Justin Sun, The Billionaire Founder Of Tron, Claims That Huobi's ID Token Might Grant Dominican Citizenship.
Portfolio Pulse from Shiv Singh Juneja
Justin Sun, founder of Tron, predicts the future prominence of tokenized KYC verifications due to stringent regulations. Huobi, partially owned by Sun, has introduced the Dominica Metaverse Bound Token (DMBT) as part of the Dominica Metaverse Digital Citizen (DMDC) initiative, enabling users to have a tokenized identity after completing tier 3 KYC verification.
June 12, 2023 | 3:52 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Tron's founder Justin Sun predicts tokenized KYC verifications' future prominence, potentially impacting Tron's ecosystem and adoption.
As the founder of Tron, Justin Sun's predictions and actions can have a direct impact on the Tron ecosystem. The introduction of tokenized KYC verifications, such as Huobi's DMBT, could lead to increased adoption of Tron's blockchain technology and its native token, TRXUSD. This would likely have a positive short-term impact on the asset.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80