In a remarkable twist, the presale for the 99Bitcoins Utility Token exceeded $1 million in contributions.
In Brief
The 99BTC staking feature allows participants to generate rewards while supporting the project and encourages long-term investment in the utility token.
Renowned for its up-to-date resources on Bitcoin purchases and mining, 99Bitcoins has now taken a significant step by launching its own cryptocurrency platform.
Officially named the 99Bitcoins Token (99BTC), this new cryptocurrency went on sale starting April 10, and by May 10, it had already surpassed the $1 million mark, thanks to its dedicated community. presale.99bitcoins.com The 99BTC token can be acquired using ETH, USDT, BNB, or credit/debit cards, with its current price at $0.00104. However, a price increase is expected within a week to reward early investors.
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As previously noted, 99Bitcoins.com has been instrumental in offering essential guidance and education to aspiring crypto users regarding Bitcoin and various digital assets over the years. Hence, the launch of its new token aligns perfectly with its educational mission.
According to the presale site, 99BTC is set to be a Learn-To-Earn (L2E) initiative, which means it will reward users for their educational efforts surrounding cryptocurrency through 99Bitcoins. The genesis of reward-based systems dates back to MyPoints in 1996, marking the inception of monetary incentives.
This concept has evolved into the Play-To-Earn and Move-To-Earn models, which collectively reached a staggering market valuation of $8.9 billion in 2023. Now, 99Bitcoins is aiming to lead the next frontier of rewarding users with a Learn-To-Earn model. utility token Additionally, although 99BTC will debut on the Ethereum network as an ERC-20 token, it plans to transition to the BRC-20 framework shortly. This move will allow it to align with significant cryptocurrencies like ORDI, SATS, PUPS, and others in the broader Bitcoin ecosystem, which boasts a total market cap of $3.33 billion.
The tokenomics and presale structure for 99Bitcoins reveal a total token supply of 99 billion 99BTC tokens, a soft cap of $5.3 million, and a hard cap of $11.07 million. Out of the overall supply, 10.5% is allocated for presale.
Post-presale, 14% is earmarked for staking, and 27.5% is reserved for project funding. Moreover, 17% will cater to community rewards, 8% is set aside for liquidity enhancement, and 23% will support marketing endeavors.
With 99BTC staking, users gain an alternative route to earn rewards by bolstering the project, which simultaneously incentivizes them to consider the utility token as a long-term asset.
Other things to note about the project’s presale Currently, staking rewards for 99Bitcoins are significantly attractive due to the limited number of participants in the staking pool.
For the second quarter of 2024, the project aims to ramp up presale marketing across crypto news platforms and YouTube, activate the staking feature - which has already been completed - and kick off the development of the 99Bitcoins platform. The roadmap for Q3 includes finalizing presale claims, launching decentralized exchanges, and teasing the upcoming L2E platform.
The 99Bitcoins crypto presale has achieved a milestone of $1 million – could this be the next crypto with 10X potential?
The beta version of the platform is projected to launch in the last quarter of the year, coinciding with the rollout of crypto trading signals.
Looking ahead to 2025 and beyond, 99Bitcoins plans a comprehensive platform launch, optimization of the L2E model, blockchain expansion, strategic partnerships, and growth in instructional content.
Gregory, a digital nomad from Poland, is not just a financial analyst; he also writes for various online magazines. His extensive experience in the financial realm has garnered him recognition in numerous publications. During his free time, Gregory focuses on authoring a book dedicated to cryptocurrency and blockchain.
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