2023, although the cryptocurrency market is still full of volatility, for Justin Sun, it is another magnificent year.
The aftermath of the FTX collapse has repelled the confidence of investors and practitioners throughout the year, and for the first time regulators have taken a look at the nascent industry. Under the double blow inside and outside the industry, as the founder of TRON and a member of the Huobi HTX Global Advisory Committee, Sun Yuchen said that he is still optimistic about the industry in Hong Kong, Tokyo, Seoul, Singapore, and other places, and predicts that people will see the arrival of recovery as early as the fourth quarter.
Justin Sun's call not only regained the confidence of many practitioners, but also the TRON TRON he founded has gained 200 million users with strong growth, which really shows people inside and outside the industry that the era shaped by blockchain and crypto technology has become a clear trend. As a tycoon who has been in the industry for ten years, he has always been at the forefront and has become an evangelist and leader in the digital age.
Gorgeous 2023
In September this year, Justin Sun attended the "Korea Blockchain Week 2023" in Seoul, South Korea, which is the largest blockchain event in Asia, which has attracted great interest from the Korean station of the world-renowned magazine "Fortune". During the conference, Sun Yuchen accepted an in-depth interview with South Korea's "Fortune", Sun Yuchen told reporters, "My dream is that everyone in the world can conduct financial transactions in the blockchain ecosystem" and "finally let everyone enjoy financial freedom".
This is one of the many events he will participate in offline in 2023, and what remains unchanged is that whether it is an old player in the industry or a curious person outside the circle, Sun Yuchen will take the trouble to "teach and solve doubts". 2023 will be an eventful year for the crypto industry, and many people are afraid to avoid it, but Sun Yuchen tries his best to arrange offline activities to meet everyone. For practitioners, seeing Sun Yuchen means that the industry can continue to move forward.
Early. Although there were "unfriendly voices" against Sun Yuchen on the social ** platform, web30 Carnival, when I saw Sun Yuchen offline, I all turned into fans and sisters, hoping to take a photo with "Brother Sun". Sun Yuchen focuses on how the crypto industry can reconcile with regulation and grow into the backbone of the digital age.
During his visit to Hong Kong, Sun Yuchen revealed his latest thoughts on the development of the industry and his personal positioning, and put forward the "three major positions" - he has always been a staunch evangelist, advocate and builder of the crypto world.
What Justin Sun hopes to do and is doing is to open the bridge between the crypto industry and regulators through his interactions with sovereign states, world organizations and regulators.
On the other hand, TRON TRON, which he founded, became the world's largest DAO (decentralized organization) after completing decentralization, which is the world envisioned by Satoshi Nakamoto, the publisher of Bitcoin, and the hope of all crypto industry practitioners. A decentralized platform that provides the most convenient and low-cost blockchain network services for all users under the maintenance and contribution of global nodes.
By the last month of this year, the total number of TRON users exceeded 200 million, and according to a report by industry **TechFlow on December 15, the TRON network had 1.5 million daily active users on that day, four times that of Ethereum, making it the most active public chain.
In addition, in accelerating the promotion of crypto technology to reshape the financial system, Justin Sun and TRON have also firmly grasped the dominant position in the direction of stablecoins, becoming one of the world's largest stablecoin circulation platforms. Among them, this year alone, Tether, the largest stablecoin issuer, has issued more than 10 billion USDT on the TRON network, making the TRC-20 version of USDT in circulation accounting for 60% of its total circulation.
In addition to this, Sun is constantly looking for new narratives for the industry. At a time when concepts and outlets such as LSD (Liquid Staking) have not driven the industry to recovery, Sun believes that RWA is one of the most important directions of the crypto industry, which can integrate the assets of the online and offline worlds and introduce crypto technology into specific application scenarios. In less than half a year, STUSDT, the first RWA protocol in the TRON ecosystem, has rapidly grown into one of the top 10 DeFi protocols, driving the boom of the entire RWA track.
With continuous exploration and practice, the achievements of Sun Yuchen and TRON have been recognized by the industry. Justin Sun not only won the title of "Crypto Entrepreneur of the Year" (Blockchain Life 2023) and "Crypto Changer of the Year 2023" (Benzinga), but also won the "Crypto Philanthropic Person of the Year" (The Giving Block), and also won the "Metaverse Navigator Award" (Wiki Finance Expo 2023).
TRON also won the "Layer 1 of the Year" (Blockchain Life 2023) and the "Best Web3 of the Year".0 Platform" (Genesis XBT) and the 2023 "Financial Freedom Ambassador Award" (Wiki Finance Expo 2023).
Digital Future: A Metaverse Financial Freeport
2023 is a year for Justin Sun to achieve his goals and set off firmly for the next goal.
The number of users has soared to 200 million, becoming the most active and most widely used blockchain public chain in the industry, and the achievements of TRON founded by Sun Yuchen are enough to make peers unreachable. But for him, the goal is not the digital change of TRON, but how to lead the industry into the lives of 8 billion people around the world, and make encryption technology the underlying technology application of the digital future.
When talking about the future plan of TRON TRON, Sun Yuchen revealed that TRON is based on becoming a new generation of blockchain technology, which will help the development of the global digital economy and promote people's wealth accumulation and resource exchange. In the future, the applications on TRON will continue to innovate and upgrade to bring more diversified digital economy services to more global users. In the future, TRON will be a blue ocean full of opportunities and vitality, contributing to the realization of financial freedom for global users, and eventually becoming a real financial free port for the metaverse.
His idea is to make the TRON platform a Web30 basic applications, under the conditions of TRON's huge user attraction, convenient network services and low cost and low threshold. The TRON platform is almost the "Musk rocket" in his eyes, and it is the "ark" to realize the "migration to Mars".
Knowing that this is not easy to do, Justin Sun said, in response to a question from a South Korean journalist, "I know it's a difficult thing to do," because finance needs trust, understanding and compliance with the rules of each country. He wants to create a world where more people, and ultimately, economic freedom can be enjoyed by all people.
Sun Yuchen has always believed that encryption technology is an innovative technology, and in this process, "there are problems that cannot be solved this year", but they may be solved next year, "I have always believed that technology and innovation should be used to solve problems".