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01:01 What is BitHotel? It is a Web3 based Metaverse which allows people to interact and play mini games together
01:50 Bithotel has been released over a year ago and has had around 100,000 users
02:10 Bithotel works both with Google Login and crypto wallets like MetaMask, as they are trying to attract non-crypto users as well as crypto users
03:30 How do BitHotel (BTH) tokens work in the game?
04:05 Which blockchains does Bithotel work on? Binance Smart chain, Moonbean and others soon
04:40 Is BitHotel decentralized? No, BitHotel runs on centralized servers and databases, and uses crypto for NFTs and in game items. Also, running everything on chain would be too slow, and a terrible user experience since the user would have to keep signing transactions in MetaMask
06:30 How is BitHotel different from crypto games such as Axie Infinity? BitHotel is 2D, and users don’t just earn tokens, they also have to stake their own tokens in order to play games
07:50 Are people playing BitHotel just to earn crypto/money? Answer, the token is an extra, and not integral to playing BitHotel. BitHotel is about playing fun games
09:05 Will BitHotel have user generated content like Roblox? Yes, but it will be via an API, not via a 3D game designer like Roblox has
11:45 What did Kareem do before crypto? He was a psychologist and did some trading
12:15 How large is the team at BitHotel? Around 30 people, mostly developers, based in Amsterdam, Netherlands. They are funded with USD 4 million from a token sale in December 2021
13:45 How does BitHotel acquire users? They run TokTok, Youtube, Meta ads, but the best advertising is using a Web2 influencer who has 8 million followers 15:06 What mistakes have most gaming companies made so far in the Web3 space? Companies raised too much cash. Also “Play to Earn” should have been “Play for Fun”
17:25 What does Kareem think of Alex Becker? Even though Kareem doesn't follow Alex anymore, Kareem thinks that Alex probably knows his stuff in the crypto gaming space
18:30 What does the next 3-5 years hold for crypto and gaming? Web3 Games quality should go up and the market should grow a lot, partly because of the increase in regulation
19:30 How is crypto regulation in Netherlands? It is ok, but not as far advanced as regulation in Dubai or Singapore
20:25 Where can people find BitHotel? bithotel.io
By Zubair Quraishi01:01 What is BitHotel? It is a Web3 based Metaverse which allows people to interact and play mini games together
01:50 Bithotel has been released over a year ago and has had around 100,000 users
02:10 Bithotel works both with Google Login and crypto wallets like MetaMask, as they are trying to attract non-crypto users as well as crypto users
03:30 How do BitHotel (BTH) tokens work in the game?
04:05 Which blockchains does Bithotel work on? Binance Smart chain, Moonbean and others soon
04:40 Is BitHotel decentralized? No, BitHotel runs on centralized servers and databases, and uses crypto for NFTs and in game items. Also, running everything on chain would be too slow, and a terrible user experience since the user would have to keep signing transactions in MetaMask
06:30 How is BitHotel different from crypto games such as Axie Infinity? BitHotel is 2D, and users don’t just earn tokens, they also have to stake their own tokens in order to play games
07:50 Are people playing BitHotel just to earn crypto/money? Answer, the token is an extra, and not integral to playing BitHotel. BitHotel is about playing fun games
09:05 Will BitHotel have user generated content like Roblox? Yes, but it will be via an API, not via a 3D game designer like Roblox has
11:45 What did Kareem do before crypto? He was a psychologist and did some trading
12:15 How large is the team at BitHotel? Around 30 people, mostly developers, based in Amsterdam, Netherlands. They are funded with USD 4 million from a token sale in December 2021
13:45 How does BitHotel acquire users? They run TokTok, Youtube, Meta ads, but the best advertising is using a Web2 influencer who has 8 million followers 15:06 What mistakes have most gaming companies made so far in the Web3 space? Companies raised too much cash. Also “Play to Earn” should have been “Play for Fun”
17:25 What does Kareem think of Alex Becker? Even though Kareem doesn't follow Alex anymore, Kareem thinks that Alex probably knows his stuff in the crypto gaming space
18:30 What does the next 3-5 years hold for crypto and gaming? Web3 Games quality should go up and the market should grow a lot, partly because of the increase in regulation
19:30 How is crypto regulation in Netherlands? It is ok, but not as far advanced as regulation in Dubai or Singapore
20:25 Where can people find BitHotel? bithotel.io