**UPDATE - Flash sale over to around 5.5M USD in tokens, no announcement on release or listing dates. ** BTU Protocol is an open decentralized ERC-808 smart contract-based booking protocol which facilitates the reservation process between resource providers, bookers, and booking platforms.
-20% belongs to 808 Labs with a 2-year lock-up (company reserve).
-20% belongs to 808 Labs to compensate the founders with a lock-up of one year.
-10% of the total BTU number will be used as bounties over time.
The Booking Token Unit (BTU) protocol is a standardized building block for any decentralized application (dApp) or web site willing to implement booking features for their end-users. The BTU protocol also brings interoperability among decentralized applications that incorporate it.
All platforms implementing the BTU protocol would benefit from a hybrid approach combining an on-chain smart contract and off-chain software components, providing more scalability. A transparent and public inventory enabled by an open-source protocol would considerably lower the entry barriers to many internet booking markets.