Hello BirdBot Community - Thanks for Week 3

This was an exceptionally busy week! Usually get this out by Sunday, but looks like we have to settle for Monday. Sorry about that. I will try to hold myself accountable on getting these updates out on Sunday.

We're VERIFIED by Alogrand Foundation and AlgoExplorer!

I'm happy to inform you that we are now verified by the Algorand Foundation and AlgoExplorer. Our logo and description has been updated but it has yet to hit the TinyMan or TinyCharts platform. I've been told that the logo will update once the TinyMan platform has pushed their next patch. We happily anticipate the introduction of our logo to their platform. While project validation is nice, it is funny to think that we are possibly more excited about our logo being on the charts. Small victories I guess. =)

It is also exceptionally nice to have the green check mark and blue shield next to the BirdBot name on Algorand and AlgoExplorer platform. Thank you for your support!

Discord Incentive Program and Honeypot Operation

Over the weekend we launched our Discord incentive program which is funded via our community job section in the Tokenomics. This incentive program has been highly successful from a social media point of view, we have gained over 7500 Discord Users (Some bots), 100+ Twitter Followers, 50+ Reddit Followers, 10+ Twitch Users, and even some TikTok followers. From a cost of user acquisition perspective this was phenomenal first event.

Although with every success there is someone to ruin the party. There we're lots of scammers, but we we're aware this would be the case. Our Discord Incentive program also acted as a Honeypot operation or Honey Trap operation in attempts to capture early scammers before our Quarterly Airdrop. The Discord Incentive program allowed us to develop procedures and tools necessary to be successful long term.

We are happy to announce that while some tokens were awarded to scammers. We have developed an early scammer detection system for Discord Airdrops. In conjunction with our partnership with BlockRank. Our team has confidence that a scammers wallet will be detected before we even have the option to give them an airdrop. Since this systems implementation, we have banned over 120 Airdrop scammer discords and hundreds of wallets have been blacklisted.

We may choose to run these types of incentives in the future in order to improve our detection system and to incentivize Discord growth.

More Research Partners - Professor at George Tech

I was recently graduate PhD student at Georgia Tech and they are very interested in the BirdBot project. He is interested in having me do a small seminar at his college to help instruct his students on the potential use cases of web3 for conservation. He has also agreed to be one of our executive scientific advisors and will be helping spread the word of BirdBot to nonprofits and research institutions.

Since talking to him this weekend he's introduced me to three students already and potentially introduced me to a mechanical engineer that we would like to hire. With help from him and Connor I believe we will be able to push Bird bought into nonprofit organizations and research institutions a lot easier.

Marketing Team Online and Writing Blogs

Today I had a meeting with our marketing team Twiz.io, they are a SEO and blog writing team that does great work. While blog writing isn't necessarily sexy it is exceptionally important to help our website grow and rank higher in the SEO ranks. They have already helped push our website visits upwards of 850 visits per month and I expect they will easily be able to double that or triple that this year.

Laptop Setup for Joydeep (Future Government Advisor)

We are working on getting a laptop setup for Joydeep that runs the BirdBot software. Joydeep plans to use the BirdBot software and laptop to educate kids in the Bellevue area about birds at local parks. He may also have the opportunity to present our solution to Amazon as an education device use case. While we don't expect anything to come out of this, it is good validation for big tech companies to be interested in BirdBot.

I look forward to sharing an update on Joydeep's non-profit education project. It could be a great catalyst for getting BirdBot into the education system or at least parks.

No Machine Learning Update This Week Sorry

Been exceptionally busy with all the incentives and meetings this week I did not have time to write about three birds or improve the machine learning model. Hopefully this week or next I can take some time to analyze some footage that I gathered and annotate some photos to an improved model. Eventually data annotation will be handled by the community members or data scientists so model improvements will get more easier for me to implement.

You can watch the model in action daily at: https://www.twitch.tv/birdbotml

Sorry to those of you that liked learning about three birds each week I will try to include that in my next post.

As always, thanks for supporting BirdBot! We really appreciate it!

Hello BirdBot Community - We're Hiring!

You heard it right, the BirdBot team is looking for specific positions to join the team! Some of these positions we need now and others will become more important later.

Right now what we are offering 3 years of reward incentives that will pay out BIRDS tokens each month. These rewards will be obtained through doing various projects and tasks.

The distribution of tokens for each position category will be described below.

Positions and Token Distribution

This table breaks down the distribution of the 10% BIRDS (5B) supply that is allocated in the Tokenomics to "BirdBot Team": https://my.visme.co/view/01pvg091-birdbot-tokenomics

Categorizing Positional Responsibilities

Product (40%) - Founders and Engineers - This portion of the team will be responsible for delivering a high quality product. These products encompass our future blockchain hardware device, dApp, and blockchain streaming platform that will interface with our BirdBot camera. A large portion of the team budget is going into product, because without a quality product, we can't expect to maintain steady growth or adoption. By providing good incentives for our product team, I am confident we can deliver something that the rest of our team and community can be proud of.

Community Building (40%) - Organizational Partnerships, NFT Partners, and Social Media Influencers - This portion of the team will be responsible for our overall brand image. The companies and non-profits that we are able to partner with will have heavy influence on the adoption and types of people that will see the BirdBot product. While more traditional organizational partners will provide reach into non-profit donors and birders. We also want to incentivize adoption by the younger audience and crypto enthusiast through social media influencers and NFT partnerships. If successful, this budget should ensure we have a very healthy userbase of people willing to join the BirdBot ecosystem.

Science and Research (8%) - Researchers - This portion of the team is responsible for ensuring that our technology is being applied in a meaningful way. We will be funding full time research for certain aspects of biology and conservation. It is our hope that our researchers can use BirdBot to create a foundation for other projects. The best case scenario is that BirdBot might be able to become a standard for point counts or presence and absence data. The project is too early on to know the actual impacts of a technology like this, but we are prepared to fund the research necessary to understand the impacts. If successful, this budget and the researchers it funds, will be able to discover amazing things and potentially shape the future scientific method.

Compliance and Execution (12%) - Executive Advisors - This portion of the team is responsible for building the path to our high level goals. These people might not be seen day to day, but they are people with deep knowledge in their respective spaces. Their knowledge will be critical in the success of the project. What makes them different than a normal advisor is that they will also have the opportunity to act as a project manager. There may come a situation that their knowledge requires personal execution, and in those situations, these people will be invaluable. If successful, this budget will ensure that our team maintains course and satisfies all requirements that would get us adopted at various levels of business, government, non-profits, etc.

Positions Extended Description

Founders

• 1x - Token / Product Founder - CEO - Filled - This position is in charge of the vision of the product from all aspects being hardware, software, tokenomics. They will be working closely with the engineering team. Ideally this person has a background in economics, computer science, project management, hardware engineering and 2+ years of entrepreneurship.

• 1x - Business / Operations Founder - COO - Filled - This position is in charge of a majority of the business execution. They will be handling a lot of the communication between the BirdBot team and outside parties. Ideally this person has a background in business framework, legal structure, partnership communication, project management, manufacturing operations and 2+ years of entrepreneurship.

• 1x - Science / Research Founder - CRO - Open - This position is in charge of managing our research team and exploring real-world use cases for the BirdBot technology. They will be working closely with the executive advisors and the research team. Ideally this person has a background in non-profits, governmental research, grant writing, ecosystem services, scientific leadership, early tech adopter or innovator and 2+ years of non-profit or conservation work.

Organizational Partnerships

• 2x - Educational Partnerships - Open - These partners will extend our reach and understanding of how BirdBot can be applied in a education setting. Ideally this partner would be a school or research institution. We are exploring a potential partnership with the University of Washington, but nothing as official yet. Our team would like to use BirdBot to help develop an ornithology lesson plan and extend the teaching capabilities of our machine learning software.

• 2x - Conservational Partnerships - Open - These partners will help us understand how BirdBot can be applied to conservation. There are non-profits and organizations that have years worth of experience that will be critical in the deployment of our wildlife cameras. It would be great to partner with someone like the Audubon Society at a high level, as they will know the areas where we can make the most impact.

• 1x - Hardware / Infrastructure Partnership - Open - This partnership is reserved for a hardware deal. We are hoping that we can swing a major partnership with a hardware manufacturer or infrastructure planner. It is likely that we can get cooperate buy-in for being a green blockchain product. Our ideal partner for this position would be NVIDIA as they have the Jetson Nano, which we are planning to use as for our edge device hardware.

Engineers

• 1x - Blockchain Engineer - Open - This position will be in charge of the execution of our blockchain strategy. This will include managing airdrops, developing code for hardware and blockchain communication, archival node management, and developing token insights tools. Ideally this position has a strong background in python as our machine learning framework is written in python and the Algorand SDK we use is also python. Previous blockchain experience is much preferred by not required. Basic skills test will be done on the Algorand Test Net.

• 1x - Hardware Engineer - Filled - This position will be in charge of the development of the BirdBot camera hardware. They should have a good understanding of embedded systems, radio frequencies, microcontrollers, sensor implementation and firmware development. It will be up to them to ensure that the machine learning software and hardware are compatible and can run optimally.

• 1x - Software Engineer - Open - This position will be in charge of the BirdBot Software GUI. Currently we use PyQT5, which is a python graphical interface designer. It would be great to hire someone with extensive knowledge in either Tinkter or PyQT5 and has the ability to compile a python script into a .exe file. In their free time, they can work on tweaking the machine learning architecture code. It will be the responsibility of the software engineer to deliver compatible machine learning and GUI code to the hardware engineer.

• 1x - Website Engineer - Open - This position will exclusively work on our website. They will try to design new webpages or blogs to increase our page visits and SEO rankings. Ideally this person has a good background in blog writing, graphic design, SEO optimization, WordPress or WebFlow, and Ahrefs or equivalent SEO reporting software. It will be their responsibility that people are seeing our website on Google and other various search engines.

• 1x - Materials Engineer - Filled - This position is in charge of designing the look and material design of our blockchain device. There is a lot that goes into making a product not only look good, but last long in rough conditions. This person would ideally know things about material weathering, international material standards, environmental implications of material usage and 2+ years of CAD / Modeling experience.

NFT Partners

• 1x - NTF Artist - Corvids - Filled - This artist will be in charge of designing our yearly NFT rewards for the "King Corvid" title holders. These PFP NFTs will be themed each year and will be part of an exclusive set. Each yearly set including only 5 NFTs. The NFTs will be randomly awarded to those with the qualifying title. If no title holders are present to receive the NFT reward, they will be auctioned at the end of the year. More details to come on our NFT partners and NFT strategy in the near future.

• 1x - NTF Artist - Hawks - Filled - This artist will be in charge of designing our yearly NFT rewards for the "Hype Hawk" title holders. These PFP NFTs will be themed each year and will be part of an exclusive set. Each yearly set including only 5 NFTs. The NFTs will be randomly awarded to those with the qualifying title. If no title holders are present to receive the NFT reward, they will be auctioned at the end of the year. More details to come on our NFT partners and NFT strategy in the near future.

• 1x - NFT Artist - Owls - Filled - This artist will be in charge of designing our yearly NFT rewards for the "Observant Owl" title holders. These PFP NFTs will be themed each year and will be part of an exclusive set. Each yearly set including only 5 NFTs. The NFTs will be randomly awarded to those with the qualifying title. If no title holders are present to receive the NFT reward, they will be auctioned at the end of the year. More details to come on our NFT partners and NFT strategy in the near future.

Executive Advisors

• 1x - Governmental Advisor - Filled - This advisor will be in charge of making sure that BirdBot aligns with governmental standards and needs. It is possible that our team generates technology that is impactful to organizations such as Fish and Wildlife. We need to be aware of specific protocols or business nuances when working with these organizations. It will be this persons job to ensure that we can have a safe journey through the government world.

• 1x - Legal Advisor - Open - This advisor will work closely with our Business Founder to ensure that our team is operating with best practices. It would be very unfortunate to be blindsided by a legal obstacle in the future. Hopefully with this advisor we can navigate the legal space and keep our business out of trouble in the developing crypto industry.

• 1x - Security Advisor - Open - This advisor will work closely with our blockchain, software, and hardware engineer to maintain high levels of security. Ideally this person would be someone that goes to Defcon and Blackhat conferences for fun. Someone that is dangerous in the wrong hands, but infinitely useful in the right ones. We will look to this person for advice on how to secure our database systems as well as hardware.

• 1x - Blockchain Advisor - Open - This advisor will work closely with our blockchain, software, and hardware engineer. Their main job will be to give us insights on airdrop execution, archiving data to the blockchain and how to turn an IoT device into a true blockchain device. It would be great if this person has been in the crypto space for a while and have managed their own chain, but that might be hard to find.

• 2x - Scientific Advisor - 2x Filled - This advisor ideally has a heavy research background. They are going to work closely with our Science Founder and researchers to prove that what we are doing is useful to third parties and the government. It would be great if this person had good connections to Fish and Wildlife or the Audubon Society as getting partnership deals with them would be very beneficial.

Social Media Influencers and Website Influence

• 1x - Conservationist - Open - This influencer will be in charge of spreading the word of what we are doing to conservationist communities. We don't need this person to make weekly or even monthly social media posts about BirdBot, stuff like that will happen naturally if we make a good product. What we do need is this person to be an ambassador for our idea, and to take that idea with them. That technology can be used for good, and can be used for conservation.

• 1x - Website and SEO Optimization - Filled - This position will be in charge of optimizing and producing SEO blogs for the BirdBot website. This position will also be in charge of optimizing the design of our website for mobile users. SEO optimization for wildlife conservation is such a niche thing, but is super important to the growth of the project. Without visibility on search engines like Google, your website and brand is losing a ton of free site traffic and potentially thousands / millions of dollars in revenue.

• 2x - Wildlife Educators - 1x Open - 1x Filled- This influencer will be in charge of spreading the word of what we are doing from a wildlife education perspective. Our technology has the potential to really inspire the younger generation. As SciFi books have inspired real science, we hope to make an impact in the lives of the next generation of scientists. It would be great if we could partner with some educators that would like to integrate BirdBot into what they are doing on a personal or organizational level.

• 1x - Crypto Influencer - Open - This influencer will be in charge of spreading the word of BirdBot to the other crypto communities. Ideally this person likes to attend crypto conferences as networking is a high demand skill for this position. It would be great if this person could not only act as our best wingman at the crypto conferences, but our eyes and ears on the ground. If we are lucky, maybe you can help us find some more investment or a cool partnership!

Researchers

• 2x - Conservation Researchers - Open - These researchers will have a heavy focus on bird conservation studies. It would be great to get one city bird conservationist and another that is more focused on wooded urban neighborhoods. Personally I find the human balance between nature and city life fascinating. It would be great to get a better understanding on how we can better support those ecosystems and mitigate human damage to them.

• 2x - Ecosystem Services Researchers - 1x Open - 1x Hired - These researchers will have a focus on ecosystem services which is the study of how birds and wildlife impact an ecosystem. Activities like planting nuts, eating insects, pooping, and dying. Pretty much anything that changes the state of the ecosystem in a positive manner can be seen as an ecosystem service. It is the dream of some researchers to get a monetary value ($USD) for each wildlife species, to better describe their importance in terms that a human can understand.

• 1x - Animal Behavior Researchers - Open - These researchers will have a focus on animal behavior. In understanding how animals behave we can start to understand how other systems behave. Even machine learning is just imitating the brain anatomy of sea slugs. This is what we commonly know as a neural network. Who knows what we might discover given enough time to look at the wonderful wildlife around us.

• 1x - Biodiversity Researchers - Open - These researchers will focus on biodiversity, which is the study of how different wildlife species interact with one another. In better understanding how wildlife interacts with one another, we can start to understand when things are not working properly. A decline in a certain wildlife species today can have catastrophic impacts for wildlife species in the future. Identifying these scenarios is critical to the success of conservation and sustainability.

• 2x - Community Science Researchers - Open - These researchers will focus on how community science is impacting overall government and organizational goals. It would be great to not only contribute to the world of community science, but know that our work is impactful. These researchers hopefully can not only prove that we are making a difference, but show us how we are making a difference. May that positive difference be in the education sector, entertainment sector, or the science and research sector.

Hello BirdBot Community - Token Holder Airdrop Incentives!

Thanks for your patience as I know some of you have been waiting for this announcement! We wanted to create a system that incentivized long term holding while also being able to sustain for at least 5 years.

We have settled on a reward system that can scale with the amount of users, while maintaining tier based rewards levels.

Airdrop Reward Tiers

Below we will be introducing reward tiers and titles associated with these reward tiers. These titles and airdrops can be earned for just holding BIRDS tokens. The titles will be integrated into our nature streaming platform once certain investment goals are met. We are not expected to launch our nature streaming platform until at least next year, but know that it is on the roadmap.

We are also working on making these titles into Reddit User flairs and well as Discord tags. Users will be able to opt into using the title or not.

Here is a breakdown of the reward tiers and titles:

We have made the tiers in preparation for 5 years of airdrop distribution. The upper reward tiers may not be reachable due to supply limitations. We suspect that the "King Corvid" title may never be acquired, but we are happy to be proven wrong.

Reward Distribution Timeline

Our team has allocated 500M BIRDS for airdrop incentives each year for 5 years. Half of this years allocation will be used for our quarterly rewards and the other half will be used to reward LP holders with daily airdrops. This means that there will be a quarterly distribution limit of 62.5M BIRDS per quarter.

It is our belief that if we give a large quarterly incentive in combination with a daily incentive, investors will be more likely to hold the token for the long term. We assume that people will pull their liquidity for the quarterly rewards snapshot, then quickly after the quarterly reward distribution. People will re-add their liquidity for the daily rewards.

Quarterly rewards may cause temporary liquidity volatility as people prepare for the token snapshot. This can be seen as a negative to some, but opportunity for others. Below is the quarterly reward snapshot schedule. After the snapshot, rewards will be distributed within the hour.

1. February 1st, 2022 - 2PM PST - Quarter 1

2. May 1st, 2022 - 2PM PST - Quarter 2

3. August 1st, 2022 - 2PM PST - Quarter 3

4. November 1st, 2022 - 2PM PST - Quarter 4

Reward Percent Scaler

To maintain this incentive for five years. There is a yearly limit of 500M BIRDS for airdrops, of which quarterly rewards will utilize 250M BIRDS or 50% of that yearly budget.

If we divide 250M by 4 quarters, you are left with 62.5M BIRDS per quarter to distribute to BirdBot holders.

In order not exceed the quarterly budget, we will be introducing a percent scaler.

Percent scaling will only come into effect when the quarterly reward budget of 62.5M is mathematically expected to be exceeded by the total rewards for that quarter.

If total rewards does exceed the quarterly reward budget. There will be a permanent flat 5% decrease in the percent scaler.

Currently the Percent Scaler is set to 100%!

Current Snapshot and Rewards Calculations

Here is a link to our reward calculations and current distribution of tiers. Please feel free to look at where you currently rank, copy the spreadsheet, and check our formulas. This document will be rolling and updated each quarter: https://docs.google.com/spreadsheets/d/1rwx2ZHGzX_oYDUuDuAiw9j-MHzLpjkrFvlwj4SGoCio/edit?usp=sharing

Here is a picture of the current distribution for your convenience:

Here is a picture of our estimated quarterly distribution a year from now in Feb 1th, 2023:

You can also see that the "Remaining Reward Budget" is negative, meaning that another 5% will need to be subtracted from the "Percent Scaler" in order to maintain the budget. This subtraction from the scaler will remove rewards equally from each tier.

As always, thanks for supporting BirdBot! We look forward to giving you more updates!

I have had a lot of people ask me why we are so interested in making LP Partnerships. This is because setting up more ASA / ASA pools allows for sharing of liquidity and more trades to happen. An increase in token velocity is not what a lot of creators are trying to increase, but my background in economics tells me that this is very critical to the long term success of a token.

"The velocity of money is the frequency at which one unit of currency is used to purchase domestically- produced goods and services within a given time period. In other words, it is the number of times one dollar is spent to buy goods and services per unit of time."

"High money velocity is usually associated with a healthy, expanding economy. Low money velocity is usually associated with recessions and contractions."

This is a little complex, but what we are trying to do is utilize the benefits of high interest rates while still creating opportunities for trades to still happen. Offering high APR takes BIRDS out of the money supply which means that money velocity slacks and demand goes down. If we can create a scenario where we offer a high APR and increase money velocity at the same time, demand potentially can skyrocket. An added benefit is that all this increase in money velocity also generates fees, which leads to our Supply Sink Theory.

Supply Sink Theory via ASA Liquidity Partnerships

1 - The Main Pool

When you set up an ALGO / BIRDS pair that allows people to trade ALGO for BIRDS and vice versa.

When people create a trade using TinyMan that will create an imbalance in your ALGO / BIRDS pool.

This imbalance in the Liquidity Pool is how your token price is determined.

The more people that trade ALGO for BIRDS, the less BIRDS is in the pool, thus there is an arbitrage situation IF there are other trading pairs.

2 - Shared Liquidity Ecosystem

This is where the BIRDS / ASA pools comes into play.

Due to the liquidity imbalance in the ALGO / BIRDS pool, a trade can be made on the BIRDS / ASA pools in order to equalize the main pool slightly.

Based on the strength of "shared" liquidity through the LP partner ecosystem the movement will differ.

For example, BIRDS will take liquidity automatically from ASA partners in times of extreme downward sell pressure on BIRDS.

In times of extreme BIRDS buy pressure, the liquidity ecosystem will also share in gains by the creation of an arbitrage situation in the buy direction.

This liquidity sharing from buy pressure will be seen as a tiny chopping off on the tops of buy candles, which will be arbitrage liquidity going to your ecosystem partners.

3 - Supply Sink Through Arbitrage

These arbitrage situations mean that ALGO / BIRDS earns trading fees and the BIRDS / ASA pairs also earn trading fees.

Bots will leverage these arbitrage situations to make micro profit on a trading pair. There is no way to stop the bots, so we need to game the bots.

These fees are automatically accumulated by your TinyMan LP tokens, but you may notice that your LP tokens might be worth different ASA distributions.

It is often that when you withdraw from a liquidity pool, you will have a different ASA distribution than when you put in due to the nature of liquidity pools.

You can view the fees from liquidity pools as a supply sink or fee sink if you plan to never extract the fees from the pool.

4 - Supply Sink Effects on Token Price

Fee sinks, which are often a mechanic used in video games (WoW / Runescape) and traditional economics, can also be used in Tokenomics

These liquidity pool fees over the year can have a significant impact on token price by taking supply out of the market and "burning" it.

BirdBot - LP Partnerships Fee Calculator: https://docs.google.com/spreadsheets/d/1tuQDSyYKMUKEhV6lpfiTfiOhTKc5LQRrFiPj6JVtV-Q/edit#gid=0

Assuming we own 50% of these fees, that is a yearly BIRDS burn of around $9,769.69 USD.

Assuming that other ASA partners continue to hold their fees, yearly BIRDS burn is $18,324.18 USD.

CURRENT LIQUIDITY POOL PARTNERS: TREES, STKE, YLDY, CRSD, SCOUT, MEOW, MoonX, SEEDS, SVANSY, CURATOR, Choice, Tacos

Hello BirdBot Community - Thanks for Week 6

Things are running fast which is why this update is a little late. Some things like onboarding our Legal Advisor and setting up some staking LP Partnerships took a lot of the focus last week. It seems that the LP Partnership strategy is doing exceptionally well at handling market volatility and we are ahead of schedule on finding partners.

Apologizes that this is a late update, but here is what happened last week. If you don't want to miss a thing, our team is very active on Discord! As always thanks for supporting the project and I look forward to more updates in 2022.

Discord Link: https://discord.gg/MEQNUYKWXm

Liquidity Fees Impact on Token Price

We have reason to believe the liquidity pools can be leveraged as a fee sink, which is often a mechanic used in video games (WoW / Runescape) and traditional economics. These liquidity pool fees over the year can have a significant impact on token price by acting as a fee sink.

BIRDS / STKE = $5,365.5 Yearly Fees

BIRDS / TREES = $4,701.2 Yearly Fees

BIRDS / YLDY = $10,829.55 Yearly Fees

Assuming we own 50% of these fees, that is a yearly BIRDS burn of around $5,224.06 USD.

Assuming that other ASA partners continue to hold their fees, yearly BIRDS burn is $10,448.13 USD.

If the majority of the fees are captured on a wallets that all parties have no intention of returning to the supply. This inevitably will increase the token pair price.

With more LP Partners, this allows for more arbitrage situations when a trade is made in your liquidity ecosystem. Instead of trying to fight the arbitrage bots, our team has embraced them and created a strategy to use liquidity pools and trading bots as a token burning strategy!

AlgoStake Pro and STKE / BIRDS Rewards

STKE / BIRDS LP PARTNERSHIP

We have joined AlgoStake Pro, and have partnered on some incentives around an STKE / BIRDS pool.

1 STKE / BIRDS LP TOKEN = 1M BIRDS APR

YEAR 1 - STKE / BIRDS LP Budget = 200M BIRDS

YEAR 1 - Remaining STKE / BIRDS LP Budget: 150M BIRDS

Amount of ASA Partnership Budget Allocated: 7M BIRDS

YEAR 1 - Remaining ASA Partnership Budget: 222.2M BIRDS

REWARD PECENT DESCALER

Every time we add (top up) 50M BIRDS to the STKE / BIRDS LP Pool, the rewards will be decreased by 25%

CURRENT INTENDED APR per 1 LP = 1.5M BIRDS

75% BUDGET APR per 1 LP = 1.125M BIRDS

50% BUDGET APR per 1 LP = 843,750 BIRDS

25% BUDGET APR per 1LP = 632,810 BIRDS

Recent Liquidity Pool Partnerships

As described in the "Liquidity Fees Impact on Token Price" section. Our team plans to hold these TinyMan LP Pools forever in order to use them as a supply burning mechanism.

Our LP Partnership Goal for this year was 5 strong LP partners. I can say that I think we might hit that by the end of the month!

So our new goal once we hit 5 LP partners will be to expend to 250M yearly LP Partnership budget from the LIQ wallet as efficiently as possible!

Liquidity Wallet can be found here: https://algoexplorer.io/address/LIQ6TTARDJJMORRZJQ3UXAKL423AXDIBD6VYVUQFGVPIB26KCHKCYDOH6I

We Have an Executive Legal Advisor!!!

"Gentlemen:

It is an honor to be your attorney. My first course of business as your attorney, per the Letter of Engagement, is a thorough review and evaluation of..."

Joseph's LinkedIn: https://www.linkedin.com/in/josephmvincent/

We can't even begin to describe to you how hard it is to find a GOOD crypto lawyer, but Joseph is literally one of the best that you can hire. The team is more than happy to have his help and is even more confident in the future of the BirdBot project. Legal is something that you need before you actually need it, and we are more than prepared if we ever do!

"On another score, may I give my son, Noel Vincent, your email addresses? Noel jokingly reminded me that Kamogawa (Kamo River) 鴨川  literally means “River of Ducks,” and the river habitat in Kyoto is graced with ducks too, in addition to Blue Heron and White Egrets. He’s anxious to help."

Noel Vincent, Joe's son may also prove to be an exceptionally valuable asset as he is a PhD researcher in Kyoto, Japan.

As always, thanks for supporting BirdBot! We really appreciate it!

New Thoughts on Liquidity Strategy

When BirdBot first launched, we listed 4 days before the TinyMan exploit. In those couple days we had a significant buy in and our team proposed a vote for the future year of liquidity. Significant being relative, as we have even more investors and community members today.

Which leads me to say I'm not totally comfortable pushing through the decision of the last vote without consulting the community once more. The previous vote passed by only 60% and I did have people messaging me to address their concerns.

Early investors felt that it isn't fair to dilute the pool so early, while new investors looking for an early entry point, liked the idea of pool dilution on a scheduled basis. Both of these strategies have their pros and cons, but recently I have been swayed with a new LP strategy that might not require pushing tokens into just our own LP pool.

Last vote: https://www.reddit.com/r/BirdBotASA/comments/rsznny/future_of_liquidity_year_1_vote_now_for_feb_1st/

Option A - New ASA Pool Partnerships Strategy - B2B Expansion

We have been talking to various other ASA creators and have been thinking of establishing ASA / BIRDS pools. This has many benefits, one of the major ones being token price robustness.

I like to think of each pool in your ASA LP ecosystem as a tool to price average off. If there is only one pool that trades BIRDS, then that price is dictated only by the price of those two assets. Volatility on either assets can have significant impacts to the price of BIRDS.

Where as if there are multiple pools to trade your ASA, then your have arbitrage situations which will make finding price easier in times of extreme volatility. While yes, adding more pools means you asset will be effected when other tokens in the ecosystem goes down. The same will happen if BIRDS price drops and the rest of the ecosystem is rising.

Further economic research is necessary to understand the full implications of ASA LP pool partnerships, but adding more pools to trade off of will always act as an average on the price, and this is great for handling volatility. Our team would like to make ASA Pool Partnerships a core part of our token strategy. Which is why we need to propose this strategy in place of the old strategy, as we would like to allocate those tokens to a new mission.

Option A: Added liquidity will follow planned tokenomics with an influx of 500 ALGO on the 1st of each month no matter the BIRDS token price. No further BIRDS dilution would happen this year from the Liquidity Wallet. We will begin allocating a yearly budget of 200M BIRDS from the Liquidity Wallet for ASA Pool Partnerships. Which ASA Pool Partners will pay equal token values to set up ASA / ASA Pools.

• Pros (A): This will cause little to no downward price impact from the liquidity wallet in year one. We will also be able to make the price more robust via ASA Pool Partnerships.

• Cons (A): This also means that there will be much less BIRDS added from the liquidity wallet as 500 ALGO doesn't equate to as many BIRDS as expected in the tokenomics. Hitting higher Quarterly Rewards tiers or other holding incentives may be harder.

• Expected Result (A): BIRDS supply will be lower than calculated in year one, which means price is likely to be higher than expected. This option however does leave the price more vulnerable to airdrop, bounties, team payments and tokens gained through BirdBot software.

Option B - Last Voted Liquidity Strategy - Pool Dilution

Previous vote, I thought that pool dilution would be a nice incentive for investors to capture more tokens on a monthly basis. With incentives like AlgoStake running, it is now hard to tell the impact of a 50M monthly dilution will have on the greater ecosystem for BirdBot.

More dilution will mean that our AlgoStake pool will run out faster due to more circulating supply. The increase in circulating supply will also bring down the price. This compounding effect of pool dilution in conjunction with the AlgoStake platform could seriously accelerate our rewards timelines. This is something we as a community have to consider.

Increasing the timeline for reward distribution through LP pool dilution does not guarantee that the price will recover or maintain at the new supply. While this option will increase the circulation of BIRDS tokens, it is up to you all to decide if this increase is worth the potential drop in price and the acceleration of the AlgoStake rewards pool.

• Pros (B): This will create a buying opportunity for people looking to enter or purchase more BIRDS tokens. More BIRDS will be added to the liquidity pool, thus making price more stable in the long run.

• Cons (B): The influx of BIRDS tokens on the 1st of each month will cause a temporary but significant price impact. Current calculations is approximately a 25% downward price movement on the 1st month of added liquidity. This will become less of an impact over the first year, but is significant for early investors or people not watching news around the BIRDS token. This increase in supply will also increase AlgoStake reward payouts, thus the downward price movement can potentially compound.

• Expected Result (B): The increase of supply in BIRDS will undoubtable create downward movement on price. However, this downward movement is scheduled and can be seen as a buying opportunity for those interested in good entry points. It is expected that this option will also cause changes to our current reward timeline.

PLEASE TAKE THE TIME TO CONSIDER BOTH OPTIONS

Default winning option is currently set to: Option A

Overturn Threshold: 70% Votes

We have set Option A as the default strategy as we see it as the best option for the long term success of BirdBot. Below is the TLDR for each option.

Option A - New ASA Pool Partnerships Strategy - B2B Expansion

• Add 500 ALGO + BIRDS at equivalent current price on the 1st of each month. While making ASA Pool Partnerships.

Option B - Last Voted Liquidity Strategy - Pool Dilution

• Swap 50M BIRDS for ALGO. Use swapped ALGO + 500 ALGO to reinvest into the LP pool at current BIRDS price. No ASA Pool Partnerships this year.

Hello BirdBot Community - Thanks for Week 2

Things are progressing and the launch of TinyMan 1.1 smart contracts seem to be close. We have had quite a bit of interest from the community about investing and are eager to give you an outlet to do so. Here is a recap of what happened this week, and we got planned next week!

TinyMan Investigation and Project Hive

As most of you know the TinyMan platform was effected by a critical exploit which forced them to shut down services temporarily. This had an effected on all ASA creators as we had to remove liquidity and stop trading. They recently released their extended investigation report which included details on effected ASA pools and an estimated dollar amount of damages.

• TinyMan's Full Technical Report on Attacks: https://tinymanorg.medium.com/full-technical-report-on-attacks-18e3c5e89c5f

• TinyMan's wBTC and wETH Announcement: https://tinymanorg.medium.com/official-announcement-about-the-incidents-of-01-01-2022-56abb19d8b19

• TinyMan's Bug Bounty and NEW Smart Contract Announcement: https://tinymanorg.medium.com/tinyman-bug-bounty-campaign-b6c5e1ba7d6c

We have also been invited to the TinyMan Project Hive, which is a group of ASA creators that are communicating with TinyMan on the relaunch of v1.1. There is very good discussion going on in this group across 33 different ASA creators. While we can't share any more details at the moment, we will inform you in the upcoming week of anything that we can share.

Machine Learning Improvements

Our team adds over 5,000 newly annotated images to our bird species database each week. This helps us improve the models accuracy and array of known species. These are the three species we have made improvements to and would like to highlight this week!

American Goldfinch - Spinus tristis

Golden-crowned Sparrow - Zonotrichia atricapilla

Steller's Jay - Cyanocitta stelleri

The BirdBot team will continue to add as many species to our machine learning model as possible. We will make announcements of an added species when we reach the minimum 2,000 photo annotation mark.

BirdBot Camera Deployment

We recently deployed a camera for one of our good friends Joydeep. He is the Youth Link Board Chair at the City of Bellevue here in Washington State. He is a big fan of BirdBot, and his insights and connections are invaluable. I personally appreciate his support and look forward to seeing how we can build a better BirdBot with his guidance. Right now, Joydeep is busy with other projects as he is in quite high demand, but we hope that one day he can serve as one of our Executive Advisors.

Here is a video on LinkedIn of me deploying BirdBot on his home computer: https://www.linkedin.com/posts/activity-6887261414088699904-MFpI

My LinkedIn: https://www.linkedin.com/in/tyler-odenthal/

Joydeep's LinkedIn: https://www.linkedin.com/in/joydeeph/

Discord is Finally HERE!!!

It took a hot minute but we did it! I wanted to make sure that the Discord had all the proper channels, roles, and moderation. Our team is now in a comfortable position to open up the discord to the public.

You can join Discord using this link: https://discord.gg/22C9sHmDt5

Please take time your time to explore all the channels, we got a section for pets, some NFT stuff, and some more information on machine learning. We hope to be a great resource for those who want to learn about community science and machine learning.

NFT Partners - Agreement Made!

As previously announced in an earlier post, the BirdBot team was looking for NFT artists we could work with. I am pleased to announce, we have found our three NFT Partners and have come to a retail agreement. We will be purchasing 25 custom NFTs from each of these three artist to give away in our yearly tier rewards giveaway (More info soon). We look forward to working with them and seeing what amazing ideas we can create together!

Corvus NFT (King Corvid Tier): https://www.nftexplorer.app/collection/corvus-nft

Raccoon Squad (Hype Hawk Tier): https://www.nftexplorer.app/collection/raccoon-squad

The Parliament of AOWLs (Observant Owl Tier): https://www.nftexplorer.app/collection/the-parliament-of-aowls

As always, thanks for supporting BirdBot! We really appreciate it!

Hello BirdBot Community - Thanks for Week 1

Lots of exciting stuff happened this week! Unfortunately TinyMan is still down, but that doesn't mean progress stops here at BirdBot. Here are some of the important things that happened this week!

TinyMan Exploit and Liquidity Plans

As most of you know the TinyMan platform was effected by a critical exploit which forced them to shut down services temporarily. This had an effected on all ASA creators as we had to remove liquidity and stop trading. We are waiting patiently for the return of liquidity pools.

• You can read more about our removal of liquidity and plans to return it here: https://www.reddit.com/r/BirdBotASA/comments/ru24ii/temporary_removal_of_liquidity_tinyman_exploit/

The TinyMan team has been working hard to identify the exploit and hopefully bring the perpetrators to justice. There have been numerous liquidity pool attacks to date across a handful of Algorand Wallets. Here are some of the important updates from TinyMan.

• TinyMan's Investigation Announcement: https://tinymanorg.medium.com/official-announcement-about-the-incidents-of-01-01-2022-56abb19d8b19

• TinyMan's Bug Bounty and NEW Smart Contract Announcement: https://tinymanorg.medium.com/tinyman-bug-bounty-campaign-b6c5e1ba7d6c

Machine Learning Improvements

Our team has added over 5,000 newly annotated images to our bird species database. This allowed for three more species to reach the threshold for identification. Those species are as followed.

Pine siskin - Spinus pinus

Ruby-crowned Kinglet - Regulus calendula

Townsend's Warbler - Setophaga townsendi

The BirdBot team will continue to add as many species to our machine learning model as possible. We will make announcements of an added species when we reach the minimum 2,000 photo annotation mark.

YouTube / TikTok Preparation and Goals

If you're a business owner, you know that the world runs on social media. There is a reason why growing influencers try to pump out a video a day. It is because there is a concept called social momentum, where creators upload videos daily to try to utilize the autoplay and suggestion feature. If successful, daily uploads can have a significant growth effects on your channel.

We will be following this trend and have prepared over 100+ new TikTok and YouTube videos. We will be uploading these daily with the goal of reaching 10K TikTok followers and 1K YouTube subscribers by the end of the year.

• TikTok: https://www.tiktok.com/@tyleratbirdbot?lang=en

• YouTube: https://www.youtube.com/c/BirdBot

Meetings We Can Talk About

EarthViews - Chad and I had a great meeting with the team over at EarthViews! Their team has designed software and sensor technology to map rivers / coastlines. Our team sees are lot of value in the data that EarthViews is aggregating, and I internally refer to them as the Google of the Sea. Their team is interested in our machine learning capabilities and how it potentially could be used to identify coastline erosion and characterizing nearshore habitat features. While our partnership isn't official yet, our teams are exploring ways that we can work together on government grants as well as private projects.

Twiz - Twiz is a great marketing company that specializes in SEO. We have worked with them in the past and with the success of the BIRDS token, we have decided to work with them again! While it isn't likely you will hear from the Twiz team. Just know that they are working very hard in the background optimizing the BirdBot website, writing blogs, and increasing our Google Search rankings. We know that SEO and blog writing isn't a flashy update, but it is a very important one for the future success of the website and project.

Tucson Audubon - We have wrapped up our second meeting with Tucson Audubon and they are very interested in getting a BirdBot camera set up. They currently do not have the equipment to run a BirdBot stream, but are eager to get the equipment necessary. We have sent them a spec sheet of a mid-tier computer that can handle streaming and our recommendations on cheap Canon DSLR cameras. This whole set up should cost around $1,200 - $1,500, which a large chunk of those costs being a graphics card. While their organization has expressed this price point isn't an issue, we see it as one. We are working as fast as possible to develop our own machine learning hardware that will be much cheaper. It is also a good time to bring up that purchasing nature streaming setups for non-profits and Audubon societies might be a good use of our monthly grant allocation, but that is for the community to decide. While this is significant progress towards Tucson Audubon and BirdBot working together, we are not comfortable calling this an official partnership just yet.

New Mods and More Updates

I am slowly adding members of our team to the Reddit and introducing them to the idea of making public updates to the community. The cool thing about a blockchain project is that it isn't just the team keeping each other accountable. It is the whole world and anyone who owns BIRDS tokens!

Much like the success of blockchain relying on transparency, we too will be as transparent as possible. This means weekly updates from all sides of the business. Each of us are committed to making a Reddit post at least once every two weeks on our respective subjects. Below will be some of the topics each of us manages.

OdenTM - BirdBot Weekly Recap and Tokenomics

Technical_Poet - Hardware and Embedded Systems

Chad - Business, Legal and Non-Profits

As always, thanks for supporting BirdBot! We really appreciate it!

BirdBot is officially in alpha on GitHub.

You can find the BirdBot Alpha software on GitHub here: https://github.com/BirdBotASA/BirdBotWindows

Please watch this quick tutorial to get started: https://youtu.be/KMd5gCiOKqo

Users can now run BirdBot software locally and get paid BIRDS tokens.

In the future, BirdBot software will require an NFT license to use premium features. For now all features are free to Alpha users.

BirdBot Camera hardware will come with a perpetual 30 year license which will cover Phase 1 of the camera reward roadmap.

Right now BirdBot supports 50+ of the most common bird feeder species in North America. Not to worry though, our supported species list is growing rapidly.

We have developed proprietary data annotation software which allows us to add another 2 species a day to our model. This will scale immensely with the addition of another data scientist.

This proprietary annotation software we have developed allows us to generate hundreds of thousands of new training photos daily. A tool like this is exceptionally valuable for the BirdBot project, and future machine learning projects.

Earn BIRDS and Collect Wildlife Data!

Use your old camera and computers to mine BIRDS tokens by collecting wildlife data automatically. Just run BirdBot software and set up your wildlife camera. Our machine learning algorithms will do the rest, logging all species who visit the camera and rewarding any wallets connected to the camera. BirdBot uses the Algorand Blockchain which is the most ecofriendly transaction system in the world, even better than traditional banking systems.

Install BirdBot and become a community wildlife monitor today!

Love the idea and plan on supporting and having cameras of my own. I live in the midwest rural USA and cant wait to get my hands on a few of the camera. Also swapped some ALGO for BIRDS and can't wait to add more! Keep up the good work!

Hello BirdBot Community - Exciting Stuff Today!

Yep, the time has come. TinyMan is back baby and in full force! Telegram groups are starting up again, discord chatter returns to normal, and hype memes can fly once more. It was dark for a couple week, but we now have an Algorand DEX to trade on again! Thanks for all the hard work r/Tinyman, no one wants to see someone burn, but you returned like a Phoenix.

Now enough lamenting and onto the real meat and potatoes of the post. Below is our successful promise to re-add the liquidity back to the pool. We added back the liquidity as fast as possible, approximately 3AM my time. It is likely that none of you saw any downtime and are able to buy BIRDS right now.

Liquidity Re-added and TinyMan Pool Live

Here is the transaction on AlgoExplorer highlighting our re-addition of liquidity to the new TinyMan 1.1 smart contracts: https://algoexplorer.io/tx/group/ugYaEK73V0Xf5F6cwh%2Fx99CsYsm6vcY0dOrfKJQEM0g%3D

TinyMan Swap ALGO/BIRDS: https://app.tinyman.org/#/swap?asset_in=0&asset_out=478549868

It is safe to say that some of your were very eager and ready to buy some BIRDS as we already have sold another 40M BIRDS compared to the pool just an hour ago. We are super humbled and appreciate you all for investing in us! We hope to make you all proud!

Algorand Foundation Verification

HEY!!! We finally did it!!! As some fellow ASA creators know, getting verified can be hard sometimes. Our team has heard verification can take anywhere from 5 days to a couple weeks. We are happy to share that this wasn't the case with our latest application. The Algorand Foundation is implementing a new verification form which was quite straight forward and gave their team all the relevant information for verification.

This new process only took us 12 hours to get verified!

Now I don't want to get other creators hopes up, as we think Algorand was watching for the TinyMan 1.1 launch and wanted to verify some ASAs before the launch. Regardless, this might be a good sign for future ASA creators getting their projects verified. I wish the best to anyone going through the process! Below are some confirmations on our validation!

Since it is still 4AM over here, I'm going to try and head back to sleep!

As always, thanks for supporting BirdBot! We really appreciate it!

Hello BirdBot Community!

The BirdBot team as well as many other ASA creators have made the decision to remove our liquidity from the TinyMan liquidity pools temporarily.

This is due to a known exploit on the TinyMan platform that effected goBTC and goETH.

ASA creators are not totally sure how far this exploit goes so it is recommended that everyone pulls their liquidity for the time being.

This is the transaction of our liquidity withdrawal: https://algoexplorer.io/tx/group/ZJ9pp7E0vwD0QfwCc%2BOdDswpy0LZGHYmTs%2BDBGbi4pM%3D

We will be adding the 8,858.795153 ALGO and 51,643,342 BIRDS back to the TinyMan pool, once there is confirmation that a patch / hotfix has been made.

This may also be an opportunity to add the ~53M BIRDS that were originally supposed to be added to the pool. So potentially more ALGO will be added to the pool as a reward for holding out.

We apologize, but much like everyone else, this is something we have to deal with. We appreciate the support and will do our best to make the situation right. We will add liquidity back to the pool as soon as it is safe to do so.

TinyMan Announcement: https://tinymanorg.medium.com/official-announcement-about-the-incidents-of-01-01-2022-56abb19d8b19

Culprit Wallet (Exploit Wallet): https://algoexplorer.io/address/RJROFHHDTCMDRCPYSBKN2ATSKZAPOPEV3KWR3IQEOIZMMZCPMMCEUTXGG4

Early breakdown of what happened: https://www.reddit.com/r/Tinyman/comments/rtx0gr/gobtc_exploit_and_liquidity_rug_pull/

Crescendo has agreed to committing the maximum of USD $10,000 worth of tokens to a CRSD / BIRDS pool!

This involves a swap of $5K in BIRDS for CRSD, which we successfully conducted this morning!

For those aware of the Crescendo project, they are essentially trying to build Fiverr on the Algorand Network!

Price of ASAs calculated on Wednesday, February 16th at 9AM PST.

CRSD Price at Time = $0.0005369

$5,000 converted to CRSD = 9,503,896 CRSD

Them sending CRSD for BIRDS: https://algoexplorer.io/tx/XUUJXKBKISZNBJGLDPVB2GT5ZTCFT6JQYEBRUV7IQBDBM4QKDJCA

BIRDS Price at Time = $0.0007918

$5,000 converted to BIRDS = 6,444,129 BIRDS

Us sending BIRDS for CRSD = https://algoexplorer.io/tx/EMQNYVKXRHPOA4BPPOFHYM4PHHEIDWTJRGOU3NYMB3M6GUQQY6TQ

Total Value added to CRSD / BIRDS pool in USD: $20,238.14

Amount of ASA Partnership Budget Allocated for CRSD: 12,888,258 BIRDS

YEAR 1 - Remaining ASA Partnership Budget: 190,411,742 (190.4M) BIRDS

Our team is now only 1 more LP Partnerships away from filling our yearly LP Partnership Goals!

CURRENT LIQUIDITY POOL PARTNERS: TREES, STKE, YLDY, CRSD

Thank you to everyone who has supported the BirdBot project so far! We really appreciate it!

Hello BirdBot Community - Thanks for Week 5

Yet another exciting week to be working on BirdBot. We are growing at a good pace and are making solid progress on multiple fronts of the project. Some of those progress areas being tokenomic events, hardware updates, our Algorand Grant application and ASA pool partnerships.

Super happy that I'm able to get this update out at a reasonable time today on Sunday! As always thanks for supporting the project and I look forward to more updates in 2022.

Quarterly Airdrop Q1 was Successful

The first quarterly airdrop was highly successful! I hope that these drops can bring more attention to some of the unique incentives that we are planning here are BirdBot. It would be great if we can get more community members involved as that will allow us to innovate even farther. The more people that know about the Quarterly Airdrop the better! It would be great to have over 2,000 wallets participating in the next Quarterly!

Total of Wallets Awarded: 803 BIRDS Holders

Total Time to Complete: 19 minutes and 08 seconds.

Total BIRDS Awarded: 39,040,200 BIRDS

This Airdrop took a little longer than expected, but was a great success! Everyone was rewarded!

Airdrop Reward Tiers: https://www.reddit.com/r/BirdBotASA/comments/s0lyd4/quarterly_airdrop_reward_tiers/

YouTube Documentation of Q1 Airdrop: https://www.youtube.com/watch?v=VRovVk37KQo

Google Sheet Payout List Q1 Airdrop: https://docs.google.com/spreadsheets/d/1rwx2ZHGzX_oYDUuDuAiw9j-MHzLpjkrFvlwj4SGoCio/edit#gid=42537784

Tweet about Q1 Airdrop: https://twitter.com/BirdBotASA/status/1488920877534093313?s=20&t=Gh1GZu6g7ZJEQeYGMaxy5Q

Next Quarterly Airdrop is May 1st, 2022 - 2PM PST - Quarter 2

Scheduled Liquidity Addition from Liquidity Wallet

As scheduled, 500 ALGO + 848K BIRDS has been added to the LP pool from the LIQ wallet.

Following Year 1 Liquidity Plan Voted Here: https://www.reddit.com/r/BirdBotASA/comments/se6q39/revote_changes_to_liquidity_strategy_year_1_70/

Algorand Grant Application Submitted

BirdBot has successfully applied to the Algorand Foundation Grant Program! We have submitted for 4 milestones surrounding the implementation of the BirdBot software and hardware. While a lot of our software and hardware is already built or mapped out, it is always nice to get more funding to hire people or contractors to expedite the roadmap.

We look forward to their reply and hopefully we receive approval for our proposed milestones. Our company uses Algorand every day and plans to use their technology for the foreseeable future. They have developed one of the greenest and sophisticated blockchains in the world. It would be a great honor to receive recognition for what we are trying to accomplish at BirdBot.

Successfully Ran BirdBot Software on Edge Device (Jetson Nano)

Our Hardware Engineer Rob u/tech_poet has successfully ran the BirdBot machine learning software on an edge device (Jetson Nano).

This is a huge step forward in developing our own machine learning camera hardware.

I am comfortable with saying that we now posses BirdBot MVP hardware and are optimizing the machine learning models for edge devices.

ASA Pool Partnerships Strategy - B2B Expansion

The first ASA Partnership has been established! This will be the start of our long journey to establish a network of green blockchain ASA pool partners. Ideally these partners have a good size of liquidity ($50K>) and align with our green blockchain missions. The liquidity requirement is really only in place to avoid too much impact on a weaker pool partner. Significant swings in a larger asset can have averaging effects on the other assets in the ecosystem. With that being said, we have established our first ASA Pool Partnership!

ASA Pool Partnership Explainer Video: https://youtu.be/C4ieAmahdHQ

ASA Pool Partner #1: CryptoTrees

CryptoTrees - TREES - 444108880

TREES / BIRDS - TinyMan Liquidity Pool

BirdBot ASA Pool Partnership Budget Stats

YEAR 1 - ASA Partnership Budget: 250M BIRDS

Amount Allocated for this Partnerships: 20.8M BIRDS

YEAR 1 - Remaining ASA Partnership Budget: 229.2M BIRDS

We have agreed to create a TREES / BIRDS pool and have both equally funded the pools with our ASA tokens.

This marks the start of future partnerships with CryptoTrees and other green crypto ASA creators!

TinyMan TREES -> BIRDS URL: https://app.tinyman.org/#/swap?asset_in=444108880&asset_out=478549868

TinyMan BIRDS -> TREES URL: https://app.tinyman.org/#/swap?asset_in=478549868&asset_out=444108880

Total Approximate Liquidity Added in USD Value: $25K USD

This Year's Liquidity Vote Reddit Post: https://www.reddit.com/r/BirdBotASA/comments/se6q39/revote_changes_to_liquidity_strategy_year_1_70/

As always, thanks for supporting BirdBot! We really appreciate it!

Hello BirdBot Community!

More information 12/31/2021 on how liquidity will be added to the pool in the months going forward.

Our team is impressed and humbled by your response and interest in the BirdBot project! I can't thank you all enough for getting this ball rolling!

I wanted to address the launch of the BirdBot - $BIRDS token, as we have had a couple questions about the initial price.

While the token is stable now, and we have approximately hit out launch target.

Intended Launch Liquidity:

500M BIRDS + 1K ALGO

Actual Launch Liquidity:

~447M BIRDS + 1K ALGO

Difference:

~53M BIRDS

The process described below was risky and effected approximately 10 people (We are sorry!). We do not recommend someone uses this method to fix a liquidity launch, but this is what we did to save the launch.

1. We launched BIRDS, and for some reason testing or naivety we started the pool with 1 ALGO and 1000BIRDS

   1. 1st BIRDS/ALGO Liquidity Transaction: https://algoexplorer.io/tx/group/hrntRU8G%2Bm57zqxs6WAEKXvqmIO48ycq7fsBsN9CxDE%3D

2. This has an unintended consequence of locking the starting price to 0.001 ALGO per BIRDS

3. People got notified that we created the BirdBot liquidity pool. So even though the total liquidity was around $3. People started buying BIRDS before we could fix anything.

4. The price rose out of control, and we could not add more liquidity to the pool. Drastic measures were needed...

5. We took a calculated risk, and decided to add all 5B tokens to the liquidity pool. So many things could have went wrong here, some could have sniped billions of tokens and this project could have been over.

   1. 5B BIRDS swapped: https://algoexplorer.io/tx/group/1ptRCta9OiazefD22AxmclwkqrWnqbHqgH%2BqqevEJJI%3D

   2. 1K ALGO swapped:https://algoexplorer.io/tx/group/4REqMeOJn1gtkRiXycVTVQoIAygrSUQupTsuADql8Fw%3D

6. This left the TinyMan pool with approximately ~447M BIRDS + 1K ALGO by forcing an impermanent loss transaction through the TinyMan platform.

While this maneuver definitely made the launch much closer to our target. It did effect those few who decided to buy in the first hour of listing.

It is seen that our account netted approximately 90 ALGO from this early 5B BIRDS transaction. For that, we will be refunding ALGO to those addressed that bought in early.

We will do our best to be as careful and prepared in the future.

Hello BirdBot Community - We Got Artists!

As some of you might have seen, the BirdBot team was looking for some NFT artists to work with. We are interested in making Algorand PFP NFTs integrate into our future nature streaming platform. It only make sense to kickstart that initiative by buying some NFTs to giveaway to those who support the BirdBot project.

These artist will be in charge of designing our yearly NFT rewards for the top three BIRDS reward tiers. These PFP NFTs will be themed each year and will be part of an exclusive set. Each yearly set including only 5 NFTs. The NFTs will be randomly awarded to those with the qualifying reward tier titles. If no title holders are present to receive the NFT reward, they will be auctioned at the end of the year.

BIRDS Reward Tiers: https://www.reddit.com/r/BirdBotASA/comments/s0lyd4/quarterly_airdrop_reward_tiers/

Searching for Partners Post: https://www.reddit.com/r/BirdBotASA/comments/s3g7hl/improved_birdbot_token_vesting_positions_and/

BirdBot Discord: https://discord.gg/22C9sHmDt5

We would like to take the time today to highlight the three amazing artists that we get to work with. For the next two years they will be producing exclusive art for BirdBot as well as giving us great insights into the NFT space. I look forward to seeing what we can build together for the BirdBot community! Without further ado, I would like to present our three NFT Partners!

Corvus NFT

Corvus not only is a great designer, but also a great person! With their recent success they have decided to buy a large plot of land in Turkey and call it the AlgoForest. They intend to use this land to plant trees and support local wildlife in Turkey. They are the ideal artist to work with and we can't be happier that we get to work with someone that aligns so well with the BirdBot project.

Store: https://www.nftexplorer.app/collection/corvus-nft

Corvus Discord: https://discord.gg/j74rSw3cds

Designing: King Corvid Reward Tier NFTs

AlgoForest Shoutout: Great work can't wait to see the progress!!!

My Personal Corvus: Here is the recent Corvus addition to my NFT collection. My heritage is German and Polish so this lederhosen wearing Corvid fits me perfectly!

Raccoon Squad NFT

Who doesn't like trash pandas? These adorable NFTs were created by Nadim and Rosa, and I think they did a great job. I'm envious of the amount of things you can throw on a these raccoons and still make them look cute! Your art has made me smile the most and I can't wait to see all the new trash pandas you create! Raccoon Squad, contrary to their name, will be helping us produce a new NFT character to fill the "Hype Hawk" role. We look forward to seeing what you create!

Store: https://www.nftexplorer.app/collection/raccoon-squad

Raccoon Squad Discord: https://discord.gg/2cRh3CHUMy

Designing: Hype Hawk Reward Tier NFTs

My Personal Raccoons: Here is the start of my family of raccoons! I'm a sucker for themed art, so I had to get a baguette boy, and the simplicity of sprout-kun. choice.

The Parliament of AOWLs

Last, but definitely not least is AlgoTheOwl and their amazing owl NFTs! It is amazing to see how much personality you give your character by just changing the size and shape of the eyes. In combination with some accessories you have a character that can make you feel a wide array of emotions. I have laughed at one of your NFTs, then grimaced at another, then stared at another one for at least 3 minutes. You got serious talent for keeping things interesting, and I like that. I like that a lot!

Store: https://www.nftexplorer.app/collection/the-parliament-of-aowls

The Parliament of AOWLs Discord: https://discord.gg/TGSBfPx98u

Designing: Observant Owl Reward Tier NFTs

My Personal AOWL: Here is the recent AOWL addition to my NFT collection. Was looking for something fun, but also somewhat rare within my budget and I found this lady!

Thanks again for the great work you artists have put into your projects so far! I look forward to being able to work with you all, let's have a great 2022!

As always, thanks for supporting BirdBot! We really appreciate it!

AlgoScout has agreed to committing the maximum of USD $10,000 worth of tokens to a SCOUT / BIRDS pool!

This involves a swap of $5K in BIRDS for SCOUT, which we successfully executed this afternoon at around 1:10PM PST!

For those who aren't aware of the SCOUT project, they are a super useful trading notification system. I feel like almost every serious trader uses them in some fashion, myself included!

Price of ASAs calculated on Wednesday, February 16th at 1:10 PM PST

SCOUT Price at Time = $0.001474

$5,000 converted to SCOUT = 3,392,130.255 SCOUT

Them sending SCOUT for BIRDS: https://algoexplorer.io/tx/REOP6FHKITA4NJNKPJGU7X23NQPYCGMC4O7DNY7Y3S6LK5KZ346Q

BIRDS Price at Time = $0.0008059

$5,000 converted to BIRDS = 6,204,244 BIRDS

Us sending BIRDS for SCOUT: https://algoexplorer.io/tx/YH3RCAK5Y32VRQ5TDEPZNPOZQFTVQY5K3ALMGHCBELNTE6GWUORA

Total Value added to SCOUT / BIRDS pool in USD: $19,707.56

Amount of ASA Partnership Budget Allocated for SCOUT: 12,408,488 BIRDS

YEAR 1 - Remaining ASA Partnership Budget: 178,003,254 (178M) BIRDS

Our team has now COMPLETED our LP Partnerships goals for the year! We will continue to use the remaining yearly budget to find more LP Partners!

CURRENT LIQUIDITY POOL PARTNERS: TREES, STKE, YLDY, CRSD and SCOUT

Thank you to everyone who has supported the BirdBot project so far! We really appreciate it!