The eleventh largest cryptocurrency is all about new developments as its first decentralized DEX (TronWatch Market) market with full functionality is currently running on testnet. Meanwhile, there's also a new Coin War game that's in beta.
TronWatch Market and Coin War arrive
Tron's first truly decentralized exchange tool (DEX) will soon enter the market when its ICO sale ends, which is touted to be simple, secure and decentralized. The official announcement says,
"We are looking to build one of the first decentralized TRON complete exchanges, allowing you to easily and securely exchange between the TRON, TRX10 and TRX20 tokens."
Currently running on testnet where all orders and transactions will be validated, compiled and executed by their smart contracts. A number of robots are also actively active on TronWatch Market.
The user interface looks the same as other clean and simple platforms. Regarding the order, the official blog post mentions: "Users can place orders as limit orders, which makes it very easy to trade in. When you send an order, TronLink, the browser extension for TRON will ask you for confirmation: Market maker offers are stored off-line and are made available immediately, while orders from the market are forwarded directly to the TRON network for processing. "
The TronWatch market has certainly attracted the attention of the crypto community as it has achieved a 16.5 MM TRX on SEEDgerminator.
– Sesameseed #TRONSR (@sesameseed_SR) 29 October 2018
Weiss Crypto ratings also led to Twitter to recognize another nuance of Tron capt:
Tron has just released a market demo for TronWatch, #TRONThe first complete #DEX. Demo currently works on Testnet, all transactions use smart contracts.
Most DEXs are too cryptic for the average user and are lacking adoption. We hope that Tron can make the difference.
– Weiss evaluations (@WeissRatings) 29 October 2018
Meanwhile, another development is coming in the form of a second game called Coin War. After the first game Magic Academy, which aims at the way in which the players interact with the game, developers and other players, the new game aims at the prediction and funding of both.
Based on the financial forecasts, Coin War is managed by the FCC team which will only support TRX bets, allowing users to easily choose the forecast target. Nasdaq, SSE index together with BTC, ETH and TRX are part of the predictors.
Regarding the TRX price, at the time of writing Tron was trading at $ 0.0221 with a loss of 4.86% in tandem with the red market. The eleventh largest cryptocurrency in the market currently has market capitalization of $ 1.45 billion.
The content presented may include the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or the publication has no responsibility for personal financial loss.