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BTU Protocol (BTU)

**UPDATE - Flash sale over to around 5.5M USD in tokens, no announcement on release or listing dates. ** BTU Protocol is an open decentralized ERC-808 smart contract-based booking protocol which facilitates the reservation process between resource providers, bookers, and booking platforms.

Closed

ICO Details

Sale TypePast ICO listing
Target Raise$ 25,000,000
Hard Cap$ 25,000,000
Token SymbolBTU
Token TypeERC20 token
KYCYes
WhitelistYes
Distribution-The BTU tokens dedicated to purchasers will represent a maximum of 50% of the total BTU outstanding.; -20% belongs to 808 Labs with a 2-year lock-up (company reserve).; -20% belongs to 808 Labs to compensate the founders with a lock-up of one year.; -10% of the total BTU number will be used as bounties over time.

Features

The Booking Token Unit (BTU) protocol is a standardized building block for any decentralized application (dApp) or web site willing to implement booking features for their end-users. The BTU protocol also brings interoperability among decentralized applications that incorporate it. All platforms implementing the BTU protocol would benefit from a hybrid approach combining an on-chain smart contract and off-chain software components, providing more scalability. A transparent and public inventory enabled by an open-source protocol would considerably lower the entry barriers to many internet booking markets.

Frequently Asked Questions

What is BTU Protocol?

The Booking Token Unit (BTU) protocol is a standardized building block for any decentralized application (dApp) or web site willing to implement booking features for their end-users. The BTU protocol also brings interoperability among decentralized applications that incorporate it. All platforms implementing the BTU protocol would benefit from a hybrid approach combining an on-chain smart contract and off-chain software components, providing more scalability. A transparent and public inventory enabled by an open-source protocol would considerably lower the entry barriers to many internet booking markets.

Is the BTU Protocol ICO currently live?

No, the BTU Protocol ICO is closed.

What is the BTU Protocol token symbol?

The BTU Protocol token uses the symbol BTU.

Does BTU Protocol require KYC to participate?

BTU Protocol's KYC requirement is: Yes.

Where can I find official information about BTU Protocol?

The official website for BTU Protocol is https://btu-protocol.com/, and the whitepaper is available at https://drive.google.com/file/d/1A7u0IGVHmHQiLpDNS8nVnNqLxMe8JFF4/view.

Data sources

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  • News from CoinDesk, Cointelegraph & Decrypt
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