The presale of Bitcoin Minetrix is nearing a close with only five days left for investors to grab tokens at a discounted price. The presale has pushed records, reaching $13 million so far and showing no signs of slowing down as the finish line draws near.
This reduced issuance rate has the effect of creating scarcity and increasing demand. Usually, every Bitcoin Halving event sees the price of Bitcoin climb in the following months after a brief dip. While the project is still in development, they have set aside 12.5% of the total token supply or 500,000,000 $BTCMTX tokens to reward early investors through staking. This provides a return until the first Bitcoin is mined. After that, rewards will be issued continually from the mined Bitcoin.
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