Geneva, Switzerland, May 2, 2023, Chainwire
The TRON DAO team was full force at Consensus 2023 in Austin, TX, from April 26 to 28, 2023. TRON was a "5 Blocks" sponsor this year, offering the highest tier of support. The quote, "I like to say I live in Austin, Texas because I can live where I want to," is attributed to movie star Matthew McConaughey. For one week, the capital of Texas, the self-declared "Live Music Capital of the World," became the "Crypto Capital of the World."
What Is Consensus?
"Consensus is the world's largest, longest-running, and most influential gathering that brings together all sides of the cryptocurrency, blockchain, and Web3 community," its website declares. Since 2015, the conference has empowered "calibration, collaboration, and resolution for thousands of professionals and builders from around the world forging the future of finance and the new digital economy."
There were four "interest" tracks this year. "TradFi and DeFi" included sessions mapping out the future of finance and investing. "Builders" had deep dives into developing and building within crypto, blockchain, and Web3. "Policy" explored the future of crypto policy and regulations with industry and government leaders. "Web3" focused on all things ownership economy, including NFTs, the Metaverse, brand building, and DAOs. Three summits also occurred during C23: Money Reimagined, Crypto Policy, and Web3 Brands and Creators.
TRON Whale Night
The TRON DAO team kicked the week off right with a smashing TRON Whale Night on April 25, 2023. All the major TRON partners and TRON whales who arrived the day before C23 partied together with other crypto leaders at an indoor-outdoor, roof-top venue. "Keep Austin Weird" is an iconic statement about the city immortalized on local t-shirts and murals. TRON Whale Night was weird and wonderful in a way only possible in Austin, full of delightful drinks, fantastic food, and congenial company. Conversations abounded about TRON's historical 2022, the innovations and partnerships announced in quarter one of 2023, and the prolific prizes randomly awarded throughout the night, including several TRON-branded Ledger and Tron-branded backpacks.
Highlights from the Week in Austin, TX
As TRON leaders participated in C23, they welcomed visitors to the most electrifying booth at the conference. Large screens displayed data and digits about the people and power of the TRON ecosystem. TRON Bulls roamed around and even danced around in TRON Bull onesies. The Prize Wheel always had a wait with a long line full of excited present and future Tronics. TRON DAO team members connected with people, engaged with developers, collaborated with innovators, strategized with current partners, and answered questions for those curious about using and developing on TRON.
TRON DAO leaders shared highlights from the week, which included:
- Hearing use cases for TRON from other countries from people who expressed thanks for providing a way for people and businesses to engage in commerce
- Creating connections at TRON Whale Night, who later helped develop connections during the week.
- Running into a TRON community member at the booth who got a t-shirt and backpack, then showed up in all of his TRON swag later that night.
- Chatting with all the intelligent people behind the innovative companies creating everyday utility with blockchain technology
- Meeting developers are already building on TRON and a HackaTRON winner from a few seasons ago.
- Imagining all the future use cases coming out with a high value on interoperability across blockchains
- Learning about the current state of protocols from the visionaries at the forefront pitching new ideas for protocol advancement
- Getting to wear the TRON Bull onesie and talk to so many people
"TRON is the friendliest blockchain," said a crypto leader who kept running into TRON representatives at side events, commenting about how the team works together to meet the needs of users and partners. Coming out of C23, the TRON DAO team made some high-value connections and left with high expectations regarding the significant opportunities ahead.
About TRON DAO
TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.
Founded in September 2017 by H.E. Justin Sun, the TRON network has delivered impressive achievements since MainNet's launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of the end of April 2023, it has over 157.1 million user accounts on the blockchain, more than 5.45 billion total transactions, and over $12 billion in total value locked (TVL), as reported on TRONSCAN.
In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin globally, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently, in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government's endorsement to issue Dominica Coin ("DMC"), a blockchain-based fan token to help promote Dominica's global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country.