Tron (TRX Token) Celebrates First Anniversary: Time To Check Some Top Memories


The founder and Chief Executive Officer (CEO) of the Tron Foundation Justin Sun, twitted a while ago about Tron’s first anniversary after completing its first token sale. In his tweet, the CEO noted that Tron completed its first token sale on the 4th of September 2017.

TRON’s Growth

When cryptocurrencies were just starting out then, Tron’s token was a mere 0.003 USD and was among the few coins in the market that got the approval of John McAfee. In his tweet back then, McAfee said that Tron was a long term Hodl and that those who were selling it out were losing out.

McAfee termed TRX as the “Coin of the Day” when he used to make an effort to talk about one cryptocurrency daily in his bid to try and inform enthusiasts and potential investors about coins that had potential back then.

oBike Partnership

There was this time when oBike, the local bike-sharing app in Singapore said that it would initiate its own coin, oCoins in 2018, which would enable riders to earn money while they rode their bicycles. The firm’s operator had mentioned that they were planning to use the Tron platform to launch these coins.

Edward Chen, oBike’s co-founder and CEO had announced then that oCoins would present an attractive option for the firm’s users to continue riding bikes and using the app in various ways. The CEO had asserted that being a tech company, they were obligated to bring better value and more benefits to the company’s users, through consistent research and innovation and attracting partnership that were mutually beneficial. This statement followed Tron’s partnership with MLG Blockchain Consulting firm.

TRON’s Educational Activities

Another moment is when the CEO twitted identifying the need to host Tron educational events in universities and tech hubs all over the world. He noted that such activities would greatly help in building the communities’ foundations while advocating for the TRX token and increasing its practicality.

Gifto Partners With TRON And AIG (Asia Innovations Group)

There was also this time when Tron partnered with Gifto in December 2017. The partnership with Gifto, a universal virtual gifting blockchain platform brought about a lot of excitement in the digital coins arena. Grifto’s creator Andy Tian, who initially was the leader of Zynga China as well as the CEO of Asia Innovation Group commented on the partnership. He said that Gifto and Tron were both on the same path of using blockchain to innovate on the content creation space.

He noted that the partnership between the two would bring about an alternative to the conventional mode of content creation, monetization and ownership that is currently available. He continued to say that content creators would soon enjoy the advantages of using the blockchain technology and that the partnership will see that it becomes a reality.

Commenting also on the partnership, Sun said that they were excited to collaborate with Gifto and Asia Innovations Group to develop further the use of technology and Tron Platform. He said that the partnership was bringing together two firms that both owned successful users entertainment apps and that were both making use of the blockchain technology to change the way things work in the industry in the future.

TRX Joins The Top Ten

There was also this time when TRX had joined the high and mighty in the cryptocurrency industry. This is the time when on the 4th of January, TRX had grown by 136 percent joining the top ten coins in terms of market capitalization, and pushed Dash to 11th place.

Before this boom, TRX had grown a tremendous 2000 percent in a strong bull-run as from mid-December 2017 to January 2018. It is this growth that pushed it to the top 10 cryptocurrencies then.

TRX also received its fair share of criticism from the industry. However, despite the lashing, it sustained the pressure and won the affection of many. There was a time on the 28th of Feb 2018 when TRX was heavily lashed on Twitter. Justin had to intervene and calm crypto enthusiasts telling them that his team was doing all it could to stabilize the coin. Sun says that he has a dedicated team that runs the firm 24 hours a day, seven days a week. This team works in shifts to ensure that the firm is manned all through.

To date, Justin Sun still has the same spirit he began with, the same case with his TRON community. It is indeed a happy birthday to TRON and all its members.

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