Bid Auction - $BIDA
Network:
BSC
PreSale
Ended
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Check Contract Bid auction is a multi-chain utility crypto currency project that offers a decentralized platform with a fantastic economic system that is backed by an efficient and backtested business model.
Bid auction Token BIDA, which is the Platform's native token is launched on BSC and Solana Blockchain.
It is a utility cryptocurrency token which enables it's holder's to access 7 fantastic use cases and profit from an economic system that is wildly yet strategically spread across DeFi, NFT, GameFi, Web3.0 and Metaverse on the bidauction.finance decentralized platform.
The ecosystem provided includes;
• Auction & Bidding;
This function on the platform will redefine goods and services offering, sales and purchase by decentralising the entire process, void of manipulation, middle
men and government restrictions; giving holders total control.
On the auction and bidding platform holders can auction NFTs minted from gaming excercise, auction and bid for NFT gallery built in the meta-verse after minting a certain amount of NTF from gaming and also auction and bid for goods and services, other collectibles and many more.
• Incentivized (P2E) NFT minting Meta-verse game;
Holders of BIDA can earn incentives by participating in gaming activities in and out of the meta-verse and also mint NFTs from gaming excercises as reward upon completing certain tasks and build NFT gallery when they have minted a certain amount of NFT.
NFTs minted from gaming excercise can be auctioned at the auctioning platform, also bidders can bid for minted NFTs and NFT galleries to attract the owner's attention with amaizing offers.
• Online gambling:
The online gambling industry is skyrocketing in value and more so ever since the event of COVID-19 pandemic; taking advantage of It via Blockchain technology makes it even more profitable futuristically; decentralized online sports betting, online casino, bingo, lottery, prediction of game outcomes and raffle draw. Also Users can bet on favourite game players in and out of the meta-verse and earn when they win.
• Lending & Borrowing;
Holders can profit from the economic system by lending their digital assets to borrowers (bettors and gammers) who intend to upgrade their position for higher profit.
• Launch pad and smart liquidity locker:
The project also gives room for the birth of new projects and also providing investment opportunities which will drive the value of BIDA up because, before holders will qualify to participate, they will have to hold certain amount of BIDA to qualify.
New tokens launched on the IDO platform will be given as reward to holders who provide liquidity in gaming and gambling pool.
Smart liquidity locker was introduced in order for us to be able to guarantee the security of tokens we offer as reward to those that provided liquidity.
This will greatly reduce the rate of fraud by a huge margin and increase the security of investments by reducing the risks involved.
• Staking:
Holders will profit massively from the ecosystem by providing liquidity in verious pools (gaming and gambling pool) and earn new tokens launched on the launch pad as rewards thus, they will be encouraged to hold more BIDA instead of selling, this will greatly increase the value of BIDA over a short period of time.
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