Airdrop Bittorent: Tron’s long-term strategy to attract investors

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A total of 990 billion BTTs were created on the Tron blockchain,% 10.1 of which are intended for distribution among TRX holders on a monthly basis with a gradual increase in rewards.

Airdrop Bittorent (BTT), which starts today is not a one-time event, such events will be held for six years – until 2025.

A total of 990 billion BTTs were created on the Tron blockchain,% 10.1 of which are intended for distribution among TRX holders on a monthly basis with a gradual increase in rewards.

During the initial 12 Airdropovs, the first of which starts today, 990 million Bittorent tokens will be distributed – Tron holders will receive 0.11 BTT for each TRX in their Tron Wallet and Trust Wallet wallets, as well as on the Binance, OKEx and Huobi exchanges.

At the time of this writing, Tron is on the eighth line of the CoinMarketCap cryptocurrency with the total market value of $ 1.75 billion. This figure is significantly lower than at the time of Tron’s transition from Ethereum to its own blockchain (then TRX capitalization was about $ 3 billion).

Recall that in June 2018, Tron acquired Bittorent, a popular file-sharing service in the world, and then announced the development of its own BTT and ICO token, during which the assets were sold as “hot cakes” – at the time ICO was at the peak of popularity and Issuers did not face any problems with financing, as is happening now.

Note that, against the backdrop of a massive Airdrop, many holders of tokens TRC-10 are switching to Tron to get BTT, as a result of which there is a positive trend in the TRX rate, while the prices of the remaining TRC-10 assets are falling. However, analysts are confident that after receiving Bittorent, many users will return to the initial investment and restore stability (if today we can call the current situation) in the market.

However, the Tron and BTT developers plan are very tricky, the monthly distribution of rewards will keep existing and new investors in Tron for a long time, and the annual increase in Airdrop, which will eventually reach 1,402,500,000 BTT in February 2025, will be the catalyst for the arrival of new contributors.

In this whole story, Binance & Co. seems to be the clear winner, where there will undoubtedly be a surge of volatility in trading with TRX to the date of the next monthly Airdrop.

 

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