It is reported, TRON will launch virtual machine on May 25 (UTC+8), mainnet on May 31, token migration on June 21 and the first 27 super representative elections on June 26. With this date approaching, today, LoMo announced that it would support the TRON blockchain upgrade and token migration. Investors only need to deposit TRX’s ERC-20 tokens to LoMo before June 24th in 2018 (UTC+8) and will receive the equivalent TRX token after mainnet launch. No transaction is affected during the migration.
By creating a new type of barrier-free global monetary social model, LoMo aims to offer global assets for users, provide brand advertisements, and help build relationships between businesses and consumers. By cloning entity assets in the virtual world, LoMo aims to connect the physical and virtual world to help meet the pursuit of culture, entertainment and education. Through the circulation of virtual currencies, in combination with one’s geographical location, we are able to create a whole new online world by extending the value of the blockchain and integrating it with the geographical positioning of our users.
Here is what you should know about TRX token migration: https://medium.com/tron-foundation/guide-to-independence-trx-token-migration-269302b6655c