The crypto-industry is valued around $200 billion and has also resulted in the growth of different cryptocurrencies in the market. As the idea of having decentralized internet becomes more mainstream, Tron will be bound to succeed as they have the first-movers advantage. Tron has one of the most passionate communities which is built on the belief of having a decentralized internet.
Justin Sun, the founder of Tron foundation is also backed by big names in the internet industry like Jack Ma and Tim Berners-Lee who created the World Wide Web.
Tron has been able to successfully raise awareness and they’ve been able to promote themselves by forming partnerships. Sun acquired BitTorrent, a peer-to-peer file sharing company which also emboldens his vision of a decentralized internet. This also shows that Tron foundation is committed to changing the way web works by paving the way for wider decentralization. The BitTorrent and µTorrent (micro-torrent) will be used to advertise crypto-based companies to advertise their projects through the BitMediaNetwork.
At the moment BitTorrent client serves 45 million daily users with 100 million active users, it comes with a ready-made massive audience. And a majority of their audience are either millennials or Gen-Z who’re tech-savvy with a good understanding of cryptocurrency and decentralized technology with respect for its value.
This will help crypto-based companies to effectively market their product and increase their reach. BitTorrent will be screening applicants and allow only established companies with a good track record to advertise on BitTorrent’s platform.
With the rise of Tron’s decentralized internet and its launch of dApps, the currency used to trade in the platform will be TRX. The TRX token will see a rise in the future as its usage will increase in Tron’s decentralized web.
Justin Sun, the founder of Tron Foundation and CEO of BitTorrent said:
“With the official release of µTorrent Web, our next generation BitTorrent protocol client, we are driving stronger engagement, which is growing the supply of our premium display and video placements.”
“When leading crypto businesses think about driving global awareness for their projects, we hope they include BitTorrent in their overall advertising strategy.”
The future is guaranteed to be decentralized, but the real question is when.