear use case by everyday consumers, this is a blockchain technology that I think we will see make enormous progress this year, not only because the initial design is well thought out but the team behind the project are reputable and have super backgrounds.

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What is Tron?

According to Tron's white paper their aim is to create "a worldwide free content entertainment system". They aim to do this by cutting out the middlemen such as Googles Youtube, Spotify, News sites, etc.

Tron also aims to accomplish much bigger things. Tron is providing a blockchain that other companies and ideas can build onto of.

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For example a you could earn Tokens in the Tron ecosystem by renting out your bike, or doing odd jobs for other people or even an Uber type service. The earning of these tokens could be offered by 3 independent companies a bike sharing company, an odd job company and a taxi company. The next bit is even better. You can go on to spend your Tron tokens with other service providers, for example buying a cup of coffee with the rewards that you have earned earlier in the process!!

Why is it investable

Quite simply Tron is not just a small piece of the solution, it's tokens and blockchain do much more than one service. Other providers will be building ontop of the Tron Blockchain, this means that the growth potential is great, as people can innovate new ideas onto the platform and join the ecosystem, thus benefitting all members of the system.

Is it Working?

There are already partnerships forming when people are building on the Tron blockchain. oBike a bike sharing company is launching the oCoin on the Tron platform. You will be able to swap your oCoin for TRX.

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There are also use cases coming with with TRX Dogs! Think Cryptokitties but Dogs, faster and not using up lots of GAS.

The Tron Team

Justin Sun is the creator. He is reputable in Asia as the founder of Peiwo (Chinese Snapchat), he has worked with Ripple and is well respected in the consumer technology sector. Also included as an investor is the founder of Ant Shares, Xu Yiji.

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The Future

Yes today the price for Tron has dipped, but it has also accelerated wildly in the last week, so today's behaviour is natural pull back before further progress is made. My personal view on Tron is a long term buy and hold, with these dips offering up great opportunities to buy in.

In the short term Tron will have to deal with Bitcoin if it goes on a bull run and it will have to cope with initial hype.

Remember, these are my opinions, you can use this as part of your research, please do complete your own research before risking your investment.