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Tron [TRX]’s Justin Sun announces big things in store for the fourth quarter

Priya

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Tron [TRX]'s Justin Sun announces big things in store for the fourth quarter
Source: Unsplash


Justin Sun, the CEO and Founder of Tron Foundation spoke about Project Atlas, the Foundation mission and its role in the development of Tron, during an interview with Forbes.

The Founder stated that initially, the top priority of the Foundation was to get content online. But since Tron has established as one of the major public chains, the Foundation is stepping towards building a healthy ecosystem than limiting itself to incentivizing content. The main of the Foundation is to decentralize the web.

Moreover, they are also working towards providing top-notch services to all the consumers of the platform. The Foundation’s mission also includes providing desktop and mobile products which are fast, safe and reliable.

Justin Sun spoke about the Project Atlas. He said:

“Currently, we are actively working on Project Atlas, a major step toward a fairer Internet. The project is in collaboration with BitTorrent, and will extend the lifespan of their torrents’ swarms, offer rewards to peers who seed torrents, infuse resources into the torrent ecosystem, and establish financial rewards in return.”

The Founder of the Foundation claims that the project is going to reform the way content is shared and consumed by the people and is working towards re-shaping the industry for the better.

Justin also spoke about the Foundation’s plan of incorporating the decentralized services in BitTorrent. BitTorrent, the largest torrent serving application in the world, was acquired by Tron Foundation in the month of July 2018. The acquisition is led to Tron becoming one of the largest decentralized Internet ecosystems in the world. The network is set to have an approximate of 100 million active users.

Justin said that with Project Atlas, they will be able to incentivize users on the BitTorrent ecosystem in order to make them participate and contribute to the network by offering TRX. Moreover, BitTorrent and uTorrent were recently elected for the Tron Super Representative elections. He said:

“We have more exciting news coming out in the fourth quarter as well.”

During the revelation of their secret project, Project Atlas, Justin had announced that the details of the project will be unveiled at the end of August while launching the Tron Virtual Machine.





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Priya is a full-time member of the reporting team at AMBCrypto. She is a finance major with one year of writing experience. She has not held any value in Bitcoin or other currencies.

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