AMA Recap: CRYPTO MINERS X BITCRUSH

Bitcrush Arcade is a DeFi protocol aimed merging Defi concepts with iGaming. One important distinction to make, is that we are a DeFi platform that has launched casino games as our first use case, not a casino integrating crypto payments. Bitcrush uses a hybrid Live Wallet approach which aims to merge conventional high speed computing with the benefits of transparency and security of blockchain technology. Bitcrush is the culmination of years of iteration and refining of a core concept, all stemming from the simple idea of a provably fair casino featuring a Play to Earn.(P2E) mechanism. As DeFi expanded, so did our realization for the full potential of what Bitcrush can be.

We hosted an AMA session with Bitcrush on 25th February.

Miss Uzma was the host from Crypto Miners and CEO of Bitcrush was the guest. He shared delightful knowledge and unique features of Bitcrush.

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Segment 1️⃣: Introduction

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Uzma:
Hello everyone 👋 and welcome to the Crypto Miners AMA session With BITCRUSH

To help us learn more about the featured project of this AMA session, we are lucky to be joined By Bitcrush CEO

BITCRUSH CEO:
Hey hey everyone!

Pleasure to be here

Uzma:
Hello 👋
Welcome here 🤗

BITCRUSH CEO:
Thanks for having me!

Uzma:
Thankew for bringing us BITCRUSH ❤️

I'm pretty sure that our Community is very much excited to learn more about BITCRUSH ✌️

BITCRUSH CEO:
Excited to share more!

Uzma:
So let's go to the first question from introduction segment

If you're ready 😃

BITCRUSH CEO:
Yessss

Let's Crush It!

Go!

Uzma:
Q1) Give us a brief explanation about 'Bitcrush Arcade' .What popped up in your mind to create such a platform in this Space?

BITCRUSH CEO:
First of all I want to say thanks to Crypto Miners 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.

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.

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.

Uzma:
Thankew for the great start 👌

BITCRUSH CEO:
Of course

I do write a lot so be prepared to read

There's a lot to share!

Uzma:
Yeah. For sure 😀

Moving to the second question

Q2) What are your main features and advantages that discern you from other projects?

BITCRUSH CEO:
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.

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).

Uzma:
iGaming 👀 🤔

BITCRUSH CEO:
Are you familair with that term?

Uzma:
Not much 😀
Am grateful if you can elaborate it for us👍

BITCRUSH CEO:
Sure, it’s the blanket term for the online casino industry.

Our first use case was adding transparency to casino games, and now we're expanding out into GameFi

Uzma:
Great 👌

Moving on to the next question

BITCRUSH CEO:
Great

Uzma:
Q3) How has the experience and background of your team been effective in the success of your project so far?

BITCRUSH CEO:
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 t.me/Semili93 who is an electrical engineer, as well as our resident smart contract and react wizard, and our lovely CMO t.me/moondriver1.

Uzma:
Great team so far 😉

4) Now Share us about your Native token, What are the some of utlities of $CRUSH & $NICE Token in Your Ecosystem? And if possible share to us the Tokenomics

BITCRUSH CEO:
$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. $NICE will be avail at the public sale for approx $0.006

Uzma:
I wanna ask that why two tokens system 🧐

BITCRUSH CEO:
Of course. $CRUSH becomes the share token, which will recieve rewards, and be required for staking to set things in motion, and $NICE becomes the currency used to buy and sell everyhting in the invaderverse, as well as farming rewards, p2e rewards and so on.

Uzma:
Okay. $Crush will be tradeable and $Nice will be use in in-game purchases.
Right?

BITCRUSH CEO:
Both tradeable.

Think of $CRUSH similar to a dao token, and $NICE as the currency

Uzma:
Cool. This summarize the whole system 👍

BITCRUSH CEO:
Thanks

Uzma:
Moving to the last question of this segment

5) How long did it take to develop this project? What plans do you have for the future? And what can we expect from Bitcrush Arcade? If possible could you please share road map with us.

BITCRUSH CEO:
Everything 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

Here’s a few sneak peaks of our Emperor NFTs minting in just over 2 weeks. Join the community in discord as our airdrop promotion starts soon!

Uzma:
Best of luck for the future from our side🙌🏻

BITCRUSH CEO:
Thanks!!

Exciting times ahead!

Uzma:
Thankew for the well detailed answers
This is the end of introduction segment

BITCRUSH CEO:
Thank you for being such a gracious host

Uzma:
Now time to move on to the Twitter segment

If you're ready 😃

BITCRUSH CEO:
Yep!

Lets Crush it

Segment 2️⃣: Twitter Questions

Uzma:
1) What measures have been taken so far to ensure the Bitcrush Arcade is a safe platform for all of us? Has a smart contract audit been done to detect bugs giving opportunity to cyber attackers? If so, which companies did you get it done by???

Here's the first question from Twitter

BITCRUSH CEO:
Great Question! Making sure user funds are SAFU is super important. We audit every product before we launch it. You can see these on the left hand navigation bar. We have audits from Hashex and also Solidproof, both of which have been amazing.

Uzma:
2) Partnership is always an important factor for every project. So who your partner? What are the benefits you get from those relationships?

BITCRUSH CEO:
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.

In 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.

Uzma:
3) Becoming an Emperor is a big deal in the invaderverse and it is said that it is only 100 emperor that can be minted because we have 100 planets, Can you still change it? What if as time goes on and more than 100 people wants to become an emperor, what will become of them ??

BITCRUSH CEO:
So only 100 Emperors will ever be minted. There will not be any others. Post minting you will only be able to buy on the open market, which I imagine will be rare.

However, we know not everyone who has an Emperor will want to play, and we didn’t want empty planets lying around. So players with a CEO, General, and President NFT can combine to form a Syndicate which can act in the place of an Emperor. The Emperor is still more powerful however so a power struggle between and Emperor and an Syndicate could cause some fun drama!

Here’s a sneak peak of the general

Uzma:
4) Why do you choose Astronaut platform to host the Bitcrush Arcade IDO this coming June 1? What good impacts that Astronaut will brings to your platform with this IDO? Is there still any slot available for your IDO? Can you give more details of your IDO?

BITCRUSH CEO:
So Astronaut was last year for our Bitcrush launch (June '21) . We will be announcing our public sale for our upcoming $NICE token shortly after this ama, and the public sale launched next Wednesday at 2pm UTC. Please join chat for all the details and to reserve a Whitelist spot.

Uzma:
5) What is your top priority for 2022? Can you and your team members share a bit about the strategy that Your Project will implement in the near future? What makes the team feel confident to win in the long run?

Here's the last question from twitter

BITCRUSH CEO:
I answered the roadmap question so be sure to read above if you missed it, but right now we’re focused on launching $NICE, our NFT mint, launching farms/pools, N.I.C.E. Invaders development, and a whole ton more!

Uzma:
Thankeww for Your Valuable Answers❣
And that's the end of our twitter question segment

BITCRUSH CEO:
Great!

Uzma:
Now time to the most exciting segment - Live QnA 😉

Shall we go for it 😀

BITCRUSH CEO:
yessss

Uzma:
Let’s go,

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)Elva:
One important aspect for all projects is “Revenue” How does Bitcrush Arcade generate, token profit/earning? What is the revenue model for the Project and Users/Investor?

BITCRUSH CEO:
Great question. We generate revenue from all sorts of products. Some of which are live currently like our Casino and Lottery, ans others that are on the way, such as our upcomign games and marektplace. It should be noted we share our revenue with the stakers of $CRUSH.

2) Adhi Mevin:
Is this your project only for elite investors, how about others with small budget is it open to everyone?

BITCRUSH CEO:
Yes our model is there for anyone to participate. Even with our game N.I.C.E. Invaders, our comprehensive 10 way breeding/offspring system is designed to let players join for free and play without spending any funds.

3) ⚡ℕ𝕚𝕜𝕜⚡:
What are its main characteristics that distinguish #Bitcrush from other projects? According to crypto market capitalization aggregators, there are more than 11000 cryptocurrencies in existence today and many of them have no real utility

BITCRUSH CEO:
I think our difference is how utility is tied into all aspects of what we’re doing. From casino, to shares, to P2E, to NFTs, there is cross utility in all of them.

4) What is your main foucs now?

BITCRUSH CEO:
Right now, our main focus is launching $NICE, launching our farms, and starting the minting of our NFTs. Those are the immediete goals

5) Anna:
- What are Crushed NFTs? and what’s the role of these NFTs in bitcrush ecosystem? How can we acquire them?
- What is the difference between Bitcrush and N.I.C.E. Invaders?
Also explain us the Mad N.I.C.E invaders.

BITCRUSH CEO:
Love this question. As far as Crushed NFTs, I went into detail above so please re-read that. But the second part is great.

Our multi-player planetary attack and defense game is called N.I.C.E. Invaders, which stands for Nice Invaders Crush Everything, which is where our token name comes from.

Mad N.I.C.E. Invaders is our NFT collection, that features our game characterws as if they lived in our world today. Our Mad N.I.C.E. Invaders NFTs allow you to claim your game character to play in N.I.C.E. Invaders, so you’re essentially getting 2 NFTs in one, which is where our Crushed NFTs come from

*This segment ends here*

Uzma:
Thankyou so much For your valuable answers and information about BITCRUSH.❤️
It Was Pleasure Hosting An Ama With You

BITCRUSH CEO:
Thank you so much for having me

It was my honor

Uzma:
We are honoured to have you🤝

BITCRUSH CEO:
I hope to see everyone in chat and I hope you’ll join us for this amazing ride!

Thanks again everyone! Have a great weekend!

Uzma:
Is there anything else you want to share with us?

BITCRUSH CEO:
Join our Discord and our Telegram for all the upcoming awesomeness!

Stay tuned for public sale and NFT minting info

Don't forget to get your Emperor!

Thanks everyone!

Uzma:
We Wish you all the very best for Project And The Entire team behind the project ❤️🤝

Time to conclude this AMA session

BITCRUSH CEO:
Thank you

If you want to learn more about BITCRUSH, here are some important links for you:

Website: https://www.invaderverse.com/

Twitter: http://twitter.com/bitcrusharcade

Telegram: https://t.me/Bcarcadechat

Discord: http://discord.gg/tssx3mjs

Medium: Bitcrush Arcade