Back to the list

Tron’s [TRX] BitTorrent completes BTT airdrop as date for next round is revealed

ambcrypto.com 11 March 2019 23:30, UTC
Reading time: ~2 m

Tron [TRX] and its assets made waves in the world of cryptocurrencies with several updates and developments aimed at targeting the lack of interoperability in the ecosystem being announced on a routine basis. Tron’s newly acquired BitTorrent had previously announced that they were ready for the second airdrop with users set to receive 990,000,000 BTT.

Tron Foundation and BitTorrent have now revealed that the BTT airdrop was complete. Justin Sun, the Chief Executive Officer [CEO] and founder of Tron Foundation, tweeted,

“$BTT airdrop completed! It’s now processing through the exchanges & wallets, please be patient and thank you all for supporting it! Next one will be on April 11.”

Sun stated that the block height for the snapshot was 7,384,207, with all of the 990,000,000 being transferred in the airdrop. The BitTorrent airdrop was supported by several popular exchanges like Binance, Huobi, and OKEx. Previously, Sun had commented on the airdrop demo after there were rumors about the performance of the airdrop. He tweeted,

“Saw demo today. #BTT is running extremely smooth and fast which is powered by #TRON. Every Tx is instant and safe with decentralization guaranteed. I can’t imagine how much we will shake the industry once we deliver these to the entire 100 million active users.”

BitTorrent has been working to increase its adoption following its latest incentives program. The Tron-acquired company announced that its new incentive plans will be for BitTorrent and uTorrent users, partners and ecosystems. The original announcement read,

“To keep growing the #BitTorrent community and make #blockchain accessible to most people we are unveiling three new incentive plans available to our users, partners, and the clients using our protocol!”

Tron is having good week after it was reported that Tron’s market volume was more than the combined value of both Ethereum and EOS across two days. This was showcased by a report from DApp Review, which stated that Tron’s volume value of $43.616 million was far more than the $11.617 million and $4.408 million clocked by EOS and Ethereum respectively.

Back to the list