❤🔥BitBook Road Map — Let it BURN September 2021 1st Revenue Buy Back & Burn is Coming! Are you Ready? ❤🔥
It has been a wild 120 days leading up to this point, and the first-ever revenue buyback and burn is rapidly approaching a full 3 months early! We really can’t thank you enough for your support and dedication to the BitBook travel platform. Today, we will look at the planned road, the road we took, and what lies on the road ahead.
In the original roadmap, the first revenue would have been generated in December of 2021, and the buyback and burn program would coincide with this. Inflation is scheduled to begin in Q4, and that is when BitBook initially anticipated having inventory ready for the booking engine. However, that is not quite how things worked out. We will look at how we got so far ahead of schedule and how to capitalize on this opportunity.
To fully understand the pace BitBook has maintained and all we have accomplished, we need to revisit the beginning and look at each Quarter and what milestones were reached.
BitBook Quarter One 2021
First-quarter 2021 is pretty straightforward. The BitBook travel platform, as we know it today, was fully brought to light, and the framework was built out for the 20-year business plan. The Core Team was formed, and the most vital developers for the team were selected. The BitBook website development began to prepare for the upcoming fundraising rounds in Q2.
BitBook Quarter Two 2021
Right away, you will notice this section is titled Quarter two, but the roadmap items for Quarter three are also present. That’s because, by July 1, 2021, the entire roadmap to date had been completed. So let’s take a look at what happened to get so far ahead and how BitBook managed to have a BitBooker already boarding a flight for their maiden voyage on July 1, 2021, instead of December this year.
The following is a compressed version of all the Q2 & Q3 activities that took place during the 2nd quarter:
May 2021 was the first indication that BitBook was really onto something huge.
May, was when BitBook launched to the public. The private sale sold out early, and the community demanded a whitelist allocation before the IEO & ILO, and all of those sold out early. Nevertheless, the BitBook community formed a solid foundation, and the project was launched.
BitBook Private Sale Sells Out in 4 Days
In mid-May, BitBook held the private sale first. The BitBook Private Sale sold out with only 39 participants and raised $607,000 in just 4 days. The anticipated sale length was 7 days. This was the first indicator that people were excited about this project. Once the initial Private Sale was concluded, the BitBook team began growing the Telegram community and advertising the upcoming IEO on Probit and the ILO on Unicrypt.
BitBook Opens Whitelist for Community Due to Popular Demand
The success of the private sale was published on May 14, and the Telegram community began to multiply. The week following, the BitBook community immediately began asking for a whitelist allocation. We were adamant the first few days that everyone would have to wait until the IEO/ILO, but the community was relentless. Finally, on Saturday, May 22, the BitBook whitelist allocation was opened by popular demand. Before the IEO or ILO were allowed to begin, the BitBook community gobbled up 40,000,000 BBT in anticipation of the coming sales.
BitBook IEO & ILO Sold Out in Record Time
By the time the IEO on Probit opened, BitBook was already gaining steam, and by the second day, was sold out completely. The IEO was originally to be held over 4 days and all unsold tokens were to be burned. There were no unsold tokens. This left two more days for the Unicrypt ILO and the last of the BBT allocation. The Unicrypt ILO sold the last of the BBT allocation, and on June 4, BBT was trading live on both ProBit and PancakeSwapV2.
BitBook Community Requests Staking Product Added June 2021
Before BitBook held the IEO, the community was already asking about staking. After the launch’s extreme success, the Core team met and discussed the possibilities of staking for the BitBook community. It was not in the original road map, but the community had made it very clear that they wanted to stake BBT and that they wanted it ASAP. In June, the short-term and long-term plans for staking were drafted, and staking was promised to the BitBook community.
BitBook Listings & Partnerships to Buy BBT June 2021
Just one week after BBT began trading on ProBit and PancakeSwapV2 BitMart listed BitBook’s token. Initially, BitBook was not even going to attempt exchange listings until the end of Q3, which we still have not reached. To date, BitBook has 2 CEX listings, 1 DEX listing with locked liquidity, 1 DEX that offers margin trading for qualifying BSC projects, and users who prefer the tools provided by CEX but want to trade using PCSv2 can use the Flooz.Trade app.
BitBook Partners with Priceline Partnership Network & Launches Alpha Platform For Public Testing
The partnership with Priceline Partnership Network was secured during June, and the first batch of inventory was loaded into the alpha booking engine. Booking rewards were NOT scheduled to begin until December 2021, when inflation begins. However, Nick & Perry, the founders, decided that they would kick start the rewards program to get the ball rolling early and take advantage of the momentum BitBook had. The booking engine was launched on June 24, and the moment it was launched, the first BitBooker booked a flight to Istanbul to see his father straight away. BitBooks first passenger boarded a flight on July 1, the first day of the 3rd Quarter, which generated the first revenue that will be burned this September.
Since that maiden flight, more bookings have been made on the system for hotels, flights, and car rentals. Even with covid restrictions and almost no international travel, our BitBookFam has been going on staycations or traveling for business. Some have used BitBook as an excuse to get away, even if it’s a neighboring town, and many of you have said you have never done a staycation before and that it was a nice break from the doldrums of lockdown.
BitBook Quarter Three 2021
Now, we just covered up to Q3, and there is a blank spot for Q4. A popular question has been, what’s planned for Q4. Well, originally, this was to be dedicated to building, building, and more building. This will still be the case as we introduce new products one by one starting with
Book & Earn, which is live now
Invite & Earn is currently being developed and will be released when the new website goes live soon.
But, what was accomplished during the 3rd Quarter? What happened in the meantime? An impromptu booking rewards product was assembled to reward BitBookers starting with the first flight in July; the YouTube channel was started, all the socials were set up. The procedure for finding bugs and feedback was established, and the staking was launched and now the end of the 3td quarter is fast approaching as is the first BBT BURN 🔥🔥🔥
July & August Bookings with BitBook 2021
July was spent doing marketing tests, setting up a solid social media presence, and community building. In addition, BBT was listed on numerous charting tools and portfolio tracking sites so that you can add BBT to your favorite tracking apps. As a result, bookings in August were triple that of July, and we are coming up on the first revenue burn this September for the revenue generated since the first flight was taken from July 1 to August 31, 2021.
Everyone who completed their travel during July and August will share in a pool of BBT that will be the first rewards pool paid out. Nick and Perry are paying this out of pocket to kick start the rewards program due to begin in December. After landing the Priceline partnership, the only thing to do was begin early. Then, alpha testing would be conducted publicly, and BitBookers could start using the new booking engine.
The feedback through the use of a live platform has sped up the development process. Having live feedback coming in from travelers using the medium worldwide has been invaluable in the development process. In addition, the BitBook community is heavily involved with the development as they give continual requests for features, improvements, and you have identified bugs in the platform that have been easily fixed early and often.
Present Mid September 2021
We have already implemented the Book & Earn the first product that pays BBT rewards for using the platform.
We are now working on Invite & Earn, our program that rewards influencers for referring traffic to the BitBook platform. Once the Invite & Earn platform is tested and working, we will begin onboarding influencers.
Networking and negotiations have already begun, the press kit is underway for the materials that will be needed to refer customers, and we have an internal grassroots marketing group made up of active community members that brainstorm different marketing methods.
BitBook Quarter 4 2021 — Begin Generating Revenue with BitBook Invite & Earn
Version 2 with the content creation platform and Review & Earn may launch as early as Q4 this year. This will enable anyone to begin earning passive income by investing time rather than money into the platform.
The first opportunity to earn BBT without making any purchase at all will be when the Invite & Earn feature launches. This will launch soon, as it’s our next priority.
This will enable you to refer users to the platform with a simple referral link. Once they sign up for an account with BitBook they become your referral for 20 years. Every time they book in the future you will earn the referral commission.
Then in V2, we will add content creation. The creator’s platform is where you can upload content directly to our forum, the more detailed, the better about areas you know. Then, when people sign up because your content is incredible, they will again be your customer for life.
We will provide guidance and marketing materials for the Invite & Earn, and we will also provide guidelines for the content creation.
Once you begin earning BBT, you can put the token to work by earning passive income from staking or trade the token on the open market. There are many ways you can start from scratch with us, with no initial investment or prior experience.
Please do subscribe to our /news channels to stay up to date on when each product launches, and subscribe to have the guides sent directly to your inbox.
What kind of marketing plans do you have after the product is ready and running? Are you going to target consumers or new investors? And how?
Week of September 13 BitBook is working on a landing page to support paid marketing efforts targeting crypto investors to grow the user base. The BitBook foundation investors are as solid as they come, and this is indicated by having 30% of the BBT total supply locked in the staking contract. Now that we have a solid foundation, it’s time to expand. First, the landing page will undergo testing, and when our first target conversion threshold is reached, the budget will be increased slowly to maximize the effectiveness of the paid ads campaigns for new investors.
In addition to this, the Invite & Earn product will act as a marketing arm for BitBook. The press kit and materials will be designed to help BitBookers communicate the different products and the advantages of booking with BitBook. In addition, dedicated support channels will be set up to help our affiliate marketers with full guidelines to assist.
BitBook is built as an opportunity for investors to participate in the community and create multiple streams of active and passive income while lowering commissions for hotels globally. The BitBook community is well aware of the gem they have stumbled upon. There were no VCs, airdrops, or free tokens given away to grow the community. BitBook simply presented all the different value propositions in a clear, concise way. The BitBook community has evolved to be one of the most supportive places to be in crypto today.
BitBook is the beginning of a legacy, this is our first 120 days, and we have so much more to go!