AMA Recap: CRYPTO MINERS X BICTORY FINANCE

Bictory is an all-in-one Suite for DeFi and Crypto Trading. Bictory is utilizing the Blockchain Technology to develop high-performance and market-ready financial solutions in the Cryptospace. Bictory is built on Concordium, a privacy-centric, public and permissionless Blockchain. With whom they have a partnership to become the first exchange portal enabling developers, liquidity providers and traders exchange value in a decentralized way. Their crowdfunding protocol enable projects on the Concordium ecosystem raise funds in a decentralized way. The goal of Bictory Finance is to create and as the cryptocurrency space approaches maturity in mass adoption, they will continue to see more credible participants enter the space; Bictory Finance’s goal is to become the ideal destination that caters for such players. This is why the Bictory Finance suite of financial products is deployed on a regulatory-compliant blockchain called Concordium. Bictory Centralized Exchange (CEX), can rival top tier decentralized exchanges, and here’s why: With Bictory CEX, users can perform Futures trading, Spot trading, use portfolio management tools, and utilize multiple advanced order types to trade faster with low fees. The Bictory CEX was developed with robust technologies, has an amazing UI/UX experience, and a sturdy security system to protect users from hacks and loss of funds. The Bictory DEX platform will be built on the Concordium blockchain to bring high-speed and
low-cost transactions. In light of the popularity of DeFi and the growth of DEXes on the Ethereum, Polkadot, and now Binance Smart Chain space, there have been instances of high gas cost and slow transactions speed. BictoryNFT will users collect, mint and trade NFTs on the platform. The BictoryNFT platform is designed to bring artist, athletes, celebrities, brands, NFT collectors, and digital crypto natives together to move the community and the NFT culture forward.

We hosted an AMA session with Bictory on 17th August.

Mr. Ramsy was the host from Crypto Miners and Miss Minrie was the guest. She shared delightful knowledge and unique features of Bictory Finance.
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Segment 1️⃣: Introduction

Ramsy | Crypto Miners:
Hello everyone 👋 Welcome to Our AMA session With Bictory Finance

To help us learn more about Bictory, We are lucky to be joined By Miss Minrie

Minrie | Bictory Finance:
Hello everyone, Happy to be here

Ramsy | Crypto Miners:
Hey there 👋

Welcome here

Thanks for bringing Us Bictory Finance ❤️

Minrie | Bictory Finance:
hey Ramsy how are you

Ramsy | Crypto Miners:
Doing well

What about you?

Minrie | Bictory Finance:
my pleasure

Ramsy | Crypto Miners:
Hope all are going well

Minrie | Bictory Finance:
Yes!

lets get started, shall we? 😄

Ramsy | Crypto Miners:
Sure, Let’s Begin 👍

Minrie | Bictory Finance:
Awesome im ready 🙂

Ramsy | Crypto Miners:
First of all Can you introduce yourself to us?

Minrie | Bictory Finance:
Helllo everyone, I’m Minrie, I’m head of NFT at Bictory Finance, We are a multichain NFT marketplace with a high focus on Web2 Creators and 1/1s. I ran the product development department for the NFT project. Other than my day job, my favorite hobbies are collecting NFTs, trading and long walks at the beach 🙂

Ramsy | Crypto Miners:
Nice to meet you Minrie 🤝

Minrie | Bictory Finance:
thank you ramsy 🙂

Ramsy | Crypto Miners:
Now let’s start our project introduction

1)What is the vision of Bictory Finance?

Minrie | Bictory Finance:
Our vision is to become a web3 technology solutions company known for its safe and inclusive product ecosystem across chains in partnership with different teams & blockchains and course with the goal of empowering our community, traders and users.

Ramsy | Crypto Miners:
That’s cool 👍

Now let’s see our second question from this segment

2)What has Bictory Finance achieved so far?

Minrie | Bictory Finance:
We have built and launched more than 3 products including a centralized exchange, an NFT marketplace, an NFT collection backed by utilities from our product ecosystem. On the verge of launching a blockchain naming service — The Concordium Name Service (CNS)
We are also
- Two-time winner of the free and open grant on the Concordium blockchain.
- Multiple ecosystem partnerships
- Multi-chain integration on BictoryNFT

Ramsy | Crypto Miners:
Moving on…

3)Does Bictory Finance have a utility token?

Minrie | Bictory Finance:
Yes we do 🙂

To give more context, Bictory Finance has a utility token with the token ticker $BT. It has a max supply of 100M and it is deflationary by nature with a quarterly buyback and burn scheme with 25% of the company’s profit. 💵

Ramsy | Crypto Miners:
Alright, So What are the utilities of the $BT Token?

Minrie | Bictory Finance:
$BT Utilities:
- Discounted listing & trading fees.
- Staking
- Registering CCD domains on CNS
- Buying & Selling NFTs on BictoryNFT
- Voting Governance on BictoryDEX
- BictoryNFT launchpads participation

Ramsy | Crypto Miners:
Is it a deflationary token?

Minrie | Bictory Finance:
Yes. Quarterly buyback & burn program

Ramsy | Crypto Miners:
Now share about Who is the project lead of Bictory Finance and who are its advisors?

Minrie | Bictory Finance:
Joha Sulaymonov is our brave project lead. Please see the list of advisors on our website — https://bictory.io

Ramsy | Crypto Miners:
Any partnerships or funding or grants got?

Minrie | Bictory Finance:
Yes

Ramsy | Crypto Miners:
We would like to know that 😃

Minrie | Bictory Finance:
We’ve secured a number of partnerships that we’ll be unveiling soon. The ones already announced include — Assure DeFi, Wealthy Teds, Art Labs, Concordium, Hi-Label Ventures and more. you can check more articles/information of our partnership list through link: https://bictory-finance.medium.com/
We are also a Two-time grantee of the Concordium free and open grant program.

Ramsy | Crypto Miners:
How many live products does bictory finance have?

Minrie | Bictory Finance:
We have over 3 products live. One is currently in the pipeline.
https://bictory.exchange
https://bictory.art
TerrestriaX
https://ccd.domains (coming soon)

Ramsy | Crypto Miners:
What advantages do you see with having all of these products live for your token?

Minrie | Bictory Finance:
Bictory Finance’s ecosystem aims to not only be safe for DeFi and NFT investors and enthusiasts. It aims to be a sufficient ecosystem where users can meet, if not all, most of their web3 needs through one portal. Bictory Finance can then leverage on this market advantage of providing end-consumers proximity to their needs in the space.

Ramsy | Crypto Miners:
Now let’s Explore About Bictory NFT

What’s the drive behind BictoryNFT’s focus on creators?

Minrie | Bictory Finance:
Content is king, this makes its creators kingmakers. We think they deserve that extra attention in tokenizing their content, monetizing it, protecting and marketing it. The goal is to create a full service solutions for our creators, to educate and to create more opportunities in the web3 space.

Ramsy | Crypto Miners:
What will the Solana integration do for creators on BictoryNFT?

Minrie | Bictory Finance:
More flexibility and visibility for our creators. They can either choose to mint their content on a fast growing blockchain or noble privacy compliant ecosystem blockchain. We put the choice in their hands. They can also choose both. Flexibility at its best.

Ramsy | Crypto Miners:
Will your marketplace integrate more blockchains later in the future?

Minrie | Bictory Finance:
Definitely. We should be the one-stop-shop of tokenizing content across blockchains so that creators don’t have to jump from one platform to another to gain value from their works.

Ramsy | Crypto Miners:
What’s your plan to beat major competition on the blockchain just integrated?

Minrie | Bictory Finance:
We don’t aim to beat, we aim to collaborate to generally drive web3 adoption. There’s no need to fight for the small market share that already exists when it’s less than 10% of the global population. One thing we’ll do is distinguish ourselves, continually innovate so that creators and collectors will most often choose us if presented with the options available.

Our goal is to create our own marketshare and build products surrounding those users instead of catching the same fish

Ramsy | Crypto Miners:
Sounds good 👍

Now Tell us about What is CNS?

Minrie | Bictory Finance:
Definetely

It is short for The Concordium Name service. It is an open, distributed and extensible blockchain naming service which maps human-readable names to ugly and hard-to-recall hexadecimal addresses.

So instead of using your long wallet address, you can just send payments through your customized domain wallet.

Think of it as your personal domain address on the blockchain.

Ramsy | Crypto Miners:
Does CNS support other cryptocurrencies too as of now?

Minrie | Bictory Finance:
At launch, it will support only CCD. $BT and other cryptocurrency support will be integrated much later.

Ramsy | Crypto Miners:
What wallets will support this naming service when it goes live?

Minrie | Bictory Finance:
We are working to support CryptoX & CCD Official wallets at launch, All of these wallets are available for download on the appstore IOS and android.

Ramsy | Crypto Miners:
Will your tokens be used to mint this as well?

Minrie | Bictory Finance:
Yes, that functionality will be added soon as part of our use-cases.

Ramsy | Crypto Miners:
What’s the pricing for this naming service?

Minrie | Bictory Finance:
Single letters will be auctioned on BictoryNFT marketplace. This is the pricing structure;
2 Letters/Digits: $150/year
3 Letters/Digits: $100/year
4 Letters/Digits: $60/year
5 Letters/Digits: $15/year
6+ Letters/Digits: $10/year

Pre-orders are actually available. 🙂 Head over to our bictory finance announcement groups if interested!

Ramsy | Crypto Miners:
How does this compete with ENS, does CNS have any advantage?

Minrie | Bictory Finance:
For CNS allows a wider range of character length than the ENS. For example it allows for one and two characters and ENS does not. CNS is also targeted at professionals and not Anons and Degens.

Ramsy | Crypto Miners:
Where can CCD domains be sold?

Minrie | Bictory Finance:
The initial registration will take place on ccd.domains and it can be resold on any CIS-1 compatible NFT marketplace like BictoryNFT.
you can buy CNS domains on this link : https://ccd.domains
and secondary sales happens on https://bictory.art

For more information about the launch, please wait for official announcements on our groups and socials! 🙂

Ramsy | Crypto Miners:
What are the use-cases of this naming service?

Minrie | Bictory Finance:
It’s an extensible wallet naming service that can be used in a number of ways including;
* Replace wallet address with human-readable name
* Dapp Logins
* Decentralised website domain names.
* BUIDL verifiable communities.
* Developers and Builders will have the opportunity to extend CCD domains in the future

Ramsy | Crypto Miners:
When will the Token Generation Event of $BT happen?

Minrie | Bictory Finance:
It is actually scheduled for October. A more precise date will be communicated soon.

Ramsy | Crypto Miners:
Are there plans for public sale yet?

Minrie | Bictory Finance:
Yes they are! 😄

Ramsy | Crypto Miners:
Cool 👍

Of course $BT will be listed on BictoryEX, what other Exchange do you have in mind?

Minrie | Bictory Finance:
To be honest, We are yet to disclose any partnership on future exchanges that will be listed on but it will be the most beneficial for our community/holders.

🙂

Ramsy | Crypto Miners:
On what blockchain will the $BT token be minted on? Is it your launch blockchain Concordium or Solana?

Minrie | Bictory Finance:
It will be minted on the Solana-blockchain first before bridging it to Concordium in the future.

Ramsy | Crypto Miners:
Is this like an evolution of your other collection?

Minrie | Bictory Finance:
YEs

It is a genesis collection of Terrestria, currently minted on CCD.

but it would be a solana collection.

😄

Ramsy | Crypto Miners:
Will Bictory Finance develop utilities for both collections?

Minrie | Bictory Finance:
It will be cross beneficial, yes
- Utilities for concordium will center around concordium
- Utilities for solana will center around solana
Each terrestria holder will secure a WL spot on our Solana Minting for TerrestriaX
In the future, we aim to have BT as a payment option to buy/list/unlist/bid/sell your Solana/CCD NFTs

😄

Ramsy | Crypto Miners:
Moving on 🌚

What are the utilities of TerrestriaX?

Minrie | Bictory Finance:
- Augmented Reality of your TerrestriaX
- BicIII Universe — Metaverse
- Early access to Bictory events, academy, and networking
- Access to Battle tournaments and TerrestriaX competitions
- Ability to contribute as an NFT project and creator to our utilities
- Unlocked Manga series chapters
- Terrestria Exclusive Raffles/Giveaways
- Terrestria Merchandise Store
- Exclusive Brand Partnership Discounts
- Membership Access to Club/Community
- Exclusive Perks to Bictory Product Ecosystem
- BictoryEX exclusive discounts
- $BT token airdrops and rewards
- Bictory Foundation and BICTORYDAO

Of course, all of these will be broken down into phases and roadmap. we don’t promise things we cannot commit. Our goal is to provide more value with the added transparency with our holders.

Ramsy | Crypto Miners:
What’s the story behind this new collection?

Minrie | Bictory Finance:
Our NFT collection protagonist, Mimi, is on a quest to save the planet BIC-III. But to do that she needs to move to the badlands of SOL to retrieve some of her father’s lost inventions to build the machine that stops the apocalypse. The badlands is the savage region of the planet where there are no rules and survival is for the fittest.

Ramsy | Crypto Miners:
Can we see some sneak peek images or GIFs?

Minrie | Bictory Finance:
yes hold on

let me get some 🙂
More of this will be shared on our official twitter page 🙂 https://twitter.com/terrestriaX

Minrie | Bictory Finance in Crypto Miners △

Minrie | Bictory Finance in Crypto Miners △

Ramsy | Crypto Miners:
Nice Creativity 👌

Minrie | Bictory Finance:
thank you Ramsy ❤️

Ramsy | Crypto Miners:
Are there any whitelists slots available and how does the CM community get some besides the giveaway here today?

Minrie | Bictory Finance:
follow our telegram/discord group here for further announcements on WL giveaways and mint opportunities:
- t.me/BictoryFinance
- https://discord.gg/89uajYRrnu

Please screenshot the Dancing Bear 😄 on this tg link and don’t forget to tag bictory_nft and terrestriaX NFT. We will only honor those who followed and tagged us. Make sure you are following cryptominners.

only 10 winners will be announced for the FREE WL SPOTs exclusively for the crypto miners commmunity. Winners will be announced on our next AMA

Ramsy | Crypto Miners:
Thanks Minrie for this well detailed introduction about Bictory Finance ❤️

And that’s the wrap up of our the first part of the AMA session ✅

Minrie | Bictory Finance:
Thank you for having us 🙂

Ramsy | Crypto Miners:
Let’s now proceed to our Twitter Questions section

i hope you’re ready for that!!

So let’s get started 😃

Segment 2️⃣: Twitter Questions

1)Recently, BictoryNFT announced its partnership with Art Labs. Can you describe this partnership with us? How can BictoryNFT and ArtLabs accomplish same goals through this partnership?

Minrie | Bictory Finance:
We are looking to explore more physical interactions with their NFTs and give users and our creators more innovative ways to use their NFTs.

Using metadata you will be able to see your nfts in 3D and AR form 🙂

Ramsy | Crypto Miners:
2)Bictory Finance is running on Concordium chain, Can you tell us about the special benefits for Concordium? The speed and scalability? Is it fast and secure too?

Minrie | Bictory Finance:
Concordium is the first self-sovereign ID professional blockchain. They have an in-built ID layer that helps everyone on its ecosystem stay accountable even while they maintain privacy. Also note that BictoryFinance is blockchain agnostic

We are building amazing web3 blockchain solutions across chains.

We’ve added Solana to that List

Ramsy | Crypto Miners:
3)What are the benefits of holding your token as long term investment? Can you tell us about the motivation and benefits for investors to keep the your token in the long run?

Minrie | Bictory Finance:
The benefits of holding our token in the long run are benefits and utilities that will be used across our products. in the future, we do intend projects to build on top of $BT. the goal is to create as many use cases and adoption as much as possible. PLUS these awesome benefits:

Discounted listing & trading fees.
Staking
Registering CCD domains on CNS
Buying & Selling NFTs on BictoryNFT
Voting Governance on BictoryDEX
BictoryNFT launchpads participation

for now, bictory ecosystem. in the future, we intend to have more brands/builders/developers/projects to work with BT.

Ramsy | Crypto Miners:
4)Do you allow suggestions and feedback from the community? Are we allowed in decision making, do you put community into consideration ?

Minrie | Bictory Finance:
Yes, we do. We are a community centric project and we pay good attention to what our community/users says.

Ramsy | Crypto Miners:
Let’s hear our last question from Twitter

5)what is your competitive advantage in this very congested web3 market?

Minrie | Bictory Finance:
Our competitive advantage is our inclusivity and drive to increase more blockchain adoption. We’ve designed our services/ecosystem to be consumer-centric that all use cases overlap and can benefit one from another. Users can have a safe and sufficient ecosystem through one portal — Bictory’s.

Ramsy | Crypto Miners:
That’s the wind up of our twitter segment

Minrie | Bictory Finance:
thank you Ramsy 🙂

Ramsy | Crypto Miners:
Now Moving on to our last segment — Live Q&A

Shall we Mate?

Minrie | Bictory Finance:
yes mate

😄

Ramsy | Crypto Miners:
Alright 😁

Segment 3️⃣: Live QnA
(In this segment group was opened for 60 seconds and Miners sent hundreds of questions. Guest choose some best to answer)

1) Jibson:
How do you plan to spread awareness about your project in different countries where English is not good? Do you have local communities like Vietnam, Indonesia, Thailand, Korea,.. so they can better understand your project?

Minrie | Bictory Finance:
We have existing communities and moderators that help with inclusivity and diversity 🙂

2) Linus Oduh:
Hello
How did the name “BICTORY FINANCE” came about? Is there a story behind it?
Thank you

Minrie | Bictory Finance:
Blockchain + Victory = Bictory 😄

3) Snowflake❄️:
In terms of expanding your ecosystem Are you going to be having any REFERAL contest very soon ? Are you also planning to sign ambassadorial deals for people in continents like Africa ?

Minrie | Bictory Finance:
YES on our bictory.exchange so stay tuned 🙂

4) Vivek:
Bictory Finance is built on CONCORDIUM. I am not much familiar on this chain, can you tell us why did you prefer to build your project here? What opportunities have you found on Concordium that you could not see on others

Minrie | Bictory Finance:
Privacy regulatory compliant blockchain with a real world identity usecase 🙂

5) Andliv:
As we can trade on Bictory Finance platform, how can we register in this platform and what details are needed from us? also What are the trading fees?

Minrie | Bictory Finance:
you can sign up here app.bictory.exchange 😄

6) Jibson:
Abeeb Olamilekan:
Can you share your white paper link

Minrie | Bictory Finance:
you can check on bictory.io 😄

*This segment ends here*

Ramsy | Crypto Miners:
Thankyou so much Minrie For your valuable answers and information about Bictory Finance 💙

It Was Pleasure Hosting An Ama With You

Time To Conclude Our AMA Section

Is there anything else you would like to share or you want us to know?

Minrie | Bictory Finance:
Thank you so much Ramsy it was a pleasure being here and thank you Cryptominners commmmunity! ❤️ we look forward for more collaborations.

you can check this links! for all questions you have and the team will be there to support you

Ramsy | Crypto Miners:
We Wish all the very best for Bictory Finance And The Entire team behind the project❤️🤝

Minrie | Bictory Finance:
❤️

Ramsy | Crypto Miners:
Have a nice day 👍

Minrie | Bictory Finance:
you too ramsy!

Community, if you would like to learn more about Bictory, here are some useful links for you:

Website: http://www.bictory.io/
Twitter: http://twitter.com/bictory_finance
Telegram: https://t.me/BictoryFinance
LinkedIn: https://www.linkedin.com/company/71744301
Discord: https://discord.gg/bictoryfinance
Facebook: https://www.facebook.com/bictory.io/
Instagram: https://www.instagram.com/bictory.io
YouTube:https://www.youtube.com/channel/UCD_RpcEwseYQJnu8nvkt5lg/featured
Medium: Bictory