Intergalactic Gaming Blockchain Project Appointed As Next Tron (TRX Coin) Super Representative
TRON Appoints Intergalactic Gaming As A Super Representative
The esports industry is growing exponentially. It has grown from small tournaments with a few hundred dollars in prizes to global tournaments with millions of dollars worth of prizes. Several companies are already cashing in on the growth, and TRON is leading the way in the Blockchain technology park.
TRON has been making moves to fortify its position. One of its most recent moves has seen Intergalactic Gaming become a TRON Super Representative.
A Surprising Development
A TRON Super Representative is a highly coveted position in the esports industry. At the time that Intergalactic Gaming was making its application, there were about 160 other candidates all vying for the position. IGG is relatively new compared to most of the other applicants. What’s more, it was appointed as a TRON SR just 4 hours after submitting its application. Considering all factors, this comes as a surprise – and a rude one for other applicants.
However, Intergalactic Gaming’s election as a TRON SR should not come as a surprise as it was launched recently with TRON’s influence. It was launched with the goal of getting more game developers onboard the TRON network.
The election of IGG as a TRON SR will come with several implications for both companies. The obvious one is that Intergalactic Gaming has just solidified its footing in the industry as its position on the TRON network gives it excellent leverage. IGG also stands to make a lot of money from its new position.
As a TRON Super Representative, Intergalactic Gaming will be tasked with contributing to governance efforts as well as the creation of blocks. The company will be paid 32 TRX for each block it creates. Considering that it takes approximately 1 second to create a block, the average TRON SR gets paid about 2,764,000 TRX every day. This translates to about $44,000 going by TRX’s current value. The money will come as much-needed capital to fund the company’s growth and expansion considering that it is still relatively new.
TRON also has something to gain from the recent development. For starters, it has one more TRON SR to help with governance and block creation. Most importantly, however, it is banking on IGG to boost its position. IGG is the brainchild of several parties including TRON and leading esports and gaming developers. Its goal is to unlock the financial potential of the esports industry through tokenization and digitization.
If Intergalactic Gaming grows as expected and achieves its goals, then it will be one of the key pillars of TRON’s operations and ambition as the leading esports Blockchain solutions provider. Considering that the esports industry is currently heading towards the billion-dollar mark, these goals may not be far-fetched for either company.
The recent election of Intergalactic Gaming as a TRON Super Representative is a huge step forward for the company’s reputation and financial standing. It is also expected to help bolster TRON’s position in the industry in the long-term. Currently, however, all IGG can do is help create more blocks and make governance more efficient for TRON.