BitTorrent Announces It’s First BTT Airdrops for TRON TRX Holders

[fitload]

BitTorrent, the peer-to-peer file sharing platform acquired by the TRON distributed ledger technology (DLT) project has announced its first airdrop of BitTorrent $BTT to the TRON $TRX holders.”

The airdrop is scheduled to Start on February 11th, 2019 and ongoing until 2025. BitTorrent will be distributing BTT tokens to holders of Tron’s TRX. The first airdrop would be taking place when the block height of TRON reaches 6.6 million.

A total of 10,890,000,000 BitTorrent (BTT) would be given out to TRX holder on this day, a value which conforms to 1.1% of total circulating supply.

Within a space of 12 months after the initial airdrop, 1.2% of total supply, 11,880,000,000 BTT, would again be dished out to holders, and in 2020, a total of 12,870,000,000 BTT airdrop would be allocated.

In the official post, BitTorrent explains that airdrops will be following a 1:1 ratio rule. So, if someone is holding 1 TRX, the user will be eligible to receive 1 BTT. “All official wallets relaying on TRON’s network and carrying TRX will be eligible for BTT airdrops corresponding to the amount they are holding. No minimum of TRX is required to qualify for...

Read More: https://bitzamp.com/bittorrent-announces-its-first-btt-airdrops-for-tron-trx-holders/

[Joankii]

That is a very extraordinary thing, with such a ratio surely everyone enthusiastically holds a lot of TRON while it benefits the big holders

[masudginanjar]

I have lost momentum for this and I just read it for the first time and for sure I have missed the train.
I hesitate to buy it now because TRON is already at the highest price.

[kent47400]

If I am wrong, then it might be natural to see the news from Bittorent.

I see the Bittorent distributed around 1 TRON: 0.11 BittorenT.
Say look at this Notice a few days ago on the Telegram channel, ahhh I don't believe it!

Then I saw again the Notice from Binance and the results like the one here: https://support.binance.com/hc/en-us/articles/360022340552-Updates-to-BitTorrent-BTT-Token-Sale-Events- on-Binance-Launchpad

[Hadley]

And this new also causes a fomo in TRX and boost the price of its into many ATH after the previous dump now, I wouldn’t invest in TRX at the moment because it’s too risky