Hello everyone!
And welcome to my new video review!
Which is dedicated to a one-of-a-kind decentralized auction site called DefiBids.
I will say right away that this project is completely unique.
Since its main feature is the ability for users
to place bets on packages of existing ERC - 20 tokens of the standard.
But how do you understand this, you ask?
And I will answer.
That when someone bids on any live auction package within the DefiBids auction site,
then anyone who bids will definitely receive a reward paid in ETH.
That you will agree is already very interesting and tempting!
In addition to auctions and related rewards,
you can easily receive additional rewards within DefiBids.
Which are already directly linked to the internal token of the BIDS platform.
What does this mean?
This means that 1% of each transaction will be distributed among all token participants.
This distribution will be based on the total number of BIDS tokens.
Which are set by each user.
To add to this and not without that pleasant news,
the opportunity for the user can use these rewards,
expressed in BIDS tokens, as they wish.
That is, withdraw them immediately, or reinvest them back.
Which you will agree is very nice!
Moreover, in addition to rewards for transactions,
users will also receive another additional reward.
Namely, the Award of the auction.
Which are enabled every time someone bids in an auction.
Where 35% of this bid is placed, it will be immediately sent to the participants.
In addition, such a large-scale and generous distribution
is based on the total number of BIDS tokens placed by each user.
By the way, as for the tokenomics of this project, everything is quite easy and simple.
First, the total number of tokens will be only 50 million BIDS.
Secondly, at the time of listing, the developers intend to block 250 ETH in the liquidity pool.
For a period of one year, i.e. 12 months.
And third, all marketing tokens will be gradually unblocked and issued monthly.
Which I already think is a very thoughtful and balanced decision!
At the same time, as you can see, the pre-sale will be divided into three rounds.
Each of them differs in the amount of ETH.
Which the team of founders plans to earn during the pre-sale of their tokens.
By the way, I would like to draw your attention to the fact
that the first round of pre-sales started not so long ago.
Namely, on August 30, 2020 at 22: 00 Eastern standard time.
As for the listing, the first exchange where BIDS tokens will be listed will be UNISWAP.
However, the development team does not intend to stop there.
Therefore, in the near future, their token will be listed on many other exchanges.
Therefore, in order not to miss these important events,
I and the founders of DefiBids strongly recommend subscribing to their telegram channel.
Where they regularly notify all their users of upcoming updates or changes.
So, subscribe and don't get lost.
At the same time, do not forget to subscribe to my channel, as well as click on the bell.
To continue not to miss the publication of the latest videos from me.
In the meantime, let's go back to DefiBids.
And let's talk a little bit about the referral program,
which will also be available as part of DefiBids.
And since I'm sure that many of you love cool platforms
and projects that have a generous referral program, DefiBids is just what You need!
Because when you recommend DefiBids to your friends,
you will automatically get 15% of Its bid.
All this will be paid to you in the form of ETH.
And this, as you already know, is very cool!
However, for those who are too concerned about the question of
"How does the company make money?"
Then I will be happy to answer.
That it just charges a 1% Commission on each auction.
Moreover, within the framework of the referral program,
here will be other interesting rewards available.
Which in turn will only be available to the best referrals.
What does this mean?
This means that the top 10 referrers
who link to the most active users will fall into the category of random referrals.
That is, if one of the users goes to the site,
registers and does not use the referral link,
then as a new user, they will be randomly assigned as one of the top 10 random referrers.
And this, you will agree, looks very interesting and unusual.
At the same time, if you were careful,
you may have noticed that the DefiBids site itself is very informative.
And it doesn't have its final form yet.
However, the developers have their own reasons for this.
First of all.
Some details of the auction are still being finalized.
Secondly.
They don't want to reveal some of their developments prematurely without waiting for the main launch.
In order not to be exposed to the theft of their main idea.
Which is actually logical.
And third, the developers of DefiBids sincerely believe
that they can change the way they buy and sell various ERC20 tokens.
Of course, many of you may be repelled or even scared off by this approach.
However, as the founders themselves say, they are not afraid of this.
On the contrary, this will eliminate the very part of people
who are not able to assess the full potential of DefiBids,
which it is about to demonstrate to everyone.
However, to get even more answers to your questions,
you can always refer to the "frequently asked questions"section.
Or, go to their official telegram chat.
And ask everything there.
Well, this is my release smoothly came to an end.
I hope it was not only informative, but also useful for you.
So put your likes and don't forget about the comments.
This is the only way to motivate me to record even more new videos for you.
Well, let me remind you that I was also in touch with your Crypto Lady!
So good luck to everyone and bye!
