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TRON’s Justin Sun Named Trump Cryptocurrency Project Advisor
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THE World Liberty Financial (WLF)a cryptocurrency project linked to the president-elect of the United States, donald trumpnamed the TRON founder Justin Sunas your consultant. The announcement was made by the WLF team on their X account (formerly Twitter).
As highlighted by World Liberty Financial in the publication, Sun is founder of Tronconsultant for the HTX platform (formerly Huobi) and supporter of BitTorrent.
Young Sun was born in Xining, the capital of Qinghai Province, China. After graduating in Arts from Peking University, he did what other Chinese people of his generation did. Afterwards, he migrated to the United States to complement his studies in Asian arts. In the West, he discovered cryptocurrencies and decided to invest in Bitcoin, at a time when no one knew the subject.
In 2013, Sun joined Ripple Labs, the developer of XRP. Five years later he founded his own blockchain network. This is the TRON Network, a blockchain network focused on content creators who want to trade their content freely and directly. Today, the TRON is the 12th largest blockchain network in the world with a market value of US$17 billion.
Justin Sun, cryptocurrency enthusiast
Additionally, Sun owns BitTorrent, a file-sharing platform. was appointed permanent representative of the country Grenada at the World Trade Organization. And he can boast that he was one of four Chinese businessmen to eat steak and fries with none other than the legend Warren Buffett.
Sun’s vast experience, despite being only 34 years old, knows the cryptocurrency market in depth, explains a lot about the reason for his latest invitation. Sun was called to join the board of consultants of World Liberty Financial. This days after announcing a contribution of US$30 million on the network.
The invitation for Sun to join the WLFI board may be related to the difficulties that cryptocurrencies have faced in penetrating the market. Despite being long awaited, the The project’s launch on October 15 did not go as expected.
Before, managers expected sell $300 million worth of tokens but reduced to $30 million after launch. Even with the estimate readjustment, reports indicate that World Liberty sold just US$21 million. This was before Sun announced the acquisition of another US$30 million in assets, last Monday, the 25th.
In the official announcement, the World Liberty Financial made a point of highlighting that Sun graduated from the same university as Trump, the University of Pennsylvania. In addition to highlighting the benevolent spirit of the businessman, who acquired a work of art for the mere sum of US$6.2 million, at a Sotheby’s charity auction.
TRON’s Justin Sun Named Trump Cryptocurrency Project Advisor
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TRON’s Justin Sun Named Trump Cryptocurrency Project Advisor
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TRON’s Justin Sun Named Trump Cryptocurrency Project Advisor