TRON (TRX): Price, Charts and Market Cap

TRON is a new blockchain-based decentralized platform which was created to transform the way entertainment content is distributed. Within the platform content creators can release, store and own data as well as manage its distribution and promotion without paying high fees to centralized commercial platforms (e.g. Google Play or Apple Store).

TRON’s native cryptocurrency is called Tronix (TRX) and it is based on Ethereum blockchain. The cryptocurrency started trading in mid-September and has literally stormed into the TOP 10 cryptocurrency rating. The rumors are there are a few big partnership projects coming in this year, which may cause the cryptocurrency price rise go up even further. 

Tron is a digital currency that is widely and commonly applied and in high demand among gamers worldwide both in the gaming industry and amateur-level games. Cryptocurrency experts all over the globe are predicting great prospects for Tron project. Tron vertual currency was established by the China originating company TRON Foundation, registered in Singapore. TRON token works as a unit of account in a blockchain application in which content developers will be able to get rewards for its distribution.

Tron project has excellent potential and perspectives, the implementation of which is to be achieved with the usage some services during games. The blockchain's ecosystem token is TRONIX. TRON token can be purchased on most cryptocurrency exchanges, including such majors as Binance, OKEx, Huobi, Bittrex, etc.

TRONIX is a MainNet token based on the TRON Protocol issued by TRON Foundation, known as TRX. TRX is the basic unit of accounts on the TRON blockchain. The value of all other tokens derives from that of TRON. TRX is also a natural medium currency for all TRC-based tokens. TRX connects the entire TRON ecosystem, with abundant application scenarios that power transactions and applications on the chain.

TRX application scenarios

• Credit card Spend supports TRX payment
• TRON ATM machine supports TRX online transfer
• Use TRX to purchase merchandise in WeChat stores
• TRX can be used to purchase tokens to be issued on TRON
• Obtain corresponding amount of energy and bandwidth by freezing TRX
• Obtain TRON Power, voting rights for super representatives by freezing TRX
• Addresses holding TRX will automatically receive BTT airdrop reward
• Participate in the Tronics Support Plan and receive TRX rewards
• On CallMe, the live broadcasting platform, use TRX to buy virtual gifts.