The 99Bitcoins token ICO has hit another milestone raising $900,000 hours ahead of its next slated price increase. This learn-to-earn platform, built on the BRC-20 network, is currently offering tokens at price of $0.00102.
The project, run by one of the leading crypto educational platforms, was created to help incentivize beginners in the space to learn about various aspects of the cryptocurrency ecosystem. To be able to release the platform and increase public awareness it is aiming to raise $1.4 million during this presale stage.
One of the key driving forces of its early success in raising funds has been the sizable rewards it is offering to investors and stakers. 99Bitcoins token rewards its early backers for holding or staking tokens with a current APY of 2019%. This is one of the highest annual yields currently available in the market.
The Future of Learn-to-Earn
Inspired by the world’s first rewards platform MyPoints which launched in 1996, 99Bitcoins sees itself as the evolution of this. It is also leveraging the play-to-earn (P2E) model seen with crypto projects like Sponge V2, but commoditizing education.
At present, it has a community of over 700,000 members, with nearly 80 hours of crypto-related educational material. 99Bitcoins offers an interactive approach to learning, with various modules, quizzes, and tutorials dedicated to topics like DEX trading and Blockchain safety.
Performance on these modules will be ranked, with high-achievers being rewarded in $99BTC for their learning and knowledge. As learners advance through various subjects and complete more levels, rewards will also increase. Prior to launching this token, and educational model, 99Bitcoins was a high-authority news site in the crypto space, with over 2.8 million email subscribers.
Using this outlet, it hopes to be able to convert readers into learners and reward them for taking a more active role within the new educational system. Holders will also gain exclusive access to more comprehensive educational material.
These include a trading course which has more in-depth material and modules. Proprietary trading signals and strategies catered to active traders. Community mentoring and personalized guidance, and higher levels of rewards from staking the token.
99Bitcoins Rewards & Tokenomics
Keeping with its name, there is a total supply of 99 billion 99BTC tokens in existence. According to its website, roughly 10.5% has gone to its presale. The biggest allocation of tokens has gone to funds for the development of the project at 27.5%.
In order to continue to grow its community which presently includes 18,100 followers on X (Twitter) 23% of its supply has been set aside for marketing. 17% is going towards issuing rewards to its learners and investors, 14% to staking, with the final 8% being assigned to liquidity on listings on centralized and decentralized exchanges.
The 99Bitcoins team expects to be listed on a DEX during the third quarter of 2024, with a CEX listing coming in Q4 this year. It also hopes to graduate from providing education, to offering a crypto trading signals service in the coming months.
To this point, 539,272,934 99BTC tokens have been staked, with over 86 million 99BTC tokens rewarded to the community. In order to keep up to date with the progress of this project, follow its Telegram channel.
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