Bidium: Revolutionizing Auction And Freelance Hiring With A Crypto Exchange Powered By Blockchain

awwalcrypto (6)in #cryptocurrency • 6 years ago

ABOUT:

BIDIUM is a decentralized cryptocurrency exchange that combines Advance power auction with Hiring Freelance over Blockchain Technology. Act as an offer market for buyers to buy with offers and freelance platform for entrepreneurs, who looking to hire freelancers. Transactions can be made with the help of more than 10 coins. The exchange received BIDM (BIDIUM original tokens), Bitcoin, Ethereum, Litecoin and another coin to be announced at a later stage.

This platform offers buyers and sellers the opportunity to save time because there is limited time 24 hour period to bid on any product. This will give the seller a guarantee to get it only authorized buyers, which in turn prevent their products from being blocked by nasty buyers. In addition, the freelance platform will provide freelancers and employers the opportunity to use our original coins by paying only 0.1% of the cost when used another coin will charge 1%. The main advantage for sellers is that they will get a 50% share of the profit share, regardless of whether their products are sold or not and if their products are sold, even buyers will also get 30% Share your ad if the product is sold. The seller has the opportunity to sell some quantity of the same product in different slots.

The platform offers an adequate exchange solution along with effective freelance platform is supported with an interactive interface to make it a fun experience for users.

This platform facilitates light and fast trading techniques with 50% of the revenue generated by trade. Revenue will be distributed among all BIDM token holders, typically stored on the BIDIUM wallet. No transaction fees for BIDM token transfers between BIDIUM platform users. In addition to this, only 0.05% trade fee will be charged on the exchange platform and will be further reduced to a 0.01% trading fee for BIDM tokens holder. Offline wallet will be developed to save BIDM safely.

Token BIDM will also be used to bid on products in the market BIDIUM. Freelancing is another feature offered by the platform. Freelancer and Entrepreneurs will be able to use BIDM tokens with transaction fees ǮNo existing for the bidding platform, freelance platforms, and trading platforms. Reviews and ratings for each employer and freelancers will help in maintaining history. In short, our market structure consists of a network of technical devices will give investors the opportunity to benefit from the market without being a centralized location. In our decentralized bidding market, we will provide buyers access different bids and give them the opportunity of directly transacting with sellers rather than a centralized authority.

Freelance Platform

Bidiumsǯ another most efficient function is a decentralized marketplace that is self-regulatory especially for freelancers and clients. Our platform gives freelancers the opportunity to showcase their gigs for a particular price with the aid of Bidium token as the payment means. Our platform will give clients the opportunity to select from various gigs based on the rating and price. Marketplace involvement will be setup between two parties and smart contracts will be used to ensure smooth transaction between the two parties without involving any third parties.

BIDIUM Marketplace: A Foundation for Future Excellence

BIDIUM, a decentralized bidding marketplace based on Blockchain technology. It can be considered as a digital revaluation which combines 􀇮the power of Advance auction with freelance hiring and a Crypto exchange􀇯 on blockchain in one platform.

BIDM Token

About BIDM token:

BIDIUM uses the BIDM token to ensure a secured peer-to-peer transaction and hence there is no need for third parties such as Banks or government. Our technology provides an easy interface with light and fast trading. 50% of the revenue from the trading fee is usually rewarded among all BIDM token holders that are stored on BIDIUM wallet if they fixed their tokens in a slot period. There is no transaction fee for the transfer of BIDM between BIDIUM platform users and only a 0.05% trading fee is charged. In a scenario where you have BIDM, a 0.01% trading fee will be charged. BIDIUM provides offline wallet to store BIDM securely and the token can be used to bid for products on the BIDM marketplace.

BIDM token can be used to get rewarded from BIDIUM exchange platform. You can choose to either store the value of your coins on your Mac for PC or create a wallet with one of the digital wallet system supporting Bidium token. It gives you the freedom to choose and transfer your coins value to the market platform as payment for goods and service.

Token Specifications:

ICO Detail

The financial boom in the cryptocurrency world has led to immense interest by investor all over the globe who wishes to have a taste of the cryptocurrency cake. This interest of investors in the cryptocurrency industry has led to a commensurate increase in the number of ICOs and the creation of tokens. Our ICO project provides a distinct approach to exquisite fund allocation mechanisms and token distribution.

FUNDS ALLOCATION: 45% of the funds will be allocated for the development while 30% of the funds will be allocated for marketing. To execute all legal procedures will have 5% of the funds and 15% will be allocated for reserves. The Management includes advisors and founders, will have 5% of the total funds.

Token Distribution

The token will be distributed as follows:

Freelance Platform Market Overview

Freelance Platform are also a potential market to explore considering the U.S market as, a case study, there are over 53 million people doing freelancing work in the U.S and this is an aggregate of 34% of the national workforce. The contribution of people that do freelancing, to the economy is estimated to be $715 billion.

Research indicates that 32% of freelancers have experienced an increase in recent years while 15% have experienced a decrease. 8 Income stability and ability to find work has been a major barrier in this segment. Statistics also show that 69% of freelancers have attributed their success to technology.

In the UK, there are 1.4 million freelancers that are working across all sectors. The number of freelancers has grown 14% over the past 10 years and the flexibility that is offered by Britainǯs freelancers has added positive value to their economy.

Freelancing is seen as a lucrative career option as most graduates have chosen to work as a freelancer and freelancing economy is becoming a dominant factor among these. Over 69% of graduates have concluded that independent work gives them a better work-life balance and the ability to work on a variety of projects that cut across various platforms is appealing. Most people feel that they can earn more as compared to a traditional job.

Freelancing is a job that has flexible working hours. It is a great way to break out of the 9-5 and go it alone. It is a type of self-employment work that is very flexible. Freelancers can work on both small and long-term projects depending on their availability and skills. These tasks include designing a logo to build a website or it can also be writing a weekly blog post or editing a video.

The mode of operation of freelance work is initiated when employers post a job on a freelancing websites. Freelancers, who are keeping an eye on the job posts, contact them by explaining the reasons why they should be considered for a particular project.

The employer simply chooses from a certain number of proposals and discusses the next steps. There is usually a mutual agreement between the two parties on how and when the projects will be carried out. The payment is made after the project is carried out to a required standard.

Roadmap

The Design and development work of the application has already been kicked off. We will launch our pre-sale event in the first quarter of 2018. Token Sale will start in the First month of Q2.

Conclusion:
BIDIUM will give buyers the opportunity to purchase only by bidding with the aid of cryptocurrency exchange and a freelance platform where employers can hire freelancers with the aid of more than 10 coins which includes BIDIUM, Bitcoin, Ethereum, Litecoin, and other coins that will be announced at a later stage.

In summary, our market structure is made up of networks of various technical devices that will give investors the opportunity of benefiting from a marketplace without centralized location.

BIDIUM market structure is made up of networks of various technical devices that will give investors the opportunity of benefiting from a marketplace without centralized location. In our decentralized bidding market, we will provide buyers with access to different bids and give them the opportunity of directly transacting with sellers rather than a centralized authority.

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