Ethereum Applications Started Moving To TRON Blockchain
Since the beginning of the year, TRON Arcade has managed to lure several blockchain games and applications from the Ethereum platform at once, as reported by the organization on Twitter. Moreover, the price of TRX rose amid the positive news.
One of the top Ethereum projects, a fantasy game Lordless, has joined the fund and will soon re-release the application on the new blockchain. As Lordless representatives noted on Twitter, TRON technology will make their startup even more powerful.
At the same time, it became known about the launch of Epic Dragons on TRON, created by Ethereum-dApps developers. The game quickly became popular, taking the second place among all blockchain apps, according to Dappradar.
Earlier, the decentralized game EtherGoo, originally based on Ethereum, also switched to the fund's technology and received a new name TronGoo.
TRON Arcade also began working with a dApps development platform Cocos-BCX (Cocos Blockchain Expedition). The press release says that the fund intends to spend $100 million to create the global ecosystem of blockchain games over the next three years.
If at the end of 2018 the TRX price barely exceeded $0.01, after switching of popular games to TRON the cost of the crypto surged threefold — to $0.03. To date, the TRX price has slightly adjusted to $0.025, according to CoinMarketCap.
Note that the creator of TRON blockchain, Justin Sun, built the “fund for rescuing” developers who faced losses on EOS and Ethereum platforms — as they are suffering from crypto market decline and security errors. Sun promised to help the specialists, but on condition that they transfer their dApps and other projects to the TRON blockchain.
As previously reported, BitTorrent will create its own cryptocurrency on the TRON network.