Green Bitcoin allows users to stake $GBTC to predict the price of $BTC and earn rewards for accurate forecasts through its Gamified Green Staking ecosystem.
The project is quickly gaining popularity after raising an impressive $420,000 in its first three weeks of operation.
Investors are rushing to the staking-based rewards platform as they believe the introduced scarcity through staking will create a supply shock on open markets, leading to an explosion in prices.
Earn Rewards in Predict-to-Earn Ecosystem
Green Bitcoin allows users to earn rewards by accurately predicting the price of Bitcoin. The platform combines Bitcoin with the environmentally friendly Ethereum blockchain to create a gamified Bitcoin with a unique staking model tied to the price of Bitcoin.
The Gamified Green Staking mechanism behind the platform provides participants with rewards scaled to their level of investment, empowering them to earn rewards by making daily price predictions.
The platform launches new challenges every week to ensure enjoyment and participation. The overall goal of the ecosystem is to foster community engagement. It is a price prediction contest rooted in a staking system that requires users to lock their $GBTC tokens for short periods of time.
As a result of the staking, investors believe 10x returns are on the table as the reduced circulation on the open market will cause a supply shock for newcomers, forcing them to pay higher prices for $GBTC to participate in Gamified Green Staking.
Gamified Green Staking Set to Deliver Exponential Rewards
Gamified Green Staking allows users to stake their $GBTC tokens to forecast the next day’s price movement in Bitcoin.
Those casting predictions that land in the green ozone are rewarded with a proportionate share of the daily staking reward pool.
The rewards earned are proportionate to the level of investment made and the duration of staking in the ecosystem.
The team has allocated a whopping 27% of the total supply to provide rewards in this incentivized staking ecosystem, ensuring participants can earn rewards for at least two years.
The presale will be selling a total of 40% of the total $GBTC supply to investors.
Of the remaining supply, 27.5% is reserved for staking rewards, 17.% is set aside for marketing purposes, and 5% to provide community rewards for long-term engagement.
The final 20% is earmarked to add liquidity to decentralized and centralized exchanges, ensuring a smooth trading environment for all participants.
Place Predictions Before 11:30 PM EST
Users must cast their forecasts by 11:30 PM EST to qualify for the daily price predictions.
At midnight, the system will tally all the day’s stakes and compare them with the actual price of Bitcoin for that day.
Those placing accurate predictions then stand to earn a share of the mining fee rewards for that day.
The mining fee rewards are distributed at ten-minute intervals, keeping the ecosystem in line with the original Bitcoin block reward schedule.
Winning users can claim the aggregate of their daily rewards every 24-hour cycle from the system’s dashboard.
Best of all, those committing themselves to the ecosystem for extended periods of time stand to earn a bonus on top of their daily regular rewards as recognition for their extended support of the platform.
As a result, those staking their $GBTC for at least a week earn an additional 5% on top of their day’s reward for accurate predictions.
Stakers who committed more than a week are further rewarded with an additional 10% bonus.
Those confident enough to stake for at least six months will earn a 15% boost.
Get Positioned Today as Prices Are Rising Fast
The presale continues to grow momentum after crossing the $420,000 milestone this week.
It seems investors expect enormous returns for the token once it launches, considering that participants have to lock their tokens away to earn rewards through the ecosystem.
The presale uses a rising pricing strategy, which sees the cost of $GBTC increasing during subsequent presale stages.
As a result, those getting positioned earlier benefit the most as they get positioned at lower prices.
The presale is currently selling $GBTC for $0.3634.
With the listing price of $GBTC set at $0.6, this provides an outstanding unrealized return once the token is listed on CEXs and DEXs in the industry.
However, many investors are estimating 10x returns on their investment once the first set of Bitcoin price forecasts are launched.
Overall, Gamified Green Staking is a novel concept in the crypto world, allowing users to earn rewards to predict the price of Bitcoin.
Buy $GBTC Today.
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