The TRON (TRX) and Baidu ‘partnership’ all started with a tweet.
Finally, First time to partner with tens of billions USD valuation industry giant. Guess the name 😊#TRON #TRX $TRX[1][2][3]
— Justin Sun (@justinsuntron) October 12, 2018[4]
TRON’s founder, Justin Sun, is notorious for vague ‘pump’ tweets[5] and this one was no different. TRON’s ICO ended at the beginning of Sept 2017, and that’s when the “wait for our next big partnership that’s coming soon” marketing tactic began. In the beginning, it was effective. Sun would post a tweet of this nature[6] and TRX would jump in price. Eventually, investors stopped listening because the partnerships made weren’t as big as expected.
Unfortunately, when TRON completed its mainnet and various other foundational milestones worthy of a price pump, investors were burnt by the project’s previous marketing tactics and didn’t purchase TRX.
TRON (TRX): The Boy Who Cried Wolf?
It seems the TRON team is sticking to what they know and it seems to have worked again. TRX soared 10% in price when the unconfirmed reports specified that Baidu was the ‘mystery’ partner. There has yet to be an official announcement made by either TRON or Justin Sun about this said partnership.
According to the Chinese crypto news site Odaily[7], TRON is only renting cloud server space from the Beijing-based tech giant.
The translated press release states[8]:
“Wave Field TRON will build compatibility with Baidu Cloud to build, operate and debug blockchain products to optimize compatibility and optimize the development experience.”
1/ ODaily: The 'partnership' between Baidu and Tron is basically about Tron buying cloud computing
