BitTorent tokens (BTT) saw a huge demand as, in the recently conducted token sale, tokens worth around $7.2 million were sold out in under 15 minutes.
Offered on Binance Launchpad, the token launch platform of Binance, BTT token sale ran in two simultaneous sessions – one purchase using Binance Coin (BNB) and the other using Tron (TRX). According to the officially published report, a total of 59.4 billion BTT tokens were offered, of which 23.76 billion BTT was kept for BNB token holders, while the other 35.64 billion were offered against TRX.
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In both sessions, the tokens were sold within mere minutes of initiation of the token sale event – 13 minutes 25 seconds in case of the BNB offering and 14 minutes and 41 seconds against TRX.
Binance also revealed that 622 investors took part in the TRX session and 340 participants in the BNB session.
Both the founders of Tron and Binance are overwhelmed with the demand of the token.
It is official: In the BNB session, all 23.76 billion BTT were sold to token sale participants within 13 minutes and 25 seconds. Meanwhile, in the TRON session, all 35.64 billion BTT were sold within 14 minutes and 41 seconds. #BTT $BTT #BitTorrent #TRON https://t.co/C1dqxRkO2l
— Justin Sun (@justinsuntron) January 28, 2019