Showing posts with label tron. Show all posts
Showing posts with label tron. Show all posts

Tron (TRX) Founder Justin Sun "Ready To Spend $5 Billion" To Help Struggling Crypto Projects...

Tron Justin Sun

TRON founder Justin Sun says since the crypto market's recent downturn, he's received around 100 messages from struggling projects seeking the funding they need to continue.  Binance founder CZ has made a similar statement, so it appears there's a number of struggling projects reaching out to anyone they think could help, in a last ditch effort to stay operational.

Justin Sun says he is willing to review the applications, and adds, "We are ready to spend $5 billion on helping the industry builders to continue building."

The $5 billion is a mix from 'personal funds' and the TRON Foundation... 

"I think the de-leverage process has passed the worst time right now," Justin Sun opined, later emphasizing that he's mostly interested in crypto companies with a "large user base."

Furthermore, we've heard that TRON is in talks with an investment bank aimed at saving select companies.

TRON is one of the few coins that managed to hold up fairly well during the recent downturn - it's price today of $0.065 is actually higher than it was a year ago at $0.060, but still lower than the highest point in 2022 of $0.087.

Currently, it's been battling it out with memecoin SHIB (Shiba Inu) for the #13 rank on the top 100 coins list, where TRX is currently winning. 

Not the only person from crypto, helping to save crypto...

Justin now joins Sam Bankman-Fried, founder of popular exchange 'FTX' who is also helping select deserving projects survive this crypto winter.

Unlike the 'official' finance industry, crypto is saving itself - without taking advantage of taxpayers.

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Author: Justin Derbek
New York News Desk
Breaking Crypto News

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Tron (TRX) Price Value Surges As Mushe (XMU) Enters Presale...


Plenty of self-made crypto millionaires have come forward and shared their secrets online. Watch out for this week's crypto news and do not miss out on your opportunity to generate millions with digital finance.

How To Get In On Crypto 


Almost everybody invests in crypto, as it can become a second income when done properly. But the market has been down recently and this does not encourage people to join the cryptosphere. 

Maybe you want to start investing but are scared of the risks that come with being a beginner investor. One thing you must know is that the best time to buy crypto is actually when the market is down, and that is now.

As many worry about investing in the wrong digital asset and losing money, do not make the same mistake and consider investing in these two coins. The crypto market has recently pushed beyond the $2 Trillion wall and many investors have seen their returns. Do not miss your chance and watch out for Tron (TRX) and Mushe (XMU).


Profits For This Week


Tron (TRX)


Launched in 2017, TRON (TRX) is a decentralised blockchain-based operating system created by the Tron Foundation. 

According to the whitepaper, the long-term objective of Tron is to accelerate the internet’s decentralisation. As such, the platform includes a variety of innovative decentralised project offerings.

The platform functions as a tool for developers to create dApps and consequently, it is an alternative to Ethereum. The TRON software supports decentralised applications (dApps) as well as smart contracts.  

Additionally, the platform allows any investors to create dApps on the TRON network, offer content, and be rewarded with digital assets.

The platform's governing coin is the TRX token and is used for the payment of fees on the Tron blockchain. As more projects surge, the more TRX tokens circulate as the price value increases.

According to CoinMarketcap.com, the token acquired 10% in the last 24 hours and is currently the 24th largest coin by mark cap. The TRON price today is $0,074048 with a live market cap of $7.5 Billion.


Mushe (XMU)


The XMU Token serves as the utility token to the Mushe Ecosystem and is a decentralised cryptocurrency that provides peer-to-peer interaction, rewards, and governance utility.

The platform is recent to the market but investors are already praising it for its innovative features. It has a Mushe Wallet which allows users to buy and exchange crypto coins.

It also includes Mushe DeFi for voting, playing in the lottery and plenty of rewards programs and a Mushe Chat, a social platform that bans third parties and other investors from accessing the personal details of users.

With a strong Metaverse presence, the platform contains a Mushe Verse. It is a place for users to socialise, play and earn in the Metaverse ecosystem. 

Similarly, Mushe (XMU) is aware of the recent NFT hype and has included Mushe NFTs. These symbolise ownership of Mushe services and can be purchased with the token.

The token is currently in its presale which makes it the best time for you to invest. Buy Mushe now for cheaper and sell it for higher once the price value increases.



Join Mushe’s Presale:

Website: https://www.mushe.world/

Presale: https://portal.mushe.world/sign-in

Twitter: https://twitter.com/Mushe_World

Telegram: https://t.me/musheworldXMU

Instagram: https://www.instagram.com/mushe_world/


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Information Provided Via Guest Post Submission

Content not created, evaluated, or endorsed by Global Crypto Press Crypto & NFT Press Release Distribution

TRON CEO interviewed - they're outperforming other altcoins in the bear market - but how? What are their plans for BitTorrent?


TRON (TRX) has managed to perform better than most during the bear market. While it's still priced much lower than it's all time high, compare to others in the 'altcoin' category - it's outperformed most.  How are they doing it? Also, what's their plans for BitTorrent, which was recently acquired by TRON?

Video courtesy of Crypto Trader South Africa. 

After a year of non-stop controversy, could Tron now actually end up living up to the hype?!

Few cryptos have been as controversial in 2018 as TRON (TRX). Accused of plagiarism, vaporware, and hyperbolized marketing tactics, the creators of this project have seen the extremes of human emotions in fans and adversaries. 2017 saw unprecedented growth in the token value, and many investors believed TRON was a pump and dump scam.

But so far, everything has gone as planned for Justin Sun and his operation, from the testnet in the Spring, to the first incarnation of the mainnet (called Odyssey 3.0) and the Super Representative election in June. Now we are just starting to see what the technology is capable with the new Tron Virtual Machine, or TVM.

TVM launched on August 30th and came packaged with smart contracts and a developer kit for decentralized applications. According to their press release, TVM is the first step in creating a “World Computer”. Sound familiar? Yeah, they gave the same pitch for Ethereum, and EOS. Dapps on TVM can be coded in Java, a very popular programming language, and apparently anything created for the Ethereum Virtual Machine (EVM) will easily port or migrate to the Tron blockchain seamlessly.

Here is a rundown of some of TVM’s features:

- Fully compatible with Ethereum’s solidity language.

- Virtual memory usage—practically limitless for devs, who won’t need to rely on physical
resources.

- Unique resource consumption for smart contracts—easier on end users and callers of
contracts.

- Ability to create tokens.

- Decentralized exchange.

This Summer the Tron Foundation acquired the file sharing network Bittorent which will connect to the Tron network through a new protocol called Project Atlas. Details have been cryptic, but fans are eager nonetheless.

In addition, the TronWallet was announced, which is said to feature multiple accounts for individual users, a peer-to-peer exchange, smart contract storage, and even a cash-back loyalty program using a unique utility token.

Stay tuned to Global Crypto Press as we’ll be reporting on the first dApps as they become available on TVM and the Tron network.
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Author: Jeffrey Byron
Los Angeles News Desk

Pornhub to Accept Tron and ZenCash? Rumors Abound...

Rumors abound as Variety reports on Pornhub’s potential partnership with Tron (TRX) and ZenCash (ZEN).

Earlier this Spring, the privacy-featured coin Verge sparked controversy over its new connection with the internet’s most popular pornography site, having asked their community for donations up to $65 million to fund a mystery partnership. According to Variety, Tron and ZenCash, also an anonymous crypto, will now be accepted as payment.

“Decentralized payment systems have continued to grow in popularity, and cryptocurrency adoption is exploding across a broad economic spectrum,” Pornhub VP Corey Price said in a statement.  “Today, cryptocurrencies are especially viable in the adult entertainment industry because they are privacy-centric and incorporate more anonymity tools than traditional tender.”

Variety has yet to provide their sources, but this hasn't stopped the buzz on social media.

Tron recently made headlines when founder and CTO Justin Sun bought filesharing app bitTorrent for $118 million. The Hong Kong team launched its mainnet only weeks ago, while the ERC20 tokens are currently transitioning to mainnet Tron cryptocoins.
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Author: Jeffrey Byron
Los Angeles News Desk