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TRON Foundation Russia

2021 May 23

孙A

孙宇晨Justin AMA同步助手... in TRON Foundation Russia
The 2% public offering of APENFT on  Huobi Prime marks not only the debut of NFT but also the arrival of the first project since the platform resumes. It is a significant move both for Huobi Prime and APENFT, and is also a rare sight in this industry.
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孙A

孙宇晨Justin AMA同步助手... in TRON Foundation Russia
Compared with the trending "animal" tokens in the market, NFT is undoubtedly a brighter rising star. Its technical strength and resources will quickly drive investors' attention back from skam tokens, celebrities' influence and imitation of large investors to business models, technology and ecosystems.
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孙A

孙宇晨Justin AMA同步助手... in TRON Foundation Russia
After rounds of strict selections, APENFT (NFT) managed to be the first partner of Huobi Prime, who only picks projects that perform well with endorsement by a trustworthy team. APENFT tops the chart in technology and use cases. Plus, it has entered into partnerships with Christie's, Sotheby's, and Nifty Gateway auction houses and the well-known NFT artist Beeple, making it a dark horse to both insiders and outsiders.
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TD

TRON Denis in TRON Foundation Russia
Great! My second question is: It confuse many people that you donated such valuable works to APENFT. Why? What's your connection, or TRON's connection, with APENFT?
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孙A

孙宇晨Justin AMA同步助手... in TRON Foundation Russia
Yes, I did donate Picasso and others' artworks to APENFT.
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孙A

孙宇晨Justin AMA同步助手... in TRON Foundation Russia
I get why you guys are so surprised. But we are more than just competitors. Being in the same industry, we should work together to promote the growth of non-fungible tokens.
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孙A

孙宇晨Justin AMA同步助手... in TRON Foundation Russia
You know every team is different in its strengths and preferences. I did go on a shopping spree and bought a lot of pricey artworks, but when I saw APENFT and got to know Steve Z. Liu's ambition, I found that they had plans for the long run as well as the short run, and they are keen on NFT's uses cases in areas other than art alone. My principle is to have professionals work on their area of expertise, so after long and careful thought, I decided to go all-in on APENFT to unleash the potential of non-fungible token at a faster pace.
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孙A

孙宇晨Justin AMA同步助手... in TRON Foundation Russia
For now, TRON is a close partner to APENFT, and we provide them with underlying technology, including TRON public chain, the decentralized storage system BFTS and our self-developed TRC-721 protocol.
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孙A

孙宇晨Justin AMA同步助手... in TRON Foundation Russia
I believe that TRON and APENFT can work together to take NFT to a new level and make TRON a better ecosystem.
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TD

TRON Denis in TRON Foundation Russia
Awesome, my third question is: What do you think has turned APENFT into a superstar in such a short time among NFT projects?
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孙A

孙宇晨Justin AMA同步助手... in TRON Foundation Russia
The growing market economy has pushed up people's demand for artworks and many of them are already collecting artworks. However, the intrinsic drawbacks with the traditional trading market remain unresolved and have thus caused great difficulty for the masses who wish to trade artworks.
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孙A

孙宇晨Justin AMA同步助手... in TRON Foundation Russia
First and foremost, ordinary people cannot afford to purchase artworks. Yet, the extreme scarcity of premium artworks has driven up the prices at auctions to record highs. Most people are therefore left discouraged by the staggering amount of money, and deprived of opportunities of enjoying the value appreciation of the artwork market.
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孙A

孙宇晨Justin AMA同步助手... in TRON Foundation Russia
Second, experts find it difficult to tell real artworks from counterfeits. Besides, transactions in the art market are private and ambiguous in nature, making the authentication of artworks even harder.
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孙A

孙宇晨Justin AMA同步助手... in TRON Foundation Russia
Last, transactions are not transparent. In the traditional art market where transactions are invisible, neither the buyer or seller can get accurate information, which is only available through third-party agencies. This makes both sides passive throughout the transaction.
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孙A

孙宇晨Justin AMA同步助手... in TRON Foundation Russia
The rise of NFT is a perfect example of the "blockchain + arts" innovation and has drawn unprecedented attention from the mainstream. It is against this backdrop that APENFT was founded. Their mission is to register world-class artworks as NFTs on the blockchain and they aim to be the ARK Funds in the NFT space. APENFT aims to build a bridge between top-notch artists and blockchain and support the growth of native crypto NFT artists. And these have contributed to APENFT's success.
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TD

TRON Denis in TRON Foundation Russia
Thank you for explaining. My fourth question is: The launch of APENFT on Huobi Prime has already gained lots of attention in the industry, and now the foundation has decided to make the upcoming token NFT as its governance token. What do you think makes this decision significant?
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孙A

孙宇晨Justin AMA同步助手... in TRON Foundation Russia
I learned that the token NFT will be used mostly for governance. Its major use cases will be as follows:
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孙A

孙宇晨Justin AMA同步助手... in TRON Foundation Russia
Governance token: NFT holders will have the right to decide on the management of APENFT's collections, the potential acquisition, on-chain distribution and exhibition of artworks, as well as the right to decide on the exhibits, way and duration of exhibitions in the cyberpunk online virtual museum;
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孙A

孙宇晨Justin AMA同步助手... in TRON Foundation Russia
DeFi mining: NFT token will be one of the major partners of JustSwap and JustLend. It will contribute to the growth of TRON's DeFi ecosystem and also partner with Heco for joint DeFi mining;
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孙A

孙宇晨Justin AMA同步助手... in TRON Foundation Russia
Democratic voting: NFT holders will have the right to vote on the future direction of collections, including but not limited to the style, genre, age, artist and form of artworks, and to review the method and amount of support provided;
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