Home / Crypto News / BitTorrent / $ BTT raised 7.0 billion yen for ICO in 18 minutes

BitTorrent / $ BTT raised 7.0 billion yen for ICO in 18 minutes

BitTorrent , which had been talking about for a long time , completed the ICO of its own token BTT and raised 7 million dollars (about 770 million yen) in 18 minutes

BitTorrent’s token sale took place on Binance’s new financing platform, Binance Launchpad. Investors were able to purchase BTT using Binance Coin (BNB) or Tron (TRX).

The BTT token is a standard called TRC – 10 token, and it was developed for ecosystem by partnership between BitTorrent and Tron.

Both sessions concluded. Took about 18 minutes, due to a system issue, would have taken 18 minutes otherwise. Demand was astronomical.

– CZ Binance (@ cz_Binance) January 28, 2019

Demand for BTT tokens seems to be far beyond the forecast of the management team, and Changpeng Zhao (CZ) who is CEO of Binance expresses that popularity is because it expresses “Demand was astronomical” I will.

As for the breakdown of 76.5 billion yen procured, it is equivalent to 0.6 billion TRX, 160 million TRX, equivalent to 300 million yen, 433,000 BNB.

It’s coming.

– CZ Binance (@ cz_Binance) January 28, 2019

We are raising $ 20 million (about 2.19 billion yen) in Private Sale, and it is reported that another round of funding is also available in the near future.

In this ICO, Mr. CZ tweeted that it took 18 minutes to sold out, as there was an error in Binance’s Launchpad system. He said that if there was no problem with the system it would have been sold out in 18 seconds.

What is BitTorrent’s TRON base currency “BitTorrent token / $ BTT”? Explain the mechanism in an easy-to-understand way! – CRYPTO TIMES

Article Source: Twitter, TrustNodes


It is said that the winter in the cryptocurrency, but we still gather in places where we gather,

Author: kaz 【Coin Desk News】 – Source Post: https://crypto-times.jp/btt-has-raised-7-million-in-18-minutes/

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