Tron’s BitTorrent [BTT] reveals its new incentives program to increase adoption

Tron’s Justin Sun announced his plan to bring 1 billion BitTorrent ecosystem users into the Tron and BTT world with increased partnership support. Sun also published three new incentive plans for BitTorrent and uTorrent users, partners, and ecosystems, on March 7.

BitTorrent announced the program stating,

“To keep growing the #BitTorrent community and make #blockchain accessible to most people we are unveiling three new incentive plans available to our users, partners, and the clients using our protocol!”

BitTorrent, a leading software company with the fastest torrent client in the world, wants its 1 billion users to adopt its newly launched BitTorrent Token [BTT] with the help of these three new incentive programs. The program will help in increasing the number of uses-cases of BTT and drive the development of the BTT ecosystem.

A Medium blog post by BitTorrent highlighted the three incentives programs, ie. BitTorrent User Incentives, Partner Incentives, and Ecosystem Incentives.

User Incentives

Under the user incentives, BitTorrent plans to educate its people about why it’s crucial to invite more investors and spur wider adoption. This is in light of only a handful of the company’s 100 million monthly users holding Tron [TRX] or BitTorrent [BTT] tokens.

Partner Incentives

BitTorrent is planning to join hands with wallets and exchanges supporting the BTT token for organizing regular airdrops. BTT received support from over 30 trading platforms, including Binance, Huobi, and Gate.io.

Ecosystem Incentives

The company plans on offering incentives to all clients using its protocol, while offering to be the largest open-source P2P download protocols in the world.

The new developments garnered a lot of support from the community, but the bear market converted many into skeptics. At press time, BTT was valued at $0.0007, while noting a 24-hour trading volume of $40.89 million. It reported a fall of 8.29% over the past week and fell by 0.02% over the past day.