TRON

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TRON
[ CoinMarketCap]
[ Website]
Launched: {{{launch-date}}}
Source Code: {{{sourcecode-url}}}
Exchanges: {{{exchanges}}}
Tron's stylized triangle logo

TRON (TRX) is a blockchain-based decentralized protocol that aims to construct a worldwide free content entertainment system with the blockchain and distributed storage technology. The protocol allows each user to freely publish, store and own data, and in the decentralized autonomous form, decides the distribution, subscription and push of contents and enables content creators by releasing, circulating and dealing with digital assets, thus forming a decentralized content entertainment ecosystem.

Basics

  • Date creators (users) will have the fundamental ownership of data, and the internet should be decentralized. This was proposed by doctor Tim Berners-Lee at the time when the internet was born and the original intention for creation of the internet.
  • Those who make a contribution to ecological TRON will be entitled to proportional profits according to rules. A value network has the greatest advantage that may digitally capitalize anything in social and media networks.
  • All forms of contribution should be of equal quantitative value. Substantially, the time invested by participants, excellent contents created and attention are of the measure value as equal as the furnished capitals.
  • The fundamental objective of TRON is to provide services for the public. As an ecology operated by a non-profit foundation, TRON is designed to serve the masses who enjoy content entertainment throughout the world, rather than for the purpose of gaining profits. All TRON participants will benefit from its prosperity.
  • Contents should derive from people rather than capitals which should be used to reward people rather than to control people. Cultural and creative industries should be mainly driven by the pursuit of the quality of art and contents by content creators, artists and scriptwriters rather than the capitalists who consume no contents.

Specifications:

Variable Value
Ticker TRX
Announcement date November, 2017
Initial supply 100,000,000,000
Initial distribution ICO
Founder Justin Sun
Backed by Jack Ma of @alibabagroup
Main Exchange Binance
Twitter Twitter
Facebook Facebook
Website Website
Slack Tron Foundation
Github Github
Telegram Telegram
Reddit Reddit
Whitepaper Whitepaper
Registration Registration

COMPARISON

BTC ETH TRX.png

Phases

Data Liberation

A mechanism of upload, storage, and distribution which is based on peer-to-peer and distributed contents. In the Exodus phase, on the basis of the distributed storage technology, TRON will provide users with a completely free and reliable platform for data publication, storage and dissemination.

Content Empowerment

Economic incentives, empowerment, content ecology and block chain technology will create a fully competitive economic mechanism with fair returns for content creation, distribution and dissemination. Therefore, individuals can be encouraged and contents can be empowered, thus constantly expanding the boundary of the system.

Personal ICO

Based on the advantage of block chain, TRON solves three major issues: income measurement, dividend payment and management of supporters, and achieves significant transformation from the "fan economy" to the "fan finance".

Free Movement of Value—De-centralized Token Trading Exclusively for Individuals

To reach the goal that each content producer in the TRON system can issue their own tokens, the system must have a complete solution for de-centralized tradings. Through the establishment of the de-centralized trading platform, the value, property rights and risks of the system can be freely traded and exchanged, thus increasing the economic vitality of the whole system in geometric multiples.

Traffic Monetizing—Gaming of De-centralization and Market Forecast

The size of the global gaming market in 2014 exceeded $450 billion. Traffic brought by the TRON content platform makes it possible to build an online gaming platform for de-centralization. Developers can freely build online gaming platforms through TRON, providing fully autonomous gamings and predicting market functions.

Traffic Conversion—De-centralized Game

In 2016, the global video game market amounted to $ 9.66 billion, of which the scale of the phone game market was $ 4.61 billion, accounting for 42%. TRON provides the possibility for establishing an on-line game platform. Developers can freely set up game platforms through TRON, achieve crowd-funding for game development, and make it possible for common investors to invest in games.

TRONIX—Official Token of TRON

TRON’s official currency is TRONIX. TRONIX is the basic unit of accounts in TRON’s blockchain. The value of all other tokens are derived from the value of TRON.


Official team

Name Role Contact
Founder Justin Sun @justinsuntron
Lucien Chen CTO @soon
Keelson Yang Technical Director @soon
Xie Xiaodong Developer @soon
Lin Maorong Developer @soon
Wang Junju Developer @soon

About Justin Sun

CEO of Tron (TRX), Justin Sun:

  • Graduated from University of Pennsylvania
  • Founder of Peiwo APP
  • 2015 Forbes China, 30 under 30
  • Former Chief Representative in Greater China of Ripple
  • 2017 Forbes Asia, 30 under 30
  • Protégé of Jack Ma, the Founder of Alibaba Group
  • Global Shaper, World Economic Forum

Investors

  • Jihan Wu - CEO of BITMAIN
  • Shuoji Zhou - Initial partner of FBG Capital
  • Hitters Xu - Founder of Nebulas & ico365
  • Binshen Tang - Founder of Clash of Kings with over 10 million MAU worldwide
  • Chaoyong Wang - Founder of ChinaEquity Group with over 2 billion USD market value
  • Wei Dai - Founder of ofo, the biggest shared bicycles provider in China with estimate value over 3 billion USD
  • Weixing Chen - Founder of Kuaidi, famous angel investor
  • Charles Xue - Famous angel investor
  • Mingshan Yin - Founder of Lifan Group with over 2 billion USD market value
  • Linke Yang - Founder of BTC China
  • Jiang Liu - Founder of Trends Group which is the largest publisher of fashion magazines in China
  • Lifen Wang - Famous media personality in China who made Jack Ma famous in early 2000s
  • Uncle - The biggest Key Opinion Leader in China with over 10 million fans

Partners

  • Pei Wo APP
  • F2Pool
  • FBG Capital
  • BITMAIN
  • ico365
  • GRAVITYLESS
  • OpenLedger

What is TRON for?

Exchanges

Sources of information

Current features

Current use cases

Future features

  • Date creators (users) will have the fundamental ownership of data, and the internet should be decentralized. This was proposed by doctor Tim Berners-Lee at the time when the internet was born and the original intention for creation of the internet.
  • Those who make a contribution to ecological TRON will be entitled to proportional profits according to rules. A value network has the greatest advantage that may digitally capitalize anything in social and media networks.
  • All forms of contribution should be of equal quantitative value. Substantially, the time invested by participants, excellent contents created and attention are of the measure value as equal as the furnished capitals.
  • The fundamental objective of TRON is to provide services for the public. As an ecology operated by a non-profit foundation, TRON is designed to serve the masses who enjoy content entertainment throughout the world, rather than for the purpose of gaining profits. All TRON participants will benefit from its prosperity.
  • Contents should derive from people rather than capitals which should be used to reward people rather than to control people. Cultural and creative industries should be mainly driven by the pursuit of the quality of art and contents by content creators, artists and scriptwriters rather than the capitalists who consume no contents.

Future use cases

  • A user Alice who registers for a game application in TRON protocol consumes some virtual currencies worth 1,000 USD and is thus rewarded with 10 TRX. Another user Bob quit an internal battle of the game should accept credit punishment and lose TRX correspondingly. Another user Candice successfully receives another level and reward in a new game application as he/she injects TRX obtained from gaming.
  • Entertainment File Sharing Based on rules provided by TRON network, developers can offer ease-to-use multi- platform file synchronization applications. The greatest strength of such applications lies in high speed transmission. In other words, the smart P2P technology is adopted to segment files so as to further accelerate the synchronization; at the same time, AES encryption is also conducted for such files to ensure both privacy and security. By virtue of public key generation and key reading techniques, files are transmitted and read; in this way, TRX can be awarded correspondingly after other users receive and download them. Additionally, key reading itself can be linked to virtual currencies. In the case that the other party pays the corresponding TRX or other virtual currencies, contents of the encrypted file are obtained; that is, TRON makes it possible to implement paid data transmission.
  • TWO is a new social networking application based on TRON protocol. By sliding left or right, users of the opposite sex are screened. If both parities like each other simultaneously, they will be matched for real-time video chatting. As for users, they
  • TRON.NETWORK can register for TWO at the mobile terminal to directly acquire TRX rewards and access TRX network to earn TRX by conducting social behaviors; but, they can be also punished by means of deducting their TRX due to destructive social behaviors.

Media Coverage