CEO and founder of Tron, Justin Sun announced yet another exciting project for Tronics and BitTorrent community. On 8th July 2019, Justin tweeted regarding the launch of BitTorrent Speed. He also explained how users can access the product’s first version.
Basically, BitTorrent Speed enables the conventional content sharing with the digital currency token of BTT (BitTorrent). The platform also provides free, faster downloads and swift file sharing functionalities in return it rewards the users with BTT tokens. That means users can earn crypto coins simply by sharing the content files over the internet. Additionally, an integrated wallet has been launched to enable users to manage their token earnings.
The main objective of this project is to make sure that the content sharing activity becomes completely decentralized. Moreover, it aims to remove the need to split profits with middlemen, such as Facebook and YouTube, who stand between the content creators and users.
Justin also cliamed that they want to strengthen the protocol of BitTorrent further with this latest product launch and deliver additional features that stimulate innovation across industry verticals.
Apart from the launch, Justin Sun has also announced an airdrop of 5,000 Bitcoin and 10,000 Ethereum to celebrate the fruitful year of TRON.
At present, TRON (TRX) is trading at around $0.034779, and ranked 10th largest coin by market cap with a market cap $2,319,165,640. On the other hand, Bittorrent (BTT) token is holding 36th position and currently trading at $0.001311 with market cap $278,064,611.