Predict-to-earn is back with Green Bitcoin’s new Gamified Green staking ecosystem that provides exponential rewards for users accurately predicting the price of Bitcoin.
The novel staking ecosystem is quickly gaining popularity after its presale raised an impressive $400,000 in its first few weeks of operation.
The building momentum demonstrates the confidence of investors in the platform as they seek long-term passive rewards that are scaled to investment.
Here’s everything you need to know.
Green Bitcoin Brings Back Predict-to-Earn
Green Bitcoin is bringing back the predict-to-earn mechanism through its Gamified Green Staking ecosystem to reward users for Bitcoin price predictions.
The platform is 10,000 times more eco-friendly than Bitcoin by combining Ethereum’s eco-friendly proof-of-stake consensus mechanism with the legacy of Bitcoin.
As a result, Green Bitcoin has gamified Bitcoin price predictions through a staking model that incentivizes engagement and creates scarcity for the $GBTC token on the open market following the presale.
It seems that investors are eager to become early adopters of the platform, with many suggesting that 10x returns are possible following the presale.
The fundraising has already crossed the $400,000 milestone, demonstrating the level of excitement that’s already developing in just a few days of being live.
Gamified Green Staking Incentivizes Ecosystem Participation
Gamified Green Staking is designed to incentivize long-term participation in the ecosystem, allowing stakers to cast Bitcoin price predictions to earn rewards.
The gamified system empowers holders to make daily Bitcoin price predictions, with new challenges being launched every week to add a new dynamic to participants.
The price predictions are rooted in the staking system that requires users to lock $GBTC tokens for short periods of time.
As a result, this removes them from circulation on the open market, forcing newcomers to purchase $GBTC at higher prices following the presale.
After staking, users are free to cast the next day’s price prediction, with successful forecasts being rewarded with a proportionate share of the daily staking reward pool.
Best of all, the rewards earned depend on the investment level and the token staking lock duration.
The team has allocated 5.8 million $GBTC (27% of the total supply) to provide rewards for the incentivized staking over the next two years.
How do you place Bitcoin price forecasts for rewards?
All forecasts must be placed by 11:30 PM EST to be eligible for the current day’s rewards.
The next round of predictions starts at midnight, allowing participants to place their next forecast for the following day.
The smart contracts behind the platform tally the day’s stakes against the price of Bitcoin at midnight.
All accurate predictions earn a share of the day’s mining fee rewards, which are distributed by the smart contract to winners at every ten-minute integral – in line with the original Bitcoin block reward schedule.
Users can claim the aggregate of their total rewards every 24 hours.
To show appreciation for long-term participants, those staking their $GBTC for longer periods of time stand to earn a bonus on top of their regular daily rewards as recognition of their extended commitment to the ecosystem.
As a result, those staking $GBTC for at least a week earn an additional 5% bonus on their winnings.
Those staking for a month or more earn even more, with an additional 10% bonus being granted on top of their winnings.
Six-month stakers are rewarded the most as they receive a 15% bonus.
The staking system is designed to foster long-term participation and engagement in the ecosystem, restricting tokens from the open market and creating value appreciation for holders alongside the passive daily rewards.
Presale Continues Rapid Momentum, Get Positioned Today Before It’s Too Late
The presale for Green Bitcoin continues to flourish after crossing the $400,000 milestone mark today.
Those participating in the presale are entitled to stake their $GBTC tokens and earn an additional 100% APY on their holdings – adding another reason to get positioned as an early adopter.
The presale will be selling 40% of the total token supply. The remaining supply is split as follows;
- Staking rewards 27.5%
- Marketing 17.5%
- DEX 10%
- CEX 10%
- Community Rewards 5%
It’s important to note that the presale uses a rising pricing structure, meaning the cost of the token increases during subsequent presale stages.
The current stage is selling $GBTC for $0.3634.
With the listing price set at $0.6, this provides exceptional returns for early adopters of the token.
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