Tron (TRX): Tron Foundation Made Another Acquisition, BlockChain.Org, Announced Justin Sun
Yesterday, the Tron Foundation reported a new significant acquisition for the future of the Tron (TRX) ecosystem. Accordingly, Tron bought BlockChain.org domain which, as Justin Sun informed, would be a search engine and information platform within the blockchain.
“[BlockChain.Org] will be a platform that offers big data analysis, project evaluation, information search and other services for users in the blockchain field,” stated Justin Sun, Tron (TRX) founder.
BlockChain.Org is currently under development and will soon be launched officially, even though an exact date has not yet been disclosed. However, it is expected to be a platform dedicated to the users in the blockchain industry that would eventually help blockchain technology grow.
The platform would also benefit the Tron (TRX) ecosystem and the Tron Foundation which would better comprehend what the Tron community prefers and what the other blockchains' users want in the current and the upcoming cryptocurrencies market.
Tron Foundation acquisition of BlockChain.Org domain comes in a right moment for Tron (TRX)
With BlockChain.Org, Tron Foundation will focus on “big data,” gathering information about the overall blockchain ecosystem for the users involved in this technology. Tron would monitor and trace the events on social media and search engines to collect data and will process it to make the analyzed information available for the users.
The acquisition of BlockChain.Org domain and the concept of the platform comes at a very auspicious time for Tron (TRX) and Tron Foundation which recently purchased the decentralized BitTorrent platform and is running its own MainNet smoothly.
Additionally, Tron recently rolled out the Tron Virtual Machine, planning on taking the Tron (TRX) on the next level, and to accomplish its mission to decentralize the web.
At the moment of this writing, Tron (TRX) is trading at $0.022, dropping by about 10% in the last 24 hours, following the downtrend the cryptocurrencies market is experiencing currently. TRX is now on the 10th position in the market, totaling a market cap fo about $1,48 billion.
Founder of TRON (TRX)
Who brought home the bacon in 2018? We've picked out 11 of the best ICOs from 2018 in terms of their return....
| November 1, 2018
Monero (XMR), as well as other significant cryptocurrencies in the market, experienced a very tough period c...
| September 12, 2018
When you need to make a crypto to crypto exchange, you usually browse the Internet and see a huge number of ...
| May 9, 2018
We are standing on the cusp of a new period in global finance. The potential for blockchain and shared hyper...
| April 25, 2018
With cryptocurrency adoption ramping up in enterprise and merchant applications, much of the focus has been ...
| April 22, 2018