Review on BitTorrent by Sauhan Silva
BitTorrent - BTT
The BitTorrent cryptocurrency (BTT) is a TRC-10 token, issued by BitTorrent Inc. and the Tron Foundation since 2019, with its headquarters in Singapore. This token is part of the Bitorrent network that was purchased by Tron foundantion, its token is decentralized and considered the most extensive in the world. The BitTorrent client allows point-to-point distribution of large files to multiple clients. With the implementation of the token, the team that created the token has in mind the tokenization of the entire BitTorrent network of users. It had a very successful ICO where over 7 million dollars were sold in just 7 minutes through Binance Dex. BitTorrent really had everything to become one of the most successful tokens, but the lack of incentive to use by its users made the impetus of the project somewhat overshadowed. Today the token faces a difficulty of having its value valued even though it is listed on many exchanges and having been among the 50 largest cryptocurrencies, today its token BTT is in 85th in the ranking of cryptocurrencies in CMC but still with a positive ROI in compared to its initial price, proving that even facing some resistance, it still has potential.
Pros
- decentralized project with a large community.
- is already listed on several exchanges
Cons
- it has had a very high drop since its success in its ICO, which proves that even with a large community, many still distrust the project.
