Geneva, Switzerland, May 22, 2024 - TRON DAO, a pioneering force in blockchain technology, made a significant impact as a Silver Sponsor at the prestigious DC Blockchain Summit held in Washington DC on May 15, 2024. This landmark event brought together the most influential figures in blockchain and digital assets to engage with top policymakers and regulators, shaping the future of blockchain technology.

As a leading innovator in the blockchain space, TRON DAO played a crucial role in shaping the discourse on the future of blockchain technology. The DC Blockchain Summit provided a platform for TRON DAO to emphasize the need for a regulatory framework that supports innovation and growth within the blockchain sector. The event is renowned for its focus on connecting leaders within the blockchain space with key policymakers to advocate for the technology’s potential and address regulatory challenges.

A highlight of the conference was a panel discussion featuring Dave Uhryniak, Ecosystem Development Leader at TRON DAO, who spoke on the topic "Blockchain for Social Good" on May 15th from 3:20-3:40 PM. Moderated by Jackie Price, Marketing and Communications Advisor at The Digital Chamber, the discussion explored how blockchain technology can drive social impact globally. Uhryniak began by defining "social good" and shared several use cases and stories of companies leveraging blockchain technology to enhance social welfare. He emphasized the global impact of blockchain technology, steering the conversation away from US-centric political issues and focusing on how blockchain fulfills its original purpose of improving lives worldwide.

The event also provided successful networking opportunities with various projects and leaders in the blockchain community. These interactions fostered discussions about potential collaborations, reinforcing TRON DAO’s strategic position within the global blockchain landscape. TRON DAO remains dedicated to playing a significant role in shaping the blockchain landscape through ongoing dialogue with policymakers and continued participation in key industry events.

The insights gained and relationships forged at the DC Blockchain Summit will aid TRON DAO in its efforts to advance blockchain technology and advocate for policies that benefit the wider digital asset community. TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018.

July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of May 2024, it has over 230.22 million total user accounts on the blockchain, more than 7.64 billion total transactions, and over $22.12 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021.

The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens – TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country.