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Tronix (TRX) Logo
$ 1.31 B
TRX 6.39 B
~ 99.14 B
Total Coins Mined
~ 66.75 B
*General last updated 08/07/20 8:07:49 PM
Wavefield Tron, founded in 2017 by a young Entrepreneur Sun Yuchen, aims to build a decentralized entertainment content sharing platform. Their ICO launched on August 3, 2017, and ended on September 2, 2017, raising 100% of their fundraising goal which was set at USD $70,000,000, making 40% of their total supply listed above available for investors.
Tronix’s decentralized platform and distributed storage technology will enable digital content creators to cut out the middlemen and be able to obtain funds directly from their consumers.
Since 2017, the Wavefield Tron team has grown to over 70 associates, ranging from product development, operations, and human resources. They have been able to build a solid team with years of experience Fintech and Blockchain.
Sun Yuchen (Justin), born in 1990, was the former Chief Representative of Ripple in Greater China. Named in Forbes Asia 30 under 30 entrepreneurs in 2017, and Forbes China 30 under 30 in 2015 and 2017.
Their CTO Chen Zhiqiang has mounted over 10 years of experience in machine learning, artificial intelligence, and advertisement systems by serving in the front-lines of internet companies such as Tencent, NetEase Youdao, and Shenma Search.
The majority of user data is controlled by a handful of corporations like Facebook and Google. Tron aims to relieve this control of data by giving the ownership to its creator. Tron plans to go from a free platform for peer-to-peer distribution, storage in content built in 2017. To their final stages, decentralizing the gaming industry and giving developers the freedom to build gaming platforms and in turn receive monetary incentives through the establishment of such developments.