AMA RECAP : CRYPTO CHALLENGERS x BITHOTEL
Venue : CryptoChallengersD
Date : 04 FEB 2022
Time : 04:00 PM UTC.

Guest:Team
They shared detailed information and his opinions about the project BITHOTEL.

🔴 SEGMENT 1 INTRODUCTION

1. Could you Guys please provide a quick self-introduction for the community?

Leon - Hotel Operator:
But without getting distracted, here's our background. (fully doxxed)

Zondax:
Sure! Bram is the CTO of Bit Hotel. His background is in Computer Science and he's been a professional freelancer for seven years now, working on all sorts of websites and web applications. A few years ago he started researching decentralized ledger technologies and began developing smart contacts on these DLTs. He published a paper on his research soon thereafter.

Leon - Hotel Operator:
Creamy (@Larenzcrem on tg), our head of partnerships, is a true digital native and has been active in the blockchain & funding space for many years to provide us the best industry connections for ensuring success.

Bengt is one of our community thought leaders and makes sure everyone in the Bit Hotel stays up to date on the latest news, he is also a marketing genius!

Zondax:
Our Head of Operations (Leon) has an extensive background in business development and marketing and grew brands to multiple 7-figures prior to starting his Bit Hotel journey.

Leon - Hotel Operator:
Kimberley is our all-round partnership and community support, a web3 veteran and long-time hotelier. And Last but not least, @zondaxx is our financial guy who loves to join in on AMAs from time to time.

2.Can you briefly introduce the project BITHOTEL what are some of utlities of $BTH ? How do you think you stand out among the competitors if there are any?

Zondax:
Bit Hotel is a Social-first Play 2 Earn NFT Gaming Metaverse, in which users will be able to use Bit Hotel tokens to acquire native NFTs and participate in decentralised governance.

These NFTs have in-game usability and consist of characters, hotel rooms, furniture and other artefacts that have their own perks.

These NFTs consist of varying rarities and can be traded on the open market. Users will be able to meet and chat with other players, compete on our various ever-changing mini-games, and battle their way up the global leaderboard to earn in-game assets.

Users will be able to use their rooms to host small gatherings and as their own personal social hub. DAOs and communities will have club houses; in which they can host AMA's, organise IDOs, and other communal activities.

Bit hotel offers users authenticity, anonymity, and the reminiscence of their 8-bit upbringing.

Leon - Hotel Operator:
So our token(s) have a number of utilities

Zondax:
First of all, it is important to mention that we will be using a two token system.

$BTH will be used for staking and on-platform trading. The in-game token $BHOTEL can be earned by playing and will be redeemable for NFT's as well grant you access to events and other in-game activities.

We will also be holding monthly NFT drops. These will be held on an array of platforms, including the Bit Hotel Marketplace, you will need $BUSD/$BTH to purchase our tradeable and playable NFT assets.

Leon - Hotel Operator:
Because of these great utilities, even in the bear market our graph looks strong: https://www.dextools.io/app/bsc/pair-explorer/0xa5a1ad6dc1eb8689a96eb0eac0a8e9f104e5e682

Zondax:
also important to mention is that we are offering our rooms at 20% discount when paying in $BTH

Leon - Hotel Operator:
Thats diluted, real MC is around 2M, so still very low

bithotel.io/#/buy-rooms

Zondax:
yes! currently there are 4320 room in our hotel

Leon - Hotel Operator:
You can actually, on monday! If you go to twitter.com/playbithotel and check the pinned tweet you see how to get one!

3. Can you share the achievements the team has made so far ? what are the major achievement target BITHOTEL is yet to achieve . If possible also share your roadmap.

Zondax:
Sure! Here's the link to our roadmap https://bithotel.io/#/roadmap

Leon - Hotel Operator:
For sure, so we started building in 2021, and since that we have achieved quite a few things

We have built:
1. Multiple NFT sales (check the latest one at bithotel.io/#/buy-rooms)
2. Our investor dashboard
3. Our token, which was launched on 8 launchpads!
4. A community of over 100k Hotel guests
and much much more

In February you can expect:
1. A great NFT offering road show
2. Some killer partnerships with big names...
3. a CEX listing
4. Our NFT marketplace launch
5. Staking live

4) Could you share a bit about security and also what benefits you provide as incentives to users choosing your platform?

Zondax:
Excellent question, security is important! We make sure all our code is audited by top tier audting firm such as solidity finance and Haechi before we deploy anything. We also stresstest everything with our community and testing team.To make sure there are no exploits.

Next to that we have a whole army of people to report scammers and take down scam websites that try to impersonate Bit Hotel. For the game we have also partnered with a Triple A game studio (the guys behind revolvegames.io) in order to bring the best game possible.

In terms of incentives, we offer a play to earn model

The Play-to-earn model entails players battling each other in all sorts of mini-games within Bit Hotel. There will be different mini-games on rotation.

The winner of a mini-game wins Bit Hotel tokens that are redeemable for all kinds of different NFTs (similar to Axie Infinity's SLP token!).

In addition, there will also be a leaderboard tracking the top players in the game. These players will be rewarded at the end of the leaderboard term with rare NFTs and token rewards. Lastly, by hosting and joining in-game events players can get access to custom NFTs as well as tokens.

For sure, there are a lot of scammers out there so that is very important!

5.Whats the total supply of the token ? Could you share a detailed tokenomics of mainnet token’s supply distribution

Zondax:
total supply is 1B $BTH

https://bithotel.io/#/tokenomics

here’s a link to our detailed tokenomics!.

🔵 SEGMENT2 TWITTER QUESTIONS.

1. "What are your upcoming milestones on your roadmap ? What are your plans or events to draw the attention from investors and non-crypto gamers so far ? Do you have mobile version or just PC version ? @nabilhalln

Zondax:
Leon already mentioned them but I will share the upcoming milestones again!

1. A great NFT offering road show
2. Some killer partnerships with big names...
3. a CEX listing
4. Our NFT marketplace launch
5. Staking live

We are also currently working on a revolutionary approach to projects funding!

a in-metaverse launchpad!

which will likely draw the attention of investors!

Leon - Hotel Operator:
You would enter a room in the hotel after logging in and enter an IDO from in the metaverse!

Zondax:
We will first start with a desktop web-based version and then release the mobile version

2. Can you share your social media links so we can keep ourselves updated,? https://twitter.com/Monaalihj/status/1489383118029176837

Zondax:
https://t.me/bithotelcommunity

Twitter - @playbithotel

Medium - https://medium.com/@bithotelnftgame

https://www.youtube.com/channel/UCYnz55RptB22U5rRHNxz1Fg

instagram https://www.instagram.com/bit_hotel_official_game/

3. One unique feature BitHotel has is it allows users to establish relationships with other users. What is the purpose and added-value when a relationship is formed? How could this feature be an advantage for the players within the game? https://twitter.com/0JeanWayne/status/1489434276680458243

Leon - Hotel Operator:
Yeah good question

So it has to do with burning NFTs

Two people can work together, burn one of their Bit Hotel NFTs and get a chance to claim a higher rarity, more valuable one

So there is an incentive to invite friends!

By the way guys, you should definitely check out our community channel if you have any marketing proposals or ideas: t.me/bithotelcommunity

4. I read in your whitepaper that there will be whitelistings for your monthly NFT drop,
can you explain more further how Bithotel’s whitelisting process works? Because I would love to be whitelisted with this amazing project.
https://twitter.com/shihadk6785/status/1489461973301723133

Leon - Hotel Operator:
Correct!

So we're selling a bunch of land through partners (launchpads)

Those have their own requirements

But for our self-hosted NFT drops, especially the room sale thats now live, you can read this to whitelist:

https://medium.com/@bithotelnftgame/how-to-buy-rooms-in-the-bit-hotel-metaverse-room-sale-95b82cecc592

⚪ SEGMENT 3 TELEGRAM LIVE

Q1-UnSmart:
STAKING is one of the STRATEGIES TO ATTRACT USERS & HOLD Them & long-term. Does your GREAT PROJECT have plans about to Staking?

Zondax:
It is indeed! We will be launching staking very soon!

Q2-Kazem🇦🇪🇦🇪🇦🇪:
How🙏 many team members do you have? Do they have enough experience in the blockchain field? Do they have any experiences on working in crypto and non-crypto project?

Leon - Hotel Operator:
As can be seen on our homepage bithotel.io we currently have almost 20 teammembers, all truly talented individuals!

Q3-Mst Jesmin:
Where I can get the latest updates & more information about the project?

Leon - Hotel Operator:
You can get the updates on our telegram community linked above!

Q4-Mst Jesmin:
Where can I buy your tokens now, what are your current contracts address and how can I buy them and what are the benefits?

Zondax:
Token can be bought on pancakeswap! 0x57bc18f6177cdaffb34ace048745bc913a1b1b54.

Q5-Mia:
Your project name seems to be very interesting. Does it have any story behind it? Can you share us with the inspiron for approaching to this name?

Zondax:
So, we have an immense nostalgia for these 8-bit parallel universe games, they remind us from our childhood. Most of us are probably between our 20s and 35s. Now, we also love Hotel based games, we came up with having this Hotel Metaverse on the blockchain.

Furthermore, our development team loves Bit Coin. The groundbreaking tech that Bitcoin provided, is still very relevant for today. So we came up with the name: Bit Hotel. An 8-bit hotel metaverse, as an ode to Bitcoin.

it was a pleasure to be here! Thanks for the interesting questions!! Make sure you guys join our community to stay up to date and go check out our next IRO (Initial Room Offering) on Lunapad, you don't want to miss out on those beautiful rooms!!