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BIDIUM - Revolutionizing Auction And Freelance Hiring With A Crypto Exchange Powered By Blockchain

Wednesday, May 23, 2018

About BIDIUM


Bidium is a Revolutionary Auction And Freelance Hiring With Crypto Exchange Powered By Blockchain, by employing a bidium freelancer into a blockchain based auction system. The platform offers the first solution in an adequate exchange system along with an effective freelance platform supported with an interactive interface to make it a fun experience for the users.

A Crypto Exchange dedicated to Auction and Hiring by empowering Bidders and Employers. BIDIUM is a decentralized cryptocurrency exchange which combines the power of Advance Auction with Freelance Hiring on top of Blockchain Technology. It acts as a bidding marketplace for buyers to purchase by bidding and a freelance platform to employers, who are looking to hire freelancers. The platform offers an adequate exchange solution along with an effective freelance platform backed up with an interactive interface to make it a delightful experience for the users. The revenue will be distributed among all BIDM token holders i.e. usually stored on the BIDIUM wallet. The platform facilitates light and fast trading technique with 50% generated revenue from trading. No transaction fee for the selling, purchasing, hiring and trading on BIDIUM platforms users.

There is no transaction fee in making sales, purchases, recruitment and trading within the BIDIUM platform.

Revenue will be distributed among all BIDM token holders that are usually stored in BIDIUM’s wallet. This platform facilitates light and fast trading techniques with 50% of revenues generated from trading.

Transactions can be done with the help of more than 10 coins. The exchange receives BIDM, Bitcoin, Ethereum, Litecoin and other coins to be announced at a later stage.

The core development team of the Bidium project is in INDIA, but our team is from the United States, Russia, Dubai and Pakistan. and Bidium’s judicial and operational institutions are ESTONIA.

Platform Bidium


Another most efficient function of Bidium is a self-regulating decentralized market especially for freelancers and clients. Our platform gives freelancers the opportunity to show their performances for a certain price with the help of Bidium tokens as a means of payment. Our platform will give clients the opportunity to choose from different performances based on rating and price. Market involvement will be arranged between two parties and a smart contract will be used to ensure smooth transactions between the two parties without involving a third party.


The Problem


Lack of Transparency in Skill Evaluation
Typically, prospective freelancers/bidders undergo evaluation tests before being admitted to the bidding platforms. The freelancers/bidders submit their qualifications, which are then assessed by the platform’s staff. Mostly, the freelancers/bidders do not know the reasons behind the acceptance or rejection of their applications. A decentralized platform will guarantee transparency, making the bidding for goods and services competitive.

Poor client support
Currently, the customer support services offered by online marketplaces are inadequate. A reliable customer support significantly to client retention as well as acquisition. Therefore, a dependable customer support substantially increases the profits made by a business.

Longer transactions
A common occurrence in centralized systems is the delay in the processing of transactions as well as deliveries. A decentralized system efficiently curbs these challenges, streamlining the transaction and delivery processing while saving significant amounts of money.

Falsified Transactions
Inability to do business from any location is perhaps the biggest shortcoming of centralized systems. For this reason, a lot of transactions are often falsified. A decentralized platform will leverage blockchain technology, eliminating the possibility of data falsification.

Token BIDM


Bidium uses a token (BIDM) to ensure peer-to-peer transactions are secure and hence no need for third parties such as Bank or government. Our technology provides an easy interface with light and fast trading.

50% of revenues from trading fees are usually rewarded among all holders of BIDM tokens stored in BIDIUM wallets if they fix their tokens in the slot period. There is no transaction fee for BIDM transfers between BIDIUM platform users and only 0.05% trade fees charged. In a scenario where you have a BIDM, a 0.01% trade fee will be charged. Bidium provides an offline wallet to safely store BIDM and tokens can be used to bid on products in the BIDM market.

Advantages of the BIDM Token


The benefits of the BIDM token include:
  • Decentralization- these enable per-to-per connections on the BIDIUM platform.it also increases transpire across the network.
  • Functionality – the BIDM tokens grants access to the BIDIUM marketplace on which individuals can access services anytime. Furthermore the digital currency can be exchanged into fiat cash.
  • Affordability – the absence of intermediaries significantly reduces the cost of services.
  • Instantaneous payment – using smart contracts, BIDM token ensures that transactions are fast and secure.
  • Secure wallet – in addition to securely storing BIDM tokens, the wallet can be used to send and receive funds.

Token Sale Bidium ICO


The total supply of BIDM tokens is 1,000,000,000. Below are other parameters of the BIDIUM crowdsale.

Presale start date – 26th March, 2018
Presale end date – 24th April, 2018
ICO start date – 25th May, 2018
ICO end date – 15th June, 2018
Presale hard cap – $1 million
ICO hard cap – $10 million

Notably the price during the presale will be $0.01, while the ICO will demand $0.02 for a single BIDM token.

FUNDS ALLOCATION :
  • 45% of the funds will be allocated for temporary development
  • 30% of the funds will be allocated for marketing. To carry out all legal procedures will have
  • 5% of the funds and
  • 15% will be allocated for backup.
  • 5% Allocated Management including advisors and founders.


TOKEN DISTRIBUTION
  • 80% CROWDSALE
  • 5%BOUNTY
  • 2% ADVISOR
  • 3%FOUNDER(Locked for 1year)
  • 10%RESERVE (Every year 2% will dilute)
Cryptocurrency is one of the simplest and easiest ways to make payments right now, as well as a profitable way of investing. Together with blockchain technology, it has enormous capabilities, demonstrated by the BIDIUM system - instant and secure transactions anytime and anywhere. An employer can quickly find a freelancer in the system, get high quality service and pay for it with a BIDIUM token.


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