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TRON [TRX] and BitGuild set to revamp the gaming industry together!

Sthuthie Murthy

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TRON [TRX] and BitGuild set to revamp the gaming industry together!
Source: Pexels

Gaming and virtual currency industry veteran Jared Psigoda leads BitGuild which is a blockchain gaming platform. Earlier this week, he had announced a new cooperation with TRON which is also a blockchain based protocol. TRON shares the vision of building a worldwide free content entertainment system just like BitGuild.

In addition to the earlier news about BitGuild and TRON published a week ago, here are the latest developments.

The buying of in-game items concept has been swirling around long enough making it ubiquitous for gamers. But every time there is an open opportunity to buy objects with real money, it is a greater opportunity for hackers, scammers, frauds, and duplicators. This is where blockchain plays a major role in providing a robust environment. It is a great way to prove item ownership making the transactions transparent, recordable and verified.

The world’s 14th best coin, TRON [TRX] is trading with a value $0.036852 and has gone down 3.99% just like every other coin in the market. But market analysts are positive that this coin will gain its momentum really quickly.

The TRON community will gain some unique set of limited – edition – in-game assets from the partnership with BitGuild. These can be purchased using TRX tokens which will be available on the BitGuild virtual platform in the coming days as stated by the company.

Patrick Edwards tweeted to VentureBeat:

“This is a genius idea! It has that Sword Art Online feel of just being able to transfer your character to another game. I can absolutely see the value in this! Love the idea of in-game purchases forever belonging to the rightful owner.”

Psigoda stated:



“We have been following the Tron project for quite a while and realize that they have one of the most active and engaging communities in this industry. The Tron community is young and tech-savvy, making them perfect partners for us to cooperate with on gaming projects.”

Psigoda continued:

“We believe that in the current market environment, the era of ‘white papers and grand visions’ may be coming to an end, and the time has come to develop real applications on top of this amazing technology for end-users to interact with.”

Gamers have always been pioneers in picking up new technologies. This, educating new users on the blockchain technology and cryptocurrency could be beneficial to the industry.





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Sthuthie Murthy is a full-time reporter at AMBCrypto. She has been researching and writing about the Blockchain technology for a year now. Her passion for blockchain has led her to be a part of AMBCrypto's news reporting team. She does not hold value in any cryptocurrencies currently.

Bitcoin

Bitcoin’s [BTC] biggest threat is its users, not governments, says Bitcoin.org’s Cobra

Febin Jose

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Bitcoin’s [BTC] biggest threat is its users, not governments, says Bitcoin.org’s Cobra
Source: Pixabay

Bitcoin [BTC], the world’s largest cryptocurrency, saw a significant surge earlier this month, helping the coin break strong resistance at $5,000 and $5,200. Following the great fall of the king coin in early 2018, the Bitcoin ecosystem was struggling with scalability and technological issues, eventually leading to the hard fork.

Bitcoin.org’s Cobra, who is also the co-owner of Bitcointalk.org, has always maintained that Bitcoin was the cryptocurrency to look out for through his various Twitter bouts with prominent personalities in the cryptoverse. Due to his strong, unbridled support for Bitcoin, he has often trashed altcoins for their low market dominance.

In a new Twitter thread, Cobra spoke about the “biggest threat” to the Bitcoin ecosystem. Even though many crypto-enthusiasts believe that governments and technological issues were the biggest threats to the king coin, Cobra had a completely different opinion.

According to the Bitcoin maximalist, users have the potential to signal Bitcoin’s doom. His tweet read,

Source: Twitter

Source: Twitter

Though most Bitcoin supporters usually support his opinions, this tweet was met with a lot of resistance. Twitterati swarmed the thread in an attempt to prove him wrong. A user named @MrHodl alleged that this could not be true as Bitcoin had “no community.” He added that this, in turn, prevented toxicity in the ecosystem.

Cobra replied to the tweet stating,



“I think there is a community, it’s just not fully representative of everyone with a stake in Bitcoin. Most holders are quiet and not too familiar with what’s going on. There’s people with 1000+ BTC and they don’t engage at all with discussion platforms, just lurk.”

Some Twitter users took it as an attack on Bitcoin investors and opposed Cobra’s stance. A user @CarstenBKK commented,

“Maybe I am lost in translation. What do you wanna tell us? That you are part of Bitcoin network of people owning/using it, but you are just disgusted by the idea, that the network is called community in the sense of direct human collaboration and affection to the groups ideals?”

Previously, Cobra had accused Twitter’s Jack Dorsey and Square Crypto of pandering to Bitcoin users, while also suggesting that the crypto project was merely a way to bring in more users for Dorsey’s CashApp. His tweet read,

“Gotta respect how hard @sqcrypto is pandering to Bitcoiners. Very clever how @Jack has embedded himself in the community; in return the community promotes @CashApp, which gives that service a small but dedicated and activist group of early users.”





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