Tronix(TRX) is the main currency used with TRON’s features.
So what is TRON exactly?
As seen on Tron’s Website:
“TRON is a blockchain-based decentralized protocol that aims to construct a worldwide free content entertainment system with the blockchain and distributed storage technology.”
Providing everyone a platform to freely publish, store and own their own data. With Tron, they can choose how they would like to distribute their content, create a subscription model and pushing of their own content. Instead of having a centralized entity, users are in control of how they would like to release their digital content, creating a decentralized platform for content distribution.”
The potential of Tronix(TRX)
As Tronix(TRX) is the token of TRON, it is headed to be the main currency for conversion between all virtual currencies in the TRON platform. This will prove to be huge because TRON has surpassed Bitcoin(BTC) and Ethereum(ETH) to provide users with the smart contract currency spanning across a large pool of user database with over 10 million registered users globally.
The growth of TRON
The global market for digital content and entertainment has been estimated to be over $1 trillion and it doesn’t seem to be slowing down.
With TRON’s huge development team working on improving the blockchain technology, they have been attracting companies to work on their platform for to create their own digital currencies. One such recent company is oBike who has teamed up with TRON to release their oCoins.
Justin Sun Founder/CEO of TRON, a former student of Jack Ma at Hupan University in China, focuses mainly on building a stronger development team and looking for more partnerships. In the long run, TRON’s ecosystem and Tronix(TRX) is set to potentially grow in the long run.
Tronix trading volumes have hit the Top 6 according to CoinMarketCap
TRON, though recently grew from 4 cents to 17 cents over the New Year, is still considered undervalued by most.