If you are interested in this, it seems that you must have some ideas about fiat or crypto currencies. If not, you should do some homeworks to find out more about them. There are thousands of articles which will tell what they are. You can seek for some keywords like BTC, ETH or ICO. You can understand the concept of blockchain at: https://en.wikipedia.org/wiki/Blockchain
Okay, if you have already done your homework, I can now tell you why I am writing this newspaper. In this era of technology development, ICO market is similar to the Wild West during the time of gold rush. If you know the way, earning good money is not some difficult, but you have to find a good-enough project to go for. Here is one among the interesting projects which I am really excited to share with you: Blockbid.
What is Blockbid?
Blockbid is an ultra-secure exchange with the goal of facilitating the highest volume of trades for the most cryptocurrencies with a single login. Blockbid is being designed to help traders overcome three main issues; the inconvenience of needing to sign up to multiple exchanges, the unease associated with having coins scattered across multiple (and potentially untrustworthy) exchanges, and missed investment opportunities caused by time lapses in transferring funds between different platforms.
Blockbid Tokens: Each token provides a 100% discount off the 0.1% flat fee.
Blockbid’s features
- Easy Access
Our platform has been built to support traders of all experience levels - Speed
Blockbid’s exchange is built from the ground up to be scalable up to 1 million transactions per second - Best Rates
With flat 0.1% transaction fees, Blockbid offers the lowest rates available - Insured
Blockbid’s exchange is one of the first to be fully covered by cybersecurity insurance - Secure
95% of all crypto asset deposits are stored in an offline multi-signature hardware vault. - Fiat Currencies
Blockbid will support mainstream fiat currencies for more diverse trading - Cryptocurrency
Blockbid will facilitate trading of more coins on a single platform than any other exchange - Compliant
Blockbid operates in accordance with Australian AML/CTF guidelines
A review about Blockbid
Blockbid is among the projects that I have found potential in this blockchain era. Below are some reasons why I am telling this:
-Blockbid receives AUSTRAC License even before their beta launch
Melbourne-based cryptocurrency exchange Blockbid announced that it has become the third recipient of an AUSTRAC (https://www.financemagnates.com/cryptocurrency/news/cryptocurrencynews1200-crypto-related-scams-reported-australia-2017/) license. This license will allow the exchange to legally operate within the island-continent, according to Australian law.
The AUSTRAC license will guarantee safety and transparency of the platform, as well as ensure its compliance with the regulatory rules. Blockbid received the license prior to the launch of the beta version.
- Blockbid has a strong team:
The team of Blockbid consists of probably the strongest tech members who have many years experiencing in blockchain industry. Coupled with experienced advisors, the team is perfectly prepared to deliver an impeccable product to the global market. The team is led by Ben Sapper as the CEO and the co-founder.
Ben is an accomplished entrepreneur who has founded many successful companies. He is currently involved in the operation of several affluent commercial businesses, including a facilities management company called Driven Facilities Management.
View his profile more at: Linkedin (https://www.linkedin.com/in/ben-sapper-204821101/)
- Blockbid has been doing good with social media platforms
Blockbid aims at gaining popularity via social media channels and bounty programs. They have around 5,800 followers on Facebook, which is an impressive number. You can be a part of their groups in order to be updated with the lastet information by clicking here:
- Facebook: Blockbid (https://www.facebook.com/blockbid/)
- Twitter: Blockbid (@blockbid_io) | Twitter (https://twitter.com/blockbid_io)
- Blockbid has the well-built documentations
The detailed 12-page whitepaper of Blockbid in English is available at: http://www.pressat.co.uk/media/uploads/b1fab2d4dcd51e76c71f6bfdd3eb4cd1.pdf
It contains the information about the project. This white paper is very nicely-designed and the information is illustrated in details. This has illustrated the great effort that the team has been put in this project.
Besides the good whitepaper, the website is also very detailed, contains all necessary graphics and information about the token sale and the project. The website is designed in an innovation way which also gives the links to social media pages and documents.
Tokens detail
There is a minimum contribution amount of 0.1 Ether and a maximum contribution amount of 100 Ether for individual participants. There is a hard cap of 3 million BID tokens and a soft cap of 1 million BID tokens. The gas limit should be set at 250,000 in order for the smart contract to execute.
The following bonus schedule is in place for contribution:
Week 1: 1 ETH = 360 BID
Week 2: 1 ETH = 340 BID
Week 3: 1 ETH = 320 BID
Final week: 1 ETH = 300 BID
The Blockbid token is an ERC-20 token and only Ether is accepted as contribution. Funds must be sent from an ERC-20 compatible Ethereum wallet. Funds should never be sent from an exchange wallet (Coinbase, etc.). The Ethereum address is live on the Blockbid site and funds should be sent to that address.
BID tokens are distributed to contributors immediately after contribution and once the transaction has been confirmed. There are a total of 30 million tokens that can be created, with 80% of them being available during the ICO.
In conclusion
Blockbid’s concept can be easily understood by everyone. Due to the demand, Blockbid helps to contribute to the cryptocurrency world.
There is no reason to hesitate to become a part of Blockbid. Let’s participate in this project as soon as possible because the sooner you support the project by buying its tokens, the better price you mаy expect аlong with higher bonuses. So far, the project looks promising according to my analysis.
Please:
If you found this article helpful or you just simply appreciate the information I have curated and the analysis I have provided, please support me by liking and sharing this article. You can also follow me to stay updated with the most remarkable ICOs coming in the next articles.
More importantly, if you find this project valuable or interesting as I do, please support it via the social media channels which I have given the links below.
Interested readers can take a closer look at the following links:
Website: https://blockbid.io
Whitepaper: http://www.pressat.co.uk/media/uploads/b1fab2d4dcd51e76c71f6bfdd3eb4cd1.pdf
Author: Tram Nguyen
Bitcointalk profile link: http://bitcointalk.org/index.php?action=profile&u=1417448
Contact: [email protected]
Telegram: @joseph_ive