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pre-sale for Green bitcoin ($GBTC) continues to shine after crossing the $700,000 milestone this week.
Investors are rushing to adopt the Gamified Green Staking concept behind the project, which allows users to earn rewards for accurate bitcoin price predictions.
Some anticipated 50x returns for the project as its staking concept will likely cause a supply shock on the open market, forcing newcomers to pay higher prices to get involved in Gamified Green Staking.
Here you will find everything you need to know about this ecological bitcoin price prediction ecosystem.
Green bitcoin Raises $700,000 as Pre-Sale Excitement Grows.
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The excitement behind the Green bitcoin pre-sale continues to grow after the project surpassed the $700,000 milestone today.
Green bitcoin is a project that allows its users to predict the price of bitcoin and earn huge long-term rewards for their accuracy.
The project combines the legacy of bitcoin with the ecological blockchain of ethereum to give rise to a passive income ecosystem.
Passive income is generated through the unique staking model behind the Gamified Green Stake project, which provides rewards scaled to the user's investment level.
Let's look at this concept a little closer.
Gamified Green Staking Rewards Users for Accurate bitcoin Price Predictions
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Gamified Green Staking is a unique staking model that exponentially rewards participants along with new weekly live challenges and 100% token bonuses.
The concept allows users to make daily price predictions to earn rewards. These price prediction contents are based on the staking concept that requires users to lock $GBTC tokens for short periods.
Once staked, users can cast their prediction for the next day's price movement, and successful predictions are rewarded with a proportional share of the daily staking reward pool.
The team has allocated a whopping $5.8 million GBTC (around 27% of the total supply) to secure rewards in the incentivized staking ecosystem over the next two years.
The idea behind the concept is to encourage long-term engagement and activity within the ecosystem.
All users must submit their predictions by the 11:30 pm EST deadline.
At midnight, the platform will calculate the day's predictions against the actual bitcoin price trend and reward accurate forecasts with a portion of the day's mining fee rewards.
Interestingly, mining fee rewards are distributed every ten minutes, according to bitcoin's legacy block schedule.
Users can claim their total rewards every 24 hours.
Does an incentive for long-term holdings generate a supply shock?
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Investors predict 50x returns for early adopters of $GBTC as they believe the unique staking concept can potentially create a supply shock in the open market after the pre-sale.
They believe that a supply shock will be created as most users will lock their $GBTC tokens in the ecosystem to participate in Gamified Green Staking and earn rewards.
Additionally, there are incentives for those who commit to the system for longer periods of time. For example, those who stake their tokens for more than a week are entitled to a 5% bonus on top of their regular daily rewards.
There are even bigger rewards for monthly players, who get a 10% bonus, and six-month players, who get a 15% boost to their daily rewards.
Therefore, investors believe that an incredibly high percentage of the total circulating supply will be trapped in the ecosystem, leaving few $GBTC available on the open market to be purchased.
As a result, this is likely to force newcomers to pay higher prices for $GBTC after the pre-sale.
Position today before prices rise further
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The pre-sale provides the perfect opportunity to position yourself in $GBTC at the lowest possible prices.
In the pre-sale, 40% of the total offer is sold. Of the remaining supply, 27.5% is reserved for staking rewards and 17.5% for marketing. Another 20% is then set aside to add liquidity to centralized and decentralized exchanges, with an additional 5% allocated for community rewards.
The pre-sale is progressing rapidly and the rising price strategy means that $GBTC costs are rising.
Those currently purchasing $GBTC can purchase the token for $0.4329. However, the price will increase in just a few days.
Overall, the rapid pre-sale growth of $GBTC demonstrated its ability to provide exceptional returns to investors in 2024.
The ecosystem is likely to flourish and prices will increase significantly once the platform is fully launched and users start earning rewards from the Gamified Green Staking ecosystem.
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