Tokenomics

The $BIT token is the core of Bitrate's ecosystem, supporting transactions, rewards, and governance. Below is the detailed tokenomics structure:

CA :

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Total Supply

• 1,000,000,000 $BIT tokens.

Allocation

• 80% Circulating Supply: Available for public use through token sales and exchanges.

• 5% Marketing: Dedicated to promoting the platform and driving user adoption.

• 5% Rewards: Used to incentivize users for bandwidth sharing and community engagement.

• 5% Research and Development (R&D): Allocated to enhance the platform, develop new features, and ensure long-term sustainability.

• 2% Team and Operations: Reserved for operational costs and supporting the core team.

• 3% Ecosystem Development: Focused on partnerships, integrations, and long-term growth initiatives to expand the Bitrate ecosystem.

Transaction Tax

• 5% Buy / 5% Sell Tax

Utility of $BIT

• Payments for bandwidth-sharing services.

• Rewards for contributing to the network.

• Staking for passive income.

• Voting in community governance decisions.

Market Stability: Buyback Program

To ensure long-term market stability and protect the value of the $BIT token, the Bitrate team is committed to conducting periodic buybacks. These buybacks demonstrate Bitrate’s dedication to fostering a healthy ecosystem and aligning with the project’s long-term vision.

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