1) What Is BitTorrent (BTT)?
BitTorrent (BTT) is a blockchain-based TRC-20 utility token powering some of the world's most popular decentralized protocols and applications. It tokenizes the largest decentralized file-sharing protocol, enabling key applications like:
- BitTorrent Speed: Accelerates download speeds while rewarding uploaders with BTT tokens.
- BitTorrent File System (BTFS): A decentralized storage solution leveraging millions of user nodes to enhance privacy and reduce censorship risks.
Current BTT Metrics (2025)
- Price: $0.000000487460
- 24h Trading Volume: $10,755,177.80
- Market Cap: $465,219,824
- Circulating Supply: 950 trillion BTT
- All-Time High: $0.000003431340 (Jan 2022)
- Community Sentiment: 84% bullish.
2) BTT’s Industry Domain
Sector: Decentralized file-sharing & data storage.
Key Innovations:
- Blockchain integration for transparent P2P networks.
- Direct monetization for content creators via BTT rewards.
Competitors: Filecoin, Stratos.
Trends: Shift from centralized cloud storage to blockchain-based solutions for enhanced security.
3) Tokenomics & Supply Distribution
| Aspect | Details |
|---|---|
| Total Supply | 990 trillion BTT |
| Public Sale | 6% |
| Private Sale | 2% |
| Tron Airdrop | 10.1% (6-year distribution) |
| Team & Ecosystem | 38.9% (unlocked through 2028) |
Mechanism: Pre-minted TRC-10 token with staged unlocks.
4) Team & Investors
Key Figures:
- Justin Sun (CEO, TRON Founder).
- Marcus Zhao (Ex-Alibaba Data Lead).
Funding:
- $43M raised historically.
- $7.1M via 2019 ICO.
Backers: Accel, DCM Ventures.
5) Development Milestones
| Year | Event |
|---|---|
| 2001 | Protocol launched by Bram Cohen. |
| 2004 | BitTorrent Inc. founded. |
| 2019 | BTT token launched post-TRON acquisition. |
| 2021 | BTTC blockchain introduced for cross-chain interoperability. |
6) Roadmap & Future Plans
2025 Focus:
- BTFS network stability upgrades.
- Expansion of BTT-integrated dApps.
Predictions: Potential partnerships with major streaming platforms.
7) Essential Links
FAQ Section
Q1: How does BTT incentivize file-sharing?
A1: Users earn BTT for seeding files, creating a reward-driven P2P ecosystem.
Q2: Is BTFS better than traditional cloud storage?
A2: Yes—decentralization reduces censorship risks and lowers costs.
Q3: What’s BTT’s max supply?
A3: 990 trillion tokens, with gradual unlocks until 2028.
Q4: Who are BTT’s major competitors?
A4: Filecoin and Stratos in decentralized storage.
Q5: Can BTT reach its 2022 ATH again?
A5: Market-dependent, but upgrades and adoption could drive long-term growth.
Q6: Where to stake BTT?
A6: Via BTFS nodes or supported exchanges like OKX.