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International Business Times
International Business Times
Business
Marvie Basilan

All About Liberland – The Micronation That Elected TRON's Justin Sun As Prime Minister

Justin Sun HE Justin Sun United Nations blockchain Bitcoin Croatia Serbia
Liberland, a small sovereign state between Croatia and Serbia, announced that its people elected TRON's Justin Sun as Prime Minister. (Credit: Liberland on X)

KEY POINTS

  • Sun said he is looking forward to promoting the 'small government' model during his time as Liberland's PM
  • Liberland, which only has a 7 km2 territory, has its own blockchain system and also holds Bitcoin in reserve
  • Liberland has yet to be formally recognized as a country, but it has 'friendly relations' with some UN states
  • The micronation champions 'sunset laws' and promotes individual freedom over governmental interference

Liberland, a yet-to-be-formally-recognized country on a disputed 7 km2 territory between Croatia and Serbia, has elected TRON blockchain founder Justin Sun as its Prime Minister using a blockchain-based system, marking a significant milestone in the technology's role in elections.

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