Join:Deep’s interview with Tron founder Justin Sun on June 24

Who is Justin Sun? Sun is an influencer in the cryptocurrency industry with a large number of Facebook followers. Sun earned a bachelor of arts degree in history from Peking University (2007-2011) and a master’s degree from University of Pennsylvania (2011-2013). Since his university days, Sun has maintained a high profile for his outspoken remarks in various fields. In 2011, he was featured as one of the Chinese elite born in the ‘90s in a cover story in Yazhou Zhoukan, a Hong Kong-based magazine. Sun founded the app Peiwo, which is considered China’s answer to Snapchat. Sun was also featured on the exclusive Forbes 30 Under 30 Asia list of young business operators in 2017. While studying in the United States, Sun took charge of the Chinese market for Ripple Labs from December 2013 through January 2016. During that period, Sun raised tens of millions in Series A investment. Sun’s ascent was helped by a recommendation from Alibaba founder Jack Ma. Ma founded Hupan University, a school for entrepreneurs. Sun was a student there, the only student born in the ‘90s. Purpose Tron was announced in August 2017, but faced a ban by the Chinese government for an initial coin offering on September 4. The purpose of Tron is to function as a platform for creating entertainment-focused decentralized applications. It has been designed to save and spread multimedia content like text, audio, photos and videos without having to rely on certain service providers. The goal is to create a market structure where users can use the media service without paying commissions. Its payment structure has been designed to offer better pay to content producers. Reputation As of Thursday, the market value of Tron stands at 2.2 billion dollars. It is ranked 12th by CoinMarketCap, which ranks cryptocurrency market capitalizations. It raised around $70 million through an initial coin offering in September 2017. In June 2018, Tron acquired BitTorrent, a peer-to-peer file sharing service provider with more than 100 million monthly active users, for $120 million. After issuing BitTorrent tokens, they were sold out on the Binance Launchpad on June 1 in just 15 minutes. Fraud or practical stunt? Tron was criticized in China for outlandish publicity stunts and plagiarism. Sun is suspected of fleeing China two days before the Chinese government announced its regulations on initial coin offerings. Tron was criticized within the cryptocurrency community for plagiarizing IPFS and Filecoin whitepapers, which Sun later explained as translation errors. Some question whether plagiarism matters in blockchain, as it is open source and therefore the code can be easily imitated. But the fact that footnote attribution wasn’t clear made plagiarizing from other crypto projects an issue. Among cryptocurrency developers, Tron was criticized for not having enough developers. But Tron accumulated positive reviews for recruiting skillful developers while other cryptocurrencies were reducing the number of their developers. The easy conversion to cash when cryptocurrency was booming was considered a positive aspect of Tron. Developers and investors are generally positive about Tron, which is reflected in Tron’s market value. Tron tries to expand its networks with diverse companies, and is working on raising it name recognition among the general public. By acquiring BitTorrent, it was able to launch a public blockchain platform that could be easily used by people without much knowledge about how it functions. Purpose of June 24 interview Tron is a project based on Ethereum. For a cryptocurrency project to raise initial capital, Ethereum is usually used. Soon after, the mainnet is developed, through which tokens are exchanged into coins. Tron launched the mainnet odyssey 2.0 on May 31, 2018. Odyssey is the mainnet for Tron. An improved mainnet odyssey 3.6 is to be launched on June 25. Tron has labeled the day Tron Independence Day. Tron has been passive about interview offers in Korea and China, but has decided to join interviews from the global press as a means to promote the day. Join:D will be the first to host an interview through its YouTube channel Join:D at 9 p.m. on June 24. An interview with the U.S. press will take place at 3 a.m. June 25 Korean time. Why Join:D? Join:D is a joint venture formed by JoongAng Ilbo and Bitmain, a global crypto mining giant. Shareholders include Globus, a subsidiary of China’s media company Caixin Global, which provides economic and financial news. Globus is responsible for distributing Join:D contents. Globus, which has a strong network in China, actively pushed for the interview. *Come and visit the Join:D YouTube channel at 9 p.m. on June 24 (Monday). Join:D will deliver the questions or remarks you wish to deliver to Justin Sun. (Please don’t forget to subscribe)

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