Tronix (TRX)- What is it and where to buy it.

in #cryptocurrency7 years ago

No, I am not talking about the movie! TRONIX [TRX] the token of TRON is, as explained on their website: " a blockchain-based decentralized protocol that aims to construct a worldwide free content entertainment system with the blockchain and distributed storage technology."

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Their main purpose is to give back the power to content creators. The Tron ecosystem offers a place where you can safely store your data, decide who views it and manage it. This ecosystem discards the "middle-men" increasing control and maximizing revenue from your content. Executing this vision is going to require a tremendous work and execution as Tron is competing with giants such as YouTube and Facebook. You can learn more about their plan in detail here.

Justin Sun, CEO of TRON, a 26 year old featured twice in the Forbes list of 30 Under 30 brightest entrepreneurs in China, has stated on Twitter that TRON will be announcing a partnership with a highly prestigious Chinese company. As rumors spread on a possible partnership with Alibaba Group, TRON gains ground on the Cryptocurrency world, reaching the staggering #12 position by market capitalization, with a price of $0,116187 per TRX, by the time of this post. Justin Sun is a graduate of Jack Ma’s Hupan University, CEO of Alibaba group Ltd. Which makes speculators optimist regarding a future partnership between both.

No one knows what the future holds for TRON but is safe to say that the Blockchain world has gained a lot of attention in the past year and the future is looking bright. TRX is currently being exchanged in some major sites such as Binance and Yobit.net, recently being added to CoinRail, a Korean exchange website. Since I have no experience with CoinRail, I cannot recommend it.

If you are an investor looking to diversify your cryptocurrency portfolio, TRON could be an option to consider as it is one of the hottest cryptos at the moment.

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