Green Bitcoin raised $700,000 as investors rushed into gamified green staking expecting 50x profits.

Green Bitcoin ($GBTC) pre-sales continue to shine after surpassing $700,000 this week.

Investors are rushing to the Gamified Green Stake concept behind the project, which allows users to earn rewards for accurate Bitcoin price predictions.

Some had expected a 50x return for the project as the staking concept would likely create a supply shock in the open markets, forcing newcomers to pay higher prices to participate in Gamified Green Stake.

Here’s everything you need to know about this eco-friendly Bitcoin price prediction ecosystem.

Green Bitcoin raises $700K as pre-sale hype grows.

Hype for the Green Bitcoin presale continues to grow even after the project surpassed its $700,000 goal today.

Green Bitcoin is a project that allows users to predict the price of Bitcoin and earn huge long-term rewards for their accuracy.

This project combines the legacy of Bitcoin and the eco-friendly blockchain of Ethereum to create a passive income ecosystem.

Passive income is generated through the Gamified Green Stake project’s unique staking model that provides rewards based on the user’s investment level.

Let’s look at this concept in more detail.

Gamified Green Staking Rewards Users for Accurate Bitcoin Price Predictions

Gamified Green Stake is a unique staking model that rewards participants exponentially with new live weekly challenges and 100% token bonuses.

This concept allows users to earn rewards through daily price predictions. This price prediction content is rooted in the concept of staking, which requires users to lock up their $GBTC tokens for a short period of time.

Once staked, users can make predictions about the next day’s price movement, with successful predictions being rewarded with a proportional share of the daily staking reward pool.

The team allocated a whopping $5.8 million in GBTC, approximately 27% of the total supply, to guarantee rewards in the incentivized staking ecosystem for the next two years.

The idea behind this concept is to promote long-term participation and activity within the ecosystem.

All users must make their predictions by the deadline of 11:30 PM EST.

At midnight, the platform calculates that day’s prediction of the actual Bitcoin price trend and rewards accurate predictions by taking a cut of that day’s mining fee rewards.

Interestingly, mining fee rewards are distributed every 10 minutes according to the existing Bitcoin block schedule.

Users can claim their total rewards every 24 hours.

Do incentives for long-term holding cause supply shocks?

Investors expect early adopters of $GBTC to reap 50x returns as they believe the unique staking concept could create a supply shock to the public markets following the pre-sale.

They believe that a supply shock will occur as most users will lock their $GBTC tokens into the ecosystem to participate in Gamified Green Staking to earn rewards.

There are also incentives for people to use the system for longer periods of time. For example, those who have staked tokens for more than a week are eligible to receive a 5% bonus on top of their regular daily staking rewards.

There are even higher rewards for monthly stakers who receive a 10% bonus and 6-month stakers who receive a 15% boost in daily rewards.

Therefore, investors believe that an incredibly high percentage of the total circulating supply will be locked in the ecosystem, leaving very little $GBTC available for purchase on the open market.

As a result, newcomers will likely have to pay higher prices for $GBTC after the pre-sale.

Grab your spot today before prices rise further

The pre-sale provides the perfect opportunity to take a position in $GBTC at the lowest possible price.

Pre-orders sell 40% of the total quantity. Of the remaining supply, 27.5% is reserved for staking rewards and 17.5% is reserved for marketing. An additional 20% is then reserved to add liquidity to centralized and decentralized changes, and an additional 5% is allocated to community rewards.

Pre-sales are progressing quickly and the price increase strategy means higher costs for $GBTC.

Currently, those who purchase $GBTC can purchase the token for $0.4329. However, in just a few days the price will rise.

Overall, the rapid growth of $GBTC presales demonstrated its ability to deliver outstanding returns to investors in 2024.

The ecosystem is likely to thrive, and the price is likely to rise significantly once the platform is fully launched and users begin receiving rewards from the Gamified Green Stake ecosystem.

Check out Green Bitcoin