Tron (TRX) Falls, Even as BitTorrent & Binance Sell $7M In Crypto

At long last, the Tron (TRX)-supported BitTorrent token sale on Binance’s in-house initial coin offering (ICO) platform, Launchpad, has come to pass. Per previous reports from Ethereum World News, mere weeks ago, at the turn of the year, BitTorrent, a world-renowned peer-to-peer file sharing service owned by Justin Sun & his crew, revealed that it would be semi-tokenizing its platform in collaboration with Tron.

BTT, as the token has been denoted, was unveiled as a way for the crypto industry to “achieve mass adoption of a truly decentralized internet.” In the project’s whitepaper, BTT’s utility was described as a way to create a token-based economy surrounding networking, bandwidth, and computational storage for millions, if not billions of computers across the globe.

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