Bitcoin Forum

About Bitney
Bitney is a company that is developing Beeznix the game. In conjuction with that, Bitney is partnering with many established, revenue gerating bee farms to help cultivate and educate beekeepers and businesses. Bitney has a Community Service Reserve (CSR) fund to help educate and promote beekeeping activities. We believe that the decline of bees is a serious problem and poses a huge risk to the future of earth. Bees are an irreplaceable force of nature, without which many plants and trees will fail to pollinate and subsequently be at risk of extinction. Through our CSR, bee farms and Beeznix the game we hope to promote and educate the world on the importance of bees and uptake our role as protectors of bees. With our different initiatives working together in synergy, we believe our token, business and game will be able to generate immense value and propagate our mission and vision to many more people. Together, we will be able to ensure that we will be able to partake in this incredible mission to save our little furry striped friends.

As a utility token, Bitney tokens are used to purchase in-game assets such as erc-721 cards, staked in tournaments and much more. Players are able to earn Bitney tokens through playing and winning the Beeznix games. Players are also able to "lose" their Bitney on the game platform if they are not careful. With cunning and skill players battle each other to gain an edge in Beeznix the Honeyverse. Beeznix as a game is a great marketing and fun effort to push out Bitney's mission. Profits from the sale of honey used to buyback Bitney tokens. From this buyback, 20% of the tokens are burned, and 80% is redeposited into the Beeznix Game Rewards Bank. Beeznix Game Rewards are used to incentivise and fund tournaments for the community.
Problems & Solutions

1)
Problem:An increasing global demand for honey and insufficient supply of raw honey.

Solution:Profits generated from a mobile game accelerates expansion of honey farms. A global outreach program will help educate farm owners and optimize hives and maximize honey outputs. Provenance of honey generated from project Beeznix can be tracked using a decentralized ledger to prevent bootlegging.

2)
Problem: Many cryptocurrencies are at risk of eventual devaluation from lack of a sustainable revenue model.

Solution: Bitney is built off an established, revenue generating honey business.Profits from honey sales are used to purchase Bitney tokens from exchanges. From this buyback, 20% of the tokens are burned, and 80% is redeposited into the Beeznix Game Rewards Bank. This cycle safeguards Bitney’s value.

3)
Problem: Limited playability and portability of game skins.

Solution: Bluepz utilizes the ERC720 token standard to create crypto game assets such as skins, gold and accessories that are transferrable between players, combinable with other game assets and usable across multiple games / game modes. Bluepz can also be sold for Bitney at our community market.

4)
Problem: Undisclosed drop rates and proof of provenance for purchasable digital assets.

Solution: Using a viewable algorithm that always generates a randomized drop rate, our drops for ‘mystery’ assets are provably
fair. Bluepz are recorded on a decentralized registry, and asset ownership trails can be viewed via the block explorer.

5)
Problem: Lack of digital assets that can act as collateral for peer-to-peer microfinancing

Solution: Ruled by market demand and scarcity, each Bluep holds its own price and can act as a digital collateral for loans between players. Lenders choose to offer loans based on their perceived valuation of the offered collateral and decides on interest rates. Smart contracts execute terms for the movement of funds and the escrow of the collateral.

6)
Problem: Players spend time, effort and money on games, but get no real-world rewards

Solution: The Beeznix game lets players earn Bitney rewards for playing and amassing in-game resources. Players can exchange Bitney for major cryptocurrencies at exchanges listing Bitney. The Beeznix Rewards Bank is funded by actual honey sales profits.

7)
Problem: Gas fees and transaction times make ERC721 gaming directly on Ethereum unfeasible.

Solution: Beeznix operates on a sidechain, where the player’s preauthorized game wallet is subject to the game’s smart contract rules, allowing fast and free movement of ERC721 game assets and autonomous changes of ownership. This opens up a whole world of possibilities for development of more intricate gameplays involving non-fungible token assets (NFTs).

Token Metrics
$32 million hardcap
$5 million softcap
1 billion token supply
ICO 50% of token supply, 500 million BTNY tokens
Private sale stage 1 100m tokens  Closed
Private sale stage 2 100m tokens  Open to institutional or accredited investors
Pre-sale stage 1      100m tokens @ $0.064
Pre-sale stage 2      100m tokens @ $0.072
Public sale              100m @ $0.08
Unsold tokens are burned.

Distribution
50% ICO
10% Marketing
1% Bounty
4% Community Service Reserve
15% Strategic Partnerships
20% Company Reserve

Allocation of ICO Budget
40% Partnerships with Bee Farm
30% Marketing
2% Game Rewards Bank
10% Contingency Fund
18% Game Developments & Operations

Do join our telegram or post below if you have further questions to interact with the team and the community!
Join here: https://t.me/bitneyofficial

For those interested in Bounty Rewards, head over here:
https://bitcointalk.org/index.php?topic=4420704

Quite an interesting project. If you are interested in advertising and promotion of your project, write to me, there is a proposal.

I found good road map of the project and would like to tell about the project to investors that Bitney is a company that is developing Beeznix the game. In conjunction with that, Bitney is partnering with many established, revenue generating bee farms to help cultivate and educate beekeepers and businesses. So, don't miss this opportunity.

awesome. I liked!

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Interesting project. But, I want to ask the developers. How fully do you know the problems of beekeepers? How you consider, what honey is more tasty?

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The topic or board you are looking for appears to be either missing or off limits to you.
Why ! Can you help me !

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@BitneyOfficial you should have a self-moderated thread, as you can see people do not read and post where they should not. The link to the bounty thread does not work.

Good luck with yor project ;)

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Usually, project like this using some kind of backing from environment, will not prosper at all.
Better develop the game instead of backing it up with honey.
I've seen similar concept but they were not successful in implementing their idea.

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I like the idea of your project.  Tell me, what will be spent on the funds that are collected at the pre-ICO?

hope this will be in listed asap.

Hello! Thank you, do give suggestions if you have any for improvement. As a team we are always open to criticism and feedback and look to continuously improve and deliver our projects.

Here is the allocation of ICO Budget

40% Partnerships with Bee Farm
30% Marketing
2% Game Rewards Bank
10% Contingency Fund
18% Game Developments & Operations

Thank you for your feedback.

It's not really a backing from the environment but rather a contribution from the honey farms in partnership with Beeznix the game. In return Bitney provides resources educational backing that bee farms require to prosper. Coupled with Beeznix Gameverse, it could prove to be a sustainable cycle with plenty of synergy in line with the company's vision and mission.

However, all plans are not perfect and always require iteration and innovation in line with developments around the world. As a team we are open to criticism and feedback to continue pushing boundaries and developing our product according to user's requirements. Success is what we strive for and we are determined to do it.

Hey thank you for your comment, unfortunately there was some issues with the BitneyOfficial account and we are looking to fix it asap. In the mean time here is the bounty thread link https://bitcointalk.org/index.php?topic=4420704.

Do check it out and ask if you have any questions!

It is quite interesting and extraordinary , Bitney is a platform Beeznix game that has worked with many bee entrepreneurs, the goal is to help the cultivation and education of beekeepers. work together, and help the most noble things.

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A good read from https://medium.com/@bitneytoken/bitney-play-the-game-save-the-world-get-paid-ea2cb8e35817

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Here is the allocation of ICO Budget

40% Partnerships with Bee Farm
30% Marketing
2% Game Rewards Bank
10% Contingency Fund
18% Game Developments & Operations

This will be superb game in the future, looking forward to it !

Thank you for your support, we will deliver :)

Your plans are clear and very transparent. We hope for the success of this promising coin and to be include as one of the succesful coins in cryptoworld

Hey guys we have a new medium article up.
Read about it here:

https://medium.com/@bitneytoken/bears-honey-goddesses-and-crypto-8b1cf359d95

And do follow us on all channels and medium for more updates! :)

All not sold tokens will be burned? I would like to understand the future prospects of the project. I really like it.

Yes, we have achieved soft cap via private sales.
All tokens unsold in the hard cap will be burned to preserve investor's value, that said with more raise we will be able to fast track our development cycle and be able to execute much faster.

If you need more information or would like to participate feel free to pm me or pm the admin in the official bitney telegram.

bump

Leaving this here.

The #Bitney team is expanding and if you think you've got what it takes to make our team even better, drop us an email now at jobs@bitney.io

#Opportunity roles:
#graphicdesigner #HR #webdesigner #marketing

Don't miss out! Talk to us. #jobhuntchat

I like the idea of your project.  Tell me, what will be spent on the funds that are collected at the pre-ICO? Project Tokens can be purchased only for btc and ETH or for fiat, too, is possible?

Hey! Sorry for the late reply, the team is hard at work building things out and preparing for the ICO.

Project tokens can be purchased with btc or eth, price to be pegged at time of purchase. We are now in pre-sales!

The funds will be spent on partnerships and investments into bee farms, game developments and marketing!

bump

Based on this information only btc or eth, but I do not see any problem in this if you have a fiat. You can buy a crypto currency on any exchange.
Do you plan to use KYC procedure at your ICO or it will be fully anonymised?

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Bitney (BTNY) is already rated by Cryptolaboratory. All facts are here (https://ico-analytics.global/content/bitney-btny). Don't miss it!

Bitney Concludes Private Sales with Overwhelmingly Positive Response, Moves Forward with Exchange Listing, Game Development and Bee Farms Expansion.
Twitter link to official statement - https://twitter.com/BitneyToken/status/1057881698279448576 (https://twitter.com/BitneyToken/status/1057881698279448576)

good news and very good developments. as long as there is still relevant information about updates about this project, it will have a positive effect on those participating in this project, good luck.

Our developers are going full throttle on blockchain integration of our game assets library!

For the full article, follow us on medium and stay tuned for more updates from us as we progress on this journey.
https://medium.com/@bitneytoken/beeznix-begins-game-assets-library-blockchain-integration-61bc394f9cf7

the concept of the Bitney project is quite unique, carrying bee plantations to be taken by honey, and being made this game is like making the game a reality, I hope that from the Bitney project it's not just this!

Thank you for your interest in our projects!

Our business model for sustainability of our currency is that we will channel revenue from our mobile games into our honey farms.
And as the number of our honey farms grows (due to us investing game revenue into more farm expansion), we will use the profits from the honey farm to buy back bitney, as well as channel profits from the farm as rewards for players in our game world.

If you have any concerns, questions, or feedback we will be happy to answer you as best as we can.

In the meanwhile, we are happy to be on the right track as more gaming giants are shifting their focus to mobile platforms.
The blockchain and game space is the right place for us to be!

For more games industry news, check out the link for the full article!
https://www.gamesindustry.biz/articles/2018-11-09-blizzard-acknowledges-the-mobile-reality (https://www.gamesindustry.biz/articles/2018-11-09-blizzard-acknowledges-the-mobile-reality)

As avid mobile gamers, we are well aware market potentials and dangers. One of the market pain points is the extreme monetization practices happening right now and we believe that the use of blockchain is the solution. To read more, click on our link!
https://medium.com/@bitneytoken/blockchain-games-gives-back-rewarding-players-through-game-play-d8aca233570f

The rise of mobile gaming has given birth to many great mobile titles. Newzoo reported that mobile games revenue reached $137.9 billion in 2018 which accounted for more than 50% of the global games market.
Read more at our link & stay tuned for the upcoming industry updates!
https://medium.com/@bitneytoken/mobile-gaming-the-device-boom-c3a41ec03b30

2018 has been a rough year for most established game developers.
As we come closer to our year end closing, here are some of the major highlights and happenings of 2018 from Gamasutra.

http://www.gamasutra.com/view/news/333038/5_trends_that_defined_the_game_industry_in_2018.php

Happy 2019 its the start of a new and exciting year! The video game and cryptocurrency market in 2019 is constantly evolving to get better and better.
Read more on our thoughts and insights on the video game industry at our blog https://medium.com/@bitneytoken/the-video-game-industry-in-2019-33d001a8f5f9 for more information & updates.

With the ever-growing mobile market segment, which games will claim the throne and reign supreme as the mobile gaming king of 2019? Check out our predictions on medium!

https://medium.com/@bitneytoken/the-billion-dollar-games-in-2019-5f89d8b80314

Gamers from the west and east are often divided in their gaming preferences.
What are your thoughts on it? Hear more info & insights on the game industry from us on our blog!

https://medium.com/@bitneytoken/western-videogames-china-851a92840025

The Bitney team gives a huge shout out to our new collaboration partner Ledgit Blockchain!
More great things are coming from the both of us so stay tuned for our official statement coming soon!

Bitney has a long term partnership with Bee Republic as an added measure to safeguard and back the value of Bitney’s in the cryptocurrency environment.
Read more about it in our Medium blog!

https://medium.com/@bitneytoken/bitney-bee-keeping-500d756f4597

For those that are still unfamiliar with Bitney, Here's a quick recap & update on our ever-expanding business model!

Read more articles on our Medium blog and follow us on Twitter!
#bitney #beeznix #cryptocurrency #blockchain #BTNY #blockchainfuture

https://medium.com/@bitneytoken/the-bitney-business-model-9fae596c8179