TRON Foundation
May 17, 2018 · 7 min read

Since the creation of TRON Foundation, YouTube has become a popular platform for overseas TRON investors to discuss with each other. Compared with other social media, YouTube owns more professional discussion on TRON and has produced a large number of relevant video programs. In aspects of technology, operation, cooperation, hotspot, etc.

Investors analyze TRON in depth and spontaneously set propaganda for TRON, thus forming great cohesion among fans on YouTube. As of now, there are 3.82 million videos related to TRON, with an annual average of over 1,500 and an hourly average of over 100 new videos, among which over 80,000 long videos more than 20 minutes long. The average viewing amounts of new videos in three days reach about 100,000 times and that of new videos more than 1 month reach over 6 million. Investors spontaneously created 500 TRON subscription channels on YouTube, with the number of fans subscribing to the active channel ranging from 100,000 to 500,000. We look forward to seeing more TRON investors pay attention to TRON’s information on YouTube and travel with TRON in this blockchain wave.

Among them, YouTuber DustyBC recently posted a TRON video series on his channel, tracking and analyzing the latest operations and technical progress of TRON with the frequency of three videos per day, attracting 13,480 YouTube subscribers. The latest video of DustyBC is being pushed for everyone today. We believe that our overseas investors can provide useful insights.

The video content is as follows:

This one we’re going to be talking about TRON TRX again. And there’re two small things that I’m gonna cover. The first thing is that TRON would be a top six coin again by Justin Sun in the field of cryptocurrency.

The countdown to the TRON TRX mainnet launch is still ticking and lessening at the rate of one second as is the standard that is agreed internationally. The countdown currently reached twenty days 14 hours thirty minutes on the TRON website. This is less than three weeks away, just the end of May. In the gentleman manner of Justin Sun’s continual communication with TRX holders, he wrote a letter to the TRON Community. “It’s an ecosystem and in it”, he explains to the holders “the path is set for a top six of TRX in the near future, such a feat would be accomplished in a manner similar to what happened on January 5. But this time TRX will permanently hold its position at the top”. Justin said the following in the letter: “Expectations for the future are even higher. Our next goal is to become one of the top six currencies in the world of cryptocurrencies in the world. We have actually achieved top six briefly on January 5, 2018. For the next step, we will reclaim and secure this title, which will mark TRON’s global status as a mainstream public blockchain and a solid foundation for competition with Ethereum.”

For example, if I just opened a finance account, and I was trading TRX for a little bit, because TRX has actually had a good time to buy in my belief and it will be a competitor for Ethereum. Justin emphasizes the youth and brilliance exhibited by the TRON team and this will be a major reason for the project to succeed and accomplish a top six position. “Now that we are in top 10, each move up will signify a significant change in the cryptocurrencies structure. TRON is the youngest of the 10, but we have the most professional team that brings experience from mainstream Internet companies like Alibaba.” It really proves that compared to most stagnant crypto companies, TRON is an agile company and embraces change.

Justin is also quick to mention on the status of the mainnet which will be launched on May 31. He reiterates that the platform is undergoing rigorous tests and should be ready and on time. So as we know, at first the date was a month further away, but he actually shortened it to the May 31, even though he first July 1. So it’s actually again quite heavy, but I guess they can fix it and it’s really that they can.

The TRON DApp ecosystem currently has over 20 startup teams developing on TRON. With such promising project, it is only a matter of time until TRON really decentralizes the web and TRX gathers some more momentum in the market.

Really interesting article here. That’s really kind of cool that he says that.

So the next thing here is the charity, which is also a cool thing that I had not seen before or have no other crypto really put out like this. TRX has been accepted as a method of public charity fundraising by a well-known American charity Tipping Point. I just find it really interesting that of all currencies that you could choose, you would also choose TRON. That’s something really cool.

According to Bloomberg News recently, a charity raising event organized by Tipping Point Community (NPO) was successfully held in Silicon Valley, which aims to eradicate poverty in the Gulf region. Its fundraising method includes BTC, ETH and TRX. NPO is a well-known charity with 13 years of charity background in the San Francisco Bay Area. NPO is dedicated to the poverty elevation of Bay Area and of the world. NPO supports non-profit activities utilizing resources from all circles. It has cooperated with several state governments of the USA, world-renowned elite schools such as Harvard, American famous celebrities, well-known technology companies such as Google and major sectors of the United States to contribute to the anti-poverty plan of San Francisco Bay Area and the world.

The article is not really astonishing. I mean this is the basic saying what they do and their experience. But I just find it really interesting the Tipping Point here as they are already famous to certain extent and they use TRX. I’m kind of happy to see this kind of stuff happening because it really shows us that there’s some interest from real companies to integrate TRX. They could have used any currency at all, like literally anyone and they chose TRX, even though it’s tenth spot. Because you would think like since it’s tenth spot, he would choose the first three or just the top five. But now they chose one, two and ten, kind of weird, but I just find that it shows us some faith and I really like that.

So you can see that Justin always post his stuff about the mainnet. If you think about DApps, they already have like 200 million users now I believe. “So we graduated first from the ETH platform with 1.08 million users more than OMG and EOS combined. ETH was just a prelude. Now for the main act.”

Here we have a token tracker summary, 100 billion TRX is worth eight billion dollars, price 8.18 cents and this is how many people hold TRON.

Justin is really confident of himself, he really shows us that he has faith for this.

Let’s see what zebpay posted on Twitter, “EOS and TRX are ERC20 tokens, that run on Ethereum, but will soon migrate to their own blockchains. Zebpay is happy to announce full support for the both of these migrations.”So we now know zebpay, Binance, Bitrex, all of the most important things supported.

I don’t know of any wallets that actually will support this migration, but they said exchanges should do it so maybe you’re just going to send it to an exchange because I’m thinking about that if they do wallets, then some people will get confused and they will just put in their private keys somewhere and then lose money, because Justin does not want people to send their private keys at all because it’s so scary and a lot of people lose money with that. If you think about that, it’s really understandable and kind of prompts them to not doing that because it will need more efforts to go over all exchanges.

EOS is doing it on the website, on its countdown website. EOS just makes you put it in right here, which is easier for some stuff because it’s all on one place on central and they can do themselves the conversion. And TRON, they just want exchange to do it because the chance of doing it wrong is really small. So you should not put your private keys anywhere unless you’re really sure it is safe. As regards this, TRON is much better that EOS.

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