The presale for Green Bitcoin ($GBTC) recently crossed the $480K milestone in under a fortnight, demonstrating the building momentum behind the project.
Investors are rushing to Green Bitcoin due to its innovative Gamified Green Staking system, which rewards users who accurately predict the price of Bitcoin.
The project intends to combine the Ethereum eco-friendly blockchain with the Bitcoin legacy to give birth to a utility-driven rewards exosystem,
As a result, Green Bitcoin is combining a unique staking model with Bitcoin’s price action and environmental impact.
Green Bitcoin Attracts $400K in Just Two Weeks as Momentum Builds
Green Bitcoin ($GBTC) has raised a whopping $480K in under three weeks as investors become increasingly confident in the project’s future.
Green Bitcoin introduces a unique staking model into its ecosystem called Gamified Green Staking, which provides a passive income reward for participation scaled to investment.
Users simply have to stake their tokens and make a prediction on the future price of Bitcoin, and they will start earning an additional $GBTC if accurate.
The ecosystem provides exponential rewards with a 100% token bonus. Furthermore, the team introduces new live challenges weekly to keep the participants excited.
Get Paid For Placing Accurate Bitcoin Price Predictions
The entire idea behind the platform is to create an ecosystem with a high level of participation as users make price predictions for Bitcoin.
The Gamified Green Staking mechanism empowers users to make daily price predictions through a staking system that requires them to lock their $GBTC tokens into the ecosystem for a period of time.
The act of staking locks tokens away from the open market, creating scarcity for newcomers looking to enter to participate in the price prediction competition.
The prediction contests are designed to foster engagement and activity within the ecosystem, making it one of the most active projects in Web3.
Successful forecasts are rewarded with a proportionate share of the daily staking rewards from the pool, depending on the level of investment made and the duration committed to the ecosystem.
The team has allocated 27% of the total $GBTC supply for the incentivized Gamified Green Staking mechanism to provide rewards for the next two years.
How Does Gamified Green Staking Work?
Users must stake their tokens first to get started in Gamified Green Staking and place predictions.
Those staking for longer periods of time stand to earn additional bonuses on top of their winnings if they place accurate price predictions.
For example, weekly stakers who stake for more than a week will earn an additional 5% bonus on their daily rewards. Monthly stakers will earn an additional 10% bonus on their rewards, with six-month stakers earning as much as a 15% boost in daily rewards.
The bonus reflects the commitment of those supporting $GBTC by staking their tokens for longer.
Once $GBTC is staked, users are able to cast their price predictions.
The new round of predictions starts every day at midnight, allowing participants to cast their next call.
All Bitcoin price predictions must be placed by 11:30 PM EST before the daily round is closed.
The system will tally the day’s stakes at midnight against the actual Bitcoin price trend. Those making accurate price predictions will earn a cut of the day’s mining fee rewards – which are distributed by the smart contract at every ten-minute integral, in line with the original Bitcoin block schedule.
Users can claim the aggregate of their day’s rewards every 24 hours.
Get Positioned Now Before Prices Increase Further
The presale shows signs of increasing strength after raising an impressive $480K in a few days.
The presale is selling 40% of the total $GBTC supply.
Of the remaining supply, 27.5% is reserved for staking rewards, 17.5% for marketing, and 20% for adding liquidity to decentralized and centralized exchanges. The final 5% is then set aside for community rewards.
Investors can currently purchase $GBTC in the presale for $0.3989.
However, it’s important to mention that the presale uses a rising pricing strategy. As a result, those getting positioned earlier benefit the most as they get positioned at a lower entry process.
With the listing price set at $0.6, everybody participating in the presale at the current stage stands to walk away with a respectable return on their investment. However, many investors expect at least 10x returns heading into 2024 after the price prediction system gains momentum.