TRX/USDT Pair Now Tradable on KuCoin
Justin Sun, the Founder and CEO of TRON Foundation recently tweeted that the TRX/USDT pair is now available for trading on the crypto exchange KuCoin.
— Justin Sun (@justinsuntron) September 20, 2018
Judging the sentiment of the people commenting on the tweet, we can say that there is a mix of emotions and a certain degree of spam out there.
Recently Sesameseed, a TRON Super Representative, launched a new project for funding new projects on the network. The project, called SEEDGerminator, is now picking up popularity and the first project to be listed on the platform, Poppy, ended up raising 6 times the soft cap required for it to be an official project on the platform. According to the Medium blog, SEEDGerminator would provide the project with 200,000 SEED once approved.
Explaining the project, the Medium blog says:
“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.”
Further explaining it, the blog says:
“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.”
When it comes to the community and market impact of the project, this is what the blog has to say:
“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 the system, the blog says:
“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.”
Explaining the effect that the project would have on the community as a “truly interactive ecosystem”, 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.”
The project has, within itself, the potential to bridge all the gaps which currently exist between the vendors, customer service and social media. In addition to that, it also has the potential to create a connected retail experience for the users of the platform which would be developed after the project. This would be a major achievement for the team once done properly.