Tron Steps Up Its Blockchain Game with CoinPlay Acquisition

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Thu, 03/28/2019 - 19:57
Alex Dovbnya
📜🎮Tron continues building a decentralized interest with CoinPlay representing a Blockchain-based version of conventional app stores
Tron Steps Up Its Blockchain Game with CoinPlay Acquisition
Cover image via U.Today
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Tron has recently made an announcement about the acquisition of Blockchain-based app store CoinPlay that is expected to give a sizeable boost to the project’s ecosystem. The two companies will make it easier for users to find and download different dApps.

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All dApps in one place

The Google Play Store has managed to rake in a staggering $24.8 bln in 2018. With a plethora of different apps that are available in conventional app stores, it is rather challenging to find any dApps, which is one of the reasons why they are struggling with adoption. CoinPlay alleviates that task by creating a platform where different categories of dApps (games, Blockchain software, etc.) are gathered in one place.

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A boon for decentralization  

According to Tron CEO Justin Sun, their latest acquisition will help them serve the Blockchain industry in a better way. CoinPlay makes it easier for uninitiated users to dive into the world of decentralization.

On Mar. 27, BitTorrent, which was acquired by Tron in June 2018, announced the launch a P2P-based live streaming service that will on BTT payments.

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.