Official Initiation of TRON’s $20K Incentive Plan

TRON’s Independence Day and the official launch of the mainnet is upon us! In addition, TRON has officially initiated the $20k Incentive Plan to promote the rapid development of TRON’s community, the engagement of Tronics, as well as the collaborative effort in building a thriving ecosystem.

This plan offers a $20,000 reward to projects similar to TRON’s current outstanding wallets and blockchain browsers. Its purpose is to reward the contributions made by participants to TRON’s global ecosystem and for providing funds for subsequent R&D.

Once a project passes the evaluation by TRON’s product technology committee, it will be granted the reward immediately and unconditionally. TRON hopes this project will enhance the ecosystem of the mainnet, provide better user experience for Tronics, and eventually create a powerful ecosystem for TRON’s developers.

Different from the TRON Accelerator Loan, which is in the form of an 18-month interest-free convertible bond, the Incentive Plan will be in the form of a direct reward. This will eliminate the tedious borrowing process of TRON Accelerator Loan and the subsequent cost for maintaining/improving the product. As a result, more outstanding products can be produced at a faster pace and the original concept of “accelerating innovation and development” will be better realized. With the official initiation of TRON’s $20k Incentive Plan, TRON Accelerator Loan will be discontinued after serving its purpose.

TRON has been leading the community with an open mind. We have committed ourselves to building a strong decentralized network and hope that more developers can join our thriving ecosystem.

Thank you for your continued support for TRON!

TRON Foundation

June 19th, 2018