EPID Community
6 min readAug 31, 2021

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RECAP AMA EPID COMMUNITY X BALI SOCIAL INTEGRATED

🕖AMA Timing : 30th AUGUST 2 PM UTC | 9 PM (GMT +7)
🏚Venue For AMA: @EPID_Community
💰Reward Pool : 100$

➡️Part 1: Project Introduction.
Q1: Can you give a brief introduction of what Bali Social Integrated is? What is it aiming to do, and what it intends to solve in this industry?
A:
Bali Social Integrated is a pioneer blockchain project developed with an aim to optimize the global tourism industry. We use blockchain technology’s cross-chain capabilities to connect global travelers to the respective service providers directly. Bali Social Integrated houses a team of blockchain developers and crypto enthusiasts who work collectively to provide our users with a seamless travel experience.

We utilize blockchain’s cost reduction abilities to remove the intermediaries and offer a unique and enjoyable customer experience with lower transactional and operational costs.

Q2: Can you share some of your background and experience? How did you know and get involved in cryptocurrency? What made you/your team decide to found Bali Social Integrated?
A:
Prior to this project, I was working in Indonesia financial regulatory and one of the biggest banks in Indonesia. I co-founded one of the leading major exchanges in Indonesia and the former chief marketing officer in digitalexchange.id, which is registered and supervised by the commodity Futures Trading Regulatory Agency.

After all that experience, me & my team created Bali Social Integrated , a blockchain-based tourism platform.

Q3: Currently, there are many scam projects that cause investors to lose. So, Why we should choose and trust Bali Social Integrated?
A:
Bali Social Integrated is truly a unique and revolutionary platform that optimizes the tourism industry with the help of blockchain technology. While tourism and blockchain have been combined in the past as well, there hasn’t been any promising project until Bali Social Integrated. It is a disruptive platform that is giving the tourism industry a much-needed makeover.
We’ve also worked with a major producer of electric from Korea and local partners in Bali.
To know more about it, please visit our YouTube channel at https://www.youtube.com/channel/UCCE6wN1-vMRZh-Ts3fgvE_w

➡️Part 2: Question From Twitter (5 best questions).
Q1: @baoSTT
How secure is your platform to use? Have you done audits of smart contract? What security measures are adopted from bugs of smart contract and hacking?
A:
As we are using the ERC-20 blockchain based network, all transactions will be transparent and secure. Yes, we have done audits of smart contracts and have been audited by slow mist. Please kindly check our website or the link below for the slow mist result. We have done several testing like penetration testing and stress testing to make sure that the platform is secured.

Link: https://bsin.io/file/security-audit.pdf

Q2: @GDSHOK31
Explain your plans on global expansion,is it only market you are focusing All the time,And you focus on building or developing and getting customers and users, or partnerships?
A:
To grow rapidly, we plan to collaborate and work together alongside other utility token platforms and blockchain travel projects scattered around the world to provide an eco-green friendly ecosystem and a cashless, transparent payment system. One of our plans is creating a stacking program for a long-term investment to be used in the Bali Social integrated ecosystem. This long term investment will be profitable as Bali Social Integrated will keep on improving their services and all transactions will be viable with BSI token. We also have worked alongside a major electric motorcycle producer in Korea (MBI) to spark an eco-green friendly tourism. This is the right time to invest in renewable energy and electric motorcycles for leisure.

As tourists become members of the token ecosystem and tour, the ecosystem continues to develop.As the ecosystem develops, the value of the token increases.

Q3: @Nguyen21Bad
Typically, investors buy tokens that are likely to increase in price in the future. I saw that, total supply of the token is huge. So, do you have any plan for burning tokens in the future to reduce the supply of the token and increase its investment attractiveness?
A:
Firstly, as BSI is a utility token which have natural source of demand based on problems that we solved and to protect the investors from volatility of the market, we have some program such as stacking program which will create a strong holders and we’re also considering about burning program.

Q4: @Anime39595
Can you please tell me a little more about the BSI management team and some of their background? Personally, I've seen many projects kicked off with inexperienced team members and some of them not going well due to avoidable mistakes?
A:
We have experts on our board of directors and advisors, some of them have more than 20 years experience in the tourism industry and a good track record. As mentioned before , me and my team are experienced in crypto exchanges in one of the leading major exchanges in Indonesia which is registered and supervised by the commodity Futures Trading Regulatory Agency.

Q5: @DepzaiFill
Why do you think we should hold $BSI tokens? What are the advantages of holding $BSI tokens? On which exchange is $BSI already listed and planned to be listed soon?
A:
We will be having a stacking program for a long term investment to be used in Bali Social integrated ecosystem. This long term investment will be profitable as Bali Social Integrated will keep on improving their services and all transactions will be viable with BSI token. We also have worked alongside a major electric motorcycle producer in Korea (MBI) to spark an eco-green friendly tourism. This is the right time to invest in renewable energy and electric motorcycles for leisure.

As tourists become members of the token ecosystem and tour, the ecosystem continues to develop.As the ecosystem develops, the value of the token increases.

BSI token will be listed in HotBit on 3rd September and in Mid of September we will be listed in leading global exchange platforms.

➡️Part 3: Free asking (5 best questions)
Q1: @kimura578
Many investors hit and run in the sell and sell session after listing on the first exchange, How did your project prevent early investors from selling their tokens and what benefits you would give them?
A:
During the private sale period, there is a stacking program where all private investors are committed to do a long-term investment as BSI is a utility token that can be used across their ecosystem such as hotel, restaurants, villas, covid-19 related information , electric motorcycle rental and many others.

Q2: @loverboy079
How can users stay updated with this project? Are there channels including local communities where users, can get the latest updates?,
A:
Yes we do have a telegram community where we update about our projects. Here is the link to our community, website and social media :

instagram :
https://www.instagram.com/bsitoken/

twitter :
https://twitter.com/bsitoken

medium :
https://bsitoken.medium.com/

facebook :
https://www.facebook.com/bsitoken

LinkedIn :
https://www.linkedin.com/company/bali-social-integrated-foundation/

Telegram Global Community:
https://t.me/bsito

Reddit:
https://www.reddit.com/r/CryptoMarsShots/comments/ouqqzp/bsi_blockchain_based_tourism_platform/

Website:
https://bsin.io

Q3: @King2926
Is your project recommended by an existing big project or influencer or do you even have a great partner who fully supports this project?
A:
One of our partners are a major electric motorcycle producer in Korea. Here is the link to our partnership agreement : https://www.youtube.com/watch?v=7xWMPk3ib_4

Q4: @JACKMACK23
How much fund was raised in your presales? have you done listed your tokens on gecko and cmc? Do you have any plan to do listings on top tier cex?
A:
We will be having a flash sale in our website tomorrow. Don’t miss it! And yes we do have plan to do listings on top tier cex

Link:
https://bsin.io

Q5: @alhamdulillah848
Marketing is a central element for every project. so that everyone knows the potential that a project, can bring is vital to achieve the goals set. What is your strategy to attract new users and Investor, to your project and keep them long term??,"
A:
- Our strategy is to first build a strong community in Asia and other parts of the world. We also have programs that have been mention above.

- Join our global community and token sales now at https://bsin.io and telegram community at https://t.me/bsito. There are a lot of bonuses that we offer to all communities. Stay tuned for our token flash sales.

- Be a part of the tourism industry 2.0 now.

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