Forget The Trolling, Justin Sun Of Tron (TRX) Just Pulled A Chess Move Beneficial For Crypto
Forget The Trolling, Justin Sun Just Pulled A Chess Move Beneficial For Crypto
Fake it till you make it. This seems to be the slogan for TRON’s founder Justin Sun. Unfortunately, his aggressive marketing stunts have, in most cases, left a bad taste in the mouth of the crypto community.
For example, last year, Sun claimed to have entered into a partnership with Baidu, one of the leading internet companies in China. It later turned out that TRON and Baidu had not signed any contract.
More About The Baidu Deal
According to Sun, TRON had acquired services of Baidu to build, debug, launch and operate products on Baidu Cloud. Unfortunately, there was no contractual agreement between the two firms and in essence, TRON was just a client of Baidu Cloud.
“The ‘partnership’ between Baidu and TRON is basically about TRON buying cloud computing resources from Baidu. The two parties have made no contract at the blockchain business level.”
As if the Baidu ‘partnership’ was not bad enough, Sun pulled another one, this time with a famous football club; Liverpool.
Liverpool Denies Partnership
On Twitter, Sun wrote:
“Thank you for the unique and innovative invitation, Liverpool! I am impressed, and I’m looking forward to exploring this TRON new partnership together!”
Justin was referring to a video seemingly sent from Liverpool to TRON. However, Liverpool responded and denied any ongoing or planned engagements regarding a possible partnership with TRON or its founder. As per Liverpool’s spokesperson:
“We do regularly engage with lots of companies to better understand their business, and we have extended an invitation to TRON – along with many others. To be clear, no discussions have taken place.”
Sun has a way to keep the adrenaline in the crypto community up. On May 31, the TRON blockchain founder revealed that he has an important announced to make on June 1, postponing it to June 3 but that’s before TRX and BTT surged over the weekend. Sun termed the announcement as “big win for the blockchain community!”
Sun And Buffett Have A $4.6 Million Lunch, A Hit Or A Miss?
Come June 3, Justin excitedly said he had won lunch with a billionaire investor, Warren Buffett. In what seems like an auction, Sun paid $4.57 million for the charity lunch. Although Buffett has in the past made it clear that Bitcoin and crypto are “rat poison squared,” the lunch stunt was better compared to the Baidu and Liverpool announcement. Justin said he would “also invite blockchain industry leaders to meet with a titan of investment.”
Better than The Past
Unlike in the past, the lunch date with Buffet received some recognition from top individuals in the crypto scene. For instance, the CEO of Binance, Zhao Changpeng, said:
“A very smart move for Justine sun, now the whole traditional financial industry has eyes on crypto (and TRX of course). Who is this crypto kid? Kudos for pushing adoption, Justin!”
Additionally, another crypto enthusiast tweeted:
“I have been in crypto since 2016. Seen almost everything. We are still in a very early stage of cryptocurrency. That’s why what Justin Sun did was a very smart move for all crypto community. Good job! Know his mind/story well before criticizing him.”
Overly, the space is “young” and Justin might get the stick, get trolled but at the end of the day, he got people to talk about crypto and blockchain. His reputation may take a hit but nonetheless, he is an industry leader and if anything, this was a chess move for the betterment of the sphere.