The Binance team has released details of the upcoming BitTorrent (BTT) token sale scheduled to go live on the Binance Launchpad. The token will be buyable on Binance via Launchpad with either BNB or TRX tokens. Sorry BTC whales, you won't be able to buy the token with your Bitcoins, and you will need to convert before the 28th if you want to participate in the sale. The sale is slated to last up until Feb. 3, 2019.
TRX poised to do big things this year as DAPP developers from Ethereum continue to migrate over to TRX blockchain, with the promise of gainful compensation. Justin Sun recently announced the BTT crowdsale on Twitter. Could this coin be a potential runner in 2019? I guess we will all find out soon.
Binance analysts explain how the BTT token is going to extend the peer-to-peer platform by creating a token-based economy for networking, bandwidth and storage resources.
The token should incentivize users to allow others to make use of their spare resources thus boosting the efficiency of file sharing. BitTorrent filesharing is still big business, now it will incorporate a native cryptocurrency. Justin Sun recently purchased BitTorrent. What are your thoughts on the BitTorrent (BTT) token and crowdfunding on Binance launchpad?