The IBID auction floor is an e-commerce platform (E-commerce) Singapore 4.0 which will be launched in early June 2020 will be like Ebay or Amazon, or like Shopee or Lazada in Vietnam
It aspires to create a global database of transactions and services. With almost zero transaction fees worldwide. The common currency will be the main payment currency in this ecosystem. And they aim to become a major platform in the field of decentralized applications (DApps), such as Ethereum and Cardano.
IBid auction mission
Bargain to get your favorite items at super low prices by bidding on the iBid platform.
Build a platform for phased real-time blockchain auctions.
iBid - A decentralized blockchain auction will change the bidding process, to be fair and transparent as bidders can also monitor the auction process.
Direct exchange of financial value (listings, transactions and service fees) from large companies such as Airbnb, Craigslist, Postmate, ... to individual buyers and retailers.
Financial and strategic exchange (combining internal data about customers and transactions) from the same company to the entire ecosystem.
Create new financial value for participants who contribute to platform development (for example, building new technologies for the iBid platform and introducing new users and businesses).
Built on open databases, distribute and share data to promote transparency and collaboration.
IBid floor features
Blockchain Platform: iBid operates on a decentralized platform, users have the right to publish their products - services or DApps on the iBid Blockchain platform.
Individuals who contribute to the iBid ecosystem such as token holders will benefit in proportion to their dedication to the company.
iBid serves as a non-profit model, so contributors to the platform will benefit from the iBid ecosystem development fund for awards.
iBid has a diverse digital asset ecosystem, with various forms of decentralization: decentralized exchange, decentralized gaming, DAPP, wallets, P2P lending, iBid privacy, auction on blockchain, etc.
IBid floor market size
The iBid development team still has a long way to go, which is not easy.
However, if iBid can do it, the future market for iBid will be huge.
Why? Looking at Ethereum today, there are over 800 tokens being released based on the Ethereum Blockchain.
And this is a very young industry, everything is just beginning.
Future floor value of iBid
Users on the iBid platform are not charged any fees.
Full ownership of private databases in the iBid ecosystem.
Company profit sharing model.
Providing quality services and products is not for profit.
Total auction market capitalization
The size of the global real-time auction market (RTB) will grow at an annual growth rate (CAGR) of 32.9% over the forecast period.
The market predicts that the global RTB market size will increase from US $ 6.6 billion in 2019 to US $ 27.2 billion in 2024, with a CAGR of 32.9% in 2019. Key market growth includes an increase in the number of smartphone users and a focus on improving performance campaign and increased ROI (business return rate).
Business model
The way iBid operates, like any other auction house, generates most of its revenue by selling bids. Offers are often sold in a variety of packages and sizes. The more people bid, the more money the company will make. In addition to the bid value, the final unchanged price will be received by the company where the product is sold.
The iBid auction platform business model, where the administrator will list various products on the platform for auction (you can only list products if you have a Platinum plan or higher) than).
In order to participate in auctions and product offers, users need to purchase offers from various packages. You can start using the Copper Pack for as little as $ 25.
Auctions start at $ 0 and each product auction increases by $ 0.01. At the end of the auction, the winning user does not pay the final amount.
What platforms do you work on?
Currently, it works on the web and Android & iOS mobile devices
How do iBid auctions make money?
The income model has two parts:
It works in a way that generates huge revenue from bids purchased from packages by users, from platforms to participating in auctions in various compartments. Simultaneously with encouraging repeat bid purchases. The winner does not need to pay for the product
Apart from that, he also gets money from sponsors who want to promote his goods.
Money-making opportunity
Gift from the friend matrix
The gifts from the friend matrix are made in 3 x 20 (up to 20 levels).
You only need to invite 3 members.
If you invite 4 or more members, they will be automatically assigned to a new level, from left to right under level 1.
However, you still get 46.25% from the 4th member or more if you invite them directly. But if not, you only get 6.25%.
Income up to 46.25%
Currently there are 8 packages
Members can upgrade to a higher plan while maintaining revenue from the lower plan. When you start building the system, you can immediately receive 46.25% of income from Level 1 and above
50% of revenue when building the system to level 8.
In addition, you will receive a 10% BID prize (from the Platinum Package) for joining games and offers. This model can run permanently, with 8 packages, the system gives members an amazing income.
How to calculate your income
If each person only recruits 3 people in each Package
Calculate income in gold packages
Calculate income in Platinum package
Why do you need to upgrade to a Platinum package?
10% iBid token reward, not available in lower plans.
Participate in the iBid profit sharing program, get profit from business activities.
List of products on the iBid auction floor.
Demand is high and supply is decreasing. - List of DApps.
IBid investment package
Why is the iBid floor the new auction trend?
Profit up to 46.25%.
It's easy to get started with as little as $ 25 but can make up to $ 15,000.
The IBid token is used on the Ethereum Blockchain. The mainnet will be launched on June 20, 20, and iBid tokens will be converted into iBid coins used in the iBid ecosystem.
iBid will be generated over a 10 year period, with 16% generated in the first year, 29% in 4 years and 61% in 5 years. A total of 100,000,000 (one hundred million) iBid coins will be created. The spent IBid on the network will be redistributed to the iBid owner. 100% of tokens will be distributed to the community.
The role of iBid Token
Voting is possible with a list of DApps, products and services in the iBid ecosystem. You have the right to decide which projects iBid will fund and reject
Exchange rates in the iBid ecosystem. Creating and maintaining an internal and personal economy is one of the most important tasks of the IBID token.
The iBid token is used as a fee gateway for you to use certain ecosystem functions.
The future of iBid Tokens
Payment for services and goods provided by iBid service providers and distributors.
The IBid token allows owners to enrich the user experience in the iBid ecosystem.
Exchange them for other parasitic tokens on the Ibid platform
For example, iBid members will have the right to enrich their customer experience by using their tokens to add attention-grabbing advertisements or other services to the iBid platform.
The IBid token is used on the Ethereum Blockchain. Mainnetis will be launched on 06/2021 and iBidtoken will be converted into iBid coins used in iBidecosystem.
iBid will be generated over 10 years, with 16% generated in the first year, 29% in 4 years, and 61% in 5 years. A total of 100,000,000 (one hundred million) iBidcoin will be generated. iBidspent on the network will be redistributed to iBidholder. 100% tokens will be sent to the community over the air.
THE ROLE OF THE TOKEN
Voting activates a list of DApps, products and services in the iBid ecosystem. You have the right to decide which iBid will sponsor and reject the project.
Exchange rates in the iBid ecosystem. Creating and maintaining an internal and individual economy is one of the most important tasks of the IBID token
The iBid token is used as a fee gateway for you to use certain functions of an ecosystem.
Platform ROADMAP iBid
June 2020: iBiD Auction on Blockchain
March 2021: iBiD test network
June 2023: iBiD Mainnet
August 2021: Cross-platform wallet release
December 2021: Integrate the iBiD token for payments across many e-commerce 4.0 platforms
January 2022: Notice of the iBiD specification
April 2022: Allow list of Dapps on iBiD platform
September 2022: Decentralized trading platform iBiD
For more detailed information, please visit the link below:
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