TRON Dapp Weekly Report: TRX Token Holders Can Now Trade American and Hong Kong Stocks

TRON Dapp Weekly Report: TRX Token Holders Can Now Trade American and Hong Kong Stocks
фото показано с : blokt.com

2019-2-18 14:59

Tron’s latest weekly Dapp report on Feb. 15 sheds light on how the blockchain protocol’s Dapp ecosystem is growing.

By the end of the week, Tron had more than 164 Dapps with over 400 smart contracts.

The number of decentralized exchanges (DEXs) has grown to 8.

Overall, there are 6 collection games, 3 candy projects, and 40 tool Dapps.

Tron’s Dapp Ecosystem Shows a Healthy Growth Trend

The number of accounts on the Tron MainNet has grown to 1.77 million, and the 24-hour number of transactions stands at 1.4 million.

Dapps contribute more than 67% of the 1.4 million 24-hour transaction number recorded.

“Tron’s Dapp ecosystem continues with a strong growth momentum with transaction volume growing continuously,” reads part of the report.

The report expects more quality and innovative Dapps to be developed, further expanding Tron’s ecosystem in the future.

Perhaps one of the major highlights of the week is that Tron launched HOX, a token stock platform that allows TRX holders to trade stocks in the U.S. and Hong Kong.

The report explains:

“HOX platform will open for the first time a Tron customized feature for TRX holders to trade American and Hong Kong stocks with the TRX tokens they topped up on HOX.”

This new feature makes it easy for TRX holders to buy quality stock assets without the usual hassles involved with stock trading. Users of the platform can quickly open an account and trade stocks 24/7.

The platform takes security seriously and has already obtained the New Zealand Stock Exchange license which is held by first-tier brokers.

The platform also uses SSL encryption technology for security and to gain users trust.

Selected Dapps of the Week

The first Dapp reviewed in the report is TronVegas, a gambling gaming platform credited for having the largest number of gambling games.

The games found on the platform include Dice, Crash, Roulette, DigiX, DragonTiger, and Mines. Mines is considered to be a small game but with diverse and complex results.

All the mentioned games are “PVE (Player versus environment) games of probability” but have unique gameplay and service fees.

TronVegas is a mature gaming platform that employs a token dividend model, chat system, and referral rewards.

The platform’s trading volume and daily active users (DAU) are ranked high on Tron’s Dapp list. TronVegas boasts of a peak trading volume of 600 million TRX.

The second Dapp introduced in the report is Planetcrypto. The game was originally built on the Ethereum platform, but a Tron version was launched during the week.

This is a collection strategy game that sees players own any part of the Earth during gameplay. Each land and building represent a collectible token that can be freely traded.

Users have to first buy land in order to have a higher Empire Score. Those with higher Empire Scores are entitled to higher gains.

The game supports hostile takeovers in which users can buy land from other users at double the price.

This increases the Empire Score of those buying the land and reduces that of the sellers.

The service charged in the buying and selling of land is regarded as land tax and distributed to all the game players based on their Empire Scores.

TRON Dapp Weekly Report: TRX Token Holders Can Now Trade American and Hong Kong Stocks was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

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