What is Tronix?
Also with Tronix is an altcoin (alternative cryptocurrency). It is based on the ERC-20 token from Ethereum. The Tron Foundation is based in Singapore and was founded by Justin Sun: He is already known for several business successes in Asia and has been mentioned in Forbes' 30 under 30 list before. But what is Tronix and should you invest? All information about the altcoin from Singapore can be found here.
Explanation Tron/Tronix: Tron is a protocol for the decentralization of entertainment content on the Internet, Tronix (TRX) is its official currency.
What does Tron promise?
We live in a world in which the internet is controlled by a few large companies. As a content creator (filmmaker, copywriter or photographer), you are dependent on one of the big platforms (YouTube, Facebook, Twitter,...) and are at the mercy of their decisions. For example, if YouTube decides that your video does not comply with its guidelines, it will simply be deleted.
Tron wants to return the rights of disposal of the content to the creators: With a decentralized protocol that should allow all users to freely publish or store content. Decentralization and the blockchain also mean that it cannot disappear from the internet so quickly, as (as with Bitcoin) many computers around the world store the content - and not a central server.
For more info on the Tron project, check out the video below.
Should I invest in Tron?
1 TRX is currently (as at the beginning of January 2018) worth around 10-15 cents. Considering the technology behind Tron, a price increase is very likely - especially if more technology companies get on board. There are also more and more trading platforms that are becoming aware of TRX and are enabling trading in TRX.
We believe that an investment in TRX is worthwhile as long as the coins are still so cheap. You can find more information about Tronix in the official Subreddit or in the Twitter feed of the founder of Tron: Justin Sun.
Where can I trade with TRX?
As TRX is still a comparatively young currency, there are only a few trading platforms that support Tronix.
