Blockchain Technology

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How to Launch an NFT Standard Protocol on Tron

"The TRON has generated its revenue more than 30% during trading in recent times. The new non-fungib...

"The TRON has generated its revenue more than 30% during trading in recent times. The new non-fungible token is introduced in the TRON blockchain. The NFT standard protocol on TRON in blockchain platform is transforming the entertainment and media industry by eliminating intermediaries between content creators and consumers. Instead of paying the streaming service to watch a movie directly, pay the production company and eliminate the third party interference to reduce the commission fee of users and increase the producers economy."

TRON has recently revealed its first NFT standard protocol, TRC-721, in December 2020. The building of NFT on TRON for TRC-721 token has opened vast opportunities for new blockchain applications present in the platform. The NFTs hold details such as token-holders ID, metadata, file links and other information recorded in its smart contract, and it's the main reason for non-exchangeability. TRON's use in NFTs is enormous compared to other big projects like DApps since it creates a big difference in economic value.

Read more at: https://dev.to/amvanessajane/how-to-launch-an-nft-standard-protocol-on-tron-kem

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NFT on Tron Network: A Beginner's Guide

NFTs are growing potentially in all their possibilities. The creative minds empower NFT with crazy innovations, and that achieves great success and trends in the NFT market. Such innovations leave the footprint for the advancement of upcoming innovations in NFTs. The feature of Unique tokenization paves the way for tokenizing all the items, which a user feels unique. These unique NFTs add intrinsic value to the assets which attract the user to purchase your unique NFT in millions.

TRON NFT platform development facilitates you to improve your NFT platform’s performance at low gas fees, which also increases audience traction towards the platform for its higher throughput.

Read more: https://medium.com/security-token-offering/how-to-build-nft-on-tron-network-a-complete-guide-6fe92219f272

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Building Your TRC-721 Token

Embrace your blockchain business growth with TRC-721 token development

“TRON has released the information regarding the new TRC-721 token development and NFT standard. It contains technical supporting documents of TRONs NFT and has created wide opportunities for the platform to be built on TRON blockchain.”

The TRC-721 is a standard interface that provides NFTs in the TRON network, and it is compatible with ERC-721, a standard that creates NFT on the Ethereum blockchain. The NFTs issued on the TRON blockchain, processed by extension of the TRON link in chrome and require a minimum balance of 350 TRX in the account to give NFTs. Customization of the name and symbol of users in the token is possible when it is issued.

The TRON is a new concept of NFT standard for TRC-721, derived from the crypto blockchain project. The TRC-721 holds a unique identity and enables to move collectibles with the same value without any changes. Creating TRC-721 token standards will replicate the same as tangible assets in the real world. The TRC-721 holder gains ownership of the token and has privacy control over their data from a hack or vulnerable activities.

Read more - https://medium.com/security-token-offering/how-to-create-a-trc-721-token-beginners-guide-8d6a4eebd2e1

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How to Build NFT on Tron Network: A Complete Guide

Build Your NFT in Tron to Experience Its Signature Features and Staggering Benefits

NFT is experiencing its surge in the past few months with its phenomenal services. Its audience interest in collectibles opens the way for unique NFTs and its market visibility benefits the growth in every industry. Serving the creative medium, the attraction towards the NFTs from creators like artists, game developers are high, surge traffic and interest towards NFT makes the market heavy, which is also intended to experience the flaws in NFTs too.

TRON is a prominent blockchain network that introduces a new standard for NFTs to mitigate the flaws in the existing NFT standards. The NFT standards improved by TRON are expected to offer higher throughput in the network by managing traffic with its performance speed. Also, the NFTs peculiar characteristics enable the NFT to act as a valuable asset that opens the door for DeFi to offer its services with NFTs. The exchange platform in DeFi makes its move towards NFT by accepting NFT as collateral assets for its unique value proposition.

Read more at: https://medium.com/security-token-offering/how-to-build-nft-on-tron-network-a-complete-guide-6fe92219f272

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Create TRC20 Token: A Detailed Explanation

This blog explains the phenomenon of how to create a TRC20 token and it includes all the benefits and the various factors to take into account while creating TRC20 token on the immutable Tron blockchain network.

TRC20 token is a technical standard based on the implementation of the smart contracts when using the TRON network to issue a token. It is fully compatible with Ethereum’s ERC20. A TRON address with a smart contract will be required for creating a TRC20 token. A TRC20 token can be traded on the leading exchanges in the market, can be offered in a firm’s ICO crowdsale, in DApps as a payment method, and for developing your own projects. TRC20 tokens cannot be accessed via API and have bandwidth costs for API transfers and deposits made by users. TRC20 tokens can be used for facilitating conditional and instant transactions. The bonus distribution system works on a first-come-first-serve basis. It has a higher energy level and bandwidth capacity than the TRC10 token.

Read more at: https://medium.com/security-token-offering/a-detailed-explanation-of-how-to-create-trc20-token-410a814dbd21

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Analyzing The Future Of Tron (Trx)

TRON has an exciting future due to the unique project that it is de veloping, a decentralized internet protocol, challenging the status quo of the centralized technology companies. It offers a cryptocurrency named Tronix (TRX) at $0.026 with a market cap of $1.8 billion. TRX coins cannot be mined by anyone.

Apart from content sharing, it can handle credit sharing, payments, and storage worldwide. They are dominating the DApps market by giving stiff competition to Ethereum in the gaming and gambling industries.

Creators are rewarded with profits, voting rights, and periodic payout of dividends as their content in the form of audio and video is monetized on the TRON platform. Their data is secured cryptographically via the immutable blockchain network.

It offers a plethora of advantages as it permits the spread of data without any restrictions, the transactions taking place on a public ledger can be easily tracked without facing any barriers. It has a higher transaction speed and offers lower transaction fees when compared to other networks like EOS and Ethereum.

It has a 10-year long roadmap till 2027 with six different phases namely Exodus, Odyssey, Great Voyage, Apollo, Star Trek, and Eternity. After acquiring the famous decentralized file-sharing protocol, BitTorrent in 2018, TRON has entered into partnerships with some big names such as oBike, Baofeng, and Game.com

Considering the fact that it emerged only three years ago, it has grabbed the 16th spot in market capitalization. Since the global entertainment industry is growing rapidly capturing the interests of a sizable world population, TRON is all set to make further inroads in the industry and will witness a huge increase in its price if it executes its planned six phases successfully along with strong marketing campaigns.

If you are planning to create a cryptocurrency like Tron or want to create your own cryptocurrency exchange, associate yourself with the result-driven cryptocurrency exchange development company that allows you rise to the highest echelons of the fintech world.

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Real Estate Tokenization refers to the division of a property into tradable shares or digital assets on a blockchain network.

Real Estate Tokenization refers to the division of a property into tradable shares or digital assets on a blockchain network. Many countries and regulatory bodies are making legislative changes to create a friendly business environment for the digitization of real estate assets.

Read more at: https://readwrite.com/2021/03/23/real-estate-tokenization-a-brief-guide/

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Factors to Consider Before Opting for Solutions from ICO Development Company

As the demand for ICO (Initial Coin Offering) soars due to the need for fundraising at a reasonable cost, there is a need to implement proper criteria for fetching profitable solutions. ICO’s provide a plethora of benefits as there is a higher level of transparency, elimination of third-parties and it is very secure as it is protected by cryptography.

Follow the Below Mentioned Steps for Selecting the Best ICO Development Company

Check their prior experience - Go through their completed projects and experience that they claim to possess. Since ICO development is a specialized task, analyze the frameworks used by the developers previously.

Undertake some research - Read through the reviews already given by investors on social media platforms and discussion forums. Positive feedback would be encouraged. Verify the uniqueness of the published text.

Team up only with registered companies - Do not take shortcuts by teaming up with unregistered companies as the tactic will backfire in the long run. Check the location where the company is registered. Try to visit them personally if possible.

Communication - State your requirements in advance to the firm. Make sure that you constantly interact with them during the different stages of the project.

Services offered - Ensure that the company you are partnering with provides a range of services such as token creation, wallet integration, smart contract development, whitepaper preparation, listing assistance and marketing guidance.

 Apart from prioritizing features like security and customization, look at their overall technical expertise and responsiveness in implementing different solutions for your business.

While experienced developers are needed, 24x7 technical support in multiple languages would also be required. Ensure that the project is delivered on-time for seamlessly integrating it in your daily operations. Ultimately, it must add value to the existing business and enhance the engagement with the potential investors.

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Blockchain App Factory is an advanced ICO Marketing Agency with extensive experience in marketing numerous ICOs successfully. Our cutting-edge ICO marketing services include PPC, PR, SEO, ORM, Social Media, Content Management etc. Our adept ICO marketers offer the best solution for ICO promotion

ICO marketing is an essential part of every project. It involves promoting the benefits of the tokens to the prospective investors. Since it has become the numero uno option for capital raising in an organized manner, marketing becomes crucial to fulfill all the objectives that the project seeks to achieve.

What Are the Key Components of the Initial Coin Offering Marketing Checklist 2021?

Social media engagement

Cryptocurrency forums

Whitepaper preparation

Use ICO Calendars

Utilize paid advertising

Indulge in Email marketing

Influencer marketing

Organize Airdrop and Bounty programs

Involve in Search Engine Optimization

Report preparation

Share press releases

Community management

Online reputation management

Read more in detail: https://morioh.com/p/0ab76f8ad4b3

[ivanessajane]

Obtain Credit Without Any Intermediaries Via a DeFi Development Company

The benefits of dealing with a DeFi development company includes automated liquidity, flash loan disbursal facility, 100% control over the funds for the users, an unhackable and scam-free platform, immutability, pseudonymous execution of transactions, low transaction fees due to the presence of robust smart contracts, interoperability, maintenance of a high level of transparency due to the availability of the distributed ledger, and absence of middlemen.

As a well-known DeFi development company in the industry, Blockchain App Factory has helped numerous startups, entrepreneurs, and corporate houses to fulfill their business goals successfully.

The services include smart contract development, DApps creation, lending, and borrowing platform development, decentralized exchange development, building tokens, wallet integration, synthetic asset creation, provision of insurance, lottery system development, decentralized fund management, and consulting on market making.

Choose Blockchain App Factory as they have a knowledgeable team of blockchain engineers and architects, ensure prompt delivery of the project without imposing any hidden charges, offer extensive post-sales technical support along with digital marketing services.

[ivanessajane]

The Best ICO Community Management Agency in the Industry

Blockchain App Factory is a renowned name in the field of ICO marketing. Their community management strategies include building trust in the minds of your target audience. The main objectives of their community marketing are to get feedback, to know your target audience better, and ensure direct contact with consumers.

Their Services in Community Management Include

Community outreach - They establish a strong connection with various forum communities and initiate insightful discussions on top-notch sites like BitcoinForum, Cryptocurrency Talk, and Crypto Junctions. This will help in achieving the desired results successfully for the enterprise.

Brand loyalty - They assist in building a loyal following by making customers feel like an integral part of your community with the generation of consistent brand promotion material.

Social media engagement - They help in boosting your visibility across all the major social media platforms by actively participating in different discussions. They have a dedicated social media team for doing this task effortlessly.

Regular content creation - They have a set of content creators who publish content in different mediums like blogs, videos, newsletters, and articles to keep your users highly engaged. The marketing team will monitor the traffic generated continuously.

Distribution of badges and rewards - To attract more prospective investors into your platform, they ensure that attractive incentives are given out in the form of custom badges and rewards. This will drive a positive buzz around your ICO in the market.

Organizing competitions and group activities - They help in building a strong community by encouraging people to participate in various group activities or directly compete against each other through quizzes and games. This will help you to see quick results.

Choose their community management services wholeheartedly as they value the confidentiality of your project, are result-driven, have a skilled team for organizing massive ICO marketing campaigns, appoint a dedicated project manager to share timely updates, and render 24x7 extensive technical support in multiple languages.

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The Most Viable DeFi Projects Currently Being Implemented

The DeFi industry has already amassed more than $12.8 billion in funds showcasing tremendous growth and optimism. It helps in democratizing access to the basic financial services by bringing them closer to the mass market.

Some of the Projects on Which High Hopes Are Expected Are

DIA (Decentralized Information Asset) - It is a Swiss open-source blockchain project which distributes governance tokens to its users. Crowd-verified price data will be made available for different DeFi applications and digital assets. The price feeds can be accessed via API’s or oracles. It has been listed on the top exchanges like Binance, OKEx, and Uniswap.

Orion Protocol - It emerged in the form of a dynamic coin offering. They build B2B and B2C solutions on liquidity aggregators. It is available for trading on cryptocurrency exchanges like Kucoin and Bitmax. Private keys will be used to access the users’ funds and the liquidity of centralized, decentralized, and swapping exchanges will be available on the platform. The trading fees are very low with zero chances of slippage.

Compound - Its native token named COMP witnessed a huge rise in value this year. Users can earn interest or borrow different assets against collateral on an Ethereum blockchain network using a well-defined money market protocol. The interest rates are determined by market demand and supply. It is financially backed by Coinbase and secured by the OpenZeppelin security audit. It can be traded in the leading crypto exchanges in the market like Binance and OKEx.

Uniswap - It is a unique type of decentralized exchange as it uses incentivized liquidity pools instead of order books. ERC-20 wallets are utilized by users to trade their digital assets. Liquidity providers earn 0.3% fee on all trades proportional to their share of the pool. There is a governance token named UNI authorized by the Uniswap protocol given when the liquidity provider tokens have been deposited.

Blockchain App Factory is also taking advantage of this new financial revolution by providing services like lottery system development, market-making consulting, insurance platform development, decentralized crypto banking, derivatives trading, DeFi staking platform development, DeFi lending platform development, and DeFi wallet integration.

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Things to be consider while implementing ICO PR

PR (Public relations) is one of the effective promotional methods out there for marketing an ICO effectively.

Some of the Tips for Implementing a Robust PR Strategy

Never buy your community - The interest level in followers of your project must be genuine and must not be forged. Quality of engagement is more important than quantity (number of followers).

Talk more about the problem going to be solved - Rather than speaking high about your company’s achievements and track record, devote some time to speak about the value that you bring to the community, your fund distribution plan, the plan to get listed on the leading exchanges, and the usage potential of your coin.

Some of the best platforms to promote your PR strategy are Steemit, Reddit, Quora, and Bitcointalk. The cost for the entire PR campaign will depend on various factors such as your business goals, geo targets, and size of your ICO. Try to pitch your story to media personalities and get free coverage whenever possible. The funds allocated would have to be used wisely according to the stage of the ICO and the campaign must be planned effectively according to the business requirement and the target audience.

The firm must also promote its ICO on top-tier websites such as Forbes, CNBC, Huffington Post, Bloomberg, Economist, Financial Times, etc. The firm can also hire influencers on platforms like YouTube to promote its ICO. Rather than worrying about the cost, think more about the return on investment that would be fetched. It is important to publish high-quality content to leave a lasting impact on the minds of the target audience.

Offering free tokens for doing certain tasks such as following your company’s pages, writing blogs, creating videos, and doing translation can also create a following among your community without spending a huge sum of money. Analyze your competitor’s strategy and try to learn something from their practices. If you are still not satisfied with your outcome of the PR strategy currently being followed, optimize it continuously over a period.

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Figuring out the cost of ICO development services

ICO (Initial Coin Offering) is one of the newest methods by which startups are fulfilling their fundraising goals. Valuable tokens will be sold in exchange for cryptocurrencies such as Bitcoin or Ethereum. 

For full-fledged ICO development, invest your money in Blockchain App Factory. They provide a range of services such as Smart contract creation, white paper development, setting up appropriate landing pages, establishing exclusive dashboard for investors, and result-oriented marketing campaigns are rendered competitively. 

Strategic efforts are divided between the three stages, Pre-ICO, ICO and Post-ICO. They also ensure that your ICO follows all the relevant laws through regular review of legal documents and expert counselling during the official sale. 

Their package starts from approximately $20,000 consisting of the basic characteristics. Clients would have to pay extra for the inclusion of additional features such as expert consulting and paid marketing depending on the scope and complexity of the project. 

Why opt for Blockchain App Factory 

Strong reputation in the industry and irresistible goodwill among all stakeholders.  

In-depth knowledge of market conditions.

Successful completion of several projects on time for every client.

No hidden charges apart from the expenses for core features. 

24x7 technical support in multiple languages.

High-quality output without bugs.

State your customized requirements and get in touch with their experienced developer team. A feasible solution that would attract the target market will be provided soon.

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How to select skilled ICO developers for completing projects

As the demand for raising funds grows quickly, ICO (Initial Coin Offering) emerges as a viable option with its efficiency in costs and time. It refers to the creation of valuable tokens to investors in exchange for well-known cryptocurrencies such as Bitcoin or Ethereum. Behind every successful ICO project lies a dedicated developer team who will be working round the clock for delivering the best results.

Some factors to take into account before hiring ICO developers for a project

Extensive knowledge in token creation as there would be a requirement for developing different tokens and distributing it depending on the intensity of the project.

Experience in developing smart contracts as it is crucial for executing transactions and managing orders.

Obtaining reviews from previous clients regarding their service and priority regarding on-time delivery.

Knowledge in creating Whitepaper as it would create clarity on different stages of the project and communicate the benefits to investors.

Capable of handling the different changes that constantly occur in a stress-free way.

The extent of technical support offered after the ICO project has been executed. The team that offers services in numerous languages would have an edge.

The freedom provided to clients for managing operations without intervention from third parties.

Knowledge in creating different wallets due to its importance for securing funds.

Availability of marketing services across different channels as promotion plays a significant role in success.

Presence of security measures such as two-factor authentication and encryption for protecting the server which handles user’s data and money.

Compliance with KYC (Know Your Customer) and AML (Anti-Money Laundering) guidelines laid down by regulatory authorities.

Ability to fulfill the business goals of the enterprise smoothly.

Keep in mind the above factors before deploying ICO developers for executing your company’s projects. Developers possessing most of the above skills would enable faster satisfaction of requirements without compromising on quality.

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ICOs, IEOs, and STOs — The Revolutions and Evolutions in Blockchain Token-Based Crowdfunding

The detailed and the difference between ICOs, IEOs, and STOs…

Crowdfunding — The Way It Was

Initial Public Offerings (IPOs) and stocks have been, for a considerable stretch of time, known as proven and valid means of crowdfunding. It cannot, however, be denied that the practice has become a bit too archaic. The process is cumbersome and it is plagued with a lot of intermediaries that translate into costs.

The Blockchain Revolution

With the introduction of the decentralized ledger technology(DLT) called blockchain, crowdfunding has become considerably simple and easy. Over the years, crowdfunding methods powered by various blockchain network have evolved to become more regulated, accessible, and available.

Ask any crypto enthusiast and they will, from the top of their minds, recall Initial Coin Offerings (ICO), Initial Exchange Offerings (IEO), and Security Token Offerings (STO). The crypto/blockchain crowdfunding landscape has been dominated by these three different methods so far.

Read more

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The Impact of Coronavirus on Tokenization

VanessaJane published a post on Ko-fi.com

The global coronavirus pandemic severely affected the functioning of many industries. People lost their jobs, industries were forced to shut down, and many governments were forced to announce economic stimulus packages despite a cash crunch.

Tokenization can be a game-changer as businesses adapt to new processes to stay relevant. Acceleration in digitization will lead to a huge growth in Asset tokenization. Any asset like real estate, fine art, wine, gold, commodities, intellectual property, sports contracts, metals, and financial instruments like bonds and stocks can be tokenized easily.

Read more - https://ko-fi.com/post/The-Impact-of-Coronavirus-on-Tokenization-V7V83JTXX