By Green Bitcoin Presale Continues to Impress, Raising $360K In First Week as Traders Rush to Gamified Predictions
Last updated: December 15, 2023 03:29 EST
. 3 min read
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
The Green Bitcoin ($GBTC) presale continues to impress after raising well over $360,000 in its first week as investors rush to its gamified staking ecosystem for passive rewards.
The platform allows users to stake their tokens to predict the price of Bitcoin and earn massive rewards.
The speedy $360,000 accumulated in the presale demonstrates the building confidence of investors behind this project, with many predicting 10x returns as soon as it launches.
Green Bitcoin Introduces Rewards for Accurate Bitcoin Price Predictions
Green Bitcoin combines Bitcoin with the Ethereum eco-friendly blockchain to give birth to an intuitive gamified prediction ecosystem that provides sustainable rewards.
The platform utilizes the eco-friendly proof-of-staking mining mechanism, bringing Bitcoin into the “green” era of environmental consciousness.
Green Bitcoin introduces a unique staking model, dubbed Gamified Green Staking, to earn a passive income where the rewards are scaled to investment levels.
Gamified Green Staking allows users to participate in Bitcoin price predictions, with users accurately predicting the price of Bitcoin and earning rewards.
The platform offers fresh challenges every week and offers increased bonuses for those staking their tokens for a more extended period.
Gamified Green Staking: How Does This New Innovation Function and Provide Rewards?
Gamified Green Staking is an ecosystem that allows users to make daily price predictions and earn rewards.
Users simply stake their $GBTC tokens to forecast the next day’s price movements. Successful forecasts are rewarded with a proportionate share of the daily staking reward pool.
The team has allocated 27% of the total supply, around 5.8 million $GBTC, for incentivized staking to provide rewards for the next two years.
Alongside creating scarcity in the open market, the Gamified Green Staking mechanism aims to foster engagement and activity in the ecosystem.
To get started, users must place their $GBTC price prediction by 11:30 PM EST. The next round begins at midnight, and users can cast their next price call.
The smart contracts will tally the day’s stakes against the actual Bitcoin price and provide rewards from the day’s mining fees to those accurately predicting the price of Bitcoin.
Users can claim the aggregate of their day’s rewards after each 24-hour cycle.
For added security, the smart contracts that facilitate the forecast system and the presale are fully audited by Coinsuly, adding an extra level of protection for all participants.
Long-Term Participants Rewarded The Most
The exciting part of the ecosystem is the fact that long-term participants are rewarded the most.
As users have to stake their tokens to participate in the forecasts, those staking for more extended periods of time earn a bonus reward for their long-term commitment to the ecosystem.
For example, those who choose to stake their tokens for a week are entitled to a 5% bonus on top of their regular daily rewards.
Monthly stakers are rewarded more with a 10% bonus, and six-month stakers are rewarded even more with a 15% boost in daily rewards.
The idea behind the bonus reward structure is to incentivize long-term participation and create scarcity of $GBTC on the open market.
The act of staking provides rewards and locks tokens away from being sold. Therefore, those looking to purchase $GBTC following the presale to participate in the forecasts will be forced to pay higher prices to enter.
There’s also a staking return for those locking tokens away, with participants in the presale earning an impressive 100% APY.
As a result, whatever amount of $GBTC you purchase in the presale will effectively be doubled by the time the token launches.
Presale Exceeds Expectations – Get Positioned Before It’s Too Late
With the presale already exceeding expectations, it’s essential to get positioned before it’s too late.
The presale sells 40% of the token supply at a current cost of $0.3453.
However, the price isn’t fixed as the presale uses a rising pricing strategy. Therefore, those investing earlier benefit the most from the lower entry prices.
Of the remaining supply, 27.5% is reserved for staking rewards, 17.5% for marketing, and 20% for adding liquidity to CEXs and DEXs. The final 5% of the supply is reserved for community rewards.
Overall, Green Bitcoin has introduced a novel and exciting way to earn rewards through Bitcoin price predictions. Its ecosystem is built for active participation, allowing you to make an income stream through accurate Bitcoin price predictions.
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