Tron (TRX) —The Up and Comer Cryptocurrency for Alibaba?

Following up on kazuo’s Noteworthy analysis on the blossoming new Blockchain Currency from Tron Labs

There’s no partnership yet, but Tron has a strong, well connected team in the Chinese entrepreneurial sphere, which certainly begs a second (or third) look.

Tron is a brand new promising Chinese cryptocurrency that has its sights set on being one of the largest currencies on the market, like Bitcoin, Ethereum and Litecoin. On New Years Day of 2018, Tronix overtook the top spot for volume traded on Binance for Alt Coins, including other major players Ethereum, Bitcoin Cash and Ripple. It made massive gains (over 30% in a day), showing real wind behind its sails as a cryptocurrency. It jumped from $.03 value to $.06 overnight. Then again, even further exponential gains on January 3. And that’s just so far.

While the Tronix Foundation does not yet have a partnership with Alibaba officially, its core team is well connected with the surging Chinese Tech giant, showing this as a real, growing possibility in the near future. Especially as it continues to show strong market confidence and community support.

Tron has a solid team, is showing promising growth as an entertainment crypto and looks like it is well established to become a strong foundation as it continues into the future. *Addition: This is, of course, if Justin Sun and the team handles its early press well and continues to grow their team and partnership portfolio consistently and wisely.

Alibaba

The Alibaba Group is a mega-tech-influencer in China. “Alibaba Group Holding Ltd. operates as an online and mobile commerce company. It provides online and mobile marketplaces in retail and wholesale trade, as well as cloud computing and other services. Its major businesses include Taobao Marketplace, which is a China’s online shopping destination; Tmall.com, a China’s third-party platform for brands and retailers; Alibaba.com, a global wholesale platform for small businesses; Alibaba Cloud Computing, a developer of platforms for cloud computing and data management; and Alipay, which is a China’s online and mobile payment solution,” (Forbes).

Key Connection #1

Jack Ma is the founder of Alibaba. Jack Ma is President of Hupan University, a highly selective school for entrepreneurs, which Tron’s founder, Justin Sun attended. Eric Rice’s article shows us a picture of Jack Ma and Justin together and tells us that Justin was actually handpicked by Jack Ma for this university.

Justin Sun has tech industry clout in his own right. He is the former Chief Representative of Ripple, another steady riser/waiting-in-the-wings cryptocurrency backed by Google Ventures that is poised to rise quite well itself throughout 2018 (it rose a staggering 35,000% in 2017, according to Reuters).

Justin also is the Founder of Peiwo, a leading Chinese audio content community with 10,000,000+ users.

He graduated from the highly prestigious Penn University before heading to Hupan University.

Key Connection #2

Former Alibaba Chief Data Mining Expert Zhao Hong joined Tron, as of December 30, 2017.

Zhao shows experience and as Sun says, will help to draw engineering talent to the Tron Foundation looking towards the future.

Key Connection(s) #3

The Tron team is packed with influencers in the Chinese Markets.

*Weixing Chen is the Founder of Kuaidi, which is “Chinese Uber”. Also an attendee of Hupan University, giving him the Jack Ma Alibaba connection.

*Wang Lifen, who is listed on the site as a “famous media personality who made Jack Ma famous in the early 2000s”. Again, more strong Jack Ma connections.