Intergalactic Gaming has officially won its spot as a Tron Super Representative, just hours after first announcing its candidacy. It is a new blockchain project focused on tokenizing the esports industry.
“We have now reached rank 27 in the #TRONSR elections.
We will now begin producing blocks, continuing our drive to become one of the most productive and value adding SRs on the @Tronfoundation protocol.
#IG4SR #IGG #TRX #esports #gamingnews #Blockchain”
Congratulatory messages poured in from the Twitter community with one of them saying “Awesome!! That was fast.”
In September this year, TronWalletMe announced that the firm will be running for Tron (TRX) Super Representative position. Users can use the platform to receive, send, and vote on the network of Tron (TRX) securely. The wallet is an open source peer-to-peer wallet which is built on the network of Tron (TRX)
With the interest of TronWalletMe running for Tron Super Representative position, it shows that the blockchain project has a very strong community behind it which is willing to do anything to take the project to a greater height.
Rewards for the Super Representatives
Super Representatives are rewarded for their governance efforts, each receiving 32 TRX per block created by the TRON public blockchain network. Given that the TRX block creation rate is 1 per second, each Super Representative will receive 2,764,800 TRX per day. At current prices, this comes out to around $44,000 per day.
According to Intergalactic Gaming’s announcement, the project intends to distribute its delegated proof-of-stake (DPoS) block rewards according to a three-tiered plan, where it first intends to distribute 100% of TRX rewards to voters. As they progress, Intergalactic Gaming will slowly reduce that percentage in order to establish their foundation and kickstart product development.
TRON an inspiration for game developers
The launch of Intergalactic Gaming follows the major push by TRON to onboard game developers onto its network. Early progress with simple dice-based games has helped facilitate a record surge in account creation and daily transactions.
TRX is currently down 16% on the day to $ 0.0159, giving the project a $1.05 billion market cap and making it the 10th largest coin in the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens.