Bit Hotel AMA Transcript

Andrew (BSC.News)

Hello everyone and welcome to the AMA with Bit Hotel! 

Today we have 3 members from Bit Hotel joining us to talk about their exciting new project! Great to have you all here

Crypto Creamy (Bit Hotel | Partnerships Lead)

Hey guys 😄

Excited to be here

Andrew (BSC.News)

Yup! Great to have you here :)

Leon

Glad to be hear guys!

Andrew (BSC.News)

So how this will work is, the AMA will consist of two rounds. The first round will be us going through the questions that I had prepared for you before hand. And then the second round will be a community round where I will open up the room to allow questions to come in. The second round is also where we will select the two winners of our giveaway. Sound good?

Leon

Sounds like a plan boss!

Bram (Bit Hotel | Tech Lead)

Hi everyone!

Crypto Creamy (Bit Hotel | Partnerships Lead)

Sounds great!

Andrew (BSC.News)

Great! So to start things off

1. Please introduce yourself and the team behind Bit Hotel.

Bram (Bit Hotel | Tech Lead)

Of course

My name is Bram and I'm the CTO of Bit Hotel. My background is in Computer Science. I have been a freelancer for seven years now.

After some years of developing these web applications for different companies, I started a startup called Social Audify. Social Audify is a SaaS platform that automates different processes for social media marketers.

One year ago, I quit Social Audify to start researching decentralized ledger technologies and began developing smart contacts on these DLTs.

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.

Creamy, 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.

Leon

By the way guys, you should definitely check out our community channel if you have any questions or would like to partner up:  t.me/bithotelcommunity Also definitely check out the upcoming NFT drop and whitelist before it's too late: https://bithotel.io/#/pre-order

Andrew (BSC.News)

Okay nice! Thanks for that introduction!

2. What is Bit Hotel?

Crypto Creamy (Bit Hotel | Partnerships Lead)

Very important question

Leon

Pfew tough question as well

Andrew (BSC.News)

Hahaha

Crypto Creamy (Bit Hotel | Partnerships Lead)

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

The NFTs have in-game usability such as characters, hotel rooms, and accessories and have each their own perks. These NFTs can also be traded on the open market that will be released around year's end.

It looks like this!

Crypto Creamy (Bit Hotel | Partnerships Lead)

Users will be able to meet and chat with other players, compete on our various ever-changing mini-games, and collect rare NFTs

Furthermore, We will have a decentralized voting model that determines future content, this will be based on staking allocations and in-game achievement.

Andrew (BSC.News)

Awesome! To go more indepth

3. What are some key features of Bit Hotel?

Crypto Creamy (Bit Hotel | Partnerships Lead)

So

One of our key features, is that users can compete

we have a global leaderboard that keeps track of all the winners and losers

Our minigames will be on constant rotation, so that users can keep feeling challenged 🙂

Furthermore, users will be able to collect NFTs by winning in these mini games

Our social aspect is also a key feature

Players can roam the Bit Hotel, visit each other and enter huge conference rooms in which they can participate in AMAs, IDOs and other communal activities

Andrew (BSC.News)

Yeah to touch more on NFTs...

4. Can you tell us about the NFTs you offer and what their utilities will be?

Leon

Great question! Let us elaborate

Bram (Bit Hotel | Tech Lead)

Players can collect and trade all sorts of Bit Hotel in-game NFTs. They can show their NFT characters in public rooms and mini-games, for example, and have perks based on rarity (think: multipliers of tokens earned). Other rooms are NFTs in themselves, and players who own a room will be able to show their furniture NFTs and host clubhouse-like events.

Some of these NFTs will also have a staking multiplier, meaning that players owning these NFTs will earn overtime. And last, players that own a character NFT will be able to enjoy networking-incentives, providing unique rewards and perks to people that expand their network.

Leon

An overview of the first drop of our NFT characters!

By the way guys, you should definitely check out our community channel if you have any questions or would like to partner up:  t.me/bithotelcommunity Also definitely check out the upcoming NFT drop and whitelist before it's too late:

Andrew (BSC.News)

Okay let's touch on the rarities a bit more

5. Do rarities of characters, furniture and rooms have any effect on the gameplay?

Leon

This is the first time we formally get this question, luckily we have a clear answer!

All NFTs have perks, the rarity of the asset has direct effects on the strength of these perks

While a common rarity character has a small token bonus on earned mini-game tokens, an epic character has a far larger bonus

There also ofcourse scarcity differences so collectors might get a nice premium on the higher rarity ones

In the marketplace

Each asset class will have their own perks!

Andrew (BSC.News)

Great! So I know we touched on a lot of the in-game content

So my next question is

6. What is the gameplay like?

Crypto Creamy (Bit Hotel | Partnerships Lead)

Great, this is a difficult question to describe

We can add some media in a second 🙂

Andrew (BSC.News)

Yeah please do!

Crypto Creamy (Bit Hotel | Partnerships Lead)

There is an inspiration there

EXACTLY!

Now that is our goal

Crypto Creamy (Bit Hotel | Partnerships Lead)

We are creating a state of the art metaverse, in collaboration with a triple A game studio - that will allow us host events, minigames, IDOs, and educational programmes.

All encaptured in the 8-bit nostalgic vibe

Demographic research has indicated that most blockchain users belong to generation Y

Who grew up playing games that had these 8-bit graphics

Bit Hotel will allow all of us to feel that nostalgia again!

Andrew (BSC.News)

What years are generation Y?

Oh millennials haha just looked it up

Crypto Creamy (Bit Hotel | Partnerships Lead)

1980s - 2000s approx

Millenials are a little bit older, but pretty much yeah 😄

Andrew (BSC.News)

Ah no wonder its making me want to play Bit Hotel!

Crypto Creamy (Bit Hotel | Partnerships Lead)

!!!!!

Andrew (BSC.News)

So one thing we haven't touched on is your native token

7. What is the Bit Hotel token and what is it used for?

Crypto Creamy (Bit Hotel | Partnerships Lead)

There is a two-token system in the Bit Hotel metaverse. The BTH token will be used for staking and on-platform trading. The in-game token that can be earned by playing will be redeemable for NFT's as well grant you access to events and other in-game activities.

So, you need our NFTs to play our game

By developing the game, and marketing, the demand for them increases

In order to purchase our NFTs - you will need the $BTH token

Thus this is how we can maintain buy pressure 🙂

Andrew (BSC.News)

Very nice guys

And last but not least

8. Any exciting news you would like to announce here today?

Leon

Well there are a lot of things on the horizon!

We have some very awesome milestones planned. Q4 of this year will consist of Monthly NFT offerings, and community building.

We're doing a private pre-sale EVERY WEEK with launchpads leading up to the public IDO

In Q1 of 2022; we will be publically beta testing the game, and holding community reward events, followed by the game launch in Q2. During all these phases, we will be actively marketing Bit Hotel through our partners and KOLs.

It is no secret that great marketing requires great investment. We have a substantial marketing fund to help us reach a very broad array of communities.

To top it all off, we have an unbelievable amount of platforms lined up on which we can host our initial NFT offerings, many of which are expected to form the core of our communities that will be hosted in our metaverse.

Andrew (BSC.News)

Great and would you be able to provide us with links to your social media pages?

Crypto Creamy (Bit Hotel | Partnerships Lead)

Community

Website

Leon

Twitter:

Discord:

Telegram announcements:

Reddit:

Andrew (BSC.News

Awesome! Make sure to go and check out Bit Hotel everyone :)