ByteDance (TikTok) is a technology company that operates a variety of content platforms that inform, educate, entertain, and inspire people from all over the world. Its platforms aim to help users explore and discover the world's creativity, knowledge, and everyday moments that matter, while also empowering everyone to be a creator directly from theirsmartphones. It is dedicated to providing a safe, healthy, and positive online experience for all of its users.
Last primary round Valuation: 300BN
Investors: Morgan Stanley, KKR, SoftBank VF, Tiger Global, TCV, Sequoia Capital, General Atlantic.
POOL terms
Pool fee are 5% on amounts equal to or less than 10 million USD, and 3% on amounts above 10 million USD
Soft cap 20 mm USD / Hard cap 100 mm USD
Valuation 210 Bn USD
Discount 28%, from the valuation of the last evaluation
(300Bn)
Tokenomics
Tokens are redistributed in the equivalent of pool investments. The share price will be available at the pool launch stage.
Etherueum (erc-20)
1 share = 1000 BTT tokens
The real ByteDance valuation is divided by 1000. That is, the valuation upon CEX listing will be 1000 times lower than the initial conditions of the last round. Valuation of BTT will be at a 230 Mm usd market cap level.
Market Cap
230Bn Val / ÷1000 = 2.3 Bn market cap
Contract will be Audited by:
The average closing time of a transaction is 3-6 weeks after the closing of the pool fundraising. Within a week after the closing of the transaction for the purchase of shares, the tokens will be redistributed among the investors.
3-6 weeks
Time frames
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