‘Migrate Your Token to TRON,’ Justin Sun Urges Developers
Projects, startups, and initial coin offerings (ICOs) should migrate their tokens from the Ethereum network to TRON, a top executive from the latter said.
On Twitter, TRON Foundation founder and CEO Justin Sun invited developers to move their projects to the TRON Protocol from its rivaling smart contracts and decentralized applications (dApps) platform, the Ethereum network.
In bear market, #Ethereum developers should migrate your token to #TRON immediately. 1. 0 transaction fee, no gas in #TRX. 2. Compatible to #ETH, 0 migration cost. 3. 2000 TPS. 4. #TRON dex listing. You can easily increase your token value 100% with High liquidity. $TRX
— Justin Sun (@justinsuntron) November 26, 2018
The University of Pennsylvania alumni even pointed out the advantages of TRON over Ethereum. Some of these benefits include zero transaction and migration fees, 2,000 transactions per second, and an opportunity to be listed on the TRON decentralized exchange, among others.
According to several dApp-tracking websites, dApps on TRON have outnumbered those in Ethereum in several metrics. The TRON’s top three dApps—TRONbet, TRONDice, and DiceBet—welcomed more users, as well as processed more daily and weekly transactions.
Today is November 27th 2018. One month after #TRON release #TVM. According to @DappRadar and @dapp_review, there are 20+ dapps built on #TRON. In December, we are expecting 80+ more dapps coming in the pipeline! 400% growth next month! #TRX $TRX
— Justin Sun (@justinsuntron) November 27, 2018
Meanwhile, TRON is also looking to win the hearts of dApp developers through its recently announced TRON Accelerator Program. In this program worth US$1 million, developer teams could send their TRON dApps from December 1 to January 4 for a chance to win the US$550,000 first place award.
As of November 28, Tronix (TRX), TRON’s own native token, is the 11th largest cryptocurrency with a market capitalization of US$68 million. TRX is trading at US$0.01287123 against the US dollar.