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Popular Crypto Blogging Platform Sold to Tron

Popular Crypto Blogging Platform Sold to Tron

Popular Crypto Blogging Platform Sold to Tron-techcryption

Largest decentralized blockchain-based social media and blogging platform, Steemit’s CEO and Co-Founder, Ned Scott tweeted to announce that Steemit has been sold to Justin Sun, TRON Founder. In explaining why he sold the company, Scott stated he is “moving on for personal reasons” and that “there’s a couple other companies that I’m working on behind the scenes privately.”

Relating to this matter, many netizens from the Steem community reacted to Sun’s latest write-up on Steemit website titled as Excited about TRON&Steem/Steemit collaboration. Among the comments is, “I am here for Steem, not Tron. I have zero interest in anything Tron offers, and moving Steem to Tron’s network is something that’ll happen without me as a result.”

“I don’t think we have a plan for immediately like token swap, so I think we will keep both steem and the tron tokens separate and run separately … there is no token swap for right now … I just want to talk with the team and find out the best solution to integrate eventually for steem, Steemit, and Tron.”

See Also
Justin Sun’s reply to currency migration

“Together, TRON Foundation and Steemit Inc. will look to create further value for their users and to augment their advancements in decentralized technologies,” it states, “including moving old STEEM token to a new TRON based STEEM token.”

Justin sun, founder of tron
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