Tron Founder Gets into Trouble While Showcasing New Tron dApp Volume Data

www.cryptovibes.com 2019-08-14 14:02
Reading time: ~3 m

Justin Sun is not new to criticism and controversy. In fact, he has been accused in the past of making public comments and cancelling famous meetings trying to pump the price of the TRON token. In the latest incident, Sun shares some new data on the growth of TRON-based dApps’ monetary volume. This time around, the community accused him of failing to make the TRX price grow.

What sparked the backlash from the community is Sun’s tweets where he proudly shared another milestone stating that Tron dApps have registered significant growth. He highlighted that the cash volume that goes through the dApps has outperformed that of Ethereum and EOS. He singles out the Tron-based Wink dApp as the leader with the highest volume.

According to @dapp_review, #TRON #DApp 24h volume (#USD) has reached $14.2M, which surpassed that of #ETH and #EOS. Among all the DApps, #Wink is the one with the most volume. #TRX $TRX pic.twitter.com/13MLNoFeBh

— Justin Sun (@justinsuntron) August 14, 2019

Wink dApp Gets License Validation

Earlier on August 14, the Wink account on Twitter posted an interesting update on Twitter. In that post, it spread the news that the decentralized application that is developed on the TRON chain has successfully acquired the Gaming Curacao License Validation.

✅New License: Check!
📢#WINk (#WIN) has obtained Gaming Curacao License Validation!
By having this license from Curacao, WINk ensures that all of its games provide a fair result.

More information 👇https://t.co/SD8jOvHvDs

— WINk (@WINkorg) August 14, 2019

The developer of this dApp is the Windfall Win N.V. Company based in the Caribbean on Curacao Island. According to the Medium post about Wink, this location ranks among the most beneficial for gaming operators.

Justin Sun Faces Extreme Criticism

Lately, Sun’s ‘stories and theories of successes that he posts on his Twitter about Tron have been met with huge disappointment. Also, the dejected crypto community has heavily criticised Sun accusing him of posting fake news and data. Among the reasons for the building criticism is Justin Sun’s cancelling of the much-anticipated power lunch with Warren Buffet.

And my 49,000 TRX dropped in the last week so still a wasted investment

— William George (@William78739562) August 14, 2019

After cancelling the lunch claiming to have suffered from kidney stones, the Tron founder has not set another date for the rescheduled lunch date. The overhyped event that cost him in excess of four million USD looks like it may not take place any time soon.

Reports also emerged that Sun did not cancel the event due to his health problems. But rather he did so as a result of his troubles with Chinese authorities.

This time around, the community has rebuked Sun accusing him of letting the TRX price to drop considerably.

According to my own eyes, your coin is in a death spiral with no return. When I got into crytpo I had respect for tron, not the case anymore.

— Joe (@Joe49142451) August 14, 2019

Previously, Tron was in the top-ten list on CoinMarketCap but it has now slid to occupy the 13th position currently. As for the dApp volume data, Justin Sun’s followers think that he is lying to the entire crypto community.