What is TRX

TRONIX is the Official Token of TRON. Tron is a blockchain-based decentralized protocol project that aims to be a revolutionary content distribution platform for digital entertainment. with it’s intention of healing the internet Trons current CEO Justin Sun, describes the aim of the project as “the construction of a global and free entertainment and content ecosystem, in which creators have the power to freely publish, store, and own their content, interacting directly with consumers thanks to the decentralized issuance, circulation and trading of digital assets” To achieve this goal” they claim the Tron Protocol offers “scalable, high-availability and high-throughput support that underlines all the decentralized application in the Tron ecosystem” Tron ICO was in September of 2017 and managed to raise $70 million. The platform's token is the Tronix (TRX). The coin has been trading since September 2017 reaching its highest market TRX price at $0.30 on January 5th 2018 with a maximum market cap was $19.7 billion that day