99Bitcoins Raises $100k On Day-1 Of Token Presale
One of the most established crypto media outlets, 99Bitcoins, has changed ownership and introduced a new native cryptocurrency, 99BTC.
The token is currently undergoing a presale. It raised $117K in its opening day as quick-footed traders swooped in for its initial discounted price.
99Bitcoins launched in 2013, the same year as CoinDesk. However, it now spearheads crypto media innovation through its decentralized, user-owned 99BTC token and its accompanying Learn-to-Earn platform.
Is $99BTC a 100x sleeping giant?
Currently in its stage 1 presale, market participants can buy 99BTC at its lowest-ever ICO price. However, this works on a first-come, first-served basis, with the price incrementally increasing throughout the campaign.
99Bitcoins offers a fresh outlook on the presale landscape. According to its website, the project boasts over 700K YouTube and 2.8 million email subscribers. And that’s not to mention the hundreds of thousands of monthly readers its website rakes in from Google.
This presents a monumental buying opportunity, similar to Binance’s BNB token presale in 2017.
At the time, BNB’s presale price was $0.15. Today, it is valued at $611. This marks a near-illegible 407,233% ROI.
Innate utility through its learn-to-earn platform
At the forefront of $99BTC’s utility is its Learn-to-Earn platform. This provides a means to onboard new users into crypto, with holders earning free crypto rewards by learning about the industry and its intricacies.
However, 99BTC is not only for beginners. The token appeases industry players of all levels through its novel utilities, such as community rewards, crypto trading signals, BRC-20 tools, community interaction, and staking.
Newly appointed editor at 99Bitcoins, Sam Cooling, commented on the new innovation: “The launch of the 99BTC Learn-2-Earn platform marks a major step on our mission to redefine the onboarding journey for new users in the crypto market.”
He continued, “At the heart of 99Bitcoins’ new interactive learning ecosystem is the idea that there should be no cost of entry for new market participants. The learning journey should empower the curious, starting with tokenized incentivization as a real-world example of how crypto works.”
99Bitcoins tokenomics and presale
The 99BTC token has a total supply of 99 billion. 15% is allocated to the presale, 14% to staking rewards, 23% to project funds, 17% to community rewards, 8% to liquidity, and 23% to marketing.
This token distribution perfectly balances ecosystem development and community growth potential.
Staking is already live, with an estimated 59,859% APY at play. However, this will decrease as the staking pool grows, so those looking to maximize their upside should act fast.
In celebration of the presale, 99Bitcoins is running an airdrop worth $99,999. It will be split between 99 winners, and participants get up to 11 entrees each by completing simple tasks outlined on the project’s airdrop page.
The current 99Bitcoins price is $0.001, but this will rise throughout the campaign. The next increase will occur in five days or when the total raise hits $742K.
To learn more about this project, visit the 99Bitcoins presale website or join the community via Twitter Telegram
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