Bitpaid Launch Roadmap

The launch of Bitpaid v1 began in early 2017 and since then it’s continuously growing day by day to reach new heights. Several post–launch developments and optimizations are expected for 2023 and beyond.

Start Staking

Current Phase

Post-launch
upgrades

Q1 2023

Web3 Games

Q3 2023

P2P Exchange
Listings on major Centralised Exchange (CEX)

Q1 2024

HypeCall

Q1 2025

Developing Own Decentralised Exchange (DEX)

Tokenomics

BTP token is the native token of Bitpaid Network that is fully decentralised and 100% Community Driven, having more than 10000 holders with 4.5 million transactions. More than 30% supply of BTP tokens has staked by community based staking program on CVIP that is the indigenously developed decentralised exchange (Dex). No single wallet holders own more than 1% of supply. Bitpaid (BTP) has received an “A” grade in the transparency score provided by Nomics, which means Nomics has vetted BTP’s trade history and verifies that BTP meets the highest reliability, consistency, and data integrity standards. No one can manipulate it because this is the only coin that has 100% circulated into the community, having no hidden wallet.

The BTP token serves three distinct purposes: governance over the network, staking and bonding.

Governance

Bitpaid token holders have complete control over the protocol. All privileges, which on other platforms are exclusive to miners, will be given to the Relay Chain participants (BTP holders), including managing exceptional events such as protocol upgrades and fixes.

Staking

Token holders keep the network secure and collect rewards by staking BTP. Bitpaid’s advanced staking system is designed for maximum decentralization and fair representation, rewarding good actors and punishing bad actors to ensure network security.

Bonding

New parachains are added by bonding tokens. Outdated or non-useful parachains are removed by removing bonded tokens. This is a form of proof of stake.

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