The acquisition of BitTorrent by Tron was taken by the industry, as a whole, to be a bid to improve Tron’s file sharing and security protocols. The BitTorrent token, or BTT, was release in mid-2019 to much fanfare and media buzz. The organization was acquired by content sharing purposed blockchain platform, Tron, in 2018. About BitTorrentīitTorrent is a torrent platform firm, focused on providing a more libertarian internet trough encrypted file sharing platforms uTorrent, and namesake BitTorrent. The organization warns users to be wary of such solicitations, as BitTorrent will only communicate with it’s community through official channels, not through third parties. Beware of ScamsīitTorrent, the firm behind file sharing platform, uTorrent, also mentions the fact that there have been a number of scams cropping up all over social media, of accounts claiming to be affiliated with BitTorrent or the airdrop program. What the airdrop does not constitute – the foundation stresses – is a dividend payout, or any other form of investment related return. BTT holders can already transact the digital asset for goods and services available on the foundation’s partner platforms. For example, developers might mint millions of. Usually, crypto airdrops occur early on in a project’s development. Typically, cryptocurrency airdrops are done as a marketing tactic to increase public interest surrounding a new project. Users who receive BTT tokens through the official airdrop will, in turn, gain early access to the BitTorrent network’s technology. A crypto airdrop involves distributing cryptocurrency tokens or coins for free to numerous wallet addresses. It would behoove a user to confirm support from their chosen provider before depositing TRX into the wallet in the hope of receiving their share of the airdrop. Freewallet, and exchanges, Huobi, Bittrex, Poloniex, AltCoinTrader, and a few others support the airdrop as well. Users of custodial TRX wallets are advised to contact their service provider for more details on whether or not they participate in the airdrop.Ītomic Wallet and Binance are two blockchain firms which participate in the TRX × BTT airdrop program. No action on the side of the TRX address owner is required, accept for the requirement of owning the private keys to said wallet, of course.Ĭustodial services like digital asset wallet firms and exchanges are included in the airdrop program, but the number of participating firms is kept to a select few. Eligible AddressĪs stated above, a Tron network registered address with an amount equal to, or more than 1 TRX coin will be eligible for the airdrop. The blockchain organization even aims to increase that supply by 0.1% per year, for the duration of the airdrop program. In 2020, The BitTorrent Foundation plans to drop about 13.8 billion BTT tokens into the portfolios of Justin Sun’s Tron network’s TRX token holders. Tron wallet addresses holding a value equal to, or above a single TRX token are automatically credited with BTT tokens corresponding to the number of TRX tokens it holds. The issuance of the BitTorrent token is the result of Project Atlas, a project that was announced in mid-2018 that aims to build a new iteration of BitTorrents p2p software. Finally, BTT by BitTorrent are available for trading on Hitbtc. The cryptocurrency of the same name launched in 2019 was called BitTorrent Token (BTT). Tron embarks on one of the longest airdrop experiments in history, with BitTorrent Token giveaways happening monthly into 2025. About 10% of the total supply of BTT tokens will have been airdropped by the end of the program, with almost a billion BTT having been airdropped at initiation.Īt a block height of 6.6 million blocks on the Tron network, BitTorrent began it’s airdrop program, with 10 billion BTT tokens being added to the coin portfolios of active TRX wallets. BitTorrent is a pioneer of software systems for sharing through online P2P networks. The BTT tokens are made available through an airdrop running till 2025. Feel free to repost in the BTT sub, I don't think they're too friendly with me right now.From December 2019, and throughout 2020, holders of the Tron (TRX) digital asset can score themselves some free BitTorrent (BTT) tokens. Approximately 14 hours left until the snapshot, let's see if they act. All of the froze trx for bandwidth, energy, voting power.All of the sun.IO ecosystem (3 pool liquidity providers, stake lp providers).In case of exchanges, they will receive the airdrop too because all addresses will receive it but they decide if the airdrop is going to be distributed among their users.įor the upcoming Apenft airdrop, tokens staked in following contract will be eligible for the airdrop. I received two conflicting answers, but both of them indicate that the BTT tokens being held hostage in your clients will not be eligible for the highly anticipated APENFT airdrop.Īll addresses on TRON will receive the airdrop if they hold the tokens, no matter the wallet or exchange.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |