In the last few days, there has been a lot of good news surrounding Tron (TRX). From its listing on Lbank exchange, to the much awaited main net launch, there is no doubt that Tron is a coin on the move. But this hype should not be the primary reason why you put your money in this coin.
You need to understand this coin from a fundamentals point of view. What value does it add? Can it sustain in the increasingly competitive crypto space? The good news for you is that, even from a fundamentals point of view, Tron (TRX) is an exceptional coin. It has a use case potential that is guaranteed to solve many of the issues affecting the digital economy. Let’s go through some of them.
- The never-ending issue of Net neutrality
If you are into tech news, then you know that a few months ago; the issue of net neutrality was the big news. The FCC passed a resolution that it would be killing net neutrality. The Democrats in the U.S have fought it hard, with Washington State recently passing a regulation protecting it. However, this issue cannot be resolved through politics, the solution is in a technology that eliminates the debate altogether, by creating a fully decentralized web space. That technology is here with us, and it’s Tron.
Tron intends to create a democratized web space, where content creators are fully in control over their content. There is absolutely no reason why corporate behemoths get to control content, yet they don’t play a part in creating it. This element of Tron’s core mission is guaranteed to usher in Web 4.0, where everyone has a stake in the web economy. This will eliminate the power of a few corporations, or government bureaucrats, from deciding what content gets priority in the digital highway.
- The Advertising industry
Over the last few years, internet users have become increasingly aggressive against adverts that run in-between content. This is a headache for media companies and internet giants as well. That’s because they are in a dilemma on how to make money from advertising without interrupting content. It’s a tough balancing act between trying to give quality content while at the same time turning a profit.
Tron (TRX) seems to have a solution to this. The solution is simple, monetize the comments section of web content! Most people read through the comments sections after watching videos online. What if someone could pay for their advertising content to be the top comment? That would allow views to see the advert without antagonizing them with annoying adverts in between the videos they want to watch, right? Tron has the potential to achieve this. That’s because It has very low transaction costs, is superfast, and allows for micro payments, that would be needed to pay for adverts in the comments section. That’s revolutionary and could easily see Tron (TRX) become the default tool for web advertising.
- The music industry
The music industry has seen declining revenues in the last decade, due to the rise of streaming services. I remember some time back when Taylor Swift had a public spat with music streaming services. If an artist at the level of Taylor Swift is feeling the hit of music streaming, how much more are lesser known artists suffering? The problem is not that there is no money in music, it is that most of it is flowing into the hands of corporations. Tron (TRX) is changing this by giving artists the chance to take control over their content and monetize it. This is guaranteed to change the dynamics of the music industry for good.
Clearly, Tron (TRX) is the coin that could truly usher in web 4.0, and change how we interact with content on the digital economy for good. It’s definitely the coin to watch!