Justin Sun currently leads Ethereum’s Vitalik in terms of the number of followers of twitter. While Vitalik has adopted a strict no giveaway policy, Justin Sun has been promoting Tron on a large scale with lucrative incentives.
The Tron Foundation under Justin Sun has adopted aggressive marketing strategies to promote the use of USDT Tron and also increase the presence of Tron on social media platforms. Tron Foundation had announced a systematic giveaway of $20 million to USDT early adopters. The campaign is running now as USDT-Tron holders are earning interest from their holdings.
Recently, it announced the winner of the brand new BMW Mini-Cooper of the USDT Car Lottery. The winner of the lottery also received 8888 TRX tokens apart from the $30000 car.
Earlier Justin Sun had also given out a Tesla to promote the USDT-Tron.
#BTT & #USDT– #TRON success, I am planning a $20m free cash airdrop. Good news-it’s coming, bad news-I may decide to give away more! First, I will randomly pick 1 winner for a #Tesla up until 3/27! To apply, follow me and RT this tweet! Simple! #Blockchain”
Justin Sun Has More Followers Than Vitalik
Moreover, the campaign under the Tron Foundations seems to yield results as the Justin Sun currently has more than 1.09 million followers on Twitter. While Vitalik Buterin, the Co-Founder of Ethereum has about 849k followers.
The difference of about 250k can be attributed to Tron’s popularity in China, but Ethereum is globally recognized and was released much before Tron. Therefore, the ‘Re-tweet’ and follow campaign seems to be luring a lot of people from outside the crypto-space as well.
Tron Ambitious with USDT-Tron
Tron most recent big launch after BitTorrent token was the USD Tether based on TRC20 token. USDT has been in cryptocurrency markets since 2015. It was first released on the OMNI platform and later extended to ERC-20 as well.
While together they represent the same stablecoin USDT, they are exchanged and transacted on their respective platforms. Hence, Tron’s drive to increase the percentage use of USDT-Tron is to increase the ubiquity of TRC-20 based USDT to provide a built a broader ecosystem for Decentralized Applications on Tron. The interoperability of the different USDT is limited on their respective platforms.
Justin Sun tweeted their goals of increasing the dominance of the use of USDT-Tron:
# now occupies 2% of total # supply, 50 million out of 2.5 billion. Goal for Q2 2019: Surpass # & achieve 10%. We will reach 50% of # in 2019!
Do you think that these campaigns will benefit Tron in the long run to overthrow Ethereum or it is a wasteful attempt? Please share your views with us.
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