In this article, I am going to talk about Bid4bit. BID4BIT is a community-driven CRYPTO BIDDING Minting and marketing place platform that will be powered by our utility token BID4BIT. It is worthy to note that this is an Elon Musk-inspired CRYPTO BIDDING (Non-Fungible Token) Defi platform that embodies a decentralized CRYPTO BIDDING minting protocol where you can mint and turn your works of art and collectibles into CRYPTO BIDDINGs and also a decentralized CRYPTO BIDDING Marketplace where you can sell your CRYPTO BIDDINGs. We also plan to develop a social media platform where art creators can connect with fellow art lovers from all over the world on the online marketplace built on the Binance Smart chain.
Basic Details of this project
BID4BIT offers a decentralized CRYPTO BIDDING minting application where people can convert their art pieces and creative content into CRYPTO BIDDINGs and sell it in the marketplace. BID4BIT has specifically designed such a platform for creative individuals and content creators who don’t have access to any reliable and trustworthy platform to sell their art pieces in the form of minted CRYPTO BIDDINGs. BID4BIT has stepped into the market to give a solution to the problems of content creators. BID4BIT plans to become a source of contact between sellers, buyers, and art lovers. It wants to provide its services where people can conveniently convert their art pieces into CRYPTO BIDDINGs through the process of minting.
About CRYPTO BIDDING and how it works
A digital asset that reflects real-world elements like art, music, in-game items, and films is known as an CRYPTO BIDDING. They're bought and traded online, often using cryptocurrency, and they're usually encoded with the same software as many other cryptos. CRYPTO BIDDINGs are also one-of-a-kind, or at the very least one of a very small run, and contain unique identifying codes. “Essentially, CRYPTO BIDDINGs generate digital scarcity,” explains Arry Yu, managing director of Yellow Umbrella Ventures and chair of the Washington Technology Industry Association Cascadia Blockchain Council. The term "non-fungible token" refers to a token that is not fungible. It's usually programmed in the same way as cryptocurrencies like Bitcoin or Ethereum, but that's where the similarities end. CRYPTO BIDDINGs are unique. Each contains a digital signature that prevents CRYPTO BIDDINGs from being substituted for or equaled. Because they're both CRYPTO BIDDINGs, one NBA Top Shot clip isn't the same as every day.
Tokenomics
The BID4 Token Sale will progress for 2 phases; Pre Sale will start on 3th June 2021, and will run until 30th June 2021 or 100M Tokens are sold. Public Sale will start on 1st July 2021, and will run until 30th July 2021 or 200M Tokens are sold. Participants will be incentivized to buy, hold, trade, and utilize BID4 Tokens to grow the online community and the bid4bit network. Token Details Ticker : BID4 Pre Sale price : $0.01 Standard : TRC10 Public Sale price : $0.05 Total Supply: 500,000,000 Total tokens sale : 300,000,000 Total 7,500,000 BID4 Tokens will be airdropped to 50,000 qualified members, in bid4bit's Airdrop program. To claim your free 100 BID4 Tokens, we ask you to join our social media comminuties. Please make sure your social media profile is not private! Share your referral link to earn 50 free BID4 Tokens per referral! Your free BID4 Tokens will be added into your bid4bit account. After Token Sale, you can use your free BID4 Tokens to bid on auctions. Airdropped tokens cannot be withdrawn to wallet. This Airdrop campaign will end on 1st July 2021, or when 7.5 million tokens are claimed
To know more:
Website: https://bid4bit.io/
Twitter: https://twitter.com/bid4bit_io
Whitepaper: https://bid4bit.io/whitepaper.pdf
Telegram: https://t.me/bid4bit
Instagram: https://www.instagram.com/bid4bit/
ANN: https://bitcointalk.org/index.php?topic=5342540
Facebook: https://www.facebook.com/bid4bit
Authorship
BitcoinTalk username : Crypto rev Thing
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2371318