Bidda BDC ICO Review

With the unprecedented growth that is being witnessed by today’s crypto market, it comes as no surprise that people are now asking for more security measures to be taken by upcoming blockchain startups when it comes to privacy and personal identity.

Bidda BDC is an all new crypto based “auction/market platform” that also doubles up as an investment ecosystem. Key emphasis is laid on full anonymity within Bidda, thereby making it extremely attractive to younger crypto investors.

What Investment Options Am I Being Offered Here?

(i) Lending:

Bidda offers all of its users with a unique lending structure that allows for decent returns within short “lock periods”. Some of the key options to avail of include:

  • Investment Amount: $100-$1000; Interest per month: between 33%-55%; Capital Returned After: 150 days.
  • Investment Amount: $1001-$5000; Interest per month: between 33%-55% + daily interest of 0.15%; Capital Returned After: 120 days.
  • Investment Amount: $5001-$10,000; Interest per month: between 33%-55% + daily interest of 0.25%; Capital Returned After: 90 days.
  • Investment Amount: $10,001-$50,000; Interest per month: between 33%-55% + daily interest of 0.35%; Capital Returned After: 60 days.

(ii) Staking:

nother good way of making money via the use of Bidda Coin is by staking the currency though the company’s QT wallet. The wallet will be made available in the first quarter of 2018, and will offer customers with a return rate of 7% on all staked currency.

(iii) Referrals:

Through the use of the company's “single level” affiliate scheme, it is able to provide all of its investors with a handsome return rate of 12%.

(iv) Auction MarketPlace:

One of the key features of the Bidda ecosystem is its native auction marketplace. It is a fully anonymous (tor mode) platform that has been designed to run via the use of an “internal style escrow system”. Through its use, all of one’s personal information (buyer and seller data) that is maintained within company servers is secured via the use of specialised encryption modules.

How Do I Make Use of the Auction Platform?

To start off with, interested customers will have to fill out certain legal paperwork to obtain a membership. However, it should also be noted that all new users will also be “required to get an invite from a current user or BDC holder” to be qualified for subscription. Similarly, all BDC holders are eligible to obtain a 30% cut of all membership fees procured via referrals. This money will be distributed on a bi-weekly basis.

It is also important to mention that only people who buy BDC during the ICO phase are eligible to receive profit cuts (BDC obtained via external currency exchanges are not included).

Bidda BDC ICO Token Details

As mentioned previously, the company will power its network though the use of a native currency called Bidda BDC. The sale of tokens will take place through the use of an ICO that is currently underway, and is scheduled to end on the 20th of February, 2018.

All of the tokens will be made available through three distinct rounds

(i) Round 1:

During this period, there will be a total of 500,000 coins that will be made available. The price of each token has been set at $0.50

(ii) Round 2:

During this phase, there will be 1,000,000 coins that will be released to the public. The price per coin during this round will be maintained at $0.85.

(iii) Round 3:

This will be the final sale round, during which there will be a total of 1,000,000 coins available. The price per coin during this period has been set at $0.95. It is also important to mention that a minimum purchase of 50 BDC needs to be made in order to qualify for investment (max 5,000 tokens per round).

For any further details regarding this platform or BDC, users can get in touch with company personnel via email ([email protected]). Alternatively, customers can also connect with company members via their Telegram chat portal or Twitter.

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