Rediscover TRON with Justin Sun! Recapture of TRON & Bitribe Online Carnival!
Guest: Founder of TRON, Justin Sun
Host: Founder of Bitrible, Sky
Time: 03/20/2020 14:00 (UCT+9)
Format: Online AMA in text
Sky: Hi Everbody! l am Sky from Bitribe exchange. So honored to be here and nice to meet you guys !
Justin Sun: Hello everyone. Nice to meet you all.
Sky: Question 1. Hi Justin, how have you been? Is Tron still running good during this sensitive period of Corona Virus?
Justin Sun: We have been looking closely at the coronavirus outbreak. Our employees were required to maintain good personal hygiene and disinfection from the very beginning of the outbreak. Dubbed as the “Sun-Never-Set Team”, TRON has a set of global offices located in every continent of the world, including America, Europe, Asia, etc. Thanks to this, we have employees carry out work 7/24 uninterruptedly. Everything is going on track.
Sky: Question 2. Have you and Tron’s team join to some charity events to protect more people to be affected by the virus? How do you think about the blockchain’s role in charity issues?
Justin Sun: With social responsibility deeply embedded in our corporate value, TRON is deeply concerned about the coronavirus outbreak in Wuhan. Its global community Tronics has been proactively making donations to help Wuhan people combat the virus. As early as on January 30, Tronics and TRON ecosystem partners including BitTorrent, Poloniex, DLive and WINk have sent dozens of boxes of N95 masks, eye protectors, gowns and other medical supplies to Wuhan as the first donation of the epicenter rescue initiative to help protect medical staff on the front line.
Blockchain will be a strong aide to charity as it is decentralized, open, transparent and traceable enough to address the problems that are plaguing charity today. We believe blockchain technology will make charity better.
Sky: Question 3. We all know you have always compared ETH and Tron, so could you please compare both in users and ecosystem?
Justin Sun: TRON has been growing at a fast pace. It is one of the top three public chains worldwide and many believe it is also the №1 blockchain in China. Though older than TRON, Ethereum is a standalone ecosystem. TRON, on the other hand, has integrated the world’s largest decentralized ecosystem BitTorrent along with a great many interlinked products, such as a scalable decentralized storage system BTFS, the largest media live-streaming blockchain community DLive and BitTorrent Speed, which integrates the BTT token economy. These have all contributed to TRON’s strong user base, opening a new blockchain-backed economy to people all across the world. I think it’s fair to say that TRON is a leading ecosystem of our time, and we are doing a better job than Ethereum in both growing our user base and building the ecosystem.
Sky: Question 4. What kind of Dapps and ecosystem players in Korea will be Tron, BTT, and WINK’s preferred partners? Do you have any reward program for them?
Justin Sun: In this regard, TRON has always been an inclusive and diverse company. We have partnered with multiple projects before, including DLive, who joined us last December and has successfully completed its integration into uTorrent Client in less than four months. Now users can easily access it via uTorrent.
For us, the originality of a DApp matters the most. An ideal partner would be the top player in its niche market who can also grow in synergy with TRON’s major businesses. TRON will spare no effort to back any project that’s qualified enough with its well-rounded ecosystem to jointly promote the growth of blockchain.
Sky: Question 5. About BTT’s plan in 2020, do you have any big news to share with us?
Justin Sun: It’s been over a year since the birth of BTT, and we are amazed at the power it has unleashed. For instance, BTT has become the major incentive powering the decentralized BTFS network. Users can gain rewards while using the product, which to them is a pleasant surprise; BTT is also the major token on DLive, where BTT holders can receive a share of DLive’s live-streaming revenue and audiences can tip their favorite streamers; Users can also create BTT wallets on BitTorrent Speed simply with a few steps to feel the charm of BTT token economy.
In 2020, BTT will continue to invigorate the BitTorrent ecosystem by allowing users to gain BTT rewards without knowing, thus attracting more incomers into the realm of blockchain to further enhance and perfect the BitTorrent ecosystem.
Sky: Question 6. This time Tron chose to partner with Bitribe to build a larger ecosystem in Korea, could you share more about Tron family’s big plans building Korea community?
Justin Sun: Korea accounts for nearly 10% of all crypto users worldwide and boasts the world’s top 3 real trading volume. All of these point to the great potential of the Korean blockchain market. TRON is an international blockchain project that looks to partner with global quality projects. Moving forward, we will have more discussions with Bitribe to co-build a Korean community that best caters to Korean users. Please stay tuned.
Sky: Question 7. You had been through halving twice since you got to crypto. How about the third time? Could you give Korean investors here some suggestions for their personal life and the following economic cycles ?
Justin Sun: I’ll put it this way: My belief in bitcoin evolved and matured with time. For someone like me, who believes in libertarianism, bitcoin is an ultimate end in itself. So I’m certain that the value of bitcoin is now way underrated. It will be a great investment in the long run, but that doesn’t mean now we should go bottom fishing in a rush. Given the unpredictable systematic risks and public panic, I would suggest bottom fishers invest with funds that they wouldn’t be drawing on within at least a year from now.
Sky: Question 8. In 2020, do you think the global ranking for top projects’ market value will be changed? What is the expected ranking of Tron this year?
Justin Sun: If you’ve been following us closely, you will notice that last month TRON ranked second globally and first nationally on CCID’s 16th Global Public Blockchain Technology Index last month. It’s worth noting that TRON boasts a total of 721 DApps now. Added to that, developers are coming in a flow to develop projects on TRON’s blockchain, and that we have established collaboration with Samsung. We’ve never slowed down in advancing. Our goal has always been the top.
Sky: Question 9. I’m told you are a marketing genius, do you have some particular marketing events to launch in Korea?
Justin Sun: Actually, we have been running our TRON Korean community since long ago, and everyone is welcome to join our Korean Telegram at https://t.me/tronnetworkKR to keep up to date with TRON. In the future, we will launch a series of interesting campaigns for our users. Please stay tuned!
Sky: Question 10. In last niTron conference in San Francisco, you had an inspiring talk with Kobe Bryant, could you share with us some memorable moments between you and Kobe? Hope these moments will inspire all of us
Justin Sun: It was my greatest honor ever to have Bryant at our 2019 niTROn Summit, and it’s an absolute blessing for me to discuss blockchain with him. On the summit, we touched on many topics including team building, dreams, careers, innovation and our missions etc., among which our discussion on entrepreneurship impressed me the most. Kobe expressed that having the courage to move away from basketball and blaze an entirely different trail was the greatest challenge for him.
I can relate myself to that. I had worked on several other startup projects like Peiwo APP before I founded TRON. Despite the fact that TRON is already a three-year old project, there is never a moment that I don’t feel like me and our team are still at a startup stage, where new challenges keep rising. I think this is also the unique charm of the blockchain industry. I hope to carry the courage bestowed by Kobe and keep ploughing in the blockchain sector and exploring its future.
