Twenty-two highlights from TRON’s historic 2022
To TRON DAO2022 was a year of historic growth. Here are 22 highlights from the fastest growing public blockchain’s record year:
# 22 possibly the world’s largest DAO
On January 5, TRON announced its restructuring to become a Decentralized Autonomous Organization (DAO). On the 11th of April Forbes declared that the TRON DAO is likely the world’s largest DAO, as the TRON blockchain now has more than 132 million user accounts.
#21 APENFT Marketplace
The 15th of April was APENFT Marketplace launched on the TRON blockchain.
# 20 over 130 digital asset exchanges
TRX is now supported, listed and traded on over 130 digital asset exchanges, payment systems and trading platforms, including Binance.US, Meson, Crypto Finance (member of Deutsche Börse Group), Fireblocks, Bitkub, Bitso, DMM Bitcoin, Kraken (TRX futures contracts), Plisio, BTCBOX, Wirex, OKCoin Japan, BitMEX, Blockchain.com and Guardarian.
#19 Enterprise Ethereum Alliance
TRON joined in Enterprise Ethereum Alliance to promote interoperable blockchain integration in daily business operations, mainly focusing on two working groups: Cross-Chain Interoperability and DeFi Risk Assessment, Management, and Accounting (DRAMA).
# 18 expanded cooperation with Huobi
In October, TRON founder and current ambassador HE Justin Sun was appointed to Huobi’s Global Advisory Board, and the TRON ecosystem has started several partnerships with the exchange.
#17 Peg Stability Module
On August 3, the Peg Stability Module (PSM) was rolled out, which allows users to switch between USDD and other common stablecoins such as USDT and USDC in a ratio of 1:1.
# 16 sponsorships
In 2022, TRON was the main sponsor of Consensus, NFT NYC, Mainnet by Messari, Converge by Circle, Binance Blockchain Week in Paris, Smartcon by Chainlink, Token2049 and more. TRON also hosted several VIP after parties – TRON Whale Night, at Bitcoin 2022, Consensus and Mainnet.
#15 Binance CMC Crypto Top 10 EWI
On October 17, TRX was listed on the Binance CMC Cryptocurrency Top 10 Equal-Weighted Index, which tracks the performance of the top ten digital assets on CoinMarketCap ranked by market value.
#14 feel the burn
By 2022, the total amount of TRX burned from various utilities was 11.74 billion, which significantly accelerated the deflation.
# 1. 3 TRON Academy
TRON Academy officially launched on November 12th, when 270+ students from university-level blockchain clubs gathered on the Harvard University campus for the “Hacker House” event.
#12 Travala.com
On August 10, Travala.com, the world’s leading blockchain-based travel booking platform, announced the adoption of USDD and TRX as means of payment.
#11 the second largest stablecoin ecosystem
TRON now has the second largest total stablecoin circulation, next to Ethereum, with a market cap of $39.5 billion.
#10 TRON DAO Ecosystem Fund
TRON DAO launched their Ecosystem Fund with 8 unique programs for funding, including TRON DAO Ventures, which intends to invest in promising blockchain startups.
#9 the national blockchain of Dominica
On October 7, the Commonwealth of Dominica announced TRON as its national blockchain and authorized seven TRON-based cryptocurrencies as legal tender for everyday use.
#8 the TRON DAO Reserve
On April 21, TRON DAO Reserve was established to safeguard the overall blockchain industry and crypto market.
#7 greater influence
1st of August Crypto daily described HE Justin Sun as one of the foremost leaders of the Web3 era.
#6 the stable coin USDD
In May 2022, TRON launched USDD, the first over-collateralized, decentralized stablecoin, which is now held in more than 130,000 wallets. On 2 November Messari post the report”State USDD Q3 2022.” The USDD ended the year with a circulating supply of over 725 million and a safety ratio of over 200%.
# 5 one of the most environmentally friendly blockchains
August 24, in the report entitled “Energy Efficiency and Carbon Footprint of the TRON Blockchain” released by the Crypto Carbon Ratings Institute (CCRI), TRON was rated as one of the most environmentally friendly blockchains.
#4 The 4th anniversary of MainNet independence
On May 31, TRON celebrated the four-year anniversary of the MainNet launch.
# 3 three awesome HackaTRONs
The Three Seasons of TRON Grand Hackathon, aka “HackaTRON,” took place in 2022, with over 2,300 total participants and a total prize pool of over $2.7 million.
#2 TV
According to DefiLlama, by the end of Q3, Total Value Locked (TVL) on TRON had reached $6.33 billion, up 61% from Q2, surpassing BSC to become the blockchain network with the second largest TVL worldwide. Messari released its first ever TRX research report on November 5th, titled “Status of TRON Q3 2022.”
#1 from 69 million total TRON user accounts to 132 million
63 million new TRON user accounts were established in 2022. TRON aims to become the primary settlement layer in the global economy. As the global trendsetter in cryptocurrency, TRON is developing an ecosystem infrastructure that will be able to serve all people on the planet.
About TRON DAO
TRON DAO is a community-run DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.
Founded in September 2017 by HE Justin Sun, the TRON network has continued to deliver impressive performance since its MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services with over 100 million monthly active users. The TRON network has gained an incredibly good hold in recent years. As of January 2023, it has over 133 million total user accounts on the blockchain, more than 4.5 billion total transactions and over $9.2 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoins worldwide, surpassing USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. In May 2022, the over-secured decentralized stablecoin USDD was launched on the TRON blockchain, backed by the first crypto reserve for the blockchain industry – TRON DAO Reserve, marking TRON’s official entry into decentralized stablecoins. As recently as October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, marking the first time a major public blockchain has partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s approval 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, has received statutory status as an authorized digital currency and medium of exchange in the country.
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Hayward Wong
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