TronTRC20 - PowerPoint PPT Presentation

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TronTRC20

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Tron Token Development was based on the Tron blockchain network, and the Tron token, also known as TRX, cannot be mined. – PowerPoint PPT presentation

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Title: TronTRC20


1
What is Tron (TRX)?
  • History of Tron
  • How to create a token on the Tron blockchain?

2
What is Tron (TRX)?
  • TRON (TRX) is a hype cryptocurrency that had one
    of the largest and most profitable ICOs in
    2017-2018. The project is a decentralized
    entertainment content platform, something like
    AppStore or GooglePlay. Here users can download
    their games, various entertainment applications
    and other entertainment content as well as
    monetize it.

3
The history of Tron
  • The first mentions of the TRON cryptocurrency
    appeared in August 2017. Justin Sun, a Chinese
    entrepreneur, decided to create a decentralized
    platform where some users could upload their own
    entertainment content, while others could use
    these products for free or for a fee.
  • It was based on the idea of ??direct contact
    between creators of games, social networks,
    instant messaging and other applications and
    users, without going through intermediaries such
    as Google, Facebook, Apple, Microsoft, etc.

4
The history of Tron

  • Initially, TRON was created on the Ethereum
    blockchain, however, after the completion of the
    ICO in late spring 2018, the cryptocurrency was
    "moved" to its own blockchain.
  • TRON is a cryptocurrency that had one of the most
    profitable and high-profile ICOs in 2017-2018. In
    total, 100 billion tokens were issued, which were
    distributed according to the following scheme

5
The history of Tron

  • Sale to investors through ICO 40
  • TRON Reserve Fund 35
  • Presale 15
  • Peiwo Foundation (an app owned by Justin Sun)
    10.
  • The main stage of the ICO was preceded by a
    presale. The main stage of the initial coin
    offering began on August 31, 2017. The creator
    set a Hardcap (maximum raising amount) of 70
    million, which was successfully closed.
    Unfortunately, the exact amount that the team
    managed to raise as a result of the ICO has not
    been reported

6
How to create a token on the TRON blockchain?
  • A TRON address 1024 TRX, assuming a TRC10 token
    is being created Create TRC20 token, it will
    carry the address of the smart contract.
  • To create a token based on the TRON blockchain,
    the first thing you need to do is go to the
    Tronscan platform and then use the button in the
    upper right corner to connect the wallet to the
    platform.

7
How to create a token on the TRON blockchain?
  • Then, when navigating in the "Blockchain" -gt
    "Token Tracker" menu, it is necessary to select
    the "Create Token" item that can be found on the
    right side of the screen.
  • At this point, the platform will ask which token
    will be created, TRC10 or TRC20. The platform
    provides helpful tips for determining the type
    based on the purpose of the token.

8
How to create a token on the TRON blockchain?
  • Then some data about the tokens need to be
    entered here, such as name, quote, total supply,
    as far as TRC10 tokens are concerned, it is also
    possible to determine how many tokens TRX are
    worth compared to TRON, it is to freeze them
    Still set the launch time for the token As far
    as the TRC20 token is concerned, all the
    information related to the project must be
    entered, such as smart contract addresses,
    various social networks and white paper addresses.

9
How to create a token on the TRON blockchain?
  • Once you have entered all the information, you
    can create a new token for TRC10 tokens, you
    need to pay a fee of 1024 TRX, which is about
    13, and for TRC20 tokens, you don't have to pay
    any fee, but this is required with an Address
    smart contract so that it can cross-reference the
    data and load the address correctly.
  • With just a few clicks, you can create TRON-based
    tokens from scratch without having to know any
    procedures.
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