Beowulf Blockchain, a decentralized cloud network for communication services, has announced the listing of its coin, BWF, on the Bittrex exchange.
Headquartered in Silicon Valley, the company stated that its coin would be available on Bittrex starting Sept. 24.
According to Beowulf, listing its coin on the Bittrex exchange would help it decentralize ownership of the blockchain as well as provide an opportunity for people and organizations around the world to become supernodes.
The company added that within two weeks of the listing, it would have distributed 100 million BWF coins (worth $1 million) to the community.
Beowulf has indicated that it will work with exchanges to establish a supernode network that will allow users of the exchanges to stake their holdings together to form supernodes, making earning block rewards and transaction fees from the company seamless and simple.