With the evolution of the crypto sector, the fraudsters are also advancing their methods to target the unsuspecting consumers. In this respect, Justin Sun (the founder of the Tron Foundation) has recently brought to the front the significance of protecting consumers. In his latest posts on X, the prominent entrepreneur pointed toward this subject to spread awareness.
The first lesson I learned from Jack Ma and CZ: Protecting the user. When I was studying at Jack Ma's Hupan University, he repeatedly emphasized the importance of protecting users. At Alibaba, the priority of users is above investors, partners, and employees.
— H.E. Justin Sun 孙宇晨 (@justinsuntron) May 22, 2024
Tron Founder Stresses the Significance of User Protection in the Crypto Sector
Sun pointed out that the top personalities in the market have contributed a lot to educating him about user protection. He admired Changpeng Zhao (the former CEO of the famous crypto exchange) and Jack Ma (the cofounder of Alibaba). The entrepreneur added that he learned the initial lesson of consumer protection from these popular personnel.
Then he highlighted the time when he was continuing his studies at Hupan University of Jack Ma. In his words, Jack Ma frequently stressed that the protection of the consumer plays a crucial role in an industry. In addition to this, he mentioned that another example is Alibaba. The China-based multinational tech firm prioritizes its consumers over other things. He added that Alibaba places its users above the employees, partners, and investors.
Justin Sun Admires Jack Ma and Changpeng Zhao for Prioritizing Users
The respective approach is very contributive to the further progress of an ecosystem. While pointing toward this, the entrepreneur intends to promote this approach in the crypto sector. Moreover, he revealed that he kept in mind the respective factors in his mind when starting his own business. According to him, Changpeng Zhao displayed a fine example of consumer preference in the recent 11 years.
He asserted that the entities should always provide relatively more protocol in comparison with the other people. Nonetheless, he added this achieving this is very difficult. Even then, the entrepreneur advised the companies to remind themselves of the user interests surpassing the others.
