Altcoins Talks - Cryptocurrency Forum

Further Discussions => Blockchain Technology => Topic started by: Mega Mind on April 27, 2024, 07:51:45 PM

Title: Can "gamified staking" change how we think about crypto investing?
Post by: Mega Mind on April 27, 2024, 07:51:45 PM
I've seen a bunch of crypto projects aiming to be the next Bitcoin, or trying to make things more eco-friendly. But Green Bitcoin thing is trying to sound different, I don't know if I'm the only one thinking about it this way.  Apparently, it merges that classic Bitcoin appeal with the greener tech of Ethereum. That's the usual pitch, right? But then I dug a little deeper.

It seems to have whole different take on staking. They call it "Gamified Green Staking" and promise some seriously high rewards. It also seems they're not just talking about being sustainable, but have built that idea into how the whole project is designed for the long-term. The numbers back it up too, they seriously blew past their presale, and most of the tokens are already staked. Makes me wonder…could this actually be one of those rare crypto projects with staying power? What do you guys think?
Title: Re: Can "gamified staking" change how we think about crypto investing?
Post by: ABCbits on May 04, 2024, 10:51:58 AM
First of all, you probably should've posted this thread on "Incentivised Posting / Shill" or "Other Popular Cryptos / Coins "

But Green Bitcoin thing is trying to sound different, I don't know if I'm the only one thinking about it this way.

Aside from what i said below, 50% supply allocated for presale sounds concerning.

They call it "Gamified Green Staking" and promise some seriously high rewards.

Attempt to "gamify" an investment makes people become less careful, so it doesn't sound positive to me. And it seems they claim to be "green" since they use PoS, which has been done by many altcoin.
Title: Re: Can "gamified staking" change how we think about crypto investing?
Post by: joniboini on May 06, 2024, 07:56:57 PM
The numbers back it up too, they seriously blew past their presale, and most of the tokens are already staked.
Are you referring to this project[1]? Not sure how you said they blew past their target when the number is not as impressive as other ICOs. Not to mention history shows that big capital doesn't equate to success. The concept is hard to understand, and if I read it correctly the result of your prediction can affect your staking rewards. It doesn't really introduce any new demand for the token so it will eventually die sooner or later. I wonder why they use that as their main selling point. If anything, maybe you should read and find more projects to broaden your horizons so you don't fall into traps.

[1] https://greenbitcoin.xyz/en
Title: Re: Can "gamified staking" change how we think about crypto investing?
Post by: Smilez on May 06, 2024, 08:36:51 PM
Interesting perspective! Green Bitcoin's approach to staking and sustainability is indeed unique. The project's presale and staking rates suggest significant interest from the community. It will be worth observing how their approach plays out in the long term.