Tron is getting ready to fight Ethereum, launches $1 Billion fund

Tron made the headlines yesterday (21st April 2018) when it airdropped 30 Million TRX tokens worth $1.7 million to all the people who hold 1 ETH or more. Many people happily accepted the airdrop with some questioning Tron’s motive behind the Airdrop. So why did Tron airdrop $1.7 Million worth of TRX??

Justin Sun, happily announced through his tweet that he is “giving” back to the Tron community. But the game is way bigger than just simply giving back. You see Tron is launching it’s main net on 31st May 2018. For Tron’s platform to be successful, Tron needs DApps developers, developing DApps over Tron main net. Currently, Ethererum has the highest number of DApps developers, and Justin wants those developers to shift from Ethereum to Tron.

The airdrop gives the Ethereum community an opportunity to experience a high transaction per second speed to Tron, give access to the development platform and use TRX to vote in TRON’s democratic community.

Justin has openly claimed that Tron’s network is going to be far superior to Ethereum’s main net.

“From today to the last day, we are no longer the ERC20 token and in the future, we will compete with Ethereum as a DApp platform,” Sun had said during the launch of testnet.

“We will compete face to face with Ethereum and we have confidence we will build a large ecosystem; A much larger ecosystem than Ethereum. I will explain to you why we can surpass Ethereum in the future.” says Justin Sun

To compete with Ethereum at almost every level, Tron foundation has launched a $1 Billion fund to support new DApps and the Tron community. Tron is calling its new platform the Web 4.0 as compared to Ethereum’s Web 3.0

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