When Tron became an independent network from Ethereum last May, there was a lot of talk about “the Ethereum killer.” It was suspected that title would go to Tron, or EOS, or Cardano.
Some observers thought that Ethereum was just unbeatable, and some were very optimistic about Tron’s and EOS’s potential. It’s been almost eight months now, so what are the stats showing us?
The second most used dApp in the world
You can monitor the world’s decentralized applications as closely as you want. For that, you could use several resources. Among those, there is the dappradar.com website which tracks the number of users and token flow that is going through every dApp in the world every day.
By the site’s standards, the top ten dApps are running on Tron and EOS (noticeably, not on Ethreum). Five of those run on, Tron, and the rest on EOS.
Among those five apps running on Tron Play_Goc stands out.
It’s a gaming and gambling app that features traditional betting games such as Blackjack, but they have a plus: they are decentralized, and they offer fair odds to players, which is something you could never expect at a traditional gambling website in which the house must always have an edge. Which is not wrong, the house must be able to make a buck by letting you play.
The app is serving 6,600 users every day, and it supports a wide variety of digital currencies. TRX is the main among them because all the others are Tron-based tokens (BTT, PLAY, SEED, IGG, ANTE, LVH, and GOC).
Tron is taking over
And why is this so important? Because it means that Tron’s blockchain and community of developers are finding the way to develop and deploy exciting apps that attract users that are excited about the project and the project’s native token (Tronix, or TRX).
So Tron is managing to position itself as the Ethereum killer indeed. Why? Because Tron can boast a million more users (or at least confirmed accounts) than EOS.
It’s all about the use case
So this app is a use case for TRX but also for many other Tron-based tokens. And that’s quite important. The Tron community is very bullish about the Tronix coin, and they like buying it and using it to support the network’s apps. This is very important because this kind of interest from users is the thing that creates genuine demand for the digital asset and that demand will end up translating into market performance.
And that’s what we’ve seen recently. Tronix remains a relatively cheap cryptocurrency but over the last couple of months, it went from 11th place to market capitalization to 7th. And then it lost a spot, to stabilize at 8th. Keep in mind that Tron has been moving forward and growing in a year in which most other projects have been shrinking, losing people and value. So that growth is very impressive from any way you could see it.
Tron is here to stay because it’s giving us interesting apps. And Play_Goc is top on that list.
Image courtesy of Pixabay.
Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.