Justin Sun Reveals BitTorrent Token (BTT) Official Launch Date
In a series of tweets published on the first day of the long-anticipated niTROn summit in San Francisco, BitTorrent was one of the key presentations, setting up a reminder that BitTorrent counts over 100 million users.
Additionally, as described on the official BitTorrent website, the data sharing platform records 22% of the total upstream traffic, while BitTorrent is used in 138 countries around the globe.
Justin Sun, the founder of TRON network, took a chance to announce the launch date of the official BitTorrent Token, that should be exclusively available for presale on the newly launched Binance Launchpad.
At the same time, Sun and TRON foundation announced new application that will support BitTorrent ecosystem.
BitTorrent Token (BTT) to be Officially Launched by the End of January
In one of the most recent announcements on Twitter, Justin Sun stated that BitTorrent should be launched already by the end of January.
Sun shared the official time and date of the beginning of BTT token sale, which should take place on January 28th, at 7 am PST, also sharing the official page of BTT token sale on Binance Launchpad.
Price of the token is yet to be determined as well as the session supply, while participants are already welcome to register.
There is a count down widget that enables users to follow up with the exact start of the sale during which the price of BitTorrent will be determined in accordance with the demand.
Furthermore, Binance Launchpad listed all countries that won’t be able to participate in the initial sale, among which are the United States, Mainland China, North Korea, Cuba, Venezuela, and around 30 more countries.
In addition to announcing the start of the initial BTT token sale that should be up in less than two weeks on Binance Launchpad, Sun also shared that if everything goes according to the general plan with BitTorrent Tokens, TRON should launch the live streaming feature in 2019.
During the first day of niTROn summit, TRON foundation also presented BitTorrent Speed, the new application that should support BitTorrent ecosystem.
BitTorrent Speed Arriving in 2019 Q2
In one of the recent tweets published by Sun on January 17th during the first day of niTROn, the CEO of TRON foundation also shared the news on introducing a new “game-changing” blockchain application that should strengthen the BitTorrent protocol.
As stated in the initial announcement, the application should bring more features that are said to bring innovation across numerous industries, adding that application should be out already in the second quarter of 2019.
Additionally, Sun emphasized that TRON foundation started out with 18 people on the team, but have come a long way ever since, predicting that 2019 would be the year of accelerated progress for TRON especially with Project Atlas slowly unveiling with the upcoming BTT token sale.
BTT tokens should represent a native token of the BitTorrent network and will most possibly be listed of ABCC exchange once the token joins the market as ABCC already signed an agreement with TRON foundation, that way becoming the first exchange to add TRC-10 and TRC-20 tokens, while BTT represents TRC-10 type of token.[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section]