Justin Sun: "TRON" will not sell the 33 billion "TRX" that was recently booked
We have already mentioned the mention that Tron Corporation will cancel the reservation of 33 billion TRX in the first of January 2020.
Justin Sun, founder and CEO of Troon, through a live broadcast on this newly acquired "DLive" platform - the announcement of the start of the DLive relocation of Blockchain "Troon" in late December - reassured the followers.
The video was also broadcast on "YouTube" and "Periscope".
Tron founder talked about many things, but in particular the CEO stated that the company does not intend to sell the TRX it holds.
It also reminded the public of the repurchase plan announced in 2019.
Sun promised that this program would start to withdraw part of the TRX traded from the market, because it believed that the currency was being taken lightly.
You can see it will not sell 33 billion TRX:
In response to questions from followers, "Justin Sun" said that the Tron team intends to keep the estimated amount of 33 billion TRX unchanged and none of it will be emptied to the market.
Sure, selling and taking out that sudden amount will send the price of TRX down the savers and make the currency face a lot of difficulty in growth despite the many facets of cooperation and technical progress the developer has achieved.
Unlike Ripple, you cannot see the Crypto it owns.
Troon also plans to start a TRX repurchase program that aims to reduce the circulated quantity, making it more rare.
In theory, this might help push the price higher.
Among the most important things that "Justin Sun" touched on is also the sharing of his plans for the application of "DLive" direct broadcasting, where he stated:
We want to make DLive the world's # 1 decentralized live streaming platform.
Sun also mentioned that DLive will provide better live streaming services compared to the main central platforms such as:
YouTube, Facebook and Periscope.
He also stated that the goal of "Tron" is to obtain the largest possible number of influencers to upload their content to "DLive", where he said in this regard:
I want to make DLive the number one platform for all influencers especially in the field of crypto, we welcome everyone and will not delete anyone's files or content.
The statement bears a hint of Google and YouTube’s recent deletion of many cryptocurrency videos that made many visual content makers think about more decentralized solutions to receive what they offer without fear of deleting it.
Then Justin Sun discussed many other important issues for the Tron community.