TRON Review

in #tron6 years ago (edited)

TRON LOGO
Introduction:

(FROM THEIR WEBSITE)
TRON is a world-leading blockchain-based decentralized protocol that aims to construct a worldwide free content entertainment system with the blockchain and distributed storage technology. The protocol allows each user to freely publish, store and own data, and in the decentralized autonomous form, decides the distribution, subscription, and push of contents and enables content creators by releasing, circulating and dealing with digital assets, thus forming a decentralized content entertainment ecosystem.

COIN RATING: 2,4/10

TRON does not have a product yet, nor a solid plan to achieve one.
The development team have not proven that they have experience or capability to create a solid product.
Most investors in TRON do so based on social proofing factors and not because they understand the product.

Relative Network Value: 3/10

Tron is currently an Ethereum token.
There is a big community of supporters on reddit and facebook groups.
However, due to its recent nature there is no guarantee that people will hold to this coin.
It is accepted in a lot of exchanges.

Potential Growth: 4/10

For TRON to grow it needs to be able to deliver on the product and be able to compete against the current already existing entertainment platforms such as Google and Facebook.
This I find very hard to see happening because the added value to the final consumer is not so obvious.

There are other projects attacking the same issue of censorship from a different angle.
For example, STEEMIT is already paying its content creators in a decentralized way.

At the moment TRON has not created its platform and the developers have little reputation (unlike EOS or Cardano).

Only announcements and partnerships can make the price go up.
It attracts mostly investors that are entering the crypto market.

Relative Development Value: 2/10

They're lead developer is called Lucien Chen and was working on Alibaba. However, on they're github he is not involved in the project.

They had a plagiarized white paper and their wiki is incomplete.

Justin Sun is the CEO and he does not have a developer background.

Partnerships: 4/10

It is not clear how many partnerships will benefit TRON.

None is a major business, although there are rumors that Alibaba could be a partner.

They have a 10 year road-map (remember how the world was in 2008?)

They have a webshop of virtual dogs that resembles Ethereum's crypto-kitties.
However TRON dogs is just a regular web shop that accepts TRON as a payment for a virtual card with a dog on it.

On the other hand Crytokitties is a contract in the ethereum blockchain that enables people to create and reproduce kitties.

There is much noise but little content in the Partnership field.

Utility: 2/10

It is a Ethereum token from an ICO.
You can buy virtual dog cards with it.
It is accepted in many exchanges.

TL;DR TRON is just an idea, does not have a solid development team, does not have a solid plan.
I do not recommend investing in it.

Sources:
https://getcrypto.info/tron/
https://tron.game.com/#/market
https://en.wikipedia.org/wiki/Broadcast.com
https://www.reddit.com/r/Tronix/comments/7b7f3r/question_tron_announced_the_hiring_of_lucien_chen/
http://www.list.wiki/TRON_(TRX)
https://github.com/lucien-tronlab

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