hey everyone welcome back to the channel
so today we're going to be talking about the tron project and just a quick reminder that
all the websites covered in this video will be available in the link down in the description
below so there's a large number of total accounts over here almost a hundred million crazy stuff
this is a huge project a very successful project that has been in the cryptocurrency space for
quite some time now so scrolling down as we can see here is how the trx market performance is
currently looking like the cryptocurrency market as a whole is only downward trend so this is quite
expected right now but as we can see total market cap is around 5.6 billion really so uh it's global
ranked as number 13 in cryptocurrencies current price is around six cents and as we can see the uh
trend it was going standing for a bit and now we have been seeing see some uh dips going on right
now in the past few days but nonetheless that is just the market conditions going on currently
right now so the tron ecosystem as a whole is quite vast and has a ton of different features
like for example a tron wallet you know tron scan tron d apps you know application scenario the tron
sr tron the usdt their trc 20 which is their kind of smart contract platform and a ton of different
cool features so this is a very vast you know uh ecosystem and a platform and a project as a whole
they cover many many different aspects in the web3 space they also have some very very big and
well-known core partners like samsung bittorrent apen ft marketplace and as well as opera so if
you're kind of new to the whole tron ecosystem and haven't really heard of it you're probably
wondering what exactly is tron and trx so tronics exactly is the main net native token of the tron
protocol issued by tron dao known as trx trx is the basic unit of accounts on the tron blockchain
trx is also a natural medium currency for all trc based tokens trx connects the entire tron
ecosystem with abundant application scenarios that power transactions and applications on the chain
and here's a little more background about the tron project here over on coin market cap so initially
the project was created with the aim of providing full ownership rights to the 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 so that was the beginning goal of this project
when they set out now the tron software supports smart contracts various kind of blockchain systems
and decentralized applications aka the apps therefore the platform was built to
create a decentralized internet and serves as a tool for developers to create the apps
acting as an alternative to ethereum per se now here are some of the trx application scenarios so
as we can see there are credit card payments tron atm machine participate in token issuance on tron
you can obtain energy and bandwidth you can obtain uh voting rights as well so receive btt airdrop 2
and you can also participate in the tron nyx support plan so great stuff of overall application
scenarios that they offer so this is definitely a really cool project and different features and
you know application scenarios are great and this is a very vast you know platform that
offers a ton of them as for where this project is listed exactly where their tokens are available
you won't be uh kind of short on any different platforms because this tron project is really
really out there in terms of different exchanges in the cryptocurrency space
from the biggest exchanges out there like coin market cap i just showed you coinbase coin gecko
you know kraken you know they they do it all right from the big ones to these small ones and uh less
known ones so as you can see this is the whole list of all the listing exchanges that they are
a part of finance as well so very great stuff they definitely uh networked and really took
their time to you know get out there you know put themselves you know on these exchanges make
some great connections in the cryptocurrency and web3 industry and space as a whole as for tron
and their kind of integration into usdt here's a little more about that so usdt is the usd pegged
stablecoin issued by tether on the tron network the token will be able to complete issuance
holding and transfer via smart contract on tron with a completely free and transparent process
zero transfer fee and instant delivery it'll also be available or able to write programs that are
highly expensible based on the smart contract trc20 based usdt enables interoperability with
tron based protocols and d-apps basically while allowing users to transact and exchange fiat paid
currencies across the tron network so great stuff that they're integrating with usdt and have that
available to them here are some of the actual exchanges supporting trc 20 based usdt so once
again finance you know and some other huge huge exchanges really out there in terms of usdc it's
actually a dollar digital currency that offers frictionless secure and interoperable access to
capital markets global trade payments and modern commerce dollar digital currencies work just like
other digital content they move at the speed of the internet usdc is interoperable across multiple
blockchains including the tron network tron usdc was launched in june 2021 and has been significant
growth and adoption with more than 200 million dollars in on-chain transactions within just
a few months tron usdc is a trc 20 based token that enables users to transact store and exchange
value across tron based protocols and decentralize apps so here are as for reserves usdc is backed
by cash and equivalents and short duration u.s treasuries ensuring that usdc is always redeemable
one as of one for us dollar as for transparency in usdc monthly attestation reports regarding
the reserve balances back in usdc are published by grant thornton a leading global accounting
firm in terms of governance usdc is governed by center on independent consortium and then here are
some exchanges supporting trc 20 based on usdc as well as the top tron usd cd apps now we know all
the different aspects in the web3 space that tron project has tapped into and they are not short at
all in the nft space so here as we saw earlier on their website they actually partnered up with ape
and ft marketplace as you can see and you can actually convert trx to wtrx over here and this
is kind of the nft marketplace that tron partnered up with to kind of have their integration with
really so some top different nft projects that are available in uh tron prices as well so you
can buy and sell with the tron token on this nft marketplace there's a new journey of nft exploring
so set up tron link wallet first then explore the nft world and you can also create your own nft
so scrolling down there you can see what is the ape nft nfp token exactly so as for
the ape nft marketplace it's an important node for the foundation to lay out the nft field is
multi-chain metaverse game fight and nft trading platform built on bsc binance smart chain tron and
ethereum layer 1 protocol with btfs decentralized storage and interoperable via bittorrent chain
this thriving platform will be an important support for the value of the nft token so great
stuff that tron is partnering up doing their due diligence you know really getting out there in
the nft space with the ape and ft marketplace and last but not least let's take a look at the tron
twitter page and there is a whopping 1.4 million followers over here of strong community members
that are part of this tron project tron is dedicated to building the infrastructure for
a truly decentralized internet got their telegram links that you guys can check out as well as their
discord so scrolling through here here you will find all of the different announcements
updates milestones what's going on with the tron project different announcements and different
news you know different deals negotiations you know articles that are being posted shouted out
retweets collaborations with other projects other cryptocurrencies out there and just some
cool milestones just updates that you want to be a part of if you like this project are going to
be using and integrating with their platform their whole ecosystem because they are very
diverse guys their twitter page is definitely some place you're not going to want to miss out on so
definitely give them follow over here have those notifications on and interact with their posts
over here so that's pretty much it for the tron project this is a very well diverse project
with a whole ecosystem and a large following a large market cap that a lot of people are
interested in so make sure to go check out that link in the description below to
check out this project and get involved in it so if you like this video make sure to give it
a thumbs up and don't forget to subscribe to the channel to get some awesome content
in the cryptocurrency space to help you on your journey that's all for now thanks for being here