AMA Recap: CRYPTO MINERS X BITLIBERTE

Bitliberte is one of the first global company to launch Crypto-backed fashion products at a mass scale. Bitliberte is one of the first Physical as well as eCommerce marketplace to start accepting Crypto to sell products as well as distribute fractional ownership among the community via DAOs powered by LIBERTE token. Its journey starts by releasing a chain of fashion stores in India and then expanding to other parts of the South Asian market. Each of our stores will have unique symbolism representing Cryptocurrency & Blockchain. Apart from physical stores, eCommerce marketplace, and crypto token we are bringing a lot more.

We hosted an AMA session with BitLiberte on 22nd March.

Mr. Ramsy was the host from Crypto Miners and Mr. Vaibhav was the guest. He shared delightful knowledge and unique features of BitLiberte.

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Segment 1️⃣: Introduction

Ramsy:
Hello everyone 👋 and welcome to the Crypto Miners AMA session With BitLiberte

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

Vaibhav Seth:
Hey everyone 🙋🏻‍♂️

I am glad to join here for today’s AMA to introduce bitliberte.com

Feel free to watch this 41 second video to get a brief introduction about Bitliberte ecosystem:

https://youtu.be/6eO76lACKsw

Ramsy:
Hello there 👋

Welcome here
Thanks for bringing Us BitLiberte ❤️

Vaibhav Seth:
Hey Ramsy

Let’s start with round 1 QnA

Ramsy:
Sure, Let’s get started 👍

First of all Please give us a brief explanation about ‘BitLiberte’ .What popped up in your mind to create such a platform in this Space?

Vaibhav Seth:
Sure, So you must have noticed that there is a ongoing trend in the industry mainly around GameFi, NFTs and metaverse.

We see brands such as Gucci, Adidas, Nike and more such Fashion companies entering in the NFT space with their exclusive drops and limited number of physical deliverables.

But there is a very big thing missing in the current ways fashion brands are targeting Web3 and blockchain industry

There is no one addressing the main issue ; which is scaling Fashion products on Web3 at a mass scale for millions of consumers.

Hence, Bitliberte was born with a goal to commence evolution of FashionFi on Web3 world with a DAO-based ecosystem of exclusive NFTs, fashion products, metaverse assets, and P2E ecommerce dApp to Shop, Play and Win with physical as well as metaverse outlets allowing users to own and earn from one of its kind FashionFi business ecosystem globally.

Ramsy:
Thanks Valibhav for this great start 👍

Now let’s see our second question from this segment…

Q2) So what are your main features and advantages that discern you from other Projects?

Vaibhav Seth:
We are commencing FashionFi trend for global Crypto audience at a mass-scale which no other Web3 FashionFi project has done till date.

Bitliberte is having its own manufacturing units to cater needs of over 100k physical deliverables fashion product orders initially.

Bitliberte will be one of the first P2E platform for FashionFi consumers with metaverse assets, physical deliverables, NFTs and DAO-powered ecosystem to earn dividends from real and digital world sales.

Not just this, Users can own a part of Bitliberte powered FashionFi company from anywhere in the world to keep earn from IRL products.

Everything is transparently executed over blockchain with a very limited number of fractional ownership spots.

These are some of the top advantages that makes Bitliberte different from all other FashionFi projects in the Crypto industry.

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

Vaibhav Seth:
Our team has been researching on this idea since 2017–18.

Initial plan was to launch a simple ecommerce platform but with time it got upgraded to a fully-fledged blockchain powered eCommerce platform.

Bitliberte will be the first choice for any Crypto enthusiast to get physical and metaverse wearables as we are officially powering physical merch, metaverse wearables and lots of other FashionFi products from many Crypto projects.

We have even wrapped up few great deals with tier-2 exchanges, multiple launchpads and other crypto projects that are scheduled to be released over the timeline of next few weeks.

Doing these partnerships have been a smooth process for us as I have personally worked to grow one of the largest Indian CEX for over 4 years moreover both founders are developers so everything has been crafted in-house to deliver the best experience to FashionFi consumers in Crypto industry.

Ramsy:
4) Now Share us about your Native token, What are the some of utlities of $LIBERTE in Your Ecosystem? And if possible share to us the Tokenomics

Vaibhav Seth:
Bitliberte token is the next-gen token built to power this Ecosystem.

Not just payments currency for metaverse assets, we are using it to give benefits to users by Dividends from Sales, Customer loyalty program, Cashbacks, Referral Program, Affiliate Program, and much more.

Bitliberte token holders will also get exclusive benefits on our core products.

Users will need Bitliberte token to access these core products:

• Metaverse Outlets: One of its kind virtual reality (VR) FashionFi experience on Blockchain

• Physical Outlets: By the people, For the people. These outlets will be governed on-chain by the community of like-minded-people.

• liberteDAO: Users can Invest, Own, and Earn from this DAO while contributing towards ecological upcycling.

• eCommerce on Web3: Anyone can Shop, Play and Win. This is a unique dApp commencing the revolution of FashionFi eCommerce on web3.

• Exclusive NFTs: These NFTs will offer ownership of rare Fashion Designs to earn yield in real-time.

• Fractional Ownership: DAO-participants can own a part of this business from anywhere in the world to keep earning yield from IRL products.

Nearly 90% of our core products are on-chain and accept Bitliberte token resulting in high usage on regular basis allowing us to have better numbers of organic on-chain holders.

We are looking forward to incentivise users to use our platform on regular basis that is why we have been working to build an organic community without much lucrative airdrop just to pump up the numbers.

Our Airdrop allocation is just 0.1% of our total supply. Anyone can check Tokenomics at https://bitliberte.com/tokenomics

Ramsy:
Lastly how long did it take to develop this project? What plans do you have for the future? And what can we expect from BitLiberte If possible could you please share road map with us.

Vaibhav Seth:
We started working on current (Web3) version of Bitliberte from January 2021 and bitliberte.com was released publicly on 10th January 2022.

In future, we are working to expand our FashionFi ecosystem globally outside South Asian region.

Currently we are conducting our token sale.

Bitliberte got listed on both Coingecko and Coinmarketcap even before the seed round sale started.

We have even onboarded lots of wonderful strategic partners, VCs, launchpads, and exchanges.

We are also working with one of the best market makers in the industry who have worked with over 500 projects to manage their liquidity. This makes our project stronger on the launch avoiding any kind of liquidity issues and conflict.

Bitliberte roadmap can be checked here https://bitliberte.com/roadmap

Ramsy:
Thanks Valibhav for this well detailed introduction about BitLiberte:)

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

Vaibhav Seth:
🤝 Lets move to the next round of this AMA.

Segment 2️⃣: Twitter Questions

Ramsy:
1) Many NFT marketplaces are already kicking in the market so why would an investors and collectors would rather choose to try and explore @bitLiberte despite of having many competitors? Any great potential of @bitLiberte? How would it give a better profit?

Vaibhav Seth:
We are not releasing an NFT marketplace rather than that we are allowing users to gain ownership of rare Fashion Designs to earn yield in real-time.

It works this way:

Bitliberte will release NFT set having a design of one of our exclusive merch release.

• We will do marketing for that merch in newspaper, social media and from all possible mediums in the IRL.

• NFT holders will receive yield from the sales for specified time-period.

Most important benefits are:

• These NFTs will not be costly, They will be cheap and sometimes even free-of-cost for whitelisted addresses.

• We are building it on ERC721A contract instead of ERC721. Reducing the fee load on the users.

• There is no limit on yield earnings from these rare ownership NFTs.

• We are using the word rare because very limited pieces of each NFT designs will be issued for the audience to maintain exclusivity.

Ramsy:
2) One of the components that build up the Bitliberte Ecosystem is the liberteDAO which makes Bitliberte open for anyone and decentralized. Are token holders the only one who has the right to participate on this DAO? And what decisions can the liberteDAO be involved in?

Vaibhav Seth:
liberteDAO is open for everyone, on first come first serve basis.

Each pools will have limited number of spots offering fractional ownership of one of the Bitliberte’s physical and metaverse outlets. Having fractional ownership will allow people to earn dividends from the sales.

Token holders will get access to exclusive offerings and higher yield in this DAO.

liberteDAO contributors can be involved to run the operation of their designated physical and metaverse outlets more effectively.

There is much more to be released after launch of the liberteDAO. Stay connected to Channel

Ramsy:
3) Can you tell us about some of the current collaborations that you have? I’ve heard you can attract well-known investors; could you tell me who they are and how much capital you’ve raised? How have the connections you’ve made contributed to the success of #BitLiberte?

Vaibhav Seth:
Definitely. All of our recently publicly announced investors and strategic partners can be tracked at https://bitliberte.com/investor.

There are alot more announcements scheduled in the timeline which will be announced near and after our TGE.

We are in seed round at this moment.

Each strategic partners are adding immense value in the growth of this ecosystem by connecting us to their respective partners helping in fast-paced growth of our product.

Ramsy:
4) I understand that Bitliberte is launching a chain of physical stores focused on fashion products in several South Asian countries, starting with India, so I would like to know how many stores do you have, what payment methods do accept and do you have an online service?

Vaibhav Seth:
We are planning to release over 15 stores in next 2 years which will be owned and managed by liberteDAO.

DAO participants will be able to receive dividends in form of USDT, BTC, ETH, and Bitliberte token.

Payment methods are subject to legality status in different countries.

Like, In India Crypto is not illegal but there’s an upcoming 30% tax + 1% TDS policy making it impossible for us to accept Crypto payments in IRL.

But we have worked with an alternate ecosystem from where we will redirect profits made from our FIAT sales to Bitliberte ecosystem consumers and token holders.

Check our Buyback and Burn mechanism https://bitliberte.com/buybackburn

Ramsy:
5) hey my question is about privacy. E-commerce and web 3.0 may be good combination but want to know about privacy and how data will be store for e-commerce platform.?

Vaibhav Seth:
Our ecommerce dApp will ensure safety of your personal data.

We are dividing it into two versions:

1. Bitliberte powered eCommerce platform V1 : This will focus on delivering physical wearables to mass-audience accepting all sort of possible payment methods but still giving direct benefit to Bitliberte token holders with each sales.

2. Bitliberte eCommerce dApp V2 : This will focus to cater demands of Crypto audience.

Users can shop, play and win using this dApp.

Ramsy:
Thanks for Your Valuable Answers❣️
And that’s the end of our twitter question segment

Vaibhav Seth:
😄 Perfect. Questions were really good.

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

Shall We Go mate?

Vaibhav Seth:
Sure

Ramsy:
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) samuel kenny:
Can you tell us more ERAXNFT? Your new partner. What are they all about and how are they going to help Bitiberte reach it goals?

Vaibhav Seth:
Eraxnft is a launchpad. We are planning to conduct initial round of token sale to allow users of Erax to invest in Bitliberte.

IDO and IEO launchpad names will be released in future as we’re right now in discussion with tier-2 CEX for this.

2) AiChan:
how does your team ensure that users support (BitLiberte) in the long term, and not just for temporary gain? How can your team increase the engagement of all users with your product and project capabilities?

Vaibhav Seth:
Each part of Bitliberte core product is carefully crafted to keep users engaged on daily basis to use our on-chain dApp, participate in liberteDAO or even have fractional ownership to earn yield from physical deliverables.

Such strong core products helps us alot to build a organic community and on-chain holders. Read more: https://t.me/CryptoMiners_Co/1013133.

You can read about Bitliberte core products at https://t.me/CryptoMiners_Co/1013131.

3) Samuel:
I read from your site that bitliberte intends to have physical outlets
How widely spread would these outlets be?
Would they be available in other continents like say Africa?
Also can anybody apply to manage an outlet?
If yes how will we be able to apply for this?

Vaibhav Seth:
These outlets will be spread across multiple South Asian countries starting from India.

We are aiming to expand it globally and this is possible with support of community because Bitliberte physical outlet ecosystem is completely powered by liberteDAO which is governed by the community.

4) Nancy 🌷:
CAN you explain how is your Tokenomics Distribution? How many tokens Will be minted ? And How many tokens Will be locked by the team?

Vaibhav Seth:
Our total max supply is 1 Billion.

No more token is getting minted, we are not launching multiple tokens for different functionalities.

Team tokens are locked for 12 months locked then linear vesting for 30 months. We will be using unvest.io to set-up transparent vesting schedule.

You can check all details about Bitliberte token vesting schedule at https://docs.bitliberte.com/liberte-token/tokenomics

5) Hulk:
What is the security measures of Your project? How will you deal with hacking and Bugs problem in the smart contract? What is the audit status

Vaibhav Seth:
We are working with one of the most prestigious audit company in the Crypto industry to get our smart contracts audited.

Don’t forget to join @bitliberte_ann to keep track of future updates on the audit.

*This Segment Ends Here*

Ramsy:
Thankyou so much Valibhav For your valuable answers and information about BitLiberte,
It Was Pleasure Hosting An Ama With You.

Vaibhav Seth:
🤝

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

Vaibhav Seth:
It was great telling about Bitliberte here.

I am open to answer remaining questions any time. 😄

Community members can join our tg and drop their unanswered questions as per their wish.

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

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

Website: https://bitliberte.com/
Twitter: https://twitter.com/bitliberte
Telegram: https://t.me/bitliberte
Channel: https://t.me/bitLiberte_ann
Medium: https://medium.com/bitliberte
YouTube: https://youtu.be/6eO76lACKsw