Do you want to know how the LionX Ecosystem became Established on Tron ?
Well here’s how it all started …
Right before the collapse of DeFi summer of 2020, Tron Network experienced a lot of Devs migrating from EVM/solidity dominate Blockchains.
As these devs gained knowledge and recognition throughout the Tron ecosystem they started building communities of their own, piggybacking off the hype of the DeFi craze.
Projects such as “Shark Tron”, infiltrated and took a huge bite out of the unexperienced Defi community of Tron. Their Dapps were very well put together with premium quality, Tronics weren’t used to. Even the user experience was superior to anything listed on tronfarms…org at that time.
As these projects grew and established ecosystems of their own, spectators such as myself gained trust and confidence around the vision these guys were painting through development and influential individuals.
Weeks go by and these protocols continue to onboard new users to the ecosystem shifting the network into its own little bull rally on Tron. Little did we all know, these well experienced scam artists halted all their native contracts and started draining TRX that filled the protocol.
This was an intense low blow to the Tron community and new members who freshly on boarded to experience the DeFi Utility of Tron. These were extremely testing times, a lot of Tronics got wrecked during these events from malicious project founders and teams. Meanwhile as these devs and quick cash grab hunters left the network, the LION vision was set.
We all want true Decentralization, but this requires tons of responsibility.
This is where the Alliance aspect came into fruition. A foundation for us all to balance risk/reward as a collective. We wanted to find ways to restore confidence back into the people of Tron. We wanted to create resources to combat/defend our people from exploits &/or scams .
At that given moment the community of LionX was brought to existence. This ecosystem is morally family oriented, seeking never to leave a member behind.
The Lion ethos is built around a unified collective mentality. Helping thy neighbor is a big key to the economical success of LionX in this current state.
The CoreX team by Q1 2021 became establish & these individuals were the first humans to step foot and build on the digital motherland we call LionX .
These individuals vowed to guide the community to a safe path of self-sustainability & Decentralization.
CoreX from that point, immediately started to do their part by building the initial LionX infrastructure while creating opportunities for this brand new economy.
Shortly after, the Lion Digital Alliance Token was born. The Two main implementations to this Scarce Asset is Utility & Governance of LionX .
This Token creation brought the political World of LionX to life. Naturally forming our very own DAO within the Ecosystem.
Any changes made to the platform will only be executed if successfully passed through our LDA proposed voting system.
With governance set into place, the CoreX team tunneled it’s vision on integrating utility and value to the LionX realm. They immediately plugged in full stacked DeFi Networks built around The Lion Digital Alliance Token. Thus creating a structured independent payment system for The LionX ecosystem. Smart contracts native to LionX are built to have little to no human interference, which means these systems run independently with code being law.
As time went on, LionX positioned it’s ecosystem into the NFT space. Making the digital economy one of the first projects on Tron to explore NFTfi.
Experience grew within the community, therefore creating the opportunity to expand Native LionX products, services, tools, and resources around The NFT standard as well as DeFi . These events gave the project a chance to establish itself as a full-fledged operating system through in-house smart contracts.
With LionX being fully Governed by The LionDAO. These political point of views will overlook The self operating systems of DeFi & NFTs. The CoreX team wanted to come up with a way to integrate existing projects & communities into the LionX ecosystem organically, which will Ultimately create utility and value of all types. High level discussions around this topic gave birth to the LionX Umbrella Project .
These projects are advised &/or guided by the CoreX team before fully integrating into the self functioning super power machine of LionX. These projects are the future of this Decentralized Ecosystem of Networks .
Fast forward to current times the CoreX team is actively building the next era of Web3 Dapps on Tron. Our community is continuously growing and positioning itself for the merge of traditional to digital. We’ve integrated the merge with Native Smart contracts fully running our platform. We hope to become a model for traditional organizations to witness the economic benefits of implementing Blockchain and Web 3.0 technology to their businesses &/or communities.
It’s been a long journey, but this is only the beginning for this vibrant Community of Lions.
I’ll leave you guys with one thing I’ve learned over this path of establishing LionX so far…
Try your best to figure out the intentions (genuine vision) behind each project and team when evaluating.
Blockchain & Web3.0 is like Power. There’s no such thing as Good or Bad Power, It’s the INTENT on how YOU choose to use that Power .