BitTorrent completed its first BTT token burn on October 16, destroying 21,621,611,570,729.6 tokens valued at approximately $7.6 million. This operation marks the launch of a long-term buyback-and-burn program funded entirely by decentralized service revenues, with repurchases executed quarterly. Simultaneously, BitTorrent released a new whitepaper restructuring its architecture around three core pillars: BitTorrent Mainnet for peer-to-peer content distribution, BTTInferGrid as the decentralized compute layer for AI, and BTTC for cross-chain interoperability and Layer 2 scaling. The BTT token posted a gain of approximately 30.3% over the trailing three months as of October 15, reflecting investor confidence in this revenue-backed deflationary model. This dual initiative positions BitTorrent as an open infrastructure network for Web3 and AI within the TRON ecosystem.
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