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London, United Kingdom, March twelfth, 2024, Chainwire
All eyes have been on the crypto market previously few hours as Bitcoin broke by $70,000. The world’s largest crypto reached a recent all-time excessive of $72,377 earlier than pulling again barely.
Bitcoin’s rally has been charged additional by huge demand from companies like MicroStrategy, which just lately raised $800 million by a convertible observe providing to buy extra Bitcoin.
Whereas BTC is clearly the recent matter, a brand new undertaking referred to as Inexperienced Bitcoin (GBTC) can be producing buzz by elevating over $3.2 million in its ongoing presale.
Inexperienced Bitcoin Raises $3.2M in Purple-Scorching Presale & Gives “Greener” Crypto Method
Inexperienced Bitcoin has now raised a staggering $3.2 million in simply the preliminary levels of its token presale occasion.
As its identify suggests, the undertaking’s core premise is to supply publicity to the crypto market by an eco-friendly lens.
Inexperienced Bitcoin is constructed on Ethereum’s energy-efficient Proof-of-Stake (PoS) blockchain as a greener different to Bitcoin’s Proof-of-Work (PoW) mining mannequin.
The builders have designed an ingenious “Gamified Staking” system that permits customers to stake the native GBTC token and earn rewards primarily based on precisely predicting Bitcoin’s value actions.
It basically combines the legacy and model recognition of Bitcoin with greener know-how whereas permitting GBTC holders to earn recurring rewards. The bottom staking charge for GBTC holders is 140% per yr, as per as we speak’s date.
Furthermore, GBTC stakers can earn bonuses on high of this charge if their BTC value predictions fall inside sure “inexperienced zones.”
Customers have additionally been piling into Inexperienced Bitcoin’s Telegram channel to study extra concerning the undertaking and interact with the workforce.
A complete of 40% of the entire GBTC provide is earmarked for presale patrons. The workforce hopes the expansion and momentum continues in Q2 2024.
About Inexperienced Bitcoin
Inexperienced Bitcoin (GBTC) is a brand new crypto undertaking on the Ethereum chain offering a extra eco pleasant, sustainable different to Bitcoin, alongside staking rewards for holders and novel ‘predict to earn’ parts together with weekly challenges.
The Inexperienced Bitcoin undertaking launched in late 2023 with a presale arduous cap goal of $7 million, with over $3 million raised to date and 63% of buyers opting to stake their holdings. The GBTC sensible contract has been audited by Coinsult and notable publications comparable to Cointelegraph have featured the token.
Go to Inexperienced Bitcoin Presale
Contact
Inexperienced Bitcoin
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