TRON Makes Another Acquisition: Is Its Model Sustainable In the Long Run?

Blockchain projects are facilitating their growth through varying strategies and TRON seems to be heavily relying on its high profile acquisitions.

On Thursday, the TRON Foundation announced the acquisition of CoinPlay, the so-called "First global blockchain app store."

"CoinPlay positions itself as a blockchain application store that aims to offer the most comprehensive, suitable and updated blockchain apps. Currently, popular blockchain apps are often hard to find at conventional app stores, and it is difficult to screen the source for safe download.".

Can the acquisitions of TRON maintain the momentum of the blockchain protocol and its Dapp ecosystem?

If successful, the acquisition of CoinPlay could enable TRON to establish the first widely used Dapp store on which users can safely and easily download Dapps that run on the blockchain network.

"TRON recently completed its MainNet upgrade v. 3.5. As a blockchain-based entertainment ecosystem, we will continue focusing on content and entertainment. The recent acquisition of CoinPlay aims to better serve the blockchain industry. The year 2019 will be the year of exponential growth for the TRON ecosystem."

While the acquisitions of TRON are in line with the vision and long-term strategy of the foundation, it remains unclear whether the project has been efficient in maximizing the potential of their acquisitions.

The addition of BitTorrent to the TRON ecosystem was highly anticipated because investors believed that it could bring millions of new users outside of the cryptocurrency sector to the blockchain environment in an instant.

Apart from the launch of the BitTorrent Token on Binance, the project has so far not demonstrated a viable way in which BitTorrent would be utilized on top of a blockchain network and through which method BitTorrent users would utilize the BitTorrent Token.

BitTorrent Live is not directly connected BitTorrent protocol that is mainly used for torrent downloads and sharing, and as such, the necessity of BitTorrent Token on the social media platform is questionable.