Justin Sun is Breaking Boundaries in the World of Crypto
Diplomat and entrepreneur Justin Sun resides and works in Geneva, Switzerland. In his position as Ambassador, Justin Sun represents Grenada as the country’s Permanent Representative to the World Trade Organization. Sun is a creative digital diplomat and future industry pioneer best recognized for founding TRON, the preeminent blockchain DAO ecosystem.
Sun received the 2014 Davos Global Shaper Award from the World Economic Forum. He was voted the New Figure of the Year by China Network Television in 2015. He was honored by Forbes in 2015 and 2017 by being named on their lists of “China 30 Under 30” and “Asia 30 Under 30,” respectively.
Justin Sun (Sun Yuchen) was born in Xining, China in 1990. He holds a Master of Arts in East Asian Studies from the University of Pennsylvania, as well as a Bachelor of Arts in History from Peking University.
The intrepid crypto space pioneer won the $28 million auction for the first seat on Blue Origin’s New Shepard spacecraft, but he was, unfortunately, unable to go on the initial mission. His first offer was then changed to a private excursion that also included seats for five more people in addition to a private ticket. The main focus of the “Sea of Stars” charity event that Justin Sun created was the invitation he extended to five others to join him. The thrilling space expedition is slated to take place in 2023. Sun wants to inspire more people to participate in space exploration. By taking part in this space mission, he intends to increase interest in and knowledge of space travel.
In an effort to improve the democratization of the Internet utilizing blockchain technology and decentralized applications, sometimes known as dApps, Justin Sun founded the TRON network in September 2017. TRON’s mainnet launched in June 2018 – a blockchain that is wholly distinct from the Ethereum Network. After that, in July 2018, BitTorrent was integrated into the TRON ecosystem, uniting it with a pioneer in decentralized services and blockchain data storage with over 100 million monthly active users. Notably, more stablecoins are now in use on the TRON network than on any other blockchain, including USDD, the only 120% collateralized stablecoin now in circulation.
The TRON Network became fully decentralized in December 2021, and it is now a Decentralized Autonomous Organization (DAO) that is governed by the community. Sun resigned as CEO of the now-dissolved Tron Foundation and gave the TRON community control of the TRON network in an effort to demonstrate his belief that, “A genuinely inclusive financial infrastructure should be limitless, decentralized, and barrier-free.” He went on to state, “For the greater good of society, there is nothing better than for the founder of a thriving community to relinquish all control over users, assets, and data in order to accomplish great things.” Sun says he is greatly inspired by Jeff Bezos, Elon Musk, Jack Ma, and other thinkers. “Big thinkers inspire me to push myself and to break boundaries.”
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