1. Project introduction

BitTorrent is a peer-to-peer (P2P) file sharing platform which has become increasingly decentralized in recent years.Since its acquisition, BitTorrent has added various new tools, with a dedicated native cryptocurrency token, BTT, released in February 2019. BTT was launched on TRON’s own blockchain, using its TRC-10 standard.Under TRON, BitTorrent has expanded its user appeal to those interested in decentralized solutions and cryptocurrency, as well as to its own user base.Among the added features are BitTorrent Speed, which uses the BTT token as part of its operations.

2. Team introduction

Founder: Bram Cohen

Linkedin: https://www.linkedin.com/in/cohenbram

Justin Sun

Linkedin: https://ch.linkedin.com/in/justinsuntron

(In 2018, TRON completed its acquisition of BitTorrent, bringing BitTorrent under the control of Justin Sun.)

3. Investment institution

Accel, DAG Ventures, DCM Ventures, James Hong, NueValue

4. Application and distribution

Total supply: 990,000,000,000

Token application:

(1) Improve the liquidity of the BTFS ecosystem.

(2) As the main incentive measure of the BTFS network, it will better encourage users to share idle hard disk storage space and make the exchange of storage value in the network ecology more active.

Token distribution:

Public sale tokens: 6%

Private sale tokens: 2%

Seed sale tokens: 9%

Tron Airdrop tokens: 10.1%

BitTorrent Protocol Airdrop tokens :10%

BitTorrent Foundation: 19%

BitTorrent Ecosystem: 19.9%

Partnership tokens: 4%