AI War: Tron DAO Secures $100-M For AI Project, After ChatGPT And Google Push

In recent years, AI (artificial intelligence) has emerged as one of the most intriguing and quickly expanding technological narratives. The growing interest in artificial intelligence is fueled by its potential to change industries and improve the quality of life for people all around the world.

Timeline of Tron

Tron [TRX] has presented itself as a viable alternative to Ethereum's [ETH] blockchain, as it is speedier and more cost-effective. On 7 February, Messari released a report that evaluated the state of the blockchain as of the fourth quarter of 2022 (Q4).

As the interest in artificial intelligence (AI) is witnessing revival, both in the mainstream as well as in the cryptocurrency sector, the decentralized autonomous organization behind the TRON (TRX) ecosystem has announced the establishment of a $100 million Artificial Intelligence Development Fund.

TRON (TRX) has recovered since the price decline that started on November 14, 2022. At the moment, the cryptocurrency's value has risen to $0.066. There is a potential for further upward movement.

H.E. Justin Sun, the founder of crypto exchange Huobi Global, has officially endorsed Debt DAO, a project that is issuing FTX users' debt as a bond token, FUD, on behalf of FTX creditors.  What Happened: Huobi listed the FUD token for trading on Sunday.

TRON [TRX] reached a new milestone that reflected its increased adoption across the globe. TRONSCAN revealed that TRON's total accounts surpassed the 140 million mark – they stood at 140,010,268 at press time.

Justin Sun, the activist who founded the TRON network, has expressed the hope that his token, TRX, may one day be recognized and accepted as a form of legal money all across the globe.

After Dominica and St Martin, the Tron ecosystem found favors with another nation. According to a tweet by TRON founder Justin Sun, a major country was set to legalize TRX token as legal tender in the days to come.

Key Points: TRON's founder, Justin Sun, expressed optimism that the TRX token will experience widespread adoption this year. In this way, he proclaimed that achieving the adoption of TRX as legal money in at least five jurisdictions will be his key performance indicator for the current year.

TRON [TRX] recently released the latest edition of its weekly report, revealing how the network has been performing during the last seven days. The report mentioned all the notable developments that happened in the TRON ecosystem.

Crypto-savvy observers and enthusiasts may have noticed that the Tron blockchain network has been receiving an increasing share of the spotlight. This has been the case for the last few months and a new update from the network reveals why.