BitHotel AMA Recap (11 Nov 2021)
Hello Birdies! Welcome to our 7th Edition of the ‘No Fuss AMA’, where the birds leave all the hype aside and focus on fun, casual banter and real exchanges with upcoming projects.
Today we are hosting the BitHotel team ahead of their Seed Round on SuperLauncher on 15 Nov at 2PM UTC. We have had a great experience working with them since day 1, and have been amazed at how hard they work to bring nothing but the best :)
If you have not read up on BitHotel, check out the Sale Details
There’s also an opportunity to participate in a $1000 Giveaway
Be sure to check out their socials as well
Pinky SuperLauncher — Hello @leontheadmin and @larenzcrem, its very nice to have you here. Thanks for taking the time to spend some time with us ahead of your sale, must be a very packed period :) Please give us an introduction about BitHotel, and the Team.
Leon BitHotel — Definitely! 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.
Creamy BitHotel — Our CTO @bramhoogenkamp has released papers on decentralized server tech, he has an extensive background in tech too. 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. Has been an incredibly packed period indeed, but we are even more packed with excitement!! 🐥
Leon BitHotel — Our team is fully doxxed by the way, and consists of quite a few A-players right now, more than we can introduce!
Pinky SuperLauncher — Could you tell us a little bit more about BitHotel, the metaverse itself, and how users can participate?
Leon BitHotel — Of course! 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 to earn tokens in-game. 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.
Users will be able to meet and chat with other players, compete on our various ever-changing mini-games, and collect rare NFTs. Every game has winners and losers, thus there will be a global leaderboard that keeps track. Frequent events will be hosted in which players can meet and mingle. Players will be able to have (platonic) relationships, this would allow them to “combine”, by burning two NFTs to generate one of higher rarity.
A metaverse would not be complete without governance, We will have a decentralized voting model that determines future content, this will be based on staking allocations and in-game achievement. Next to that, just exploring the hotel will be a real nostalgia-inducing adventure! Game beta will be showcased in Q1 2022!
Creamy BitHotel — The current planning for the full game is start of Q2 2022!
Pinky SuperLauncher — It looks amazing, can’t wait to be walking around and interacting in the metaverse :) BitHotel seems to have adopted launchpad strategy as an engine of growth. Could you comment on that?
Creamy BitHotel — We won’t be able to miss a giant pink bird walking the Bit Hotel hahaha!
For sure, our launchpad strategy is rooted onto what we want achieve with our fundraising, and with Bit Hotel as a whole. We want to make Bit Hotel as accessible as possible, and we want as many people as possible aware and involved in Bit hotel. We thrive on communities, we essentially we aim to provide a hub for all kinds of communities 🙂 Including the beautiful Aviary.
So, having all these Launchpads will get our BTH tokens in the hands of an incredible amount of investors — who will all have eyes on Bit Hotel. Furthermore, we are able to capitalize on the unbelievable amount of marketing capacity that these combined launchpads have. 🙂 We think it is an win win win situation, for holders, launchpads, and the Bit Hotel metaverse.
Leon BitHotel — Don’t get us wrong though. It is no secret that great marketing and player-growth requires great investment. We have a substantial marketing fund to help us reach a very broad array of potential investors and players. This will help us maintain our exposure, and branch out to reach users whom have not entered the metaverse domain yet. Our game is designed to be very accessible, and have a low barrier to entry, thus very attractive to new gamers!
Pinky SuperLauncher — Marketing is super important, as you have rightly pointed out. The fundraise and launchpad rounds help with both funding and exposure. It seems you have a launchpad roadshow coming up :) With Superlauncher kicking off your seed round.
Who are the partners you have onboard?
Creamy BitHotel — So, we take a lot of pride in our partnerships, and this one we have with all you birdies is very close to our heart 🙂
Current partnerships include: Enjinstarter, Lithium, TruePNL, HODL, Dutch Game Studio, Altcoin Buzz, and many more!
We still have absolute smashing partnerships that will be announced in due time 🙂
Pinky SuperLauncher — :) Very excited to be this early. It’s an experience for the birdies to be part of a seed round, our first in the aviary :) So thanks for taking us through that journey.
Before we open up to the floor, a final question — You had initially planned to do a direct listing, but have changed this strategy to include a small public round — talk us through your thought process behind that.
Leon BitHotel — Excellent question, there is indeed a strategic advantage there. By giving some communities the right to get in at a lower tokenprice we can offer communities the rights to invest like a venture capitalist, truly getting them on-board for the long-term.
To accommodate the best launch possible there were some very cool partners that even wanted on-board at a higher tokenprice than was given to these private round Launchpads. Creating the possibility for a slightly larger raise (so more marketing and development budget) and more partners!
While keeping the playing field of investors as level as possible (similar market cap at launch & exact same public IDO price as was initially planned).
So in short, a win-win for everyone!
Pinky SuperLauncher — Thank you for that! More partners = more exposure = happier investors :) Great strategy. Thanks @leontheadmin @larenzcrem, we’ll now open it up to the community
Refer to SuperLauncher Telegram Chat where the community round occurred using this link: https://t.me/superlauncher/144467
— -END OF AMA —
About Bit Hotel
Bit Hotel is a Hotel Metaverse with a built-in game economy, where players can purchase hotel rooms, ranging from studios to penthouses, and decorate them with in-game items. Residences can be bought or sold anytime, in the Bit Hotel marketplace. Players can also chat and trade with other players, and battle it out in mini-games to earn token rewards, which can then be used to redeem for NFTs. Playable character designs with different rarities will be released and allow players to differentiate themselves from others.
SuperLauncher is an investment DAO that funds and collaborates with projects that are shaping the future of the blockchain. We facilitate mass participation in Seed/Private/IDO rounds through our smart contract architecture and offer a feature-rich platform that powers flexible and decentralized management of capital.