KuCoin Announces Tron Network (TRX) Listing Today

KuCoin as one of the most notable and trusted crypto exchange platforms, aim to accommodate users the best experience in all blockchain asset processes. It is achieved by uniting premium assets worldwide and creating a state-of-the-art trading platform. And today, KuCoin thrilled to announce that they have once again listed another promising project called Tron TRX recognized as a blockchain-based platform establishing a truly decentralized Internet.

Tron (TRX) is now available on KuCoin with supported trading pairs including TRX/BTC and TRX/ETH. TRX deposit is now in effect immediately. Buying starts at 19:30 (UTC+8) while Selling and withdrawal will begin at 20:00 (UTC+8).

Tron (TRX) is a blockchain platform started as the foundation for a decentralized entertainment ecosystem. Established by Justin Sun, whose first project is Peiwo — a pay-to-chat application already launched on the network — Tron converges on expanding the market of decentralized digital content applications by offering it more accessible to create and deploy them.

Adoption of blockchain technology is inadequate in part because of the difficulty many developers face in discovering to build from scratch entirely new protocols. Tron is designed to ease this development and hence accelerate the decentralization of existing platforms and the creation of new Dapps.

Tron will operate in the same way that other content networks work: creators produce content and consumers purchase it. Other applications can be developed and leverage the same resources, and the benefit of TRX hinges in part on the execution of code inside the Tron network.

Tron TRX is one of many applications attempting to leverage the peer-to-peer nature of modern networks to allow content creators and distributors direct introduction to their consumers. YouTube, iTunes, and other centralized distribution networks have a significant chokehold on the digital content market, creating a wall for independent content producers exploring distribution channels.

Several decentralized applications are planned for deployment on Tron to take an interest in the direct, peer-to-peer architecture of the network that excludes the need for a middleman. One such application that has received a lot of attention is Gifto, created by Uplive, a highly significant and successful paid social network platform in Asia.

Both streaming entertainment and content distribution are huge industries. The content delivery system market alone is predicted to approach $30 billion by 2022, while the entertainment industry as a total will surpass $2 trillion in the same period.