- Justin Sun embarks on a new career as an Grenadian Ambassador at the WTO.
- He will phase out from the crypto related projects after stepping down from Tron.
- He tweeted that he will be working in “full capacity” to represent Grenada’s national interests to the WTO.
Founder of the cryptocurrency platform, Tron and one of the heavy weights in the crypto world, Justin Sun is turning his hand to ‘diplomacy’.
Embarking on a new career as a Grenadian Ambassador at the WTO, he will phase out from the crypto related projects after stepping down from Tron, the decentralized, open-source blockchain-based operating system.
In a tweet, Justin Sun talked about the recognition of the blockchain industry from sovereign nations will help achieve a truly decentralized financial institution.
After accepting the invitation of the Grenadian Government, he will be working in “full capacity” to represent Grenada’s national interests, to the WTO.
As for Tron, Sun had phased out of leading the Tron Foundation, which was formed for the development of the blockchain.
He revealed that he won’t be retiring from Tron but rather, would step down from an ‘active involvement’ to serve as leader and supporter role now that the TRON network has been truly decentralized. However, he will continue to engage with the Tron community.
Recently, in an interview, Sun said, “I will focus lots of my energy, to try and push blockchain technology and cryptocurrency — the importance of all of this in developing countries and developed states as well. I will also try to promote new technology development in Grenada.”
He had also disclosed that the Tron Foundation will “dissolve” by next year and the three super nodes associated with him will also retire from Tron’s technical grid.
Sun has been a reputed crypto veteran for a long time. In October, he withdrew cryptos worth billions of dollars from Aave’s lending pools causing a great Twitter uproar which even led to a standoff between Yearn members and Aave members.