Cryptocurrency, TRON (TRX) –With crypto markets showing moderate price stability in the final week of 2018 after market capitalization fell nearly $ 700 billion over the course of the year, coin projects are consolidating and focusing on growth for 2019.
In particular, TRON is able to expand beyond its current limits through the gaming industry.
Since the first move by a strategic partnership With the blockchain gaming portal Game.com, the TRON Foundation and the TRX currency were the most important project to promote interest in gaming through cryptocurrency. The white paper for TRON, while controversial and criticized, described the project as a platform addressing the digital entertainment landscape, with games being one of the most famous and accessible ways for cryptocurrency infiltration.
TRON game potential rose mid-year with the announcement that TRON founder Justin Sun had acquired BitTorrent as part of a wholesale purchase from Rainberry, Inc., giving the budding TRX Main Net access to the 170 million user base created with the File sharing service is connected. While BitTorrent isn’t as directly on the path to gambling as the Game.com partnership, it does have significant consumer base overlap, with the torrenting crowd finding like-minded interest in the cryptocurrency’s decentralized money. The project atlas, which aims to further integrate BitTorrent into the TRON platform while giving torrenters a greater incentive to participate in the network, could also deepen the relationship between the two platforms.
However, the announcement of TRON arcadeas reported by EWN in late November, gives a clear indication of the direction for the TRON Foundation over the next year and beyond, or at least gives a focus on the currency’s development and investor base. According to the press release at the time, the TRON Foundation will pay out $ 100 million over the next three years to drive innovation in blockchain gaming on the TRON platform, while also providing a strong incentive for game developers to incorporate TRX into their creations.
Justin Sun described the announcement as “critical” to the growth of the currency and crypto game, expanding TRON’s role in the broader field of digital entertainment.
“TRON strives to solve existing problems in the gaming industry by leveraging the open, transparent and immutable blockchain technology. TRON Arcade will play a vital role in encouraging developers to join our mission and bring the best blockchain gaming experience to users around the world. “
With the market still being hit by the 2018 deep bears correction, the TRON game of chance offers an opportunity to orientate and expand in the meantime of the recovery. The TRON Foundation and Justin Sun may be trying to tackle the digital entertainment megalith, but playing games may not require reinventing the wheel. TRON just needs to find a way to improve the current landscape through the TRX coin to encourage greater investment interest and development for the coin. Worldwide sales of over 1 billion US dollars are forecast for esports in particular next yearThis shows an industry that is both experiencing explosive growth and is ripe for the use of a technology like crypto.