Tron Joins Hands with Steemit to Gain Edge in the DApp Ecosystem

After cryptocurrency exchange Poloniex, Tron creator Justin Sun has now got involved with the decentralized Reddit, Steemit. Tron announced a strategic partnership with the blockchain-based social media and blogging platform on Friday.

As per the official announcement, the idea is to bring Steemit and its blockchain-based decentralized applications (DApps) to Tron blockchain and its community of more than 20 million users.

“From launching the platform in 2016 on a shoestring budget to today, I’ve enjoyed the development of the platform and the growth of its user base — now I’m excited to see a strategic partner attempt to bring it to new heights,” said co-founder Ned Scott, former CEO and Chairman of Steemit.

Co-founded by EOS co-creator Dan Larimer, Steemit was one of his many projects. The platform that lets users earn STEEM tokens for producing “high-quality” content laid off 70% of its workforce to save costs in 2018. The same day Larimer launched the decentralized social-media networking site, Voice in beta. Despite saying that it will run on the public blockchain, EOS, it was launched on a private blockchain that lets users earn Voice tokens for clicking on and watching ads. Meanwhile, EOS is losing to Tron in the Dapp arena

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