$BTTC
Large user community: BitTorrent has over 170 million active users, providing a vast user base for BTTC.
• Strong DeFi support: BTTC has integrated with projects such as SushiSwap, Pyth Network, and KyberSwap, expanding DeFi capabilities.
• Strong bridging feature: BTTC Bridge supports asset transfers between major blockchains, increasing flexibility for users.
⸻
⚠️ Challenges
• Large supply: With a total supply of around 990 billion BTT, the value of each token is low, making it difficult to increase market value.
• Decreased popularity of P2P file sharing: Changes in user habits, shifting to cloud storage and streaming services, are reducing the demand for using BitTorrent.
• Competition from other projects: BTTC faces competition from other projects in the decentralized storage and decentralized application spaces.
⸻
🔮 Future prospects
• Expanding cross-chain interaction: BTTC plans to expand support for more blockchains, enhancing interoperability and attracting new users.
• Development of DeFi and DApps: Integration with DeFi and DApps projects will help BTTC enhance its usability and attract user participation.
• Innovation in token economic model: Reducing the BTT supply through programs like swaps could help increase the token's value.
⸻
📌 Conclusion
BTTC is a promising blockchain project with strong cross-chain interoperability and a large user community. However, the project also faces challenges related to the large token supply and changing user habits.