What if you bought Bitcoin in 2011? Back then, the BTC price was $1. Today, it’s over $29,000.
However, BTC20, a new ERC-20 project, is rolling back time and giving investors that chance again.
The project features stark similarities to Bitcoin, yet technology has evolved since Bitcoin was designed in 2008. Therefore, BTC20 has added features like community rewards, eco-friendliness and is much easier to use.
According to its website, BRC20 is “Bitcoin on Ethereum”. In essence, BTC20 has taken the advantages of Bitcoin and deployed them on Ethereum for further functionality.
Analysts Predict Massive Returns for BTC20
BTC20 aims to be a legitimate alternative to Bitcoin. However, the BTC20 team intends to continue to build from where Bitcoin left off.
Consequently, BTC20 provides advantages like improved far-reaching community rewards and increased accessibility.
Popular crypto YouTuber and analyst Jacob Bury recently predicted 10x returns on the new project.
However, returns could prove far greater considering the capped supply of just 21 million tokens combined with its “Stake to Earn” feature.
Fair Launch Tokenomics and Decentralisation Hint to Long-Term Potential
As with Bitcoin, there can only ever be 21 million $BTC20. Also, BTC20 will follow an unlock schedule.
Initially, 3,000,000 tokens will be available in the presale. Once sold, a further 3,000,000 will become available.
Beyond this, the remaining tokens will be unlocked as staking rewards over a 120-year vesting schedule.
Throughout the presale, all investors can purchase $BTC20 for $1. However, once it goes live on exchanges, the price will be determined by supply and demand.
In true Bitcoin fashion, BTC20’s tokenomics mean 100% of the tokens will be allocated to the community. As such, BTC20 is a fair launch project, potentially leading to explosive price action once the presale ends.
Also, since the community can stake their BTC20 to receive staking rewards, the available supply for new investors will likely be thin.
It’s Like Bitcoin But With All the Benefits of Ethereum
Presale buyers get to buy BTC20 for $1, like Bitcoin in 2011. Yet the project’s use of the Ethereum blockchain provides even more benefits to the community.
Earning Bitcoin passively involves running a Bitcoin mining node, which is complicated and expensive. However, BTC20’s Stake to Earn feature means users earn passive rewards without lifting a finger.
Like the Bitcoin blockchain, the Ethereum chain is known for its impenetrable security, which BTC20 will benefit from.
Nevertheless, Ethereum is a far more user-friendly chain, and most of the crypto community is more familiar with it. Since BTC20 is on the Ethereum chain, users can buy and manage it from their normal Ethereum wallets, such as Metamask or Trust Wallet.
Finally, BTC20 is a native token to the Ethereum network – this makes its security more robust compared to wrapped Bitcoin tokens, which are often victims of bridge exploits.
A Greener Alternative to Bitcoin
BTC20 provides a more sustainable alternative to Bitcoin since it is built on Ethereum, which consumes less energy than Bitcoin’s blockchain.
Where users would have to “mine” Bitcoin to earn rewards, they can stake $BTC20 in the project’s smart contract instead. Staking is far less energy intensive than mining, making BTC20 a much greener option than Bitcoin.
As a result, BTC20 is likely to attract environmentally conscious investors looking for a decentralised crypto which does not harm the environment.
The Presale is the Only Chance to BTC20 at $1
BTC20 allows investors to buy the “new Bitcoin” at its lowest price of $1.
The project is taking a long-term approach, with its roadmap detailing plans for 2025 and ahead.
Some of the mentioned plans involve partnerships and integrating BTC20 with Ethereum-based decentralised applications.
With that said, the BTC20 presale is now live. Investors can get the token from its website for $1, but they must be quick as availability is limited.
Visit BTC20 Presale