January 4, 20182min1002

Will Tron take the throne?

TRON blockchain is designed to overcome the traditional internet by creating a free content entertainment system. It aims to make the payment, storage, development and credit sharing easy for entertainment enthusiasts. And it enables a person in one continent to purchase live entertainment from another continent. It helps overcome the traditional payment obstacles such as having a bank account in a bank outside your country.

 

TRON (TRX), the barely four-month-old coin is attracting big attention from established players including ‘NASDAQ listed companies’, according to a Tweet from the coin’s founder. Last month was big for TRX, taking it from $0.002 to $0.15, which is 75x in a month.

TRON had a troubled ICO, colliding with last September’s China ICO ban. But came back into the limelight following a recommendation from John McAfee on 26th of December.

The project’s founder, Justin Sun the only millennial student of Jack Ma’s Hupan University, advocates a long-term approach. And the platform is designed to allow for direct interaction between creators of digital content and consumers; removing the high costs associated with centralized channels such as Google Play and Apple’s App Store. While some basics are up and running, the entire TRON system is expected to take up to ten years for full implementation, as stated in the white paper.

However this long-term approach seems a little bit contradicted by his recent hyped twitter statements.

Even Charlie Lee responded to his Twitter fans in a smooth operator way about his opinion about Tron.

His ambitions are clearly high though as you can see from this painting in his office.

We will see in about 10 years I guess.


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