Buy Tron (TRX); it’s easy!

Considering buying Tron (TRX)? Here's everything you need to know about the crypto of one of the most utilised blockchains.

Why Follow the Value of Tron (TRX)?

You might want to buy Tron (TRX), the cryptocurrency of the second most valuable blockchain in the crypto world. The ecosystem’s coin, TRX, originally an ERC-20 token, has since migrated to Tron’s native blockchain, which also introduced its standard (TRC). TRX orchestrates a sophisticated system of rewards and voting. Depending on the number of TRX you own and stake, you gain decision-making power over the chain’s block validations. However, the reason to follow the value of Tron (TRX) and its trend lies in its content. As digital entertainment rapidly grows, Justin Sun’s platform promises to increase rewards for creators and reduce consumption costs for the general public.

What is Tron (TRX), and How Did It Emerge?

You might buy Tron (TRX) because it is among the first launched blockchains or the network with the most circulated stablecoins. Alternatively, it competes with Netflix, Amazon Prime, and all centralised video streaming services. Much like BitTorrent, TRON proposes a new distribution system where revenues from videos and digital assets are directly distributed to the creators, eliminating intermediaries.

One reason to buy Tron (TRX) could be its founder, the controversial Chinese entrepreneur Justin Sun. Born in 1990, he worked for Ripple from 2013 to 2016 before founding his own decentralised platform in 2017. The birth of Tron (TRX) is realised after a $70 million ICO. The cryptocurrency is linked to the eponymous foundation, which has recently made significant acquisitions. In 2018, TRON acquired the BitTorrent ecosystem; in 2019, it was Steem’s turn. As of December 2021, the network achieved full decentralisation by launching an internal governance system based on DAOs.

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