Yesterday Justin Sun, CEO of Tron and BitTorrent, published a tweet in which he revealed the arrival of several major news.
— Justin Sun (@justinsuntron) May 26, 2019
As can be read from the tweet, the news which will be announced after June 1st concerns both Tron and BitTorrent.
The CEO probably chose to specify that the announcement will take place after that date precisely because the first of June there will be a major EOS and Block.one event and hence it would not have been a good marketing strategy to overlap the two events.
Following this tweet, announcing great news for BitTorrent and Tron, there has been a significant increase in the value of the BTT token, about 20%.
As can be seen from the chart, this news has affected the price, showing that users and the market are very responsive to the CEO’s announcements, even if in this case not much has been revealed.
Currently, the BTT token is still registering a 15% increase according to CoinMarketCap data.
Recently, in late March 2019, Tron also announced BitTorrent Live, a Snapchat-style live streaming platform with crypto payments.
The app will allow users to create live video content and connect to other people who share common interests. The great novelty of this solution lies in the possibility for content creators to be charged in BTT tokens, however, it is not yet clear how the remuneration system for content creators will work.
The beta version of the app should be available for download by June 2019, whereas for now, it is only possible to subscribe to the newsletter to be notified of the launch.