888 Tron - Play and Earn

Learn about 88 TRON - new blockchain based gambling platform with 100% transparency
31 December 2018   8482

According to the experts, global gambling market is going to reach the $500 000 000 000 revenue in year 2023. But only 1\3 of people believe that gambling can be trusted and isn't fooling them. Casinos are often described in media as unfair business. 

But everything can be changed with blockchain

Tron is a blockchain-based decentralized platform that aims to build a free, global digital content entertainment system with distributed storage technology, and allows easy and cost-effective sharing of digital content. 

Tron was founded in September 2017 by a Singapore based non-profit organization called the Tron Foundation. It is headed by CEO Justin Sun, and has a dedicated in-house development team that includes renowned technology stalwarts. This article explores the Tron network, its workings, and its cryptocurrency Tronix (TRX).

A lot of investors believes that TRON's potencial is great and there's reasons for it. In the future, the price of 1 token can grow up to USD or more due to blockchain implementation is every area of human life. 

888 TRON is decentralized gambling network, based on the TRON blockchain network. The project is 100% transparent and is willing to change traditional business is gambling sector. Early players will have opportunity to become co-owners of highly profitable business.

The project itself is aimed at crypto users and enthuisiast, which understand pros of distributed ledger technology. Owners of 888TRON tokens will become the owners of the platform. Tokens can be received by playing games at the platform. This will make situation where tokens are concetrated in the hands of small group impossible. 888TRON tokens will be used for a progit distribution among holders. Moder technology is used, including open-source smart contracts. 

As reported, the 888TRON Team sees the need to legalize the project and wants to obtain the maximum number of gambling licenses worldwide. All legal ways to promote the project will be used by the team to make it more and more popular. Team is also working to make it safe and easy to use.

Dividents system is already launched. It is paid in TRX, which is traded on the major exchanges worldwide. Platform's games are unique and, according to developers, will provide stable income for tokenholders. TRON network is focused on the entertaiment and gaming products. It is high performance network with low transaction cost. The foundation itself supports DApp developers actively.

Сonsidering all of the above, we can make the conclusion that 888 TRON is a future of gambling industry.

Neo Foundation to Withdraw $11M From Cold Wallet

These funds will be used to finance its operations in currrent reporting year and $190M are stiill in the vault
26 March 2020   145

On March 25, the Neo Foundation announced the withdrawal of 1,660,865 NEO ($ 11 million) from the cold wallet to finance its activities in the current reporting year. About $ 190 million are still in reserves.

According to rules established in the Neo White Paper, the NEO tokens maintained by the Neo Foundation are mainly used to continuously support Neo's technological development, ecosystem growth, community expansion and the normal operations of the foundation and related organizations. 

 

Neo Foundation

According to the publication, 1,660,865 NEOs were transferred “from a blocked account to a current account”. As the information on the blockchain shows, these funds were directed to an address containing 14.6 million NEO or about $ 100 million. The project does not disclose who controls this address and what fate awaits the released tokens.

White paper Neo suggests that project costs in any given year should not exceed 15 million tokens. In the near future, a financial report for 2019 will be published.

At the time of publication, NEO is the 23rd largest asset on the market with a capitalization of $ 479 million. The price of one NEO is $ 6.79.