Market Today


New dApps and Token Sales from Tron
Editorial Team

Tron’s expansion phase is now with myriads of new products entering the technology market. Only within this week, the company has introduced many products and development tools which may be competing favourably in the market.

Tronweb has recently introduced a front-end Javascript API. Tronweb which is intended to help connect third-party projects to the Tron Blockchain is expected to compete with and if possible displace Ethereum’s Web3.js due to its similarity in use with the second.

On its Twitter page, the company announces that another tool named TronBox will be soon released to be used in order to build decentralized apps on the Tron network.

Furthermore, Tron announced the launch of its new decentralized, open source trading platform “Tronwatch Market” and its token sales. This new product is designed to provide a more secure and decentralized trading environment for traders holding any Tron tokens.

On the platform, all transactions will be in the form of smart contracts that security companies can audit and since it is open source, regular updates can be added from individuals to improve the platform. The aim of the platform is to bridge the gap between those who trade Tron tokens and be a conducive atmosphere for traders.

According to the publication from zycrypto.com, in order to fund the project and to confirm the timely completion and deployment of the platform, Tron has also announced the sales of its tokens with a hard cap of $5 million (250 million TRX) and a soft cap of $270,000 (13.5 million TRX). Users can buy the TronWatch Market tokens using the Basic Token System with TRX at $0.01 or 0.5 TRX fixed price. They may also use the SEEDgerminator Sesameseed.

Apparently, Tron is seeking on becoming a major player in dApps development, focusing both on products and tools for development.

On the other side, Ethereum has been moving fast in dApps development recently as well. As the publication resumed, Ethereum’s Blockchain is also a favourite for developing. However, the arrival of Tron and its products may change the game in the dApps market.

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