Crypto
Which Cryptocurrency Will Kindle the First Bull Run of 2024? Investors Are Betting on Green Bitcoin | NewsBTC
Green Bitcoin has quickly become one of the hottest cryptocurrencies of this month. The token presale of $GBTC is currently moving forward at a fast pace, hinting at an early sell-out. If that’s any sign, the token launch of $GBTC will kindle the first bull run of 2024.
Bitcoin’s growth is unstoppable, and Green Bitcoin is on board!
Combining Bitcoin’s strength with eco-friendly practices, we’re heading to an unprecedented crypto era. Be part of it! pic.twitter.com/qhFNkrP8tP
— GreenBitcoin (@GreenBTCtoken) December 23, 2023
A Gamified Staking System
Tailored for beginners as well as experts, Green Bitcoin’s gamified staking system is open to a diverse group of participants. Staking $GBTC tokens and participating in daily price prediction challenges is a straightforward process without any complications.
If you have experience in staking, it should be easy. If you don’t, all it takes is to follow the instructions on the website.
The tricky part, of course, is making predictions. Your success rate depends on market knowledge and research. Your market insights as well as instinct about the outcome of events are key to honing your predictions. The closer your prediction is to the outcome, the higher your chance of bagging the rewards.
In the initial stage, the prediction challenges will revolve around the price of Bitcoin. But as the project expands, so will the territory of predictions. It will begin to cover more assets and events, bringing diverse participants into the picture.
Predict-to-earn vs. Gaming vs. Gambling vs. Trading
Predict-to-Earn challenges are designed to reward the perfect blend of intuition, market expertise, and skillful analysis. It stands apart from gaming, gambling, as well as trading.
For example, it’s accessible to everyone and doesn’t have technical barriers like gaming which caters to specific age demographics. It doesn’t rely on user manipulation as seen in games of chance. Moreover, it is devoid of the complexity and high risks of trading, further lowering the entry barrier. At the same time, it gives users exposure to the volatility of the broader market.
Real-world event outcomes are not prone to manipulation. As a result, users who make near-accurate predictions are rewarded based on the outcomes, leaving no room for fraud. Predict-to-earn challenges are more transparent and trustworthy for this reason.
All of the features discussed above make Green Bitcoin appealing to a diverse audience. Accessibility, inclusivity, and engagement ingrained into the gamified staking system position Green Bitcoin for potential mainstream adoption.
Quantity and Duration Matter
The ‘green’ in the project’s name emphasizes its dedication to environmental causes. Choosing the Ethereum blockchain, Green Bitcoin ensures an eco-friendly blockchain experience for users. Moreover, the upcoming collaborations with eco-friendly tech firms will allow the project to reinforce its commitment to the ‘green’ tag.
The project incentivizes quantity-based staking, where higher stakes yield higher potential earnings. Along with that, it rewards long-term staking with greater returns, as part of fostering price stability and sustained growth over time.
What Does the Road Ahead Look Like for Green Bitcoin?
In the first stage, Green Bitcoin will conduct the presale of $GBTC. Funds raised from the presale will be used for tech and marketing, laying a strong foundation for the project’s journey ahead.
Staking and predict-to-earn challenges will soon go live, with attractive rewards up for grabs. These mechanisms will be integral to building and nurturing engagement in the community.
In the next stage, after the presale ends, the token will make its way toward Ethereum DEXs. A share of the token supply is locked to make sure that the trading is smooth, fair, and decentralized without any hiccups.
The project will continue to build and expand its predict-to-earn ecosystem in the next stages. The diverse challenges hosted on the platform will allow users to earn by staking and playing weekly price prediction games. Since the entry barriers to the game are low, beginners and experts will be encouraged to join the games.
The predict-to-earn platform will drive organic demand for Green Bitcoin over time with its frequent challenges, thus establishing strong price action.
Green Bitcoin Affiliate Program is now LIVE!
1. Generate a unique affiliate link
2. Share with friends
3. Receive 20% back in USDT for every referral purchase made!With Green Bitcoin, there are many ways to earn.
Join today at https://t.co/wm9lhoecci pic.twitter.com/9So2OJHSex
— GreenBitcoin (@GreenBTCtoken) December 21, 2023
How to Join the Green Bitcoin Presale
The ongoing Green Bitcoin presale provides the best chance to get hold of $GBTC at low prices before the token launch. After the token is listed on crypto exchanges, its price will be determined by the market.
In addition to organic demand from the underlying predict-to-earn ecosystem, FOMO and speculation from the Bitcoin tag will power the price action of the token.
The presale supports purchases in cryptocurrencies as well as fiat currencies using bank cards. The best part is, early investors can stake their tokens during the presale stage to earn rewards.
Purchased tokens will be up for claiming once the presale ends.
To buy Green Bitcoin with cryptocurrencies, you can use ETH or USDT. Make sure you have enough ETH to cover gas fees. Whether you’ve bought the tokens using cryptocurrency or fiat currency, you can stake your tokens on the staking dashboard.
BUY $GBTC FOR THE PRESALE PRICE
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, was sentenced on Thursday to 15 years in prison for for what a judge called an “epic fraud.”
U.S. District Judge Paul A. Engelmayer, who handed down the sentence, sharply rebuked Kwon for repeatedly lying to everyday investors who trusted him with their life savings.
“This was a fraud on an epic, generational scale. In the history of federal prosecutions, there are few frauds that have caused as much harm as you have, Mr. Kwon,” Engelmayer said during a hearing in Manhattan federal court.
Kwon, 34, who co-founded Singapore-based Terraform Labs and developed the TerraUSD and Luna currencies, previously pleaded guilty and admitted to misleading investors about a coin that was supposed to maintain a steady price during periods of crypto market volatility.
He is one of several cryptocurrency moguls to face federal charges after a slump in digital token prices in 2022 prompted the collapse of a number of companies.
Dressed in yellow prison garb, Kwon addressed the court and apologized to his victims, including the hundreds who submitted letters to the court describing the harm they had suffered.
“All of their stories were harrowing and reminded me again of the great losses that I’ve caused. I want to tell these victims that I am sorry,” Kwon said.
Ayyildiz Attila, one of the hundreds of victims who submitted letters to the court, said he lost between $400,000 and $500,000 in the collapse.
“My savings, my future, and the results of years of sacrifice disappeared. I struggled to keep up with payments and responsibilities, and everything I had worked forwas erased,” Attila said.
Kwon’s lawyer Sean Hecker said in an email after the sentencing that Kwon spoke from the heart, expressed genuine remorse and will continue his efforts to make amends.
US Attorney Jay Clayton in Manhattan said in a statement following the hearing that Kwon devised elaborate schemes to inflate the value of his cryptocurrencies and fled accountability when his crimes caught up to him.
Prosecutors had asked for a sentence of at least 12 years in prison, saying the crash of Kwon’s Terra cryptocurrency caused billions of dollars in losses and triggered a cascade of crises in the crypto market.
Kwon’s lawyers had asked that he be sentenced to no more than five years so he can return to South Korea to face criminal charges.
Prosecutors charged Kwon in January with nine criminal counts for securities fraud, wire fraud, commodities fraud and money laundering conspiracy.
Kwon was accused of misleading investors in 2021 about TerraUSD, a so-called stablecoin designed to maintain a value of $1. Prosecutors alleged that when TerraUSD slipped below its $1 peg in May 2021, Kwon told investors a computer algorithm known as “Terra Protocol” had restored the coin’s value.
Instead, Kwon arranged for a high-frequency trading firm to secretly buy millions of dollars of the token to artificially prop up its price, according to charging documents.
Kwon pleaded guilty in August to two counts, conspiracy to defraud and wire fraud, and apologized in court for his conduct.
“I made false and misleading statements about why it regained its peg by failing to disclose a trading firm’s role in restoring that peg,” Kwon said at the time. “What I did was wrong.”
Kwon agreed in 2024 to pay $80 million as a civil fine and be banned from crypto transactions as part of a $4.55 billion settlement he and Terraform reached with the Securities and Exchange Commission.
He also faces charges in South Korea. As part of his plea deal, prosecutors will not oppose Kwon’s potential application to be transferred abroad after serving half his US sentence.
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