Flipside Crypto issued an in-depth report on Tron in hopes of answering a question that many critics in the crypto space have asked: “Is Tron a scam?”
Tron’s vague past
The report begins by reworking the story of Tron’s questionable origins – from the plagiarized whitepaper to the promise of $ 20 million has never been fulfilled. However, the report came to an unexpected conclusion:
“Turns out, looking at the positive TRX supply for the past 30 days shows a very healthy and positive ecosystem.”
Source: Flipside Crypto.
The report notes that users are staking, both whales and professional users are using decentralized applications, TRX is traded on decentralized exchanges, and both node executives and voters receive rewards. Finally, perhaps, the most important conclusion is that the TRX supply is not concentrated in a few large wallets, but is evenly distributed.
The researchers claim that Tron is “more real” than 90% of the blockchain projects they have reviewed:
“But what if that’s just the intellectual snobbery in the space focusing too much on Twitter trolls, and not enough on TRON’s successful business model? The facts are there to prove that TRON is a real business. Probably more real than 90% of blockchains we have reviewed.”
It is unclear whether the positive conclusion of the report will convince all those in doubt, but perhaps, this is the case without consensus.
Read more:
- Justin Sun Announced That The Highly Anticipated TRON 4.0 Will Be Launched On July 7th
- Tron Network Has Reached A Major Milestone With 6 Million Addresses Registered