BSCDaily hosts Bitspawn: #Bitspawn #NFTGaming #SolanaNFTs #SolanaDaily #SOL
Solanda_Daily Admin: Hello and welcome, how are you today?
Eric: I’m doing great, thank you for having me!
Solanda_Daily Admin: Happy to hear! Ready to start our AMA?
Q1: Now to start the AMA, team Bitspawn please have a quick introduction to the community about your project & background of the team behind.
Eric: Bitspawn is a gaming blockchain protocol built for mainstream adoption. We provide a solution that tokenizes traditional games (esports) and enhances blockchain gaming (NFTs). The main core components of the protocol are game data oracle, gamified staking, decentralized marketplaces & apps, NFTs, and liquidity solutions for gaming events.
I’m Eric Godwin, the founder of Bitspawn. I have been working in the blockchain space since 2015, mostly working on tools for analyzing crypto assets. I am a former competitive gamer and current esports enthusiast. I used to compete in Call of duty and Halo. The current game I play is Call of Duty: Warzone.
Co-Founder & CTO
Former Amazon engineer and expert in big data. Helped grow DOTA community in China. Co-founded OneLedger Blockchain.
Co-Founder & COO
Internet entrepreneur and lead generation expert for over a decade. Rhys is a CS competitive player.
Co-Founder & CMO
Social media expert and avid gamer. Worked with TikTok and Snapchat directly as clients.
Q2: How did you come up with the idea to create Bitspawn?
Eric: I came up with the idea for Bitspawn after using the legacy online solutions for competitive gaming over the years. Players have no control or rights and are subject to long waits over payout. Bitspawn solves these issues by allowing players control over monetizing their abilities and competitive profiles as well as ensured payout in events. Bitspawn expands from competitive gaming by allowing communities to grow and socialize while building their own marketplaces and gaming apps that they control entirely.
Q3: Can you walk us through Bitspawn’s ecosystem and it’s unique offering? What are the benefits Bitspawn will bring to the ecosystem?
Eric: Bitspawn allows non-gamers to provide liquidity to gamers and gaming communities to provide crypto assets for prize pools of events and help them grow. The abilities of all gamers are tokenized through Bitspawn and every player can find a way to earn money. It is not just about competing in tournaments and winning prize pools. Some of the different ways gamers can make money using Bitspawn include participation through staking (Proof-of-Respawn), hosting gaming events, building marketplaces, selling gaming services, creating NFTs, managing esports teams and gaming communities, creating content, and developing tools or applications.
Bitspawn is built with the intention of bringing crypto adoption to the masses through gaming. There are over 2 billion gamers on the planet, and most have grown up with the concept of using in-game digital currencies to buy items. Cryptocurrency is an extension of this. The problem with crypto currently is usability, the is a large skill gap for initial users to get comfortable with using crypto. Bitspawn solves this buy including traditional fiat on-ramps and allowing users to simply use credits on the platform, and being able to swap to using SPWN tokens when they feel comfortable.
Q4: What makes Bitspawn different from competitors and what features are you proud of Bitspawn that others don’t have?
Eric: Most of the other gaming solutions out there are built on Ethereum. We are the first gaming infrastructure protocol to be built on Solana. Competitive advantages for us remain as: our ability to build out an ecosystem of dozens of supported applications and sites, we are not simple DApp. We also lead in aggregating game data into on-chain contracts that can be used by players in many different ways described. Our proof of respawn mechanism is one of the first of its kind to be tied into gaming progression and rewards alongside players having their own NFT avatars that provide intrinsic benefits to using the network.
Q5: Let’s dive into your token $SPWN. Can you share with us your tokenomics? What are some of the $SPWN use cases? Does it get audited?
Eric: Total Supply – 2,000,000,000 $SPWN
Current circulating supply – 426,277,778 $SPWN
Our network token (SPWN) has multi-level functionality. Medium of exchange on gaming marketplace, wallet staking, gaming rewards and progression, community governance, entry fee and prize pool payment are the main utility functions.
We are focused on building tools and features people actually want to use, as well as building a great community. The SPWN token will become more scarce over time as these new features are deployed and tokens are locked in for use across the network, whether it is for gamified progression, staking, participation, growing communities, being used on a marketplace. The intrinsic utility of the SPWN token is what drives its value, and that utility is only going to grow over time.
Q6: Can you share with us about your partnerships & influencers that you are collaborating with?
Eric: We have two major exchange partners currently: Bittrex Global and Probit. We have one staking partner: CyberFi. We have three esports partners: Northern Arena, BeyondRanked, and Virtual Pro Network. We have one rewards partner: Phaze. We have NFT/Storage partner: Stratos. All these partners help boost the utility for the SPWN token and provide user growth or technology support for expanding the Bitspawn ecosystem and network.
We are early stage and waiting for milestone development updates before collaborating with influencers to get the most value out of those relationships. October will be a big month for Bitspawn.
Q7: What can we expect on your roadmap in the next 3 months?
Eric: We have launched our Solana-based token this past week and it is currently trading on Raydium permissionless pools.
We are listing on ProBit later this week.
Our tournaments feature has been redesigned and being deployed soon. We are launching our first marketplace as well.
Beginning of October we will be sharing the first Solana NFT game app to integrate into Bitspawn ecosystem.
Q8: Where can we find out more about Bitspawn on social media?
Eric: Website: https://bitspawn.io/
Solanda_Daily Admin: With this, we are now at the end of our AMA session with TreeDefi.
Time for wrapping up, any last words you would like to say to our community?
Eric: Community members can participate by supporting us across social media, play in events on bitspawn.gg and follow rules for giveaways on the app. Airdrops will be done in the same fashion. We have included a lot of the top video games on our application and have created tools that most gamers want for a social and competitive experience. Most of our current users come from gaming and not from crypto. They are willing to transition to crypto because of the advantages Bitspawn gives them over other solutions: simplicity, speed, fun, and automation.
Solanda_Daily Admin: Thank you so much for spending time with our community & all the very best for TreeDefi.