1. What is BFT
Bitrue Finance Token (BFT) is a new token issued by Bitrue & used within our Bitrue Financial Services suite of products. Initially it will be used as a payment and reward token, with further utilities unlocked as additional features are completed.
The Blockchain Explorer is available [here].
2. How to obtain BFT ?
Bitrue will start the pre-sale in August 2020. Only Bitrue will distribute BFT during this time, please do not trust other non-official channels
3. BFT Use Cases
1) Can be received as interest on coins invested in Power Piggy (Optional)
2) Can be used to pay interest owed on loans (Optional)
3) Can be used to vote to decide on new coins added to the Bitrue Financial Services suite
4) Can be used as a balancing mechanism for the supply and demand of coins within the decentralized lending system
4. Is the sale of BFT restricted?
Yes, users in the following countries cannot participate: China, Singapore, Cuba, Iran, Democratic People's Republic of Korea, Crimea, Sudan, Malaysia, Syria, United States [including all US territories such as Puerto Rico, American Samoa, Guam, Northern Mariana Islands, US Virgin Islands (St. Croix, St. John and St. Thomas)], Bangladesh, Bolivia, Ecuador and Kyrgyzstan
5. Token Allocation
Bitrue Is Issuing 1 Billion $BFT
Holders% of Total SupplyAmountLockup
Team35%350 MIL2 Years
Token Sale15%150 MILNo lockup
Liquidity Fund35%350 MILNo lockup
Marketing15%150 MILNo lockup