Bottlecaps x Im Community AMA Recap

🐋 TELEGRAM AMA: Im Community & Bottlecaps 🐋
⏰ AMA Timing : 16 April 2021 l 12:00 PM UTC l 19:00 GMT+7
Venue For AMA : https://t.me/imcommunityitw

🎁 Reward Pool 100USDT

Bà Tân | : Welcome @TomDanton from Bottlecaps

Bà Tân | : Welcome everyone. Today Im Community will host AMA with Bottlecaps.

Bà Tân | : Today our guest is: @TomDanton from Bottlecaps.

Bà Tân | : Please introduce yourself a bit: @TomDanton

Tom Danton : I’m German and working in a large global it tech company as Level 2 and Level 3 technical support, giving customers and development technical assistance. I have a family with 2 children. Recently I decided with my collegue to start a crypto project, as we love crypto and the space and had some great ideas we wanted to build on.

Bà Tân | : Today’s AMA will have 2 sessions

Sessions 1: The chat will be muted & the team will introduce themselves then we will ask some introduction questions to the team Bottlecaps

Sessions 2: The conversation will open to the community questions and the 5 best questions will be selected.

Bà Tân | : Rules to follow AMA : ⤵️

▫️ Join : Telegram group Bottlecaps/Binacaps Community (https://t.me/capscrew) and IM Community (https://t.me/imcommunityitw) , Channel Im community (https://t.me/imcommunityit)

▫️Follow: Twitter bottlecaps (https://twitter.com/bottlecapsBTC) and IM Community (https://twitter.com/IM_Communityitw)

Web & Community:

🌐https://bottlecaps.club

Bà Tân | : Start session 1 AMA

Bà Tân | : Question1. Can you provide a brief introduction to the core team behind Bottlecaps? @TomDanton

Tom Danton : We’re a development team from germany. I’ve over 10 years of experience in Level 2 and Level 3 Customer Support and in development in a large global IT solutions provider and my collegue has 15 years of experience in coding and development in a german tech company. We’re experienced in the crypto space, but its our first real crypto project.

Bà Tân | : Question2. Can you talk a bit about what innovations has Bottlecaps brought? @TomDanton

Tom Danton : Bottlecaps is a frictionless yield protocol similar to RFI or Safemoon. We analized these protocols and found, that all of them share the same issue: dying volume. Without volume no yield. So we introduced a new mechanic to it with arbitrage. We’re trading not only on a single AMM, but at 3 AMMs. If someone makes a buy or sell order at one of these AMMs, he opens an arbitrage opportunity. Mostly bots will fill the price gap now by buying cheap at one AMM and sell high to another. This way we can guarantee a constant high volume and constant good yield rate. Since each trade shares 2% of the traded amount to all token holders and liquidity providers, it can require up to 4 additional trades or more to balance the price between all AMMs, the generated yield per tx is actually 10% and not 2%. This has never been done before and the effects on yield and burn rate can be very high. We’re also the first crosschain defi launchpad. Our plan is to launch safe defi-tokens on several new blockchains and use multichain synergy effects to increase their price levels.

Bà Tân | : Question3. What are the characteristics of Bottlecaps Token? And what value does it have in the Bottlecaps ecosystem? @TomDanton

Tom Danton : Binacaps is part of a larger idea within the Bottlecaps Ecosystem. Due to their high burn and yield mechanism you can earn passive income from holding bcaps token. We also provide incentives for bcaps liquidity providers, because only our top20 liquidity providers have a chance to get our rare nfts and also only them get an airdrop allocation on all our new upcoming defi token launches on ethereum, polkadot, cardano and other chains. In a later stage of development, you’ll need to hold a fixed amount of bcaps for being able to participate in our defi token presales. It will be highly profitable to hold bcaps for the long term.

Bà Tân | : Question4. Could you please provide some progress on your Roadmap and the results Bottlecaps has made so far? And is there any information about 2021 plans for Bottlecaps? @TomDanton

Tom Danton : We started with 500 USD innitial market cap and peaked a few days ago at 1.7m market cap and reached this with nearly no marketing capital. We’re very proud on this archivement. This really shows, the potential of the project. We have plenty of targets on our roadmap. This includes launches on all upcoming major defi spaces such as Solana, Cardano, Kusama and more with our multichain defi launchpad. But we also have some very innovative concepts for our NFTs, that we’re not ready to reveal yet. There are so many great things coming. We’re also working on more strong partnerships and listings of course.

Bà Tân | : End of session 1

Bà Tân | : We’ll move on to session 2

Sessions 2: The conversation will open to the community questions and the best questions will be selected.

Bà Tân | : Rules to follow AMA : ⤵️

▫️ Join : Telegram group Bottlecaps/Binacaps Community (https://t.me/capscrew) and IM Community (https://t.me/imcommunityitw) , Channel Im community (https://t.me/imcommunityit)

▫️Follow: Twitter bottlecaps (https://twitter.com/bottlecapsBTC) and IM Community (https://twitter.com/IM_Communityitw)

Web & Community:

🌐https://bottlecaps.club

Bà Tân | : Those who haven’t joined @capscrew group will not be eligible for AMA rewards, make sure you did.

Bà Tân | : Countdown for session 2

3

2

1

Bà Tân | : @TomDanton Pick the 10 best questions and answer it for session 3.

Tom Danton : ok thats a lot….

Q1. From where you get the project name? What does it means to you? And why you choose this name for your project?

Tom Danton : Bottlecaps is the Name of the currency in a computer game called Fallout. Our Project use Fallout as narrative theme, because we love their game universe. Also, we liked the idea, that the post-apocalyptic society picked bottlecaps as currency and gave them value. So, everything has the value a society gives it. We love that. So, we started bottlecaps the same way, from nothing and let the crypto society decide on its value, and the space took it from zero marketcap to 1.7m marketcap at peak.

Q2. Who are the members of the development team? Do you have any plans to make yourselves known publicly?

Tom Danton : We’re a two men team at the moment. If this project continues to grow, we will add more team members. We still need to clear legal questions in germany, before we can go public.

Q3. Many projects rug pulled and exit scam recently. Why should investors trust your project not to do the same?

Tom Danton : we have proofed tx, that all liquidity was burned, so we can never remove liquidity. Also, we bought all tokens from the open market and only hold a small share. This launch was fair and basically owned by the community.

Q4. What are the techniques that have been made to boolecaps against hackers?

Tom Danton : our smart contract is builded on rfi protocol, that is proofed since over 6 months. There won’t be any hacks. Nonetheless we aim for auditing the project as soon as possible by a well known auditing company.

Q5. How do you plan to increase the demand and scarcity of the Token? Do you have token burn or buy-back plan?

Tom Danton : Yes, we have a exponential burn mechanism, that will cause a very high deflation on the token. To give you a scope, we have a total of 21m tokens, but nearly 2 million tokens have been burned since launch from tx fees alone. This is 10% of the total supply in 1 month and we’re still low volume and very early.

Q6. What are your Vision for Defi? What is your contribution for the development of DeFi?

Tom Danton : We noticed, that providing liquidity is one of the central features of decentralized finance, but people often hesitate to do it because they’re scared of impermanent loss. So, many projects force liquidity contribution in some ways. We’re trying to motivate people to provide liquidity on their own behalf, rather than force it on them. We also noticed, that volume is very critical for all defi projects, so we introduced arbitrage into frictionless yield to push volume even in periods of consolidation. This will generate lots of passive income for holders and lps. Additionally we give traders and bots hugh opportunities to profit with arbitrage opportunities.

Q7. Can you tell about your listing plans?Specially the ones involving major exchanges, CEX and DEX. What types Partnerships you are looking for and what values would they bring?

Tom Danton : We’re working on more listings, but we’re not interested into low tier centralized exchanges. Since our token is trading on binance smart chain and is highly trading volume focused, we’re hoping for a binance listing at some point.

Q8. What is the ultimate vision that Your project is trying to achieve within the cryptocurrencies market? Obviously the whole space will experience huge growth in the upcoming years, but what role would you like Your project play in this?

Tom Danton : we would like to build a large launchpad especially for defi-tokens and provide our early investors high incentives to hold and profit from it by passive income and by participating in airdrops and presales. Our goal is to build the largest decentralized defi crypto community in the entire space and we will not give up until we reached that goal.

Q9. As a community based project, how can I donate my quota for your success? Do you have a Global Ambassador Program or a Referral Rewards System?

Tom Danton : We have a community awareness team and a community marketing wallet. We’re in close contact with our community members and working very transparent. Whoever helps us in our awareness team, will always be the first to be informed about new developments and will have deep insights and influence on our plans.

Q10. With the overwhelming response of people with the bottlecapsBTC ,what is the impacts that it brings to your platform? To investors,what they can look forward for them to trust you more for a long run?

Tom Danton : We’re very happy about our community and their passion with our project. Its very overwhelming and we’re proud on it. We belive, that we can build something very special in this space and investors will find great value in our project in terms of community reach and incentives to hold the token.

Bà Tân | : Thanks for the useful information from @TomDanton

Bà Tân | : End of session 2.

Bà Tân | : For questions that have not been answered today, you can send them to @capscrew for answers.

Tom Danton : thanks as well.

Bà Tân | : Allright, I declare the Im Community AMA with Bottlecaps has ended.

Thanks to @TomDanton | Bottlecaps has joined us and provided us with Bottlecaps information, we hope that this knowledge makes us understand more about https://bottlecaps.club

To the members, thank you for following this event to the end. winners will be announced soon.

Bà Tân | : Today’s AMA winners please PM @quocnguyen1234 to provide reward information. Thanks everyone .

🍀Jőhn L🍀 : nice!

Tom Danton : Thanks everyone from my side. Join our journey and have a nice day.

🍀Jőhn L🍀 : thank for coming here today @TomDanton