We are pleased to announce our next AMA on March 27th 2021 at 05:00 PM UTC Time: Satoshi Club x BiTToken.Club
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join BiTToken.Club Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. BiTToken.Club Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about BiTToken.Club
For more details:
BiTToken.Club – @Bittoken_Project
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
BITToken is looking to give unlimited possibilities with $BITT to benefit the growth of communities, I saw on your website that mainly are providing with unique utilities within Discord, but isn’t a secret for anyone that Telegram is allocating huge communities like us in Satoshi Club! Can you give an example of how can this token be assimilated in telegram groups or others social media?
BITT token is made for airdrops, sometimes we’ve seen airdrops campaigns that result to be useless and it only works as decoration, what’s the real value of making BITT airdrops? Is this token made for holdings?
Considering that BITToken has a set of advanced and decentralized tools, then what can you tell us about the security and privacy of the information?
BITToken is designed to reward token holders in fun and interesting ways, so what
type of reward do they receive? What makes rewards fun?
BITT is the native token for every crypto community, but what guarantees you that the various crypto projects are interested in working with your token?
BITToken is made to develop a unique and fun utility for any project. What do you mean by developing a “fun” utility?
You mention a lot the evolution and expansion of BITToken in the different crypto projects, but do you really have a lot to offer to mean a reason to trust you? That is, what are the benefits that cryptocurrency projects would obtain if they decide to adopt your token?
As you say in your litepaper BITToken Club is a project that is in constant development and evolution, at what moment are you now? What are the main problems that you face and what are the next steps to solve them?
BITToken is a very versatile project because $ BITT has many utilities and uses, some of them apply to SANDBOX, Staking, 90% discounts, etc, do you plan to extend to other fields of Cryptography?
Why should projects trust you? What are the reasons?
BitSwap always picks whichever DEX hosts the best price and liquidity to execute the swap, but what mechanism is used in order to achieve that? How do you make this information accurate so your traders can get profits instead of losses?
In your platform, each NFT is uniquely individual and possesses special utility, but who creates this NFTs? Are they artist involved with the BITTOKEN club in order to make this NFTs unique?
I’m interested to know about SANDBOX. Can you explain more details about it? What are the best features of the game? What do users need to do to play on SANDBOX?
Can users create their own NFTs and feature them on the BITToken platform? If so, what are the conditions? Do the NFTs need to have a specific thematic?
I would like to know about the BITToken ultimate goal. What do you expect to accomplish within the whole crypto ecosystem? How do you plan to leave your mark and impact the crypto users? What long-term advantages will you bring to the crypto space?
According to its website, practically the BITT has the objective of constantly rewarding and benefiting the community, offering incentives, discounts, air launches and among other things. My question is, why have you decided to reward the active community so much? Why have they focused on their users having fun and benefiting from constant rewards?
Talking a bit about your native token “BITT” can you only buy / sell (trade) on Bitswap for ETH only? What are the benefits of BITT by belonging to the ERC20 chain? Do you plan to establish them in more exchanges in the future?
You say that if users own at least 2500 BITTokens they will receive up to 90% discount on fees and that holders will only pay 0.01 fees for each trade, so how do they achieve such a low fee? If I have more than 2500 BITT can I receive a higher discount? Doesn’t this generate any loss for the project?
Bitswapdex.io features a “Buy with fiat” option, users can purchase and add ETH directly to wallet. Is this already available? What fiat / currencies can traders use to buy ETH?
1. There are thousands of cryptocurrency projects in the space today, and each of them has unique properties, functions, and tokenomics. Some also have tokenomics that discourage continued investment. You say that BITT is the native token for your crypto community and it is designed with the sole purpose in mind of rewarding group members and developing fun and unique utility for any project. Sincerely – I am a bit awkward: is this the only use-cases of your token? As a user or even more, as an investor, how can I be motivated to invest and use your platform and what are my benefits from that?
$BITT is the perfect way to reward supporters of projects to keep them active and engaged. This is only available fo telegram and Discord groups? Is there any other social media platforms that might be added soon to mine $BITT?
2. AS you say on your site, the BITToken’s primary function is as a community token. The token will be essential for BitSquad members to access exclusive features and active members of the BitSquad will receive token airdrops for contributing to the community. Being interested in that, can you please relate to us about your airdrop distribution form? What will be the number of tokens rewarded to the community and what will be the terms and conditions to get validated to it? Will they be available also for stakers or staking rewards are planned to be something different from airdrops?
How to recieved $BITT when engaging on participating projects Telegram and Discord? Is there a $BITT bot that will gather all the tokens?
3. You have an interesting tool developed named “Bitswap.io DEX Aggregator”. You characterize this one as being the first in a suite of advanced trading tools that are powered by DEXKIT. Also, you mention that the aggregator searches over 14 DEX protocols in search of the best liquidity and price for swaps, in special for ERC20 tokens, but don’t mention properly those DEXs. Can you say here what will be the DEXs on which your tool(s) will be functional and interoperable? And why ERC20? Do you have plans for the other one? In order to this, how you will manage the 0,01% fee at this low level? Wouldn’t this one affect your financial stability?
Many projects ride a hype wave and then slowly dissolve leaving a trail of broken dreams behind them. So how can you promise to avoid the same fate and how can we be confident that you won’t disappear too a year from now? Also enlighten us how different BITToken Club is from others and what are the best & unique features you’ve got to attract users?
After BITToken has been configured, users can transact with BITT from their native Discord wallet! BITToken’s Telegram bot will be added in Q2 of 2021. This will be an exciting milestone for Bittoken project, so can you give some advance information about the Telegram bot you will be added in Q2 2021? What are the ways to earn in this bot? Many bot in telegram is said to be scam, so how will you make this bot legit and become accessible and safe to any telegram users? Thank you
On the website about your team, I like the animated version of each one of you. So what inspired you to made it like that? Also can you tell us more about your team and who is your CEO, I can’t see his/her information on the website.
BITToken Club is designed to reward members every crypto-community for their contribution and participation in to the crypto space. So what are your ways in rewarding the supporters of your project and keep them active and engaged?
I saw earlier the BITT token in the tip.cc. bot in Discord.Typically, this bot is used to actively distribute tokens among seekers of free drops and rains for activity on servers. What do you reward users for in discord? Or is using a bot a solution to the gas problem on the Ethereum network?
The BITToken is about communities and bringing them all together, so if I want to create my own BITToken local community, what would be the benefits for doing so?
I saw that the BITT token has many utilities, but can you mention what are the main utilities? The ones that you consider are the most important and attractive for users?
I read that the Bitswap wallet supports ERC20, BTC and Polkadot, right? Does this mean that Bitswap has cross-chain features? Have you thought about integrating BSC too, since lately is attracting users’ attention?
While searching for information about BITToken, I came across another project with a similar name – BitToken and it was difficult for me to navigate the search results. How did you come up with this name and are you not confused with BitToken or them with you?
The site has written a lot about how you reward the BITT token for useful actions of users. And at the same time on the server in Discord I see that you sell roles by collecting funds from users. In this case, other currencies are used. What is it and why? And how do you use funds received from users?
BITT is the native token for every crypto community! It is designed with the sole purpose in mind of rewarding group members and developing fun and unique utility for any project.
There is no presale for BITT because the ideals of the project are centered around bringing value to communities, not extracting capital from investors.
Then I have a question: from what sources do you receive funds for the development of the project and remuneration of community users if you don’t have investors?
Did you conduct a pre-sale or the project is developing on enthusiasm? Are there funds for listings on exchanges, or will you limit yourself to Uniswap? Marketing, as I understand it, is at the expense of users …
While preparing for AMA, I discovered 2 BITToken channels in Discord – BitBoy Lab and BITToken. Are both channels fully operational and have the same purpose? Or does each of them have a different function?
BITToken have staking system that possible to stake BITT to earn BITT and i think its common that every project also have, but the one i want to asking about BITToken also can stake BITT and stake NFT to earn ETH, how does your NFT staking system work and where is the reward (Ethereum) come from if i stake a NFT ? what kind of NFT i should stake?
usually a NFT dont have utility and its for collection, so how about NFT from BITToken ? what are the main use of NFT from your project? and can you please explain about what is NFT “Founding Member” that BITToken have for their community?
BITToken have unique utility that possible to use for every crypto community for example can be use in SANDBOX project, so what are the requirement if a project want to use BITToken ? do you have benefit for user/project who hold BITToken ?
As a community administrator, I am interested in how flexible the rewards can be. Is it possible to reward community members for tweeting a post that tracks a new user’s registration in a telegram? Will having 2,500 BITTs help me get discounts on commissions for transferring rewards?
What difference is bitt from other coins in market and plz explain some insights on bitt NFT and FMNFT
From your website and other engagements on social media, BiTToken presents her native token BiTT as a fun and interesting reward token for any community that wants to adopt it as her native token. Don’t you think this is a tough ask, as most communities prefer to reward their members in their own unique manner and in most cases with a developed community backed token specific to the community’s unique ideas and goals, and how best do you think you can leverage on your community based incentives in order to encourage the adoption of BiTT across a vast variety of crypto communities?
There are some pretty good and trustworthy swap sites who offer the same service that BiTToken looks to do with the Bitswap DEX aggregator. What unique features will the Bitswap DEX aggregator provide to potential traders and investors that is different from those offered by the more popular and quite efficient aggregators commonly used?
What participation will your project have in the Sandbox ecosystem? can we play with their tokens on both platforms?
The world of cryptography is expanding, and Biitoken is expected to be a bridge between different projects, how and what would be that bridge that allows to have enough strength and confidence for different projects to adopt and support it at its inception and remain in time?
What are the steps to follow and what are the requirements to buy Bitt tokens, how many coins do you offer and what would be the initial investment amount?
BitSwap will have an NFT platform with “exclusive BitBoy collectible cards and rare Bitboy art pieces”, will these NFTs have a utility value in addition to that? Will there be various types of NFTs depending on their rarity? When will be available?
What attractive incentives does Bittoken have planned within its project for the holders of its tokens, and, to promote adoption as a native currency within any community?
the per trade fees are applied on the amount of Bitt tokens traded? it is necessary to own at least 2500 Bittokens to enjoy the benefit of the 90% discount on the per trade fees?
What criteria, security codes and technological tools does Bitswap’s DEX aggregator rely on to make it highly impenetrable to hackers?
On what kind of analysis and what is the basis for the reliability and permanence in the crypto market and what is the future projection of the bittoken coin?
What analogy made you choose the lightning as the logo of your project what is the meaning of it?
BiTToken rewards users from different platform for contributing with the ecosystem but what then do you consider a contribution and what defines how much is earned?
As a community-driven project that is designed to reward members every crypto-community for their contribution and participation in to the crypto space. So ,how will you intend to reward the community? How do you also intend to reward your loyal community members? Can you tell us some of the current events that you have for your existing and incoming community members in your platform? How important is the community for Bittoken? Thank you
It is good to know that BiTToken has purpose to reward their member while having fun at the platform. What values does BiTToken add through NFTs to their projects? What is your ambitious plan to the future of BiTToken?
I read the following words on your website
Drop us a line and let us make it rain BITT in YOUR community! Do I get it right? If I leave the link, can you make an Airdrop For example for Satoshi Club, or what is the meaning of this?
I was very interested in information about exclusive shares of the BITT token estate. Do you intend to build your own district in Sandbox? That would require the purchase of a Sand token. How much do you intend to spend on this, from what reserves? And most importantly, how much do I need to have BITT to be able to get a piece of BITT real estate?
One of the features of your project is Airdrop for other projects. Since Ether commissions are sometimes larger than the transaction, what are your plans? Are you working on a transition to Polkadot or launching a token on Tron or BSC, for example?
On your website it says BitSwap rapidly scanning over 14 DEX protocols chooses the best price. But do you include the slippage when scanning those DEXes? Because one may be lower price but with higher slippage. How do you take that into account?
Recently, the first BITToken’s centralized exchange arrived, apart from trading activities. how can users benefits from this listing
The dex protocols you are mentioned also does presale and public sale’s. So when there is a IDO for example on Balancer are there any possibility of them to block the IP or APIs of BitSwap as they detect your system as bot and block the orders?