As Bitcoin starts to recover, a new eco-friendly cryptocurrency is gaining attention after reaching a major milestone in its initial coin offering. With over $9.5 million raised in the presale, Green Bitcoin has announced that the claim will go live on April 5th, 2024, at 1pm UTC.
The Green Bitcoin presale is over! Now the real work begins! Listing details and token claiming details will follow shortly. For now, the entire community is being thanked for helping to spread the Green revolution. The project’s developers are confident in its direction, celebrating the achievement by hosting a $200 GBTC giveaway on Twitter. To participate, users only need to like and retweet the team’s latest post while tagging a friend.
Green Bitcoin aims to merge Bitcoin’s legacy with Ethereum’s eco-friendly approach. As an ERC-20 token, it uses the proof-of-stake consensus mechanism, which is more energy-efficient than Bitcoin’s proof-of-work. It also introduces on-chain staking to the Bitcoin ecosystem, enabling investors to stake their $GBTC holdings in the presale and earn passive income, currently at an APY of 73%. With over 62% of Green Bitcoin tokens from the presale already staked, there could be less selling pressure on the token after its launch.
These features make Green Bitcoin an enticing option for environmentally conscious crypto investors seeking potentially high returns. For comprehensive instructions on how to buy $GBTC, please refer to our detailed guide.
Green Bitcoin – Bitcoin price predictive features
Green Bitcoin introduces a new staking system called Gamified Green Staking. With this system, users stake their $GBTC tokens to predict Bitcoin’s daily price movements. Those who make accurate predictions receive rewards from the daily mining pool, based on their level of commitment. A significant 27.5% of the total $GBTC supply is set aside for rewards over the next two years.
To participate, users must lock their $GBTC tokens into the Gamified Green Staking mechanism and submit their forecast before 11:30 PM EST. Rewards vary based on the staked $GBTC amount and commitment duration. Daily stakers receive regular rewards, while those staking weekly, monthly, and for six months receive bonuses of 5%, 10%, and 15%, respectively.
Green Bitcoin tokenomics and roadmap
Green Bitcoin (GBTC) operates similarly to Bitcoin (BTC) in terms of token distribution, with a total supply of 21 million tokens. This breakdown includes 50% for the presale, 10% for community rewards, 20% for staking rewards, 12.5% for marketing, and 7.5% for liquidity. The focus on community incentives and staking rewards is intended to ensure the long-term sustainability of Green Bitcoin.
