On Monday, Binance Info started off with its Gold Label Project in order to promote crypto projects that it considers the worthiest. As part of these projects, crypto platforms, including ICOs, will be widely covered for millions of users. The news, press-releases and other info on these projects will be confirmed by their platforms. All in all, 100 projects are going to be listed.
Tron gets there first
Justin Sun’s Tron has been the first project to be officially added by Binance’s Gold Label. It has gotten an appropriate verification for this. From now on, Binance users will receive timely updates on Tron, such as new information about the members of the Tron Foundation, spreading of TRX coins, etc. As part of the program, Tron has been granted the project’s ‘gold label’.
Presently, this Binance Gold Label Project is going through a trial phase. At this stage, the information submitted by projects will be getting verified by ordinary crypto users to ensure transparency of the project.
When coins are added, it will be the responsibility of their teams to update the data they will be sharing: data from the market, news updates, rating reports, etc.
Other spheres of Tron-Binance collaboration
It seems like Binance CEO Changpeng Zhao (CZ) and Tron’s founder Justin Sun are starting to become something like business partners. Today’s new collaboration is not the first time they have cooperated on a large scale.
A while ago, CZ participated at the UN World Investments Forum, where he reported the recent activities of Binance-based Blockchain Charity Foundation (BCF). This charity organization in particular has raised money in crypto to support the victims of a series of floods that took place in Japan over the summer.
The Binance CEO noted that Justin Sun had donated a large sum in crypto and also helped set up a fast and secure transaction system via the Tron blockchain, reportedly. In addition, Tron participated in raising more donations for the victims of the floods in Japan.