Bidao (BID)ICO BiDao is a new blockchain system that creates a trustless stablecoin and a new decentralized financial tool that allows leveraged trading in a trustless setup. Moreover, BiDao is a one-stop-shop for DeFi applications. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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What is Bidao
What is BiDao?
BiDao is a new blockchain system that creates a trustless stablecoin and a new decentralized financial tool that allows leveraged trading in a trustless setup. Moreover, BiDao is a one-stop-shop for DeFi applications.
The Problem
At the moment there is no trustless stablecoin that is blockchainagnostic and allows different crypto assets as collaterals. The only similar system is MakerDAO, but MakerDAO is completely dependent on the Ethereum Blockchain and therefore not able to interact frictionless with other crypto assets. The decentralized finance (Defi) market is growing each day and users are looking for new tools that can be used in the new decentralized financial world.
The Solution
BiDao is building a new blockchain system that is dedicated to DeFi. In the beginning, BiDao will be completely integrated with the Binance Blockchain and BNB will be used as the collateral. In the future also other Blockchains will be integrated into the BiDao ecosystem. Our goal is to create a blockchain-agnostic ecosystem for Defi applications.
Fundraising
To finance the implementation and marketing of the BiDao platform a fundraise will be conducted. During fundraising, the BID Token will be sold. The BID Token is a BEP-2 compliant Token that is running on the Binance Blockchain.
DetailsPublic sales: Sep 06, 2019 - Nov 30, 2020Token supply: 2,600,000,000 BID Total tokens for sale: 1,950,000,000 BID Hard cap: 19,500,000 USD LegalBlockchain Platform: BinanceCountry limitations: China, Singapore, United States of America, Canada, Hong Kong, South Korea, Afghanistan, Crimea Peninsula, Cuba, Eritrea, Gaza Strip, India, Iran, Iraq, Kosovo, Lebanon, Libya, Myanmar, Palestine, Somalia, South Sudan, Sudan, Syria, Venezuela, Yemen, North Korea Office address: Bachweg 12 86879 Wiedergeltingen Germany | Token infoTicker: BIDToken price in USD: 1 BID = 0.01 USD Accepted currencies: BTC, ETH, LTC, BCH, XMR, USD Token distribution: Tokensale - 75% Founders - 5% Developer Bounties - 5% Marketing Bounties - 13% Advisory Board - 2% |