The startup offers a blockchain-based booking software that utilizes a peer-to-peer protocol to connect service providers directly with consumers. This system eliminates transaction fees, allowing users to earn cryptocurrency while creating new distribution channels for businesses.
Funding
$5.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Centralized online platforms exert significant control over various industries, dictating terms for service providers and often imposing substantial transaction fees. This model limits the autonomy of businesses and creators, hindering direct engagement with their customers and fans.
Solution
BTU Protocol offers a blockchain-based solution designed to disintermediate traditional online platforms, enabling direct interactions between service providers and consumers. By leveraging blockchain technology, the protocol eliminates intermediary transaction fees, allowing users to transact directly and potentially earn cryptocurrency. The BTU community focuses on identifying and promoting decentralized alternatives across sectors like travel booking, content streaming, and other peer-to-peer service platforms. The protocol aims to foster a fairer digital ecosystem where users have greater control and benefit directly from their interactions.
Target Audience
The primary audience includes service providers, content creators, and consumers seeking decentralized alternatives to traditional online platforms, as well as developers building blockchain-based applications.
Features
- Blockchain-based peer-to-peer protocol for direct service booking and exchange
- Cryptocurrency earning opportunities for users participating in the ecosystem
- Identification and promotion of decentralized platform alternatives
- Community-driven approach to support innovative Web3 projects