99Bitcoins Launches Learn-To-Earn Presale and Raises $150K On First Day
99Bitcoins, established in 2013, has recently begun its token presale in an effort to harness the current upward trend in Bitcoin’s value. The 99BTC team, seizing this opportunity, offers its learn-to-earn platform, a longstanding resource in cryptocurrency education.
What is 99Bitcoins?
99Bitcoins has been breaking down technical concepts and onboarding newcomers to the crypto world for over ten years as the team can show by the numbers on its social media accounts: over 700,000 YouTube followers, 16,000 Twitter followers and 2 million registered users have confirmed its +80 hours of resources are a great entry point for those looking to learn more about crypto.
The $99BTC token is its latest venture. The team promotes its commitment to education by introducing the “gamification of learning” into the platform, providing $99BTC rewards for those who complete its courses, such as exclusive access to premium content, discounts on partner products and services, VIP communities, trading signals, and token holder events.
The 99Bitcoins team aims to attract all the potential new users who are expected to enter the crypto space and explore Bitcoin in light of the upcoming halving; the event, which will occur this month, is expected to increase the number of first-time crypto enthusiasts as confirmed by multiple researches and major sources like CoinTelegraph and CoinDesk.
Pioneering BRC-20: Pushing Learn-to-Earn In New Directions
99Bitcoins is also trying to set itself as a pioneer of the BRC-20 movement: a new token standard that allows developers to deploy smart contracts on the Bitcoin blockchain. Security and transparency are also key to this project, a Solidproof audit confirms that 99Bitcoins contract does have no potential issues or warnings.
It’s worth noting $99BTC is originally deployed as an ERC-20 token and that it will be bridged to BRC-20 only in Q4 2024, transferring the security of the project to the Bitcoin network.
When it comes to the tokenomics (renamed to Token Metrics by its team), 99Bitcoins is distributing its 99 billion $99BTC total supply with the goal of helping it remain competitive and provide lasting sustainability:
- 15% is allocated to the presale, which is currently selling $99BTC for $0.001
- 14% for staking rewards, providing $99BTC stakers with rewards for two years
- 23% is allocated to project funds
- 17% for community rewards
- 8% to provide liquidity to exchanges
- 23% for marketing
This tokenomics structure is then paired with an ambitious roadmap which would target the beta release of the platform to last quarter this year, followed by the full release next year.
About 99Bitcoins
99Bitcoins is a vital educational resource for Bitcoin. It focuses on providing information about cryptocurrency to onboard new users to the industry. The website was established in 2013 and has since expanded its knowledge base to popular blockchains and cryptocurrencies such as Litecoin, Ethereum, Cardano, and Solana.
The platform now brings a gamification element to its product, allowing students to receive $99BTC rewards in a L2E economy. The $99BTC token is also pioneering the BRC-20 movement, a new token standard that enables smart contracts to be deployed on the Bitcoin network.
Disclaimer: The subject matter and the content of this article are solely the views of the author. FinanceFeeds does not bear any legal responsibility for the content of this article and they do not reflect the viewpoint of FinanceFeeds or its editorial staff. The information does not constitute investment or financial advice or an offer to invest.
