The BitTorrent (BTT) token sale ended in a few minutes due to the high demand and anticipation by investors across the globe. In the process, a lot of willing investors were unable to purchase the tokens. Justin Sun then suggested that the Tron Foundation, in collaboration with BitTorrent and Binance, would initiate a small airdrop for those whose orders were not filled. Justin tweeted the following after the token sale.
I would like to explore the possibility with
@binance to giveaway free $BTT to everyone on launchpad fails to get #BTT today. #BitTorrent community wants you! Not 100% guarantee. Need to figure out detail. BUT RT if you agree! @cz_binance #TRON $BNB $TRX
According to the CEO of Binance, Changpeng Zhao, all order requests on the Binance Launchpad for the purchase of the BTT token were preserved. This then implies that the team has records of all who attempted to participate in the token sale but were unable to do so due to the overload the site experienced as a result of the aforementioned high demand. CZ also explained that the token sale would not be redone since the orders were recorded. The tweet explaining this can be found below.
Order of requests was preserved. It should have finished in a few seconds (far less than 18s actually), the server glitch just delayed the results. So, no need to redo. We should have set the upper limit lower so that more can get some. Mislead by all the “bear” cries… https://t.co/RSnQnZNLdx
– CZ Binance (@cz_binance) January 28, 2019
Justin Sun Confirms the BTT Giveaway
It is with the above background that Justin Sun has announced via twitter that they have completed exploring the possibility of a giveaway for all whose orders were not process during the token sale. He also added that he will be announcing when the giveaway will take part. His tweet was as follows:
We have done all the job. Will announce the giveaway soon.
#TRON #TRX #BitTorrent #BTT $TRX $BTT
We have done all the job. Will announce the giveaway soon. #TRON #TRX #BitTorrent #BTT $TRX $BTT https://t.co/eT3YJ0Q4RJ
– Justin Sun (@justinsuntron) January 30, 2019
What are your thoughts on Justin Sun living up to his promise of a giveaway to those whose orders were not processed during the token sale? Is it a big enough gesture for those who felt locked out of the token sale? Please let us know in the comment section below.
Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.