In an ambitious move, the new crypto project BTC20 ($BTC20) has embarked on its token presale, aiming to recreate the early days of Bitcoin.
Hosted on the Ethereum blockchain, BTC20 ($BTC20) will boast a unique stake-to-earn setup that provides passive income potential for all token holders.
Not only that, but BTC20’s green approach and potential for decentralized application (dApp) integration set it apart from most other new projects in the crowded crypto market.
Fair $BTC20 Presale Distribution Fosters Strong Community Engagement
BTC20’s exciting launch strategy pays homage to Bitcoin, aiming to give investors a taste of the original coin’s historic gains.
The developers have just launched a presale phase to kickstart the project, aiming to recreate the enthusiasm of Bitcoin’s early days, when its price eventually reached $1.
Initially, 3 million $BTC20 tokens will be available in the presale, with the soft cap set at $3 million.
Investors can purchase $BTC20 for just $1 per token – and once the soft cap has been hit, the development team intends to provide an “oversupply” of 3.05 million $BTC20.
This will take the total presale allocation to 6.05 million $BTC20, mirroring an early stage of Bitcoin’s circulating supply.
Per BTC20’s whitepaper, any unsold presale tokens will be added to the staking rewards pool, increasing earning potential for early adopters.
Through this setup, BTC20’s thoughtfully-designed presale pays homage to Bitcoin’s history while prioritizing community engagement.
With this approach, the developers aim to foster organic growth through this presale, ensuring that every investor has a stake in the project’s future success.
Visit BTC20 Presale
Eco-Friendly Staking Setup Incentivizes Long-Term $BTC20 Holding
At the core of the BTC20 project lies an innovative staking system that allows token holders to generate a passive income stream.
Leveraging a Proof-of-Stake (PoS) consensus protocol, this setup is designed to be highly energy-efficient relative to Bitcoin’s Proof-of-Work (PoW) setup.
According to a report by FTSE Russell, PoS systems consume over 99% less energy than PoW systems – making them much more eco-friendly.
Following BTC20’s presale, 14.95 million $BTC20 tokens will be locked into a staking contract.
Users who decide to stake their $BTC20 will receive a share of these rewards each time a new block is validated on the Ethereum blockchain.
Importantly, the more tokens a user stakes, the higher the percentage of rewards they’ll earn, incentivizing long-term participation in the project.
Not only that, but users don’t require any expensive mining equipment or computing hardware to benefit from BTC20’s stake-to-earn protocol, making it much more accessible than Bitcoin’s mining setup.
As such, BTC20 holders can earn recurring rewards while supporting a green blockchain ecosystem – a factor that’s contributing to the growing buzz around the project.
Leveraging Ethereum Powers BTC20 Excitement
By building on Ethereum’s blockchain infrastructure, BTC20 unlocks an array of benefits unavailable to the original Bitcoin.
For example, integration with widely-used Ethereum wallets like MetaMask provides increased accessibility for crypto investors.
It also provides scope for $BTC20 to be integrated into thousands of dApps built on the Ethereum blockchain, leading to new and exciting use cases.
Moreover, BTC20’s stake-to-earn protocol would not be possible using the original Bitcoin protocol, adding another layer of innovation that makes the project stand out.
These factors have combined to help create a palpable buzz around BTC20, even though it is still in the early stages of its life cycle.
BTC20’s Twitter page and Telegram channel have welcomed an influx of new members, with investors eager to learn more about the development team’s ambitions.
Not only that, but crypto influencers have also begun taking note of BTC20’s potential – with leading YouTuber Jacob Bury stating that it could be a “10x potential Bitcoin alternative”.
This early excitement highlights BTC20’s appeal, validating its ambitious vision for the future.
With the presale now underway, the stage is set for major growth as the crypto community gets on board with this promising new ecosystem.
Visit BTC20 Presale
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Source: https://cryptopotato.com/stake-to-earn-btc20-token-presale-goes-live-aims-to-repeat-bitcoin-bull-run/