The only reason I could see BTT pumping would be due to the platform being widely known(BitTorrent). As a token though? Ehh. I honestly still don't see the point of using such token on a platform that's actually working well without a token. Also, it's running on Tron.. sooo...
Just the speculation alone is enough to pump it through the roof. The token comes handy in cases where frustrated leechers are looking for peers to seed their stuck torrents, which is quite a nightmare for older torrents, but with a token as reward it will help stimulating peers to show up.
It can also stimulate content creators, artists, developers etc to list their content on BitTorrent for a fair price which might help decrease the large amount of piracy that's happening. Another thing is that you can rent bandwidth from people looking to earn a some money. The token is just an incentive to unlock new possibilities that wouldn't likely be unlocked without it.
There is more potential in BTT than 99% of all the ICO's and IEO's that we have seen.
meh. They could've done all those things without another special "token", using fiat etc...
It can also stimulate content creators, artists, developers etc to list their content on BitTorrent for a fair price which might help decrease the large amount of piracy that's happening.
I highly doubt that... When you think of bittorent, you don't think about artists listing their "Art" -- quite the opposite... Even a 100 mil IEO isn't going to change that image. That's not what bittorent got popular for, and focusing on this definitely doesn't seem like a good idea, considering the competitors in that market. (Which are regulated and have billions of $ in marketcap.. .)
If this BTT token is really the best one out there, the others must really be dogshit.