The company profile and the project looks impressive to me. Having ICO and Exchange in one project is superb, for sure this will be in the top 100 coin in no time. I just have some questions about biding. How does biding works in this project?
BIDIUM is a decentralized cryptocurrency exchange which combines the power of Advance
Auction with Freelance Hiring on top of Blockchain Technology. It acts as a bidding
marketplace for buyers to purchase by bidding and a freelance platform to employers, who
are looking to hire freelancers. The transaction could be made with the aid of more than 10
coins. The exchange accepts BIDM (Bidium native token), Bitcoin, Ethereum, Litecoin and
other coins that will be announced at a later stage.
The platform offers buyers and sellers the opportunity to save time as there is a limited time
period of 24 hours to bid for any product. This will provide sellers an assurance of getting
authorized buyers only, which in turn prevent their products from being blocked by
malicious buyers. In addition to this the freelance platform will give both freelancers and
employers the opportunity to use our native coin by paying only 0.1% charges while the use
of another coin will attract 1% charge.
The major benefit to the sellers is they will get 50% Ad profit shares, regardless of whether
their products are sold or not and if their products are sold, even buyers also will get 30%
Ad profit shares if product sold. Sellers have the opportunity of selling multiple quantities
of the same product on different slots.
The platform offers an adequate exchange solution along with an effective freelance
platform backed up with an interactive interface to make it a delightful experience for the
users. The platform facilitates light and fast trading technique with 50% generated revenue
from trading. The revenue will be distributed among all BIDM token holders i.e. usually
stored on the BIDIUM wallet. There is no transaction fee for the transfer of BIDM tokens
between BIDIUM platform users. In addition to this, only a 0.05% trading fee will be charged
on exchange platform and it will be further reduced to a 0.01% trading fee for BIDM token
holders. An offline wallet will be developed to store BIDM securely. The BIDM token will
also be used to bid for products on the BIDIUM marketplace.