Justin Sun – Genius or a Crypto Eccentric?

November 1, 2019


The blockchain and cryptocurrency revolution was brought to the world by visionaries: individuals, often called geniuses.

These were the people who realized that a centralized world wasn’t working, and that decentralization can give people back their lost privacy, control over their money, and power.

From the elusive Satoshi Nakamoto to Ethereum creator Vitalik Buterin, progress was made, and now, the fourth financial revolution is spreading all over the digital world.

Recently, one of those vibrant personalities entering the blockchain world is TRON’s CEO, Justin Sun. Why a vibrant personality?

Because we’re talking about the man that became the only millennial among the first graduates of Jack Ma’s Hupan University. And the man who shook up the Internet after announcing that TRON bought BitTorrent. And the man who spent $4.5 million to change Warren Buffet’s mind about cryptocurrencies.

So, let’s find out more about Justin.

Justin Sun – from app Peiwo to TRON platform

Justin Sun is an entrepreneur, the founder of the TRON platform, and the current CEO of BitTorrent. In 2014, he launched an app called Peiwo, which is estimated to have more than 10 million registered users around the world.

Justin entered the crypto community in 2012, when he first purchased bitcoin.

In 2013, he became one of the first Ripple Lab’s employees in the Greater China region. For two years, he worked as the chief representative and advisor.

Then, at the age of 26, Justin was handpicked by Jack Ma, founder of Alibaba, to study at his Hupan University, where he became the only millennial among the first graduates.

Still, Justin is most famous as a founder of the TRON Foundation.

TRON – decentralizing the web

tron justin sun

In September 2017, Justin founded TRON, a decentralized platform that allows its users to easily and cost-effectively share digital content. The same month, TRON held an ICO, raising $58 million.

Talking about TRON in an interview to Investopedia, Justin stated:

”TRON is set to surpass Ethereum on the road to becoming the world’s largest decentralized protocol.”

And his ambitious plans were confirmed in July 2018, when after a lot of hype, TRON bought BitTorrent for $140 million.

In the same interview to Investopedia, Justin talked about merging TRON and the popular peer-to-peer file sharing protocol, saying:

”We’re aiming to complete one of our key milestones in the fourth quarter: to combine TRON and BitTorrent and create a unique and outstanding product. We will leverage TRON’s blockchain expertise to enhance the decentralized BitTorrent protocol, which has over 100 million monthly active users.”

And for all airdrops lovers, BitTorrent announced a huge giveaway for TRON holders that will last until 2025. So, this is a great time to jump on the bandwagon.

Now, it’s time to find out more about Justin and Warren Buffet’s ‘wasn’t meant to be lunch’.

Lunch worth $4.5 million

In June, Justin placed the record-breaking bid in the amount of $4.5 million in a charity auction on eBay. The auction included a private lunch with Warren Buffett, Berkshire Hathaway CEO.

In an interview to Forbes, Justin stated:

”First of all, meeting Warren Buffett is one of the best opportunities to introduce a large group of people to cryptocurrency and blockchain. People who hear about the lunch or will hear about it may want to know more about the industry. I also want to build a bridge between the blockchain community and institutional investors.”

Justin invited the other prominent members of the crypto community, and the confirmed guests included the names such as Charlie Lee, creator of Litecoin, and Circle CEO Jeremy Allaire.

However, a couple of days before the anticipated event, Justin had to postpone because of medical issues.

In the meantime, Justin extended the invitation and included US President Donald Trump. The president hasn’t responded yet to the invitation.

What’s next for TRON and Justin Sun?

If you want to follow Justin’s work, you can find him on Twitter where he has more than a million followers, and from time to time, clashes with Vitalik Buterin.

You can also see him at BlockShow Asia 2019, which will be held on November 14.

Moreover, along with the TRON team, Justin is working on Project Atlas, the goal of which is to connect BitTorrent’s peer-to-peer model to TRON’s blockchain.

Final words

Justin Sun is one of those unforgettable and in some way controversial figures of the crypto space.

He is notorious for his critical attitude towards bitcoin, and has earned the moniker the “Oracle of Omaha” because of his sharp investments.

So, is he a genius or eccentric? Well, a wise man once said that no great mind has ever existed without a touch of madness.


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