Ever since the Tron Virtual Machine (TVM) was activated in October of last year, the amount of smart contracts and DApps on the Tron (TRX) network has continued to increase at an exceptional pace. In the three months or so since the activation of the TVM, 3,856 smart contracts are now live on the network. These contracts have been triggered an amazing 134.2 Million times.
Continual DApp Creation on the Tron Network
It is with this constant development on the Tron network that the number of Decentralized Applications continues to increase on a daily basis. Justin Sun, noted this progress via a tweet that stated the following:
#TRON has 100+ dapps on @DappRadar and 133 dapps on @dapp_review now! 2-3 dapps launched everyday. With #niTROn2019 and #TRON accelerator, we will break 200 very soon! #TRX $TRX
His full tweet can be found below.
Checking DappRadar, the number of DApps on the Tron network is 101 at the moment of writing this. Confirming the same on Dapp Review, the Tron network currently has 133 DApps also at the moment of writing this.
More On the Tron Accelerator
As mentioned by Justin, that number will soon increase due to the ongoing Tron Accelerator plan with $1 Million in prizes. Launched in early December, the accelerator plan plans on empowering developers and start ups to develop DApps on the Tron protocol.
Submission of projects for consideration in the accelerator program was between the 1st of December and the 4th of January. The breakdown of the $1 Million to be distributed is as follows:
- $200,000 for the 1st Prize Winner
- $100,000 for the 2nd Prize Winners (2)
- $50,000 for the 3rd Prize Winners (3)
- 8 Special Prizes worth $30,000 each. A total of $240,000
- 42 Finalist Prizes worth $5,000 each. A total of $210,000
The accelerator plan has completed the judging phase where all the DApps are reviewed by a panel. The winners have already been emailed according to an announcement on the project’s Discord channel that stated the following.
As TRON Accelerator results coming out, we have emailed winners with prizes, moving forward, we will announce a list of all winners through website and other PR channels, please stay tuned.
The grand price winners (1st, 2nd and 3rd) will have a chance to attend the NiTRON Summit with all expenses catered for by the Tron Foundation.
What are your thoughts on the progress of DApps on the Tron Network? Please let us know in the comment section below.
Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.