The blockchain technology is creating a revolution in the world. Not only a technological revolution, mind you, but a revolution that will echo on all the aspects of society with time. Because of this, this type of technology will be used more and more over time. How to prevent all this information to be lost in a sea of information, then?
Luckily, you have blogs like ours to give you the hottest news about this market, but if you want to know more about the information that is on the blockchain, not the market, you will need a tool like the one which is being developed by ENS.BID, a company that we are are going to review today.
What is ENS.BID?
ENS.BID is a new start-up company with a novel idea: to organize the domains of the Ethereum blockchain. There is a good probability that you know that before the time in which we live in every site was only recognizable by a series of numbers.
Obviously, that was very clumsy for humans and therefore, the domains got their names which we use until today. ENS.BID wants to do the same with the Ethereum blockchain. This will enable people to organize better a resource which will be used a lot in the future.
Using a human-readable name for the Ethereum blockchain is an important first step to make this blockchain easier to read by humans, which will be inevitable when it gets more popular (and it will surely get).
How Does ENS.BID Work?
ENS.BID will give names to the domains of the Ethereum blockchain, but what features will their software have? The ENS.BID dapp (decentralized app) will provide an offline key to its users so they can have more security.
The company will also use smart contracts for the loan of Ethereum domain names. This will also be a measure to ensure that the users will be more secure because smart contracts are one of the most secure ways to make transactions today. This will also enable users to loan domain names. The company will also offer escrow services and support the domain names .dapp and .dao.
One of the most interesting features of the company is the auction system, which will list all the ENS domain names owned by a certain seller with information for potential buyers of a certain domain.
How to Invest Using ENS.BID ESB?
To invest in this company, you will have to buy its ENS.BID ESB ICO tokens. The company still has not divulged the exact date of the sales or the value of each ENS token, but you will be able to participate in the pre-sale during the first quarter of 2018 and the Initial Coin Offering (ICO) will be held during the third quarter of the year.
If you buy the ENS tokens in a big quantity during the pre-ICO, you will be eligible for many discounts. The discounts are as follows:
- S0-10,000 USD: 7% discount;
- $10-20,000 USD: 8% discount;
- S20-100,000 USD: 10% discount;
- $100-200,000 USD: 13% discount;
- $200,000 USD or more: 20% discount.
The ENS.BID ESB ICO Verdict
Is ENS.BID the investment for you? It can certainly be. The company offers a very good product and has a great business plan to make an incredible profit with it. Not only ENS.BID has a great idea, it looks like it has the structure to make this idea become truth in the near future. Because of this, you should not let this investment opportunity slide.
This company does not seem to offer the potential for many risks, which is always great for a potential investment. ENS.BID seems like a choice that you can make without being afraid of being wrong.
If you liked this company, go for it, it can certainly be a very good investment for your portfolio.