The presale event for a new low market cap cryptocurrency – Bitcoin BSC (BTCBSC) – has raised over $100,000 since it launched on Monday, 5 September.
Inspired by the early days of Bitcoin, when the world’s most famous cryptocurrency could be bought for less than a dollar each, the BTCBSC presale offers investors a chance to buy tokens at the low price of $0.99.
Using the BNB smart chain to bring staking rewards to Bitcoin
Although the OG Bitcoin inspires BTCBSC, it uses more modern technology to reduce its climate impact and allow investors to earn passive income.
Because Bitcoin BSC lives on the BNB Smart chain (BSC), transactions are validated by a proof-of-stake consensus mechanism. Compared to the energy-intensive mining process used to validate Bitcoin transactions, proof-of-stake is much more environmentally friendly than Bitcoin’s proof-of-work system.
As well as being more eco-friendly than Bitcoin mining, BSC’s proof-of-stake system results in cheaper transactions than Ethereum, another proof-of-stake blockchain.
Instead of mining cryptocurrency using computer power, proof-of-stake blockchains distribute new tokens to stakers. The more tokens you stake, the more you earn in return.
Bitcoin BSC tokenomics
Bitcoin BSC will have a total supply of 21 million tokens. These are to be split between presale tokens, tokens reserved for staking rewards, and a small number of tokens that will provide liquidity for future exchange listings.
Presale: 29% of the total supply (6,125,000 tokens) is available to participants in the presale. This is a good opportunity for early investors to board the project before prices soar.
Staking rewards: 69% of the total supply (14,455,000 tokens) will be paid as staking rewards. This will incentivize users to hold BTCBSC tokens and participate in the network.
Liquidity: 2% of the total supply (420,000 tokens) will be locked for liquidity purposes. This will ensure that BTCBSC is always available to buy and sell on a decentralized exchange (DEX).
Overall, the tokenomics of Bitcoin BSC are designed to be fair and equitable for all participants. The presale gives early investors a chance to get in on the ground floor, while the staking rewards and liquidity provisions help ensure the project’s long-term health.
How to buy BTCBSC?
With over $100,000 worth of BTCBSC already sold, the limited-run presale won’t last long.
Once the soft cap is reached at $3,960,000, the presale will release an additional 2.125 million tokens to achieve the hard cap. After that, the market will set the price of BTCBSC after it’s listed on exchanges.
For the duration of the presale, Bitcoin BSC can be bought from the project website using BNB, ETH, or USDT. Tokens can also be purchased with a payment card via Wert.
To pay with crypto, investors can use any BSC-compatible wallet. You must purchase at least $10 worth of tokens and pay gas fees if using BNP or ETH.
Presale participants will be able to claim their tokens after the ICO by visiting the BTCBSC website.
Project roadmap: What next for BTCBSC?
The Bitcoin BSC roadmap is laid out in four parts: the presale, the start of staking, the token launch, and passive income generation.
During the presale, 29% of the token supply will be offered for sale at a price of $0.99 each. The proceeds from this sale will be allocated to cover expenses related to development and marketing costs.
Staking plays a central role in the Bitcoin BSC project. The token’s smart contract will be implemented and initiated in the presale phase to incentivize early participation in staking.
Once the presale closes, BTCBSC will be introduced on a BNB Smart Chain DEX, with 2% of the token supply dedicated to securing locked DEX liquidity; this helps to ensure a complete decentralized and community-owned project.