Bittorent will be soon be seen on coinmarketcap
Do you remember the acquisition of BitTorrent! Yeah, the one which was initiated by TRON. We all did anticipate something unique from this ambitious project which aims at creating an infrastructure for a decentralized internet. And here it is. TRON, only months after acquiring BitTorrent has announced that they are discharging their very own digital currency, a token; which would be known as BTT.
You would be thinking what benefit it would have on you?
If you’re a BitTorrent user, this new token (BTT) will offer you a path to optimize and advance your network speed and achieve quicker downloads through paid prioritization. Each is issued by the foundation of BitTorrent and features of the token includes similarity to TRC-10 (its a set of guidelines laid out by TRON). Think TRX for worldwide, decentralized content conveyance.
After the acquisition took place last year, it was quite predicted and evident by the experts that this acquisition will definitely lead to something innovative and here it is. There was already a hype of them collaborating to launch a token. In its initial stage, the project was referred to as ‘Project Atlas’, which was revealed in September 2018.
The BTT token id undoubtedly focused on motivating and facilitating transfers in the world's largest decentralized P2P network.
The market is already ready. BitTorrent said, it right now drives around 22% of worldwide upstream traffic and 3% of its downstream traffic. Delegates of the organization stated that the firm serves in more than 100 million users. Now, how cool is that?
More About the BTT- The Token
BTT, which is at present just accessible to those the users outside the United States (US), will dispatch as a component of cryptographic money exchanging stage Binance's "Launchpad" program. It’s a program intended to spotlight and market test new tokens. As indicated by “Coin Telegraph”, the tokens will be distributed soon towards the end of this month. But, as it would be for testing purposes, it will be distributed selectively.
So guys, embrace yourself for a new token that's gonna hit crypto charts: BTT.