What Is BTT Coin?īTT is a TRC-10 utility token that supports the functionality of popular Dapps including BitTorrent Speed, BitTorrent File System, DLive, and others. As a result, BTT cryptocurrency appeared. So the Tron team started monitoring the powerful peer-to-peer network and implementing its protocol into the TRON ecosystem. In 2018, BitTorrent was acquired by Justin Sun (Tron Foundation founder). Nowadays BitTorrent is a popular torrent tracker and the most powerful peer-to-peer network in the world. The BitTorrent project was created by Bram Cohen in 2001 as a peer-to-peer protocol for sharing files over the Internet: video games, TV series, movies, programs, and more. All this and much more in our new article. Explore the strengths of this cryptocurrency. This article will also tell you what BitTorrent is, and where to buy BitTorrent coin, by the way, the best choice is StealthEX. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.Looking for information on BTT coin price prediction? Is BitTorrent a good investment? Then you have come to the right place. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. The information on this website is subject to change without notice. We do not give personalized investment advice or other financial advice. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. Today’s BitTorrent token sale was one of the most successful crowdfunding events in months, during which several projects struggled to raise any funds at all. #BitTorrent community wants you! Not 100% guarantee. I would like to explore the possibility with to giveaway free $BTT to everyone on launchpad fails to get #BTT today. After the event, Sun took to Twitter to propose airdropping tokens to everyone who missed out on today’s public sale. Binance Launchpad overloaded, meaning many prospective buyers couldn’t purchase BTT. Fully announced earlier this month, the new BitTorrent Speed platform is set to launch sometime in the summer.īut the sale was not without technical difficulties. TRON acquired the peer-to-peer file-sharing network last summer, reportedly making it the “largest decentralized internet ecosystem in the world.” The sector first heard news about a new tokenized sharing system way back in September. By incentivising users with tokens, it speeds up the content sharing process on the platform. Known as BitTorrent Speed, the whitepaper outlines that users will be reimbursed in BTT tokens in exchange for using their file space and bandwidth to ‘seed’ content. The BTT token, which runs on the TRON blockchain, will form part of BitTorrent’s new sharing system. “The BTT token will be instrumental in its ability to incentivize users on BitTorrent, to share and seed on the platform.” “We had tremendous success during our crowdfunding on Binance Launchpad, which sold out in less than 15 minutes amidst a very positive response, right before the Q2 launch of BitTorrent Speed and its accompanying products,” Sun said. The token sale was completely sold out within 15 minutes. In all, the BNB-BTT sale sold 23.76bn BTT tokens, with the TRX-BTT sale selling 35.64bn tokens.īTT tokens were sold at $0.00012 during the sale, raising a total of $7.2M. Organized on Binance Launchpad, a token sale platform run by the Binance exchange, the sale was split into two sessions: one for investors purchasing BTT with Binance Coin (BNB) and another for those buying with TRX tokens. More than 59bn tokens were sold in the BitTorrent public sale. The founder and CEO of TRON (TRX), Justin Sun, has called the public sale for BitTorrent tokens (BTT) a “tremendous success,” after it raised millions of dollars in a matter of minutes.
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