Justin Sun’s JUST NFT Fund Biggest Buyer at Huobi Night Charity Auction, Bids Total at $229,000
On April 10th, 2021 at the “Huobi Night, Road to Rising” party hosted by Huobi, the JUST NFT Fund founded by Justin Sun, founder of TRON and CEO of BitTorrent, has successfully won the bids for five NFT pieces out of the eight featured during the NFT Charity Auction at a total price of $229,000. JUST NFT Fund was the largest buyer at this Huobi Charity Auction. All proceeds will go to Huobi Charity for Huobi’s philanthropic activities.
The NFT artworks won in this auction include “Klimt” by BCA Gallery for $50,000, “KIII” by Liang Hongwei for $48,000, “The Crow” by Gabriella Barouch for $10,000, “Huobian Dream” by Dutch multimedia artist Jivinci for $33,000 and “Huo-Beam!!” by Indonesian artist Twisted Vacancy for $88,000.
Justin Sun, as an industry leader and close friend to Huobi with many years of cooperation together, has always paid very close attention to the philanthropic work of Huobi Charity. The 5 NFT works that he bid on this time are both a powerful manifestation of the mission and values of the JUST NFT Fund as well as Justin Sun and Huobi’s best interpretations of the shared vision in NFT and commitments to charity.
Justin Sun, TRON founder and BitTorrent CEO, says: “I am very happy that the artworks that have been bid by the JUST NFT Fund have become more diversified. It is also a great honor to be able to contribute to charity with Huobi. The JUST NFT Fund will continue to build a bridge between the world’s top artists and the blockchain to support the growth of native NFT artists in the crypto world.”
Justin Sun’s JUST NFT Fund had previously bid and won NFT pieces by Beeple, Pablo Picasso, and Andy Warhol as well as the NFT piece “TIME The Computer in Society — April 2nd, 1965”, which is the first image of a computer to be featured on TIME magazine’s cover, collectively at over $56 million. The JUST NFT Fund aims to be the ARK Funds of the NFT space to bridge top-notch artists to blockchain and support the growth of native NFT artists in the cryptocurrency field.
In regards to the collaborations between TRON and Huobi, the circulation of TRC20-HT on the TRON network has reached 20 million according to the latest data, with the number of independent addresses reaching 11,542. The TRC20-HT cross-chain assets issued by Huobi on the TRON network not only help HT assets to circulate on the TRON network but also enables HT to directly participate in the on-chain liquidity mining of the TRON DeFi ecosystem, which greatly increases the token’s use cases. It is reported that other cooperations between TRON and Huobi, such as TRC20-HUSD, will be launched in the near future.
Huobi Global has also recently launched a TRX, BTT, JST, SUN trading competition, where users can trade TRX, BTT, JST, SUN for a Tesla grand prize and share from a 200,000 USDT prize pool, with a great number of community users actively participating in this trading competition. With the JUST NFT Fund bids for 5 NFT artworks from the “Huobi Night, Road to Rising’’ party, this will surely be the beginning of a new collaboration between TRON and Huobi!
About TRON
TRON is committed to promoting the decentralization of the Internet and is dedicated to building the infrastructure for a decentralized Internet.The TRON Protocol, one of the largest blockchain-based decentralized operating systems in the world, offers scalable, high-availability, and high-throughput support that serves as the foundation for all decentralized applications in the TRON ecosystem.The Protocol also uses an innovative, pluggable smart contract platform to improve compatibility with Ethereum smart contracts.
On July 24, 2018, TRON acquired BitTorrent Inc., an internet technology company based in San Francisco. The distributed technology designed by BitTorrent Inc. is smart and highly scalable, and keeps creators and consumers in control of their content and data. Over 170 million people use BitTorrent products every month. BitTorrent Inc.’s protocol delivers 40% of the world’s Internet traffic every day.
About JUST NFT Fund
Founded by Justin Sun on March 29th, 2021, the mission of the JUST NFT Fund is the NFTization and transfer of the world’s top artworks to the blockchain. JUST NFT Fund will build a bridge between blockchain and the world’s top artists, supporting the growth of native NFT artists in the world of crypto.
