Bit Hotel — Q1 2022 Recap

Bit Hotel
4 min readApr 18, 2022

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Wow, what a quarter! The last three months have been quite intense at Bit Hotel. Let’s go through the highlights together, shall we.

  • Bit Hotel building and floor plan live on website!
  • Multi-platform IROs
  • First CEX listing
  • Staking dashboard launch
  • Marketplace launch
  • Season 2 characters reveal

1. Bit Hotel building and floor plan live on website.

Our glorious hotel went live on our website. This dashboard allows you to visualise the hotel in its entirety and serves as the main platform on which future Bit Hotel guests can purchase a piece of land in the coolest metaverse out there!

2. Multi-platform IROs

Since opening its doors, Bit Hotel had several IROs ( Initial Room Offering) on multiple platforms such as Babylon, Ferrum Network, Binance NFT, Lunapad, Gamestation and Spores! Each platform had a whole floor available for sale (some platforms even more!) to share with its community, bringing many new guests into our hotel.

3. First CEX listing

In February, our token $BTH was listed on MEXC. Generating millions of trading volume in $BTH, and exposing the token to brand new investors. As we know, 85% of cryptocurrency trading takes place on centralised exchanges. We will continue to pursue more CEX listings, to bringing us closer to our ultimate goal: Mass Adoption! More CEX announcements soon…

4. Staking Live

We first released our collaborative staking farm on NFTrade in early January. We were able to lock almost 5 million in $BTH!!! Our fellow community were rewarded with early access to our Initial Room Offering, a rare Landsale badge, and amazing paintings that you can hang in your room!

Lady McBitmain Painting

In February, We have released our innovative NFT boosted staking protocol! This allowed room owners to boost their APY, by staking their tokens while having their room in the same wallet. This was designed to showcase the utility of the different rarities, and give a taste of what is to come when our beta launches. You can check it out on staking.bithotel.io.

5. Marketplace

The much anticipated marketplace went live last month. This is how we continued to add utility to $BTH, our marketplace runs strictly on our own NFTs, and $BTH. Users can sell their NFTs for $BTH, while contributing to the ecosystem by burning $BTH. Yes!! You understood that correctly, a proportion of the tax on the marketplace gets BURNED! The marketplace was one of our core deliverables, and we are proud to have executed it successfully. The next step is to integrate our marketplace into the Bit Hotel Metaverse!

6. Season 2 characters

Some of the new season’s characters.

Recently, we revealed our 2nd season of NFT characters which will be soon for sale on our website. Characters will not only give bragging rights around the hotel, but also special perks and definitely individuality to each user. The main utility of a character being the play-2–earn bonus it gives in-game! You’ll earn more based on rarity, with up to almost double earnings for Epic!

🔥Up Next for Q2

Roadmap Q2

This coming quarter will be hosting the biggest milestones to date! Listing on a Tier 1 exchange, Game release, massive partnerships and much more. Do not wait around and participate in the Bit Hotel eco-system today to not miss out on any exciting events and updates!

Join more than 300,000 (!) other Hotel Guests who have joined our community channels:

  • Open a MEXC account using this link and trade $BTH with lower commissions!
  • Join our Discord channel to find out more about what we are up to!
  • Follow our Twitter for spicy leaks and memes!
  • Get updated on new community contests on our Telegram!

The Bit Hotel is looking forward to welcoming you!

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Bit Hotel

Upcoming social NFT cross-platform game powered by Play-2-Earn tech! Check out the beta here: https://bithotel.io Twitter: twitter.com/playbithotel