Justin Sun, the marketing genius and founder of highly successful blockchain projects Tron (TRX) and BitTorrent Token (BTT), has unveiled 3 new incentive plans that will benefit both the Tron and BitTorrent ecosystem and community in a big way.
Sun’s first blockchain company, Tron, acquired BitTorrent in June 2018 and has already launched a blockchain-based product named BitTorrent (BTT) on one of the world’s largest protocols, BitTorrent. BitTorrent is the world’s largest peer-to-peer communication protocol for the sharing of data and electronic files over the internet.
According to the BitTorrent Medium post, BTT has already gained the support of nearly 3 dozen digital asset trading platforms and wallets, and is en route to becoming one of the world’s most popular cryptocurrencies.
To accelerate the growth and development of BTT and its ecosystem, BitTorrent is launching 3 new incentive plans to enhance the entire BitTorrent ecosystem including BitTorrent and µTorrent users, Partners, and more.
As put by Sun:
“With our three new incentive programs, we aim to bring a new audience into the blockchain community and make this powerful technology accessible within products that people are using every day. What we are building will benefit a 1 billion computer installed base, businesses, and active TRON and BTT users.”
BitTorrent clients have been downloaded and used on over 1 billion computers since its inception in 2004, and currently serves over 100 million monthly active users around the globe.
Details regarding the user incentives will be released in a few more weeks. However, what is known is that BitTorrent plans to educate their users on blockchain technology and why it’s important to invite more investors to spur adoption.
Since BitTorrent’s launch on January 28, 2019, BTT has been listed on over 30 exchanges and has garnered support from a number of leading wallets. Now, in an effort to make BTT and BitTorrent technology available to as many people as possible, the company is offering a partnership plan to all wallets and exchanges supporting BTT.
The plan will allow BitTorrent’s partners’ users to receive BTT airdrops to ensure they can reach as many potential users as possible. BitTorrent aims to gather feedback to enhance its protocol and give users what they want.
The BitTorrent protocol is one of the earliest and largest open-source P2P download protocols in the world, with 1 billion devices having BitTorrent-based clients downloaded through BitTorrent and µTorrent.
The BitTorrent company wants to offer an incentive program to all clients using the technology so that they can partake in BTT and help the ecosystem grow.
While all the details of BitTorrent’s 3 incentive plans have not yet been fully divulged, we can expect to be updated in the coming weeks and see the Tron (TRX) and BitTorrent (BTT) communities evolve.
Fortunately, Justin Sun is a genius at marketing and is sure to carry out these incentive plans in a very successful manner.
The price of Tron (TRX) has remained fairly stable around $0.24 over the past couple of weeks while BitTorrent (BTT) has experienced a downtrend, and is now consolidating around $0.0007.
Do you think BitTorrent’s incentives plans will generate more interest in BTT and TRX? Let us know what you think in the comment section below.
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