The "Libra Cup" National Debate Competition concluded successfully: Intellectual collisions lead to a new pattern in the cryptocurrency industry

Industry Express
2025-01-25 14:11:10
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As a diverse platform, the "Libra Cup" National Debate Competition brings together a variety of voices from professionals, technicians, and opinion leaders in different fields, sparking profound discussions about the industry and showcasing the industry image of Huobi HTX as "innovation, freedom, and cooperation," as well as its determination to lead the cryptocurrency industry further into mainstream society.

Author: HTX

Recently, the "Libra Cup" National Debate Competition co-hosted by Huobi HTX and SunPump successfully concluded. This event combined competitiveness and entertainment, injecting vitality into the collision of ideas for crypto development, and received support from diamond sponsors such as SunDog, Coupon Assets, Tron Bull, IVfun, HeroDOG, AIA Labs, as well as gold sponsors Token Pocket and MimiAlpha.

As a diversified platform, the "Libra Cup" National Debate Competition gathered diverse voices from professionals, technicians, and opinion leaders from different fields, sparking profound discussions about the industry and showcasing Huobi HTX's industry image of "innovation, freedom, and cooperation," as well as its determination to lead the crypto industry further into mainstream society.

48 participants, 12 popular Web3 topics: A two-way journey for debate and the crypto community

In this competition, 48 debaters formed 12 teams, engaging in rational, open, and constructive exchanges over 6 weeks on real-time hot topics in Web3, such as "The pros and cons of Pump.Fun terminating live broadcasts," "The impact of regulators/political figures on the crypto market," and "The advantages and disadvantages of following KOLs for trading." This not only provided the public with an opportunity to gain a deeper understanding of blockchain and the crypto market but also showcased the debaters' exceptional debating skills and profound knowledge.

After 12 intense rounds, the "Beijing Roast Duck Team" won the championship with outstanding performance, earning a prize of 5,000 USDT. The "Birds on the Tree Team" narrowly secured the runner-up position, with a prize of 3,000 USDT. The "God of Hash Team" and the "Avengers Team" tied for third place, each receiving a prize of 1,000 USDT.

It is worth mentioning that this "Libra Cup" National Debate Competition also attracted top debaters from the Chinese debate scene, including Zhang Zilong, a judge from the 2025 Bilibili New National Debate and the champion of the 2013 New National Debate.

After the competition, Zhang Zilong expressed gratitude to all the opponents and teammates encountered from the preliminary rounds to now, and shared his expectations for the future of the event. "My background knowledge in crypto was supplemented by my teammates Evie from the Kaspa Foundation and Kim, a frontline KOL, before the competition. My opponents always provided valuable content for me to learn from. Through this competition, I met many excellent and talented friends in the crypto community. I also want to thank Huobi HTX, SunPump, and all the sponsors for providing this opportunity, allowing me to engage with the crypto industry and try different experiences. I hope this competition can continue to be held."

The captain of the runner-up team, Lacie, said, "It was a great honor to have the opportunity to learn debating skills from senior Zilong. The community members also had more dialectical thinking about some issues encountered in trading and investing during the viewing process. Everyone really enjoyed this debate event."

The soul question of the finals: Exploring the impact of Sun Yuchen and Trump on the crypto world

In the finals, the "Birds on the Tree Team" and the "Beijing Roast Duck Team" engaged in a heated discussion on the topic, "If I could travel back to 2015, would I want to be Sun Yuchen or Trump?" The entire match was spectacular, with many memorable quotes.

Indeed, 2015 was an important time node. At that time, blockchain technology was just emerging, the U.S. was approaching the 2016 election, and TRON had not yet been established. Both Sun Yuchen and Trump would face completely different opportunities and challenges in that era.

The "Birds on the Tree Team" expressed a desire to become Sun Yuchen in 2015. Sun Yuchen was an early pioneer in the crypto industry and a leader in promoting the global consensus of blockchain. He founded the TRON ecosystem, bringing blockchain technology from the margins to the mainstream, opening the door for hundreds of millions of people worldwide to understand the crypto world. Without pioneers like Sun Yuchen since 2015 or even earlier pushing blockchain into the mainstream, there wouldn't be so many crypto enthusiasts globally, and the industry's demands wouldn't have become an important voice in society.

They also pointed out that Trump's current crypto-friendly image is based on the support of these crypto voters. Without this support, many of his policies might not even be discussed. The development of history fundamentally relies on the broad consensus of the people rather than the personal decisions of a single politician. Becoming Sun Yuchen and uniting with the people to build consensus and promote industry progress can lead to a more positive societal perception of the crypto industry, providing a stronger grassroots support foundation for the later "Bitcoin President" Trump, thereby promoting industry development.

The "Beijing Roast Duck Team" argued that the macro vision and political leadership represented by Trump have a significant impact on the crypto industry, especially as Trump's return to the White House ushers cryptocurrencies into a new stage of development. Bitcoin has shown rare upward momentum in the past two months, and the newly issued personal meme coin by Trump has skyrocketed, providing a tremendous boost to cryptocurrencies.

Returning to the present, both sides achieve mutual success and jointly promote crypto development

Whether choosing Sun Yuchen or Trump, returning to the present, both have contributed to today's crypto market.

As the first president in U.S. history to explicitly support cryptocurrencies, Trump has garnered greater political support and legitimacy for the crypto industry, pushing cryptocurrencies toward broader development markets. After his inauguration, WLFI increased its holdings of TRX twice, accumulating over 30 million TRX. Currently, TRX has become its third-largest asset. Sun Yuchen commented on this, stating, "The second purchase usually has special symbolic significance, as it is not just a transaction but a reaffirmation of the initial decision."

Meanwhile, Sun Yuchen has invested a total of $75 million into Trump's family's cryptocurrency project, World Liberty Financial (WLFI), and has been appointed as an advisor to the project. Additionally, on January 18, after the official issuance of Trump's meme coin "$TRUMP," it quickly went live on the Huobi HTX platform. Relevant data shows that the number of new registered users on Huobi HTX exceeded 100,000 that day, a growth closely related to the launch of $TRUMP.

After more than a decade of construction and accumulation, Sun Yuchen has fostered the prosperity of the TRON and HTX DAO ecosystems, becoming a steadfast builder in the industry. The deep strategic cooperation between Sun Yuchen and WLFI will enhance the credibility of the entire industry and strengthen the security and sustainable development of the cryptocurrency market, further promoting the crypto industry toward compliance and regulation.

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