The Bitcoin Munari project is moving closer to its launch. The presale stage, where people could buy its new cryptocurrency (BTCM) at a set price, is wrapping up. The structure of how Bitcoin Munari works is now clear. Key details like how the tokens are distributed and when trading starts have been decided. This means the last step of the presale is more about finishing up than introducing the project.
Investors now know the exact rules. These include how many tokens are available, their prices, and what happens after the presale. This way, people can focus on joining and making decisions rather than worrying about unknown risks.
Token Distribution is Almost Complete
The Bitcoin Munari presale offered a total of 11,130,000 BTCM tokens to the public. These were sold across different phases with prices increasing over time. Right now, the last batch is available for $0.015 per token. This phase ends today, December 23.
Once this final phase closes, the public token sale will officially be over. Afterward, all the purchased tokens will instantly become usable when trading starts. There won’t be future public sales or extra releases. Roughly 53% of the total BTCM supply has been sold in this presale stage.
The rest of the tokens have been set aside for other purposes. For example, some are given to blockchain validators (computers that verify transactions), some will fund the team and the project’s ecosystem, and some are used to ensure tokens can easily be bought or sold. The maximum amount of tokens that can exist is fixed at 21,000,000 BTCM. No additional tokens will ever be created after the launch.
Presale Pricing Ends as Trading Begins
The $0.015 price in this presale is the last time BTCM tokens are sold at a fixed amount. After today, when the token sale ends, BTCM will only be available in open markets. Trading officially begins on December 28. To make trading easier, 1,680,000 BTCM tokens have been set aside to ensure there’s enough liquidity—meaning people can buy and sell quickly without big changes in price. Learn more about liquidity.
During trading, the market will set prices. People who bought tokens during the presale can start trading as soon as it launches. This means the market activity will directly reflect how token holders act, rather than being staggered or delayed.
Validators and Rewards
Once the token sale ends, the focus turns to the blockchain network’s operation. Bitcoin Munari uses a system called Proof-of-Stake (PoS) (See Proof-of-Stake definition). In PoS blockchains, special participants called validators check and approve transactions. Validators in the Bitcoin Munari network will receive rewards over ten years. A total of 6,090,000 BTCM tokens will be given to them, with rewards getting smaller each year.
To become a validator, users must lock in a certain amount of BTCM tokens:
- Full Validators: Lock 10,000 BTCM and operate advanced computer infrastructure. They help with creating new blocks and securing the network.
- Mobile Validators: Lock 1,000 BTCM and run on Android devices. This method expands the number of validators without requiring expensive hardware.
- Delegators: For people who don’t want to be validators themselves. They can lock at least 100 BTCM, which they delegate to existing validators. In return, they receive part of the rewards.
In the first year, rewards are expected to range from 18-25% Annual Percentage Yield (APY) (See APY definition). These rewards encourage early participation. When validators and delegators lock their tokens, fewer BTCM tokens will be available for trading in open markets. This could impact the token’s liquidity.
Trading Access and the Blockchain Migration
Bitcoin Munari has divided the trading phase and the technical launch into separate steps. Initially, trading will take place on an existing blockchain platform called Solana (See Solana definition). Solana is a fast and efficient blockchain that supports trading and transactions. Later on, Bitcoin Munari will move to its very own blockchain, which will use a system called Delegated Proof-of-Stake and allow Ethereum-compatible features (See EVM Compatibility definition).
This migration to its own blockchain will include a 1:1 bridge for users. A bridge ensures that people will still have the same number of tokens after the move. The standalone blockchain will include privacy features, tools for project governance, and more. By separating trading and blockchain migration, Bitcoin Munari aims to ensure a smoother rollout.
What’s Next for Bitcoin Munari?
As the presale ends, much of the uncertainty around Bitcoin Munari depends on execution. Important things to watch include:
- How quickly validators join the network.
- How well the test version of the blockchain performs.
- If the team is ready for the full migration to its own blockchain.
Some aspects are already verified. For instance, security audits performed by companies like Solidproof and Spy Wolf have checked the smart contracts (the computer programs that run the tokens). Additionally, participation data and validator activity will give a clear picture of the network’s health after launch.
For those interested, today, December 23, is your last chance to join the presale at $0.015 per token. Once it ends, the next opportunity will be when trading starts on December 28.
For more information, visit the official Bitcoin Munari website or join the community on Telegram.
Disclaimer: This article was written by a third party and is sponsored content. The platform does not endorse or take responsibility for any information here. This is not financial advice. Always do your own research and consult a professional before making financial decisions. Investing in cryptocurrencies is risky and could result in loss.