![]() “Due to overwhelming demands, Tron team generously agreed to do a small airdrop for people who tried to place orders, but was not successful in buying. #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. To appease some users who were on the Binance Launchpad but were unable to purchase the BTT, Justin Sun promised an airdrop of BTT to them although the exact number of BTT each will receive was not disclosed. CZ explained that the platform has a server glitch following the “astronomical” demand for the BTT tokens. The Binance Launchpad had been used to conduct two little-known tokens in the past-that is Bread and GIFTO. Took about 18 minutes, due to a system issue, “would have taken 18 seconds otherwise. In his response to the public sale, the CEO and founder of Binance Changpeng Zhao said the demand for the BTT token was out of this world and that the sale would have ended in a matter of seconds if not for a technical issue encountered on the Binance Launchpad. Only 6 percent of the entire BTT tokens was allocated for the public sale and each BTT token was valued at $0.00012 USD during the sale.Ībout 35 countries including the United States was excluded from the token sale due to regulations. Participants could purchase BTT tokens worth a minimum of $12 USD and a maximum of $20,000 USD. A total of 60 billion BTT tokens which were available for the public sale was purchased by participants for a total of about $7.2 million. One session, participants who held TRON’s native TRX tokens while the other session was for participants who had Binance’s native token, BNB.Īccording to Binance Launchpad, the public sale started at exactly 3:00 PM UTC and lasted for just 15 minutes. The token sale was conducted on Binance Launchpad, an exclusive token launch platform of Binance crypto exchange and took place in two sessions simultaneously. Details of the BitTorent Token (BTT) Sale ![]() Sun stated that BitTorrent which has a huge number of active users will be used to attract more people into cryptocurrency and fulfill Tron’s goal of decentralizing the internet. The sale ended almost as soon as it started grossing around $7.2 million investment from participants.įor a while, Tron’s CEO Justin Sun has spoken glowingly about the introduction of the BitTorrent token (BTT) which is an outcome of Tron’s acquisition of peer to peer file sharing platform BitTorrent for $140 million last year. #TRX #BTT public sale of the BitTorrent Token (BTT) has been successfully conducted according to a statement published by Binance on Monday shortly after the sale. In Summary – This can change the way we use the Internet, permanently. I have attached a list of highlights to this tweet for people who don’t want to read the whitepaper. I have now finished my analysis of the BitTorrent token on the TRON blockchain. He highlighted some of the most important parts of the BitTorrent token’s whitepaper, including the fact that existing Tron holders will receive BTT tokens as well.Ī total of 990 billion BTT tokens will be available along with a simplified BTT wallet so that non-crypto users are able to use it. “In Summary – This can change the way we use the Internet, permanently.” Gordon commented on the BTT token, saying: More info on the project will be available during the Nitron Summit which is to be held in San Francisco in two weeks. ![]() During the last calendar year BitTorrent price was volatile and had both periods of. It will also be 100% compatible with other clients that support the BitTorrent Protocol, and users will even get a chance to opt out if they wish. Exchange rate btt to USD is 0.00 for one coin. The token will first be implemented into the uTorrent Classic client for Windows, which is the most popular BitTorrent application. The BTT token is built with TRC-10 compatibility, but it will only be available to non-US residents and on Binance’s token launch platform, Binance Launchpad.īinance CEO Changpeng Zhao noted that BitTorrent is a decentralized project with an already significant user base that is adding a new token economy. “In one giant leap, the BitTorrent client can introduce blockchain to hundreds of millions of users around the world and empower a new generation of content creators with the tools to distribute their content directly to others on the web.” Justin Sun, founder of Tron and BitTorrent CEO said: BitTorrent users can exchange BTT tokens to improve network speed, making downloads faster.
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