TRON has launched an IDO Platform with guidance from the first BSC IDO Platform – BSCPad. BSCPad and TRON have announced that both well-known companies in the cryptocurrency industry are cooperating for new strategic reasons.
Under this partnership, the first native IDO Launchpad will be built on TRON, called TRONPAD. BSCPad is the largest BSC network-based IDO platform while TRON is also one of the largest and most popular blockchain protocols.
Justin Sun, the founder of TRON and the CEO of BitTorrent, expressed his expectation towards the new collaboration for creating more new helpful platforms.
“The BSCPad team is very strong and knowledgeable, they consist of some of the top players in the space. We are looking forward to taking this collaboration to new heights. As the hyper adoption of crypto continues to explode, TRONPAD will serve as a fair IDO platform for projects launching on the TRON blockchain.”
Meanwhile, the co-founder of BSCPad, Godzilla, also believed that the cooperation of two teams will attract more users by a predictable and provably fair system:
“We are very happy to be collaborating with the TRON team to build the first-ever native IDO platform on one of the largest blockchain networks,” he continues, “We believe that providing users with a predictable and provably fair system gives users the proper incentives to accumulate and hold tokens and support each and every project launched.”
Tron and BSCPad Have Great Synergy
BSCPad team has developed fair decentralized products through its tiered structure. The products empower cryptocurrency projects to distribute tokens and also raise liquidity in a way that includes everyone who holds their tokens.
The team not only continues to improve its launchpad mechanics but also evolve the incentive structure. It rewards all token holders, not just the top 1%.
BSCPad is launched in March of 2021. Until to date, Binance Smart Chain has appealed to many users which has exponential growth in adoption. The platform has seen a growth of over 21,000,000 in BSC unique wallets, and over 5,000,000 in daily transactions.
Therefore, TRONPAD could also drive arrive a similar boom by attracting more people to invest in TRON projects. Tron has many advantages and could be the next big blockchain.
Other New Launches are Coming
Both companies are also building and developing more new plans under this strategic partnership that are released soon.
“TRON and BSC Synergy” is a cooperation project which combines BSCPad of the strength in the West and Tron’s in the East will create a powerful global marketing and IDO platform.
BSCPad is known as a fast-growing launchpad in the DeFi space as well a the leader in ATH and ROI. The platform provides benefits to all holders of token and fair launches allowing traders of all levels to invest in the upcoming projects from Binance Smart Chain.
Tron was released by Justin Sun in September 2017, TRON helps to accelerate the decentralization of the internet thanks to blockchain technology and decentralized applications.
Since its establishment, the firm has launched a range of successful products, such as MainNet in May 2018, network independence in June 2018, and the TRON Virtual Machine in August 2018.
The company acquired BitTorrent in July 2018, which is a pioneer in decentralized services owning approximately 100M monthly active users. As a P2P structure, BitTorrent was an early iteration of the ideas that have driven the adoption of blockchain technology.
As developers and companies look for more cost-effective ways to enter the decentralized blockchain space, this new partnership may become extremely popular.