- Speculations of Tron’s acquisition of Steemit, a blockchain content platform
- Tron continues to show positive growth
Tron founder, Justin Sun is prepared to add to the leagues of projects he is handling, as the CEO is ready to buy content distribution platform Steemit. Tron is looking at expanding by bringing in blockchain content platform Steemit into its team.
According to a previous report in December 2018, Justin Sun dropped some subtle hints on a purchase to strengthen the effectiveness of the Tron and BitTorrent ecosystem. The declaration was followed by a partnership deal with the Mining pool, which will give access to Tron to work on the network of the acclaimed next-generation PoS mining Pool network. Still, there was no clear sign that the partnership is the procurement deal Sun was talking about back in December last year.
TRON (TRX) Price Today – TRX / USD
| Name | Price |
|---|---|
 | $0.00 |
 | $0.00 |
The speculations of Tron’s acquisition of Steemit might just be what the Tron community needs to calm themselves after the situation with Ripple and Justin Sun. Backing the acquisition speculations is a news by Mars Finance new agency through Weibo, which stated that Tron had just finalized two mergers and acquisitions. Steemit, which was launched on July 4, 2016, is a blockchain-focused content distribution platform that permits users to upload content and store them on-chain to avert modification.
Tron Continues to Show Positive Growth
Tron continues to grow amidst the bearish crypto market trend. Justin Sun recently declared on Twitter that the number of registered TRON accounts has grown from 4,190,559 to 4,262,802 within the last 14 days. Although, the public should have it at the back of their mind that the statistics do not take into account the number of active accounts.
Steemit gives access to users to get revenue for their content, producing a decentralized platform for content writers. This is working towards the goal of Tron to decentralize the internet. Steemit, if truly acquired by Tron will be a great match for the Tron ecosystem as Tron endeavors to give internet users the freedom they deserve.
Bear in mind that in 2018 during the niTRON summit in San Francesco, the TRON foundation listed Steemit, Oracle and several others as a partner. In the same light, Justin Sun has reached an agreement with the Poloniex team to invest in the exchange platform. The procurement was followed by the procurement of Tron’s biggest DEX TRX market.
In the meanwhile, the CEO of InboundJunction & Marketacross, Nadav Dakner, a PR and media group representing TRON and other top crypto projects like Qtum, Binance, eToro, Huobi, and several others, has declared that the speculation of the acquisition is false. According to him, the news is quite deceptive and fabricated.
