Justin Sun Announces That Tron (TRX) Will Surpass 200 dApps Shortly – The Tron Accelerator Is Involved

Back in October 2018, Tron activated the Tron Virtual Machine (TVM), and since then, the amount of smart contracts has continually increased at a really fast pace.

Since the activation of TVM, 3,856 smart contracts are reportedly currently live on the network. These contracts have been triggered 134.2 million times which is quite an achievement.

dApps on Tron network

The number of dApps on the Tron network continues to increase on a daily basis, and Justin Sun made sure to note this on his Twitter to make the community excited.

Someone who was really excited about the news commented: “Long term investor here and user of the Tron platform love it 😍 #tron awesome stuff @justinsuntron.”

There were also the naysayers present in the comments section and one of them said: “Until we get relevant real-world applications using #Tron, such little progress are only gimmicks and nothing else.”

This is the response the user got: “Any progress is not “gimmicks”… what do you think project Atlas is.”

Tron Accelerator

The number of dApps will soon increase due to the ongoing Tron Accelerator plan with $1 million in prizes.

The accelerator was launched back in December 2018 and plans to empower developers and startups to develop dApps on the Tron protocol.

The breakdown of the $1 Million will be distributed is as follows:

  • $200,000 for the 1st Prize Winner
  • $100,000 for the 2nd Prize Winners (2)
  • $50,000 for the 3rd Prize Winners (3)
  • 8 Special Prizes worth $30,000 each. A total of $240,000
  • 42 Finalist Prizes worth $5,000 each. A total of $210,000

“As TRON Accelerator results coming out, we have emailed winners with prizes, moving forward, we will announce a list of all winners through the website and other PR channels, please stay tuned,” the Tron Foundation notes.

The first three winners will have the great chance to attend Tron’s two-day developer conference niTROn Summit.

Author: Andreas Townsend
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TRON Releases Weekly Report, TRON Ecosystem Co-Builder Plan Will Be Launched Soon

The Tron Foundation released the international version of its weekly report in multiple languages, summing up its activities for the week.

The Tron Foundation recently released the international version of its weekly report in which it detailed the technical projects and community development efforts it has been working on. The Foundation revealed that tests for a multi-signature wallet are in progress. It also talked about the Tik Tok contest, recent meetups with university students and the Tron Ecosystem Co-Builder Plan which could come to life soon.

Development and Community Efforts
Tron has completed the work on optimizing the logic of synchronization module and improving message processing. It has now also achieved dynamic changes of resource ceiling. Work is underway for a multi-signature wallet and node merge, allowing full nodes to provide interfaces for SolidityNode.

During the week, Tron also announced the Tik Tok contest for its global user base, dubbed “Duet with Justin Sun.” The event is giving away prizes worth 10,000 RMB to the winners. The Tron Foundation also reached out to the students of China’s prestigious Peking University, organizing an event titled “Tron to the Future: Blockchain Technology and Ecosystem” in association with global blockchain game incubator platform DOGI. Over 200 students attended the meetup.

Helping to Create a Better Tron Community
Tron Accelerator program, as noted by the Foundation will be fostering innovation and awarding 56 teams, with the winner getting a prize of $200,000. The website of TRON Accelerator Developer Contest was viewed 7300 times and over 100 teams, and individuals have signed up already.

One of the most interesting developments is the Tron Ecosystem Co-Builder Plan (ECP) which will be launching soon. Tron did not specify a launch date for the plan but suggested that it would help Tron based startups, freelance developers, dApp developers and more by providing them a long-term platform to communicate and co-operate with the Tron Foundation.

To help foster more innovation, Tron has announced the establishment of the Tron blockchain game fund, Tron Arcade, which will invest over $100 million in the next three years.

Apart from this, Tron’s mainnet version 3.2 has been launched, and Tron now has over 1200 developers in its Discord group. A detailed version of the report is available on Tron’s Medium page.

Author: Viraj Shah
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