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Crypto analyst Crypto Gains sees promising potential in this new eco-friendly crypto for the upcoming bull cycle.
Green Bitcoin, a new, low market cap crypto with staking rewards and a low entry price, aims to capitalize on Bitcoin’s growth while addressing sustainability concerns and becoming a 100x crypto.
This initiative, inspired by Bitcoin, embraces a sustainable approach, attracting eco-conscious investors and institutions focused on environmental, social, and governance (ESG) principles.
New Green Bitcoin alternative project hits $3 million in crypto ICO
Green Bitcoin rewards users for guessing whether Bitcoin’s price will rise or fall the next day through a unique Predict-To-Earn model. As an environmentally friendly and gamified alternative to Bitcoin, the project has gained significant community support, raising over $3 million in its presale.
The current price for Green Bitcoin in the presale is $0.8022, but it will gradually increase as the campaign progresses, with the next increase scheduled in four days.
$3 MILLION RAISED!
A massive milestone for the Green Bitcoin community. Green Bitcoin is still in presale–Get yours now! pic.twitter.com/46Jj7r0PDU
— GreenBitcoin (@GreenBTCtoken) March 10, 2024
Leading analysts, such as Jacob Crypto Bury, are also supporting Green Bitcoin, speculating that it could see a 10x increase. Bury, known for backing low-cap projects with significant growth potential, indicates substantial opportunities for $GBTC.
Green Bitcoin operates on the Ethereum network, allowing integration with other decentralized applications (dApps) and expanding its potential uses. Launching on Ethereum also provides additional functionalities due to the network’s smart contract capabilities.
One notable feature of Green Bitcoin is its staking mechanism, providing a greener alternative to Bitcoin mining, which is often criticized for its high energy consumption.
Consequently, $GBTC might attract environmentally conscious investors and institutions that prioritize environmental, social, and governance (ESG) standards. Potential investors can participate in the $GBTC presale on the Ethereum network using ETH or USDT, or on the Binance Smart Chain using BNB.
Detailed instructions for purchasing $GBTC are available in our guide. The token generation event (TGE) is scheduled to occur on the Ethereum network upon the conclusion of the presale.
The mechanics of Green Bitcoin’s Gamified Staking System
The Green Bitcoin price prediction contests operate using a unique staking system known as Gamified Green Staking. Users must lock their $GBTC in the staking system to forecast the next day’s Bitcoin price to participate. If their forecast falls within the green zone, they earn rewards from the daily staking pool.
Rewards depend on the amount of $GBTC staked and the duration of commitment. Daily stakers receive straightforward portions, while weekly stakers get a 5% bonus, monthly stakers get a 10% bonus, and those staking for six months get a 15% bonus.
Forecasts must be submitted by 11:30 PM EST daily, with rewards calculated against the actual Bitcoin price trend at midnight. Rewards are distributed every ten minutes, similar to Bitcoin’s block reward time.
Users can claim their rewards every 24 hours, with 27.5% of the total supply allocated for rewards over two years. Investors are eager to get involved early, anticipating a supply shock due to Gamified Green Staking.
Since participants must lock their $GBTC tokens in the staking contract to make forecasts, $GBTC cannot be purchased on the open market. This scarcity could result in higher prices for newcomers interested in joining the daily prediction contests.
At present, the staking ecosystem is active, with 63% of presale tokens already staked, resulting in holders earning remarkable returns of 140%. The overarching goal of Green Bitcoin is to create a blockchain that encourages engagement and activity rather than mere speculation.
As participants actively use the blockchain for forecasts, Green Bitcoin aims to revive blockchain activity, moving away from an inactive chain with no engagement.
Green Bitcoin tokenomics and roadmap
Green Bitcoin’s whitepaper explains how its tokens will be distributed, with the total supply set at 21 million tokens. A significant portion, 40%, is allocated for the presale to generate early interest. The remaining tokens are divided for various purposes: staking rewards, marketing, exchange listings, and community rewards.
Green Bitcoin prioritizes sustainability and user engagement in its roadmap. First, the “Presale Launch” gets things rolling. Here, you can buy $GBTC tokens at a friendly price to join the community early on, funding tech and marketing efforts for Green Bitcoin.
Next comes the “Token Launch Strategy.” The team aims to list $GBTC tokens on respected exchanges to ensure fair trading. Phase 3 brings “Staking Rewards” and a “Bitcoin Price Prediction Game” to the table, keeping users involved and the community thriving.
Finally, Phase 4, dubbed “Predict-To-Earn 2.0 and Future Innovations,” focuses on gamifying staking predictions and pushing the boundaries with ongoing advancements. To stay in the loop about Green Bitcoin’s progress, join their Telegram group for updates. To take part in the $GBTC token presale, visit greenbitcoin.
Related
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