Media
\nOutReach<\/a>\u00a0– 5 November 2021 –\u00a0Three years after its MainNet launch in 2018, TRON has built a
\nfull-fledged ecosystem through its sustained efforts. It has expanded into many
\ncompetitive fields including DeFi, NFT, stablecoins, and distributed storage,
\noutdoing Ethereum and EOS in terms of metrics on many fronts. With its rapidly
\nrising clout across the globe, TRON has emerged as a mainstay in the industry.\u00a0<\/p>\n![](\"https:\/\/images.media-outreach.com\/Thumb\/500x0\/194301\/tron-5.jpg#image-194301\")
<\/p>\n
\u00a0<\/p>\n
TRON founder Justin Sun recently tweeted about his plan to establish a
\n$1,111,111,111 (roughly $1.1 billion) fund to power the growth of the TRON
\necosystem. It is reported that the fund will be used to provide developers with
\nmore efficient and affordable developing tools. Meanwhile, it can also allow
\nthe protocols in the network to yield more returns while giving users access to
\ntransactions at the lowest costs.\u00a0<\/p>\n
\u00a0<\/p>\n
In effect, the TRON ecosystem has seen its heyday under Justin Sun’s
\nleadership and has established itself in a number of popular fields, including
\nDeFi, NFT, and stablecoins, etc.\u00a0<\/p>\n
\u00a0<\/p>\n
In the most popular DeFi race, TRON has extended its reach to a dozen of
\nfields, including stablecoins, wallets, lending, exchanges, storage,
\ncross-chain assets, liquidity mining, oracles, shielded transactions,
\nsocial-networking, and games, among which JustLend and JustSwap rolled out by
\nTRON have risen to be two hits.\u00a0<\/p>\n
\u00a0<\/p>\n
NFT, the hottest race of the year, is a space where Justin Sun and TRON
\nwill surely not miss. From earlier this year, Justin has been raking in
\nworld-class art pieces and works from established contemporary artists one
\nafter another. His collections, with a combined worth of over\uffe5300 million, include “Femme nue couch\u00e9e au collier” by Pablo
\nPicasso, “Three Self-Portraits” by Andy Warhol, and “Ocean
\nFront” by crypto artist Beeple. To facilitate innovation in NFT, Justin
\nlater donated most of his collections to APENFT Foundation, an organization
\nspecialized in registering artworks as NFTs on blockchains, which has since
\ntaken the NFT industry by storm.\u00a0\u00a0<\/p>\n
\u00a0<\/p>\n
Besides launching the first NFT standard TRC-721 in March, TRON
\nhas improved the world’s largest distributed storage system BTFS, providing a
\ncomprehensive and efficient infrastructure for transforming artworks into NFTs
\non blockchain. It is also proactively making inroads into GameFi and
\nNFTFi.\u00a0<\/p>\n
Justin has also been leading TRON to go all-in on stablecoins. At
\npresent, TRON supports the on-chain circulation of major stablecoins such as
\nUSDC, USDT, TUSD, and USDJ, and the daily transfer volume of TRON-based
\nstablecoins has topped $10 billion multiple times already.<\/p>\n
\u00a0<\/p>\n
Lately, TRON and BitTorrent officially launched the cross-chain scaling
\nsolution BitTorrent Chain (BTTC) with its Testnet enabled. As BTTC goes live,
\nTRON will draw more users from other chains to its increasingly prosperous and
\ndiverse ecosystem, unleashing even greater potential.<\/p>\n
\u00a0<\/p>\n
It is not hard
\nto tell that as one of the world’s top three public chains, TRON, boasting over
\n59 million users, has been continuously expanding
\nits ecosystem under Justin Sun’s leadership. In view of TRON’s strong
\ncompetitiveness, it is believed that the incredible potential of TRON will be
\nunleashed in the near future, giving everyone engaged in this blockchain
\nrevolution invaluable rewards.<\/p>\n
\u00a0<\/p>\n<\/p><\/div>\n\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"SINGAPORE
–\u00a0Media
OutReach\u00a0– 5 November 2021 –\u00a0Three years after its MainNet launch in 2018, TRON has built a
full-fledged ecosystem through its sustained efforts. It has expanded into many
competitive fields including DeFi, NFT, stablecoins, and distributed storage,
outdoing Ethereum and EOS in terms of metrics on many fronts. With its rapidly
rising clout across …<\/p>\n","protected":false},"author":1,"featured_media":18611,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/18610"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=18610"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/18610\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/18611"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=18610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=18610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=18610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}