⚡️I have to admire Sun Ge—— @sunyuchentron
"My standard for measuring a person is how much money they have made"—— So how much does Sun Ge have?——
Sun Ge bought SRM Entertainment for 100 million dollars, and Sun Yuchen successfully brought TRON to the Nasdaq through a reverse merger. The SRM stock price has continued to rise, with an increase of 523.41%.
Core assets and business landscape——
1. TRON (TRX)
a. Positioning: A mainstream global public chain (market cap of 26.96 billion dollars), the core circulation network for the stablecoin USDT.
b. Key turning points:
i. In 2017, raised 400 million dollars in an ICO, faced the "9.4 ban" in China, leading to capital withdrawal and team dissolution.
ii. The comeback key: In 2019, Tether chose to issue TRC-20 USDT on TRON, capturing 98% of on-chain transfer volume, with an annual revenue of 770 million dollars.
2. BitTorrent (BTT)
a. Acquisition price: 140 million dollars (2018).
b. Blockchainization: Launched BTT token to incentivize P2P downloads, with a market cap of 670 million dollars and an annual trading volume of 2.6 billion dollars.
3. Trading platform matrix
a. Poloniex: Acquired in 2022, with a daily trading volume of 500 million dollars, completing the TRON ecosystem.
b. HTX (formerly Huobi): Acquired in October 2022 for 1 billion dollars, with a daily trading volume of 2.4 billion dollars.
4. Stablecoins and cross-chain assets
a. USDD: Decentralized stablecoin (market cap of 432 million dollars), with reserve management led by Sun Yuchen.
b. TUSD: Shadow holding (market cap of 490 million dollars), has faced regulatory issues multiple times, requiring capital injection for stability.
c. WBTC: Important collateral asset in the TRON ecosystem (market cap of 13.7 billion dollars), supporting the stability of USDD.
5. Content and NFT ecosystem
a. DLive: Decentralized live streaming platform, integrating BTT token economy, previously criticized for content review controversies.
b. APENFT Marketplace: NFT trading platform (token market cap of 420 million dollars), anchored to traditional art collections (such as original works by Picasso and Andy Warhol).
Rhythm wrote this article quite well:
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