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I'm giving away $5,000 over the next 5 days on @NewBitcoinCity.
- Best Features in SocialFi
- Free to Join + Follow Public Feed
- Giveaways - ~$10k Daily
- FriendTech Keys Give Access to NBC Circles
- Built on BTC L2 (Bridge from ETH)
Join: newbitcoincity.com?referral=hx09
Dive In! π§΅
Let's skip the technicals for now and get into what makes @NewBitcoinCity different.
FriendTech & Stars Arena integration is impressive. FriendTech Keys you own give you access to NBC private chats, so no need to rebuy.
They also have built-in bridges from both platforms...
NBC is an insanely feature-rich platform.
It allows you to interact in ways FT and SA don't, some standout features within the private chats include:
- Red Packets (Share Gifting/Giveaways)
- Jam (Voice Chats)
- Play (Games & Tournaments)
Want the meta? π
Red Packets -
These are game-changers!
How they work:
1. Select private chat or public feed giveaway
2. Pick value of the prize
3. Packet is posted
4. First User to "Snatch" wins prize
Simple right?
Here is where it gets interesting.
The prize isn't paid in USD or BTC, it's paid out in the keys of a user who owns your key.
This creates a meta. If you own the key of someone who does giveaways, your key will be purchased. It creates buy/sell volume, which generates fees.
Keys pay for themselves over time due to the volume giveaways generate, they are income-producing assets! π
It means accounts large accounts compete to do giveaways because it makes their keys more valuable.
FriendTech has 3,3... NBC has Red Packets
x.com/Anonymoux2311/status/1715153204038472151?s=20
These Red Packets create organic volume across NBC, which is huge for creators who earn trading fees.
NBC you set your own fees from 0-8%, having 8% fees and owning accounts that do giveaways is a cheat code. Earn 8% on the buy (giveaway) and 8% on the sell from the winner...
Customizable Bonding Curves -
One overlooked feature is you can customize your own bonding curve by choosing the # of keys needed to unlock your private chat.
If you choose, a fractional key will give an entry (.1-.5 key) to your chat which allows more users.
Big Accounts will adjust their entry price to chats as a way to create volume.
Example: Running a promotion for a week so anyone with .1 key gets access and can sample your chat.
People will enter for giveaways alone and then be forced to sell in 7 days or buy .9 keys more.
FriendTech Arbitrage -
This is straight Alpha.
FriendTech Keys give access to NBC chats, some NBC accounts are now priced higher on NBC than FriendTech... this is an opportunity.
@punk3700 (Dev) is $320 on FriendTech and $2,000 on New Bitcoin City. The FT keys give NBC access.
The plan is for @NewBitcoinCity to become an aggregator and bridge between all the SocialFi platforms, starting with @friendtech and @starsarenacom.
I'd actually expect that as NBC grows, it will help create volume for FriendTech and pull up prices of certain people's keys...
My biggest complaint has been engagement, yesterday they updated their public feed and now engagement has exploded.
I can't stress this enough, you don't need capital to participate. If you join, post content, build a following, and look for giveaways it will happen naturally.
Similar to Twitter, you can follow accounts and get all their public feed content for free.
My alpha for you is to follow everyone on this list, they are the ones doing the giveaways. Some of these are public and some are private chat giveaways.
Look at the amounts... π
Today they launched "The Lucky Wheel"
The min. giveaway is ~$150 and they happen on the public feed, I've seen 15+ of these happen today meaning $1,000s have been given away.
You don't need to buy keys to win on these wheel spins and it's free to join:
newbitcoincity.com?referral=hx09
Placeholders -
These allow you to purchase the keys of people who aren't yet on the platform. It prevents bots from buying up all the keys of people who join.
These accounts are generating fees on volume, they will be forced to join eventually to claim their BTC. Feature? π
The keys on NBC are actually ERC-20 tokens.
This means that users could burn any tokens that they self-buy, give them away, or even possibly stake them for a revenue share %.
There are tons of possibilities and the team already has some ideas.
x.com/jerymander/status/1714117644637405341?s=20
Airdrop -
Their airdrop system is updated daily and encourages using all the features of the app including giveaways, key buying, activity, etc.
They also got creative with bonuses to make it competitive...
Top 10 - 2.5x Points
11-25 - 2x Points
25-50 - 1.5x Points
Currently, @NewBitcoinCity is the second largest SocialFi platform behind FriendTech.
The TVL has been skyrocketing and I'm expecting it to explode this coming week due to their audit being completed and the massive public feed update.
IMO this entire platform will send because they figured out ways to create organic volumes.
The creators and big wallets end up earning way more in trading fees but small accounts all benefit through the nonstop giveaways.
Feedback cycle for everyone involved... revolutions β»οΈ
If you can picture a future where NBC aggregates all of SocialFi.
Imagine finally being able to read your FT, SA, and NBC chats all in one place. π₯
It would also allow you to buy/sell/sweep/market order/limit order across all the different chains/apps from a single platform.
The fees being generated by the platform are currently building a Community Treasury which will be controlled by a DAO.
This is a much less extractive model than 5% of volume going directly to the team, the fees on NBC are also only 2% currently.
New Bitcoin City is built on Trustless Computer which is a Bitcoin L2 that brings dApps to BTC.
While using the app, it's smooth and transactions are much bigger than expected being on BTC.
Bridges are available from ETH, AVAX, and others.
TC Overview:
x.com/atgoodm/status/1659357804560281601?s=20
If you'd like to look through the completed audit results, @peckshield posted their findings yesterday.
One thing that sticks out from my experience so far is how fast @punk3700 and the team ship, it's actually insane.
This. Team. Ships. π³οΈ
x.com/NewBitcoinCity/status/1715306020870963686?s=20
Hopefully, this thread was helpful, if so I'd appreciate it if you used my NBC invite link:
newbitcoincity.com?referral=hx09
If you've already joined, you can still enter my code!
- Go to your profile
- Click the 3 dots in the top right
- Select "enter invite code"
- Use my code - hx09
Disclaimer -
This thread is not financial advice and will be used mainly for my own records and overview.
Currently, I have a roughly ~2 BTC portfolio on BTC and will decide to allocate more/less based on performance.
Join/Tail at your own risk, it's a new platform & L2!