Wednesday, July 13, 2022

AMA Summary 13th of July 2022

  1. Question (Q): Is there any plan that babydoge tie up with all countries central government to build babydoge franchise (it maybe petshop/charity/merchandise/petcare homes) which all comes under babydoge license?

Answer (A): We dont speak to any governments currently, do not believe merchandise would require government consent.

  1. Q: When can we expect BabyDogeCard?

A: Card is delayed because our third party provider doing the card did the ledger card, and unfortunately since ledger is so big we got pushed further back in the que.

  1. Q: Any plans to integrate baby doge coin and baby doge nft's? similar to bored ape/ape coin.

A: Yes, 1 of the things we are working on is NFT holders can purchase baby doge on ETH side without paying the 10% BUY fee.

  1. Q: Hello the 3D NFT will be droped for actuel NFT holders or we have to buy them?

A: The only thing needed to pay would be gas fee, you may have to stake your 2D for 30-90 days to receive a free 3D.

  1. Q: What is our plan regarding babydoge nft? When can we expect some real case utility of nft? Marketing plan regarding babydoge nft?

A: See the roadmap, being able to use your NFT in decentraland to play as baby doge, being able to purchase babydoge with a 0% fee. Marketing plan really just falls in line with the token, we are growing followers and holders for the token daily and some of them we hope goes into the NFT.

  1. Q: Regarding baby doge burn are you planning to do massive burn any time soon ? Or planning any giveaways?

A: No massive burns planned, over a year of burns its become apparent that manual burns do not do anything. This is something we are looking to discontinue when our swap releases and have the swap be what generates the burns, while the tokens we have are given as rewards to those who stake.

  1. Q: When will the BabyDogeArmy expect Babydoge's own blockchain?

A: BNB has something called side chains coming, however we do not see a use yet currently to build out a separate blockchain. After we learn more about BNB side chains perhaps we will find a use for them but not currently.

  1. Q: Will owning an NFT offer any additional utility on babydogeswap once it's released other than a discount on buying babydoge?

A: Baby doge swap is on BSC and the nft is on ETH so we have been trying to think of ways to do this but since theyre separate chains its tougher.

  1. Q: Are there any plans to alter the tokenomics to make babydoge more appealing to cex's?

A: We are on 20+ exchanges including Huobi, Gate.io and OKex, do not believe tokenomics have an effect.

  1. Q: Will they burn more coin in the future if not it would be hard to go higher? correct me if im wrong.

A: Burns from non circulating supply do not believe to affect the price, as we have saw with the 50q burn, and the other 10+ burns. Most projects do not base their success based on manual burns and this is not something that can be done long term. The only reason for manual burns was the team having so many tokens. We actually regret burning so many as they would been better used for rewards on the swap.

  1. Q: Will there be pre-sales of coins on Babydogeswap?

A: Well technically anyone could list a fair launch coin on the swap, but not a launchpad in v1.

  1. Q: Any key dates of launches or events?

A: We only announce a date when something is already completed, development has been a tough process and its not just our team, we have hired third party teams who also struggle with timelines. However the Metaverse wearable is complete and has been turned on once to test it and make sure it fully works. So it should be live on monday july 18th.

  1. Q: What’s our game plan going forward to get more Whales buying? How can we help? Trending on Twitter is great but we don’t seem to be grabbing the big guys atm.

A: Market is really scared of inflation, recession ect right now and also saturated with 100s of memes. new memes launch every day it seems. Most die off in days or weeks. Very proud we have stood the test of time so far thanks to all of you in the community. Everything is down many top projects down 80%+ Like Solana was around $250 or so and now like $35 is crazy.

  1. Q: What is the advantage of holding babydogecoin?

A: Being a part of the fun meme community, helping save dogs, being able to use the token in our first game that is coming out soon, lower swap fees for holders when our swap comes out.

  1. Q: When are we going to have TV ads or billboards to push our influence and broaden our investors? Alot of people dive into coins that do that for instance Litcoin has appeared in several movies and so on. Wouldn't TV and radio advertising help skyrocket our investors and exposure?

A: Eh, majority of population does not use crypto so hitting the broad majority of people with ads without a call to action seems useless, i never bought anything i saw on a billboard, its tough to see something on a billboard or even TV then take action to look it up vs displaying a digital ad they can click right there and boom read about you.

  1. Q: I was thinking there were going to be 0 fees? Did I read that incorrectly?

A: No entire swap is not 0% fees, only select pairs that we run promotions on or have partnerships with who provide liquidity.

  1. Q: Is the babydoge arcade in the works?

A: The first game will be announced shortly. It appears to be fully done with the last part a third party quill audits auditing the smart contract, then we can go live with beta hopefully soon.

  1. Q: Can BabyDC be used as a trading pair on the swap?

A: Yes we plan to have baby doge as a pair on the swap.

  1. Q: Crypto universe feel less volatile with babydoge token's price....Any secret formula behind this?

A: No secret formula but the more liquidity a project has the harder it is to increase but also the harder it is to decrease. Projects with very low liquidity are typically more volatile than projects with a lot of liquidity. if a project has only 100k liquidity and 10m marketcap then someone buys 100k worth of the token it could make the token go up like 80-90% to 18-19m but then again if theres 100k liquidty and 10m marketcap and someone sells only 50k worth, it could crash it from 10m down to 5m. This is just an example and not any type of advice do your own research.

  1. Q: Is migration something you might look into again, or is that thought completely dead?

A: I dont think we should migrate unless the community feels a need to, if anyone has an idea on why we should migrate they can add to community forum.

  1. Q: What do you think about implementing in your exchange the burning of small portions of the token in each transaction of the people in your exchange?

A: The fees are .30% total fee, .05% goes to buy back and burn of baby doge .05% goes to treasury, .2% goes to liquidity providers. Holders of baby doge token pay lower fees depending on how many they hold. this is subject to change. We can select individual pairs like BabyDoge/BNB and place 0% fees on that pair or Bitcoin/USDT, any pair we can set lower fees to.

  1. Q: I believe by far our biggest selling point is babydoge potentially being a guard against inflation while also donating to charities. How do you plan to attract noncrypto investors and advertise us as such?

A: I dont think peoples first crypto should be baby doge, personally i got into crypto first believing in bitcoin. People should really be educated on all cryptos before buying memes.

  1. Q: Why cz hate us ? Do we a chance to get list in binance this year?

A: Our community is so strong and savage he thinks its all a bunch of bots.

  1. Q: Looking to the future… As you decided the supply in the beginning, where do you personally want to see the supply in 3 years in an ideal world? Do you have a target in mind?

A: We are at 46.XX% currently, would be cool if we got to 50% one day, then 50% of reflections would be going to burn. I honestly didn't plan out 3 years of supply when created. I saw shib do 1q supply and was like you know what people maybe like more than 1q? 420q LOL . i didn't think people would be buying quadrillions or trillions or billions of tokens. I really thought people would buy like 10,000 or 1 million for the lolz, initially honestly this project was created as a joke, then over time grew into this amazing community.

  1. Q: July 18th you can play as baby doge in decentralized with your NFT, maybe for those who don't have nft can't play or in the future can come to play?

A: Maybe one day we release one that is sold, however may not be fair to NFT holders.

  1. Q: So do you plan to bring this to a real project? Because im invested big inhere, now im more scared lol migration to a real gem will be great.

A: What type of idea you have for migration? I would now consider us a real project.

  1. Q: Is any plans to partnership as payment method of E-COMMERCE in future?

A: No, we did the Coinpayments, however there was not a whole lot of interest as most merchants do not want to hold crypto. The card seems like the best solution to spend baby doge on ecommerce.

  1. Q: When will babydogeswap release?

A: Hopefully soon... they are finding and testing the final bugs with it, the swap itself is done, but farming as a service is the final component, still being worked on. I made a video already a while back of the swap working just need to get Farming as a service complete or else a swap without token rewards for liquidity providers seems kinda dead and repeated.

  1. Q: Don't you think it will give us an advantage if we migrated and reduced the supply?

A: I dont think supply is that important other than it looking nice, using large numbers is difficult to use i understand, But say theres $100 liquidity and 100 tokens each token is worth $1 but $100 liquidity and 100 million tokens now each million tokens is $1.

  1. Q: We need to use our NFTs to play game or not??

A: To play as baby doge in decentraland yes, but the first game we make will be used with baby doge coin.

  1. Q: Is there a forecast of burning at the beginning of the month??? what will be the value?

A: Manual burns will slow down we can see they have little to no effect, we have been burning team tokens in addition to the tokens generated from volume, we will stop/slow down the burning of team tokens and the tokens will be given as rewards on our swap.

  1. Q: Will the arcade game (not nft game) disperse reflections?

A: No, but it burns coins.

  1. Q: I'm one of the bigger holders here and officially after this ama im scared for my money, I won't ever sell but the 0 fees on eth scares me..please prove me wrong, reflections are about the most important feature and with 0 fees on eth what stopping people from only buying on eth side?

A: Most liquidity is on BSC. If the eth price goes high people can buy lower on BSC then sell it on the ETH side, plus ETH gas fees are high in comparison to BSC.

  1. Q: Will be adding more bridges soon?

A: Dunno, not a super urgent item for us unless 1 chain really breaks out, gains a lot of momentum, as ETH didnt do super well.

  1. Q: If the manual burns are going to slowed down or stop,will there be utilities to increase the burning effect?

A: Utilities we build will have burn features, we cannot promise how effective they are though as its based on volume/use of the utilities, hopefully people use them!

  1. Q: I'm not saying get rich quick scheme but maintain minimum growth rate in the price. Atleast kill a zero in six months. 90% people in the community expecting this.

A: Here is a secret its not guaranteed to work this way but a pattern I have noticed. If bitcoin goes up it typically sends the price of BNB up. Since BNB it seems is in someway pegged to bitcoin. Then Baby Doge is pegged to BNB so if you see BNB go up and people do not sell their baby doge for BNB then baby doge goes up since the liquidity value (BNB) went up. not financial advice just a trend ive observed do your own research, not guaranteed to work this way. If BNB dropped by 50% tomorrow the value of baby doge liquidity would also drop 50%, but if BNB went up by 50% the liquidity USD value would go up 50% not advice, not proven true. do your own research.

  1. Q: But the issue of gigantic supply really seems to be something that doesn't attract much.

A: Or maybe its the opposite so many people got BDC because the supply was huge? where else can you own 1 million of something for less than a penny or 1 billion of something for a couple dollars? Big supply was supposed to make it fun, i dont want 1 coin i want a billion coins and i dont want to pay 20,000 for 1 coin... why cant i pay 1 cent for a million coins? It is just personal preference.

  1. Q: What can we do to help you?

A: Help build things related to baby doge that add utility, or spread awareness, or adopt a doge... if you have a super power, offer it to the community in some way. Say you make really great Bagels, sell your Bagels for baby doge, or even sell baby doge themed bagels or say you make really great memes, make baby doge memes, say you make car wraps, wrap your car in baby doge! Use your super power and apply baby doge to it.

  1. Q: What do you think about cz's recent claim? He basically said we're all bots.

A: I think its impressive, its like accusing someone not doing steroids, on steroids, I think its a compliment. I just hope once we have our swap out, game out, card out, and sees impact of saving dogs, CZ is like oh dang baby doge is not playing they were building! I dont think CZ respects us because we dont have things out currently, and i am embarrassed that we do not honestly. CZ is ALL about building! Praying our dapps come to fruition and do well and earn his respect.

I am off lads have a great rest of your day and week!


Thunderpick Bitcoin Series - Dota 2

Thunderpick Bitcoin Series is live with our first round and with it 16 teams from North and South America are battling it out to grab a piece of $50.0000 prize pool. After open qualifiers won by Dreamers Esports and MadKings this week, we are starting with first round of swiss system, edging closer and closer to the main event.

Remember to follow the action on Twitch: https://www.twitch.tv/beyondthesummit2

For this week's we have the folowing games

Game Date Score
The Cut vs Team DogChamp July 11th 20:30 EDT (17:30 PDT) 0-2
5ManMidas vs Mad Kings July 12th 20:30 EDT (17:30 PDT) 2-0
Eternity vs Hokori July 13th 20:30 EDT (17:30 PDT)
5RATFORCESTAFF vs Arkosh Gaming July 16th 14:00 EDT (11:00 PDT)
ALPHA vs nouns July 16th 17:00 EDT (14:00 PDT)
The Brood (ex-Simply TOOBASED) vs Wolf Team July 16th 20:00 EDT (17:00 PDT)
KBU.US vs felt July 17th 15:00 EDT (12:00 PDT)
Dreamers Esports vs Wildcard Gaming July 17th 18:00 EDT (15:00 PDT)

You can find more details on our blog post here: https://thunderpick.com/blog/dota-2-tournament-with-thunderpick-is-coming/

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