Is It Too Late To Buy Bitcoin? New $1 Crypto Aims to Redo The BTC Bull Run – $BTC20

On Jul 19, 2023

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Priced at just $1 and on the Ethereum blockchain, BTC20 (BTC20) is a new crypto project aiming to recreate the bull cycle of Bitcoin. BTC20 introduces a fresh ERC-20 token that allows crypto enthusiasts to purchase the asset for just $1 and take advantage of staking opportunities.

By aligning BTC20 token releases with the original Bitcoin block reward mechanism, the platform offers an engaging and rewarding staking experience. This approach creates an inclusive and dynamic environment, enabling both seasoned and new investors to explore the benefits of staking and become part of the growing blockchain landscape.

With BTC20’s user-friendly interface and affordable entry point, the token opens doors for a broader audience to participate in the world of digital assets.

Earn Passive Income with BTC20

BTC20 is a fresh Proof-of-Stake (PoS) cryptocurrency token developed on the Ethereum network. It pays tribute to the original Bitcoin and introduces a passive income staking feature. Drawing inspiration from Bitcoin’s early days in April 2011, when it was priced at a mere $1 with 6.05 million tokens in circulation,

BTC20 embraces the idea that active participation leads to greater rewards. This presents a special chance for individuals to earn a significant share of rewards through their Ethereum-based staking contract.

BTC20 – Shape the Future with Staking

BTC20’s staking mechanism embodies the innovative spirit of Bitcoin, building upon its Proof-of-Work (PoW) foundations and introducing the energy-efficient Proof-of-Stake (PoS) model. Participants are rewarded in proportion to their staked tokens, allowing them to actively contribute to network security and earn staking rewards.

The staking contract acts as the hub for this mechanism, enabling users to stake their BTC20 tokens and partake in rewards distribution. After the presale, any remaining tokens are securely locked within the contract. The more BTC20 tokens staked, the higher the percentage of earned rewards, fostering a community-driven ecosystem.

Block confirmations release a predetermined number of BTC20 tokens to stakers, mirroring the gradual and fair distribution principles of Bitcoin. This staking approach spans around 120 years, resonating with Bitcoin’s timeless legacy. See our guide to the best staking platforms here.

Staking BTC20 tokens empowers users to enhance network security and earn rewards, encouraging long-term engagement and bolstering community commitment. As more tokens are staked, BTC20’s circulating supply expands, leading to a more decentralized and dynamic community shaping the token ecosystem’s future.

The video above provides in-depth overview of the BTC20 presale. For more crypto-related content, make sure to subscribe to his YouTube channel. Additionally, Jacob runs a Discord server with over 16,000 members, where users can access trading tips and stay updated on upcoming crypto presales.

BTC20 Presale – A Symbolic $1 Price for Poised Growth and Passive Income Opportunities

BTC20 is currently driving its growth through a presale, seeking to raise funds for the project’s marketing and expansion. During this presale, up to 6.05 million BTC20 tokens will be available at a symbolic price of $1 each, mirroring Bitcoin’s 2011 price and market cap.

Any unsold tokens from the presale will be added to the BTC20 staking contract before listing, resulting in a maximum total supply of 21 million BTC20 tokens. This approach allows users to actively stake their BTC20 tokens and partake in staking rewards distribution.

🔹Welcome to the world of $BTC20 – The Revolutionary Staking Token 🚀💫
🌐A groundbreaking PoS #Crypto token built on #Ethereum!
🔥 We pay homage to the original #Bitcoin while introducing a passive income-staking mechanism that empowers our community of #Cryptoenthusiasts.💰 pic.twitter.com/gB18L4awfR
— BTC20 (@BTC20Token) July 18, 2023

Following the Bitcoin token release schedule, a predetermined number of BTC20 tokens are released to stakers with every block confirmation. The token is designed to be gradually minted over approximately 120 years, echoing the principles of Bitcoin and the promise of staking’s potential.

BTC20 takes inspiration from the timeless Bitcoin legacy and is dedicated to creating value for its holders through this innovative approach. As of now, the ongoing presale has successfully raised $122k. BTC20 tokens are available for purchase to anyone at a price of $1 each. Here is a helpful guide on how to purchase BTC20.

Through the Wallet Connect function, you have the choice of directly connecting your MetaMask wallet or selecting another wallet app. You can also access the website with just your email address due to Web3Auth.
Purchase BTC20 using ETH on Ethereum or BNB on Binance Smart Chain. Alternatively, you can pay with USDT on either of these networks. Ensure you have enough ETH or BNB in your wallet to cover the gas fees. For bank card transactions, they partner with Wert, a third-party provider, and you’ll need a crypto wallet address to proceed.
At the end of the presale period, before the project goes public, you can claim your BTC20 tokens. The dates for claiming and the project launch will be announced. The claiming process will be conducted on the Ethereum network.

Check out our comprehensive guide to the top crypto presales here.

BTC20 Tokenomics

BTC20 features a strong and carefully crafted token economy that pays tribute to Bitcoin’s origins while introducing a new era of staking rewards. To launch the BTC20 project, a presale will be conducted. Initially, a soft cap of 3 million BTC20 tokens will be available for purchase, and an additional 3.05 million tokens could be made available thereafter, each priced at $1.

After the presale, any unsold tokens will be securely locked within a staking contract, forming the foundation of the token economy. This contract provides users with a means to actively stake their BTC20 tokens and enjoy the benefits of staking rewards.

The allure of BTC20’s staking mechanism lies in its design: the more tokens individuals stake, the higher the percentage of rewards they earn. This fosters a community-driven approach, where the collective actions of stakers contribute to the prosperity of all participants.

By embracing staking, users not only gain from BTC20’s inherent value but also from the rewards distributed through the staking contract. As BTC20 matures, its circulating supply will grow, creating a more decentralized and involved community.

The gradual unlocking of staking rewards offers a lasting incentive for long-term participation, reinforcing the dedication of community members. The BTC20 token economy extends beyond staking rewards, with potential future use cases such as strategic partnerships, utility in decentralized applications, and governance rights within the BTC20 ecosystem.

These additional use cases aim to provide increased value and utility to token holders, further solidifying the strength of the token economy. We recommend to take a look at our guide to investments under $1 as well.

BTC20 Roadmap

The BTC20 project is guided by a roadmap that draws inspiration from Bitcoin’s historic journey. It introduces a Proof-of-Stake (PoS) mechanism for passive income, aiming to provide a fresh ‘Bitcoin’ token experience.

BTC20 seeks to redefine our perspective on Bitcoin by preserving its successful aspects and incorporating new features to benefit all token holders.

2023 Q3-Q4 – Presale and Token Distribution

In the initial presale phase, a total of 3 million BTC20 tokens will be offered at a nominal price of $1 each. Once the soft cap of 3 million tokens is achieved, an additional 3.05 million tokens will be made available for purchase to align with Bitcoin’s 2011 market cap. This fundraising effort will serve as the basis for future development, marketing, and strategic partnerships.

2023 Q4-Q1 – Launch and Staking Activation

After the presale, the BTC20 team will implement a secure and unchangeable staking contract. This contract will securely lock all unsold tokens, totaling a minimum of 14.95 million, forming the foundation of the token’s staking mechanism. Users will be able to stake their BTC20 tokens and take part in receiving staking rewards.

2024 Q1-Q4 – Development and Expansion

The BTC20 team will maintain a strong focus on ongoing project development and expansion. Their key goals involve bolstering the security and efficiency of the staking contract, exploring potential partnerships with strategic entities, and broadening the utility of BTC20 within decentralized applications.

2025 Onwards – Long-Term Sustainability

BTC20’s primary objective is to establish long-term sustainability. The staking contract will consistently reward BTC20 tokens to stakers in accordance with the Bitcoin release schedule, spanning approximately 120 years. This gradual release approach guarantees a fair and balanced distribution of rewards, creating lasting incentives for sustained community participation.

Conclusion

With the future on the horizon, BTC20 is ready to leave a lasting impact on the cryptocurrency world. The team’s unwavering dedication to transparency, innovation, and the fundamental principles of Bitcoin ensures a sense of trust and accountability within the community.

Regular updates and progress reports will be shared, further reinforcing this commitment. By steadfastly following its roadmap, BTC20 strives to make an enduring impression in the crypto space, revolutionizing staking rewards, and cementing its position as a trailblazing force in the industry.