BicycleFi x IM community AMA RECAP
🐋TELEGRAM AMA: Im Community & BicycleFi 🐋
⏰ AMA Timing : 15th May 2022 l 10:00 AM UTC l 17:00 GMT +7
Venue For AMA : https://t.me/imcommunityitw
🎁 Reward Pool 100 USDT
➡️ The reward pool for the best 5 questions from Telegram is $50($10 Each) 💸
➡️ The reward pool for the best 5 questions from Twitter is $50 ($10 Each) 💸
Bà Tân | : Today our guest is: @jane_1129 from BicycleF.
Ahrix : Welcome @jane_1129 to the IM community.
Jane | BicycleFi : Hello everyone ���
Jane | BicycleFi : Thank you for warm welcome
Bà Tân | : Today’s AMA will have 3 session
Session 1: Project Introduction
Session 2: Question From Twitter (https://twitter.com/IM_Communityitw/status/1525288510387015680) (will choose 5 question)
Session 3: Free Asking (will choose 5 question)
Bà Tân | : Start session 1 AMA.
Jane | BicycleFi : Let’s gooo
Bà Tân | : 1. Could we get a brief introduction of yourself and how did you venture in towards crypto? @jane_1129
Jane | BicycleFi : Hi, I am Jane — CMO of BicycleFi.
I have been in blockchain market for about three years, and I am still amazed by the possibilities this new economy can bring.
I began my journey in marketing with a famous company and have gained quite some knowledge and experience. But after digging into the crypto space, I decided to join a team to do something incredible. And luckily, I found this team — BicycleFi, where I can start to show my ability from the beginning.
Having been involved in many marketing & also blockchain fields, I am now on a journey to lead BicycleFi to a brighter future with a strong marketing team & strategy & I have the confidence to make it real ���
Done
Thanks for the introduction.
Bà Tân | : 2. Then about BicycleFi. Can you tell us more about what is this? @jane_1129
Jane | BicycleFi : Sure
For an overview, BICYCLEFI is a Web 3.0 lifestyle Dapp & app with inbuilt Game-Fi , Metaverse, Social-Fi elements.
BicycleFi is built by the daily movement of people. Bicycles are used in delivery activities, sports to improve health, racing, touring. We are following to effectively bring to life a functioning move & earn concept, the first project to apply blockchain technology in Bicycle app .
Users equip themselves with NFTs in the form of Bicycles. By Cycling, moving , delivering or Cycling outdoors, users will earn CYC tokens, which can either be used in-game, or cashed out for profit.
The first phase in Game-Fi, BICYCLEFI aims to nudge millions toward a healthier lifestyle, combat climate change and connect the public to Web 3.0, The project deals with the Social-Fi aspect of the community of users, building a lasting platform to promote Web 3.0 content.
Done
Bà Tân | : End of session 1
Bà Tân | : We will move on to session 2.
Bà Tân | : Session 2: Question From Twitter (https://twitter.com/IM_Communityitw/status/1525288510387015680) (will choose 5 question)
Bà Tân | : Question1. @SamSam19633624
Nowadays, move to earn is trending and Bicycle is building based on this trend. Do you think after downtrend, your project will dead and all investors will lose their money?
Jane | BicycleFi : Yah, I know everyone fear of trending projects cause their lifetime is very short but BicycleFi is not one of them cause we have a big plan for development in the long term.
Yes, I agree move to earn is trending now. But it is a good signal because catching up with new trend will help BicycleFi receive great attention from users. We are one of the leading projects in this term so the potential to develop is huge.
Second, I think move to earn is a special trend and it would be hard to downtrend because it is associated with people’s daily life: exercise, cycling..
BicycleFi is a project that always follows the blockchain market. If the trend is down, the market changes, we will up-to-date and adapt with those. So there is nothing to worry about the bad impact of the downtrend. We are a long-term project
Done
Bà Tân | : Question2. @Myni86988358
Who is BicycleFi’s target audience?
Jane | BicycleFi : One of the special things about BicycleFi is that its target audiences are very large. Not only users in the blockchain world but also in the real world can join and take profits from our game.
Some of our target audiences can be mentioned are: Move to earn gamers, Metaverse gamers, Fitness gamers, Trending gamers, People who love sport, Cycling clubs, People using VR app fitness…
Our next focus is the greater community. 100,000 users achievement is our target for the first year of operations and we are very confident with our strategy that we can reach this first milestone together. We are putting in all of our efforts to create an application that anyone can use.
Done
Bà Tân | : Question3. @David86019619
Can you share the status of the current project and the future plans of BCF? To be more specific, I want to know about your project roadmap.
Jane | BicycleFi : Yes, I am happy to share with you guys about the roadmap and plan for development of BicycleFi. The market is always changing, and a good roadmap will gain the trust of investors to BicycleFi.
This is Q2 of 2022 and BicycleFi has a very clear plan:
- Communities Building
- GPS planning I Marketplace
- Marketplace web
- GameFi release: Riding Jobs, PVE, Staking, Update level
- Metaverse Ideas Phase
- IDO/IEO
- DEX listing
Soon, we will have in-app GPS function and metaverse technology. Everything is in progress now
Done
Bà Tân | : Question4. @horton_rowan
What exact are all features of BicycleFi? Can you give a specific vision.
Jane | BicycleFi : Sure, for the features of BicycleFi, I can list some here:
- Move to earn
+ Daily work: Bicycles can be used for delivering pizza, boxes, and goods, riding to school or riding to the office.
+ PVE racing to earn: The far as bicycles can move, the more rewards you can earn
+ PVP: each bicycle has a different attribute to bet and race
+ GPS: The app will be designed based on the GPS signal: Green (more reward), Red ( low reward)
- Metaverse: Users can use the bicycle running on metaverse map to get the reward in the racing group
- Staking: You can stake tokens and NFT to earn exciting rewards
- NFT Marketplace:
+ Assemble your bicycle
+ Mint NFTs
+ Buy & sell NFTs
These are just some features from the beginning and we will add more in the near future.
Done
Bà Tân | : Question5. @jonhhuynh4
Security is at the forefront of all old and new projects. So in terms of security measures, what have you done to ensure security to users? Has your contracts been audited externally? Will your platforms be audited?
Jane | BicycleFi : I agree that hackers are the concern of any investors in the blockchain world, and so does BicycleFi. We understand that.
To avoid hackers/ system crashes, we are now in the progress to audit our token contract with Certik — one of the pioneer in the sercurity field. In addition, we have also cooperated with Lossless security to protect our users even further.
Moreover, our technical team members have many experiences in security & blockchain, so we definitely can deal with any security case. Nothing to worry about; in BicycleFi it’s completely safe for our users.
Done
Bà Tân | : Congratulations to the winners of session 2.
@SamSam19633624
@Myni86988358
@David86019619
@horton_rowan
@jonhhuynh4
Bà Tân | : Alright, Session 2 has finished perfectly. Appreciate your detailed responses @jane_1129 ���
❤️❤️ My pleasure
Bà Tân | : End of session 2
Bà Tân | : We’ll move on to session 3
Bà Tân | : Session 3: Free Asking (will choose 5 question)
Bà Tân | : Don’t forget to join the group https://t.me/bicyclefiofficialgroup
Bà Tân | : Group will unmute now so everyone can ask questions.
Bà Tân | : Thanks for the questions from the community.
Bà Tân | : Now let’s give our dear guest @jane_1129 some time to go through them.
Jane | BicycleFi : I’m ready to move on the section number 3
Jane | BicycleFi : let’s go
Q1. Do you have any plan to expand your community? Especially for people that can’t speak English, how will you attract them to BCF?
Jane | BicycleFi : this is question number 1
how do you think about this question ���@RoisePM
Great question, please answer it ���
^^
Yah, We understand that the success of any project comes from the support of the community. We always respect the community that trusts and follows us.
And yes, we have some plans to expand our community and attract new investors through our events such as airdrop, giveaway & bounty. As you guys would see, we are running 2 big airdrops with total prizes up to $8,000
Check the details here:
- Kingdom Game 4.0 x BicycleFi Airdrop: https://t.me/bicyclefi/15
- BSCStation x BicycleFi Airdrop: https://t.me/bicyclefi/35
- Gleam Airdrop: https://t.me/bicyclefi/66
For users who can’t speak English, we try to give them the best support by establishing local groups. For now, we have a Vietnam group and in the future more local groups will be opened. It’s a promise from BicycleFi team.
Done
Q2. Do you plan to burn any tokens after pre-sale is done to ensure the higher token value? And to keep the price of in-game token cause it will be suffered from inflation?
Jane | BicycleFi : this is the next question
Bà Tân | : Everyone please join BicycleFi Vietnam community https://t.me/bicyclefiVIE ���������
Jane | BicycleFi : Thanks Mr. Tri for asking
It is hard to keep the price of any tokens because the blockchain market is always changing. But also, it always has the solution to reduce the bad impacts on token price. And one of the best ways is burning tokens.
BicycleFi has a clear schedule of burning tokens as below:
- For BCF token:
+ 10% of BCF minting fee
+ 10% of level upgrade fee
+ 1% of every NFT sale in the game market
- For CYC: Burning or treasury following schedule
A detailed schedule will be updated on our social media channels.
Let’s move the next one ���
Q3. Can you tell us more about your tokens BCF and CYC? What do they used for in BCF ecosystem?
Jane | BicycleFi : let’s me answer it
BicycleFi has a dual-token system constructed of BCF and CYC.
1. BCF token
- BCF is the core governance token of BicycleFi with a limited supply. There are many scenarios that require BCF such as: PVE bottle rewards, staking, liquidity reward, NFT trading, minting NFT, level upgrading, crafting equipment, and voting.
- Token Name: Bicycle Token
- Ticker: BCF
- Blockchain: Binance Smart Chain
- Token Standard: BEP-20
- Contract: will be announced when listing
- Total Supply: 5,000,000,000 BCF
- Circulating Supply: BCF
- Initial Market Cap: $325,000
2. CYC token
- CYC is the in-game token of BicycleFi, where most of the actions will consume CYC, such as: PVE, upgrading items, recovering energy, crafting equipment, bicycle repairing and so on. You could earn CYC from Daily work.
- Ticker: CYC
- Blockchain: Binance Smart Chain
- Token Standard: BEP-20
- Contract: will be announced when listing
- Total Supply: unlimited
- Circulating Supply: CYC
- Initial Market Cap: $325,000
I think the answer is very clear for you guys ���
Q4. When does BicycleFi launch their IDO? And how to join?
Jane | BicycleFi : this is the next
BicycleFi IDO will be held from May 15–18th on various launchpad platforms
1. IDO info:
- Token on sale: BCF
- Total raise:
- IDO price: $0.0025
- Vesting: 25%TGE, cliff 1 month, 25% monthly for the next 3 months
2. Launchpads
- KingdomStarter
- BSCStation
- BinStarter
- Fam Central
- NFTb
https://t.me/imcommunityitw/2930642
it’s time for the last question
Q5. Move to earn trend is growing rapidly. So who do you think will be BCF competitors?
Jane | BicycleFi : Actually we don’t see anyone as our competitors, they are just there, in the market before us. So it’s a big opportunity for us to learn from them.
We are so appreciate them, cause with their presence, we have the opportunity to learn more and try harder.
We are new project, but our team is not new at all. We have a big team behind us who has decades experiences in game development. Who are very strong in blockchain, crypto currency field. So BicycleFi is a combination of innovation and development not only of the human resources, it’s all capitals here.
Bà Tân | : Thanks for the useful information from @jane_1129
It’s all for today AMA with us
Bà Tân | : Thank you host and Im Community for letting me sharing today.
Bà Tân | : End of session 3
Bà Tân | : For questions that have not been answered today, you can send them to @bicyclefiofficialgroup for answers.
Hope you are being well and successful in the future
Bà Tân | : Congratulations for the successful IDO BicycleFi.
Bà Tân | : IM Community, if you would like to know more about BicycleFi ! here are some useful links for you:
Official Website: https://bicyclefi.io
Twitter: https://twitter.com/bicyclefiio
Telegram: https://t.me/bicyclefiofficialgroup
Youtube: https://www.youtube.com/channel/UCXp4IN0Ef7w7uqjE5o7NPHA
Reddit: https://www.reddit.com/r/bicyclefi/
Discord: https://discord.com/invite/pwshZfyswg
Bà Tân | : Allright, I declare the Im Community AMA with BicycleFi has ended.
Thanks to @jane_1129 | BicycleFi joined us and provided us with BicycleFi information, we hope that this knowledge makes us understand more about https://bicyclefi.io (https://bicyclefi.io/)
To the members, thank you for following this event to the end. winners will be announced soon.
