The three million that the Binance Charitable Foundation (BCF) will receive was donated using the TRON ecosystem's native currency, TRX. BCF is a non-profit organization that was created with the goal of accelerating the adoption of blockchain technology as well as helping those in need.
Some may think that Sun had some ulterior motive in donating the money, but it appears that it was a gesture of goodwill. Changpeng Zhao tweeted:
Justin approached us with a very generous donation offer of the equivalent of $3 million. My respects.
BCF says its mission is to help billions of people escape poverty through the power of blockchain technology to help provide transparent ways for charitable giving. BCF members are developing a platform that will allow charities and individuals to track every donation. Using this platform, the user can ensure that all of his funds reach those in need in full.
Immediately after the announcement of the $3 million donation, many critics began to discuss Sun's actions and speculate about his possible ulterior motives and secret agreements with Binance. According to Zhao, this donation is an act of goodwill without any second day. He also added that, most likely, Justin does not have any ulterior motives, since the Binance platform has been supporting TRX for more than a year.
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