888 Tron - Play and Earn

Learn about 88 TRON - new blockchain based gambling platform with 100% transparency
31 December 2018   5072

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.

Algorand to Raise $60M in 4 Hour Tokensale

The project was founded by a MIT professor and a Turing Award winner Silvio Micali and is designed to solve the problems of scalability and consensus in the DLT
20 June 2019   2328

The blockchain-project Algorand, aimed at creating an “borderless economy ”, announced the successful completion of the  ALGO tokensale, during which it raised over $ 60 million, CoinDesk reports.

The campaign was held on the CoinList platform and was conducted in the format of the so-called “Dutch auction”, in which the highest price is first announced, after which it gradually decreases.

Simultaneously with the completion of the tokensale, it was announced the launch of the main network of the Algorand. The platform processes 1000 transactions per second with a delay time of less than 5 seconds, which, as noted, puts it on par with such major payment networks as Visa and Mastercard.

In his work entitled The Monetary Experiment: Algorand A Thesis For Algo Currency Markets, the head of Arrington XRP Capital, Michael Arrington writes that Algorand is a project where macroeconomics meets cryptocurrencies. He also notes that Algorand, as a blockchain-resistant Proc-of-Stake algorithm, is distinguished by a combination of advanced cryptography and a smart economic model.

The Algorand project was founded by a professor at the Massachusetts Institute of Technology and a Turing Award winner Silvio Micali. The main task of Algorand is to solve the problems of scalability and consensus in the blockchain.

As noted, the exact number of buyers who participated in the auction remains unknown, but because of high demand, the campaign lasted less than four hours. In total, 25 million ALGO tokens were distributed with a starting price of $ 10 and a closing price of $ 2.40.

Representatives of the project also stated that since tokens are distributed to customers' wallets and are not available on stock exchanges, there is no need to talk about any value of Algorand market capitalization.

Algos are being dispersed to wallet right now (for successful bids).  Therefore – there are non on exchanges. [Therefore, no market capitalization is available for Algorand, though some have speculated it sits around $6 billion.] Which is still a top 10.
 

Algorand Team

Earlier, the project announced plans to auction 600 million ALGO tokens per year, and in the first five years it is planned to release 10 billion tokens.

Also note that over the last year, Algorand raised $ 66 million in venture capital from investors such as Union Square Ventures and Pillar Venture Capital.