What is TronCoin? TRX Coin Explained

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What is TronCoin? TRX Coin Explained
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What is TronCoin?

• To fully understand what the Tron coin is, we
  need to start from the basics. Tron is a
  blockchain-based, peer-to-peer (P2P)
  decentralised entertainment and content sharing
  network.
• It's the money that compensates you for your
  content, and it's known by its ticker symbol, TRX
• By using the Tron cryptocurrency ecosystem, you
  can not only share content with other people, but
  also get compensated as a content creator for the
  content and data you create.
• When you use the Tron cryptocurrency, you are in
  control of your data and will be compensated for
  its content.

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Tron Foundation

• The Tron Foundation is a non-profit entity based
  in Singapore, the strong industrial arm of
  Southeast Asia.
• The foundation is primarily dedicated to
  operating the Tron crypto network on the
  principles of openness, fairness, and
  transparency in supporting the Tron development
  team.
• They have the approval of the Accounting and
  Corporate Regulatory Authority and are under the
  supervision of the Singapore Companies Act.
• I still wonder, what is Tron coin? Learning more
  about the founder, Justin Sun, will help you
  better understand the coin.

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Justin Sun

• The leader of the Tron Foundation is young Justin
  Sun, who has an incredibly impressive track
  record for someone of any age, let alone a
  27-year-old.
• Justin Sun has led Peiwo to become the first live
  streaming app to receive crypto. Peiwo is a
  well-known player in the internet audio content
  community.
• Forbes listed Sun as 30 under 30 in Asia. So when
  someone asks you what is Tron coin or why choose
  Tron coin, always keep its successful founder in
  mind.
• Jack Ma chose Justin Sun to study at the
  prestigious Jack Ma Hupan University, which has a
  lower acceptance rate than Princeton.
• Justin Sun is also a University of Pennsylvania
  graduate. While the relationship between Ali Baba
  and Tron is still unclear, some of Ali Baba's top
  developers are leaving Alibaba for Tron, making
  the issues even cloudier.

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How can TRON be used?

• The biggest benefit of using the Tron crypto is
  that it is empowering artists and content
  creators around the world to own the content they
  create.
• During the dotcom bubble, the Internet had taken
  a turn away from its decentralized origin.
• Cambridge Analytica is the case and the point of
  this system.
• From a developer point of view, Tron is also
  special because it is currently being built in a
  way that allows the use of any high-level
  language for smart contracts.
• One of the most important products developed on
  Tron so far is Crypto Cubs. Right after crypto
  kittens were first released, Tron tried to toy
  with the upcoming Chinese Year of the Dog. Tron
  dogs still sell for the equivalent of 18.

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Conclusion

• With a young and energetic leader in Justin Sun,
  this coin is going places. The founder is one of
  the most connected people in crypto.
• Think of Justin Sun's network when he answers the
  question "what is Tron coin?".
• "Show me who you surround yourself with and I'll
  show you who you are"? This quote also applies to
  business mentoring. The first-degree network of
  Justin Sun, as well as his vision for the future
  of Tron, are valuable assets.
• Tron coins, you should be aware that this should
  be done only on trustworthy cryptocurrency
  exchanges.