Tron is one of the most sought-after cryptocurrencies this year. This project by a Chinese programmer, Justin Sun, has capitalised almost USD 4 billion in just six months, making it one of the top ten most promising cryptographic currencies, according to CoinMarketCap. What is the secret of Tron’s success and can you benefit from it by investing?
Demand for cryptocurrencies in China
The Chinese authorities are intent on proving that Chinese economy and innovations are not inferior to those of the Western world. This is the reason for China choosing to invest in mobile technologies, alternative investments and cryptocurrencies. The success of Bitcoin made the Chinese want to have their own technological equivalent. This is how TRON was created – a blockchain-based protocol designed to provide entertainment sector users with free of charge access to data.
Justin Sun focused on the capitalisation of two factors, which are extremely important to the Chinese. The first is making data transmission independent from the Internet censorship conducted by the Communist Party of China – TRON is a decentralised system that is practically unbreakable. The second is the growing technologization of society, manifested in the preference for digital entertainment.
No wonder, therefore, that a particular community quickly formed around TRON and the considerable investor interest led to the creation of an ever-growing speculative bubble.
Does TRON have a future?
In contrast to many cryptocurrencies, which are mined using processor resources, TRON bases its operation on sharing hard drive memory to collect distributed data. This type of system is intended to encourage virtual entertainment activists and creators of games, films, and applications to publish content free of charge via the TRON network.
If this plan is successful, TRON may take over some of the market belonging to such platforms as YouTube, Twitch, Netflix or Steam. The use of such a network will also be associated with a number of privileges for its users, which definitely works to TRON’s benefit, making it an exceptionally promising cryptocurrency.
How to make the most successful investments in cryptocurrencies, i.e. the TRON voucher
TRON is available on cryptocurrency exchanges but using them carries a risk. To date, cryptocurrencies have not been issued with satisfactory legal regulations which apply to financial institutions, which makes it difficult to assert one’s rights and opens the door to abuses. Therefore, a good solution is to use the TRON voucher, which makes it possible to purchase this cryptocurrency, and is simultaneously subject to regulations applicable to financial institutions.
What is a cryptocurrency voucher? Like any voucher, this voucher allows one to purchase a selected item, in this case – a cryptocurrency. The voucher exists in a physical form, as a document sent by post, which eliminates the possibility of a hacking attack or data loss. As such, it can wait months or years until a decision is made to monetise it. This provides the comfort of controlling the risk that is taken on when investing in cryptocurrencies.
How to monetise the TRON voucher?
Both buying and monetising the TRON voucher is extremely easy. The entire transaction is based on providing the code contained in the voucher to an intermediary company, which in return issues a short instruction on how to access the collected funds. In this way, the procedure linked to first transferring money in a traditional currency onto the stock exchange account is omitted, and then – exchanging it for a popular cryptocurrency (usually Bitcoin) and performing the transaction of converting Bitcoin to TRON.
So we are not only dealing with minimising the risk, but also with reducing the steps needed to monetise an investment.
The purchase of a TRON voucher is a wise investment for the future
Cryptocurrencies are considered to be the most promising investment tools in recent years. Just a few months after the purchase, investors see their profits soar tenfold, and the record holders who made a purchase at the right time have become millionaires in as little as two years. This was the case with Bitcoin in 2015, and there is nothing preventing such a promising cryptocurrency like TRON from repeating this success.
It is worth remembering that the purchase of a cryptocurrency with a voucher ensures transaction security and the ability to assert one’s rights, which is not always possible in operations conducted on cryptocurrency exchanges. When buying a voucher, there exists the physical confirmation of a transaction and the chance to securely multiply one’s savings, without worrying about the stability of servers or organised hacking attacks that cryptocurrency exchanges can undergo.
Therefore, a voucher is the best possible way to invest in cryptocurrencies – it combines modern technologies with traditional and secure purchasing methods. The TRON voucher gives one the opportunity to redeem profits at any time, in a simple and legal way, and the innovativeness of Justin Sum’s idea makes it possible for the expected profits to exceed the invested amount tenfold within only 6 months.