Tron, which is an emerging project, can be a great investment for the investors. Tron has an extraordinary team that is sourced from the biggest tech companies. The company also launched its mainnet on 31st May 2018 and has migrated from the Ethereum network to its own blockchain. The project also has the largest communities consist of 100 million users.
There are few things that make Tron special:
Providing control to content providers and users – Tron allows users to control their data so that they can choose what to publish.
Transparency – Tron allows users and owners to interact without a third party, which mitigates scams and frauds.
Decentralization – Being decentralized, a failure in one node will not affect other nodes.
The project is in its early stage, and online gaming and countries with mature economies are adopting Tron’s robust features. Its growing base points make Tron a worthy investment.
Tron was launched on exchanges in September 2017. At that time, very few believed in the project. However, people started to show interest in the project, and by December 2017, the coin jumped six times higher with a market capitalization of $160 million. Tron has always been surrounded by scandals and controversies. Some believe that the project is over-ambitious, while there are others who believe that Tron has the potential to revolutionize the entertainment sector. The entertainment market today has a turnover of trillion dollars. Experts say that the leading entertainment companies are looking to transfer the business processes to the blockchain. But for the same, they need ready-made solutions which can combine both entertainment and blockchain. Tron can offer the best solution for them.
In addition, Tron is supported by well-known Asian businessmen like Tang Binseng, Dai Wei, and Yin Mingshan, which makes everyone believe that the project has potential for the future.
Tron is a decentralized blockchain that is based on Ethereum codebase adopted mostly for companies and individuals engaged in the entertainment market. The audience can create their own gaming and entertainment projects using the Tron platform along with publishing software, graphics, and content. Tron allows them to transfer their project for rent, for a fee, and to distribute them by issuing and receiving assets.
There are various experts who believe Tron to be a promising project. They believe that Tron will gradually grow to reach $0.018 in July 2020.
According to some experts, the next 2-3 years for Tron are going to be bearish. The price may further drop. Overall, experts have divided opinions about Tron’s price in the coming five years.