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Tron (TRX) Partners With vSport Ahead Of FIFA World Cup In Russia

Both the Tron (TRX) Project and the world of Football (Soccer) received a major boost today when vSport became the newest organization to partner with TRON. In wide range of statements from twitter and medium, the announcement was made by Justin Sun and Dutch Football player, Wesley Sneijder.

Justin Sun tweeted the following about the partnership:

Very excited for the #TRON + vSport partnership, a powerful alliance to leverage blockchain technology for solving issues in the soccer& sports industry. Sports fans: Get ready for a major user experience reboot! @vSport_io @sneijder101010 $TRX #TRX

                                                  Flier accompanying Justin’s tweet

Wesley Sneijder was quick to respond to the partnership via twitter:

Looking forward to our cooperation! #Tron and #vSport

Justin would further complement Sneijder on the positive feedback about the new partnership.

Thanks for the support from @sneijder101010 before the 2018 World Cup. Wesley Sneijder was one of the three best midfielders in the world for 2010 by FIFA. He was awarded the 2010 Bronze Boot, the 2010 Silver Ball. @FIFAWorldCup #TRON #TRX $TRX #TRONSR

This partnership is strategic in two ways.

Firstly, the TRON MainNet launch is less than one week away and on the 31st of May. This partnership gives TRON an additional boost and visibility as we draw closer to the date.

Secondly, the partnership brings TRON, vSport and blockchain technology to the global spotlight of the FIFA World Cup, an event watched by Billions across the globe. The last World Cup in Brazil, had over 3.2 Billion viewers across the globe. This year’s World Cup will be in Russia and starts on the 14th of June. A higher viewership is expected at this year’s event.

Both TRON and vSport aim at sharing resources, building communities, collaborating on technical challenges, delivering premium content and expanding each others reach. They will work together to make blockchain technology a common occurrence in not only the world of football, but in the entire sports industry.

vSports is the world’s first fully open, non-profit, blockchain-powered platform specifically designed for the sports industry. It is registered in Singapore and under the Sports Value foundation. The latter was co-founded by Internet/AI entrepreneur Qiang Bai and soccer star Wesley Sneijder.

vSports co-founder, Qiang Bai is quoted as being emphatic about the partnership and the endless possibilities moving forward.

With sports models of the past, it is hard for fans to get rewards in exchange for their enthusiasm and contributions, which causes serious imbalance in the value structure. Collaborating with TRON allows us to join forces with another strong company, leveraging our soccer and sports resources to solve difficult soccer and sports industry-related issues. We will work together to build and nurture a healthy soccer and sports ecosystem. I believe this will be a great way to give back to soccer fans around the world.

This partnership is a sign of greater things to come for both the Tron Project and the world of Football.

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Private Security For Crypto (BTC, ETH, XRP) Traders: A New Industry In Moscow

The precarious industry of buying and selling cryptocurrency for cash has some serious drawbacks in terms of attempting to trade large volumes in crypto and the security issue during the transaction. Imagine having to liquidate some 2 Bitcoin (BTC) with someone who wants to offer hard cash that you desperately need for other investments or uses.

This means your customer for the 2 BTC will have to carry with him, a cool $18,466 in cash. Now, this is a lot of money for one individual to carry and the risks are high when dealing with strangers for such transactions. The possibilities of a set-up cannot be ignored 100%. Trust in this Crypto-verse is no longer guaranteed.

There has been a growing number of crypto related fraud and theft that has been reported in Russia since BTC and Crypto took over the world of investing in the past few months. In most cases, Russian police are always reluctant to investigate such crimes for there is no set laws that even mention cryptocurrencies, let alone to give guidelines for regulation.

This then leaves the doors open for private security firms to capitalize on this hick-up to provide security services to high profile traders and those in possession of large amounts of crypto; and obviously at a fee.

One example of an attack was witnessed in February when the creator of PRIZM, Yury Mayorov, was kidnapped by four men and robbed of $20,000 in cash, 300 BTC and three iPhones. Mayorov was grabbed off of Isakovskogo Street in Moscow and put into a Mercedes Benz, beaten and robbed while they drove around the city.

With such cases being rampant in Russia, it is not a bad idea hiring a personal guard at a starting rate of as low as $15 an hour. The prices do go up if the client wants to hire a vehicle and more guards when doing crypto related business. Most private security firms in the country now provide contracts for property protection that covers suitcases with cash and hard wallets.

The best way of mitigating from being a victim in Russia, is to either to take care of your anonymity as a silent crypto millionaire or hire these guys.

[Photo source, indiamart.com]

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Bitcoin (BTC) Adoption On The Increase In Estonia, Latvia, and Lithuania

The popularity and adoption of Bitcoin (BTC) and cryptocurrencies in general, are becoming more popular in the Baltic countries of Lithuania, Latvia and Estonia. Even buying coffee using BTC is not that special anymore in these countries. The adoption in these countries has gone as far as Cafes, bars, hotels, souvenir shops and even some medical clinics. There is also some incidents of Crypto being accepted for Real Estate purchases.

In Vilnius, Lithuania, there is a cottage settlement that accepts purchases of land and homes using crypto.

The same pattern is in the other two countries that make up the Baltics.

This news seems to be an addition to the increasing cases of Bitcoin (BTC) and cryptocurrency adoption around the globe. The most popular sporting event, the FIFA World Cup, that is being hosted by Russia starting June this year, has some businesses in the host nation, accepting crypto payments for accommodation. Apartments Malina in Kaliningrad, has partnered with the online payment system, Free-Kassa to allow fans to pay for rooms using crypto. Free-Kassa’s wallet even supports popular coins such as Dogecoin (DOGE).

Although no country around the globe has issued strict or defined cryptocurrency regulation guidelines, it is such adoption that will set the precedence of what regulation will entail. The more crypto is used for day to day purchases of goods and services, the more crypto’s utility as legal tender will be evident. With Venezuela having its own digital currency, the stage is set for more countries to embrace crypto as an alternative to their regular national currency. China and India have been rumored to be musing about doing their own version of a digital Yuan and Rupee respectively.

Looking at the markets, Bitcoin (BTC) is close to the $9,000 and trading at $8,935. This is still impressive if compared to last year’s value at a similar time. Back them, BTC was valued at $1,220. The current value is an impressive 633% jump in 12 months. Such performances are unheard of in regular stock trading. This then makes crypto markets very exciting with possibilities of massive gains if we HODL.

[Photo source, coincentral.com]