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BitTorrent is a popular cryptocurrency platform that has become decentralized over time. In addition, it is the biggest P2P protocol according to the official documents.
The project was released to the marketplace in 2001. Then, it was bought by TRON in 2018. After that, BitTorrent announced its BTT token utilizing the TRC-10 blockchain.
Who are the founders of BitTorrent?
Bram Cohen who is a developer and entrepreneur created BTT. However, Justin Sun, the CEO of Tron, bought the project from Cohen in 2018. The purpose of BTT is to bring innovation to the entertainment industry. Also, it aims to connect creators with followers. Thus, this entertainment area will be more beneficial.
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What are the benefits of BTT?
Bittorent has presented decentralized solutions and expanded its usage by working with crypto enthusiasts. Besides, users could BitTorrent Speed by utilizing BTT tokens. Furthermore, the BTT platform has many useful features such as VPN and ad-free surfing on the website on the premium version.
BTT is a native token of Bittorrent. The total supply is 990.000.000.000 BTT tokens. Token allocation is as below:
- Tron Foundation 20.0%
- Ecosystem 19.9%
- Team 19.0%
- Airdrop tokens 20%
- Seed sale tokens constitute 9.0%
- Public sale 6.0%
- Partnership 4.0%
- Private sales 2.0%
Besides, BTT token has some basic features. They can be put in order as File Sharing Incentives, Accessing Content, User Incentives, and Token Burning. These constituents stand in for the basic parts of the tokenomics. BTT will take advantage of the Bittorent network’s components to promote user involvement. Additionally, in order to pay content suppliers, it also incorporates crypto-economics components. The regulations established by the project’s creators and the BTT owners, meanwhile, may cause the specifics of the tokenomics to alter.
Where can we buy BTT?
The token is current on Binance, Kraken, KuCoin, Uniswap, Pancakeswap now. You can also register with 20% discount and buy it from those exchanges.
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