When Justin Sun bought bittorent, not many understood its importance to the Tron ecosystem. That’s until they announced project atlas. Project atlas is an interesting project, one that could see Tron decentralize content distribution, and compete effectively with platforms like YouTube. It allows users who seed the network to earn, thereby incentivizing them to provide more bandwidth to allow for faster downloads. In essence, as atlas gains traction, the Tron network will be populated with lots of videos and other content that makes it a good YouTube competitor.
In essence, Project Atlas is a big deal, one that will increase the usage of the Tron (TRX) tokens, since it is the token used for making payments by people seeding in the bittorent ecosystem. As content creators begin to seed on the Tron network it will increase the overall demand of these tokens, and push up its demand in the long-run. That’s because bittorent, even before Tron (TRX), had lots of seeders providing content on the network. As such, with the incentive of receiving Tron (TRX) for seeding, the number of seeders will increase and push up the demand for Tron (TRX). This is the one thing that could see the value of Tron (TRX) rise significantly, due to the increased volumes and demand.
In essence, as project atlas takes root, it could be an effective competitor to platforms like YouTube. This will lead to the rise in the profile of Tron (TRX) in the market, given that video streaming and downloads is a huge market. YouTube as a platform is worth billions of dollars, and if Tron (TRX) can outcompete it, then its value in the market would be worth way more. But what are the chances of Tron outcompeting platforms like YouTube? Well, based on what has been happening in the content streaming market, Tron does have a chance. That’s because centralized platforms have been censoring their content creators. This means that once decentralized systems take root, they will be a welcome move for content creators shift to Tron (TRX) and other decentralized systems. Platforms like DTube are already coming up, which means that there is demand for decentralized content platforms.
For a Tron (TRX) investor, project atlas will increase the intrinsic value of this crypto going into the long-run. Looking at the charts, the intrinsic value of Tron (TRX) is beginning to show in the long-term charts. In the long-term charts, Tron (TRX) is beginning to range at between $0.0196 and $0.025.
This is an indicator that after months of drops, it might have bottomed-out. It has been trading in this price level for the last 2 months, an indicator of consensus that it cannot go lower than this level. In essence, as investors begin to earn for seeding, the value of Tron (TRX) could exceed its all-time highs. Tron (TRX) rose to a high of over $0.10 before bittorent and all its other advancements. Once these new systems take root, Tron (TRX) could hit new highs. The possibility of Tron (TRX) rising to a high of $0.50 is quite high.