Justin Sun, the founder of TRON, recently spoke with Tech Crunch and agreed that there are certain parallels that TRON has experienced in its short time as a cryptocurrency.” He said this while also noting that his own journey is not an isolated incident. The developer and China’s Forbes 30 Under 30 listee has quoted how “history repeats itself and we take lessons from history”.
Sun went on to summarize how past currencies have been affected by their ability to provide utility for their users. The TRX founder then concluded by talking about how he hopes to do the same for his currency when it launches later this year. Specifically, Sun noted that the coin would have a built-in Ethereum Virtual Machine, an encrypted platform and an easy to use custom token. This would enable the TRX currency to be used on its own blockchain with simple smart contracts.
Sun has also spoken with CBNC, which he agreed that his coin is “not like anything else out there”. He added that “it was specifically built for the Internet of Values”.
Even though he used the very same words to describe the TRON coin’s creation in 2017, Justin Sun has since seen much of his reality rest on the shoulders of his team. Just this week, citing complaints about a lack of progress on the token swap, Justin Sun had to apologize to traders who have been waiting for their money since being paid out.
The TRON founder was forced to respond when a supposedly disgruntled investor attacked his project in a statement posted by Sohu Finance.com. The claimant went as far as saying that TRX investors are now “being robbed” and even questioned Justin Sun about whether he is an “embezzler” or not.
Justin Sun, who agreed that the coin’s bounty program had been delayed, has stated that TRX traders “should not worry”. He also added that the team is working hard to ensure that everything is completed on time, so that everyone can receive their tokens.