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Home Altcoins

Tron (TRX) Acquires First Global Blockchain App Store, Steps Up Decentralization Vision

by Khalid Lawal
March 28, 2019
in Altcoins, Cryptocurrency
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The blockchain space continues to grow competitively but Tron (TRX) is scaling through all hurdles in the space. After the acquisition of the world largest peer to peer file sharing technology, BitTorrent, Tron blockchain foundation has again issue out another joker with the procurement of the First Global Blockchain App Store, CoinPlay.

Announced today in an update, founder Justin Sun stated that the CoinPlayShop will now become part of Tron ecosystem, thus adding to the potency of the blockchain in becoming the world largest decentralized ecosystem.

“Fellow #Tronics: I’m proud to officially announce that #TRON has successfully acquired CoinPlay. From now on, @CoinPlayShop will become part of TRON ecosystem, together with #BitTorrent, making TRON one of the largest decentralized ecosystems in the world,” Sun said.

The CoinPlay is designed as a blockchain store that targets offering the most comprehensive, suitable and updated blockchain apps. This, tallies with the Tron’s vision to hand in better experience for blockchain practitioners in the industry.

Tron (TRX) declared that it will steer the newly acquired platform in its direction by developing it for a truly decentralized Internet.

At the moment, finding popular blockchain apps on conventional stores is somewhat seen as rocket science, however, CoinPlay offers wide range of blockchain Apps and DApps to users. With one click download, users would have variety of blockchain software and games at their end.  CoinPlay platform is fortified with browser navigation, indices of major currencies, practical guides as well as app rating.

CoinPlay also offer a comprehensive use of graphic tutorials for new users, top-notch contents from the crypto industry and referral link to more high-quality projects as well as cryptocurrencies.

In the road map, it has been stated that CoinPlay will in the future provide support for multi-currency real-time quotes, GitHub query and multi-platform transaction volume/transaction price.

CoinPlay has achieved strategic investment from well-known investment institutions and capitals.

Justin Sun, in his statement projected that with the series of developments being issued out incessantly by the foundation, Tron (TRX) is sure of making imposing growth in 2019.

“TRON recently completed its MainNet upgrade v. 3.5. As a blockchain-based entertainment ecosystem, we will continue focusing on content and entertainment. The recent acquisition of CoinPlay aims to better serve the blockchain industry. The year 2019 will be the year of exponential growth for the TRON ecosystem,” Sun said.

Tron (TRX) Stepping Up Decentralization Vision

Since independence, Tron ecosystem has witnessed tremendous growth especially with the acquisition of BitTorrent which made it become the world’s largest decentralized Internet ecosystem. Also the release of the hardfork is yet another great development, while the collaboration of Tron and Tether to issue USDT will be a mover and shaker for the blockchain network.

“We believe that with a faster, more economic and concrete stablecoin payment experience, more ordinary people will start to pay attention and use DAPPs. In addition, we will offer attractive incentives for early adopters, totalling the equivalent of 100 million RMB, to get existing USDT holders to transition to TRC20-based USDT and advance the potential of decentralized finance,” Sun added.

Justin Sun is moving places to secure great positions for its projects and their wave is being felt around the world. With the latest acquisition, Tron is sure of seeing the daylight in no time.

Tags: Tron (TRX)Tron (TRX) News TodayTron (TRX) News update
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