Justin Sun - a Chinese cryptocurrency entrepreneur and business executive. He is the founder of Tron (founded in July 2017), the DAO blockchain ecosystem. Sun is the Permanent Representative of Grenada to the WTO.
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Short biography of Justin Sun
Justin Sun - a serial entrepreneur who is very well known in the blockchain industry. He is the founder of the TRON Foundation and is the CEO of Rainberry Inc. dba BitTorrent since June 2018. Previously, Mr. Sun led the development of Ripple's Chinese business. He founded Peiwo, a popular online chat app in China with over 10 million registered users, serving as its CEO until July 2017. He became Davos Global Shaper in 2014 and was listed in Forbes 30 Under 30 China and Forbes 30 Under 30 Asia in 2017. Justin received his MA from UPenn in 2013 and his BA in History from Peking University in 2011.
Justin's career
Sun studied at Hupan University. He also featured on the cover of Yazhou Zhoukan in 2011 and Davos Global Youth Leaders in 2014. In 2015, he was named CNTV's Most Notable New Entrepreneur and was named in Forbes China 30 Under 30 from 2015 to 2017. In September 2017, his company Tron held an initial coin offering (ICO) for the TRX token days before the Chinese government banned ICOs. According to The Verge, Sun was aware of the impending ban and pushed for the sale before the ban was announced. Soon after, Sun left China for the United States. Justin Sun rose to international prominence when he paid €4 million for a lunch with Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, in the summer of 2019. Justin claimed that he wants to be the first person to get Warren to invest in cryptocurrencies.
Tron blockchain
Tron - a blockchain, based on a decentralized database system that serves as a back-end for cryptocurrencies. Tron uses the features of blockchain and peer-to-peer (P2P) network technology to eliminate the middleman and allow content creators to sell their work directly to consumers. Software developers use the Solidity programming language to create applications, hosted on the Tron platform. The currency, used on the network, is Tronix or TRX. Network users use TRX to directly pay content creators to access their apps. Content creators do not pay transaction fees to Tron. (TRX transactions are also free on the platform.) Users can store their crypto assets in a desktop, mobile or hardware wallet. The Tron blockchain adds a new block every 3 seconds, and those who added a block receive 32 TRX tokens.
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