We are pleased to announce our next AMA on December 7th 2021 at 11:00 AM UTC Time: Satoshi Club x Bit Hotel
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Bit Hotel Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Bit Hotel Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Bit Hotel
For more details:
Bit Hotel Website – Bithotel.io
Bit Hotel Telegram – @bithotel
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Will Bit Hotel serve globally? If yes, how will you manage a multilingual and, more importantly, multicultural platform?
How is Bit Hotel development going? Can you describe in detail current development efforts, market expansion plans, expected applications, and when will they become commercially available?
Could you tell me a little bit about Your roadmap going forward, How do you plan onboarding users and gaining more adoption for Your project?
Just like the Hotels In The Real World, I discovered that there Is Structure In The Number Of Rooms In The Hotel Building meant for purchase, And this same mechanism or structure also operate in BitHotel where there are also different floors with multiple rooms that have different sizes. How is Bit hotel structure different from that of the structure hotel in real world? What are the requirements needed to purchase different room sizes?? Are there restrictions to the number of rooms that can be purchased. Does purchasing the bigger rooms means paying a high amount as fees??
Bithotel (Explore the Bithotel Ecosystem), Play To Earn – we understand from the above, it is where an In-game items and in-game currency can be earned by the player through competing multiplayer Mini-games and Challenges. And items In-game will have different levels. My question now is what kind of items and currency would a player earn in competing this multiplayer Mini-games? How many levels are therein in the multiplayer Mini-games? Does a player need to win in all the levels therein before he can earn? Lastly, you said it is a ” Multiplayer” Mini-games, I am curious to know what number of players would would be participating in one Mini-game? Please explain to us
Bithotel ( Ecosystem)- you did said there is Mini-games and Challenges which players would participate in and I want to know what kind of game challenges would players involve in? I read somewhere on your website that there are 20 levels or so in the game and there would be a kind of weekly assessment of leaderboard and therefrom, top players would earn rewards. Does it mean that a player would have to wait for 7 days and most win in all the levels thereat, and top the leaderboard before been rewarded? Can’t a player get rewarded even if for mere participation in the either of the challenges or Mini-games? Lastly, is the reward for participating in the Challenges and the Mini-games the same or they are different in rarity and value? Please explain to us enthusiasts
In your game, you said players can Connect their wallet, play with friends and also socialize while making money. Whether they are solely trading their characters or rooms on the marketplace or they are more interested in battling with friends. Well, in light of this development, how do players trade their characters, while i saw that on your website, the interface for the PLAY GAMES AND MARKET are all tagged COMING SOON? when are you planning on making this. Options available to your community? are they using NFTs or your Ecosystems token which is the “bit hotel” coin to trade? And has your token been listed in any Exchange?
About your LeaderBoard in your Games Litghpaper, you mentioned that users would compete and that, top positioned Winners would be listed on a Global Leaderboard, for possible rewards of legendary items and tokens, in every week, So, in what ways do you rank your Top Global Winners? Is there a specific Events that you guys organize for users to participate in globally? Or you have a mechanism that automatically detect individual user progress in terms of Ranking?
One of the key features of Bithotel are Events, and I understand that Events will be frequently hosted in Bithotel Metaverse to mingle and meet new people, earn limited Edition NFTs, as well as decide on new features of the game and also Players will be able to host events in their rooms and invite other players to join. My questions are: Are the any requirements for players to join these Events? How can user earn limited edition NFTs through Events? Since, players can also host events, what are the requirements for players to be able to host events in Bithotel Metaverse? Are there any benefits or incentive Players get for hosting Events in BitHotel Metaverse?
I understand that players can purchase Hotel rooms on different rooms on the floor ranging from studio apartments to penthouse condos and more, and these residences can be purchased or sold pre-construction or post-construction in the BitHotel Marketplace. Can you elaborate more on pre and post constructed Residence? In line with this, when user’s buy a pre-constructed residence, how does he complete the residence? What are the requirements to be able to complete the residence?
I understand that Players who own specific Hotel Guest NFT will be able to enjoy Perks that will make playing mini-games more attractive and there are 6 rarities of Bit Hotel Guests, some of these will be free for all while others will be for people on same tier. Can you elaborate more on Hotel Guest NFTs and their utilities? Can you share the different rarities of Bit Hotel Guest NFTs and their Features? Can Bit Hotel Guest NFTs be upgraded? Lastly, what are the different tiers for Players and how can players belong to each of this tier?
-I learnt that in order to incentivize existing communities to set gatherings and meet up in the Bit Hotel metaverse, players will be able to proclaim in-game relationships which is one of the unique features of BitHotel. Can you give more information about this? What is the process that players must follow to establish an in-game relationship with other players? What are the requirements that players must meet to be able to establish an in-game relationship?
-I also learnt that being in a relationship will have perks and provide unique rewards to players. Can you list the perks and rewards players will receive as a result of being in an in-game relationship?
It was mentioned that Bit Hotel is aware of the fact that the cryptocurrency markets are considered to be potentially vulnerable to criminal activities including money laundering. Can you give a detailed explanation on how Bit Hotel plans to tackle this problem? Is there any system setup to ensure that the Bit Hotel platform is secure from such criminal activities. Most other platforms use the KYC system to reduce/minimize the risk of such criminal activities. Does the Bit Hotel platform also employ the KYC system to ensure the safety of Bit Hotel investors?
I found out that Bit Hotel is offering some job opportunities to interested and capable individuals. Can you give more information about this? What are the the career opportunities that available at Bit Hotel at the moment? How can interested individuals apply to the available opportunities in Bit Hotel? What are the requirements that individuals must meet before they apply for such positions? Can you mention some of the benefits that employees in the Bit Hotel platform enjoy?
1.How can i transfer Bit Hotel tokens?
2. What is your plan for Bit Hotel (BTH) from here for the next two years?
3. How do the investors benefit from this ?
I was very nostalgic about the fact that Bit Hotel employs 8-bit design, as well as characters, rooms and furniture, as it reminds me of Habbo Hotel, a game that many of us played in our childhood. I remember that in Habbo Hotel there was a VIP program, where we paid with Habbo coins to acquire the VIP user tag and we could access exclusive content. Since Bit Hotel shares similar features, will there also be a VIP program within Bit Hotel? However, at Habbo Hotel we couldn’t make money while playing, while at Bit Hotel we can. What are the ways to earn profit while we play?
While researching for the AMA, I saw that the registration has been closed for the IGO round. Unfortunately, I was not aware of it. Thus, I am looking forward to purchase your tokens at the next best opportunity. I noticed that there will be a “FCFS round” today. Can you explain about this event? I could not see any registration details about this round. Can anyone participate when this round starts? What are the requirements to buy your tokens in this event? Can we purchase $BTH with stable cryptocurrencies such as USDT and BUSD? What is the platform you have chosen for this sale? What are the minimum and the maximum limits?
It caught my attention that your platform has a leaderboard. Is it similar to the leaderboards in other platforms? Does it work automatically or do your team members prepare it based on the performance of users? What type of factors help to get a top rank in the leaderboard? Moreover, you have stated that legendary items and tokens will be offered to top rankers. How many winners will be selected to offer these rewards? Does the selection process take place weekly, monthly or annually? What kind of legendary items will be distributed among winners? How do you calculate the token amount that will be allocated for each winner?
According to what I have read, Bit Hotel is holding a 8 platform IDO roadshow, some of them have already been fully sold. Congrats! I read that on December 7 there is an IDO on the Enjinstarter platform, do we still have time to participate in it? What are the requirements to participate? And if we don’t get a chance, what is the next IDO and on which platform will it be held? You also mention that the TGE will be held at the end of December, when will you share more details about this event? Do you already know which platform will host this TGE?
You have highlighted that Bit Hotel allows to meet, chat and compete with other players. Happy to see that you have encouraged player interactions. Can you clearly explain how do these interactions work? What type of opportunities are available to meet new players and chat with them? Do you organize tournaments to allow players to compete with others? When interacting with other players, are there any policies to keep in mind? Please let us know about your rules and regulations regarding player-to-player interactions. What will happen if someone violates these rules? Can’t he join again with the community? In addition to these interactions, is the solo playing option also available on your platform for those who prefer it?
You emphasized that owning a Hotel Guest skin will also allow each player to participate in other exclusive in-game events and modes in the future. There are six rarities of Bit Hotel guests, the most rare being the “Legendary Rarity” Hotel Guest. There is something that caught my attention and that is that you mention that the perks of those NFTs will only be known to the lucky few that will own them. Since it is the rarest and most desired by all users, what is the probability that a user will receive a Legendary Hotel Guest NFT and how many of them will there be within Bit Hotel?
While looking for information about Bit Hotel, I saw that you will have a “Free-To-Play” option on the game, can you tell us more about this? How will the Free-To-Play mechanism work on Bit Hotel? What kind of actions will Free-To-Play players be able to perform on the platform and game comparing it to those actions buyers will be able to do? Also, is there a limited amount of tokens players will be able to obtain this way in order to push them to become buyers? On the other side, I want to know, what kind of advantages and benefits can I get by becoming a buyer on Bit Hotel instead of playing Bit Hotel as a Free-To-Play player?
Something that caught my attention immediately was the fact that Bit Hotel seems to me to have a huge inspiration from Habbo Hotel, a 2D social game that was really popular on the mid 2000’s and that actually still exist to this day. So, I was wondering, did you get inspiration to create Bit Hotel from this old beloved game? If so, what about it inspired you to create Bit Hotel? Also, whether if it was purpusely or not, both games have a huge resembles, from the way characters look, to how the hotel and rooms in it look like theirs as well, so I was wondering, aren’t you worried this similarities could lead to bad situations? What is exactly different on Bit Hotel from Habbo Hotel? What will make you different from Habbo to avoid lawsuits of any kind and other legal issues this might bring to you, your project and users?
Because they felt the need to postpone their private sale, as has been the reception of their project in the community and cryptographic space, which you can contribute to this industry and its users, consider being able to become a tool that produces economic sustenance of its users?
Why do you consider it important to redefine the blockchain gaming industry, what are the adjustments that according to your appreciation should be made, what are the ways that your guests can apply to really win through your BitHotel, what do you think is the reason? Why have most Blockchain games relied too heavily on collectible models?
Can you list 1-3 killer features of @bithotel project that makes it ahead of its competitors? What is the competitive advantage your @bithotel has that you feel most confident about?
Are you planning to promote your @bithotel project in countries / regions where English is not good? Do you have a local community for them to better understand your @bithotel project??
As an addition to @bithotel Games you are developing @bithotel Gamebox that will complement gaming platform in more traditional way while also utilising games to boost user engagements, revenue sharing channels with partners, brand image and awareness. Does it mean that the same games will be presented on your launchpad and Gamebox? What are the differencies in award systems used? From user perspective, can 1 login details be used on both platforms for shared game progress? Thanks!
I read that: “In-game items and in-game currency can be earned by the player through completing multiplayer mini-games and challenges”. But while looking for information about this mini-games, I couldn’t find anything related to it, so, can you tell us more about them? What kind of mini-games will be available on Bit Hotel? Will this challenges be created by Bit Hotel’s team or will they be stablished by players themselves? As a 2D social game, what will users have to do in said games? Also, I was wondering, how will I, as a player on Bit Hotel, be able to play said mini-games? Will an entry fee be required to participate in this mini-games? Is there any limited amount of time that I can play this challenges and mini-games?
Users will be able to meet and chat with other players, compete on our various ever-changing mini-games, batle your way up the global leaderboard and come together in events.Are there certain ranks available in your game for players to attain the leadership board? Users will be able to use their rooms to host small gatherings and use it as their own personal social hub. Are revenues derived from players
using their rooms to host small gathering?DAOss and communities will have club houses; in which they can host AMA’s, organize IDOs, and other communal activities.will the club houses have features of a real life club house? How will the community raise funds to facilitate this project? Bit hotel offers users authenticity, anonymity, and the reminiscence of their 8-bit upbringing.can you elaborate on your 8-bit upbringing? what is is all about?
Hello, Bit Hotel’s Team!
While reading your website, I could see that there are a lot of features on the platform, one of them and the one that standed out the most to me is “Relationships”, which will work as an incentive to set gatherings and meet ups in Bit Hotel. That being said, could you give us more details about how this Relationship feature will really function? Will there be any kind of way to formalize our relationships status in Bit Hotel such as marriage does in real life, for example? Will does kind of titles be in Bit Hotel as well? If so, how will I be able to formalize a relationship and hypothetically get married on Bit Hotel? Will I have to pay something for it? Besides, knowing that this is an incentive to set gatherings and meet ups, what kind of benefits and advantages can someone receive from this relationships to make them appealing to users as well?
Hello, Bit Hotel’s Team!
I could observe on your website that there will be a Staking feature included on Bit Hotel, however from what I could understand is that this staking system will be different from what we are used to, because tokens can be stake in-game. That being said, could you give us more details about how this in-game staking system will really work? How can someone stake their tokens in-game and what kind of benefits will this possibly bring to them? What do players need to do if they want to stake their tokens? Besides, what advantages does this innovative staking system will bring to Bit Hotel players that conventional system we are used to see won’t be able to provide to them?
Hello, Bit Hotel’s Team!
I was reading your Medium Articles and you talked a little bit about the Governance Model of Bit Hotel, where players will be able to participate in by staking their tokens but also thanks to their in-game achievements. That being said, could you please give us more details about this Governance model? How many tokens do players need to stake in order to be able to participate in the governance of the game? Also, please give us more of an inside look about this achievements? What kind of achievements do players need to get to be part of Bit Hotel’s DAO? How can they get them said achievements and how many will they need to qualify as a candidate for the governance of Bit Hotel? Most importantly, what kind of actions and decisions will players be able to take part in on the governance of Bit Hotel?
I read that your platform also has very attractive minigames, what are their functions and uses, you can monetize through them, tell us a little about your community and your participation in governance, they have local communities, the rarity of the game’s elements gives some advantage to its holders, how will the reward distribution system be?
Hi bit hotel,I learnt that you are looking to hire an experienced solidity smart contract engineer who has experience in designing/developing secure and efficient solidity contracts and also a game developer who has experience in
-excellent written and spoken communication in english, general knowledge of the play to earn gaming industry, experience with full cycle game development, understanding of network fundaments and game networking modes and also experience with typescript. Knowing of some individuals with a great experience in the above mentioned criteria (game developer),can you tell us how they can apply for the position, what are the requirements the applicants can meet? How many game developer are you planning to hire? Can you tell us how and where those who are interested should send their applications?
I noticed two coins on the BitHotel platform, they are $BTH and $BHOTEL. Can you tell us why you are using a dual coin system? Will $BHOTEL holders and $BTH token holders have an advantage over each other? Which of your tokens is more scalable, can you tell us about $BTH and $BHOTEL in simple sentences?
How has the path of Bit Hotel been since its inception, how has the commercial development and marketing of your project worked. Who is taking the reins so that your project has good marketing? Do you have a good Marketing team? Can you tell us a little about your team and Marketing leader? What events are you organizing on social networks to motivate the community and attract more cryptographic and non-cryptographic users to the BitHotel project?
Normally in a literal hotel before a guest can have a right to a hotel room, he will have to pay or purchase it,each room have their prices depending on how renovated it is,and each rooms have identification tag either by name or by number,BIT HOTEL rooms are on a different floor of the hotel ranging from studio apartment to penthouse condos and more,can you kindly name the different rooms available in bit house hotel? Are there rooms that are more renovated than others?does the prices of rooms differs according their renovated state? What is the minimum/maximum rate that a room can be purchased in bit hotel? What are the requirements to purchase a room on a higher floor? And the requirement to get a room at a better rate?
How are you different and unique from all the other projects that exist? What makes your Metaverse different from others that already exist? Can each user be totally individual and have their own identity within the game despite being 8bit? How many minigames are there in Bit Hotel and how can we play it? Is there a native BitHotel token with which we can invest in the game? to buy NFT or play the minigames or can we make NFT purchases with other cryptocurrencies or stablecoins? Is your game inspired by the online game HabboHotel?
The staking feature in your platform seems to be one of the most interesting characteristics of the ecosystem. I read that we could stake our tokens in-game- we can invest in an in-game property, and get rewarded by it. Would you elaborate on this? Could we invest in multiple properties without limit? Will the feature be available as soon as the game is live? Also, will we also be able to stake our tokens outside the game? How will it work?
Bit Hotel will have a decentralized voting model that determines future content, this will be based on staking allocations and in-game achievements.So can you tell us more on how voting works on your platform?When you say that your voting will be based on staking allocation,do you imply that users will have to stake an amount of $BTH before they can participate in your ecosystem voting?Will there be any kind of different staking tiers? Concerning the in-game achievements players will have before they can also participate in your voting,what will be the required achievements players have to get in your game before they can participate in your voting?Can you specify the number of in-game achievements? Thanks
In order to incentivise existing communities to set gatherings and meet up in the Bit Hotel Metaverse players will be able to proclaim in-game Relationships.Can you highlight what this in-game Relationships are?You also said being in a relationship will have perks and unique rewards to players.What are the process of getting into a relationship with other players?So what are the different kind of rewards will players receive when they are in a relationship with other players?How many players in the game can a player get into a Relationship with? Please explain Thanks.
Being in an in-game relationship will have perks and provide unique Rewards to players. Would you specify what are those perks and rewards? Do we need to pay to start a relationship (like in some games you pay to breed)? Also, can one user have multiple characters? Could we start a relationship between our own characters? If not, how will you prevent that situation?
As stated the Bit Hotel coin will be used as the currency for trade between players if so how do the player’s monitor and have a guarantee of a safe transaction between other players as regards trading with the Bit Hotel coin.
In BitHotel players will be able to acquire land inside of your Metaverse that can be used for a multitude of things.First can you tell us,how many lands do you have in your Metaverse? How many lands can a player purchase and at what cost?Can you share with us where we can buy this lands/the process of buying a land and what are the multitude things players can do on their lands? Please explain Thanks
How those a player gets to understands and follow up the in game market system and be able to freely trade the items at a most favorable time in the in game market place.
In order to provide best experience to players to inside of the bit house metaverse players will be able to proclaim in-game relationship.being in a relationship will have perks and provide unique rewards to players. Please can expantiate on this, what can of relationship is mentioned here? What best experience will players have from proclaiming in-game relationship? What unique rewards will be giving to players in relationship? And how will the reward be determined?
How those Bit Hotel intends to implement or build a market place that will be internationally available and easily accessible to all players, where trading of NFT’s can be done, effectively managed and monitored.
It is mentioned that in Play to Earn (P2E), players can earn game items and currency by completing mini-games and challenges. Can you describe briefly with the sample type of the games and also challenges? Can we play to earn and socialize or communicate between players at one time? If so, there’s an opportunity to gain more and manage the game and challenges, not to mention cheat. Or do players allowed to do that?
I noticed that BitHotel obligate the new players or users to perform KYC for registration. For most game players, this obligation is burdensome. Crypto users are also like to stay anonymous but still can have advantages. Can you explain why BitHotel obligate new users by KYC registration? What the main reason to perform this KYC system? For data security, how does BitHotel manage users data secure and not be leaked to other party? Thank you.
I am very excited about this project because it is very similar to the hotels I usually play, when will a beta be available to start playing?, will the first players have any benefits?, is it free to start playing or do we have to invest?, do all the things we buy cost real money or only the exclusives?
From when can we buy $BHOTEL and what blockchain is it based on? Do you plan to have other tokens besides this one? What are the ways to earn $BHOTEL within the game? Does it always have to be by betting or winning games or are there other rewards as well?
Will BitHotel be just an application or will it also have a website? I see that you have given a lot of importance to the relationships within the game, what relationships will we be able to proclaim and what advantages will it give to the users? Will the relationships be able to be between more than two players?
Will the mini-games we play to earn money be done automatically by the hotel or will they be guided and monitored by staff or other users? Are there any ranks in this hotel? If so, what are they and how can we climb the ranks? Do you plan to cover several languages or only English?
How is the support behind the game? Where can we find help if something is not working properly or we are victims of a scam? Will the rooms also have a cost or what things will be free? What are the biggest differences between BitHotel and Habbo?
Hello Bit Hotel team. You have mentioned that users can also play Bit Hotel for free. I would like to know the following: Will players who have purchased NFT have an advantage in the game? I read that skill and strategy are key elements in Bit Hotel, and it won’t be the case that just because someone spends more that they will also be ‘better’ than free-to-play players. So how will both players differ? Will buyers have more exclusive benefits than free-to-play players? Can a free-to-play player earn more profit than those who bought NFTs? Thank you!
I understand that Bit Hotel will have a variety of guests in the hotel. So, my question is, what is the difference between the guests, how many characteristics will each guest possess, what are the advantages they have and could you tell us, how do you determine the rewards you could earn by having each variety of guests?
Hello Bit Hotel team- You commented that in order to provide the best experience to Bit Hotel players, Hotel Guests will be able to proclaim in-game relationships. I read that these relationships will have perks and provide unique rewards to players. What are the rewards these relationships will bring to the players? By the way, a very important question … do you allow LGBT relationships within the Bit Hotel platform? Thank you!
I read that Bit Hotel will also have a mobile application for Android and iOS devices, so, could you tell us, how dynamic and easy to use this APP will be, what will be the advanced features it will implement and also tell us, how many accounts will you allow per IP?
Greetings, My question is: How does the BitHotel ecosystem work? What is the earnings model that you use within the game? What is the function of the P2E model, how many players can participate in a fight in the minigames? What rewards do those who win the fight in the minigames get? is it possible that players can collect and trade NFT within the Bit Hotel game? You can give us more details about these BitHotel functions
I read that Bit Hotel will allow players to proclaim relationships in the game. I would like to know, what kind of advantages and rewards will you offer players for forming a relationship, how many types of relationships will exist and tell us if for example, when forming a love relationship, will you allow players to breed and these can be sold as they are done in many other games and finally tell us, how will you make the player’s effort profitable?
most of the games nowadays are only profitable for a few weeks, that’s why I would like to know, how Bit Hotel will solve the profitability, tell us what are your plans to make the effort of your players be rewarded and that these rewards will remain stable for a long time and will not be affected by factors such as breeding, royalties, etc.
I read that the NFTs of Bit Hotel, consist of different digital objects; from characters, bedrooms and furniture, then, could you explain to us, the utilities and benefits of each of these types of NFTs, what makes them valuable, useful and important within Bit Hotel and how to achieve that each player has the need to acquire each type of NFTs?
Associations add a lot of value to projects nowadays and more if they are carried out with recognized companies, people, groups and / or organizations; I understand that Bit Hotel already has several partners, so could you tell us briefly why you associated with each of them, what are their contributions to the project and finally tell us, if you are looking for more commercial allies?
There are other projects that give users the opportunity to rent their NFTs to other players, and in this way, facilitate the access of the NFTs to new players while they earn profits. You mentioned a few weeks ago that it may be possible in the future to delegate ownership of an NFT … have you already made a final decision about this feature or not yet? Do you consider that allowing users to rent their NFTs would benefit the Bit Hotel ecosystem?
I read that in-game items and in-game currency can only be earned by completing multiplayer mini-games and challenges whereby items available in game will only have different levels of scarcity which is tradable through an in-game market system. What are the requirements necessary to participate in a multiplayer mini-game? Will these multiplayer be preselected before or during game play? How can I select my mini-game multiplayers?
Bit hotel consist of general and private rooms where player can interact with each other through text-based communication. What are some of the features of this text-based communicator? Does it operate an end to end system of communication? Most text-based projects comes with end to end encryption; is this available in the private rooms. what are the requirements needed to access these rooms?
I noticed that you have created two tokens, $BTH and $BHOTEL. According to the utilities you have mentioned, $BTH will be used for staking and on-platform trading. Contrastingly, $BHOTEL will grant access to events and other in-game activities. Therefore, if a user want to play games on your platform, but do not wish to trade, is it enough to hold $BHOTEL? On the other hand, can users stake and trade on Bit Hotel without having $BHOTEL with them? Since $BTH and $BHOTEL have separate utilities, is it enough to have the token type that is related to the features we hope to use on the platform? Further, I am curious to know whether $BTH and $BHOTEL are inter-exchangeable on Bit Hotel platform.
Your roadmap consists of five quarters, it starts from Q3, 2021 and ends from Q2, 2022. Will you be able complete all the developments of the project by the second quarter of the next year? You will be releasing the Game Beta in the first quarter of 2022 and the Game Launch has been scheduled for the second quarter of the same year. Will you be able to test the Beta version within one quarter? As a project with a good vision, don’t you have any long term goals? You have a target called “monthly updates” in the Q2 of 2022. It is not clear how this becomes a goal. Can you give a sneak peek of this target? What do you mean by “monthly updates”? Will you be sending monthly updates to the users after this quarter?
There are three types of private rounds on Bit Hotel, Private Angel Round, Private Seed Round, and Private A Round. Can you separately explain about the allowed participants for each round? Why did you decide to conduct three private rounds? Your token price in the Private Angel Round is 0.009$ whereas it becomes nearly 2x, 0.017$ in the public round. Why do you consider angel investors as so important and offer tokens to them at an extremely cheaper price? Conversely, why have you priced the token as 2x for the community? Please let us know whether the first opportunity to purchase your tokens for the general public is this IDO round. Can’t they participate in any type of the private sales?
Bit Hotel is a socializing game quite similar to Habbo hotel if I’m not mistaken. Users can socialize through the means of private and general rooms through text-based communication. What are the forms of socializing here in BitHotel? And how does the BitHotel Coin used in Socializing? Does joining a room cost us Bit Hotel Coin? Can we initiate parties in private rooms? Do we have to pay to create a Private room?
One component that builds up the Bit Hotel Ecosystem is that Relationships that plays a vital role on user benefit. This can encourage and enhance socializing in-game so How can affinity be built between two users in game? What tiers of relationships are possible to achieve in game? How often shall users play together to build relationships? What specific user benefits are acquirable depending upon the time they invested with each other? And lastly, how can users retain and improve their relation?
Bit Hotel’s IGO event was started on Gamestarter on 06th of December at 2 PM UTC & it will last on 07th of December at 2 PM UTC. How is it going at the moment? How many participants was registered for the IGO event & How much was the allocation per one user? What are you going to do with fundraisings from this event, Will you develop the Bit Hotel metaverse? Actually I couldn’t participate to the IGO event. But I want to take some $BTH tokens. Will there be another events in future like this IGO event to buy the $BTH tokens?
Bit Hotel metaverse is depend on dual token system & they are $BTH and $BHOTEL. $BTH will be used on staking & trading purposes. $BHOTEL can be earned by playing & NFTs. So doesn’t the $BHOTEL have a real value like $BTH? Can you show us how will the $BTH & $BHOTEL be different? What kind of usecases will the $BHOTEL included with? So what about the total supply of $BHOTEL tokens, Will it be a unlimited supply?
I learned that Bit Hotel implements a strategic policy to get to know their contributors more and of course to prevent criminal activity that is very much prominent in the crypto space specifically the money-laundering act. What is the process of this KYC (know your contributor)? Will it be a one time verification or will their activities in-game be observed as well? How will you identify the purpose of a contributor only with the means of KYC? What are the requirements to undergo the process and how long does it take? How can we be sure that our data will be safe and confidential during the entire KYC process?
I heard that Bit Hotel platform provide it’s users to monthly airdrops. Can you tell more details regarding the Monthly airdrops? What kind of airdrops will you provide, Tokens or NFTs? Will this event like a Coinmarketcap airdrops? Which requirements should Bit Hotel’s users complete in order to notify & eligible for this monthly airdrops?
From information gathered via your social channels, I understand that Bit Hotel will be having a monthly NFT Drop. It is stated that this exercise is done in preparation for the launch of the game. Can you briefly elaborate some more on this, what would be the average number and type of NFTs launched each month? May we also know how long you intend running this monthly drop programme, and would there be a chance for users to win any of the newly dropped NFTs each month? Also, since this event is a perfect way to build momentum and promote healthy community engagement, would Bit Hotel consider periodic community social events and promotional offers?
Bit Hotel is a Social-first Play 2 Earn NFT Gaming Metaverse, which every user individuality and an in-game identity within that 8-bit nostalgic charm. And they can also decorate their own room with furniture, NFT artwork and other artifacts. But, I read that only members with custom NFT characters will have an exclusive access to particular conference room. Can you please explain more about this. How can a members get access to a conference room?
The Bit Hotel roadmap show a series of high level development starting this quater and runs till Q2 2022. As provided, by the end of Q4 2021, your Marketplace should be fully functional with NFTs fully tradable. However, I noticed this feature isn’t available currently. Can you talk on this and may we know the current Phase with the implementation of your marketplace? Also, BTH is expected to be listed on Pancakeswap (PCS) by the end of current quater and you plan to release your game Beta by the start of Q1 2022. May we know, how far the team has gone with these plans, is BTH now available on PCS? How can we possibly participate in your scheduled game Beta phase?
Bit Hotel is aware of the fact that token and cryptocurrency markets are considered to be potentially vulnerable to criminal activity, including money laundering. Bit Hotel has decided to implement this KYC Policy in order to minimize and control such money laundering risks. Can you tell the KYC Procedure will enable to Bit Hotel? What are the process of your KYC Policy?
Through the Bit Hotel marketplace, Users can trade their NFTs, characters, chambers & Furnitures. Can any user use this marketplace? Should users pay a tax for using the marketplace? Will the Marketplace be implemented as a P2P marketplace without any kind of third parties? What is the in currency of the Marketplace?
As we know, There are lot of social apps like Facebook, Instagram, Telegram & Twitter. Bit Hotel project is like one of them as I felt since you have give the priority for the socialization throughout the DeFi space. Please explain us How will Bit Hotel be defeat these centralized & unsecurable Social Apps by providing a AR/VR solutions? In what way will the Chat rooms be worked, Will it be safe for users? Because most of them are trying to meet strangers.
How do you organize and plan your project work?
Do the first hotel guests give any perks to the future games? Could you make an example?
Do you plan a token staking, or DEFI implementations?
Will Bit Hotel have badges & achievements? If so how to you plan on implementing them in a way we can show off & have profiles of some sort? Kind Regards -Fello Australian 🙂
From your whitepaper it was mentioned that that in order to incentivize your communities to set gathering and meet up in the Bit Hotel metaverse players will be able to proclaim in-game relationship. being in the relationship will have perks and rewards for players.how can a player get into relationship in the game?,does that mean the does and the don’t are Determined by the players involved in the relationship and can a player have more than one relationship in the game?,can you elaborate on the protocols and features of the relationship feature?
How come there is no whitelist for token presale even we are launching on 8 platforms?
Why most of the IDO require KYC?
Are the NFT character we get now consider as the originals?
What is your speculation for this project once others take form in similar style. How will you differentiate from the others in a booming market?