TRON (TRX)
What is TRON?
Tron is a decentralized platform that uses the blockchain technologywith the objective of establishing a worldwide free entertainment system and a distributed storage technology. This allows great autonomous interaction between digital content providers and the average user. They will do this by creating a unique content based subscription and distributed storage made possible by blockchain to create this entertainment ecosystem. Tron want to be a decentralized, peer to peer version of Apple and Google Stores.
Some features of this platform include: Social networking whereby users can freely exchange ideas and media, decentralization meaning that users have full control over their digital content and it has the added convenience of being a payment network. Users in this platform can freely publish data, store and even own them without any explanation as to why.
The end result is the creation of a decentralized ecosystem. Peiwo app became the first application to become compatible with Tron. The over ten million users it has will be a great asset for Tron. As at the start of 2017 it had cracked the top ten cryptocurrencies by market capitalization.
Founder: Justin Sun, Jihan Wu and Wei Dai
Release date: September 13, 2017
