[ANN][ICO] Bither Platform: 3-layer, MultiMining & Optimizing Energy Consumption

[bitherplatform]

             

   
   
     
     
   


                              

[bitherplatform]

Reserved For Future Announcements

[bitherplatform]

What is the most important advantage of your project compared to your competitors?

This question needs some explanations. Generally, the top-10 video introduces unique features of the network. In short, we can mention two disruptive changes in blockchain technology:
Number one is optimizing 85% of the power consumed by mining. Through an innovative method, only 15% of hashing power is dedicated to mining and securing the network and the remaining hashing power can be used by profitable projects through miners’ decisions.
Number two is delivering a three-layered network which supports smart contracts and also avoids network spams (fully explained on the whitepaper).

[bitherplatform]

I have a question:
I see some project without any marketiing good strategy. what is your market strategy

The project marketing team has prepared a variety of programs to make sure of adoption the Bither Platform in the blockchain space among the enthusiasts of this technology. Being familiar with the cryptocurrency space, and having a coherent team shows the potential of the Bither Platform marketing team.
Due to the high technical capabilities of the network, and to make the Bither Platform project known to the active members of the blockchain space, we have prepared many different programs which some of them are already in use and many more will be implemented in the future.
- An accurate plan to increase the strength of the marketing team's quantitative and qualitative wisdom (before and after the ICO).
- Observing the successful and unique projects to be used as a model.
- Detailed plans in order to have a consistent improvement in promotional programs.
- Implementing different referral programs through the project on the site and on the Faucet.
- Offering Bither Stock and Rental Processor tokens to potential investors to incentivize them for participating in the project.
- Using various advertising tools (videos, banners, advertising slogans, introduction articles, newsletters, etc.).
- Providing scenarios and scripts to make many promotional videos focusing on different aspects of the project.
- Trying to improve the quality of advertising tools to meet the highest standards.
- Prioritizing the tasks and sticking to them.
- An advance program to reach the highest standards for SEO after the ICO.
- Emphasizing on the use of innovative techniques by the marketing team.
- A systematic program for attracting various advertising and research partners.
- Improving the quality of the site implementation and advertising materials (banner, social media posts, etc.).
- Publishing the marketing plan (after the ICO).

https://medium.com/@BitherPlatform/what-is-the-strategy-of-bither-platform-marketing-team-in-order-to-increase-the-use-of-bither-ce4077dfb56c

[bitherplatform]

I have a question:
I see some project without any marketiing good strategy. what is your market strategy

You also can visit our community website and check out one of our marketing programs :

https://bitherplatform.world

[bitherplatform]

project seem cool 
What hurt your project?

Since all the funds are raised in form of Ethereum, if the price of ETH goes down the funds to support the project will decrease. So any proper risk management to this must be achieved.

The project will go on its roadmap, if commitments do not achieve on time, the inventors may be disappointed. The Bither team is fully aware of that and will try to do things best on schedule.

[bitherplatform]

please tell me about the potentials of the project

The Bither Platform team has not been in a hurry, rather it is almost two years that we are working on ideas, feasibly, technical issues, solutions and other aspects of the project.
According to its history in social networks, GitHub etc. the project has been started in 2017.  Different forks with practical studies have been tested which are the evidence for planned long term activities of Bither Platform team. The whitepaper has been discussed with top activists in cryptocurrency space and they found it useful. The result of technical documents and advertising materials shows that the Bither Platform team is very serious and are so familiar to the cryptocurrency space.
As expressed, Bither Platform is the result of two years of continuous efforts and all the prospects and relevant problems have been scrutinized several times. This factors can guarantee the success of the project after the launch.

[bitherplatform]

how much the company will be worth in the future?

The Bither Platform is not a company, it is a technology-based project. According to the disruptive changes that Bither will make in blockchain technology, it is easy to anticipate that its coins will become valuable. But there is no accepted formula for the project to decide the pricing.
All the coins for this network should rise in value in mid-term and especially in long-term because of the solutions and innovations they bring to this space.

[bitherplatform]

project seem cool 
What hurt your project?

Since all the funds are raised in form of Ethereum, if the price of ETH goes down the funds to support the project will decrease. So any proper risk management to this must be achieved.

The project will go on its roadmap, if commitments do not achieve on time, the inventors may be disappointed. The Bither team is fully aware of that and will try to do things best on schedule.

Is that the only risk? how about legal and regulatory risks, i dont get my answer about this

Regulatory against cryptocurrencies in different countries can affect Bither project like any other crypto project. Thus, we tried to register the company in a crypto friendly country by using legal consultants.
K&N LLC is a legal consultant for Bither project which is a famous legal company in Georgia and has an understanding of domestic and international laws in cryptocurrencies.
Anyway, cryptocurrencies and related projects are under supervision and as we have seen there are various regulations in different countries. For example, it is supported in Japan and it is banned in China‏.
Therefore, not only Bither project but also all projects have these risks. All the necessary actions were taken and all regulatory issues in Georgia and internarial laws are addressed properly. The Bither team and its consultants have taken these  issues seriously and tried to lower these risks as much as possible.

[bitherplatform]

when the tokens will be listed on exchanges to trade them?

According to the plans and coordination of the marketing team with several exchanges, immediately after the completion of the sale rounds (End of the second quarter of 2019), Bither token (BTR) will be listed on at least 5 exchanges.

The business development of Rental Procesor (BRP) and Bither Stock (BSK) will start in the second quarter of 2019 in accordance with the roadmap, and after specifying the details, the way that the project will progress, and the timing of listing on exchanges will be announced through official Social Media of the project.

[bitherplatform]

I looked at your site and the one page thing, but I couldn't understand how investors can profit from this platform, can you elaborate on that?

For the supporters who would like to invest in blockchain based projects, Bither Platform has all capabilities and primitive initiatives for the investors. Believing in innovative technology is always a good criterion for investing.
 
Besides that, the project supporters will be gifted by Bither Stock and Rental Processor tokens in addition to main tokens. This makes a good investment, so it is very rare that a clever investor sells these tokens. Therefore, it would be supplementarily profitability for investors.

[bitherplatform]

I looked at your site and the one page thing, but I couldn't understand how investors can profit from this platform, can you elaborate on that?

For the supporters who would like to invest in blockchain based projects, Bither Platform has all capabilities and primitive initiatives for the investors. Believing in innovative technology is always a good criterion for investing.
 
Besides that, the project supporters will be gifted by Bither Stock and Rental Processor tokens in addition to main tokens. This makes a good investment, so it is very rare that a clever investor sells these tokens. Therefore, it would be supplementarily profitability for investors.

The return of investment (ROI) in the cryptocurrency market depends on supply and demand capacity. It is the foundation of a healthy market, so the Bither team cannot say the exact value of ROI because they have nothing to do with market manipulation. As the main network will be launched soon that have many capabilities,  the Bither team members and the consultants of the project, and people who they are in contact with, are very optimistic about the value of the coins.

 One reason for that is the anticipation for the involvement of a large number of people, cryptocurrencies communities, and the high chance of mining by a lot of miners and even users (because of its multi-mining feature that is predicted to absorb mass hashing power to the network) for buying and selling the network coins.

It would be very likely that the team gives their predictions regarding the project to the investors! Therefore, the investors should evaluate their ROI and profits through the capability, performance and the ranking of Bither project in the future.
The team members are obligated to prepare all the required infrastructures of Bither Platform to become a successful project in every aspect.

[bitherplatform]

every day I see new projects announcing themselves as a unique network in which you can't find anything new, what makes your project different? 

Bither Platform network is an ideal place for scientific projects to rent the needed computing power for big data processing or for miners to lease their extra hashing power. As a matter of fact, the total hashing power of miners does not need to secure the network rather a fraction of it through the protocol is needed.  

The innovative method used in the Bither platform is as strong as other PoW-based networks. Therefore, Bither is a step further with PoW by optimizing the energy consumption for proof of work mechanism. By the way, Bither will not use the total energy for securing the network, so the extra computing power can be used by scientific and academic projects.

There are many discussions about the total energy used by the Bitcoin network; Is it as much as the energy used for printing, supply and transferring the bank notes or not? Some people do believe it by statistical calculations and some people do not. Of course, we have energy consumption concern in PoW-based systems but don’t want to get into it and say which parties are right (we are favoring PoW, though.);  Bither will help to optimize about 85 percent energy used for PoW.

Another important note in the PoW system is that it relies on miners' presence and work on the network, which makes them vital to PoW based systems, and they are around as long as the mining is economical. As we saw recently by falling the Bitcoin price and with high network difficulty, many miners especially households, turned off their equipment because of unprofitable mining. This would lead only a few miners to go through industrial scale with cheap energy and this will not bring a comprehensive decentralization to PoW systems.

Bither Platform has come out with a solution so it concedes the miners to be able to lease their extra hashing power even in bear markets through the third network (Rental Processor) without any problem to take their equipment on and operational. This feature will keep miners in the network and creates a new source of income for them.

[Alexjustin222]

Where is the location of companies who supports Bither and when did they registered?

[bitherplatform]

Where is the location of companies who supports Bither and when did they registered?

Bither Foundation LLC is registered in Georgia (CRN: 406207974; Date: 18th April 2017). The company’s headquarters are located at Tbilisi, Georgia.

Georgia has been proven as a crypto friendly country and a blockchain advocate. Furthermore, Georgia is a leading country for the mining of cryptocurrencies. According to the majority of Bither Platform coins which are mineable, this would be a great situation for attracting miners and increasing the network hash rate.

The Bither Platform's main goal is to provide a new blockchain technology in order to solve the current technology issues and challenges. The main team of the Bither has been working full time for two years on operating protocols of this network.

[bitherplatform]

How big is the market opportunity?

Currently, the excitement of projects and ICOs (that have been grown like mushrooms) are subsided and it is a good opportunity for more applicable projects to be emerged, be seen and be evaluated precisely.

 Bither is a platform to develop the technology and not for only developing the applications of industries.

Therefore, Bither Platform will take blockchain technology one step forward besides to answer to large scale computing power needed by projects. Furthermore, Bither is a comprehensive platform to provide all necessary solutions for a company like a holding to get all its requirements only from this network.


Bither is a good opportunity to absorb miners into a network to trust for their incomes. Consequently, Bither is seen as a big chance by miners, projects and original cryptocurrency communities.

[Uikjuysd]

             

   
   
     
     
   


                              

Why it is simultaneously being pre-sale for three coins?

[bitherplatform]

             

   
   
     
     
   


                              

Why it is simultaneously being pre-sale for three coins?

Due to the undeniable role of first participants regarding the development of the Bither network (which paves the way for the network to grow), and to thank them, a quarter of Bither Stock and Rental Processor tokens will be distributed between them.

[bitherplatform]

What is the estimated project profitability time?

Bither Platform is not a practical product to be profitable. It is a technology and an upgrade to blockchain technology. On the other hand, the community and decentralizing is the matter and is very important. Bither Platform will not sell a commercial product in the future for its ROI and profitability of the project.

 Some projects run through a company in this atmosphere and their goals are profits for their products or services in a specific time. Though, the base projects like Bither Platform must not be compared with those projects.

Anyway, it might be considered that Bither Platform has many capabilities and capacities for growing up in the market. Bither delivers good solutions for present blockchains' issues. Thus, the miners and investors who have chosen the Bither Platform do not see the short-term profits and by considering the capacities of the network they see long-term aspects.

 A major percentage of the funds in the first year which is raised by the project enthusiasts will be used for software developments and also for introducing its features more. The rest will be used for training, summits, meetups, and conferences around the world in a five-year plan to make an active and expert community around this project.

[bitherplatform]

I really liked bither platform.Best of luck.

Thank you for your interest in the project and welcome to the community.
The team members are obligated to prepare all the required infrastructures of Bither Platform to become worthwhile and to get its real place.