Steemit includes TRX to pay rewards


Steemit includes TRX to pay rewards

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I find it interesting to see how a new compartment was enabled in my Steemit.com wallet to receive TRX tokens. Which represents, in my own opinion, a benefit for the users of the platform who now apart from STEEM and SBD, will also be able to profit from the native token associated with TRON blockchain. I can see that the liquidity of the TRX deposited in my account is related to the amount of STEEM generated as SP through the rewards per publication.


Although its value, for these moments is: $ 0.0279, according to Coingecko, I consider that it is a passive form of income which in the long run can represent a significant amount in our wallets.


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Some information about TRON and TRX

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This prompted me to do some research on the TRON platform and what its background is. Taking into account that the blockchain has its genesis in 2017, by which time the token (TRX) created to sustain the ecosystem, had a collection of 70 million dollars in your initial offer. I think that the fact that it has remained until now and goes from functioning as ERC-20 of the Ethereum chain, to becoming an independent TRON cryptocurrency, is a solid step in its behavior as a digital asset. I also managed to collect information on its economy and behavior in the market, which indicates that by 2019 it already had a capitalization of 1.6 billion dollars. We understand that the owner of this blockchain is also the current owner of Steemit.com. The fact of having linked both platforms for the purpose of enriching the ecosystem and giving TRX a greater movement, I think it could be a good cooperation strategy, where the average user will be favored from the product that results from this investment.

* The source was consulted: TRON White Paper


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Tronlink.org

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How to access TRX tokens?

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We can enable the TRON wallet application, which is supported as a Google extension. The DaPP, is called TronLink and the URL of the page can be found in the Steemit wallet. You can also download the application to your smart device and start using it instantly. Access is through an encrypted access key and a simple security protocol which allows subscribing and entering the friendly interface in just a few minutes. I think it will depend on the use that the members of the Steemit.com platform can give it so that this currency is adopted by a new demographic and increases its trust share, so that it increases its value over time. I have always believed that social media platforms must constantly innovate including aspects that motivate the user the most and involve him with crypto in the best way. Everyone who lives on a blockchain seeks an economic improvement that allows them to advance in the world of virtual assets. Nothing better than linking a new cryptocurrency to the Steemit ecosystem, which would shortly show the progress generated by the incorporation of TRX to the distribution of rewards.

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My own thoughts on TRX integration

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It should be noted that the demand for virtual assets in the market is due to strictly human behavior related to trust. Therefore, to establish a cryptocurrency, it will be necessary to approach a solid and persistent demographic over time. In my own opinion, the integration of TRX to Steemit.com obeys this logical reasoning; With Steem Blockchain having a high level demographic figure and being crypto STEEM a currency with a long history supported by millions of users, it is obvious that the incorporation of TRX into the Steemit.com ecosystem achieves the appropriate niche for its adoption and subsequent growth. Where, due to human characteristics, users will act as spokespersons for the event and will attract more people to the platform, it may be with the promotion activity within the ecosystem, with the promotion campaign on other social networks or inviting family and friends. Creating a multiplier effect where the demographic figure will increase, the level of trust in both cryptos (STEEM and TRX) and generating movement in the digital asset market.


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Conclusion

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In this way I conclude that the destination of TRX, as a digital asset for the payment of rewards to the content developers of Steemit.com, will considerably increase the level trusted on both platforms. It will make the Peer to Peer system accessible through its DaPPs, creating a long-term, sustainable positive impact on the STEEM and TRON ecosystems. Being able to leave large dividends in the hands of investors, expand the common user experience and attract new income to the platform.

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This is my participation in the challenge sponsored by @steemitblog: TRON and Steemit Integration Celebration Challenge. I invite all users to join.




Comments 6


Hi, I can see that you are doing well here on Steem. If you want to do even better, please try our Upvote service. Take a look at our latest post. We need more members 😉

09.12.2020 22:37
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@tipu curate 4

10.12.2020 16:08
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Thank you for taking part in the TRON and Steemit Integration Celebration Challenge.

And thank you for setting your post to 100% Powerup.

Keep following @steemitblog for the latest updates.

The Steemit Team

10.12.2020 22:58
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Grateful to the team...

10.12.2020 23:03
0