Home Uncategorized TRON (TRX) Banking on 10 Million Peiwo App Users to Pump It...

TRON (TRX) Banking on 10 Million Peiwo App Users to Pump It Back Up


TRON (TRX) is still around 70% down from its all-time-high earlier this month, but is looking towards the upcoming integration with Peiwo app for a boost

TRON (TRX) is currently looking forward to leveraging the 10 million users on founder Justin Sun’s Peiwo App venture as the integration process moves towards completion.

According to an official post by Tron Labs, “the preliminary work has basically finished” and the integration is expected to be fully completed by February 16, 2018.

Highlighting Peiwo App’s strong user-base, the post wrote, “Peiwo APP is the largest audio content community in China, even in the world with over 10 million global registered users and more than one million monthly active users.”

Given how TRON is being built as a decentralized digital content distribution platform, integration with Peiwo makes sense, not to mention the founder’s connection. With a young audience (between 16 and 25 years old), the app will provide a useful test-bed for the cryptocurrency as well.

As per the integration schedule, today the app should be updated with TRX wallet and deposit support. Additional functionality will be made available in stages, until February 16, when users will be able to deposit, use, transfer and withdraw TRX via the app

Commenting on the development, TRON founder Justin Sun said:

“The completion of Peiwo APP’s connection to TRX will be a demonstrative display and a good opportunity to verify the value brought by block chain technology. With more than 10 million young Peiwo APP users joining the network of TRON, more individuals, enterprises and platforms may want to join us. This will result in a bigger and stronger network and promote the vigorous development of the block-chain-based online entertainment.”

However, it remains to be seen whether Peiwo integration can boost TRX price, which has been in a constant slump since reaching a high of almost $0.28 on January 5, 2018. On January 17, it was trading at $0.0455 before rising to $0.18 yesterday. At the time of writing TRX is trading around $0.08 though.