Binance, one of the world’s largest cryptocurrency digital asset exchange platform by trading platform is using its platform Binance Launchpad for something big yet another time. Moreover, this time, it is for the extremely in wait and anticipation, the BitTorrent Token (BTT) sale.
BitTorrent, the world’s most popular decentralized file sharing and downloading platform, will be launching the BitTorrent Token (BTT). Furthermore, the platform and the foundation running the software is claiming that this a way to tokenize them. It will be tokenizing the world’s largest decentralized file sharing protocol with their BitTorrent Token (BTT).
More about the BitTorrent Token (BTT) Sale Events
TRON Foundation is the technology, platform and well, the driving force behind the decentralised file sharing protocol’s BTT Token. TRON Foundation and its native cryptocurrency digital asset token TRX is going to complete just 2 years of their existence in the crypto verse. But, they are already making a lot of noise in the crypto space with their rapid development of technology and the astounding growth in user base.
BitTorrent got acquired by the TRON Foundation, with the vision of their Chief Executive Officer, Justin Sun. Sun believes in creating a fully decentralized Web 4.0. TRON Foundation with its decentralized platform deals with content creation and distribution. Their platform with their use case of blockchain removes the need for a middlemen.
With BitTorrent, they are doing the same, by allowing the BTT Token to let content creators distribute their content. Furthermore, this token will also allow users to get faster download speed.
The crypto exchange Binance’s website is declaring the prices which are set now for the BTT Token sale events. They are going to hold 2 sessions simultaenously. One will be for Binance Coin (BNB) and the other for TRON (TRX) users.
The prices are set at 1 BTT = 0.00001824 BNB (with BNB at 6.58 USD) and 1 BTT = 0.00447261 TRX (with TRX at 0.02683 USD).