BIDSHOP logo

BIDSHOP (BIDS)

Status
IDO

BIDSHOP is an exciting project that has introduced a gamified auction house specifically designed for Non-Fungible Tokens (NFTs) and DeFi.

BIDSHOP White Paper Whitepaper

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Interest lvl
NA
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User Rating
Medium
3/5 1 votes
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Ticker
BIDS
Type
Utility-token
FoundedIsrael
Registration year2022

What is BIDSHOP

BIDSHOP – A Gamified Auction House for NFTs and DeFi built on Polygon Network.

BIDSHOP is the first fully privatized on -chain Auction House introducing new ways to generate liquidity for all web3 assets.

The combination of BIDSHOP's [Privacy-as-a-service] encryption layer on top of any EVM network, creates new and innovative possibilities to generate liquidity for any web3 asset.

Both crypto protocols & individuals can use BIDSHOP to quickly generate liquidity through a variety of auction products.

BIDSHOP Roadmap

1
Q1 2023
  • Testnet finalize testing
  • Validate trustless encryption process end-to-end
  • Launch beta mainnet
2
Q2 2023
  • BIDSHOP Hammer NFT Mint
    • Free mint for early supporters
  • TGE and Airdrop
  • Release Staking veBIDS + volume rewards arbitrage mechanism
  • Initial Bid Offering(IBO):
    • The crown jewel of BIDSHOP innovation
3
Q3 2023
  • Release DAO governance
  • Initiate OmniChain auctions with encryption
  • Silent NFT Auctions
  • Fair launch Auction (For IBOs and NFTs)
4
Q4 2023
  • SDK Release for 3rd party integration
  • Autonomous Auction deployment for stakers:
    • Enable bribes for shifting Auction liquidity
  • Debt Auction for underwater positions
5
Q1 2024
  • Enable tokenized assets in auctions
  • Access credit for Small and medium businesses with secret bidding
6
Q2 2024
  • Privatize money market including lending and borrowing
  • Privatize transactions directly on L1

Token Sale Dates

IDO

Start date: Jun 29, 2023
End date: Jun 29, 2023

IDO

Start date: Jun 30, 2023
End date: Jun 30, 2023

Token Allocation

Total Token Supply 1,000,000,000 BIDS
Total Tokens for Sale 6,000,000 BIDS

Token distribution


Volume Rewards - 52%
Staking Rewards - 17%
Founding Team - 7.625%
Treasury - 6.162%
Strategic Sale - 6.08%
Advisory - 4%
Marketing - 3%
Liquidity - 2.333%
Public Sale - 1%
Airdrop - 0.8%

Token Price and Payment Options

Token price USD 1 BIDS = 0.025 USD

Project team

Aviv Farhi
Aviv Farhi
Chief Executive Officer
Aviv Farhi linkedin-team
Spencer M.
Spencer M.
Blockchain Developer
Spencer M. linkedin-team
Alon Buchshtab
Alon Buchshtab
Software Developer
Alon Buchshtab linkedin-team

Social media

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