Justin Sun, the founder of Tron also received an award from public votes.
At the Blockchain Life Awards 2023, Tron DAO was awarded a Layer-1 Solution of the Year award by public voters.
Marking the 9th anniversary of the awards in Dubai, the Blockchain Life Awards aim to congratulate and represent web3 companies, innovators, and cryptocurrencies in the blockchain industry around the world.
Alongside supporting web3 companies and cryptocurrencies, the awards have a goal of increasing public confidence and awareness of the cryptocurrency industry.
Tron DAO is a decentralized layer-1 blockchain network with a native TRX token that is used for securing the network via Proof of stake. On Tron users can interact with decentralised applications and invest in companies.
Since reaching over 192 million registered users and an $8.3 billion market cap, Tron was recognized by the Blockchain Life Awards.
Alongside Tron DAO winning an award, Tron’s founder, Justin Sun, received a Crypto Entrepreneur of the Year award.