At 15:00 February 28, 2021, XT.COM CHANNEL was starting again!
Here was the guest Mr. Vinay Chandra Lal (BTCA CEO) with us. Let’s follow him to explore ‘Bitcoin Asia, World's First Crypto based Travel Package Company’. I know it’s a pity to miss the event. So just review the AMA with me now!
（Q：XT CBO JUN A：BTCA CEO Mr. Vinay Chandra Lal）
Q：
Hi, everyone! Welcome to the XT AMA Channel. I'm Jun, CBO at XT.com. I am hosting today's AMA with Bitcoin Asia. Let me give a brief introduction to XT first.
XT.com is the world's first real-time social trading platform with 0% leverage interest. The XT ecosystem has over 6 million global users with a daily transaction volume of close to $5 billion. The platform has real-time indicators and tools that bring the best trading atmosphere for all users.
XT exchange's innovative social model empowers the blockchain industry through newly developed social trading avenues, which were once not possible. XT has achieved this through a combined effort with our partners, such as Bananatok.
Today, our guest is Bitcoin Asia CEO Mr. Vinay Chandra Lal. Let's talk to him to learn about Bitcoin Asia.
Hello Mr. Vinay Chandra Lal, thank you for joining us for the XT and BTCA AMA!
A：
Hello Jun, First of all, I want to thank XT to give me such a platform where I can directly interact with such a beautiful audience and deliver my project insights. Thanks for setting up this AMA. Hello everyone, Good afternoon. I hope you all are safe and your previous months must have gone well. Let’s hope that the upcoming months go well too.
Q:
Can you give our audience a brief introduction to your project?
A:
Yes, with pleasure.BitcoinAsia is an ERC20 token based on the Ethereum blockchain. It's a decentralized peer-to-peer cryptocurrency for the travel & tourism industry.
I feel very proud to say that BitcoinAsia is the world’s first crypto-based travel package company that allows a traveler to book a whole tour package using cryptocurrency. Some companies offer a person to book flights and hotels through cryptocurrency. Still, none has accepted cryptocurrency to book full travel packages, including Flights, Hotels, Local Transportation, Meal plans, Local guides, Visa, and Travel Insurance. But with BitcoinAsia, you can do just about everything.
Our travel website (www.bitcoinasia.travel) and android application (Bitcoinasia - Travel) are live now. One can visit the website or download our android app to book the whole travel package for Asian Countries through paying in crypto.
Q:
I have checked your project has got impressive ratings by some top crypto rating websites. How do you take these ratings?
A:
I strongly believe that if a project has great potential and an excellent team working at the backend, that project has to be appraised and encouraged. Our project has been given a 9.7 rating by CryptoTotem and 9.4 by ICOmarks. And I feel proud to say that this is one of the world’s highest rated crypto project of current time.
Q:
Can you give our community a brief introduction behind the inspiration to build BTCA?
A：
I believe that “Problem and Need” are the inspiration behind building any product. Because Problem and Need give birth to “Opportunity”. First of all, I want to talk about the “Problem” part. Before building BTCA, we were already working in the travel & tourism sector. We used to offer Inbound and Outbound both sorts of travel holidays packages. Then we realized that the fiat currency conversion fee was too high. Traveling one country to another country with fiat currency is expensive.
Now comes the “Need” part. So we started searching for solutions to tackle this problem. By that time, people were talking crypto all over and its adoption was very high. Due to having IT professional teammates, we knew about blockchain technology and cryptocurrency a long time ago. Here we saw the “Opportunity” to introduce blockchain technology into daily usage. During our research, we found that no single company was offering the whole tour package through crypto. Traveling one country to another by paying in crypto, tourists can save a lot of transaction fees. So we took the initiative and converted this opportunity into reality.
Q:
In the Crypto industry, what do you think of the current state? What do you think that needs to be improved?
A:
We are in the era of digitalization and want to digitize every possible thing. It's an irony for us that despite living in 2021, we are still following the 300-year-old concept of paper money, which is centralized and can be manipulated by the government at any time. The travel sector is the backbone of the world economy. Tourism provides 10% of the world's GDP. By building an online platform for travelers to travel through cryptocurrency, we are doing justice to both. On the one hand, the travel industry requires new and secure technology. On the other hand, the technology used in the blockchain and crypto industry needs to be adopted by numerous businesses. Now I have come to adopt decentralized technology. By doing this, we would be able to hand over our upcoming generation a fast, secure, reliable, and trusted environment for travel.
Q:
How does the BTCA team plan to tackle these issues to reach mass adoption?
A:
To reach mass adoption, we would add various tourist destinations across the world to our travel platform so that maximum people could travel through crypto. We have planned to list our tokens in some other top exchanges so that more and more people could join us.
Q:
It sounds like the team is building something unique and special. Can you introduce the core team members of BTCA? We hear the team is highly experienced, can we get some examples?
A:
We’re a team of passionate, experienced, and optimistic blockchain believers. Our team has smart personnel from various domains but all of them share only one goal that is to drive this organization to achieve its objectives. From technical professionals to business executives, from travel advisors to legal advisors, our team is decorated with highly experienced professionals. I have years of experience in various businesses. I founded -“MyPriceVatika” to compare the price of mobile phones offered by different sellers within the territory of a city. Then I founded -“CheapestYatra Holidays” which was an online travel package comparing and booking website. I have been a prolific blockchain investor since 2016.
The other teammates are equally talented and possess extensive knowledge of their respective fields. Their Name and designations are as follows:
2.Harshit Bhatt: Chief Operating Officer
3.Neelam Prasad: Vice President
4.Rohit Prakash:Senior Vice President
Our team members and start-up are from India’s most prestigious technical institute, “IIT -
Indian Institute of Technology”, This is the same institute from where current CEO of Google - ‘Mr. Sundar Pichai’ has completed his graduation.
Q:
What is your timeline, and what can we look forward to from BTCA?
A:
We have been following our roadmap since the very beginning. Our IEO/ICO closed successfully, our travel website is live and we have recently launched our android application on google play store. Now we are listing our token on XT on 1st March 2021. I hope that our efforts would be welcomed by this community members. Right now, we are offering holiday packages for asian countries only. In future, as per the road map, we will cover European countries and whole world letter on.
Q:
Anything else do you want to share with our community?
A:
Yes, I have a gift for all of you. A BitcoinAsia Challenge.
Let me give you a task today. Just open any search engine you like and search for any online platform which could book a whole vacation using cryptocurrency. If you find any such company other than us, we'll be happy to give you 50000 BTCA for free.There are some companies which let you book hotel and flight through cryptocurrency. I request you to please find an organization that gives you a one-stop solution to book a full vacation consists of Flights, Hotels, Local Transportation, Meal plans, Guide, etc through crypto. If you find then email us at [info@bitcoinasia.site](mailto:info@bitcoinasia.site) with full details.. Don't be hopeless if you don't find any such company in your research. You are lucky that you have come to know about BitcoinAsia in before its too late.
It's the same as if you invested your money at the beginning of companies like Amazon, Bitcoin,
Coca-Cola, Uber, Apple, eBay, etc. All these companies were first of its kind in their respective
fields. You might have missed the chance to invest in these companies but fortunately, you've got a great chance to invest in such a company which is the first mover of its field.
Q：
Thank you, Mr. Vinay Chandra Lal, for taking the time to do this AMA with us today. It has been great learning more about BTCA and the team behind it!
A:
Thank you Jun to conduct this valuable AMA. I completely enjoyed this session and hope that I was able to deliver the importance and potential of our project to all of you. It’s been an honor to be among such accomplished individuals and to be able to present my perspective before you all. Thank you again and have a great day.
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