TRON to Partner With an Industry Giant
Justin Sun, the Founder and CEO of TRON Foundation, recently tweeted that the foundation would soon be partnering with an industry giant with a valuation of tens of thousands of USD.
— Justin Sun (@justinsuntron) October 12, 2018
Justin hasn’t revealed the particulars of the partnership—including the name of the partner—but has made it clear that the partnership is a pretty big deal. Until he reveals who the partner is, the community is expected to predict the name of the partner.
Also Read: TRON Block Height Reaches 3 Million
People have speculated a lot of names which could potentially be the company Justin is talking about. One of the names mentioned was POPPY which is a payment system built on top of the network.
Sesameseed talked about POPPY in a Medium blog:
“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.”
Regarding TronCard, this is what the blog said:
“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.”
Discussing the community and the market impact, 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”.”
Further explaining it:
“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.”
Speaking about its benefits for the greater community, the blog says:
“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.”
Informing readers about its functionality, the blog says:
“Poppy is designed to utilize TRX and other Tron based Tokens with additional Visa, MasterCard and Cash support to offer diverse functionality in terms of its payment and redemption platform.
Customers will be able to utilize TRX from a Tron wallet, TronCard or over the Seedit application to purchase goods and services through the Poppy platform.”
POPPY was the first project to appear on SEEDGerminator and has been one of the most well-received projects in the crypto industry. It managed to raise 8 times its soft cap in less than a day.