Bitcoin Forum

Hi there.

We are happy to announce to you the new project – BRT Network.

https://brt.network/img/roi/brt@2x.png

BRT is for Bitcoin Revenue Token. It is based on modified Ripple fork and the project represents crowdfunding platform that will do all the best to offer easy way to projects to get funded and automated passive income in BTC for investors (BRT holders).

We do not offer ICO and we did not have ICO before and will not have in future. The project had early stage sale and collected 3808 BRT before launch from known investors that got private invitation by the team.

The main goal of the project – make it easy to get funded for project that already working (or at least at MVP stage but working and launched).
On the other side – secured and automated dividend system for investors with automated diversification of funds.

BRT Ecosystem already working and launched and you can check explorer – explorer.brt.network (https://explorer.brt.network/?utm_source=bitcointalk&utm_campaign=forum&utm_medium=en-topic). We used rippled based code and modified it to use same address in BRT and BTC blockchains. That allows to pay dividends in BTC to same address of holder in BRT network. Transparent. Easy. Secured.

https://brt.network/img/roi/cointrapper@2x.png

To make our goal possible we are launching another project – Cointrapper (cointrapper.com (https://cointrapper.com/?utm_source=bitcointal&utm_campaign=forum&utm_medium=en-topic)).

Cointrapper is about automated cryptocurrency trading algorithm that was tested and proved its profitability during last year when all cryptomarket had many downtrends. It designed to use raw mathematic and news signals to make decisions. The algorithm is very simple but also effective and allows to trade with 150-300% yearly profitability.

The main goal of this project – prepare good basis for future of the BRT ecosystem and also start to pay dividends to holder asap after 1st round of investments that finishes October 15, 2020.

How it works?

BRT offers platform where another project can be launched to get funded.

Once project funded and all rounds ended this project start to pay dividends to separated BTC address made for this project.

Once BTC address received transaction its distributed to all BRT holders (same address in BTC network) in automated way.

BRT holders can holder BRT token to receive dividends or can sell it any time. Also BRT Network offers protection to all investors and possibility to sell BRT token using same price to BRT ecosystem after 1 year of holding.

Wanna know more?

You can read more information and learn more about BRT Network at brt.network (https://brt.network/?utm_source=bitcointalk&utm_campaign=forum&utm_medium=en-topic)

Any questions – welcome. Any offers – welcome. Any wishes – welcome.

Check out our socials: Telegram chat (https://t.me/brt_chat), Telegram news (https://t.me/brt_news), Reddit (https://www.reddit.com/r/BRTNetwork/), Twitter (https://twitter.com/BRTNetwork), Facebook (https://fb.com/brt.network), VK (https://vk.com/brt.network), Instagram (https://www.instagram.com/brt.network/), Medium (https://medium.com/@brt.network)

With <3 BRT Network

Full transparency of investments!

We have added the possibility to see all transactions in the blockchain that were made as project investment.

Go to “Projects” in your “Account " and then click “About” link near the information about the project, then “Investments”. You can see information about all transactions that were made for investment for this project.

BRT Network will support full transparency for all money flow in all projects and the whole ecosystem.

The first round of the first project “Cointrapper” is ending and we are preparing an automated dividend system to be launched.

Stay tuned for the latest updates!

If any project is fraud and investors invest on that, what will happen then? people who are investor they may be think, its on your platform than it is ok. They invest  and later they come to know that  project was a scam. Do you have any checking system to identify of any project either fraud or not .OR are you denying it and its the investors responsibility?

Hi there. It's a good question. As for now, we have only one project that launched in the ecosystem – Cointrapper. It's our team's project. So this one was just added to it.

If we talk about the next projects that will get the possibility to participate and get funded with BRT Network there are several layers of protection from kind of Scam:

1. Each next project that will be added to BRT Network first need to go through votes that made by investors (BRT holders)
2. If the project passes 1st protection layer and gets listed project can participate in investment rounds.
3. Another layer of protection – once investment of project finished – the project gets 50% of funds and 30% of funds only after it fulfills custom project requirements (need to payout minimum amount of dividends). If the project did not go through this 30% is distributed through all BRT holders.
4. Another way of lowering the risk is that 12% of each investment round goes as dividends also to all previously BRT active addresses. So it gives early entry to whole ecosystem most profitable for investor.

There is risk that project may be a scam but its kind of very low.

- Only working projects allowed to participate.
- BRT team also accept or decline request first.
- Investors take decisions to allow or no.
- Project gets only 50% of funds first and rest of amount only when it's started to work and pay dividends

Well in case if even project will get out of the ecosystem and will not pay dividends it will get bad reputation in the internet. But if we talk about dividends and whole ecosystem another projects should pay dividends. So in that particular case token price can be corrected and there is no critical issue.

That's the point of diversification and also why we launched first proved project that will adjust token price and add great support to the whole dividend system.

IS BRT in mvp level ?

Hi. Nope, it's already a working project but we do all the best to make new features available.

your concept seems like stock market .Do you have a plan like this , like you divide the fund they need and ask investor to invest.
they could invest little amount and have the share or stock of that project. thus many investor who have little money can invest in a good project.

But by whom ico will be audited? does brt audit it by itself?
does it have the team to audit ? because  at first glace investor mayn't know it scam but after they could. Before any investment we need to know that.

Project offering passive income is actually not true most of the time.
If the platform is not earning, how can you guarantee dividends to your users?
Sometimes it is only good at the start, but after few months, you will receive no to little share of dividends.
So for this project to thrive, what are the projects that the team is exploring with to keep this passive income alive as much as you can?

Yes, it works already like this. The project has its own selling pool of token and all investor become a kind of shareholder of the whole ecosystem.

At the moment we do not have a whitepaper but we are going to make it. The project had an idea to start as a working solution already. We did not have ICO or any plans to gather many funds. The way we choose is moving next step by step with proves of working idea. But we will finish Whitepaper soon also

The first and the main thing we do not make ICO. Only already working and proved project will be allowed to join the ecosystem and raise some funds.

But yes. BRT Team also audit all requests before it will be published to the vote system by BRT holders. After that investors vote for it using tokens and also audit myself. So it gives at least 2 layers of protection before project comes to fundraising.

Hi there. Yes, agree with you that most of the time passive income is not true.
But in our case, we are talking about a project who sells kind of its own shares. We already have some kind of protection and also plan to protect more with the law in the future.
But as we talk for now we have our own project – Cointrapper. That represents the trading algorithm in the cryptocurrency market and also will work as long as the volatility of the market will stay good.
We plan to add projects, not from online-only but offline segments also. It will give diversification of actives by investors. BRT also has a protection plan for investors with buyback tokens the same price investors bought it. To make it possible BRT ecosystem also has a little fee on all investments.

Hi developers, this project sounds interesting. I like it because it can help both investors and startups. People connected with this community will definitely benefit from it. The crooks get nothing. Many people are lost by the common people. This project minimizes the possibility. My support will always be with you.

Thank you for your good words. We will to do our the best!

Hi everyone!

We have launched the MVP of the share system — https://share.brt.network.

Now it shows base information — current top 20 of BRT holders addresses, latest dividends distributions, total paid.

You can check each address and its dividends also now.

We are preparing to update it and add more information and also separate by the project.

1st round of the Cointrapper project has been finished and raised 0.35920547 BTC.

We have distributed 80% of the amount to the project, 12% of the amount to dividends for early investors, and 8% as BRT commission in BTC tx — https://btc.com/db4fec8f6fca2bb4125fb378441897a99a814d7b92a6bc9e94e82a5b06de54ed.

Dividends will be distributed just once the transaction will be confirmed!

2nd round of Cointrapper is active now. Join now to get BRT tokens and participate in the whole ecosystem!

See you soon!

The ecosystem-based on Ripple source so every tx you transfer it burns some amount of coins.

There is a fixed of issue coins – 1048576 BRT.

No more coins will be issued in the future.
But this is a kind of "sleep" amount.

The real amount that in use now – 3808 BRT.

The rest of the tokens will be used only for new projects in fundraising campaigns. So on each sale, some new tokens will be added to the whole dividend ecosystem.

As of we are not running any ICO there is no hard cap. But hard cap for each participated project is determined by each project individually.

Such projects should enter into the blockchain. Development will take more time, but trust issues will be the main factor. If you can successfully gain trust, both parties will use your platform. Because money is always a sensitive term. We have seen many projects lose money and investors lose hope

It looks like an interesting project. Such projects should come to develop the crypto community. But patience is required, as this may take some time to succeed.
Add a bookmark here so I can easily track the item.

Tokens sold by project https://cointrapper.com
You can read all information there.
Its cryptocurrency trading algorithm that will trade deposit to make a profit for investors
Dividends will be distributed in BTC

Hey guys.

Let’s do a short talk about how the share system will work.

BRT Network gives BTC address for each project. Address that we gave to Cointrapper — https://btc.com/12A1zgi6CnRuMayjDJvmYFjfax2pqyz1Wk.

This address used by the project to send profits that will be split as dividends for BRT holders.

Once the address received a minimum amount of 0.01 BTC the share system distributes it between BRT holders. It uses balances on the momentum of distribution. So it’s a good idea to hold your BRT tokens on one address and do not move to another if you plan to get dividends.

BRT Network will charge fees on each distribution. The fee depends on the amount that is going to be distributed.
< 0.03 BTC = 3%
< 0.05 BTC = 2%
< 0.2 BTC = 1.5%
< 0.5 BTC = 1%
> 0.5 BTC = 0.5%

So the more distribution is the lower fee it uses. The fee will be used to support the share system and the whole BRT ecosystem.

We have set a formula for the minimum amount that you must behold to receive dividends. This formula is super easy. As for now, we have set 10,000 parts of shares on the whole ecosystem.

Let’s check the example. Now we have 4,000 BRT in circulation. So let’s calculate the minimum BRT amount on the address you have to hold to receive dividends. 4,000 / 10,000 = 0.4 BRT. Easy, right?

Okay, but what if active tokens will grow in the future? So the minimum amount will be increased. BRT token will be used also for some other services as a payment token. So if you are not eligible to receive BRT you will be able to use it in other ways.

This formula will help the ecosystem to stay stable and remove dust amounts from holders and will pay only real investors even with real low minimal.

And yeah, first dividends have been successfully distributed to early-stage investors — https://share.brt.network.

Join to BRT ecosystem now — https://brt.network

This process is not yet ready and will be ready soon once we will prove this idea with our own project.

But the process is kind of simple
1. Project send all information to us and we check
2. If we accept this it goes to vote and BRT holders vote for it
3. If it passes holders vote it's ready to start a fundraising campaign

Decentralized financial platform is a very interesting idea for me. It will attract people's attention. If investors can make money, it will be a huge prosperity.

When I read this topic, I think it is enough.
After reading a lot of threats, my thinking started to be confusing. A lot of shit. Few people are reliable. This concept is great and definitely worth the investment.

if any project get funded and later they have a loss in their project. How investors will get their profit ?will they have to be bear the loss also? Do you have a reserve fund so that any one sold their share and projects won't face any problem for that.

Hi, thank you. At the moment we have 3 core team members. Also, we have some people who work with us as outsourcing

It’s time for the first results from Cointrapper project

Here is the statistic of running the trading algorithm for the last day:
Current deposit: 0.22999733 BTC
Profit amount: 0.00137994 BTC
Net profit: 0.6%
Gross profit: 0.76%

We are still tuning and adding more volatiles pairs to get more profit ;)

We are preparing statistic information to be displayed on site. But until this time we will post on daily basis all results of trading.

Stay tuned guys