WHITEPAPER

INTRODUCTION

Launched in November 2021, BitFall is decentralised and on a mission to bring crypto to the average person while also helping struggling communities along the way.

BitFall is Hyper-deflationary with static reflection based on variable tax that rewards holders, so more BitFall tokens are automatically added to your wallet each transaction.

We believe BitFall will become the most valued cryptocurrency in the world, giving people a second chance at bitcoin.

So Why BitFall?

The world is starting to see the impacts of COViD 19 and the economic destruction it has left behind. Communities have been left with very little, businesses have been closed and struggling worldwide. That’s where BitFall comes in.

BitFall is by the people for the people, we believe in giving back and changing lives. As well as giving people the opportunity to invest in a great token with great static rewards, BitFall has a dedicated Charity wallet that receives rewards like any other wallet. Every month the excess rewards from this wallet are sent to a charity of the community’s choice.

We believe BitFall will become the most valued cryptocurrency in the world, giving people a second chance at bitcoin. We are better, faster and cheaper.

TABLE OF CONTENTS

  1. BitFall Future Products
  2. Marketing
  3. Roadmap
  4. Tokenomics of BitFall token (BTL)
  5. Token & Funds allocation
  6. About BitFall
  7. Disclaimer and Risks

FUTURE BITFALL PRODUCTS

BitFall Wallet

BitFall Wallet is designed for daily use to send, receive or swap cryptocurrencies.

BitFall Pay

BitFall Pay is an easy way to pay for goods using your BitFall Pay Debit card.

BitFall Meme Coin Swap (MCS)

BitFall Meme Coin Swap is an easy to use swap tool to swap meme coins. Showing accurate fees for your transactions. Gone are the days of not knowing how much you will receive.

BitFall NFT marketplace

BitFall will be launching an NFT launchpad with initially 195 World NFTs that will be created and voted for by the community. Community members who win will enjoy an 80% creators fee, 18% will be donated to the charity wallet and 2% will go towards the Dev Wallet.

BitFall Mobile Apps

BitFall mobile apps for iOS and Android will provide an easy to use platform for buying, selling, swapping and storing your crypto securely.

BitFall Exchange

Full Crypto Exchange with a dedicated meme coin launchpad.

MARKETING

Our Marketing strategies include but are not limited to the following:

  • Email Marketing
  • Building Partnerships
  • Social Media (Twitter, Instagram, Reddit)
  • Press Release
  • PR and Media Coverage
  • Influencer Marketing
  • SEO
  • Telegram

ROADMAP

Phase 01

  • Website Launch
  • 1,000 Holders
  • List on Coin Sniper
  • List on Coin Mooner
  • 1,000 Telegram Members
  • 1,000 Twitter Followers

Phase 02

  • Influencer marketing push
  • List on CoinGecko
  • List on CoinMarketCap
  • 10,000 Telegram Members
  • 10,000 holders
  • 10,000 Twitter Followers
  • Third-party audit

Phase 03

  • BitFall Pay
  • Exchange Listings
  • 50,000 holders
  • 50,000 Telegram Members
  • Rare NFT Collection
  • 50,000 Twitter Followers
  • Large influencer marketing

Phase 04

  • 125,000 holders
  • 125,000 Telegram Members
  • 125,000 Twitter Followers
  • Bar-Stool Sports Partnership
  • Unload heavy marketing
  • BitFall Meme Coin Swaps (MCS)
  • BitFall Wallet

Phase 05

  • 250,000 Holders
  • 250,000 Telegram Members
  • Release NFT marketplace
  • Tesla Giveaway
  • Cleaner energy competition
  • $125k Donation to charity
  • Event Hosted for Team for Community
  • Vip prize give away

Phase 06

  • BitFall Mobile Apps
  • BitFall Exchange
  • RoadMap will be Extended in Stage 04

TOKENOMICS OF THE BITFALL TOKEN(BTL)

BitFall has a total supply of 21 Million tokens, just like Bitcoin, However, it is a token that both DEFLATES and REWARDS its token holders meaning the longer BitFall is in existence the scarcer the token becomes and the longer you hold BitFall the more rewards you receive.

Every transaction charges 10%, 5% gets redistributed to its holders. 5% goes towards an Auto generating Liquidity Pool.

On day one, 18% of the BitFalls Circulating Supply was burned leaving only 17.2 million BitFall tokens. That means when rewards are redistributed a portion of the rewards is sent to the burn wallet. This burn rate will start at 1% and increase over time as the burn wallet gets a higher percentage of the supply. When the burn rate exceeds the rewards rate, burns will be intermittently paused to balance out rewards.

There will also be a dedicated charity wallet that maintains 2% of the supply and every month the excess reward tokens are sent to a charity of the communities’ choice. This wallet is initially funded by the founders of BitFall as our promise of giving back.

A dev wallet contains 2% of the supply, bought during the presale which will be used to develop future BitFall products. The team did not receive any tokens for free.

FUNDS AND TOKEN ALLOCATION.

BitFall has a Dev wallet that contains 2% of the supply initially funded by its founders.

A charity wallet also contains 2% of supply and it too has been funded by its founders.

During the Presale HARD CAP was reached and the BNB funds were split. 75% to Pancakeswap liquidity and 23% for development (2% fee paid to Presale hosting Site).

About BitFall

BitFall was founded on the concept of second chances. We believe in giving back wherever we can and developing services that make it easier for people to use crypto.

BitFall is aspiring to become the world’s most valued cryptocurrency.

Disclaimer and Risks

BitFall, including but not limited to the overall project, token, website, smart contracts and any apps (“BitFall ‘’) as presented in this conceptual paper is not a licensed, unlicensed or exempted financial or payment service of any kind and in any jurisdiction. Any terminology used in this Whitepaper, on the Website or within the app is intended only as a basic reference, without any elective or legal meaning of the same terms in a regulated and/or financial environment. BitFall is a decentralised and community-driven project and does not have owners, shareholders, promoters, marketers, managers, directors or other figures or entities exerting any form of governance. The BitFall smart contracts are open-source, security audited, permanent and non-modifiable in any way. The BitFall token is strictly a utility token in all jurisdictions and is not and cannot be considered to be a “security” or otherwise regulated token of any kind. BitFall is not in any way e-money and/or fiat money, or an asset-backed stablecoin, whether global or limited in scope. This Whitepaper taken by itself is not a contract or a contractual agreement of any kind, nor is it an invitation, solicitation or other to invest in BitFall or acquire or use BitFall tokens in any way and with any expectation of profit therefrom. Any user of BitFall represents and warrants that such user has received appropriate technical, administrative, regulatory and legal advice before and after accessing and/or reading this Whitepaper or the Website, and/or using any portion or element of BitFall (including the BitFall token). The user hereby acknowledges and accepts that there is an inherently high risk in accessing, acquiring or using any kind of blockchain and/or cryptosystem, token, platform, software or interface, including BitFall, and further disavows any claim of any kind against any community member directly or indirectly involved with BitFall, for any damage suffered, including total loss. BitFall makes a credit card interface available on its website solely for the users’ convenience. The Company is not a payment processor of any kind and has no control over credit card processing. Use at your own risk.

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