TRON [TRX] – The TRON main net launch is just two weeks away.
To kick off this momentous event, the Tron Foundation has had a ton of things up their sleeve. They’ve just announced their latest marketing tactic, which looks very similar to their joint tactic back in December.
— Justin Sun (@justinsuntron) May 16, 2018
It seems that Justin Sun has upped the prize since the last giveaway. Just before Christmas, TRON teamed up with Binance to give away various prizes.
— Binance (@binance) December 18, 2017
However, it was met with vast criticism and it’s surprising they decided to do it again.
One user by the name of Johnny Widlacki tweeted:
I have to agree. This should be a random drawing amongst all your supporters. Not just your top elite. The publicity goes far wider when someone less fortunate wins over a rich person getting another prize
— Johnny Widlacki (@john_widlacki) December 19, 2017
Another investor by the name of thecryptomeriff echoed the same response as the last by saying:
These competitions are extremely not fair for most investors. If you opened this as fair game for any size investor, you’d probably have a lot more volume than you do. But people like me will, more than likely, never make too 10 buyer/seller
— thecryptomeriff (@thecryptomeriff) December 20, 2017
Hopefully, the TRON team will alter the rules and open it up to everyone this go-around. I mean, but one thing giveaways don’t tell you is the day-to-day cost of upkeep for these prizes. Can the average person afford to pay the property taxes or homeowners insurance on a mansion? No. Can an average person afford the maintenance of a Maserati? No. It’s a flawed system.
The giveaway pump tactic to get investors to buy more cryptocurrency is insanely deceptive and gives crypto a bad name. What the Tron Foundation should focus on that would benefit everyone, is continue to build out the TRON. Give content creators a platform that allows them to completely control their content. Stop with the flashy giveaways and stick to building out a revolutionary product. That’s what this crypto space and investors need – not a dream home or a flashy sports car.
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Featured Image: Merchant