Blockbid - Trade With Confidence

awwalcrypto (6)in #bitcoin • 8 years ago

Blockbid tokens can be used in Blockbid exchanges to reduce our 100% market trading transaction cost during year 1, and 50% discount afterwards. Blockbid tokens are not used on a per trade basis. Instead, the Blockbid token will give you a window of time where you will be allowed to trade as much as you want for a discount.

Affiliates

  We align ourselves with associations committed to driving the growth of global cryptocurrency and blockchain communities with integrity and transparency.

Who's Behind Blockbid?

Blockbid is led by a team that claims to have more than 150 years of combined experience.

The team includes, according to the official website, "one of Australia's top ASX merchants, broker specialists, renowned blockchain experts, former owners of popular stock market research sites, senior developers, and experienced legal advisors."

Key team members include Ben Sapper (CEO), Gabriel Govinda (Director), Matt Youill (CSO), Toby Tremayne (CTO), and Emma Hoffman (CMO).

The exchange was announced online in early October 2017. In Q4 2017, they aim to complete beta testing, with a public launch scheduled for Q1 2018. Fiat currency trading will launch in Q3 2018, and mobile app trading will launch in Q4 2018.

Melbourne's core Blockbid development team.

Sale of Blockbid Token Blockbid token

   Sales (BID) begins on October 22, 2017.

Values are set at 1 ETH = 360 BID tokens during the first week of ICO, rising to 1 ETH = 300 BID during the last week.

There is a minimum contribution amount of 0.1 ETH and a maximum contribution of 100 ETH per transaction.

Blockbid has set a soft cap of 1 million tokens.

No more than 30 million Blockbid tokens will be created.

80% of total token supplies are available during crowdsale.

12% is provided to founders and 8% for prizes.

How Does Blockbid Token Work?

Blockbid tokens can be used to reduce transaction costs on Blockbid exchanges.

The Token holder will receive a 100% discount on transaction fees during the first year of operation, at a 50% discount every year thereafter.

Tokens will not be used on a per trade basis. Instead, a token gives you a window of time where you are allowed as many traders as you want to get discounts. 1 Blockbid token gives you a 30 minute window.

Merchants can use that trading window as they please. They can accumulate multiple tokens together to extend the trading window. So, if you spend 6 BID tokens, you will not enjoy trading costs for 3 hours.

Why Blockbid?

Fiat Currency

Blockbid will support major fiat currencies for more diverse trades

Cryptocurrency

Blockbid will facilitate trading more coins on one platform than any other exchange

Easy access

Our platform has been built to support merchants of all levels of experience

Secure

95% of all crypto asset deposits are stored in the hardware dome of multi-signature offline

Best Rates

With a transaction fee of 0.1%, Blockbid offers the lowest rates available

Insured

Our exchange is one of the first fully covered by cybersecurity insurance

Speed

Our exchange is built from the ground up to up to 1 million transactions per second

Compliant

As a registered digital currency operating in Australia, we comply fully with the AML / CTF guidelines outlined by AUSTRAC

Global Strategic Partner

The companies we choose as our partners are the most promising and innovative in their respective fields. We know they will be a great asset in the direction and growth process of Blockbid.

Blockbid Rebrand

If you have not noticed yet, we made some changes here in Blockbid and are happy to share our refreshing brand with you.

       We change our web domain from blockbid.com.au to blockbid.io so take the necessary steps to achieve global freedom and ease of access to you, our customers. This is a re-iteration of the commitments we have for our vision to be regarded as an International exchange.

With this new domain change, we've also made some design improvements - refreshing our look ahead of the anticipated launch (a date that will still be announced - but we're just as excited as you are). So, what's that about? We feel the original black color of Blockbid's imagery is limited in the representation of aspirations we want to achieve as a visionary beginning in a rapidly growing market. We want Blockbid to be distinguished as a recognizable brand, demonstrating our commitment to trust, loyalty and confidence, while still approachable and welcome. These are the keywords we identify strongly and want to inspire all our brand messages. Our brand refresh is evident from the new Blockbid blue look as the background of our pixel logo, which emits blocks where our company and crypto space is built on. We hope you enjoy it.

Since the initial start of Blockbid in August 2017, our increasingly demanding platform development demands have brought expansion to our team, now reaching toward 30 members with diverse expertise in various fields. We have also connected with 'Inbound Junction' and 'Tomorrow Ads', both companies aiming towards Global Strategic Partnership. This addition and all future additions are made to further simplify and streamline Blockbid growth and we welcome them.

Finally, we hope to disclose the initial coins and fiat currency pairs to be registered at the upcoming launch of our Beta exchange. This is the exciting news that we all anticipate and will share as soon as the details are finalized.

     Blockbid's

conclusion

is a new cryptocurrency exchange ready to be launched before the end of the year.

Australia-based exchanges aim to offer superior service, speed, and transaction costs compared to other exchanges in the market.

It also aims to offer more fiat currency pairs and cryptocurrency pairs than any other exchange in the world.

Overall, Blockbid seems to have a very ambitious goal in mind. The company claims that its exchange can process 1 million transactions per second. Additionally, the Blockbid token holder does not have to pay the transaction fee. You spend Blockbid tokens, then receive a free trade for 30 minutes. After the first year, Blockbid token holders will get a 50% discount on trading fees (set at only 0.10% to get started).

In the end, if Blockbid succeeds, it can be one of the most popular and successful cryptocurrency exchanges in the world. However, there is currently no public platform available, so it is difficult to verify claims made by Blockbid at this time.

ROADMAP

ICO (October)
Blockbid is a token that meets ERC20 based on the Ethereum blockchain. The smart contract and the blockbid token will be launched on October 22, 2017
START ACCESS Q4 2017
Beta testing and product improvement stages. Early access members will receive a 0% transaction fee as a reward to join. To sign up for early access, subscribe on the Blockbid website
BEGINNING ACCESS
Beta testing and product improvement stages. Early access members will receive a 0% transaction fee as a reward to join. To sign up for early access, subscribe on the Blockbid website
PUBLIC LAUNCH Q1 2018
An ultra-secure platform running on Australia's fastest exchange network to facilitate up to 1 million transactions per second, with security built from the ground up. Fully compliant with Australian AML / CTF Ac
PUBLIC LAUNCH
An ultra-secure platform running on Australia's fastest exchange network to facilitate up to 1 million transactions per second, with security built from the ground up. Fully compliant with Australian AML / CTF Act
FIAT TRADING Q3 2018
Blockbid will support trading of major fiat currencies for easy access
FIAT TRADE
Blockbid will support trading of major fiat currencies for easy access
MOBILE EXCHANGE Q4 2018
Launch Blockbid app as a mobile exchange platform with personal private key wallet
MOBILE EXCHANGE
Launch Blockbid app as a mobile exchange platform with personal private key wallet