$9BIT Whitepaper Released: The9 Will Own 19% of $9BIT Token Supply, Bridging Wall Street and Web3
Rhea-AI Summary
The9 Limited (NASDAQ: NCTY) is set to receive 19% of the total $9BIT token supply following the release of the $9BIT whitepaper by 9BIT Foundation. The token, expected to be listed on a major crypto exchange by December 31, 2025, will power the9bit, The9's Web3.5 gaming platform that has already attracted over 2 million users.
The platform aims to bridge traditional finance with Web3 innovation through a Web2-first, Web3-enhanced approach, featuring auto-custodial wallets and fiat on-ramps. The ecosystem will be sustained by revenue streams from IP game sales, game reloads, and ad revenues, focusing on rewarding players for engagement and enabling creators to monetize their content.
Positive
- Platform has already attracted over 2 million users in just weeks
- 19% token ownership by The9 provides institutional backing and stability
- Multiple revenue streams planned through IP game sales, reloads, and ad revenues
- Expected listing on major crypto exchange by end of 2025
Negative
- Token listing and exchange details remain unspecified
- Regulatory uncertainties around crypto tokens and gaming rewards
- Potential volatility risks associated with new crypto tokens
News Market Reaction
On the day this news was published, NCTY gained 6.83%, reflecting a notable positive market reaction. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $9M to the company's valuation, bringing the market cap to $134M at that time.
Data tracked by StockTitan Argus on the day of publication.
This comprehensive whitepaper outlines the
- Reward players and creators fairly
the9bit ensures that value flows back to the people who make gaming communities thrive — rewarding players for their time and engagement, and giving creators lasting opportunities to monetize their content and leadership. - Make Web3 accessible with auto-custodial wallets and fiat on-ramps
By removing technical barriers, the9bit allows anyone to join in seconds. Local fiat payments and seamless wallets mean newcomers can enjoy Web3 benefits without needing prior blockchain experience. - Build sustainable, community-driven digital economies
Anchored on real revenue streams like IP game sales, game reloads, and ad revenues, the9bit creates economies that reward participation while growing stronger over time — not just speculative cycles. - Focus on long-term inclusivity
Prioritizes stability, fairness, and shared growth, ensuring that players, creators, and investors benefit together in a digital ecosystem built for the future.
Quote from Marrtin, Head of Web3, The9 Limited
"the9bit is uniquely positioned to bridge Wall Street's established trust with Web3's transformative potential. We take a Web2-first, Web3-enhanced approach. It works really well as evidenced by surpassing 2 million users in just weeks. Looking ahead, the9bit will introduce upcoming campaigns, advanced creator monetization tools, esports layers, and new ecosystem features, reaffirming its commitment to innovation, community building, and global expansion. This whitepaper cements our long-term commitment to players, creators, and investors alike."
The full
About the9bit
the9bit is a next-generation gaming platform where players can get games including AAA IP console games and mobile titles, complete daily missions, watch ads, post content, and lead communities — all while earning flexible, token-convertible points. It bridges Web2 gaming with Web3 rewards (Web3.5) by auto-generated wallets, local fiat support, optional KYC, and built-in creator tools make it easy for anyone to join. Visit the9bit.com for more information.
About The9 Limited
The9 Limited (The9) is an Internet company listed on Nasdaq in 2004. The9 is committed to becoming a global diversified high-tech Internet company and is engaged in online games operation and Bitcoin mining business.
View original content:https://www.prnewswire.com/news-releases/9bit-whitepaper-released-the9-will-own-19-of-9bit-token-supply-bridging-wall-street-and-web3-302553887.html
SOURCE The9 Limited
FAQ
What percentage of $9BIT tokens will The9 Limited (NCTY) own?
When will $9BIT tokens be listed on crypto exchanges?
How many users does the9bit platform currently have?
What are the main revenue sources for the9bit ecosystem?
How does the9bit platform make Web3 accessible to new users?
