$BTTC I just finished reading the report that the institution gave to BTTC yesterday, and I will give a brief summary.
Bittorrent's annual income is now around 10-15 million. Compared with other exchanges in the TRON ecosystem, the income from DeFi lending is still very poor. In terms of web2, with the rise of new forces such as Douyin and YouTube, the users of several products under Bittorrent are also accelerating the loss of users. In terms of web3, several new products launched since the acquisition of TRON include BT wallet, BTFS file storage system, and BTTC chain (cross-chain).
BT wallet is currently growing in the number of wallets, with 440 million accounts at present, but it is basically useless. It is mainly used to divert traffic to TRON. It stands to reason that the price of BT with such a huge user base should not be so low. It is likely to be fake data.
BTFS file storage system, both a protocol and an application. This super application that integrates the TRON ecosystem and BTTC may be the most promising application of BTTC in the future. But from the current data, the data of BTFS is still far behind that of other storage projects.
BTC cross-chain, from the data point of view, the frequency of use is not high. It is worth mentioning that Tron wants to do BTC L2 and put the BTC cross-chain system in the core position, but from the current point of view, BTC L2 has not exploded. The transaction of BRC20 on the Tron browser is only a few hundred thousand dollars. So BTC L2 is just a concept for the time being.
Summary BTC seems to have great potential, but there is indeed no application that can make a profit at present. It is no wonder that Sun Ge is unwilling to invest resources to promote it. However, with the continuous growth of Tron users and the continuous landing of scenarios, storage and cross-chain, which are just needs, still have the opportunity to make a profit. The growth of BTC may take a long time. In the words of a blogger, don't look too long at the expectations in this ever-changing currency circle, so from today on, I will not increase my position in BTC. I will sell as much as the interest gives me. That's it.