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What are the specific functions of wave field coin? What is its implementation path?

What are the specific functions of wave field coin? What is its implementation path? Next, let's take a look. Wave field coins are established to increase the power of the network and serve as an incentive tool for content founders. The platform aims to p

Earlier, Xiaobian has introduced to you what wave field currency is. Wave field currency (TRX) is a blockchain-based project aimed at building a platform for digital entertainment. The idea behind digital currency is based on the premise that the current data content platform (such as YouTube or iTunes) has too much control over the developers and content creators who use it. Wave field coins are established to increase the power of the network and serve as an incentive tool for content founders. The platform aims to provide its participants with a fair and equitable distribution of income generated by the content of the platform. So, what are the specific functions of wave field coin? What is its implementation path? Next, let's take a look.

What are the specific functions of wave field coin?

1. Selling and managing push on the blockchain

In order to avoid and prevent similar losses, TRX uses the blockchain that can't change the data to manage the released content, so that illegal downloading is no longer possible. If you want to watch or listen to the content released by the platform, you need to use TRX to pay the corresponding expenses.

In addition, the blockchain technology can be used to manage works and distributed content on the whole computer. So even if one computer breaks down, there are other computers that can read all the content without affecting the whole system.

According to the use of TRX, original authors can manage and sell their own works more confidently.

2. Be able to raise funds by selling exclusive tokens (personal ICO)

TRX allows customers to issue exclusive tokens. let me put it another way. The creators can sell their own ICO to raise funds. If creators can efficiently raise assets, they can concentrate more on creation, and customers and fans can also support their favorite authors by supporting creation. If you can raise funds at will through TRX, it will benefit both creators and customers.

3. Cryptographic assets

Establish a content ecosystem, get the due crypto asset profit according to the contribution and dissemination of content, and give the content value with economic rewards. The creators have the rights and interests of content, and can track it when it is disseminated.

Implementation path of wave field (TRON)

For the wave field (TRON), the completion of the whole system is expected to be a huge project lasting 8-10 years, involving 6 steps. Specifically, the implementation path is as follows:

1、Exudos,Exodus, data is random - based on point-to-point distributed content submission, storage and distribution system. In the Exodus phase, TRON will be built on the distributed system technology represented by IPFS to provide users with a completely independent data publishing, storage and dissemination platform.

2、Odyssey,Odyssey, content empowerment - economic encouragement empowers content ecology. Blockchain application also creates a full set of economic mechanisms with full competition and fair income for content generation, distribution and dissemination, encourages individuals, empowers content, and continuously innovates the boundaries of the system.

3、Great Voyage,Outstanding navigation, everyone sells data value. Based on the advantages of blockchain, TRON has solved the three major problems of profit consideration, income distribution and champion management, and completed the major transformation from "fan economy" to "fan finance". TRON's self-regulatory economic system based on blockchain, with TRX as the official token, makes every income and expenditure of individual content producers in the system open, transparent and tamper-proof. According to smart contracts, Advocates can automatically participate in the digital currency purchase of content producers and automatically share the revenue development according to the agreement. They can just complete all steps without any third-party supervision.

4、Apollo,Apollo, free flow of value - decentralized individual exclusive token trading. When every content producer in the TRON system can sell their own exclusive tokens, the system must have a complete set of decentralized exchange solutions to realize the free flow of meaning.

5. Star Trek, interstellarTravel, flow realization - decentralized game and prediction market. The global game market scale exceeded 450 billion US dollars in 2014. The traffic generated by the content platform of Wave Field (TRON) brings the possibility to build a decentralized online game platform. Developers can build online game platforms at will through TRON to provide fully autonomous game prediction market role.

6、Eternity,Eternal place, traffic conversion - decentralized game. In 2016, the global online game market reached US $9.96 billion, including US $46.1 billion in mobile game market, accounting for 42%. The wave field (TRON) has made it possible to build a decentralized online game platform. Developers can build game platforms at will through TRON, complete crowdfunding for game development, and provide individual investors with the possibility to participate in investment games.

Speaking of this, I believe you have a certain understanding of the specific functions of Wave Field Coin and its implementation path. In general, the wave field coin is a blockchain-based project aimed at building a platform for digital entertainment. It was established to add impetus to the network and serve as an incentive tool for content founders. The platform aims to provide its participants with a fair and equitable distribution of income generated by the content of the platform.

by wjb news
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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