BitTorrent is a Web3 company. It is a San Francisco-based company responsible for developing the world's largest decentralized P2P communication protocol for distributing data and large files across the Internet.
The BitTorrent protocol is not only the largest peer-to-peer network, but it is also the basis for Web3, one of the largest global communities on the Internet. It is advancing its technology through blockchain technology. In addition, the company is developing the next generation of seeding products to dramatically simplify the experience and make it easier to stream and download seeds. It also continues to work on improving BitTorrent Speed, including giving users better control over how they use BTT to get faster downloads. Other projects that utilize the BitTorrent protocol and BTT are also under active development. For example, the BitTorrent File System (BTFS) will pave the way for a fully decentralized file storage system, enabling distributed file storage independent of centralized platforms. Powered by the BTT and TRON blockchains, "hosts" can rent out their hard drive space for BTT, while "tenants" can use BTT to purchase decentralized storage. The company is rapidly expanding the use cases for its decentralized protocol, changing the industry landscape by creating the next generation of live streaming technology. It will leverage the company's powerful global P2P network to connect content creators directly with viewers without the need for a centralized platform.
The founder of BitTorrent is Bram Cohen, an American computer programmer. He designed the BitTorrent protocol in April 2001 and on July 2, 2001, released the first usable version. His company, BitTorrent, Inc. (later renamed Rainberry, Inc.), released the BitTorrent v2 protocol specification on May 15, 2017.
Recently, BitTorrent Inc. has made some news. For example, to celebrate the holiday season, they are offering a 25% discount on Web and Classic Pro and Pro+VPN products. In addition, they upgraded their help center to provide a better user experience. During Black Friday, they also launched a promotion where all premium desktop products now include a second year free. Additionally, US users can now purchase BTT directly from Kraken, one of the world's oldest and largest digital exchanges. the Plisio cryptocurrency payment gateway also supports BitTorrent Token (BTT), making BTT acceptable for small companies, medium-sized businesses, and large enterprises alike.
Above are only for introduction, not intended as investment advice.
Explore the tokenomics of BitTorrent (BTT) and review the project details below.
What is the allocation & supply schedule for BitTorrent (BTT) ?
BTT is the native cryptocurrency of BitTorrent, established on TRON's blockchain following the TRC-10 standard token protocol. The total supply, as outlined in its whitepaper, is 990,000,000,000 BTT. Issued tokens will be distributed in the following proportion:
- 6% is allocated to Public sale tokens
- 2% is allocated to Private sale tokens
- 9% is allocated to Seed sale tokens
- 10.1% is allocated to Tron airdrop tokens, distributed over the next six years
- 10% is allocated to BitTorrent protocol airdrop tokens
- 19% is allocated to BitTorrent Team and the BitTorrent Foundation
- 20% is allocated to TRON Foundation
- 19.9% is allocated to the BitTorrent ecosystem
- 4% is allocated to Partnership tokens
BTT serves diverse functions within BitTorrent's offerings, including enabling users to compensate others for expedited downloads through BitTorrent Speed. If you want to know the specific data for each day, please visit https://tronscan.org/#/token/1002000/supply
BitTorrent is a Web3 company. It is a San Francisco-based company responsible for developing the world's largest decentralized P2P communication protocol for distributing data and large files across the Internet.
The BitTorrent protocol is not only the largest peer-to-peer network, but it is also the basis for Web3, one of the largest global communities on the Internet. It is advancing its technology through blockchain technology. In addition, the company is developing the next generation of seeding products to dramatically simplify the experience and make it easier to stream and download seeds. It also continues to work on improving BitTorrent Speed, including giving users better control over how they use BTT to get faster downloads. Other projects that utilize the BitTorrent protocol and BTT are also under active development. For example, the BitTorrent File System (BTFS) will pave the way for a fully decentralized file storage system, enabling distributed file storage independent of centralized platforms. Powered by the BTT and TRON blockchains, "hosts" can rent out their hard drive space for BTT, while "tenants" can use BTT to purchase decentralized storage. The company is rapidly expanding the use cases for its decentralized protocol, changing the industry landscape by creating the next generation of live streaming technology. It will leverage the company's powerful global P2P network to connect content creators directly with viewers without the need for a centralized platform.
The founder of BitTorrent is Bram Cohen, an American computer programmer. He designed the BitTorrent protocol in April 2001 and on July 2, 2001, released the first usable version. His company, BitTorrent, Inc. (later renamed Rainberry, Inc.), released the BitTorrent v2 protocol specification on May 15, 2017.
Recently, BitTorrent Inc. has made some news. For example, to celebrate the holiday season, they are offering a 25% discount on Web and Classic Pro and Pro+VPN products. In addition, they upgraded their help center to provide a better user experience. During Black Friday, they also launched a promotion where all premium desktop products now include a second year free. Additionally, US users can now purchase BTT directly from Kraken, one of the world's oldest and largest digital exchanges. the Plisio cryptocurrency payment gateway also supports BitTorrent Token (BTT), making BTT acceptable for small companies, medium-sized businesses, and large enterprises alike.
Above are only for introduction, not intended as investment advice.