An estimated 80 percent of the companies that raised funding via initial coin offerings (ICOs) have been called scams by researchers at the Satis Group. But Justin Sun, the 28-year-old CEO of Tron, wants to prove that his company is different.
Sun, a Chinese entrepreneur who became wealthy as the creator of Peiwo, China’s version of Snapchat, has been working on a sometimes hard and ambitious battle to earn trust for the year-old Tron and its TRX cryptocurrency. Tron raised $58 million in an ICO in September 2017.
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