In a celebratory announcement, Justin Sun, the visionary Founder of TRON, has revealed a special 10,000 $TRX airdrop exclusively on the Binance Square platform. This exclusive airdrop serves as a token of appreciation for achieving the remarkable milestone of 200 million users on the TRON network.
Expressing gratitude for the unwavering support from the TRON community, Sun emphasized the significance of reaching this milestone, stating, “We’ve reached 200 million users on TRON – a significant achievement for our community. Thank you to everyone who has been part of this journey.”
To participate in this exclusive airdrop, participants must accurately answer a question posted by Justin Sun on the Binance Square platform.
Justin Sun is a Chinese-born Grenadian entrepreneur and business executive. He is widely recognized as the founder of TRON, a blockchain DAO ecosystem. In late 2013, Sun joined Ripple Labs as chief representative and advisor, spearheading the development of Ripple’s China business.
In June 2018, Sun assumed the role of CEO at BitTorrent after its acquisition. That same year, he established the TRON Foundation, a non-profit organization based in Singapore. Additionally, Sun serves on the Global Advisory Board for Huobi and held the position of Grenada’s Ambassador and Permanent Representative to the World Trade Organization (WTO) until early 2023.
TRON (TRX) is a decentralized operating system built on blockchain technology. It incorporates smart contract functionality and operates on proof-of-stake principles as its consensus algorithm. The system has its native cryptocurrency called Tronix (TRX). Initially launched in 2017 as an Ethereum-based ERC-20 token, TRON transitioned to its own blockchain protocol in 2018.
The TRON protocol is primarily maintained by the TRON Foundation, a non-profit organization based in Singapore that was established in the same year. It operates on an open-source software model. TRON supports smart contracts and is compatible with the Ethereum Virtual Machine (EVM), enabling developers to effortlessly deploy smart contracts and construct decentralized applications (DApps) on the TRON network.
The protocol functions on a DPoS consensus mechanism, ensuring high throughput, scalability, and reliability for DApps. It finds extensive usage in diverse scenarios, including payments, purchases, and voting within and beyond the TRON ecosystem.
TRON is a supporter of the widely used stablecoin Tether (USDT), issued by Tether, which has gained immense popularity among users since its inception.
In 2023, TRON made notable advancements and formed collaborations, including the introduction of the TRON Grand Hackathon in partnership with BitTorrent Chain and Huobi Ventures. This hackathon aims to foster innovation and growth in the blockchain and cryptocurrency industry.
The TRX airdrop on Binance Square is coming just weeks after the founder of Binance popularly known as CZ stepped down as part of a settlement with United States regulators.
