Bidooh Digital Billboard Platform (DOOH Token) Secures OKEx Investment Support
Digital Billboards Platform, Bidooh Secures Support From OKEx and Huobi
Blockchain-based advertising platform, Bidooh has disclosed on Monday, October 8, that it has managed to secure support from well-established cryptocurrency exchange, OKEx. In particular, the latter supposedly invested an unnamed amount into the former’s Initial Coin Offering (ICO).
According to a report published by Finance Magnates, who have since reached out to both parties involved for comments, it seems like OKEx’s decision to partner with said project stems from Bidooh’s focus on bringing real use cases.
As per the claims made by OK Blockchain Capital’s Investment Manager, Estrella Du, Bidooh has come up with “a real-world example of a traditional business moving to the blockchain for the benefit of both the advertising industry and consumers.”
Excitement is a common emotion expressed by both parties, as the Co-Founder and CEO of Bidooh, Abdul Alim has since voiced immense confidence in the direction himself and his team are travelling in. He shared that
“It is very rare for exchanges to engage directly in token sales, adding that it is an encouraging factor for the entire project in place.”
In general, Bidooh will be working towards “revolutionizing and democratizing” the currency billboard ad industry. In order to do so, the team believes factors such as flexibility, speed and measurability are required for an ad-based platform.
Based on the assertions made on the Bidooh official website, advertisements can be placed on Bidooh.com for “1p per 10 cent adverts”, which can be done directly without having to make any calls. Over time, the team plans to expand upon convenience from online publishing to mobile and applications.
The OKEx and Bidooh partnership creates a win-win situation for both parties, as the latter has promised to advertise the former’s services on its digital billboards, whereas the former has promised to promote Bidooh’s native token, DOOH on its respective platform.
It seems like OKEx isn’t the only crypto exchange that has been impressed by Bidooh’s efforts, as the team revealed that Huobi has also showed interest. While crucial details regarding the potential partnership remains covered, it seems like the duo is working towards an agreement that will benefit both parties involved.
To find out more on what Bidooh has to offer and its token sale, check out: https://bidooh.io/