Today #TRON is entering the Governance Era, with all 27 SRs elected by the community! A small step for TRON, a giant leap for digital democracy and for $TRX holders. Keep voting to elect SRs for our community! Make your voice heard ✊ pic.twitter.com/7lYdXISeHj
— TRON Foundation (@Tronfoundation) August 22, 2018
The Super Representatives elected so far come from the following countries – the U.S., Brazil, South Africa, Romania, Germany, China, Vietnam and South Korea.
The list of elected Super Representatives include peer-to-peer file sharing platform BitTorrent, TRON co-founder Justin Sun and blockchain capital group CryptoDiva.
uTorrent – a BitTorrent client which is currently maintained by a team of developers at BitTorrent – has also been chosen as a Super Representative.
The election, which started on June 26, was conducted to appoint 27 Super Representatives, tasked with playing a key role in the company’s governance.
There are still more Super Representative candidates, going by the company’s website, and elections are expected to continue. According to the website, the company plans to have over 50 stand-by Super Representatives.
TRX fails to fend off crypto bears
However, the coin’s price did not reflect the positive development. As of 2007 GMT, TRX had edged 2.3 percent lower against the U.S. dollar to trade at $0.02.
The decline is mainly because of the bearish trends seen in the broader cryptocurrency market. At the time of writing, most major digital coins were trading in the red.
Actually what they are doing IS gonna benefit the price eventually. For now it’s a bear market which no one can change
— Peter Møller Hansen (@Ebbeneser) August 22, 2018
TRON has been the subject of a number of interesting developments since the successful launch of its MainNet on May 30. The events include its recent token migration, the launch of its very own virtual machine and of course, its much-awaited secret project.
Image via Medium
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