On August 24, 2021, HC Capital’s community had the opportunity to exchange with Mia – Marketing Director of Binapet and Wen Mcdonald’s – Support and Marketing Assistant of Binapet to join the AMA to provide useful information about Binapet.
This AMA is organized by HC Capital – The leading cryptocurrency community in Vietnam where investors and traders can receive the latest news and signals as well as discuss and share investment experience in the cryptocurrency space.
Part 1: Some questions from HC Capital team.
Part 2: Q&A with members.
Content of the AMA program
Part 1: Some questions from HC for Binapet
Jannie: Let’s start our AMA. Today Ama will start now with Part 1: Some questions from HC for BinaPet.
Jannie: Could you give us a brief introduction about yourself and project BinaPet?
Mia: This is Mia, team member of Binapet, mainly in charge of marketing, it is my great honor to introduce our amazing project Binapet to you.
Binapet is an NFT games platform and decentralized yield farm application. We have superb developer team and are planning to build the best DeFi NFT Game.
BPET is our token, in the game ecosystem, BPET is used to buy “dragon eggs” and “props”. Also players can exchange their dragon eggs and dragons in Binapet marketplace, which of course also use BPET to do the exchange.
Jannie: At the moment , where you are focusing right now? Building and developing product or getting customers and users, or partnerships? Could you please share it to us?
Mia: Actually we think that, all of year are very important. Project development is the pillar of the project, we have a superb development team who are very experienced in blockchain and games.
Getting customers and users and strengthen community is also very important, we attach huge importance to community building, till now we have built 6 language speaking communities.
Last but not least, we partner with quality partners, like you HC, we are working our best to promote Binapet and work with partners all over the world.
We truly believe that Binapet is an amazing game, once you get to know us, you will fall in love with binapet, not only you can have fun and enjoy playing but also you can earn profit form Binapet.
Jannie: Could you please provide some progress on your Roadmap and what results BinaPet has achieved so far?
Mia: We just issued presale and launched our game on 12 August, for now, we have already over 6000 BPET token holders, we have over 20000 community members around the world.
Also BPET is listed in pancakes, ZT, CMC, CG etc. Binapet game is on dappradar ranking list. Also we have hit Top1 trading volume according to coin98 wallet statistics.
Also according to our roadmap, we will release battlefield soon this week.
Jannie: What are the future development plans for BinaPet?
Mia: Thank you for asking, in August we have accomplished all the promises.
And in the future, we keep to our promise, will do more in marketing and also work with more quality partners to expand our influence continuously.
Also will work our best to push forward BPET to win more token holders and listed in exchanges.
Jannie: Thank you so much, I wish BinaPet always success in the future.
Part 2: Q&A with members
@Arkham8076: What is your strongest advantage that you think will make your team leading the market? And In contrast, what is your weakness? How do you plan to overcome it?
Mia: Thanks for your question, I think the strong point is that we have an excellent development team who are very experienced and we are super enthusiastic about our project, also we have a great advantage is that our community support us a lot, very lovely community, the weakness is that we are relatively at the beginning of our project, so it takes more time to grow, but we are growing very fast !!
@AgentJ67: What are your ways of scaling and developing your project in such a competitive time. And what are your technological advantages over your competitors?
Mia: Thanks for good question, well first we have full confidence in our project, once people get to know Binapet, we believe that we have the thing to attract them, also we are cooperating with a lot of partners to promote, in just this week, we have 5 AMA promotion activities.
@hoavinh1234: Where can I buy your tokens now, what are your current contracts and how can I buy them and what are the benefits?
Mia: Thanks for your interest in Binapet. Our token is BPET, you can buy BPET in pancakeswap.
The benefit is that, once you hold BPET, you can use that to buy egg in Binapet and hatch dragons, with your dragons pledged in NFT farming, you are gaining profit with your dragon, also we will release battlefield this week.
There will be more reward in battlefield coming soon, also holder of token can always enjoy the appreciation of BPET value.
@Dy1_3: Almost 80% investors have just focused on price of token in short term instead of understanding the real value of the project. Can you tell us on motivations and benefits for investors to hold your token in long term?
Mia: Yes we are aiming at long term, we always tell our community that, do not just focus on short term price fluctuations, although the price of BPET keeps increasing, we are building a great game in the long run, with more features of Binapet released, there will be more usage of BPET, stronger community and more buying power.
@SaulOverton: Many new projects initially developed well but were suddenly abandoned. How will you manage your project to get your position on the market and become the best project in the blockchain world?
Mia: Thank you for good question, yes, we not only have a good start for now, but also we are aiming at long term development, that is why we never stop and we keep releasing new features to live up to our promises, also we have a great team.
@iCreepersGoBoom: One of the points that is crucial for the adoption and massification of your project is to be simple, therefore I would like to know how optimized the work processes are so that the Platform is truly simple to use for users?
Mia: Yes we are working our best to make our game not only fun but also provide quality user experience, as you can see, in our community, members always give us praise that the developers are so efficient doing their job, we respond to our community very timely. And we are making our game as simple as possible, it is very easy, i could describe in a sentence, buy dragon egg with BPET, hatch dragons and breed dragons to higher levels, play smart to earn more in NFT farming and battlefield! See, very simple.
@clampet: Revenue is an important aspect for all projects to survive and maintain the project / company. What is the way to generate profit / revenue of token? What is the income model?
Mia: Yes thanks for the great question , here is the tokenomics for your reference
Presale: 30% – Presale
Liquidity Provide: 24% – Locked for 24 months
NFT Farming: 16%
Battlefield Farming: 20%
Dxsale fee: 0.6%
Dxsale declares that it will be destroyed after presale：6.552001%
Marketing and Community Reward : 2.847999%
The 5% of the revenue will be the the only income of Binapet team , which will be used for long term team and project development. 95% of the revenue of the game will go back to reward pool for all players.
@MiemmileeiejdD: The goal of the DeFi is to create a new financial system that eliminates subjectivity, bias, and inefficiency by relying on programmable terms. Does your project support this vision and how does it participate in the DEFI space?
Mia: Yes exactly, Binapet is aiming at building best DeFi Game, and players have already been playing with fun and earning profit in NFT farming.
@crycryptoer: Many new projects are risky and subject to smart contracts bugs and vulnerability . Can you assure us What steps has been taken for safety of your platform and have you done any Audit?
Mia: Yes we have done audit before presale, Binapet is audited by solid proof, we attach great importance to security.
We are aiming to build best game for the long term with great team resources.
@kimura578: Community is an important thing to any project. How are you going to educate us that the project you are offering is long term? and do you have the funds and a strong team to be able to develop this project in the future?
Mia: Yes we have the funds and we have a great team, one example I could show you is that when we issued presale on 12 August, just took 5 seconds that all presale quota were sold out completely, this totally shows the supporters have great confidence in Binapet.
@Paula433: What are your plans on Global adoption? What is the next goal you want to achieve? Where will your main development market be?
Mia: Thanks for your question, Binapet is a global game, we are promoting our game all around the world.
@AFRICABa: What is total supply of your project? Where we can buy it? Are your plans to focus on market or to grow community?
Mia: Total supply is 100 million, and Binapet team have not premined also can not mint.
This is a very fair game with fun.
@MaireBolden: I seen that you have done many AMAs, my question is, what do you expect to get from so many AMAs and what are your goals with the community? Do you consider the community to be a fundamental role in the project?
Mia: Yes I can see that you know Binapet well, thank you for supporting us, we are doing AMA a lot to help more people get a chance to know us, because Binapet is really a gray project, players can enjoy playing with their dragons and earn profit.
@TobiPorter: Do you have any Coin Burn / BuyBack systems or any $Token Burn plans to increase the value of Token & attract Investors to invest?
Mia: Actually the total soupy is 100 million, can not mint, and the value of BPET will keep going up as people need to use BPET to buy eggs and props to play the game, it is a healthy tokenomics cycle.
@TESTUBEBABY82: So many projects just like to speak about the “long term vision and mission” but what are your short terms objectives? What are you focusing right now?
Mia: Well our short term is that, in game development, we are working our best to develop battlefield and will plan to release this week, for community, our short term is to grow our telegram community to 30000 members, now we have more than 20000 in our hom.
We are doing our best both in development and community support as well as marketing promotion.
@TatumHouse: Is this platform suitable for Crypto beginners?Or does it only appeal to professional users?
Mia: Yes it is very suitable for new starters very simple to go, as long as you have a wallet and can use BPET to buy an egg, you are ready to play with lots of fun.
@thunderforce3: Will there be a limitation on the amount we can deposit in your Project? As of now, what forms of payment is currently supported by Project?
Mia: For now to play the game, BPET is the start point, use BPET to buy eggs or pros in shop. You can get BPET in pancakeswap, there is no limitation for players , of course the supply of BPET is 100 million.
@XFacon: How important is the community to you? and how can we collaborate or help you for the development of the project?
Mia: Yes community means a lot to us. That is why we respond very quickly in community and keep improving our development and marketing promotion.
@MarleenSepulveda: Did you consider community feedback/requests during the creation of your product in order to expand on fresh ideas for your project? Many projects fail because the target audience and clients are not understood. So I’d like to know who your ideal consumer is for your product?
Mia: Yes we take advices from community seriously, we have experienced team members and we keep close communication with our community, take the good advices from community to perfect our game.
@mdc0923: What was the biggest milestone your project has? What is plan in the future?
Mia: For now I think we have achieved many big milestones, including listed in pancakes the same day of game launch and token presale, also listed in CMC and CG in one week after launch, we hit Token trading volume Top1 in coin98 wallet ranking list, more good things are coming.
Thank you so much for asking so many good questions.
Jannie: Amazing Q&A! Thank you @BinapetMia for this great AMA👏 and good luck with Binapet.
Hope this AMA Recap will let you understand more about Binapet. Thank you for following AMA Recap and for your companion also HC Capital!