TRON’s BitTorrent Announces Incentive Plans to Increase BTT Adoption in Its “1 Billion Computer Installed Base”.

BitTorrent, one of the most widely used peer-to-peer sharing platforms in the world, has launched three new programs designed to incentivize the use of BTT coins, the company said on March 6. TRON, the company that acquired BitTorrent, plans to leverage the platform’s “1 billion computer installed base” to promote the coin’s rollout.

BitTorrent is launching three incentive plans

BitTorrent, one of the largest and most popular peer-to-peer sharing platforms in the world, has announced the launch of three new incentive plans. The new plans continue their streak of success in 2019 and will leverage the platform’s user base to increase adoption of the BitTorrent blockchain product.

Source: BitTorrent

BitTorrent has big plans to advance the development of BTT-based projects, according to an official announcement by the company released on March 6th. Although BTT is just under three months old, it has received the support of many platforms and wallets for trading digital assets. The introduction of BTT was one of the many changes TRON has made since acquiring the company in June 2018.

The company has now launched three new incentive programs aimed at BitTorrent and µTorrent users, partners and ecosystems. Justin Sun, the founder of TRON and the current CEO of BitTorrent, said the company’s goal is to make its technology accessible through products that people use every day. He said:

“What we build will benefit 1 billion installed computers, businesses, and active TRON and BTT users.”

What this means for TRON and BitTorrent

Both TRON and BitTorrent have welcomed the launch of the new programs as they would help the two companies grow more. TRON, which is already one of the fastest growing blockchain companies in the world, believes there is a “major overlap” between the two projects.

The combination of BitTorrent’s 100 million monthly active users and TRON’s distributed sharing technology could make BTT an incredibly popular coin, according to the press release. Because of this, the company plans to accelerate educational efforts in the BitTorrent community to help users better understand the TRON ecosystem.

To bring more users closer to BTT, BitTorrent is incentivizing exchanges and wallets willing to endorse BTT. The coin is already listed on 30 major cryptocurrency exchanges worldwide, including Binance, Bitfinex, OKEx, Huobi, Bithumb, Bittrex and others.

While all the news about the mutual collaboration between TRON and BitTorrent is welcomed by TRON enthusiasts, the company’s announcement left many questions unanswered. Despite a long post on Medium, BitTorrent was vague about what those incentives would actually mean. Allegedly more details will be announced in the next few weeks.

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