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
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
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.
The founder is already a successful and charismatic entrepreneur with a goliath businessman (Jack Ma of Alibaba) helping him learn the ropes.
Justin Sun will bring his 10 million Peiwo app users into TRON.
Alibaba devs are already self-poaching and moving to TRON. (Follow the talent)
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.”
The only big question I have about TRON is the blockchain tech and consensus mechanism. How will they scale TRON?
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
Send your TRX tokens to:
MyEtherWallet. 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:
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:
Further study of Peiwo App and TRON integration:
If you enjoyed this, what other crypto would you like me to create a Dummies version of?
Thanks for reading,
Stellabelle
Hello @stellabelle! Excellent write up! What is your professional background please? Is it in the financial or investment sector? Do you have any predictions on how the proposed partnership will impact TRON? Follow me@ senseicat
I bought a ton of Tron a month ago. I’m glad I did. Your article definitely helps me to understand what TRON is about. Now I’m going to have to try TRON out just for fun.
I heard you can buy Trx puppies already. I heard English site coming at end of week
Tron have no working product (just great teams and promises). There is only an idea behind this coin and the implementation is still a long way off. Although the intentions and technologies are described in great detail in the respective whitebooks, in my opinion this does not justify a billion-dollar market capitalization for a long time.
Whenever I saw TRON's token, I just keep thinking of that Disney movie LOL
tron to the mooon ;) ;)
It is not more since TRON is one of the top cryptocurrencies and I was always curious about the project so thanks for the information
Another steemian rok-sivante just mentioned TRON less than an hour ago as one of the coins he missed out on during ICO but still got in on after the ICO. It looks like a pretty interesting coin. I would like you to do a dummy version of Cardano (ADA). Could it be all hype? Hard to tell.
I saw Dan Larimer's opinoin on Cardana, and he said the tech is a piece of crap, or something like that. I am thinking it might not be a good coin.....I have not looked into it yet though.
He may be right, and I am always careful of overhyped coins.
In all fairness, many crypto newbies act on impulse and fomo, and ignore disclaimers. Respectfully, if you've known for a while, wouldn't it be better to post this before Tron goes up 120% in a 24 hours per coinmarketcap (or not exactly during/after)?
It's generally not wise to buy something right after such a vertical move, and a post like this could inadvertently be an advertisement for dummies to jump right in and go weeeee.
I feel that while educational and helpful, guiding people how to buy it now feels like it has the potential to be a short-term bagholder generator.
I spent 8 hours researching it 3 days ago when it was 5 cents, and as an entrepreneur myself, I am busy. I usually have to research for days in order to get the article out in the right way. I am giving information here, because many people have asked for it. There's no reason to hide information. If TRON succeeds, it will be way above where it is right now, and that's because no one even knew what it is about...
Completely understood. Info is wonderful and I have no doubt that you put in the effort to generate a nice article. My point is more of the ilk that the potential reader is a "dummy "> reads your informative post > and is then guided at the end with encouragement/direction how to buy, presumably being ready after reading it. Much more research like you did could be called for, but not everyone does their due diligence during a fomo phase to jump on the train. Just looking out for people for the potential risks as much as you're looking to help them not miss an opportunity.
This is just how it came across to me when there wasn't any fair language to be careful buying into a 4x+ price pump and to be prepared for a pullback. As we both said, short-term is the relative risk in discussion. Long-term it'll likely work its way out if one buys now or after any potential correction, etc.. Thanks for the quick response.
Ugh binance isn’t allowing any new accounts right now! :(
Thanks for the tips, I’ve been hearing about it for a week and very curious to learn more. Kudos for the future/sexy crypto treatment.
what??????? Are you serious? That's insane!
yeah they put up the temporary block this morning. It's not good times. Need to grab accounts on all the exchanges for "just in case I need it" before they shut down new accounts.
Maybe we should start some sort of coin exchange on Steem where people go out and buy these coins that are only available on one exchange where people can't get accounts. End user sends BTC/ETH to an account on the exchange, we buy the token and transfer it to the MyEtherWallet of their choosing.
It's going to come to that soon with some of the small caps I have a feeling.
i don't know where else one can buy TRX....i think Binance was it.....maybe some other Asian exchanges?
You can get it on Liqui and HitBTC, but Hitbit is currently an outlier, so their wallet may be "down"....funny stuff going on over at hitbit...lots of wallets are "down".
is it true there is a Steem debit card in Liqui?
Hmmm...I dunno. I should look into it!
here are all the markets
https://coinmarketcap.com/currencies/tron/#markets
I was thinking to ask my cousin to do that!
Same thing bittrex... :-(
Yup.. you are very much right.. no new binance registerations for now.. i was lucky that i just registered 2 days ago to get myself some EOS..
Nice, but can you do another post on peiwo? is it a pirated music/video site in China? The legality of peiwo might matter a bit in the end here.
it's not a pirated app or anything like that.
read this: https://medium.com/@Tronfoundation/the-expected-schedule-compatible-with-trx-announced-by-peiwo-app-526a8f07d0c5
Thank you for explanation
OMG THAT PICTURE!!! I haven't even read the article yet... but I am DYING!!! Stella that's hilarious!!
there is absolutely no reason to make photocollages boring!
people have been asking me on Twitter for Tron For Dummies, so i finally got it done today....8 hours of research later.....
I'm glad to hear your research kept you in on it! I haven't had time to do that sort of analysis, but what I did have time for suggested that taking $100 in SBD value to sock in to Tron was not a bad idea.
My problem is that I want to be in on so many things right now and don't have the liquidity to do it! I'm looking at my poor 10.86 ZCL sitting there waiting to pump and dying to bulk that up before the snapshot. But it is hard to buy parts of a $100 coin when the same money can buy 500 penny coins. ungh! Decisions are hard yo!
Research is my first love! Without the ability to go off into long reading, for days, I would hate my life. Steemit gave me that....my love of research and the freedom to learn.
Great post I've been wanting to learn more about this one. Just tweeted, resteemed and it will be added to tonights Daily Dood!
Ok, thanks! There's so much to keep up with! I heard TRX 3 times a few days ago, so I set aside an entire day of 8 hours of studying.......this is only a very short list of features. The blockchain tech is what I still don't know about with TRON.
great info, i will do my own research and get in on trx, looks promising
We aren't dummies speak English or at least human.
Stellabelle, hi, do you have any good recommendations for discord channels where there's more than just trading? Desperately want to find good live conversations that aren't filled with pump bs. thanks, alx. Came to my feed to look for that, but reading about tron after i post my question, since i actually didn't know what it was.
Or anyone else who has knowledge of steemit/crypto/city-zen sourcing/AVR Discords. ALX#3690 I also have a TINY channel that's got a couple very bright/poetic forward looking Idea People. https://discord.gg/RU6HMq Sorry for utilizing steemit to network like that, but getting to know people over the time it takes to get a following of not bots, when not a long form writer, is difficult. Alx
I don't know
Sorry to bother. Comment sections can be good but I get super annoyed by contentless comments and the space they take. I’m in the Steemit world 24/7 and I simply need to expand channels.
I love my TRON bought it for 50 satos each and it looks like they will make me a very happy man this year :)))
Already grabbed my bag. I dont know if it deserves to be where it is on the coinmarketcap right now, but Im sure by the end of this year it will deserve to be there if they do the things they have on the roadmap!
i love it when we all refer to it as our 'bags'. it still cracks me up!!!!! I grabbed a bag too, one day before Binance crashed from the TRON flock!
So many people talking up Tron, how can it not be in your portfolio? I bought about 300 more last night to add to my portfolio (bringing me to around 800) and they have already doubled in value overnight. Still looks like a cheap buy in at $0.22. Will keep buying as I am able to for as long as the price stays down in this range.
Great things, Awesome Name, Love the movies (plural, the second one was good too, if misguided), excited about the token!
TRON captures the imagination like no other. The young founder with his business chops is ready to TRONify the world. We're in!
I feel that even if the tech isn't good, this team will be able to buy off the best talent, or just copy Dan Larimer. That's the way bubble gum goes...
Tnx for sharing. Founder is amazing. This token definitely going into my watchlist.
Oooh am off to learning more about Tron and even buy some hehehe.
This year is for diversifying crypto investments.
Those 10 m users will this coins massive growth,thanks for the update .
TRON sounds like the coin to make dreams come through. I'm buying and keeping and I intend to see the end of it, if it ever comes. Thanks for sharing.
Thanks for the great read Stellabelle. I guess I should stop selling some of my Tron every time it goes up 20%. Looks like a good long-term coin.
TRON the next Currency this will be a great coin to invest in ;)
Up 100%, I could handle that kind of one day action, Yikes !!
I like your way of writing.
Impressive thoughts and much appreciated efforts.
stay blessed
thank you for taking the time to explain it for us! I don't synchronize with the idea behind it. So it might be a good coin, but i am not sure about its values. And I am not so much in agreement with the Chinese industry so I have some fixed ideas :))
And to answer your question: CARDANO. Would u make an article for dummies about it? :)
Love it! Will share this with my women's group, I know some of them were interested in tron and have started to invest small amounts.
When I tried to download a wallet and subscribe to their newsletter, I only got Chinese versions :) Maybe that has changed in the meantime?
How about doing Verge or Bitbay next, since you're looking for suggestions. Unless you already did them. Wouldn't be surprised if had done Verge already. Will check your blog again :)
By end of next week, site should be in English.
As you know, I speak Japanese, so when stuff is in Asian languages, it doesn't phase me. I used Reddit to translaste how to get an account on TRON. I heard they will airdrop coins to the first milion accouts, but not sure of that really, I got an account anyway.
I'm thinking of Bitbay next. Thanks for tip.
I really like bitbay - I've had it for almost a year. I think it's solid, they regularly update their subscribers, the price grows steadily and if only moves "out of order" when the rest of the market is doing the same. its like they are quietly and diligently working behind the scenes and hopefully reveal something epic one day.
The best thing about crypto is that i have a very short attention span plus an inexhaustible amount of curiousity about new things....this makes me the ideal blogger....in crypto! What used to be a problem, is now a positive.....this is actually why i love crypto so much. It moves like lightning!
Ha, yess! That also makes you one of the (supposedly) minorities who used to be excluded (from "success") in the old paradigm and can now flourish with their individualism and creativity - by the power of blockchain!!
We will seen very soon though how large these minority groups truly are, though, when they all come out and dare to be seen.
https://steemit.com/bitcoin/@brandnew/stopping-bitcoin-is-like-stopping-the-future-click-on-the-link-below-to-get-your-usd10-worth-of-bitcoin
A friend I got into crypto a little while ago has been talking about Tron to me for awhile now and finally decided to check it. Was looking for something to add to my portfolio and after reading a bit about it I think I might’ve found the right thing. Might wait for yhe euphoria to calm a bit and buy on a healthy dip.
Tron 🚀💪
I bought 7k tron when it was about 7 cents, so here is to hoping!
Good call man :)
Upvoted. I put this out today: https://steemit.com/money/@jerome-colley/what-can-a-nickel-buy-in-cryptocurrency-top-34-altcoins-available
Sign me up for the "lazy silly adults" part. I sure know how to work, but damn if I don't know how to play :D
TRON tokens might also be the new thing around now. This post has given me an insight too into what it is about. You are always helpful, really.
In my appreciation post, i wrote something about you. If you have the time, you can read through.
https://steemit.com/untalented/@olawalium/thank-you-for-being
Protege of Jack Ma? I'm in!
I saw binance gave people some free TRON. I haven't touched it luckily :)
100% in the last 24h. It's simply insane!
Tron was one of the few coins that survived when I culled down the too many coins in my personal portfolio. I thought the name was coincidental with one of my favorite franchises, but was glad to see the naming was intentional.
Yes, uber, futuristic, even just their website.
This sounds great, I will make my own research about it.
Is their any association between it and steemit?
Nice post
Please click the link to read about my appreciation post to you.
https://steemit.com/stellabelle/@emmakwisequote/happy-one-week-celebration-emmakwisequote
I was really feeling lazy for researching TRON... XD That was helpful, thanks!
The first picture is so funny hahahah))
Very productive and well written!
So you say to take a look at Tron?
Hmm, after reading I think it's worth a try.
Thank you for sharing lady Stella.
Hello @stellabelle, I'm also crypto newbie here. Many thing to see and briliant idea to see and learn with crypto. onething I know we should learn anything!
I bought when I was barely 200 Satoshis but only 1500 coins, but something is something not? ;)