BitTorrent Tokens Public Sale Sells Out in 13 Minutes 25 Seconds

BitTorrent Tokens Public Sale Sells Out in 13 Minutes 25 Seconds

BitTorrent reaps $7.1 million on the sale of BTT (BitTorrent Token) on Binance Launchpad. BTT is a TRC-10 token type, Tron’s native mainnet token

Binance proclaimed the official conclusion of the sale through a blog post on their website. A total of 50 billion BTT were sold in two back-to-back sessions. One of the sessions was for participants who chose to use BNB (Binance Coin) to buy the token. The other was for those who opted to use TRX (Tron). Binance Launchpad released sales data information stating the public sale price of BTT was at $0.00012 apiece.

Changpeng CZ Zhao, CEO of Binance, tweeted if technical issues did not ensue, the sale could have concluded earlier.

BTT will be expended on the platform as a tool to ‘transact in computing resources’ shared by BitTorrent clients and services requesters and providers.

BitTorrent Speed

BitTorrent Speed is a system where platform users are incentivized with BTT for bandwidth exchange and seeding. It will coalesce BTT with µTorrent Windows client, which, will reportedly launch this summer.

Blocktrade token

0.000746 USD -6.72%
0.00000019 BTC -5.00%
Volume, 24h
15,681,376 USD
41,042 USD
< 0.01%

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