Introduction of Trend Network:
Trend Network is a people-oriented service showcasing, decentralized, anonymous and distribution platform which is developed on an interplanetary file system and tested Ethereum protocol. The token holders can do the transactions on the platform by using the ERC20 based Trend Network token. This token work with IoT, so it is compatible with any advance system and can last for hundred of years.
What is the vision of Trend Network?
Trend Network has the vision to develop a platform which can fulfill the requirements and purposes of the clients and service providers. To provide the cost-effective and easy showcase or selling services, Trend Network is utilizing smart contracts over the Ethereum protocol. Trend Network has an aim to incorporate the advanced user interface to allow the users to view and browse the services. Trend Network wants to offer the most convenient platform by supporting the fiat and crypto currency.
What is the mission of Trend Network?
To encourage the growth of the ecosystem, Trend Network is going to integrate the blockchain technology into the business industry. This platform has a mission to promote the utilization of digital currency among the common people by solving the problems for the well-being of the service providers community. Trend Network is supporting several payment options along with TREND NETWORK token to familiarize the general public with the usage of cryptocurrency. Though TREND NETWORK token is the main mode of value exchange on this platform, the other fiat or cryptocurrency can also be used to purchase the services. By using the Fiat Currency this platform is allowing the common users to enter into the digital currency and blockchain domain.
What is the problem in the business industry?
The traditional business industry consists of clients and service providers who spend most of their time to produce asset, services or creative pursuits to grow their businesses. Due to the increase in the usage of internet, most of the service providers are shifting towards the online work where their clients can directly buy from their showcasing platform. Most of the service providers prefer to use the third party platform i.e. online content distribution and showcasing platform which charges a high fee from 15% to 40 % on service usage. These high charges forced them to settle for lesser payout or to increase the cost of their work.
The business owners are facing lots of problems in the traditional business system, starting from the low frequency of latest content updates, high prices, lack of fresh talent, complex payment support and geographical barriers for accessibility. In past, many ideas were attempted to solve the main issues but they all failed due to their complex technology.
Problem solved by Trend Network:
To deal with all the problems of the traditional business system, Trend Network is going to create a simple and efficient platform which can be used by all the users around the globe irrespective of their knowledge of blockchain technology or digital currency. This platform is going to integrate the blockchain technology in the business system to eliminate the involvement of the third party. With the use of fiat and cryptocurrency, this platform will offer low transaction and operating cost to the users who can access Trend Network from any place in the world. To the main stakeholders, this decentralized platform is offering high flexibility and freedom to upload their work on their own selling price. Due to the elimination of intermediates, this platform is reducing the extra cost of commission.
What are the benefits of Trend Market platform?
- This platform is offering the service discovery tool to the clients to search for the latest work of a new talent.
- The users can vote for the best services by using GLOBAL DAO. The voting level can help them to know about the latest best talent.
- Trend Network is a secure and hack-proof platform which avoids the loss of information due to many invisible security breaches.
- To maintain the accountability and transparency, Trend Network is tracking and recording all the transactions.
- Trend Network is offering many new money making ways to the content creators by monetizing the new content opportunities.
Why Ethereum protocol and smart contract is used on Trend Network?
To develop the decentralized applications, Trend Network is created on Ethereum protocol which is an advance blockchain technology. Trend Network is using the smart contract to maintain the record of the providers or their services and to revolutionize the technological development by increasing the automation on blockchain platform. If multiple providers are creating the work or companies then on the basis of the predefined percentage, the smart contracts will ensure the automatic distribution of the revenue in the providers. On the basis of staking of each voter, the DAO of Trend Network will implement the smart contract to rate the votes gained by every provider.
Which token is used by Trend Network?
The coin which is used by this platform is known as TRD token which is based on Ethereum ERC20. The TRD token is the main medium of value exchange on the platform which can be used by the users to buy services offered by the providers. The users can buy the TRD token with fiat or cryptocurrency, after which it will be stored on their personal desktop wallet. Each recorded transaction is verified by the Trend Network block explorer.
- Token name: TRD
- Acceptable payment: Fiat Currency, BTC, ETH
- Total supply: 500 million
- Airdrop: 70%
- Advisors and Sponsors: 10%
- Team: 7%
- Bounty: 10%
- Open sale for exchange listing: 3%Conclusion:
Trend Network platform is solving the problems of the traditional business system by integrating the smart contracts and blockchain technology into the business environment. This platform is offering many advanced features to clients and providers i.e. top services, search engine, discovering tool, new showcases, profile, and categories etc. If you are interested in innovative cryptocurrency ideas, then visit their site.
Learn more about Trend Network
Owner of article link below: