$BTTC
BTT was distributed in a public sale in 2019, in a token sale led by Binance. The public sale formed 6% of the total token supply of 990 billion tokens. The remaining distribution is as follows:
Private sale tokens: 2% of the total token supply
Seed sale tokens: 9% of the total token supply
Tron Airdrop tokens: 10.1% of the total token supply, to be spread out over the next 6 years.
BitTorrent Protocol Airdrop tokens: 10% of the total token supply.
Team and the BitTorrent Foundation: 19% of the total supply.
TRON Foundation: 20% of the total supply.
BitTorrent Ecosystem: 19.9% of the total supply.
Partnership tokens: 4% of the total token supply.
Based on the vesting schedule, most of the token supply was released over multiple years, with the airdrops releasing until 2025 and the partnership tokens unlocking until 2028. This token release schedule reduced the selling pressure from large unlocks on the BTT token throughout the years since then. This would be beneficial for BTT’s use as a mode of payment in BitTorrent services as well as for collateral in DeFi applications where stable collateral could reduce liquidation risk. Moreover, in its use as legal tender, less volatile price action resulting from large sales would be beneficial to its users too.