Recap AMA BitCrush x Town Ventures Community
Recap AMA BitCrush x Town Ventures Community
Content Ama today :
I- Q&A about BitCush , Guest
II- 5 community questions about BitCrush
Ama started
I- Q&A about BitCush , Guest
Woo Tran : Welcome to join Ama with BitCrush
BitCrush Acrade : I’m so happy to be here
Woo Tran : Welcome @Bcarcade to the Town Ventures community !
I’m Woo Tran will be hosting today’s Ama, and Quynh cherry is the translator
BitCrush Acrade : Great! Looking forward to spending great time together
Woo Tran : Are you ready ? @Bcarcade
BitCrush Acrade : Yes! I hope Cherry is ready as well becuase I have a TON to talk about! , I will say done after I finish answering so you know I am finished.
Woo Tran : thank, Can you introduce yourself as well as the Bitcrush project?
BitCrush Acrade : Yes!
First of all I want to say thanks to Town Ventures Community for hosting this AMA, I’m really excited to be here. Also thanks to everyone here for showing up Friday, it really means a lot.
You guys can call me Master Blaster, and I’m the one steering this ship. It’s a project I love that was incepted way back in Q2 2019, and have been steadily progressing on over time
So to finally be as this stage is so exciting for me and everyone that’s been along on the ride so far
I’m stoked you guys have welcomed me into your community. It feels great to be here.
We’re a small but passionate team from around the globe, ranging from Asia to Europe to S. America, and we’re growing in numbers every day. I myself have been in the crypto space since well before the 2017 bull run. In that time I’ve seen a lot of good and bad come and go, but I really love the DeFi space and what it’s doing at the moment. All the attention the space is getting right now is monumental in the long term great for greater blockchain adoption I think. So many people I know now understand Eth and smart contracts because they were introduced by NFTs. How wild is that? The thing I love most about DeFi is allowing people the freedom to invest in their futures the way they want to. It’s empowering and I love that.
In addition to the blockchain side, we also have years of experience in entrepreneurship/business dev, the online casino industry, advanced degrees in marketing, and more. We now have an amazing Game Dev team, as well as just onboarding an awesome marketing team this week.
Joining me tonight is also our CTO @Semili93 who is an electrical engineer, as well as our resident smart contract and react wizard, and our lovely CMO @moondriver1.
Before I jump in I do like to emphasize one thing, and that is we are not a degen project. We are not aiming for a 20x in 3 weeks only to abandoned the project. We’re creating something long term we want to 1000x over 2–3 years. A lot of projects still doing well right now were launched last bullrun, and that’s how we approach things.
Bitcrush is a GameFi platform launched on BSC back in June 21, with product rolling out over the last half of the year. Our first use case focused on a hybrid system of casino games. There was discussion post IDO to pivot directly into Gamefi first, but our hybrid system has merit outside of casino games so we thought it best to continue down that path.
We’re calling it a hybrid system for a few reasons.
First of all we’re integrating DeFi concepts into iGaming. One important distinction to make is that we are first and foremost a DeFi and gaming platform that is launching casino games as our first use case, not a casino using crypto payments. This is important to note, as we’re working hard to introduce the transparency you deserve in DeFi, that other casinos just aren’t providing at the moment.
Being active in DeFi for some time now we’ve seen some projects attempt to give their token use case by adding games. The issue is that blockchain and casino functionality are kind of at odds. (no pun intended haha)
While decentralized casino games are trustless and can provide a more fair experience (albeit not fully decentralized), they’re slow and expensive, and provide kind of a lame gaming experience. I don’t know if you’ve ever noticed how decentralized casino games are just kind of a bit “different” than traditional casino games. Not to mention all the transaction fees eat into your sweet profits. It’s tedious, and expensive, but it’s transparent.
On the other hand are of course provably fair/centralized crypto casinos, which offer a superior gaming experience. However, while they do accept crypto, they are custodial and centralized, meaning you must trust them with your funds. When you deposit, you need to hope they will give you your funds back at some point. If they rug, or get shut down, there’s nothing you can do.
Where we differ is a live wallet contract that links with our own provably fair games, as well as 3rd party slots, that allows you to play without the need for custodial deposits. What does that mean? When you deposit, your funds are kept in the smart contract, and you can get them back any time. If our server or front end goes down, or if we’re shut down for any reason, you can claim your funds back from the smart contract directly at any time. This allows for the transparency of decentralized games, while offering the better experience of centralized game play. This happens without the need to Sign up, give us your email, or anything else like that. Find the game you want, add funds, play, and feel safe knowing if anything happens your funds are there waiting for you. It all involves a complex dance between the server and blockchain with constant syncing at different intervals, transactions we pay for as the house I might add, and allows for a simpler and more streamlined non-custodial system. Additionally our staking pool 2.0 is auto-compounding, that in addition to rewards, you also get auto-compounding casino profits.
BITCRUSH ARCADE, [2/25/2022 9:08 PM]
Now that Bitcrush and Bitcrush Arcade are rolling out their products, and $CRUSH is entering it’s deflationary phase, it’s time to introduce phase 2, which involves what we’re calling the Invaderverse.
This includes our cross-chain multiplayer Planetary builder attack and defense game N.I.C.E. Invaders, our Crushed NFT collection Mad N.I.C.E. Invaders, and open world sandbox Crush Planet.
Mad N.I.C.E. Invaders Crushed NFTs will begin minting early March, with N.I.C.E. Invaders rolling out late Q2.
$NICE (which stands for Nice Invaders Crush Everything) is the currency that runs it all, while $CRUSH transitions into more of a share token.
To break it all down, we have Bitcrush (defi), Bitcrush Arcade (Defi casino), N.I.C.E. Invaders (P2E), Mad N.I.C.E. Invaders (nfts), and Crush Planet (openworld sandbox)
done!
Woo Tran : Yes, Town Ventures is also happy for your presence today, BitCrush is a great project.
BitCrush Acrade : Thanks!
Woo Tran : So the community doesn’t have to wait any longer than can you share with us what the project has achieved and about the roadmap in the near future?
BitCrush Acrade : Yes the fun stuff!
verything not delivered is already in progress.
Bitcrush arcade is already live with over 30 games. Our Live wallet is live with new LW tokens ready for audit. Our Crush n’Burn lottery is already live. Our farms and pools will be submitted for audit as soon as our Bridge audit is finished. All this is easily launched on Fantom as well.
Our Crushed NFT sales will begin next month. N.I.C.E. Invaders and our Marketplace is already in development. Crush Planet will begin Dev in Q2. We also have Affiliate products for everything slated, nft gamification for Bitcrush Arcade, additional games and more all ready to start.
I think its important to note that our phase 1 (Bitcrush Core) and phase 2 (invadervese) dev teams are separate (with some overlap) so we can work on these simultaneously.
As far as Crushed NFTs, here’s how they work.
All collection NFTs have the ability to become Crushed, that means it’ll have a counterpart in-game. Crushed NFTs and their ingame counterpart are separate and can be sold/held/exchanged differently. At any given point, if the owner of the in-game NFT decides to do so, they can Uncrush them which removes the in-game NFT and returns the non-game NFT to an uncrushed state.
Holding both in-game and non-game NFTs has it’s advantages which we’ll detail when the game launches
We’re minting our NFTs starting in the 2nd week of March.
Each NFT has a corresponding game character that can be claimed, meaning when you buy the NFT collection piece, you now have a game character of that same role with similar rarity. You can sell each independently, or you can keep them both in the same wallet, and earn rewards from our marketplace. When the collection piece and the game character are in the same wallet, even cross chain, we are calling those Crushed NFTs, and you will earn rewards.
As a side note, the Emperor NFT is very valuable in the Invaderverse, almost like God Mode. There are only 100 planets, and only 100 Emperors. Each planet requires an Emperor to start the production of $NICE for that planet, recruit the other 9 characters, and so on. They can also step into the roll of the other characters as well.
We have a ton of products rolling out for Bitcrush, Bitcrush Arcade, our Crushed NFTs, N.I.C.E. Invaders, and Crush Planet. In addition we have a marketplace in development as well.
Let me paste my roadmap real fast so you can do a deep dive post ama.
You can see more at https://www.invaderverse.com/
as well as our teaser video here:
https://www.youtube.com/watch?v=G9_9zI3U10A
done!
Woo Tran : Wow, NFT is very prominent right now, but BitCrush is probably the coolest project ever. The project is very clear, very beautiful.
BitCrush Acrade : Thank you
This is an example of one of our Emperor NFTs
Very much rare
Quynh_cherry : So beautiful. It’s amazing
BitCrush Acrade : Thank
Quynh_cherry : Look cool
BitCrush Acrade : Yes our artist is amazing. I hope you can all make it for the minting in a few weeks!
Woo Tran : We will come to the next question ! What memorable milestones does Bitcrush have in the research and development process?
BitCrush Acrade :
We’ve always had a game first approach. This is why we built the casino before launching our pools/farms. Gamefi has always been part of the plan, even as back as far as the first WP in 2019 pre-Defi. Back then it wasn’t play to earn, it was called behavioral mining, or wager mining.
Everything we do is meant to focus on the user, safety, and providing a unique experience. It’s why we say P2E(squared), which means play to enjoy to earn. If a game sucks, earning won’t help. If it’s fun, people will play regardless.
Additionally we don’t believe that P2E should equal pay to play, so we’re introducing initiatives that allow users to play the entire game for free. It’s important to have that option in games, without stifling the earning ability.
$CRUSH was designed to be deflationary, with a secondary token always in the roadmap. $CRUSH was meant to lead the way, and then fall back while a primary currency took over. In addition to $NICE powering our upcoming pools and farms, our games, marketplace, etc will all be centered around earning and using $NICE for purchases to power the economy, while $CRUSH use case will be relegated to staking. For instance in our upcoming game N.I.C.E. Invaders, $NICE production will begin by an Emperor NFT staking $CRUSH to begin the $NICE production, and $NICE will be earner, used for resources, buying and selling characters, and everything else. Additionally $NICE will be used to reward Crushed NFT holders, land shares, and so on. While the use case of $NICE will continue to be expanded, deflationary mechanisms are in place to control the rate of inflation.
There’s a ton of ups and downs that new projects go through it all spaces. I think it happens with new projects a lot. I’m a serial entrepreneur and I’ve gone through this before. The original team built a great product for us previously. But for some reason when it came to launching Bitcrush, they we’re overly confident, but greatly under delivered. Once we figured this out, we offboarded immediately, and pivoted. It’s always tricky, but the key is to take action and get the work done. This was back in November, and I can honestly say we’ve grown so much since making that change. We’re in a much much better situation than we were before. Sometimes these things can be good in the long run, and I don’t think we’d be expanding like this if we were still with the old team. In fact I know we wouldn’t.
Tbh, I love everything we do. How do you choose your favorite child? I’m proud of Bitcrush and all we’ve accomplished. I think our Crush NFTs are not only amazing, but really interesting tech, I think our P2E game is coming out super super cool, and I’m so excited for how we will be differentiating ourselves with Crush Planet. done!
Woo Tran : There’s a lot to be involved with with BitCrush , it’s probably the first project with so much functionality..! and maybe after today’s questions the Town Ventures community will also join BitCrush .. because it’s so hot
BitCrush Acrade : You’re more than welcome
Woo Tran : Now can you share with Town Ventures Who are some of Bitcrush’s business partners/customers?
BitCrush Acrade : great
So far we’ve managed to build great community from Beefy to Apeswap to babyswap to knight swap. We’re looking forward to creating new partners cross-chain on Fantom, as well as potentially Heco as we’re in discussion with their team. We currently have our own bridge built and audited, and will begin to plan cross-chain expansion after our farms launch. Our NFTs will live on Ethereum, and use our hybrid model to allow players to claim characters regardless of chain they wish to play on, and allow them to earn rewards by Crushing their NFTs. Ethereum and Polygon are also in the internal roadmap.
n addition to our core devs, we have game development partners who have joined forces with us, You can see them here:
https://www.frag-games.com/
oh yeah we just onboarded a big marketing firm that helped moon Crypto Blades.
Additionally we have one of the greatest communities in Defi, and we’re about to take off. Hope you all come along! done..
Woo Tran : Joining BitCrush, Town Ventures will certainly participate, but to attract more you can share, what does Bitcrush plan to do to attract more users in the near future?
BitCrush Acrade : Yes. We have so much in the works. As we continue to onboard our big marketing firm, we’re in discussion with an additional firm who’s worked with Star Atlas, Sandbox, and Axie to name a few. We’re gearing up for a massive push to grow our discord community for our NFTs and P2E game etc. Everything we’re focusing on right now is all about growth an expansion. We expect a radically different project over the next few months as we continue to push forward. done
Quynh_cherry : It’s Amazing . I love it
BitCrush Acrade : Haha thank you
Woo Tran : Yes, now we have a very good understanding of Bit Crush, but I think a lot of people here want to know more about Bit Crush, Now @Bcarcade will meet with the Town Ventures community.
I will open chat , @Bcarcade are you ready !
BitCrush Acrade : yessss
II- 5 community questions about BitCrush
Member Tran Anh Vu : I want to ask if my team will have its own NFT marketplace or will it integrate with opensea?
BitCrush Acrade : This is a great question. We will be doing both. Our Collection NFTs will live on Opensea and other marektplaces for the time being, however we are building our own marketplace.
The revenue from this marketplace will be shared with Crushed NFT holders, as well as revenue share for people who own real estate and build on it in Crush Planet when we launch. By owning real estate in our open world you’ll receive funds from sales!
Member Rosalina Bray : Do you have Whitepaper if yes, please share it with as secondly do you have plans for pre-sale? Now where can we Join it?
BitCrush Acrade : Yes. Please read the whitepaper found at Invaderverse.com, and we will be launching sale details in a few hours.
Our sale will be Wedensday March 2nd at 14:00 UTC, and our first round of NFT minting will happen the 2nd week of March as well. Stay tuned for more!
Member Lecia Mcintite :Too many projects promise magic but never release any working product or prove any revenue, Within a short/long time of release. Is your project also like this? If not can u tell us, What makes your project different from other projects? @Bcarcade
BitCrush Acrade : Unlike other projects, many of our products are now live, and those that aren’t are already in developement. We’ve been around for about 9 month already, and are now expanding. Our risk is much less than new projects as we have been through all the ups and downs so far, and here we are!!!
Member Locie Giffin : Almost 4/5 of investors are focused purely on the price of token in short term instead of understanding the real value and health of the project. Could you tell us on motivations and benefits for investors to hold your token in long term?
BitCrush Acrade : Yes. Good question. As mentioned, we are not so worried about short term movement, but instead building a massive ecosystem than can expand years. We would rather 1000x in a few years, than 30x in a few weeks. For this we engage with our community a lot, and offer handsome rewards to keep our community invested for the long term.
Member Susie : Are you planning to promote your project in countries / regions where English is not good? Do you have a local community for them to better understand your project??
BitCrush Acrade : Yes we definitely are planning this. If anyone would like to help us build a community of non-english speakers I highly recommend you to contact @moondriver1 and offer to help. It’s a perfect time as we are heavily expanding our marketing efforts!!
Quynh_cherry : It’s so cute❤️
BitCrush Acrade : Haha yeah we have some amazing designers in our community
Quynh_cherry : Sound great !
Woo Tran : Thank you @Bcarcade for sharing today, for your presence at Town Ventures. Town ventures wishes you and BitCrush to grow more and more.. in the future there will be more partners, more investors!
BitCrush Acrade : Yes thank you so much! As we get closer to launch we can come back and share progress. Hope to see you all in chat, and don’t forget about the sale and NFT minting coming soon!
Thanks again everyone, and have an amazing weekend!!
Quynh_cherry : I hope you too
Woo Tran : Let’s end Ama here, the reward will be announced later. If you have any questions about BitCrush, you can join the group link at post Ama
BITCRUSH
WebSite Bitcrush (https://www.invaderverse.com/)
Telegram BitCrush (https://t.me/Bcarcadechat)
Discord BitCrush (https://discord.gg/xbHJdF8Z9e)
TOWN VENTURES
TownVenTures Chat (https://t.me/TownVenturesCommunity)
Twitter Town (https://twitter.com/Town_Ventures)
Telegram Channel Town (https://t.me/TownVentures)
