Like other bitcoin alternatives, Tron was originally envisioned as a solution to a specific problem before it attracted the attention of investors eager for the next big cryptocurrency boom. In this case, its creators designed Tron as a blockchain-based ecosystem for digital content.
What this basically means is that digital media creators who use Tron have total control and ownership of the data they create, including how it is distributed to their audiences. This cuts out intermediaries like Google Play and the Apple Store, eliminating the fees those companies charge creators to have their material available there.
TRX is the coin used for exchanges in this digital ecosystem. As with other cryptocurrencies, TRX eases international transactions. This can be particularly important for digital content creators who can find themselves shut out of a country entirely if they are not able to transact in the local currency.
Genesis Date 24 August 2017
Available supply 65,748,192,475 TRX
Total supply 100,000,000,000 TRX
Purpose of the token
The currency is used in a Peer-to-peer network (Exodus) for purchasing entertainment. Helping to cut the channel fees, or upcharge that consumers pay to view content and media.