TRON For Dummies

collage by stellabelle using pixabay

TRON Token Abbreviation: TRX

TRON Official Website: https://tron.network/en.html

TRON Official Twitter: https://twitter.com/Tronfoundation

TRON Founder Justin Sun’s Twitter: https://twitter.com/justinsuntron

What is TRON?

“Tron is a blockchain-based, open-source protocol for the global digital entertainment industry in which TRX, Tron’s token, is circulated. It enables one-on-one interaction between the suppliers of digital content and the normal users. Thanks to tron, content providers no longer need to pay high channel fees to the platforms such as Google Play store and Apple’s Appstore.” -NDTV https://www.ndtv.com/business/bitcoin-in-making-tron-trx-jumps-over-100-in-one-day-five-things-to-know-1795887)

Who is behind TRON?

Justin Sun, a successful young entrepreneur and protege of Alibaba Founder Jack Ma, who has successfully built an app, called Peiwo, which has 10 million users. From one of Justin’s latest tweets, you’ll start to appreciate that he already has a built-in audience of 10 million for TRON:

All PEIWO 10 million users can use TRX to tip the show soon. PEIWO will be the first live streaming app to receive cryptos.$trx -Justin Sun’s Twitter

A lot of cryptocurrencies suffer because they don’t have built-in audiences, and teaching mainstream people how to use crypto has been very challenging. TRON will not have this difficulty.

Also, one look at TRON’s advisors and one doesn’t have be a rocket scientist to see where this is going. Jihan Wu, Founder of Bitmain is behind TRON. I went through the entire list of team members and advisors and it’s staggering.

Why I Think TRON Has Potential

1. If you combined all the lazy and silly adults in the world with all the children in the world, you’d realize you have a massive population of game-oriented human beings. Games are much more appealing to most humans than are serious endeavors. Escapism is still the most lucrative genre in all of human history and nothing has really changed. Mix escapism with futuristic new games and you get something like the concept of TRON. A futuristic novelty that people can easily grasp is going to make blockchain go viral. Remember, it’s usually not the complex invention that wins the race. It’s the person who can create bubble gum out of the complex invention.

2. The founder is already a successful and charismatic entrepreneur with a goliath businessman (Jack Ma of Alibaba) helping him learn the ropes.

3. Justin Sun will bring his 10 million Peiwo app users into TRON.

4. Alibaba devs are already self-poaching and moving to TRON. (Follow the talent)

5. But the most important reason has nothing to do with tech or the team: TRON has that uber futuristic and sexy feel to it and it reminds us all that we are about to head into the era of the Singularity which Musk has so perfectly laid out for our imaginations. We are all primed and ready for that future in which we wear electric blue helmets and cruise along in an Augmented Reality dreamscape, collecting and dispensing our TRON Tokens to magnetic pink flamingo robots who whisper to us:

“Let’s go into the dream and become electric, there’s nothing to be afraid of anymore.”

Ok, I’m Ready To Buy, How Do I Get My TRON Tokens?

image credit: https://www.gamingwithswag.com/blog/2017/6/1/film-friday-tron

Best place to buy TRON TRX: Binance https://www.binance.com/login.htmlI heard that Binance is not accepting new accounts……

Send your TRX tokens to:MyEtherWallet https://www.myetherwallet.com/ Remember you can use your Trezor to sign into MyEtherWallet. (Not sure if Ledger Nano has this same functionality…I think it does.)

Also, I would suggest registering for a TRON account (but I would hold off on sending your TRX to this wallet, just to be safe). Here are the detailed instructions how to register for an official TRON account on the website. This tutorial was to help English speakers navigate the website which is in Chinese: https://www.reddit.com/r/Tronix/comments/7lqc1x/registering_on_the_tron_platform_tutorial/

Disclaimer: Remember, this is not investment advice. Never invest what you cannot afford to lose. Also, bear in mind: one of the words in the title is ‘dummies’.

I have no clue if TRON is going to disrupt both Google Play and the Apple AppStore, but you can bet I’m not going to sit by the sidelines and wonder if. The TRON train is moving at the speed of blue light, and I’m jumping on, like everyone else.

Further reading from Forbes:

https://www.forbes.com/sites/rogeraitken/2017/08/12/could-this-millennial-crypto-tech-visionary-be-the-next-jack-ma/#6cfb2edb7064

Further study of Peiwo App and TRON integration:

https://medium.com/@Tronfoundation/the-expected-schedule-compatible-with-trx-announced-by-peiwo-app-526a8f07d0c5