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Tron Announces Historical Partnership with Liverpool Football Club, Community Becomes Intrigued

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On Tuesday, April 23, the founder of the Tron Foundation wrote on Twitter that Tron has received an official invitation from Liverpool Football Club (LFC) regarding an official partnership.

Justin Sun has again made the community feel intrigued.

Is Tron entering the global sports industry?

To his announcement on Twitter, Justin Sun has attached a promo video by LFC where the logos of the two future partners are shown together.

This could mean anything, but Justin Sun has refused to provide any details so far, promising to do that later on.

As per Sun, the invitation to make a partnership was initiated by the football club, not Tron. Still, he sounds enthusiastic and, judging by the comment thread, seems to make the Tron community feel the same.

Many are left bewildered by what is going to happen between these two giants of such different global industries.

Is Tron entering the global sports industry?

A prominent Tron supporter, Misha Lederman, has assumed that the multi hundred million audience of LFC could be a great addition to the current user base of BitTorrent and Tron.

Is Tron entering the global sports industry?

Tron community tries to find out the nuances

Justin Sun got snowed under with questions, the main theme of which was ‘is that really true?!’

Many expressed their doubts, though, or started to make proposals of partnering with Tron as well.

Crypto and the global football industry

Last time the global community of crypto enthusiasts had an excuse to get connected with football was the global championship that took place in Russia last year.

Back then, many hotels and hostels in Moscow, St. Petersburg and other major cities accepted Bitcoin and other cryptocurrencies for room booking and other services. Crypto was accepted in numerous pubs and even taxi drivers took it from foreign customers.

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Tron

Justin Sun Donating More Than $1 Million For UBI Program By US Presidential Hopeful

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The main man, CEO and founder behind TRON, Justin Sun has recently revealed that he will be giving away more than $1 million to 100 people in 2020 in order to show support for Andrew Yang, the US presidential candidate for next years election and his universal basic income (UBI) program. On top of this, the decentralized network is starting a 50,000 TRX giveaway for users of the digital assets Telegram group – that would be equal to $75k!

Sun has had quite a controversial year after spending $4.5 million on a charity lunch with Warren Buffett, only to postpone due to health issues (which is another controversial issue). 

On top of the now $1 million donations to Yang’s campaign, TRON’s founder revealed that one of the 100 selected for the giveaway will be invited to sit down with him and Buffett in 2020. 

So now we have a time range for the charity lunch, which is one of the most highly anticipated events of the crypto space, to take place in 2020. Presumably, it will occur in the first half and perhaps even first quarter but only time will tell.

In order to qualify for the promotion, users will need to engage in a conversation with the @TRONEnBot according to a tweet by the official TRON Foundation.

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BitTorrent to release beta version of BLive ahead of schedule

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BitTorrent announced today that it would be launching the beta version of its BLive streaming app on 20 September, ahead of schedule, while also hinting at prizes for the cryptocurrency community. BLive is a blockchain livestream platform based on the TRON and BitTorrent Protocols.

BitTorrent had already started internal testing of BLive in late-August, with the beta planned for public release during Q4 of 2019. The main feature of BLive is that users will be able to reward their favorite content creators using BTT tokens from anywhere around the world. This would in turn, give users of BTT a real means of making international transactions at low costs.

According to the announcement, streamers will receive around 30% of the revenue shares, which is much more than what is offered by traditional streaming platforms like YouTube. Founder of TRON and CEO of BitTorrent, Justin Sun, welcomed the annnouncement and tweeted,

“With the continuous growth of telecommunication technology and social media, livestreams have gained a tremendous edge and have become the dark horse of online communication. It gives rise to outstanding content creators who have thousands of followers but don’t get their fair share of advertisements and virtual gifts.”

By Q1 of 2020, BitTorrent wants to see the platform’s full, commercial version being rolled out, and will begin extensively promoting it in overseas markets by establishing subsidiaries abroad. BiTorrent also plans to recruit and train broadcasters to create a better community ecosystem, while setting up local deposit stations in areas with poor infrastructure and educating users on blockchain to make its products more accessible.

BLive will support various payment and withdrawal methods, including credit cards, as well as third-party payment systems like PayPal, Google Wallet, Apple Pay and Bitcoin.

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TRON market update: TRX/USD tests DMA50 for the first time since July

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  • TRON’s TRX has recovered strongly from recent lows.
  • The major resistance is created by SMA5o daily at $0.0178.

TRON (TRX) is one of the best performing coins on Wednesday. TRX/USD has gained over 10% of its value to trade at $0.0178 by press time. While the coin has retreated from the intraday high ($0.0178), the upside momentum is still strong as TRX is moving in sync with the rest of the market. TRON’s market value is registered at $1.16 billion, it is the 14th largest digital asset according to the rating compiled by CoinMarketCap.

TRON’s technical picture

The initial support is created by $0.0170. This barrier si created by the middle line of the one-hour Bollinger Band. Once it is out of the way, the sell is likely to gain traction with the next focus on $0.0162 guarded by a combination of SMA50 (Simple Moving Average) one-hour and SMA200 four-hour. This support is closely followed by $0.0160 ( the middle line of four-hour Bollinger Band) and $0.0154 (SMA50 four-hour).

On the upside, we will need to see a sustainable move above the intraday high of $0.0178 strengthened by SMA50 daily for the upside to gain traction with the next major aim at $0.02.

TRX/USD, 4-hour chart

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