Justin Sun has divulged his plans of launching a secret project for BitTorrent and DLive. Earlier, Justin Sun has founded TRON and acquired BitTorrent that has a whopping 100 million monthly users.
Tron had acquired the popular content-sharing platform BitTorrent in 2019 for a massive $140 million in a bid to expand TRON’s ecosystem. A few days back, TRON had also acquired DLive, a leading blockchain-powered live streaming platform. After the acquisition, DLive is set to migrate from the Lino blockchain to the TRON blockchain.
The secret project of Justin Sun is expected to produce multi-billion advantages and assist BitTorrent and TRON ecosystem.
Justin Sun said that his project seeks to unset Netflix, Periscope, YouTube, and Twitch. In order to achieve this goal, the project will utilize BitTorrent’s BTT and Tron’s TRX.
Justin Sun has already gained massive popularity for his highly powerful marketing strategies at all the social media platforms and has already caused a huge wave even in the past with his secretive tweets. As of now, Justin Sun’s latest project remains a top-secret but little details suggest that it will be up in direct competition with YouTube and Netflix.
According to Justin Sun, the just-announced secret project is slated to add at least 100 million new users to the ecosystem. However, very small details have been made public so far about the secret project but Justin Sun just confirmed that more details about the project would be made available in a short period of time.
Earlier, Justin Sun had invested a ”yet to be disclosed amount” in Poloniex Exchange. It is worth noting that Dlive and BitTorrent will work together. DLive will entirely shift to TRON blockchain and synergize with Blive.
Meanwhile, the ACE Protocol Foundation that plays a dominant force at Lino Network, also announced an alliance with Justin Sun’s BitTorrent.
Reports suggest that Lino Network will totally move out of Lino blockchain and Lino will have no existence after that and BitTorrent or BTT will emerge as the platform’s native currency.
DLive came into existence in the year 2018 and it has teamed up with a large number of users with approximately 3.5 million monthly visits, according to data from SimilarWeb. DLive witnessed huge growth soon after the platform inked partnership with YouTube’s most-watched internet celeb PewDiePie.