Justin Sun of Tron Looks to Capitalize on Top Ethereum Company’s Staff Lay Off from ConsenSys


Ina recent tweet uploaded by Justin Sun, he urges ConsenSys and Ethereum developers and workers to send their resume to Tron. A few days ago, a rumour spread on the internet regarding ConsenSys reducing its staff between 50% and 60% after a prolonged bear market in 2018.

ConsenSys is one of the most popular companies in the crypto space. The firm has been working as an incubator focused on different Ethereum-based startups. During 2018, it was able to increase the number of employees even with a bear market that affected several companies.

As we wrote some days ago, ConsenSys is evaluating this situation in order to improve the situation of the firm.

One of the sources informed on this issue:

“The world has not collapsed as [Joseph Lubin] planned, and so he needs to pivot this company because it was orchestrated for a vision only where Ethereum would be $10,000.”

However, Tron (TRX) seems open to receive new applications and start working with those experienced individuals from ConsenSys. Justin Sun, the founder of the TRON Foundation, showed himself very open to receiving new employees.

Interested individuals can send an email to [email protected]

Tron has been growing during the whole year, even during this bear market. The blockchain platform launched its own mainnet some months ago and it has also released its Tron Virtual Machine (TVM) to help developers deploy their decentralized applications (dApps).

Justin Sun has also mentioned a few days ago that Tron has more than 50 dApps and that soon will be more than 80. This shows that the network continues to grow even when most of the virtual currencies lost part of their value.

Moreover, data provided by tronscan.org, the number of transactions on December 20 broke a new record. The network registered 308,829 transactions. The number of addresses is also growing day after day. Just a few days ago, there were 946,554 accounts on the Tron network.

TRX is also the tenth largest virtual currency with a market capitalization of $1.34 billion. Each TRX coin can be purchased for $0.02 according to CoinMarketCap. During the last seven days, TRX is the second-biggest gainer in the top 28 registering an increase of 57%.

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