Initial presale phase, 3 million BTCR at a price of $1 as soft cap, with an additional 3.05 million BTCR available to mirror the 2011 market cap state of Bitcoin. After the presale is complete, BTCR staking contract will be deployed, that will lock all unsold tokens and the 14.95 million remaining BTCR. This will mirros the Bitcoin minable supply. Staking will be active and users ca stake their BTCR tokens and participate in the distribution of staking rewards.
Our 2024 focus will be strictly on expansion of the staking functionality, establishing strategic partnerships and expanding the utility of BTCR within decentralized applications.
Patnership with our first physical patner to adopt BTCR as one of their payment solution
BitcoinRewind aims to achieve long-term sustainability and mass adoption as one of the main utility tokens by strong and established platforms and partners. Alignment with the Bitcoin release schedule, extending over the course of approximately 120 year. This gradual token release ensures a fair and measured distribution of rewards.
After every BitcoinRewind block is confirmed, 50 BTCR tokens are released and shared among all the users in the staking pool. This happens in sync with the Bitcoin blockchain.
Once the presale completes, the remaining presale BTCR and the staking allocation of 14,950,000 BTCR will be distributed to the staking contract, that will assure rewards for users who join the staking pool.
The most BTCR tokens that will ever exist is 21,000,000 that is expected to reach over the course of 120 years.
The staking rewards for BTCR are managed through a smart contract that will adapt the rewards and APY (Annual Percentage Yield) for each wallet based on its existing share within the staking pool.
Just like Bitcoin, BTCR operates on a plan to reduce the rewards it distributes in each block by half every four years. This process begins with 50 BTCR being given out every 10 minutes.
Here's the timeline of the halvings for BTCR:
- First BTCR Halving - In 2025, the rewards will drop to 25 BTCR per block.
- Second BTCR Halving - By 2029, the rewards will be further cut to 12.5 BTCR per block.
- Third BTCR Halving - In 2033, the rewards will be reduced again to 6.25 BTCR per block.
Halvings will continue every 4 years until the maximum supply of 21 million BTCR is reached around the year 2143. This ensures the long term sustainability of rewards for stakers in the BTCR network.
Bitcoin Rewind is a community-driven cryptocurrency that aims to bring stability and sustainability to the crypto space through a deflationary supply model inspired by Bitcoin. BTCR operates on the same emission schedule and halving cycles as Bitcoin, but with some key differences that make it more accessible to mainstream adoption. Bitcoin Rewind is the environment friendly version of Bitcoin as it doesn't utilize the Proof of Work consensus but rather uses Proof of Stake. It resides on the Binance Smart Chain. A secure smart contract distributes BTCR tokens to the staking pool in line with the Bitcoin block schedule.
"The love for Bitcoin is a testament to human curiosity and the desire to reshape the world. It's a digital saga where code meets currency, igniting flames of possibility in the hearts of those who dare to imagine a more inclusive and decentralized future."
Token Name: Bitcoin Rewind (BTCR)
Contract Address: 0x785DbFf3C6bf30B6020d72d3Bd90dC1a37bC18F1
Token Type: BEP-20 (Binance Smart Chain)
Total Supply: 21,000,000 BTCR
Circulating Supply: 6.05 million BTCR ( if presale sold out )
Presale: 3,000,000 soft cap and 6,050,000 BTCR hard cap
Presale Price: 1 BTCR = $1 USD
Time per Block (simulated) 10 minutes
Block Reward: 50 BTCR per block for the next 4 years
Reward Halvings: Every 4 years
Consensus: Proof of Stake (PoS)