TRON (TRX) to be listed on BitBay
Tron News

TRON (TRX) to be listed on BitBay

Justin Sun, the Founder and CEO of TRON Foundation, recently tweeted that TRON (TRX) would soon be listed on BitBay.

It isn’t just BitBay where the cryptocurrency is making the news, TRX/BNB trading pair is now available to be traded on Binance.

Also Read: TRON Foundation to Release TRONWEB Soon!

Recently the TRON Super Representative Sesameseed came up with a new platform for TRON-based startups to get funded. The platform, SEEDGerminator, recently got its first project, Poppy, which hit its soft cap in just a few hours.

As per a Medium blog explaining Poppy:

“Poppy will provide its customers an easy to implement Tron payment integration on the Clover POS platform. Enabling customers to purchase items in TRX or basic Tron tokens at the retail will provide the customer a more robust experience will significantly reducing the transaction fee’s of traditional credit based payment methods. Seamless in-store and online ordering for clients, and a minimal barrier to entry for vendors will immediately open tron to hundreds of thousands of retailers.”

About customer satisfaction, this is what the blog had to say:

“Leveraging the Tron blockchain, customers will enjoy the same retail experience they are used to, with the added benefit of accepting TRX and Tron Tokens. The point of sale will allow retail purchases utilizing Tron across a variety of methods including a Tron wallet, Tron style Card “TronCard” or the Seedit platform and application. Seedit opens Poppy to social media by allowing twitter, telegram, Reddit and other platforms to act as viable payment methods.”

Talking about the community and market impact of the project, the blog said:

“By allowing seamless integration with the Tron blockchain, Poppy will enable customers to interact with retail in ways that do not currently exist in POS platforms today.
In addition to traditional payment methods (Visa/MasterCard/Cash), retail customers will be able to purchase goods and services by utilizing the blockchain in several ways including Social Media and the Seedit platform, Tron wallet transfers and the Poppy “TronCard”.”

Explaining the system further, the blog said:

“Utilizing Poppy, a customer vendor relationship can bridge the point of sale and social media divide. Vendors may interface with their community by leveraging Seedit to provide discounts; complimentary items, “gift cards” and rewards on the blockchain, always visible to the POS.
The open nature of the distributed ledger facilitates an environment in which Vendor and Customer anonymity is possible, while still allowing vendors to reward loyal customers.”

It further talks about the potential that the project has to bridge the gap between customer service, vendors and social media, and also the potential that the project has for creating a connected retail experience for those using the project, by saying:

“The greater Tron community will have a truly interactive ecosystem in which to use TRX and Tron based tokens in ways no other cryptocurrency can offer today. The utility of the Tron Network can potentially offer a more robust use case in retail than other blockchains by leveraging social media channels and anonymous customer data mining on a fast, inexpensive network.”

It has been just a day since the project was made available on the SEEDGerminator platform and it has already gained a funding six times larger than what it intended to gain just for reaching its soft cap. If the community manages to keep the momentum, it wouldn’t be long before the project hits the hard cap. Once the hard cap is reached, the funding campaign would be stopped. Alternatively, if the time expires, the funding campaign would be stopped as well.

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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.