Anyone who follows crypto will remember September 4, 2017.
On September 4, 2017, the People’s Bank of China announced an immediate ban on ICOs, defining ICOs as an illegal funding activity.
Shortly after on September 15, Beijing announced closures of Bitcoin exchanges and required exchanges to pause all transactions by September 30. In November, all transactions of digital currency fiat trading pairs in China were terminated. Faced with these circumstances, exchange platforms announced that they will go overseas.
Many Chinese blockchain projects took a hard hit, including TRON, which has taken off since then.
2017 was an important year for crypto. For TRON, it was a year the company fought against all odds.
TRON was able to persevere despite what was perceived to be a bleak future for crypto. The company made adjustments from multiple fronts and was listed on renowned exchanges around the world, partnering with leading blockchain companies. TRON put special effort in building out the team with outstanding hires.
Blockchain technology research is the main driver behind blockchain projects cropping up, which makes it evident that a robust talent pool is a key factor for promoting growth and development. Justin Sun has emphasized the importance of talent on several occasions, saying,
“In the blockchain revolution, having the right talent is crucial to the development of blockchain technology. Obtaining diverse and innovative talent is the key to effectively resolving the variety of issues we may encounter along the way.”
TRON has a strong technical team, with outstanding members like Lucien Chen, former data expert from Tencent and Alibaba. Lucien joined the company in October 2017, bringing with him rich experience in big data, ad algorithms, DMP, BT, and CTR platforms. Chen has experience in developing system architecture one the hundred-million level and high-concurrency system architecture. After joining TRON, Chen’s work revolves around mainnet development and managing the global technical team, monitoring progress for various development projects. Chen is a great beginning to building a technical A-team.