WHAT IS TRON?
TRON is a blockchain-based decentralized protocol that aims to construct a worldwide free content entertainment system with the blockchain and distributed storage technology.
The protocol allows each user to freely publish, store and own data, and in the decentralized autonomous form, decides the distribution, subscription and push of contents and enables content creators by releasing, circulating and dealing with digital assets, thus forming a decentralized content entertainment ecosystem.
Peiwo App with over 10 million users will become the first TRON-compatible entertainment APP.
TRON FOUNDATION
TRON’s team members are followers of Sir Tim Berners-Lee, who are convinced that protocol, from the moment of its invention, is an asset for human beings, rather than a profit-making tool for small groups.
Hence, TRON has established the Singapore-based Tron Foundation, a nonprofit organization that mainly engages in operating the TRON network in the principles of openness, fairness and transparency and supporting TRON’s development team.
The Tron Foundation is set up with the approval of the Accounting and Corporate Regulatory Authority (ACRA) and under supervision and regulation of the Company Law of Singapore. It is run by the Board of Trustees or the Board of Governors formed by eligible trustees for independent management and operation, which is also independent from the government’s administration. Singapore is renowned for its stable and well-established laws and financial environment.
As a nonprofit entity established in Singapore, the Tron Foundation, subject to the laws of Singapore, is a legal entity having no commercial interest that supports and engages in activities for public or private benefits.
The “profits” obtained by the Foundation are deemed surplus and will be retained for the organization and implementation of other activities and events. Members of the Foundation will never partake any distribution of profits.
Value of TRON
In the beginning of designing TRON, the following core values are always adhered to:
1.Date creators (users) will have the fundamental ownership of data, and the internet should be decentralized. This was proposed by doctor Tim Berners-Lee at the time when the internet was born and the original intention for creation of the internet.
2.Those who make a contribution to ecological TRON will be entitled to proportional profits according to rules. A value network has the greatest advantage that may digitally capitalize anything in social and media networks.
3.All forms of contribution should be of equal quantitative value. Substantially, the time invested by participants, excellent contents created and attention are of the measure value as equal as the furnished capitals.
4.The fundamental objective of TRON is to provide services for the public. As an ecology operated by a non-profit foundation, TRON is designed to serve the masses who enjoy content entertainment throughout the world, rather than for the purpose of gaining profits. All TRON participants will benefit from its prosperity.
5.Contents should derive from people rather than capitals which should be used to reward people rather than to control people. Cultural and creative industries should be mainly driven by the pursuit of the quality of art and contents by content creators, artists and scriptwriters rather than the capitalists who consume no contents.
Characteristics of TRON
As a decentralized content protocol, TRON is of the following four basic characteristics compared with the centralized internet:
– Data liberation: on a free and uncontrolled basis, the contents including characters, pictures, audios and videos may be unloaded, stored and spread.
– Content enabling: digital assets are obtained through provision and spread of contents, thus economically stimulating the enabling of content ecology.
– Personal ICO: an individual may freely distribute digital assets in the form of ICO, while others may enjoy the benefits and services brought due to the continuous development of data contributors by purchasing digital assets.
– Infrastructure: with distributed digital assets will be equipped with a complete set of decentralized infrastructures, including distributed exchange, autonomous gaming, forecast and game system.
TRONIX—Offical Token of TRON
TRON’s official currency is TRONIX. TRONIX is the basic unit of accounts in TRON’s blockchain. The value of all other tokens are derived from the value of TRON. TRON Power (TP) TP is locked TRON. Users can acquire TP by locking their TRONIX. TP, in nature, is TRONIX with voting right, which means TP holders have more privileges in the ecosystem.
TRON 20 TOKEN Content owners (IPs, individuals, and groups) can issue their digital assets freely through TRON 20 standards, while others can enjoy the benefits and services brought by the constant growth of data contributor by buying these digital assets.
Plan
1. Exodus
Data Liberation
A mechanism of upload, storage, and distribution which is based on peer-to-peer and distributed contents. In the Exodus phase, on the basis of the distributed storage technology, TRON will provide users with a completely free and reliable platform for data publication, storage and dissemination.
2. Odyssey
Content Empowerment
Economic incentives, empowerment, content ecology and block chain technology will create a fully competitive economic mechanism with fair returns for content creation, distribution and dissemination. Therefore, individuals can be encouraged and contents can be empowered, thus constantly expanding the boundary of the system.
3. Great Voyage
Personal ICO
Based on the advantage of block chain, TRON solves three major issues: income measurement, dividend payment and management of supporters, and achieves significant transformation from the “fan economy” to the “fan finance”.
4. Apollo
Free Movement of Value—De-centralized Token
Trading Exclusively for Individuals To reach the goal that each content producer in the TRON system can issue their own tokens, the system must have a complete solution for de-centralized tradings.
Through the establishment of the de-centralized trading platform, the value, property rights and risks of the system can be freely traded and exchanged, thus increasing the economic vitality of the whole system in geometric multiples.
5. Star Trek
Traffic Monetizing—Gaming of De-centralization and Market Forecast
The size of the global gaming market in 2014 exceeded $450 billion. Traffic brought by the TRON content platform makes it possible to build an online gaming platform for de-centralization. Developers can freely build online gaming platforms through TRON, providing fully autonomous gamings and predicting market functions.
6. Eternity
Traffic Conversion—De-centralized Game
In 2016, the global video game market amounted to $ 9.66 billion, of which the scale of the phone game market was $ 4.61 billion, accounting for 42%. TRON provides the possibility for establishing an on-line game platform.
Developers can freely set up game platforms through TRON, achieve crowd-funding for game development, and make it possible for common investors to invest in games.
HOW TO REGISTER
To register an account, visit https://tron.network