TRON DAO takes the spotlight at Korea Blockchain Week 2024, showcasing the growing meme coin market and emphasizing decentralized innovation in the blockchain space.
Bollywoodfever: TRON DAO took center stage as the Title Sponsor at Korea Blockchain Week (KBW) 2024, a leading global blockchain and Web3 festival held in Seoul, South Korea. Dave Uhryniak, Community Spokesperson for TRON DAO, delivered a keynote speech highlighting the rapid rise of the meme coin ecosystem within the TRON network, emphasizing its unique position in the expanding crypto landscape. KBW 2024 also featured a wide array of discussions, including the integration of artificial intelligence (AI) with blockchain and the resurgence of decentralized finance (DeFi) through real-world asset tokenization.
Korea Blockchain Week, organized by FACTBLOCK since 2018, is one of the most prominent blockchain events in South Korea, bringing together industry leaders and innovators to foster collaboration in the Web3 and blockchain ecosystem. The event has become a hub for discussions on cutting-edge technologies, driving forward innovation and dialogue in the East Asia region.
During his speech, Uhryniak emphasized the explosive growth of the meme coin market, now nearing a valuation of $40 billion. He pointed out that institutional investors are beginning to take notice of the significant opportunities in this space. Uhryniak likened meme coins to a form of modern digital art, stating, “Meme coins are a reaction to culture and often a statement on specific events. They democratize making social commentary and art, offering everyone the chance to become an artist.”
Uhryniak also stressed the importance of building a decentralized network that empowers creators and developers. With TRON’s expanding meme coin ecosystem, the platform aims to give users the freedom to unleash their creativity and connect with like-minded communities. At its core, the TRON ecosystem equips creators with the tools needed to turn their ideas into innovative blockchain projects.
TRON DAO is pushing forward with its mission to decentralize the internet, offering blockchain solutions while building connections with global communities. Its participation in Korea Blockchain Week underscores TRON DAO’s commitment to shaping the future of decentralized technology and inspiring growth in the blockchain space.
About TRON DAO
TRON DAO is a community-governed organization focused on accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps).
Founded by H.E. Justin Sun in 2017, the TRON network has made significant strides since the launch of its MainNet in 2018. As of September 2024, the TRON network boasts over 256 million user accounts, more than 8 billion total transactions, and over $20 billion in total value locked (TVL), according to TRONSCAN. TRON is also home to the largest circulating supply of USD Tether (USDT), surpassing Ethereum’s supply since April 2021.
In December 2021, TRON achieved full decentralization, transitioning to a community-governed DAO. Additionally, TRON was designated as the national blockchain for the Commonwealth of Dominica in October 2022, marking a historic partnership between a sovereign nation and a public blockchain. Seven TRON-based tokens, including TRX, BTT, and USDT, were granted statutory status as authorized digital currency in Dominica, solidifying TRON’s global impact.
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