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Tron

TRX

  • Layer1
  • Infra
Established Year
2017
Operating Status
Active
Tron is committed to accelerating the decentralization of the Internet through blockchain technology and decentralized applications (DApps).

Financial Portfolio

Investment

Playbux
Playbux
Seed
$2 M
Few and Far
Few and Far
N/A
$10.5 M
Cassava Network
Cassava Network
Private
$8 M
OpenOcean
OpenOcean
Private
$2 M
Multichain
Multichain
N/A
$60 M
XY Finance
XY Finance
N/A
$12 M
Steem
Steem
M&A
N/A
Lino Network
Lino Network
M&A
N/A
CoinPlay
CoinPlay
M&A
N/A
BitTorrent
BitTorrent
M&A
$140 M

Recent News

Frequently Asked Questions

What Is TRON (TRX)?

TRON (TRX) is a decentralized blockchain-based operating system developed by the Tron Foundation and launched in 2017. Originally TRX tokens were [ERC-20](https://coinmarketcap.com/alexandria/glossary/erc-20)-based tokens deployed on [Ethereum](https://www.coinlive.com/coin/ethereum), but a year later they were moved to their own network. Initially, the project was created with the aim of providing full ownership rights to makers of digital content. The main goal is to help content creators (who receive only a small part of the income) and encourage them with more rewards for their work. How: invite content consumers to reward content makers directly (without intermediaries like YouTube, Facebook or Apple). The TRON software supports [smart contracts](https://coinmarketcap.com/alexandria/glossary/smart-contract), various kinds of blockchain systems, and decentralized applications aka dApps. The cryptocurrency platform uses a transaction model similar to [Bitcoin (BTC)](https://www.coinlive.com/coin/bitcoin), namely UTXO. Transactions take place in a public ledger, where users can track the history of operations. Therefore, the platform was built to create a decentralized Internet and serves as a tool for developers to create dApps, acting as an alternative to Ethereum. Anyone can create [dApps](https://coinmarketcap.com/alexandria/glossary/decentralized-applications-dapps) on the TRON network, offer content, and in return receive digital assets as compensation for their efforts. The ability to create content and share it openly without hesitation regarding transaction fees is an undeniable advantage of TRON.