BTT is the native TRC-20 token of the BitTorrent ecosystem, built on the TRON blockchain after Justin Sun acquired BitTorrent Inc. in 2018 for approximately $140 million. BTT is designed to incentivize peer-to-peer file sharing through token rewards, extending BitTorrent’s protocol — which handles a significant share of global internet traffic — with blockchain-based economics.
| Stat | Value |
|---|---|
| Ticker | BTT |
| Price | $0.00 |
| Market Cap | $326.61M |
| 24h Change | +0.8% |
| Circulating Supply | 987037.89B BTT |
| Max Supply | 990000.00B BTT |
| All-Time High | $0.00 |
| Contract (Tron) | TAFjUL...nVp4 |
| Contract (Bittorrent) | 0x0000...1010 |
| Contract (Ethereum) | 0xc669...7957 |
| Contract (Binance Smart Chain) | 0x352c...434b |
| Contract (Energi) | 0xf1bd...9ba7 |
How It Works
BTT introduces a token economy to peer-to-peer file sharing:
- BitTorrent Speed: Users can pay BTT to request faster download speeds from other seeders.
- Seeders earn BTT: Users who share bandwidth and keep files seeded earn BTT rewards.
- BitTorrent File System (BTFS): Decentralized storage layer where users store and retrieve files using BTT.
- DLive integration: BitTorrent acquired streaming platform DLive; BTT used for tipping creators.
Tokenomics
| Metric | Detail |
|---|---|
| Max Supply | 990 trillion (9.9 × 10^14) |
| Chain | TRON (TRC-20) |
| Initial Launchpad | Binance Launchpad (Jan 2019) — raised $7.2M in 15 minutes |
| Old Token | BTT (OLD) → redenominated 1:1000 in 2021 |
BTT underwent a token redenomination in January 2022, multiplying supply by 1,000. The original “BTT” became “BTT (OLD)” and new BTT has 990 trillion max supply.
The TRON Acquisition Context
Justin Sun acquired BitTorrent in 2018, surprising many who saw it as an attempt to legitimize TRON by associating it with a well-known decentralized technology. TRON’s blockchain now hosts BTT, and BitTorrent’s applications — uTorrent, BitTorrent Web — have gradual BTT integration.
History
- 2001 — BitTorrent protocol created by Bram Cohen; uTorrent client launched 2005.
- 2018 — Justin Sun/TRON acquires BitTorrent Inc.
- January 2019 — BTT IEO on Binance Launchpad; sells out in 15 minutes, raising $7.2M.
- 2021 — BTFS (BitTorrent File System) mainnet launches; DLive acquired.
- 2022 — Token redenomination 1:1000; new BTT max supply set to 990 trillion.
Common Misconceptions
“BTT decentralizes file sharing.” BitTorrent was already decentralized before BTT — the protocol requires no central server. BTT adds economic incentives, but the protocol’s core decentralization existed for 18+ years before the token.
“BTT fixes BitTorrent’s seeding problem.” Early adopters hoped BTT would incentivize more seeding. Adoption has been limited; most BitTorrent users don’t engage with the token layer.
Criticisms
- The acquisition by Justin Sun raised concerns about TRON’s centralized control over a decentralized protocol.
- BTT’s quadrillion-token supply creates extreme inflation dynamics.
- Real-world adoption of BTT in actual BitTorrent client usage remains low.
- Critics question whether tokenizing an existing protocol that already works adds genuine value.
Social Media Sentiment
BTT generated significant excitement at its 2019 Binance Launchpad IEO — it sold out in 15 minutes, signaling strong retail demand. On r/CryptoCurrency, the Justin Sun connection is viewed negatively by many; Sun is frequently criticized for hype-heavy promotion without substance. BTT’s massive supply and Justin Sun’s aggressive marketing style put it in a category many label as “low quality” by experienced users. The 1:1000 redenomination confused many holders.
Last updated: 2026-04
Related Terms
Sources
- CoinGecko — BitTorrent (BTT) — token supply and market data.
- BitTorrent Official Site — product overview.
- Binance Launchpad — BTT IEO — IEO details.