TRON: TRX Token Launched as ERC-20 in September 2017 Before Mainnet Migration
TRX token was originally launched as ERC-20 token on Ethereum blockchain in September 2017 through ICO, raising approximately $15.2 million in initial funding.
The TRX ICO allocated tokens with 40% to private investors, 20% to TRON Foundation, 20% to community, 10% to team, and 10% reserved for future development.
After TRON mainnet launched in May 2018, all ERC-20 TRX tokens were migrated to native TRX on TRON blockchain, becoming independent from Ethereum.
Real fact: TRX's ICO-to-mainnet transition was clean with no token loss — all ERC-20 holders received equivalent native TRX.
@JustinSun @TRON DAO @JUST DAO #TronEcoStars
TRX token was originally launched as ERC-20 token on Ethereum blockchain in September 2017 through ICO, raising approximately $15.2 million in initial funding.
The TRX ICO allocated tokens with 40% to private investors, 20% to TRON Foundation, 20% to community, 10% to team, and 10% reserved for future development.
After TRON mainnet launched in May 2018, all ERC-20 TRX tokens were migrated to native TRX on TRON blockchain, becoming independent from Ethereum.
Real fact: TRX's ICO-to-mainnet transition was clean with no token loss — all ERC-20 holders received equivalent native TRX.
@JustinSun @TRON DAO @JUST DAO #TronEcoStars