MEXC Global
Published in

MEXC Global

MEXC AMA Session with Mr. Gökhan Alkan from BitcoinBam

Guest : Mr. Gökhan Alkan, Founder of BitcoinBam

Host: Iris

Introduction:

Iris: Today, we’re honored to have Mr. Gökhan Alkan, Founder of BitcoinBam, here to give us a more intuitive introduction to their unique project.

Mr. Gökhan Alkan, would you like to say hello and tell us a little bit about yourself?

Mr. Gökhan Alkan: I’m the founder of a joint stock company with 45 years of experience in both crypto and alternative investments.

In addition, I had the chance to implement many projects supported by the European Union in my past life.

Cryptocurrency among alternative investments was an asset class that I always followed cause building any financial services from the ground up has been my strongest area.

I develop multiple solutions that allow anyone easily access DeFi products and try to teach investors how they can do these business better..

Questions about the project:

Q1

Iris: What is BitcoinBam? Can you share with us more in detail?

Mr. Gökhan Alkan: ok let me explain.

Bitcoin Bam so-call BTCBAM based on the UTXO model and adopts the consensus mechanism of Proof of Stake (PoS)…. and is a decentralized public blockchain ecosystem.

So it is a public blockchain in the world to make this innovation for investors and token developers.

Just need to explain UTXO model.

UTXO model, combines of Bitcoin with the EVM model of Ethereum which gives a chance to build a hybrid blockchain ecosystem.

BTCBAM is compatible with Ethereum smart contracts and Bitcoin gateways.

BTCBAM works in harmony with Ethereum Virtual Machine, all smart contracts running on Ethereum network can also run on BTCBAM chain.

Q2

Iris: What triggers you to launch BitcoinBam? What are some of the real-world problems/ pain points that BitcoinBam aims to solve?

Mr. Gökhan Alkan: Ok, at this point, we are touching on more than one point, I would like to explain in detail.

The Ethereum network is the most preferred network in the DeFi ecosystem.

However, due to the limited capacity of the blocks in the Ethereum network, it causes constant congestion. This causes transactions to be delayed in time.

In addition to wasting time for users due to the heavy use of the Ethereum network, alternatives are increasingly sought due to the high fee policy.

It has taken its place among these alternatives with the features of the BTCBAM chain.

So every tokenization project which will be use smart contract of our chain also has a chance to use low fees and more speed in the chain like NFT’s, Metaverse and tokenization projects.

Those who will have the chance to produce free NFT’s in the NFT Market Market will also be able to step into the new world with the Metaverse projects.

With all these features, BTCBAM wants to see those who want to create their own smart contract.

Iris: great! now let’s learn more about the BTCBAM token

Q3

Iris: What is the role of $BTCBAM in BitcoinBam? Would you tell us more about its tokenomics?

Mr. Gökhan Alkan: Sure

BTCBAM chain provides developers and users with open access to the decentralized economy.

Anyone can join the chain and benefit from its powerful tools.

In particular, smart contracts provide fair and transparent access to all operations of the network.

And also BTCBAM is a Proof-of-Stake (PoS) algortihm.

Users can earn rewards by staking their tokens. So each new staking made helps to secure the network.

PoS networks consume much less energy than Proof-of-Work networks due to their technical nature. So we also work for the nature..

Q4

Iris: Are there any exciting news or updates with regards to BitcoinBam that you would like to share with the users?

Mr. Gökhan Alkan: We continue to progress in parallel with our process map.

But i can give a Christmas gifts for investors.

It is very valuable for us to accompany sectoral developments.

That’s why we are proud to announce that our teams are working for the NFT Market Place and the Metaverse project which will be announced with the new year.

And also..

We will also start supporting entrepreneurs who want to implement their projects using our decentralized exchange and smart contracts in the new year.

We would like to thank all our existing investors who have supported our development.

Together with them, we have become a growing family and we will continue to add value to this sector with new investors who will join our family here today…

And finally new listings will be announced in a short time so everyone whose a part of our community love to hear..

Iris: lots of exciting stuff to come! looking forward to all of them 🔥

Q5

Iris: If you were to summarize your project in ONE word, what would it be? Why?

Mr. Gökhan Alkan: It’s really hard to describe a whole work in just one word :))

“Next Big Thing” cause..

The main goal of the project is to provide developers with access to Bitcoin security mixed with the programmability of Ethereum and ready to be the Next Big Thing with the power of NFT’s and Metaverse..

Iris: can’t wait to see this next big thing boom 💪

Free-asking Session

Q1. What is the benefit of the nft marketplace to the user?

Mr. Gökhan Alkan:

There are many good and bad examples of NFT’s. Product diversity is very important in the NFT market. We will be realizing a strong NFT project and we will support entrepreneurs to realize their different projects. The speed and low fees(zero fort he begining) of our network will be the biggest factor here. However, we welcome NFT project enthusiasts to our Telegram and Twitter groups with our entire team.

Q2. Metaverse is a very important market, but you have very strong competitors, how will you fight them?

Mr. Gökhan Alkan:

We are excited that the developments we have been following for a long time are now starting to materialize. The metaverse universe is endless, and there are many areas that can be improved. We do not see it as a competitor because, as the actors of this market, we try to develop and gain together.

Q3. Can you list the features that your project have and other similar projects don’t and Can you convince me to invest in your project as compared to others which are similar to yours?

Mr. Gökhan Alkan:

For the BTCBAM project, there will be a total of 7 projects in line with the decision we made when we set out the Project two years ago. It was very important to establish a blockchain and to make the first coin of this chain. Now we have a strong chain and community. All the remaining 6 projects will be carried out on the BTCBAM Chain.

Q4. How do you plan to spread awareness about your project in different countries where English is not good? Do you have local communities like Vietnam, Indonesia, Thailand, Korea,.. so they can better understand your project?

Mr. Gökhan Alkan:

With each passing day, you will start to see different steps depending on the growth of the community.

--

--

--

Founded in 2018, MEXC Global is a centralized exchange that employs a high-performance mega-transaction matching technology. The CEX platform is run by a team of professionals with extensive financial industries and blockchain technology experience.

Recommended from Medium

Best Crypto Launchpads 2022 — Detailed Review

Moonwell Safety Module

How to earn with crypto without any risk

BDI Rebalance #1

nfts are the next big

Crypto for dummies

The NFT market is growing FAST!

6 Bored Apes figures

Liquid Collectibles’ Team Priorities — May’s Update

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
MEXC Global

MEXC Global

Founded in 2018, MEXC Global is a centralized exchange that employs a high-performance mega-transaction matching technology. Visit us at https://www.mexc.com/

More from Medium

RARA MetaForest Mining Farm 2

GT-Protocol (GTP) to complete IDO on NFTb using the platform’s DeFi as a Service Offering

AMA RECAP: 420 DAO X BEARkING

X Metaverse Development Updates