AMA Recap: CRYPTO MINERS X PITBULL TOKEN

CRYPTO MINERS
12 min readMay 19, 2022

Pitbull is a self-staking token that had its ownership renounced and given to the community upon its creation. This decentralization of power has allowed Pitbull to flourish as a 100% community-driven project with markedly engaged holders and rapid growth on a daily basis. Graphic designers, writers, web developers, influencers, marketers, data analysts, translators, and more have contributed their talents to help Pitbull grow into an inspirational model of community-driven success. The project has become a unique social experiment in which the investors are integrated into the project both from a community and developmental standpoint.

We hosted an AMA session with Pitbull Token on 17th May.

Mr. Ramsy was the host from Crypto Miners and Mr. Max was the guest. He shared delightful knowledge and unique features of Pitbull Token.
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Segment 1️⃣: Introduction

Ramsy | Crypto Miners:
Hello everyone 👋 and welcome to the Crypto Miners AMA session With Pitbull Token

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

Max:
Hi everyone, thanks for having us!

Ramsy | Crypto Miners:
Hello there 👋

Welcome here
Thanks for bringing Us Pitbull Token❤️

Max:
My pleasure!

Ramsy | Crypto Miners:
welcome here mate

Glad to see you here guys

Mer Aki:
Hello everyone!
A pleassure to be here with you :D

Ramsy | Crypto Miners:
I’m pretty sure that our Community is very much excited to learn more about Pitbull Token ✌️

So let’s get started if you guys are ready!!

Max:
Sure, we are ready

Ramsy | Crypto Miners:
First of all Please give us a brief explanation about ‘Pitbull Token’ .What popped up in your mind to create such a platform in this Space?

Max:
Well, let’s start this off by saying Pitbull’s smart contract has been renounced prior to launch, then the community picked it up and over time built the whole eco-system that’s behind it; the team is made by volunteers.
In our team we have web developers, data analysts, writers, designers and several other individuals that have made their talent and resources available to help Pitbull grow and slowly become the #1 community driven token.

Pitbull’s community is now one of the most known on the entire crypto-space and garnered the trust of thousands and thousands of investors all over the world, and I’m saying this as we are slowly approaching our big milestone of 500k holders!

All this in a bit more than a year, since Pitbull was born on BSC (now BNBChain) on 17/03/2021.

We created a small video for this occasion that highlights the milestones we had during our journey:

Ramsy | Crypto Miners:
Thanks Guys for this great start about Pitbull Token👍

Max:
Our pleasure

Ramsy | Crypto Miners:
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?

Mer Aki:
Pitbull is kind of an unique token; 50% of its total supply was burnt when it was created and then the contract was renounced.
That means that nobody has access to it, which is what makes Pit one of the safest token on the entire crypto-space. The potential drawback would be that since there is not a dev or marketing wallet, Pit has to rely on donations for every activity that requires money.

Thankfully, though, we have easy ways to collect them by running donations campaigns, selling our own NFTs collections and also thanks to some exchanges that support our tokenomics (big shout-out to MEXC and Bitget!).

Security is one, if not THE biggest strength of Pit: investors can feel safe here knowing that Pit will exist forever, kind of like BTC, if you will.

You can also find our official Audit here:
https://github.com/pitbullBSC/Audit/blob/main/Pitbull%20Official%20Audit.pdf

Another thing that distinguishes Pit to every other projects is the community aspect: as I said before, it is 100% community driven, meaning that every single investor has a voice in it and often our usecases have been developed after someone shared their ideas on our group.
Every admin, developer, artist etc. is a volunteer there and that’s the beauty of it in my opinion: we are not paid to do what we do, we do it because we love our token and recognize the potential it has.

Our community is one of the most active in the whole Binance-sphere;
At the moment, we also have several partnerships on different fields, for example NFTs, staking, non-profit, gaming, integration & more.

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

Max:
None of us had prior experience, some of us were into crypto for some time while others were complete new to everything crypto-related; nobody had experience in running an actual token though.
So we all learned along the way, made our fair share of mistakes in the beginning but I’d say that after a while we progressively got better at it and now has become second nature for us

Overall we are very proud of what we’ve built over time, with Pit being an established, trusted token and one of the biggest names in the #BNB space (we almost reached our big milestone of 500k holders and 160+k followers on Twitter).
We always strive for more though, our biggest goal is to become the number one community driven token in the entire world and show that it is indeed possible to reach the top with virtually no money, just the power of a strong community that believes in the token.

Ramsy | Crypto Miners:
4) Now Share us about your Native token, What are the some of utilities of $PIT Token in Your Ecosystem? And if possible share to us the Tokenomics

Mer Aki:
Let’s start with Pit Tokenomics:

- Passive Income

2% of each transaction is automatically distributed to holders. This grants PIT’s investors continual rewards for holding.

- Constant Burning

Smart contract burns 2% of each transaction automatically, creating liquidity in the dead address & is locked forever. This means that on each transaction we have an increasingly higher price floor for investors; the supply is constantly decreasing, meaning there will always be less tokens available.
So far, 59,2% of the total supply has been burnt by transactions, so only 40% of it will be in circulation soon.
Pit is the top burner (BNB value) in the entire BNBChain, with more than 190k BNB (!) burnt since its birth.

As for the utilities, we have built an entire ecosystem that revolves around our token;

Some examples of our usecases:

- PitStop: it’s a platform that includes PitChart, PitSwap, PitFund and PitLottery;
- PitStore: where we sell Pit’s merch (profits go to our donation wallet to help Pit grow further);
- PitMag: a magazine that revolves around the cryptospace, translated in 5 different languages so that even non-native english speakers can enjoy a good read;
- PitSafe: a tool that helps recognizing legit projects from potential scams;
- PitMusic, a place where musicians/singers from all over the world can co-operate and create songs that revolve around Pitbull — we already have a song out, let’s listen to it together

Future planned usecases:

- PitDonation, a platform where, in collaboration with our good partner NOWPayments.io, we will be able to collect funds destined 100% to charities;
- PitGames, PitMedia, PitDiscovery and many more!

Ramsy | Crypto Miners:
Alright, now let’s move to our last question from this segment

Q5) So how long did it take to develop this project? What plans do you have for the future? And what can we expect from Pitbull Token If possible could you please share road map with us.

Max:
Pitbull is currently 1 year and almost 3 months old, and is one of the oldest projects on BNBChain.
Our plan is to keep growing and become the first, main example of a community run token.
You can find all our plans for the future on our current roadmap:

Ramsy | Crypto Miners:
Thanks Guys for this well detailed introduction about Pitbull Token:)
And that’s the wrap up of our the first part of the AMA session ✅

Max:
🤝🤝

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

i hope you guys are ready for that!!

Max:
Ready!

Mer Aki:
100% ready

Segment 2️⃣: Twitter Questions

Ramsy | Crypto Miners:
1) I saw Pitbull Token is havin plans for releasing NFTs real soon, so I wonder what would be the utilities these NFTs in PitBull tokens may provide? If possible could you show some previews of the NFTs which are gonna get released?

Max:
First, we are going to release PIT NFTs avatars;
we are also planning to have PIT NFTs characters to play on p2e games.
They also can be staked through PNFT contract that we have thanks to our collaborations with Wolfible

This is currently being worked on so we we have no previews at the moment

But they will be a pleasant surprise, we are sure of that

We’ll also introduce soon PIT NFTS with music, in collaboration with artists from all over the world!
So a sort of collection+music

Ramsy | Crypto Miners:
2) From what I saw on the website Pitbull Token has intentions to support charities. If I may ask how many charity works have you done as of now? Also, would there be any role for community members in the decision-making of these charities to be done?

Max:
Yes, we have official partners which are Kennel2Couch, Bullies in Need and Rolda to which we have made multiple donations

https://kenneltocouch.org/pitbull-charity/

http://www.bulliesinneed.ca/

https://rolda.org.au/

We are also creating a website, in collaboration with our partner NowPayments, where we’ll collect donations to send to charities all over the world;
It will be called PitDonations

People will be able to pay directly to these charities, thanks to the NowPayments platform

Ramsy | Crypto Miners:
3) Collaborations and partnerships are some of the most important cornerstones to help improve adoption. Could you please tell us about the current partners, plans for partnerships and what everybody stands to gain from these partnerships?

Max:
Partnership are one of our priorities.
We have several partnerships with exchanges regarding our NFTs collections, with OKX and ByBit;
As previously said we are also official partners of different charities all over the world and planning to implement more;
Thanks to a partnership with NowPayments we’ll also increase adoption since everyone will be able to use and accept Pit as a form of payment!

We also have collaborations with Gate.IO (coming soon!), OKX, MEXC, Hotbit, Bitget, Digifinex, IndoEx, Bitrue, Coinex and we had a couple AMA’s on those platforms aswell

We are also on many different wallets: Trust, Metamask, Bitkeep, Safepal, Coin98, TokenPocket, Aegir, Guarda

Ramsy | Crypto Miners:
4) The security and protection of users data is very paramount to users in projects like this. What kind of security protocol does #Pitbull use ?

Max:
Well, contract is renounced so nobody can have access to it, or modify it.
You can also check the safety of our token with our own PitSafe, a very useful tool to recognize potential scams.

As far as protection of users data goes, we are in the DeFi space so nobody in Pitbull collects information or data about its investors, nor does any of our usecases

Ramsy | Crypto Miners:
5)Even though pitbull token has released many PIT Products such as Pit Tracker, Pit Charts, Pit NFT Farms, and more. Among them put tracker’s interface is not that smooth and efficient I think it needs more improvements, so will there be any up-gradation I can expect? Also if possible could you enlighten us more about the PIT METAVERSE?

Here is our last question from twitter

Max:
For sure, we always strive to get better and improve our tools;
We’ll forward the message about PitTracker to one of our developers so that it will be more efficient, thanks for the tip!

As for Pit Metaverse, we are already in contact with some gaming platforms but we can’t disclose anything right now: those will be our first steps on the Metaverse world.

Also we are working on our own platforms for different types games and a marketplace, which will arrive in the next couple of months most likely, once PitDonate will be done

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

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

Shall We Go guys?

Mer Aki:
Lets go!

Max:
Yes!

Ramsy | Crypto Miners:
lets go,

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

1) 🇦🇪Rogina Kazem🥳:
I am interested to invest in your project. When and where can I buy your tokens $PIT? Is it already listed exchanges?

Max:
Yes sure! $PIT is listed on 20+ CEX and DEXs.

💰 Buy at PitSwap: PIT-BNB
💰 Buy at IndoEx: PIT-USDT
💰 Buy at CoinTiger: PIT-USDT
💰 Buy at WhiteBIT: PIT-DECL
💰 Buy at Hotbit: PIT-nUSDT
💰 Buy at LAToken: PIT-USDT
💰 Buy at MEXC: PIT-USDT
💰 Buy at BKEX: PIT-USDT
💰 Buy at ZT Global: PIT-USDT
💰 Buy at 1inch: PIT-BNB
💰 Buy at Swappy: PIT-BNB
💰 Buy at Flooz: PIT-BNB
💰 Buy at ChangeNOW: PIT-BNB
💰 Buy at StealthEX: PIT-BNB
💰 Buy at MDEX: PIT-BNB
💰 Buy at BitGet: PIT-USDT
💰 Buy at SwapZone: PIT-ETH
💰 Buy at Bitrue: PIT-USDT
💰 Buy at DigiFinex: PIT-USDT
💰 Buy at Okx: PIT-USDT
💰 Buy at CoinEx: PIT-USDT
💰 Buy at BitKan: PIT-USDT

This list is live and constantly updated (Gate.IO is coming soon aswell!)

2) Atharv:
Techrate has Audited the Token Contracts,
Are there other Audit that is planned?
Please tell us about the security Measures you are taking?

Max:
PIT’s smart contract is already one of the safest contracts.
When PIT was created, liquidity access and contract ownership were sent to the dead wallet.

Other than the TechRate one, we are also in contact with another audit firm to complete the second audit of the contract

3) Sarika:
What is pitbull Token Contract Address? Do you have any Discord Servers too? Kindly share.

Congratulations for Gate.io Listing!!

Max:
Sure!

0xA57ac35CE91Ee92CaEfAA8dc04140C8e232c2E50

https://discord.gg/pZqH3CYUQ3

And thanks for the congratulations!

4) Kalachan🤑🤑:
Is your project only for elite investors, what about others with small funds, is it open to everyone?

Max:
Of course not, anyone can buy PIT; not only that, we want to make sure that anyone will be able to purchase it on their favorite platform, that’s why we are always pushing for more adoption from exchanges, wallets and so on;

Another thing: our PIT NFTs are also available to anyone as we have different prices and strive to keep it that way: everyone is welcome in Pit!

5) Mr.8 Never DM you for Funds :
With the current market condition , How do you plan to work with #Pitbull and follow the roadmap?

Max:
Regardless of the market situation, we continue to do what is written on our roadmap.
Bull market, bear market etc. are irrelevant to us; we will always move forward and been doing so for more than a year now, consistently.

That’s why we keep improving and, as CZ loves to say, #BUIDL every day.

If you follow our social media accounts, you can always be updated about Pit and our community.

https://twitter.com/bscpitbull
https://t.me/Pitbull_BSC

*This segment ends here*

Ramsy | Crypto Miners:
Thankyou so much guys For your valuable answers and information about Pitbull Token,
It Was Pleasure Hosting An Ama With You guys

Time To Conclude Our AMA Section

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

Max:
Our pleasure! We really enjoyed answering those questions

Well, we are very close to our big milestone of 500k holders, so support is always appreciated;
If you have any more questions, just join our official group and feel free to ask, a mod/admin will help you.
And one last thing: as always, stay #PITBULLISH

Thanks for having us!

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

Mer Aki:
Thank u CryptoMiners 🔥🙏✨

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

Website: https://pitbull.community/
Twitter: https://twitter.com/BscPitbull
Telegram: https://t.me/Pitbull_BSC
Discord: https://discord.gg/EXr553HVJm
Instagram: https://instagram.com/bscpitbull
Reddit: https://www.reddit.com/r/pitbulltoken

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CRYPTO MINERS

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