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Green Bitcoin ($GBTC), as the name implies, is a sustainability project.
But what the name doesn’t reveal is its gamified staking system, where investors predict the price of Bitcoin to stand a chance to win attractive rewards.
The project’s goal is to revolutionize the crypto landscape with predict-to-earn. Additionally, it offers passive staking opportunities with attractive rewards up for grabs. While gamified staking is dedicated to active users, passive staking is for those committed to long-term participation.
Every great Cryptocurrency has:
1. A Passionate Community
2. Epic Utility
3. A Purpose$GBTC has all 3 and more. pic.twitter.com/fgVy752zPe
— GreenBitcoin (@GreenBTCtoken) February 3, 2024
Does the Project Justify the Growing Hype?
Staking is one of the most attractive streams of passive income in the crypto market. It enchants investors with the promise of attractive rewards. On Green Bitcoin, staking is tailored for different types of users.
Both active and passive forms of staking are readily available within the ecosystem. Active staking ensures that there is consistent engagement on the platform, while passive staking appeals to investors who are looking to grow their wealth. But they don’t want to constantly engage with the platform to do that. Green Bitcoin rewards them for their trust and confidence in the project. In addition, passive staking presents an appealing alternative to holding cryptocurrencies idle in a wallet.
The growing interest in cryptocurrencies in general has to do with the allure of staking rewards. Since they are distributed in addition to the inherent value growth of the asset, they maintain a competitive edge against traditional assets like stocks.
Sustainable Mission, GameFi Dreams
Green Bitcoin is built upon a sustainable foundation. It is driven by a green mission that stands in stark contrast to Bitcoin. While Bitcoin is notorious for its large carbon footprint, Green Bitcoin operates within the Ethereum ecosystem. Not only is the ecological footprint lower, but GBTC also benefits from Ethereum’s high speed and efficiency.
In the coming months, Green Bitcoin intends to build partnerships with eco-friendly initiatives as part of its commitment to the ‘green’ tag in its name.
Coming to the ‘Bitcoin’ tag, the project wants to explore beyond merely capturing attention from its association with the world’s largest cryptocurrency. Green Bitcoin’s predict-to-earn system is inherently tied to the price action of Bitcoin itself.
It aims to breathe new life into the predict-to-earn concept within Web3. The fairness and transparency of predict-to-earn offer a more dependable alternative to TradeFi, GameFi, and GambleFi.
Users can participate in daily and weekly BTC price prediction challenges, with $GBTC tokens acting as the stake as well as the reward. Staking $GBTC tokens in the gamified dashboard, participants become eligible to submit their predictions for Bitcoin’s price on the following day.
As you may have guessed already, correct predictions yield a share of the prize pool. The share depends on prediction accuracy and the size of the staked tokens.
Why Predict-to-Earn?
To better understand the relevance of predict-to-earn, we should examine how it compares to popular niches in crypto.
1. Predict-to-earn has a low entry barrier. It is less technically complex than trading. In trading, expertise determines the success rate. In predict-to-earn, a combination of instincts and insights determines the accuracy. Inexperienced traders run the risk of incurring substantial losses.
But the allure of crypto market volatility remains undeniable. Green Bitcoin taps into this element within its predict-to-earn challenges, but with reduced vulnerability. It helps participants indirectly benefit from market fluctuations with lower risk exposure.
Green Bitcoin plans to broaden the scope of its active staking system to include additional assets and market events.
2. Gambling is marred with manipulative practices, be it online or offline. But predict-to-earn challenges offer a fair and transparent alternative to that. Although less addictive, the outcomes of predict-to-earn depend on market movements rather than platform manipulation. As a result, it provides a more credible option for users looking for an alternative to traditional gambling.
3. After an age, people tend to lose interest in gaming. They can’t afford to invest a lot of time in gaming amid the daily grind. They miss out on the play-to-earn opportunities, as a result. But gamified staking on Green Bitcoin presents a more time- and cost-efficient alternative to gaming. It sidesteps the lethargic aspects of gaming, offering a more streamlined and lucrative experience.
Think Early For Higher Upside Potential
Gamified staking on Green Bitcoin doesn’t demand time, complex trading skills, or a massive risk-reward appetite. This aspect underscores its mass appeal. It nurtures an active and engaged community through staking, fueling the organic demand for $GBTC tokens.
The presale of $GBTC tokens is now live for investors at heavily discounted prices. Factoring in the large growth potential of the project, it is a compelling offer.
Currently, passive staking rewards for presale investors stand at an impressive annual percentage yield (APY) of around 300%.
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