Summary of the Q&A session with community members about "New Bitcoin City" on Discord
3700 from the member of New Bitcoin City replied various questions from other community members.
🟦 Q. Where can I get details on TC's supply and market data?
🟥 A. We released 100M TC when the network started. We don't have tokenomics set. We've sold TC at a fixed rate of 0.0069 ETH for users to access our network and dapps like Alpha, DEX, and for contract deployment.
Here is the contract.
explorer.trustless.computer/accounts
🟦 Q. This is the bridge but how can someone swap TC back to eth or btc?
🟥 A. that's the New Bitcoin DEX
newbitcoindex.com/
🟦 Q. Why do you label it as "fully decentralized and permissionless" in your announcement? This seems like misleading marketing. You're selling OTC coins without backing.
🟥 A. I need to discuss this with our marketing team. They might be referring to the tech as "decentralized" social media. We began with decentralized issuing, buying, and selling keys. Next week, we'll launch "decentralized messaging", meaning encrypted messages stored on-chain that only key holders can access.
🟦 Q. What makes your product more appealing than FT? Can you provide a quick pitch?
🟥 A. Honestly, I’m not sure. I casually tweeted about creating a Bitcoin version of friendtech and got positive feedback. We’ve developed an MVP in just 48 hours. I haven’t formulated an “elevator pitch” yet.