Mathisen Marketing

Your Marketing Blog

Justin Sun, The Person Behind the Crypto Coin Tron (TRX)

Justin Sun, The Person Behind the Crypto Coin Tron (TRX)

As an affiliate, we may earn from qualifying purchases. We get commissions for purchases made through links on this website.

Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase

Kanalcoin.com – For those of you in the cryptocurrency world, you must be familiar with this number. That person is Justin Sun, the founder of Tron and the man who created Tron’s cryptocurrency (TRX).

Profile of Justin Sun

Justin Sun was born on July 30, 1990. He is known as an entrepreneur who plays a big role in the blockchain industry. He is also known as the founder of Tron Foundation and CEO of Rainberry Inc and Bittorrent as of June 2018.

Justin Sun earned an MA in East Asian Studies from the University of Pennsylvania and a BA in Historical Studies from Peking University.

At the age of 26, Jack Ma chose Justin Sun to study at Hupan University. Justin is the only millennial among the first Hupan University graduates. He was also the cover figure of Yazhou Zhoukan in 2011 and Davos Global Youth Leaders in 2014.

Justin Sun’s career journey

In 2012, Justin Sun founded Peiwo. Peiwo’s attitude started when he heard Bitcoin for the first time. From then on, he started investing his one year tuition to buy Bitcoin. When Bitcoin price started to rise, Justin Sun actually cashed out his money to set up Peiwo.

Peiwo is an app with a vision to become the Chinese Snapchat for user-to-user communication. In his development, Justin Sun performed the analysis with a 10-second audio sample.

Peiwo also introduces various channels that allow users to find like-minded friends. For example, through live streaming, talent shows or online games. To date, Peiwo has discovered more than 4 billion chats.

Justin Sun is also the CEO of Bittorrent or BTT. Bittorrent or BTT is a peer-to-peer file sharing or distribution platform.

Justin Sun’s Journey in Crypto and Tron

In 2017, Justin Sun founded the Tron platform. This platform was created with the goal of creating a decentralized, scalable, efficient and cost-effective Internet ecosystem.

In addition to Justin Sun, Tron’s CTO Lucien Chen, CTO Keelson Yang and developer Xie Xiaodong are the key people in Tron’s founding. Justin’s multiple achievements managed to get him included in Forbes magazine’s “China Under 30” and “Asia Under 30”.

Tron is a decentralized platform that uses blockchain technology. This platform has a peer-to-peer (P2P) system, which aims to build a digital entertainment content system.

The Tron platform allows you to share your content anywhere, anytime. In addition, you will be rewarded for the content created when the content is shared publicly.

The Tron platform is rapidly growing into one of the most active open blockchain and smart contract platforms in the world. To date, the number of Tron users has reached more than 32 million accounts. Tron also has a strong portfolio. This can be seen from the 150 million active DApps and an average of one million transactions daily.

The Tron platform started an Initial Coin Offering (ICO) for the TRX coin which ended last September 2017. They managed to raise $70 million in funds from the offering.

Within a year, Tron was among the top ten cryptoassets based on market cap data. If previously the main network of Tron tokens was ERC20, now the token will move to the TRX network.

Tron’s cryptocurrency is a solution created to eliminate third parties between content creators and content lovers. In this way, the costs paid by content experts become cheaper, because no discounts are granted to content brokers.

For example, movie viewing apps like Viu are intermediary apps between filmmakers and moviegoers. The viewer of the film is obliged to pay the subscription fee, which is actually the payment of the intermediary of the Viu application.

On the Tron platform, customers do not have to pay commissions such as It saw application. In this way, the costs paid for enjoying the content are much cheaper.

In addition, the information on the Tron platform is completely under the control of the user. The user has the full right to protect his personal data. I hope that there will be no more leaks of user data in the future.

At the same time, there are similarities between Tron transactions and Bitcoin cryptocurrency transactions. The difference is that Tron adds an extra security system when users make transactions.

Bought NFT Avatar TPunks for 149 billion

Justin Sun was shocked NFT in the world because it was reported that he bought the Joker avatar NFT for 10.5 million US dollars or equivalent to Rp. 149 billion. Avatar is Tron’s original NFT series called Tpunks. The Tpunks series releases 10,000 avatars, which is quite rare, so it’s no wonder that NFT collectors are chasing the NFT series.

Previously, Justin Sun had been an active bidder for Beeple’s NFT sale titled “Everyday’s: the First 5000 Days”, which was auctioned at Christie’s auction house. He made an offer of 60 million US dollars, but there was an unknown buyer who bought it first for 250 thousand dollars or the equivalent of Rp. 3.7 billion at the end of the offer.

This was a short article about the career of Justin Sun, the figure behind Tron (TRX) cryptocurrency, who is also quite influential in the crypto world.

Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase

Source link

Leave a Reply

Your email address will not be published.

Latest Posts

  • Analyst Maps Worst Case Scenario For Bitcoin – BTC Price Might Drop To This Level

    Analyst Maps Worst Case Scenario For Bitcoin – BTC Price Might Drop To This Level

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase The post Analyst maps Bitcoin’s worst-case scenario – BTC price may fall to this level appeared first on Coinpedia Fintech News While the world’s first cryptocurrency, Bitcoin, is struggling above $19,000, one prominent analyst is predicting an upward trend for […]

    Read More

  • Forget Ethereum and Bitcoin, Renewable Energy is Near a Flippening

    Forget Ethereum and Bitcoin, Renewable Energy is Near a Flippening

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase Maxx Chatsko Zero-carbon energy will soon produce more than half of the electricity consumed in the United States. Crypto investors are familiar with “Flippening”, a hypothetical future where ether’s market cap overtakes bitcoin’s. At the end of September 2022, the […]

    Read More

  • Do Kwon a wanted man as Interpol issues ‘Red Notice’

    Do Kwon a wanted man as Interpol issues ‘Red Notice’

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase Terraform Labs founder Do Kwon is facing an international arrest warrant days after South Korean prosecutors expressed concern that he was “on the run.” On Monday, South Korean police revealed that they had sought Interpol’s help in arresting Terra’s boss. […]

    Read More