July 18, 2026

Capitalizations Index – B ∞/21M

Tron’s Justin Sun Plans to Give Away $20M and a Tesla

Tron’s justin sun plans to give away $20m and a tesla

Tron’s Justin Sun Plans to Give Away $20M and a Tesla

Tron’s justin sun plans to give away $20m and a tesla

Photo: Justin Sun / Facebook

With the title: “Global Appreciation Campaign” on the picture, Justin Sun is celebrating the echoing success of his blockchain network, the addition of USDT on TRON and BitTorrent. As highlighted on the tweet, to be part of the giveaway you just have simply to follow and retweet the post.

Additionally, to reassure the fans and the coin’s supporters that this is not a fake post neither a hack Sun added:

Apparently, the first phase of the Tesla giveaway will end on March 27 and those who want to participate have to follow Sun on Twitter and retweet his post. So far, it has been retweeted over 29,000 times.

As for the second part of the initiative, which includes the $20m cash airdrop, there’s no additional information shared.

Celebrating a Partnership Between TRX and USDT

The entire stunt celebrates the success of BitTorrent Token (BTT) and the recent partnership between Tether (USDT) and TRON (TRX). As we already reported, Tether is set to be introduced on TRON’s blockchain.

Justin Sun, as is well known, is the most strategic in terms of marketing among the founders of crypto projects. He recently said that he is willing to accept the top 5 or 6 spots if things don’t go as planned. TRX is currently ranked as the No. 10 cryptocurrency on CoinMarketCap.

However, in an early morning segment on CNBC’s Street Signs Asia show yesterday he said:

“Basically, I think the valuation and market cap are just the surface of the business. Primarily, I’m more focused on the business development, technology, and lots of exciting things going on with the Tron network.”

Sun also said that he expects that tech leaders such as Facebook will do a great deal for mass adoption of crypto. It seems that we’ll just have to sit and wait.

Twitter Ads Info and Privacy

His participation on social media, sharing every step of Tron’s progression and collaborations, poking competitors like Vitalik Buterin, CEO of Ethereum, and supporting his allies like Changpeng Zhao, CEO of Binance, can be said to be omnipresent.

The last one, Changpeng Zhao, recently responded to an older tweet by Musk who said he wanted to build a site where news articles, journalists, and publications would receive a credibility score, to which CZ responded:

Musk previously revealed that he believes Bitcoin is “brilliant” and that it surpasses paper money. He has yet to participate in the Bitcoin Lightning Torch relay, however, despite the crypto community’s best efforts to transact with him.

And while Musk may have yet to go all-in on crypto, another tech entrepreneur is diving in head first. Jack Dorsey, who is at the helm of both Twitter and payments app Square, continues to engage with the crypto crowd. Most recently he tweeted a picture of a gold chain that he purchased with Bitcoin via the Square Cash App.

This transaction mimics the transparency of the blockchain in more ways than one in that it displays the current value of the 24k gold versus the price purchased in real-time. If Tesla’s Musk ever decides to integrate bitcoin payments, he might want to think about incorporating some way to illustrate sustainable-energy savings.

TronBet Records Over $40 Million In Weekly Betting Volume

Recently, the Tron blockchain network surpassed 2 million mainnet users. This, after only 249 days since Tron’s mainnet went live in late May 2018. Although dApp usage has remained relatively low, with over 90% (on average) of distributed applications not recording any transactions last month, there appear to be several Tron-based dApps that are seeing increased adoption and a relatively high user base.

TronBet, a decentralized gambling dApp developed on the Tron network, reportedly recorded $41 million in weekly betting volume earlier this month.

Published at Thu, 14 Mar 2019 11:03:31 +0000

Previous Article

How To Earn Cryptocurrencies Online? – Karlo Abart – Medium

Next Article

BitTorrent Token Price Doesn’t Budge Despite Justin Sun’s “Hype’ Campaign

You might be interested in …

South Korean gaming giant Nexon acquires Korbit for $80 million, $150 million valuation

South Korea has had bitcoin fever in the past few weeks, and the fire just continues to be fueled. Top exchange Korbit has been acquired by gaming company giant Nexon for 91 billion Korean won.


The Growing South Korean Market

South Korea has been disrupting the charts when it comes to cryptocurrency trade volume, and the old money is noticing. Many companies in South Korea are hopping aboard the train, investing heavily in the nation’s crypto sector. Bithumb, a Korean exchange, is actually at the top of the charts right now in terms of total trade volume. With this increasing demand, more and more exchanges are popping up taking advantage of the increased interest.

Another Korean-based exchange known as Korbit is quickly climbing the ranks as well, recently joining the top 15 exchanges globally. While the company is still new and is a long way behind Bithumb, it is recording more trade volume on certain digital currencies. And some bigger corporations in the region are trying to get in early.

Nexon is a gaming company that was founded in the mid 1990’s and is a global leader in MMORPGs and other mobile games. At the beginning of the decade, they moved their corporate headquarters from Seoul to Tokyo, Japan, which also happens to be one of the first nations to declare bitcoin as legal tender.

Nexon Acquires Korbit

They purchased Korbit earlier this week for just around 91 billion Korean won, worth roughly $80 million USD. The details of the purchase is that Nexon bought 65% of Korbit’s shares and took over all managerial operations. Nexon commented on the agreement, saying they hope to diversify their business model, along with restating their confidence that blockchain technology will continue to grow and become more and more mainstream.

Do you think South Korea will continue to become a crypto-giant? Do you think this is the end of the money trail? Let us know in the comments below!


Pictures courtesy of  Pixabay and Wikimedia Commons.

The post South Korean gaming giant Nexon acquires Korbit for $80 million, $150 million valuation appeared first on Bitcoinist.com.

Top 20 best small business ideas for beginners in 2017

Top 20 Best Small Business Ideas for Beginners in 2017

Top 20 Best Small Business Ideas for Beginners in 2017 Top 20 best small business ideas for beginners in 2017. Start a small business with low cost capital investment in 2017. Also, Subscribe our young […]