What to Know About Tron’s BitTorrent Token Airdrop This Week
The first thing to know about the BitTorrent Token (BTT) airdrop is that it’s not just a one-off event.
This first one begins a series of monthly airdrops that will run until February 2025.
There are 990 billion BTT tokens created on the Tron blockchain. Of those, 10.1 percent have been designated for airdrops to TRX holders over the next six years, starting on Monday. Furthermore, the monthly airdrop will get bigger as time goes on, increasing once every February.
“Think of Tron and BitTorrent like a razor and a blade,” Justin Sun, founder of Tron and CEO of BitTorrent, told CoinDesk via a spokesperson. “You need both together to create a new internet economy driven by decentralization. We are seeding BTT to deliver a marketplace of innovations and applications across the web.”
About BitTorrent Token (BTT): BitTorrent (BTT) allows content creators to connect with their audience, earn and spend digital currency without a middleman. By connecting the BitTorrent peer-to-peer network to the TRON blockchain, they offer a new experience to over 100M+ users. BTT is a TRC-10 utility token based on the TRON blockchain to foster faster speed on the world’s largest decentralized application. BitTorrent Speed enhances the BitTorrent protocol for all users and all torrent clients. BitTorrent (BTT) tokens can be bid in exchange for faster downloads. Tokens will be stored in a built-in wallet and can be exchanged for TRON (TRX) tokens through a decentralized exchange.
BitTorrent Token (BTT) is down 8.40% over the past 24 hours and is currently trading at $0.000759 USD. It has a 24 hour volume of $46,998,492 USD and a total supply of 990,000,000,000 BTT.
About Tron (TRX): TRON is one of the largest blockchain-based operating systems in the world. TRON is a blockchain-based, open-source protocol for the global digital entertainment industry. TRON supports various kinds of blockchain networks and smart contract systems, including bitcoin, Ethereum, EOS, Qtum, and other public blockchain smart contracts, provides developers with multiprotocol infrastructure for entertainment app development, and allows users to enjoy smooth multiprotocol smart networks.
TRON (TRX) is the 8th largest cryptocurrency by market cap size. Its market cap is currently $1,723,785,739 and it has a circulating supply of 66,671,422,606 TRX. It's down 5.16% over the past 24 hours and is currently trading at $0.025855