Friday, December 6, 2019

Justin Sun, Tron’s CEO Reveals Official Partnership With Liverpool FC, Liverpool Denies

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Grace Joseph
Freelance Writer, Blogger, and Crypto Enthusiast. Studied Computer Science in University and Undergoing a Masters Degree Programme in Computer Engineering [email protected] [email protected]

Now, hold up! There has been a misunderstanding somewhere. First, Justin Sun, Tron’s CEO unleashes a piece of mind-blowing news that Tron Foundation has “officially” partnered with Liverpool, a British Football Club. The next thing we know, a spokesperson at Liverpool denies that the club has partnered with Tron which just leaves Justin Sun hanging. But let’s take a look at what really went down that day.

Company Behind Tron Cryptocurrency Reveals Partnership

Justin Sun, CEO of Tron Foundation, a company that backs Tron, the 11th largest cryptocurrency by market cap…Ok, that’s enough! Sun on April 24 out of excitement tweeted that his company has officially partnered with Liverpool. Hey, we were all excited about it, so was the cryptocurrency community until a media outlet decided to put on its Einstein glass.

But before then, Tron’s tweet was linked to a short video which shows an envelope with an electronic display message. The first screen revealed Liverpool’s and Tron’s logo which obviously looked like something legit was going on. Part of the message in the video read “We are Liverpool. This means more. This means more because you are associating yourself with…a philosophy”

Tron’s Supposed Partnership Draws the Attention of the Crypto Community

As expected, word began flying around that Tron has hit a major partnership. Samuel Austin, co-founder and developer at HummingPay, a blockchain payment firm upon hearing the news said the partnership could help Tron gain exposure. He also suggested that Liverpool with the help of BitTorrent, Tron’s peer-to-peer platform could develop its own streaming platform.

After all that was said, Decrypt media claimed on the same day that it had spoken to a representative at Liverpool and they denied that the latter has come to any sort of agreement with Tron. The spokesperson, however, confirmed that it had only sent such message to a number of companies as an informal invitation in order to get a better understanding of their business.

Cliff Edwards, Tron spokesman didn’t want to hear any of it when he said:

There was no ask to ‘better understand’ the business…The ask was to ‘connect and explore a partnership,’ which is exactly what Justin tweeted.

On the other hand, Jesse Powell, head of Kraken responded to a message which attached a link to the post by decrypt media and also showed some level of skepticism about Tron’s partnership. Powell revealed he had also received a similar invitation even though he didn’t take it close to heart.

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