The TRON Foundation, fresh from a recent string of news that shows dapp development and user numbers have grown considerably on the network, has now announced a new acquisition: CoinPlay, a blockchain dapp store.
Fellow #Tronics: I’m proud to officially announce that #TRON has successfully acquired CoinPlay. From now on, @CoinPlayShop becomes part of TRON ecosystem, together with #BitTorrent, making TRON one of the largest decentralized ecosystems in the world.#TRX https://t.co/1Sufen2aVh
— Justin Sun (@justinsuntron) March 28, 2019
TRON’s blog post describes the acquisition as having taken place with the intention of providing user experiences for blockchain enthusiasts,
CoinPlay positions itself as a blockchain application store that aims to offer the most comprehensive, suitable and updated blockchain apps. Currently, popular blockchain apps are often hard to find at conventional app stores, and it is difficult to screen the source for safe download. TRON and CoinPlay shares the same vision: providing better user experience for blockchain practitioners in the industry.
CoinPlay is a hub for blockchain dapps that include software and games, as well as indices and ratings of cryptocurrencies. The app store also plans to include transaction volumes and support of multiple platforms in the near future. The app store has been built with the goal of easing new market entrants into the space.
TRON CEO and founder Justin Sun, who does not shy away from bullhorning TRON’s developments and achievements, said of the acquisition,
TRON recently completed its MainNet upgrade v. 3.5. As a blockchain-based entertainment ecosystem, we will continue focusing on content and entertainment. The recent acquisition of CoinPlay aims to better serve the blockchain industry. The year 2019 will be the year of exponential growth for the TRON ecosystem.
Of course, this acquisition brings to mind TRON’s plan for growing the blockchain ecosystem. Perhaps this is the first step that the project is taking in create a dapp hub for smartphones – blockchain supporting smartphones are becoming a reality. If TRON can follow through, and follow through well, on this initiative, then it would put it in a strong position to push its own dapps and software through the dapp store.
TRON has been making a lot of headlines for its plans with BitTorrent, which they acquired last year. Sun said that he would like to see TRON grow to a 1 billion strong ecosystem with the aid of BitTorrent, though some see that as unattainably ambitious. Vitalik Buterin, meanwhile, has said that if TRON overtakes Ethereum, he “will have lost a certain amount of hope for humanity.”