BTC20 is a Proof-of-Stake (PoS) ERC-20 green version of Bitcoin built on the Ethereum blockchain, recreating the state of the Bitcoin blockchain and token supply from 2011, when there were only 6.05 million BTC tokens in circulation and the price was $1.
With every original Bitcoin block confirmation, a number of $BTC20 tokens will be released and distributed to stakers via a verified staking contract in line with the Bitcoin release schedule.
After the presale, $BTC20 holders can stake their tokens to receive a share of the staking rewards. The more $BTC20 tokens a person stakes, the higher the rewards they are going to receive.
To fuel the growth of BTC20, we are hosting a presale where we aim to raise funds that will be used for the marketing and expansion of the project. Up to 6.05 million BTC20 tokens will be sold at a symbolic price of $1 each, to mirror the 2011 price and market cap of Bitcoin. Any unsold presale tokens will be added to the BTC20 staking contract before listing, ensuring a maximum total supply of 21 million BTC20 tokens. This will provide an avenue for users to actively stake their BTC20 tokens and participate in the distribution of staking rewards.
With every block confirmation, a predetermined number of BTC20 tokens are released to stakers, precisely following the Bitcoin token release schedule. This design ensures that the BTC20 token will be gradually minted over a span of approximately 120 years.
BTC20 is founded on the principles of Bitcoin and the promise of a future where the advent of staking unlocks beneficial new possibilities. We are guided by the wisdom bestowed upon us by the timeless Bitcoin legacy and committed to providing a new avenue to creating value for BTC20 holders.