6. Crypto Corporates and the Telegram magic

So let’s suppose that TRON is performing well, numbers are concrete, community really works and the system has elegant performing algorithms which can support free-cost transactions thanks to a good looking vision of a young CEO. Now the question is:

What business cases are really tangible today and how community is actually extracting value from this growing system?

These days, the ecosystem is rapidly expanding following two ways:

#A : decentralised app development, based on new TRX tokens (so called TRC tokens), and new TRX crypto-corporates born from scalable business models ;

: decentralised app development, based on new TRX tokens (so called TRC tokens), and new TRX crypto-corporates born from ; #B: Telegram boosting factor, enlarged by an open platform which aims developers to build valuable business applications for early adopters, helping them to make the community stronger.

Let’s go into details of the two catalysts.

#A: New TRX crypto-corporates in the DApps Era

As well as ICOs were the main topic during the rise of Ethereum in the last two years, at the same time DApps are actually challenging the status quo on TRON Blockchain, giving to the market lots of new enriched functionalities. Let’s put in concrete examples:

— [SEED] SESAMESEED (Sesameseed) — A community-built organization, fairly and transparently distributing 80% of Tron rewards to its voting members

Sesameseed is a Tron Foundation Super Representative candidate who runs a node on the Tron Network to provide a voice for the Tronics community.

As mentioned in the chapter 3, Super Representatives creates new projects and release to the network a proprietary token which is needed to run services on their platform. For example, Sesameseed has build a Germinator, which is described as “an accelerator for developers seeking to create DApps, tokens and technology, a crowdsourced venture capital arm where projects are granted access to an active and dedicated community, and funding from the 10% node reward, reserved for community voting”.

> By freezing your TRX tokens you vote for them, you receive a reward in SEEDs and you can decide to sell them on the market or invest them to feed new ideas in the Germinator, which can consequently release their token to run their services (depending on their rewarding system).

Actually, Poppy (payment processor for POS), TronWatch (Decentralised Exchange for TRX tokens) and Eggies (dApp virtual game) are the main three projects which were funded through this germinator.

— [IGG] INTERGALACTIC GAMING (Intergalactic Gaming) — Digitalise & Tokenise the Competitive Gaming (#esports) Economy

Intergalactic Gaming (IG) is a UK based esports organisation that aims to connect the world through the love of gaming and esports.

The project tries to create one of the principle competitive gaming ecosystem, nourishing the esports industry leveraging on billions of gamers around the world. In IGG’s vision, the ecosystem is seen as a plance where all participants are fairly rewarded for the value they add, regardless of age, gender or skills level.

— TRONCHAT (tronchat.io) — Where Instagram meets Venmo which meets at the same time Telegram

The all-in-one formula which combines Instagram (social), Telegram (chat) and Venmo (payments) is given the birth to TronChat dApp, the official first concrete step to enter into the Social Media 4.0 era, enhanced by the fourth building block: TRX reward as incentive for users.

Put yourself in the final consumer perspective, take Instagram’s functionalities as a social media and photo sharing platform and combine those offered by Telegram (opensource chat and integrated apps/games). Now take in addition the sharing payments power of Venmo and mix all the mentioned factors with a final incentive monetary block: the result is a Social Media dApp built on Tron, which rewards you in TRX for using the app itself.

Here’s a short list of the main functionalities that this new coming economy could potentially enable:

Opening Messages : you get a reward by opening ads or answering questionnaires (the more remunerative, the more visibile will be the ad);

: you get a reward by opening ads or answering questionnaires (the more remunerative, the more visibile will be the ad); Subscribers : charge users to Follow You; this will reward influencers and lead to premium generated contents;

: charge users to Follow You; this will reward influencers and lead to premium generated contents; Premium Content : charge users to view select and exclusive media, against the other ones which accessible to everyone for free;

: charge users to view select and exclusive media, against the other ones which accessible to everyone for free; Money exchanging (and tipping): you can receive monetary tokens from other users instantaneously thanks to Bots designed to perform efficient and low cost transactions;

App is actually under development and, hopefully, will coming in the next months (60% completed).

#NICETIP: link to the official : link to the official TronChat article on Medium

#B: Telegram Channels, Bots, Airdrops and Exchanges

As a direct consequence of the TRON Virtual Machine release, the community of supporters started to follow the main topics on Telegram channels created by projects developers which acts as moderators.

Thanks to its open source model, Telegram offers the possibility to integrate Bots into chats, which are able to automate human behaviours and easily moderate the conversation.

* Telegram TRON BOT: GoSeedit

One of the most clear example of integrated Bot on Telegram could be found in the GoSeedit project.

GoSeedit aims to help users to send TRX and related TRC tokens to other Telegram users through simple /commands.

If you message the Bot on Telegram, a menu will guide you to choose whether to see your balance, know your TRX blockchain address or show the private key that can be used to transfer tokens outside Telegram.

The power of this Bot is that can be easily integrated in Telegram groups and with specific commands can automate — in chat — the transfer of tokens from a user to another without knowing the destination address.

EXAMPLE:

[Group Chat] is formed with [Guest A] , [Guest B] and [GoSeeditBot] ;

is formed with , and ; [Guest A] writes any kind of message;

writes any kind of message; [Guest B] replies with the “/tip 1” rule;

replies with the “/tip 1” rule; [GoSeeditBot] replies with an automatic transfer of 1 TRX from [Guest A]’s address to the one belonging to [Guest B];

By texting for the first time to GoSeedit, [Guest B] will be able to see his new generated address along with the updated balance of 1 TRX. From this point, every transaction on Telegram performed by the Bot from/to [Guest B] will use his new and unique already generated address.

As well as TRX, the same principle can be used with any token based on Tron blockchain. For example, to send a SEED to another user, you just need to reply to any of his messages with “/trade 1 SEED” command.

* Telegram Airdrops Parties

Leveraging on the same principle described above, administrators of the chat (which are generally the founders of new TRX tokens projects) — in order to sponsorise their project — can create “chat events” called Airdrops, where they distributes a specific amount of a specific tokens (TRX, SEEDs, etc) to a specific number of random active members inside the chat thanks to the “/airdrop 1000 SEED” command.

Principle is simple: the more chat you partecipate in, the more likelihood you have to receive tokens for free.

* Telegram Exchanges Groups

As well as collecting Tron tokens, users can also exchange them at a specific market ratio. Because of the actual lack of decentralised platforms, each trade happens inside specific chats, leveraging on GoSeeditBot which can automate and guarantee the trust between the parties and the related transaction validity.

For example, to make a sell or buy offer, users can write into the “TronCollectors” chat a bid/ask message following the reported formulas:

“#autosell 1 SEED for 5 TRX”: if someone replies “/trade” to this message, the bot will automatically swap 1 SEED and 5 TRX from an Account A to Account B and viceversa (sell concept);

“#autobuy 60 IGG for 1 TRX”: with the same method, the bot will automatically swap the mentioned quantities from the Account A to the Account B and viceversa (buy concept).

#NICETIP: If you want to read how I felt during my first crazy airdrop experience on Telegram you can find the : If you want to read how I felt during my first crazy airdrop experience on Telegram you can find the article here

Conclusions: a bright future ahead

Having told these six considerations, the actual growing market addresses four key points that should be taken into account for the near future:

The born of Decentralised Exchanges could can make a huge impact on TRON tokens adoption thanks to a more efficient and simple way to manage, obtain and exchange this assets; The rise of TRX tokens will possibly consolidate the whole Tron Network, which could gain even more consent among developers and supporters; Along with the new born TRX tokens, there will be a huge natural selection and just few of them will keep growing, if they will show solid business case foundations; New decentralised applications with real innovative business scenarios could open and explore new markets (es. social media and advertising 4.0, new forms of gambling, more efficient payments methods, etc), making a concrete step for blockchain adoption boosting and showing the real value of this technology.

What if…I wanna join the network?

Few links below to keep the starting process simple:

[LINK #1] — Official TRON Blockchain scanner

[LINK #2] — How to setup your first crypto wallet (official article by TRON Foundation)

[LINK #3] — Start with airdrops from Tron Bank chat on Telegram

…enjoy!