IBID auction floor is Singapore e-commerce (E-commerce) platform 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 costs worldwide. The common currency will be the main payment currency in this ecosystem. And they aim to be leading platforms in decentralized applications (DApps), such as Ethereum and Cardano.
IBid auction mission
Bargain to get your favorite items at super cheap prices by bidding on the iBid platform.
Build a platform for a real-time blockchain auction.
iBid - A decentralized blockchain auction will change the bidding process, be fair and transparent as bidders can also monitor the auction process.
Direct exchange of financial value (listings, transactions, and service charges) from large companies such as Airbnb, Craigslist, Postmate, ... to individual buyers and retailers.
Exchange of financial and strategic value (combining internal data about customers and transactions) from the same company to the entire ecosystem.
Create new financial value for participants who contribute to the development of the platform (e.g., building new technologies for the iBid platform and introducing new users and businesses).
Built on an open database, distributing and sharing 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 platform contributors will benefit from the iBid ecosystem development fund for the award.
iBid has a diverse ecosystem of digital assets, with various forms of decentralization: decentralized exchanges, decentralized games, DAPPs, wallets, P2P loans, iBid privacy, blockchain auctions, etc.
IBid floor market size
The journey of the iBid developer team is still long, which is not easy.
However, if iBid can do that, iBid's future market will be huge.
Why? Looking at Ethereum today, there are over 800 tokens released based on the Ethereum Blockchain.
And this is a very young industry, everything is just beginning.
IBid floor value in the future
Users on the iBid platform are free of charge.
Full ownership of personal databases in the iBid ecosystem.
Company revenue sharing model.
Provide quality services and products not for profit.
Total auction market capitalization
The global real-time auction (RTB) market size will grow at an annual growth rate (CAGR) of 32.9% over the forecast period.
The market estimates 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. Major market growth includes an increase in the number of smartphone users and a focus on performance improvement campaigns and increased ROI (business return ratio).
Business model
The way iBid operates, like other auction houses, generates most of its revenue by selling deals. 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 offer value, the final unchanged price will be accepted by the company where the product is sold.
IBid auction platform business model, where administrators will list various products on the platform for auction (you can only provide a list of products if you have a Platinum package or higher) from).
To participate in product auctions and offers, users need to purchase offers from various packages. You can start using the Copper Package for just $ 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.
Working on what platform?
It currently works on the web and on Android & iOS mobile devices
How does an iBid auction make money?
The revenue model has two parts:
Work in a way that generates huge revenue from offers purchased from packages by users, from platforms to participating in auctions in various compartments. Equivalent to encouraging repeat purchase purchases. Winners do not have to pay for the product
In addition, he also gets money from sponsors who want to promote his goods.
Opportunity to make money
Gifts from the matrix of friends
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 below level 1.
However, you still get 46.25% of the 4th or more members if you invite them directly. But if not, you only get 6.25%.
Earnings up to 46.25%
There are currently 8 packages
Members can upgrade to higher packages while maintaining revenue from lower packages. When you start building the system, you can immediately receive 46, 25% of your 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 incredible income.
How to calculate your income
If each person only recruits 3 people in each Package
Calculate income in gold packets
Calculate income in the Platinum package
Why do you need to upgrade to a Platinum package?
10% iBid token gift, not available in lower packages.
Participate in iBid revenue sharing programs, benefit from business activities.
List of products on the iBid auction floor.
High demand and declining supply. - List of DApps.
IBid investment package
Why is the iBid floor a new auction trend?
Profit up to 46.25%.
It is easy to start with just $ 25 but can generate up to $ 15,000.
IBid tokens are used in the Ethereum Blockchain. Mainnet will launch 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 generated. IBid spent on the network will be redistributed to iBid owners. 100% of the tokens will be distributed to the community.
The role of iBid Tokens
Voting is possible with a list of DApps, products and services in the iBid ecosystem. You have the right to decide which projects will be funded and rejected by iBid
Exchange rates in the iBid ecosystem. Creating and maintaining an internal and personal economy is one of the most important tasks of an IBID token.
IBid tokens are used as a 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.
IBid tokens allow owners to enrich the user experience in the iBid ecosystem.
Exchange with 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 compelling ads or other services to the iBid platform.
IBid token
Ticker: iBid
Token Price: 1iBid = 1USDT
Total supply: 100,000,000
Token Token: Utility
The iBid token is used as a gateway for you to use certain functions of an ecosystem.
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