Justin Sun announces Tron’s partnership with Steemit

• With the Steemit partnership, Tron’s network is expected to gain over one million users.
• The collaboration will encourage the use of crypto, a new accelerator program and giveaways to users who hold TRX tokens.

The Tron Foundation recently announced its partnership with Steemit Inc, one of the largest decentralized blockchain-based social media and blogging platforms. Tron has benefited from similar partnerships with platforms that have large user bases. As per the company’s estimate, Tron has expanded its products and services to over 20 million users.

With the Steemit partnership, Tron’s network is expected to gain over one million users. Steemit powers several blockchain-based social media platforms like D.Tube, APPICS and fitness Dapp Actifit. Old Steem tokens will now be converted to new Tron-based Steem tokens.

According to the announcement:

This partnership further empowers TRON’s title as the blockchain industry’s leader in distributed ledger technology with over 800 Dapps now in its ecosystem.

While Ethereum continues to have the largest dApp ecosystem, Tron has leveraged gaming, gambling and social media dApps to become the second-largest ecosystem in the space.

Sun tweeted:

STEEMIT2.0#TRON and #Steemit leading in a new era of decentralized social networking.

Let’s talk about Steem #Dapps migration, $STEEM token swap, giveaways to #TRX users and a new accelerator program.

The Steemit partnership will encourage the use of crypto, a new accelerator program and giveaways to users who hold Tron’s TRX tokens. As Ned Scott, former CEO, chairman and founder of Steemit, put it:

Steemit is the original conception of forums meeting cryptocurrency to achieve mass adoption — where cryptocurrency could be distributed as easily as ‘likes’ and ‘upvotes’ and this high powered distribution mechanism would bring adoption and appreciation to the currency and the social network.