Justin Sun, founder of TRON and current CEO of BitTorrent, is planning a $20 million cash airdrop and a Tesla giveaway. While cash airdrops are generally well received by the crypto community, many have raised questions about the fiscal responsibility of the move.
Justin Sun Plans to Give Away $20 Million in Cash and a Free Tesla
To celebrate #BTT & #USDT–#TRON success, I am planning a $20m free cash airdrop. Good news-it’s coming, bad news-I may decide to give away more! First, I will randomly pick 1 winner for a #Tesla up until 3/27! To apply, follow me and RT this tweet! Simple! #Blockchain pic.twitter.com/wFyzwtB3ur
— Justin Sun (@justinsuntron) March 12, 2019
Justin Sun, a rising star in the crypto industry, has ambitious plans in store to make his company a “household name.” The crypto entrepreneur took to Twitter on Mar. 12th to announce that he will be hosting a $20 million airdrop.
“To celebrate BitTorrent Token & Tether—TRON success, I am planning a USD 20 million free cash airdrop. Good news— it’s coming, bad news—I may decide to give away more!”, Sun wrote on his Twitter account.
Apart from the $20 million, Sun will also be giving away a free Tesla to his followers.
To be eligible both for the airdrop and the Tesla giveaway, Sun is asking people to retweet his post and follow him by Mar. 27th. The incredible attention Sun’s announcement got on Twitter could drastically increase his Twitter following,