The post 99Bitcoins Launches $99BTC Token Presale and Raises $100K on Day 1 – Next BNB? appeared first on Coinpedia Fintech News
99Bitcoins, one of the most prestigious crypto media outlets, has changed ownership and ushered in a new paradigm of media innovation through its native Learn-to-Earn cryptocurrency.
It is currently undergoing a presale, enabling investors to buy it from the ground up before it launches on exchanges.
After launching in 2013, 99Bitcoins now spearheads the next generation of crypto media, being the first to launch a native token.
This follows in the footsteps of crypto exchanges, which have recently seen unwavering success through their respective native tokens.
From Legacy to Extraodainaire: The Evolution to $99BTC
It’s often said that the more established a brand is, the more difficult it becomes to pivot and remain on the cusp of innovation. But that’s not the case here.
Despite having over 700K YouTube and 2.8 million email subscribers, 99Bitcoins has made the groundbreaking move of introducing a native token.
It is currently undergoing a presale and has raised over $110K in its first day, with value-seeking traders rushing in.
The idea behind $99BTC is to provide holders with immense value.
The newly appointed website editor at 99Bitcoins commented on the token’s integral purpose: “The launch of the $99BTC Learn-2-Earn platform marks a major step on our mission to redefine the onboarding journey for new users in the crypto market.”
“At the heart of 99Bitcoins’ new interactive learning ecosystem is the idea that there should be no cost of entry for new market participants. The learning journey should empower the curious, starting with tokenized incentivization as a real-world example of how crypto works.”
99Bitcoins token holders can access exclusive trading courses, trading signals and strategies, VIP community groups and mentoring, and staking rewards.
Staking is already live, with 14% of the token’s total supply allocated to rewards.
The token has a 99 billion total supply, with 15% allocated to the presale, 23% to ecosystem development, 17% to community rewards, and 23% to marketing.
This distribution strikes a perfect balance between means for sustained growth and incentivizing ecosystem participants to help nurture and grow the community.
Part of its community rewards initiative entails an airdrop, with $99,999 worth of $99BTC tokens earmarked for the giveaway.
Users get up to 11 entrees each by completing simple tasks like following the 99Bitcoins social media channels.
CEX Tokens Exploded but Media Tokens Are Next?
Adding to the excitement of 99Bitcoins’ token presale, a blueprint is already laid out by centralized exchanges like Binance, KuCoin, Cronos, and MEXC. These exchanges have each seen tremendous success by launching their own cryptocurrencies.
$99BTC resembles these CEX tokens, providing holders exclusive on-platform benefits and incentives. Given the ingrained utility of such tokens, there is a constant demand from new users and minimal supply since existing holders are already enjoying the rewards.
This enabled Binance’s BNB coin to claim a $100 billion market cap in the last market cycle.
Meanwhile, MEXC’s MX has outperformed the market recently, up 28% this week and 80% this month.
Indeed, with 99Bitcoins also being a giant in its respective industry, the upside potential for $99BTC is significant. This may be a monumental opportunity, similar to buying BNB at presale in 2017 when its price was $0.15. For reference, it currently trades at $611.
At the time of writing, the $99BTC presale price is $0.001. However, this will rise throughout the campaign, with the next uptick in five days or when the total raise hits $742K.
With that in mind, potential buyers should act fast to secure the best price.
Visit 99Bitcoins Presale
