On February 9, according to people familiar with the matter, TRON is about to acquire the blockchain project Steemit. Five days ago, Sun Yuchen, the founder of TRON, revealed on Weibo that two recent mergers and acquisitions have been completed. It is understood that Steemit is a blockchain-based content distribution platform that was officially released on July 4, 2016. Content uploaded by users of this platform will be recorded on the chain and cannot be modified. In addition, users can earn revenue by posting on the platform.