TRON (TRX) Mainnet: What Next As Justin Sun Calls For “Independence” Conference?

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TRON (TRX) is set and ready to go. The much-anticipated launch of the platform’s Mainnet is happening tomorrow, less than 24 hours away. And now it appears there’s more to expect from the TRON team as the big event in the coin’s short life pulls closer.

The CEO and founder Justin Sun have once more rallied the community to come together in a “call to independence” conference. As with many other announcements, the hardworking Sun made this call on Twitter.

“A CALL FOR INDEPENDENCE” Strategic conference about #TRON Mainnet launch will be held at 11am, May 31, 2018 (UTC+8)! Be there or be square.”

What big announcement awaits the TRX community? It could be a surprise announcement, or what many want to classify as last-minute hyping.

The excited TRX community will have to wait a little longer though before they know if there are any goodies accompanying the Odyssey 2.0 release. The one thing the CEO needs to remember is that he had promised to make a 100 million user partnership announcement in May. Since it hasn’t been done, May 31, 2018, could be the last chance he has to fulfill that promise.

With or without an announcement, the TRON team has worked hard to get where they are now. What remains is for them to deliver the very first step that could make TRX a great project.

What do you need to know about the TRX mainnet?

As the crypto community awaits the launch and conference, here is what you need to know about the whole process.

May 31, 2018

The TRON Foundation is expected to officially release the Odyssey 2.0, the Mainnet protocol. On the same day, during the live stream, the team will be expected to make some major announcements. Though the exact nature of the content is yet to be divulged, it’s anticipated that it will be about a TRON partnership or way forward.

The period between May 31, 2018, and June 24th will be crucial to the community as a whole. It will accord users the time they need to familiarize with the system. It’s at this time that users should be able to download and sync to the mainnet. It’s also a crucial time for wallets, dApps developers, and blockchain explorers to ensure their systems are properly configured to the Odyssey. Also crucially, it’s a time for the numerous exchanges supporting the token migration to make necessary adaptations and inform TRX users about the migration.

June 1 –June 24, 2018

The TRON mainnet is set to undergo extensive and rigorous public testing. The target is to ensure that the network is ready for the token migration and that there are no vulnerabilities. Any sort of glitches should be dealt with during this period.

The period between May 31, 2018, and June 24th will be crucial to the community as a whole. It will accord users the time they need to familiarize with the system. It’s at this time that users should be able to download and sync to the mainnet. It’s also a crucial time for wallets, dApps developers, and blockchain explorers to ensure their systems are properly configured to the Odyssey. Also crucially, it’s a time for the numerous exchanges supporting the token migration to make necessary adaptations and inform TRX users about the migration.

On June 25, 2018

At 00:00 (GMT +8), Beijing time: TRON will create the first block (Genesis block). It will have to be done after the community comes to consensus. Once this is done, TRX will cease to be an ERC-20 token. This event will, therefore, mark the official launch of the TRON protocol- a standalone network.

TRX market and price

It hasn’t been a great May for the entire cryptocurrency market. Prices have tumbled in a month sentiment surrounding major currencies has contributed to a slow recovery if there was to be any. The TRX token too has slumped, losing about 33% of its value during the bearish run.

At the beginning of May, Tron (TRX) traded at $0.09 against the US dollar. Today, the coin is trading at $0.063. Even though it has gained about 8% over the last 24 hours, the token is still -13% in the red over the last 7 days. The expectation that the prices could rally in the lead up to the Odyssey 2.0 release has left many in the community disappointed. However, a majority still believe the coin will gain massively in the future due to its huge potential.

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