BIDSHOP logo
WebsiteEnjinstarter LaunchpadPoolz Launchpad

BIDSHOP (BIDS)

IDO

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

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Overview

Project industryOther
Product typePlatform
FoundedIsrael
WhitepaperBIDSHOP White Paper Open

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.

Details

IDO (Enjinstarter Launchpad): Jun 29, 2023 - Jun 29, 2023
IDO (Poolz Launchpad): Jun 30, 2023 - Jun 30, 2023
Token supply: 1,000,000,000 BIDS
Total tokens for sale: 6,000,000 BIDS

Legal

Registration year: 2022

Token info

Ticker: BIDS
Type: Utility-token
Token price in USD: 1 BIDS = 0.025 USD
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%

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

Project team

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

Social media

BIDSHOP web-siteBIDSHOP MediumBIDSHOPYouTubeBIDSHOP TelegramBIDSHOP LinkedInBIDSHOP X (Twitter)BIDSHOP Discord

MVP

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