Let's talk about another cryptocurrency and blockchain platform called Tron.
As always everything said here is my personal opinion and I am NOT a financial adviser. Now let's get to the brief summary of, What Tron is?
Tron is a 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. Tron has established the Singapore based Tron Foundation a nonprofit organization that mainly engages in operating the Tron Network.
In the principles of openness fairness and transparency and supporting trons development team. The Tron foundation is set up with the approval of the accounting and corporate regulatory authority and under supervision and regulation of the company law of Singapore. Tron official currency is Tronics.
Tronics is the basic unit of accounts in Tron's blockchain. The value of all other tokens are derived from the value of Tron. Tronics is pre mind so there's no mining involved like in Bitcoin.
Next we will discuss some good reasons.
Tron is a good investment, Justin Sun is the CEO of Tron with a great background. He founded pelo app which already has 10 million users in 2017 Forbes listed him as 30 under 30 in Asia. He is the protege of Jack Ma who is the founder of the Alibaba Group. Also he is the former chief representative in great China of ripple. Overall Tron is another block Chain technology platform similar to others.
