TRON is a blockchain-based decentralized protocol that aims to construct a worldwide free content entertainment system with the blockchain and distributed storage technology. The protocol allows each user to freely publish, store and own data, and in the decentralized autonomous form, decides the distribution, subscription and push of contents and enables content creators by releasing, circulating and dealing with digital assets, thus forming a decentralized content entertainment ecosystem.
TRON’s official currency is TRONIX (TRX). TRONIX is the basic unit of accounts in TRON’s blockchain. The value of all other tokens are derived from the value of TRON.
TRON Power (TP) TP is locked TRON. Users can acquire TP by locking their TRONIX. TP, in nature, is TRONIX with voting right, which means TP holders have more privileges in the ecosystem.
TRON 20 TOKEN Content owners (IPs, individuals, and groups) can issue their digital assets freely through TRON 20 standards, while others can enjoy the benefits and services brought by the constant growth of data contributor by buying these digital assets.
The Tron Foundation is set up with the approval of the Accounting and Corporate Regulatory Authority (ACRA) and under supervision and regulation of the Company Law of Singapore.
As a decentralized content protocol, TRON is of the following four basic characteristics compared with the centralized internet:
- Data liberation: on a free and uncontrolled basis, the contents including characters, pictures, audios and videos may be unloaded, stored and spread.
- Content enabling: digital assets are obtained through provision and spread of contents, thus economically stimulating the enabling of content ecology.
- Personal ICO: an individual may freely distribute digital assets in the form of ICO, while others may enjoy the benefits and services brought due to the continuous development of data contributors by purchasing digital assets.
- Infrastructure: with distributed digital assets will be equipped with a complete set of decentralized infrastructures, including distributed exchange, autonomous gaming, forecast and game system.
Peiwo App with over 10 million users will become the first TRON-compatible entertainment APP.