London, UK, March 12, 2024, Chainwire
The cryptocurrency market has been within the highlight over the previous few hours as Bitcoin has surpassed $70,000. The world's largest cryptocurrency reached an all-time excessive of $72,377 earlier than falling again barely.
Bitcoin's rise has been additional fueled by large demand from firms like MicroStrategy, which not too long ago raised $800 million by a convertible debt providing to purchase extra Bitcoin.
Whereas BTC is clearly the recent subject, a brand new challenge known as Inexperienced Bitcoin (GBTC) can be making waves, elevating over $3.2 million in an ongoing presale.
Inexperienced Bitcoin raises $3.2 million in high-profile presale, providing 'greener' crypto method
Inexperienced Bitcoin has now raised a powerful $3.2 million in simply the preliminary phases of its token presale occasion.
Because the identify suggests, the core premise of this challenge is to supply publicity to the cryptocurrency market by an environmentally pleasant 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 native GBTC tokens and earn rewards by precisely predicting Bitcoin value actions.
This basically combines Bitcoin's heritage and model recognition with greener know-how, permitting GBTC holders to earn common rewards. As of in the present day's date, the bottom staking charge for GBTC holders is 140% per 12 months.
Moreover, GBTC stakers can earn bonuses on prime of this charge if the BTC value prediction falls inside a sure “inexperienced zone”.
Customers are additionally flocking to Inexperienced Bitcoin’s Telegram channel to study extra in regards to the challenge and work together with the group.
A complete of 40% of the entire provide of GBTC shall be allotted for pre-sale purchasers. The group expects progress and momentum to proceed within the second quarter of 2024.
About Inexperienced Bitcoin
Inexperienced Bitcoin (GBTC) is a cryptocurrency on the Ethereum chain that gives a greener and extra sustainable different to Bitcoin, with staking rewards for holders and a novel 'predict your win' factor, together with weekly challenges. A brand new crypto challenge.
The Inexperienced Bitcoin challenge was launched in late 2023 with a pre-sale onerous cap goal of $7 million and has raised over $3 million so far, with 63% of buyers selecting to stake their holdings. The GBTC sensible contract has been audited by Coinsult and the token has been featured in distinguished publications corresponding to Cointelegraph.
Entry Inexperienced Bitcoin Presale
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