- TRON has announced its acquisition of CoinPlay
- CoinPlay is the world’s first blockchain App Store
TRON has been very busy in the last few months, with their native token being used by Travala and the announcement of their privacy upgrade. It seems that the busy streak isn’t ending anytime soon as on March 28, 2019, the TRON foundation announced that the project has made yet another acquisition, this time of CoinPlay.
This acquisition makes TRON the new owner of what is the world’s first blockchain-based App Store. This move isn’t entirely surprising as dApps have been getting much more attention and are said to be the next big thing to replace traditional applications. TRON is already one of the biggest platforms for dApps development and it seems they plan to stay ahead of the competition.
TRON, in their announcement, reiterated their goal of creating a full decentralized Internet. While this is already been achieved through cryptocurrency, dApps are another piece of the puzzle that mustn’t be ignored.
For blockchain enthusiasts, this could be a bit difficult. This is because many of the major app stores do not carry dApps and so, they are left trying to find safe and reliable download stations, which can be tricky.
With CoinPlay, this problem is solved and the market will be catered to. The CoinPlay marketplace offers blockchain Apps, software, games, and dApps. Along with this, practical guides, browser navigation, ratings, and indices of major currencies will also be offered.
TRON has also said that in the future, multi-platform multi-currency real-time quotes, multi-platform transaction volume/transaction price, and GitHub queries will be supported. Needless to say, CoinPlay will have a bit of everything.
This new acquisition falls in line with TRON’s other big plans for 2019:
“TRON recently completed its MainNet upgrade v. 3.5. As a blockchain-based entertainment ecosystem, we will continue focusing on content and entertainment. The recent acquisition of CoinPlay aims to better serve the blockchain industry. The year 2019 will be the year of exponential growth for the TRON ecosystem.”
Besides this, TRON has also announced the launch of their USDT tokens and BitTorrent Live, a video-based social media platform.