Green Bitcoin ($GBTC) is a new eco-friendly and sustainable cryptocurrency that is a viable alternative to Bitcoin.
At 1 PM UTC on Thursday, April 4, 2024, Green Bitcoin will list on the Uniswap decentralized exchange. This revolutionary crypto introduces a predict-to-earn model, where token holders can engage in gamified green staking and earn rewards depending on BTC price movements.
The DEX listing follows an impressive presale campaign, where Green Bitcoin raised a massive $9.6 million in only one month. The project will announce its centralized exchange listing on April 10, 2024, and list the token the following day.
Upcoming gamification protocol announcements and the Bitcoin halving can make Green Bitcoin one of the top cryptos to watch in 2024.
Green Bitcoin is 10,000 Times More Sustainable than Bitcoin
Despite being the largest crypto asset in the world, Bitcoin is questioned due to its unsustainable approach. Based on the proof-of-work (PoW) consensus, the cryptocurrency uses high amounts of computing power and energy to mine new tokens.
In 2023, 121.13 terawatt-hours of electricity was used to mine Bitcoin. For comparison, the entire country of Netherlands used just 121.6 terawatt-hours of electricity in 2022. Green Bitcoin presents itself as a much more energy-efficient option, as it is built on the sustainable proof-of-stake (PoS) consensus.
According to the Green Bitcoin whitepaper, it is 10,000 times more eco-friendly than Bitcoin since it adopts the PoS mechanism. However, it does follow Bitcoin’s path by adopting similar tokenomics – comprising 21 million tokens.
The lower supply helps promote scarcity, giving the cryptocurrency a better chance to trade upwards with increased demand.
Green Bitcoin’s Price Prediction Model
Green Bitcoin also offers utility through the $GBTC token. Based on the PoS consensus, Green Bitcoin offers high staking yields to $GBTC token holders.
More than 8 million tokens were purchased during the presale and have been staked on the smart contract. Not only does staking $GBTC offer high APYs (Annual Percentage Yields), but gives access to Green Bitcoin’s innovative predict-to-earn game.
Through this game, you can actually earn tokens by predicting the BTC price. Every day, staked token holders forecast the BTC token price to rise or fall. You earn $GBTC for all your successful predictions. Depending on the length of your staking period, Green Bitcoin offers an additional 5% – 15% bonus.
The Bitcoin Halving Can Push Demand for Green Bitcoin
Since the beginning of 2024, Bitcoin offered huge growth. From a price of $42,000 on January 1st, Bitcoin broke its previous all-time highs, touching the $73,000 mark.
With the upcoming Bitcoin halving in April 2024, Bitcoin could continue its staggering growth. Scheduled for April 19th, Bitcoin’s fourth halving event will once again slash the miner’s rewards by 50%.
Through BTC mining, miners solve computational algorithms to release new tokens into circulation. With the upcoming reward slashing, Bitcoin will become an even scarcer commodity.
According to supply-demand economics, the demand builds with reduced supply, leading to a potential price increase. This is why many analysts expect Bitcoin to become a more valuable token in 2024 and beyond.
While Bitcoin is already a very expensive commodity, one could benefit from the token price through Green Bitcoin’s price prediction game. This is a good alternative to make rewards and earn high yields simultaneously.
With the new DEX listing and upcoming CEX listing to follow, Green Bitcoin will be easily available to millions of customers. According to Green Bitcoin’s recent tweet, the platform is set to launch a new gamification protocol by April 18, 2024.
Get in early and Buy Green Bitcoin Now
Source: https://www.cryptopolitan.com/green-bitcoin-launches-on-uniswap-dex-after-raising-over-9m-ahead-of-cex-listing/