The predecessor of barter trade dollars.
Bata (BTA) is a currency that has been developed to replace trade dollars in traditional Barter Systems. As the “Sharing Economy” grows, so does the decentralized market.
Bata aims to change way the way they trade, by introducing Barter on the Blockchain.
A Barter Currency has been re-invented on a blockchain, decentralized, secure and widely available in the form of BTA, replacing a Trade Dollar. Trade Dollars are just like cash and for that matter are based on regular currency, but in current Barter Systems they are controlled and issued by a central party.
Their vision is to create a new system of commerce that will create new jobs for an information based economy, and to help break away from the current system of debt based money.
BBP | Bata Barter Platform. They are changing commerce for the better.
BBP| Bata Barter Platform, Exchange, and Marketplace represent a transformative vision of the future of commerce, with the goal of removing the greatest pain points in the lives of sellers and buyers of goods and services. Providing unique interfaces, tools and automation features for traders of goods and services, commerce will be redefined by Bata. Users will more easily participate in barter as means of trade, while also allowing traditional buying and selling, and adding a system of incentives and leverage to traders and users in unique ways. It will build up a new form of trading community around the Exchange and Marketplace, and bring value to the entire cryptocurrency ecosystem.
BTA’s transformation from a Proof of Work Scrypt based cryptocurrency to a POW / POS Hybrid and the introduction of Uber-Nodes, their version of a “Masternode”.
BTA’s growth has been organic, much like Bitcoin, with no funding or premine and established late April of 2015.
BBP will offer Profit shares and run an internal exchange which will also have numerous functions including exchanging BTA for TRADE and Profit Shares.