TRON Steals Limelight with a 9,000,000 TRX Airdrop and Expansion Plans
Tron News

TRON Steals Limelight with a 9,000,000 TRX Airdrop and Expansion Plans

TRON recently launched a 9,000,000 TRX airdrop which is happening on BITBOX, LINE’s cryptocurrency exchange.

The airdrop is being done to celebrate TRON Foundation’s new collaboration with the cryptocurrency exchange and is live till August 22. Following the collaboration, TRX’s value went up by 8.57 percent. At the time of writing, the price of TRX was 0.022233 USD.

According to BITBOX’s notice, in a first come first served fashion, the first 2,000 participants who register themselves between “the 15th of August at 01:00:00 UTC to the 22nd of August at 00:59:59 UTC” would earn 2,000 TRX.

But that isn’t the only event. There’s a deposit event as well, the rules for which are:

– Deposit up to 50,000 TRON and earn 2% daily on your deposits! (total 2,450,000TRX)
– Max. daily earnings: 1,000 TRON (assuming max deposit of 50,000 TRON is made)
– Max. total earnings: 7,000 TRON (assuming max deposit of 50,000 TRON is made and held for the whole event of 7 days)
– Max. total earnings (%): 14%
– Winner for this event will be selected on a first-come, first-served basis.

In addition to the aforementioned, there are two more events, the first one being a trading event which goes something like:

– Earn 2% on all your TRON trades, up to 600,000 TRON worth of trade volume.
– Max total earnings: 12,000 TRON (Assuming trades of 600,000 TRON or more made during event period)
– Cumulative buy/sell transaction volume within the event period will be considered.
– Self-trading transaction volume will not be considered.

The last event mentioned in the notice is a Twitter retweet event, the rules for which are:

Follow BITBOX’s official Twitter account and retweet selected BITBOX tweet to stand a chance to win TRX airdrop. The more retweets, the higher the prize.
Follow BITBOX’s official Twitter account and retweet selected BITBOX tweet to stand a chance to win TRX airdrop. The more retweets, the higher the prize.
Event period: 2018-08-15 01:00:00 UTC – 2018-08-22 00:59:59 UTC
BITBOX Official Twitter: https://twitter.com/bitbox_official
Link to tweet for retweeting: https://twitter.com/bitbox_official/status/1029534132156522497
Prize:
– 501 – 1,000 retweets: 100 winners, 350 TRX each
– 1,001 or more retweets: 100 winners, 700 TRX each
– *1 lucky winner picked by @justinsuntron himself to win 30,000 TRX!
BITBOX will notify the selected winners via direct message on Twitter.

Airdrops are a great way to promote cryptocurrencies when they hit a new exchange since they bring the cryptocurrency to the notice of many investors. This increases the prices of the cryptocurrencies as well, and that is what is expected from this airdrop as well. So far, TRX prices have been on the rise.

Also Read: EtherPoker, Happy East Capital, and TRXMarket to Run for TRON (TRX) Super Representatives

That said, airdrops aren’t the only means used by TRON Foundation to expand their cryptocurrency. The news is flooded by the various partnerships TRON is in. And the list is just increasing every single day.

With the advancements and publicity made by the foundation, Justin Sun, the founder and CEO of TRON Foundation, has not lost sight of the goal at all. Even though the whole crypto market had seen major dips recently, Sun told Forbes that the company has plans of bringing in many more exchanges.

User adoption is “going well” for TRX even during these difficult times. Any new trading pairs that the foundation might want to roll out would be after evaluating them and making sure that they are safe and reliable enough. For ensuring that the new trading pairs stay up to the mark, they would need to hire more people.

That is just what Sun intends to do. The foundation is looking for new members to join the Core Tronics Team. They have listed a few jobs on the professional networking website LinkedIn in order to expand the team. While most of the positions have been filled up, some stay vacant—to be filled by some believer in TRON.

Follow us on Telegram, and Twitter. Subscribe to our newsletter!


Leave a Response

Syed Ali Mudassar
It was when he was pursuing his graduation in Computer Science that he found his flair for writing about new and existing technologies. He likes researching about technologies and how they could help people. Currently, he works as the Content Manager at CoinFrenzy, a leading blockchain news, and media publication website.