- TRON (TRX) made double-figure gains in percentage this past week
- TronGoo is the #1 gaming dApp in volume among all the active blockchains
- niTRON conference to feature NBA legend Kobe Bryant
TRON (TRX) has emerged as the top gainer among all the major cryptocurrencies in 2019. While things can always change at a whim of a moment in this nascent industry, it’s important to reflect upon factors that might have led to the surge in the price of the TRX altcoin.
The announcement of the $100 Million Gaming Fund
TRON’s gargantuan $100 million blockchain-based gaming fund, announced on December 1, 2018, was initially called a huge gamble by many of the naysayers. However, the reality indicates otherwise.
Dubbed TRON Arcade, the fund aims towards the development of blockchain-powered gaming dApps on the TRON network. The amount of $100 million will be sporadically invested over a period of 3 years.
Results have already started to pop-up, as TronGoo emerged as the number 1 gaming dApp in volume across all the blockchain platforms in existence. In addition to experiencing the dApp on the TRON Network, users can also earn TRX for using it.
niTRON Conference with Kobe Bryant
The Justin Sun led project will up the ante on January 17, 2019, when it inaugurates niTRON, the first ever international crypto conference organized by the TRON community.
In a Tweet posted on November 20, 2018, Sun announced the conference will be attended by the NBA legend Kobe Bryant. While many have called this a marketing gimmick by TRON, the magnitude and star-attraction of Bryant cannot be discounted.
Looking forward to having @kobebryant, CEO & President of Kobe Inc and #NBA legend, at our first international conference #niTROn2019!! Excited to exchange insights on entrepreneurship! Join the event https://t.co/ahMTEsixkg pic.twitter.com/WP7Gjcmx6D
— Justin Sun (@justinsuntron) November 20, 2018
The conference will attract a lot of eyeballs and warrants mainstream media attention for TRON. It could also act as a medium to reach close to 14 million followers of Bryant on various social media platforms. Other than the speech by Bryant, Sun will also put light on some of the upcoming developments in the TRX ecosystem.
BitTorrent’s TRX-based Cryptocurrency on the Cusp
One of the major developments within the TRON community came in the form of BitTorrent’s own cryptocurrency announcement. BlockchainReporter informed its readers on January 4, 2019, about how the popular torrent software is poised to launch its own digital token – BTT – powered by the TRON Network.
The BTT token will empower and incentivize the users of BitTorrent. In exchange for using the torrent platform, users will be rewarded the BTT tokens, which could immensely boost the efficiency and adoption of blockchain technology among cyber pirates.
Although not much has been revealed about the functioning of the BTT token, one could expect more announcements pertaining to the subject soon.