Justin Sun, the founder of the Tron TRX/USD network, has been elected as the Prime Minister of Liberland, a so-called micronation with an economy built around cryptocurrencies and blockchains.

What Happened: Sun was nominated by President Vít Jedlička to serve as the acting PM after the cryptocurrency entrepreneur was declared the winner of a blockchain-based election process.

Sun’s accomplishments in space were recognized by the president’s office, and the administration hoped that the region’s blockchain initiatives would get a boost under him.

See Also: Trump Widens Lead Over Harris In Betting Odds On Prediction Markets —Sets A New High On Crypto-Based Polymarket

Sandwiched between Croatia and Serbia on the…