Justin Sun Potentially Interested in FTX Assets
Justin Sun, the Founder and CEO of TRON, is interested in purchasing FTX assets. FTX stands for Future Tech, a cryptocurrency and gaming ecosystem comprised of an operating platform, in-game items, and crypto. FTX is a decentralized gaming platform with the TRON Virtual Machine (TVM), which allows developers to build games on their terms. FTX has also partnered with TRON for cross-chain interoperability and other companies like CryptoKitties and DENT.
- Background of Justin Sun and TRON
Justin Sun is the Founder and CEO of TRON. He previously studied at Northwestern University as an undergrad and at Cornell University. He also has a B.S. in Computer Science from both of these universities. He was approached to be CEO by his cousin, Justin Kan, with whom he had worked on payments at Ripple before Justin Kan left to pursue other projects. After the departure of Justin Kan, he was approached again by Matthew Cavey, currently the Director of Engineering for TRON and a member of TRON’s Developer Committee for its Tron Virtual Machine (TVM).
- Giving Back
Sun started his involvement in cryptocurrency with Ripple Labs; a blockchain company focused on cross-border payments. Sun began his cryptocurrency experience working with Justin Kan and Matthew Cavey, both of whom are now at TRON. He was also the Chief Representative for Ripple Labs in Greater China and the President of the Corporate Strategy at Ripple Labs China.
- Having Previous Experience With Gaming Platforms
While working at Ripple, Justin Sun had already gotten an idea for a blockchain gaming platform from playing CryptoKitties. Since then, he has created TRON Arcade, which aims to provide a blockchain gaming platform with high-quality, high-performance, and user-friendly games for users worldwide to enjoy. Gaming is Justin Sun’s passion, and he hopes to achieve his vision of a decentralized gaming infrastructure with the help of TRON.
Because of Justin Sun’s previous experience in gaming, the TRON Foundation is looking into the potential of acquiring FTX. The main benefit TRON seeks by developing FTX would be enhancing its gaming and entertainment ecosystem.