BTT has one primary, but not the only, function: it is to be used for membership fees on Blocktrade.com Exchange. Exchange
Members will be able to pay the membership fees with EUR or BTT. The pricing, and consequently the amount
of BTT spent on the fees, is dynamic. Startups/projects that are issuing security tokens and would like
to list them at
Blocktrade.com can pay the listing fees with BTTs and ensure themselves a faster way to go through
A full membership comparison is available on the website.
BTT has been issued as a coupon providing access to otherwise inaccessible or more expensive
perquisites and features for token holders within the Blocktrade.com platform. In line with their
issuance as a one-time offer, the tokens will be made permanently inaccessible once spent for the
services provided by the Blocktrade.com platform. Blocktrade.com will be sending spent BTT to an
empty smart contract, where they will remain inaccessible forever. Batching and/or buffer period
between the time when the tokens are spent and when they are sent to the empty smart contract may
be impossed by
Blocktrade.com (to account for refund timelines and/or high transaction cost etc.).
The empty smart contract ("BTT Black Hole";
do not send ETH or tokens to this address):