Brother Sun is stirring things up again.

Sun Yuchen, an innovative figure in the cryptocurrency space, has sparked discussions on decentralization, liberalism, and community autonomy through projects like Huobi HTX and HTX DAO in recent years. He is not only a pioneer of blockchain technology but also one of the most groundbreaking spiritual leaders in the crypto field today. With his election as Prime Minister of the Republic of Liberland, this liberal experiment transitioning from the crypto world to the political stage has piqued public curiosity—Brother Sun is stirring things up again.

Elected Prime Minister of Liberland: Why Brother Sun

Liberland, a microstate located between Croatia and Serbia, was established in 2015, claimed by Czech politician Vít Jedlička. This country is known for its embrace of liberalism, minimal government intervention, and efficient self-governance, advocating core values such as personal freedom, limited government, and low taxes. Liberland is not only a geographical national experiment but also a testing ground for political ideas, attracting the attention of many liberals and anarchists.
On October 10, Liberland announced the results of its latest parliamentary elections—Sun Yuchen was nominated as acting Prime Minister by Liberland President Vit Jedlička. This aligns with Sun Yuchen's liberal ideals. With his election as Prime Minister of the Republic of Liberland, Brother Sun's liberal experiment has extended from the crypto world to the real political stage.
Sun Yuchen has always advocated for liberalism, decentralization, and the popularization of blockchain technology. These ideas are highly consistent with Liberland's national vision. As a pioneer in the blockchain field, he fully embodies the potential of decentralization through Huobi HTX's "People's Exchange" and the community autonomy concept of HTX DAO. He aims to create a more democratic, fair, and open economic system. This vision aligns perfectly with Liberland's founding ideals: granting everyone more autonomy and reducing dependence on centralization.

A Strong Attempt at Decentralization: Huobi HTX Transforms into the "People's Exchange"

In 2023, Sun Yuchen rebranded the Huobi brand as a global advisor to Huobi HTX, upgrading it to "Huobi HTX" and establishing the vision of the "People's Exchange." Guided by this concept, Huobi HTX is committed to building an open, transparent, and highly autonomous digital asset trading platform, where users are not only participants but also an important part of the decision-making process.

Screenshot from Sun Yuchen's Twitter (X)

Through HTX DAO, users can participate in platform management in a decentralized manner. This initiative symbolizes Sun Yuchen's firm belief in free markets and personal autonomy, showcasing his ambition to create a platform governed by its users. Huobi HTX is not just an exchange; it resembles a financial community, allowing users to truly have an impact on the platform through the DAO governance model.

At the same time, Huobi HTX's global expansion and localized services complement each other, further solidifying its leading position in the crypto market. It offers a range of high-quality asset options, fast trading services, and robust security measures, making it an important trading platform for global users. Whether in terms of the growing user base or its reputation in the industry, Huobi HTX is undoubtedly making strides toward realizing its vision of the "People's Exchange."

These efforts have also earned Huobi HTX recognition in the global crypto industry. Huobi HTX has been nominated for the annual award at Blockchain Life for two consecutive years, and Sun Yuchen himself has been nominated as "Best Crypto Entrepreneur of the Year". At the 2024 Dubai Blockchain Life industry conference, Huobi HTX received three heavyweight nominations, including "Best Centralized Exchange of the Year," "Best Launchpad Platform of the Year," and "Best Customer Service of the Year." This is a high recognition of Huobi HTX's innovation and achievements in the blockchain field.

An Experiment in Community Autonomy: The New Paradigm of HTX DAO

HTX DAO, as a decentralized autonomous organization, further expands the practice of Sun Yuchen's liberal ideas. The essence of the DAO is to allow all users holding $HTX Tokens the opportunity to participate in platform decision-making, whether it concerns new coin listings, trading fees, or the launch of various innovative activities, the community's voice is always present. The emergence of HTX DAO signifies that traditional centralized business models are being replaced by decentralized community governance.

Sun Yuchen explores a more open future through HTX DAO—a digital economic ecosystem governed by users themselves. This not only disrupts the decision-making structure of traditional enterprises but also pushes blockchain governance toward a more decentralized paradigm.

By being elected as "Prime Minister" of Liberland, Sun Yuchen has the opportunity to apply the decentralized concepts he has explored in Huobi HTX and HTX DAO to national governance. With the support of blockchain technology, the citizens of Liberland will have the chance to directly participate in national affairs, implementing a more transparent and efficient governance structure. This is not only a great experiment in the field of digital assets but may also become a transformation of future national governance models.

Screenshot from Sun Yuchen's Twitter (X platform)

Sun Yuchen's journey from the cryptocurrency field to politics showcases the limitless possibilities of liberalism. Whether through Huobi HTX, HTX DAO, or on the political stage of Liberland, he is attempting to break free from the constraints of traditional structures, exploring a path of greater freedom and autonomy for human society.

This liberal experiment continues, but regardless of the outcome, Sun Yuchen's spirit of innovation and adventure will undoubtedly leave a profound mark in history. His thoughts and practices are not only influencing the future of the crypto world but may also shape a new chapter in the global political and economic landscape.

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