Tron and JOYSO Partner on an Enhanced Decentralized Hybrid Exchange Version

2018-11-1 23:19

Tron (TRX) continues to grow in the cryptocurrency market and blockchain world. This time, the world’s first decentralized and hybrid exchange known as JOYSO has decided to incorporate the Tron network to build a sustainable decentralized blockchain environment.

#TRON partners with @joyso_io, building a sustainable decentralized blockchain environment. #TRX $TRX https://t.co/BrbKnzP27t

— Justin Sun (@justinsuntron) October 31, 2018

According to an official press release uploaded by JOYSO on October 26, the platform will be building a hybrid decentralized exchange for TRON Networks. In this way, the exchange will become an infrastructure for all dApps on the Tron network.

JOYSO CTO, Will Hsieh, said that Tron provides a conducive environment for token issuers. Furthermore, he said that this would help Tron attract new users.

About it, Hsieh said:

“This will attract more users to join TRON’s ecosystem and boost its token economy. With our expertise, JOYSO is able to provide a safe and simple solution for exchanging of tokens on different blockchain hence creating a more sustainable network.”

JOYSO reduces the risk of being hacked and provides efficient trading for users. At the same time, the exchange will be building the exchange with off-chain matching, on-chain settlement, allowing users to trade tokens using their digital wallets.

A few days ago, Tron elected a new Super Representative after more than 90 million votes in favour of this new SR. This shows that there is a clear interest in participating on Tron’s network. Furthermore, Tron has also been the most active cryptocurrency on social media.

In addition to it, Tron’s CEO, Justin Sun, was able to reach half a million twitter followers, becoming one of the most important leaders in the cryptocurrency and blockchain space. When he reached this milestone, he asked the community what they want to see in the blockchain industry in the future. Moreover, he said that he will select 10 winners from the comments to receive a new swag collection.

Thanks #TRONICS for being part of our amazing community! Tell us what you are excited to see within the #blockchain industry or on #TRON platform in the future, and get a chance to win our new swag collection! I will randomly pick 10 winners from the comments. $TRX pic.twitter.com/TKVypIfehi

— Justin Sun (@justinsuntron) October 31, 2018

Justin Sun is a very recognized figure because he has achieved many things being so young. Additionally, he is also a close friend of Jack Ma, which allowed him to increase his credibility in the space.

Sun created the Tron network allowing creators to share their creations with the community without having to rely on Amazon, Google or YouTube to monetize their content. These creators will be rewarded in cryptocurrencies joining Tron’s network.

At the time of writing, Tron is the 11th most valuable virtual currency in the market with $1.48 billion dollars market capitalization. Each TRX token can be purchased for $0.022456 dollars, according to CoinMarketCap.

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