TRON Promises $1.7 Million Airdrop, Pushes Toward Mainnet Launch and Opens Taiwan Office

The controversial project has captured significant gains over the last week, rising from just over $0.04 to $0.072 due to the launch of the TRON testnet combined with an impending 30 Million TRX airdrop worth $1.7 million, capturing the attention of the crypto community.

Alongside the highly-anticipated airdrop, a high frequency of GitHub commits, the announcement of new Taiwan-based office, and a new $100,000 initiative intended to expand the TRON ecosystem have all contributed to a shifting community perspective of the divisive project.

"TRON will airdrop 30M TRX to the Ethereum community as a show of our gratitude towards Ethereum for their support during TRON's ERC20 phase, in addition to preparing for the Super Representative Elections after mainnet launch. TRON will airdrop 30M TRX to active user with a balance of over 1 ETH after January 1, 2018.".

The TRON team state that Ethereum played a "Vital role" during the development of the TRON project, and want to provide TRX to the Ethereum community in order to allow users to experience their "High TPS development platform" as well as participate in TRON's decentralized governance model.

Development appears to have increased speed recently, with the TRON GitHub demonstrating over 1440 commits from 41 different contributors, making it the second most active altcoin in the cryptocurrency development landscape, ranking slightly behind EOS. In addition to picking up the pace of development, TRON has recently announced the opening of new offices in crypto-friendly island nation Taiwan.

Justin Sun announced the opening of the office in a Tweet on the 22nd of April, stating that TRON would be participating in the Taiwan Blockchain Self-Regulatory Organization.

"Right now there is a great opportunity for Taiwan engineers, marketers, PR, and others. You can join our TRON lab in TW, and participate in our community. Taiwan will be an important blockchain community!".

One of the more interesting announcements from TRON over the last week is the unexpected launch of a new initiative in which the TRON will incentivize developers to contribute to the project.

Loans will be provided to developers that are able to contribute dApps and high-quality utility applications for the TRON network, and offers organizations or individuals that seek to contribute a choice between two financing options - developers can choose to either provide TRON with equity in recompense should the organization complete a new round of financing, or simply repay the loan interest-free in USD or "Mainstream digital assets" within 18 months of financing.

With the launch of the TRON mainnet set for May 31st, the TRON development team appears to be pushing heavily toward development in order to meet their roadmap goals.