London, United Kingdom, March 12, 2024, Chainwire
All eyes have been on the crypto market prior to now few hours as Bitcoin broke by means of $70,000. The world’s largest cryptocurrency hit a recent all-time excessive of $72,377 earlier than retreating barely.
Bitcoin’s rally has been fueled by monumental demand from corporations like MicroStrategy, which just lately raised $800 million by means of a convertible be aware providing to purchase extra bitcoin.
Whereas BTC is clearly a sizzling matter, a brand new mission known as Inexperienced Bitcoin (GBTC) can also be producing buzz by elevating over $3.2 million in its ongoing presale.
Bitcoin Inexperienced Raises $3.2 Million in Scorching Presale, Provides ‘Greener’ Method to Cryptocurrencies
Bitcoin Inexperienced has now raised a staggering $3.2 million within the early levels of the token presale alone.
Because the title suggests, the primary premise of the mission is to offer publicity to the crypto market by means of an ecological lens.
Inexperienced Bitcoin is constructed on Ethereum’s energy-efficient Proof-of-Stake (PoS) blockchain as a greener various to Bitcoin’s Proof-of-Work (PoW) mining mannequin.
The builders designed an ingenious “Gamified Staking” system that enables customers to stake the native GBTC token and earn rewards primarily based on precisely predicting Bitcoin value actions.
In essence, it combines the legacy and model recognition of Bitcoin with a greener expertise whereas permitting GBTC holders to earn recurring rewards. The bottom betting price for GTC holders is 140% every year, as of at present.
As well as, GBTC bettors can obtain bonuses on this price if their BTC value predictions fall inside sure “inexperienced zones”.
Customers additionally flocked to Inexperienced Bitcoin’s Telegram channel to study extra in regards to the mission and be part of the workforce.
A complete of 40% of the overall VOP provide is meant for pre-sale patrons. The workforce hopes that progress and momentum will proceed into the second quarter of 2024.
About Inexperienced Bitcoin
Inexperienced Bitcoin (GBTC) is a brand new crypto mission on the Ethereum chain that gives a greener and extra sustainable various to Bitcoin, together with staking rewards for holders and new “predict the best way to earn” options, together with weekly challenges.
The Bitcoin Inexperienced Venture launched in late 2023 with a $7 million presale goal, with greater than $3 million raised to date and 63% of traders selecting to place of their stake. The GBTC sensible contract has been audited by Coinsult and the token has been featured by main publications corresponding to Cointelegraph.
Go to the Inexperienced Bitcoin Presale
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