Justin Sun was awarded a special NFT built on the Bitcoin blockchain. It’s called the Golden Whale Pass , and the founder of Tron paid 12.6 BTC for it.
This Non Fungible Token was built on Liquid , the Bitcoin sidechain, by NFTglee .
This is the highest price paid so far for a Bitcoin NFT.
The founder of Tron talked about this special purchase, which will allow Justin Sun to have permanent access to all Bitcoin conferences, in an interview with Bitcoin Magazine . He said:
“Bitcoin is one of the best ways to store value, but many people don’t know that NFTs can actually be developed on the Bitcoin network.”
Indeed, NFTs are usually produced on the Ethereum blockchain. That of Bitcoin is not particularly suitable, unless a second level is used, as in this case which required the use of Liquid.
But the purchase allowed Tron’s # 1 backer to have it perennial access to Bitcoin conferences , something maximalists might not like. But Justin Sun is keen to defend his work in Tron, crypto and the blockchain itself. But that’s not to say it doesn’t also support Bitcoin. Indeed, Justin Sun claims that:
“Eventually Bitcoin will take over the US dollar to become the global reserve currency. At TRON, the first thing we want to achieve is to become the management layer for this new global financial system. Today, TRON is the largest stablecoin management layer in the world. We manage more than 10 billion dollars every day, and I believe we will continue to grow ”.
But Tron is an ecosystem in which there is not only the blockchain. There is also for example BitTorrent. Of which Justin Sun says:
“Before Bitcoin was invented, BitTorrent was the first decentralized asset used by over a billion people around the world. BitTorrent is also one of the first technologies that started to make people understand that decentralized systems are much better than centralized ones ”.
A milestone for those who believe in decentralization.
The NFT on Bitcoin won by Justin Sun
The Golden Whale Pass was auctioned during the Bitcoin Conference 2021 which was held in Miami in recent days. This special pass was auctioned by NFTglee . In the tweet in which he commented on his victory, Justin Sun stated that the NFT in question:
“It is a significant step forward in the genesis of Bitcoin and its incredible versatility.
NFTglee is a company that specializes in creating NFTs by collaborating with characters, brands and artists, all on the Bitcoin blockchain.