Two days ago, news emerged that ConsenSys was planning on making significant cuts to its staff due to the prolonged crypto bear market of 2018. ConsenSys is an Ethereum (ETH) focused startup incubator that aims at growing the network and bring forth the benefits of blockchain technology and tokenization.
ConsenSys Labs incubates around 36 startups that usually have anywhere between 5 and 50 employees. According to The Verge, a total of around 50% – 60% of the workforce involved with these startups will be let go by ConsenSys.
The Verge went on to explain,
A term sheet reviewed by The Verge and given to at least two incubated startups within the company showed that ConsenSys is beginning to spin out its large portfolio of blockchain projects, often without the financial support they’d need to find outside funding and succeed.
Justin Sun Urges Affected ConsenSys Staff to Send Their Resumes at Tron
It is with this background, the the Founder and CEO of Tron, Justin Sun, has invited everyone affected at ConsenSys and Ethereum to send their resumes to the Tron Foundation. Justin’s tweet went on to state the following:
Everyone in
@ConsenSys and@ethereum please send your resume to email protected and embrace your new opportunity! You are mostly welcome to join our fast-growing and well-funded#TRON family.#TRX$TRX#ETH
The full tweet can be found below.
Everyone in @ConsenSys and @ethereum please send your resume to email protected and embrace your new opportunity! You are mostly welcome to join our fast-growing and well-funded #TRON family. #TRX $TRX #ETH
– Justin Sun (@justinsuntron) December 22, 2018
Tron Continues to Move at An Amazing Speed
The Tron project has continued to break records every day. Further checking DApp Radar, we find that the Tron network now has a total of 39 active Decentralized Applications.
With respect to individual accounts on the network, Tron is a few thousands shy of the 1 Million mark. There are currently 969,470 accounts on the network according to Tron Scan and at the moment of writing this. The network has also achieved 3.327 Million transactions in the last 24 hours.
The number of smart contracts that have been deployed on the network have also increased to 2,111 since the Tron Virtual Machine was activated this October. These contracts have been triggered a whopping 88.1 Million times.
With regards to market performance, TRX is currently the only digital asset in the green in the past 24 hours. The digital asset is currently valued at $0.0211 and up 10.94%. Justin Sun noted the impressive market performance of TRX in a tweet a few hours ago.
He also hinted that this was just the beginning of things to come.
#TRON is killing it today. It is just the beginning! #TRX $TRX
– Justin Sun (@justinsuntron) December 22, 2018
What are your thoughts on Justin Sun inviting ConsenSys and Ethereum developers to the Tron network? Please let us know in the comment section below.
