In an ambitious move, the new crypto project Bitcoin BSC ($BTCBSC) has begun its token presale, intending to repeat the Bitcoin bull run.
The project launch comes off of the heels of a string of recent Bitcoin derivative projects, such as Bitcoin Cash, BTC 2.0, and BTC20 – which provided well over 5x returns for early adopters.
Deployed on the Binance Smart Chain, $BTCBSC provides users the potential for a passive income through its staking mechanism that mirrors the original Bitcoin block reward schedule.
Furthermore, the project stands out from its competition as its green staking approach and dApp integration ecosystem provide a wide move for expansion ahead.
What you'll learn 👉
Completely Fair $BTCBSC Presale Distribution Designed to Foster Strong Community Presence
The exciting launch strategy surrounding Bitcoin BSC pays homage to the early version of Bitcoin with the goal of giving investors another chance to ride the Bitcoin bull run.
The project just kicked off its presale phase, allowing investors to purchase Bitcoin BSC at the price of $0.99.
Initially, four million $BTCBSC will be sold with a soft cap set at $4 million, allowing investors to get into the upgraded version of Bitcoin for less than a dollar.
Once the soft cap is hit, the development team will provide an oversupply of 2.125 million $BTCBSC.
As a result, the total presale supply mirrors the supply and price of $BTC back in April 2011.
According to the $BTCBSC whitepaper, any unsold presale tokens will be sent to the staking rewards pool to increase the earning potential for early adopters and reduce the supply available on the open market.
With this approach, the team aims to foster a strong community presence, where individuals are encouraged to get positioned early and take advantage of the staking rewards.
Eco-Friendly Staking Setup Helps to Incentivze Diamond Hands and Long-Term Holding
At the core of the $BTCBSC project lies a revolutionary staking mechanism that provides token holders the potential to earn a passive income stream.
Using a Proof-of-Stake (PoS) consensus mechanism, the staking provides an avenue for “greener mining” compared with the energy-intensive Bitcoin Proof-of-Work (PoW) consensus mechanism.
Following the presale, 14.875 million $BTCBSC tokens will be locked into the secure and immutable staking contract.
Investors who choose to stake their $BTCBSC can stand to earn a share of these rewards each time a new block is validated on the original Bitcoin blockchain.
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Show more +The more $BTCBSC staked from a user, the higher the percentage of rewards they stand to earn – incentivizing long-term participation in the project.
The best part is that stakers won’t need to own any expensive mining equipment or computer hardware to benefit from Bitcoin BSC’s stake-to-earn protocol – making it highly accessible to a broader audience.
As a result, Bitcoin BSC holders can earn recurring rewards while supporting an ESG-friendly and green blockchain ecosystem.
Will the Staking Protocol Cause a Shortage on the Open Market?
The staking protocol is interesting because most of the total supply will already be locked in the staking contract when the token launches.
In fact, only 30% of the total supply will be made available for purchase during the presale. The remaining supply will be locked in the staking contract to provide rewards for the next 120 years according to the original Bitcoin block schedule.
As a result, analysts believe this mechanism will help to facilitate speedy growth for $BTCBSC, as there will be a huge shortage of tokens available to be purchased on the open market once launched.
Therefore, traders entering the token after the presale will be forced to pay higher prices well above $0.99 to get positioned in $BTCBSC, as there won’t be many tokens available to buy as investors from the presale are likely to lock them away for passive income.
This staking setup has worked very well with other projects, such as BTC20, which managed to provide presale investors with up to 500% returns once the project launched.
Binance Smart Chain Provides Unique Powers
With Bitcoin BSC being deployed on the Binance Smart Chain, the project unlocks a wide range of benefits that were once unavailable to the original Bitcoin.
For example, Bitcoin BSC is easily integrated into all of the major wallet providers, such as MetaMask and Trust Wallet – increasing the accessibility for crypto investors.
In addition, Binance Smart Chain is built on the same codebase as Ethereum, allowing for the same security and technology. As a result, thousands of dApps built on the Ethereum blockchain can easily be integrated into the Bitcoin BSC ecosystem, leading to a wide range of exciting use cases.
Furthermore, the groundbreaking stake-to-earn protocol wouldn’t be achievable on the original Bitcoin protocol, adding another layer of innovation that helps Bitcoin BSC to stand out.
Combined, these factors have helped to create a palpable buzz around $BTCBSC, even though it just launched its presale very recently.
The Twitter and Telegram channels for the project have seen an influx of new members, with investors eager to learn more about their team and their ambitious roadmap.
Overall, Bitcoin BSC has already created a respectable level of hype for its project as the excitement starts to bubble on the social media circle.
Welcome to #BitcoinBSC!🪙
— Bitcoinbsc (@Bitcoinbsctoken) September 5, 2023
The green BEP-20 version of #Bitcoin on BNB Smart Chain, taking you back to Bitcoin's 2011 roots!
Stake $BTCBSC and earn rewards.
Don't miss it – join the #Presale today!🚀
https://t.co/oM0YP8IlbV pic.twitter.com/vJjLltzQQG
With the presale currently underway, the stage is set for massive growth ahead as the crypto community starts to get positioned in this new ecosystem with a promising long-term future ahead of itself.
Priced at just $0.99, the presale isn’t expected to last very long before $BTCBSC launches, so investors are encouraged to get positioned as early as possible or face the pain of higher prices once the token launches on exchanges and trends across the industry.
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