BIDIUM : A Crypto-Fiat-Crypto P2P Exchange
What is BIDIUM ?
Crypto Exchange dedicated to Auction and Hire by empowering Bidder Bidders and Entrepreneurs
is a P2P crypto-fiat-crypto exchange that combines the power of Face Auction with Freelance Hiring over Blockchain Technology. It acts as a bidding market for buyers to purchase with freelance offerings and platforms for employers, who are looking to hire freelancers.
The platform offers an adequate exchange solution along with an effective freelance platform supported with an interactive interface to make it a fun experience for the users.
Revenue will be distributed among all BIDM token holders that are usually stored on the BIDIUM wallet. This platform facilitates light and fast trading techniques with 50% of revenues generated from trading.
There are no transaction fees for sales, purchases, recruitment and trading on BIDIUM platform users.
The core development team of the Bidium project is in INDIA, but our team is from the United States, Russia, Dubai and Pakistan. But Bidium’s judicial and operational institutions are ESTONIA.
Market opportunity
The concept behind the exchange platform evolved based on extensive research on leading portals. The concept’s background is further elaborated in two parts:
Market Overview Bidding
Research shows that 34.3% of eBay sellers earn below $ 10,000 in a year while in Amazon only 9% are sellers. In addition to this, only 3.9% of eBay sellers make more than a million dollars a year compared to 16.7% of Amazon sellers. The research also highlights that only 2.1% of sellers generate revenues above $ 10 million in a year from the Amazon market
.
A large percentage (about 63%) of sellers depends on the above-mentioned market to sell their products; But there are risks to come that are involved in this. Being a centralized mechanism, these markets act as superpowers for all stakeholders. At some point in time, they can limit or completely prohibit the accessibility of any seller and can severely impact the particular seller’s business if it is their only sales medium. Surveys conducted on the market show that regardless of the risks associated with market sales, the bidding mechanism will help because in the long run create a more transparent and more competitive industry.
Analysis shows that it is very difficult to succeed when there is an excellent profit margin and there is a prevailing belief that fierce competition and low overhead of market sales usually drown earnings to the ground. More than a fifth of online sellers operate on margins (under 10% of total sellers) and it is difficult to imagine how these sellers will face unforeseen situations especially given poorly performing stocks, but more than half will have higher profit margins at over 20% and only 6% are lucky enough to have margins greater than 50%.
The market and supply software plays an important role, especially for market sellers. The software has a single, honest database for stock sellers to synchronize data across multiple markets. Research shows that sellers who use management software are more satisfied with temporary results only 29% have neutral or negative opinions. It is a complex task to maintain seamless integration with systems that involve purchasing and selling primarily by creating a user-friendly interface.
As indicated in the table above that 38% of sellers intend to expand their online market outside of eBay and Amazon when they are looking for ways to diversify. However, 20% of sellers try to expand on eBay, Etsy, Newegg as Amazon’s percentage moves down to 6.2%. According to the findings, we found that online buying and selling activity in the market is a profitable business with great potential.
Market Overview Freelance Overview
The Freelance platform is also a potential market to be traced considering the US market as, in a case study, there are over 53 million people doing freelance jobs in the US and this is a 34% aggregate of the national workforce. The contribution of people who do freelancing, for the economy is estimated at $ 715 billion. Research shows that 32% of freelancers have increased in recent years while 15% have decreased. 8 The stability of earnings and the ability to find work has been a major deterrent in this segment. Statistics also show that 69% of freelancers have linked their success with technology.
In the UK, there are 1.4 million freelancers working in all sectors. The number of freelancers has grown 14% over the last 10 years and the flexibility offered by UK freelancers has added a positive value to their economy.
Freelancing is seen as a lucrative career choice as most graduates have chosen to work as freelancers and the freelance economy becomes the dominant factor among these. Over 69% of graduates have concluded that independent work gives them a better work life balance and the ability to work on a variety of projects across various platforms is very interesting. Most people feel that they can earn more than traditional jobs.
Freelancing is a job that has flexible working hours. This is a great way to get out of 9-5 and do it yourself. This is a very flexible type of entrepreneurial job. Freelancers can work on small and long-term projects depending on their availability and skills. These tasks include designing a logo to build a website or can also write a weekly blog post or edit a video.
Freelance work mode operation begins when an employer posts a job on a freelancing website. Freelancers, who oversee job posting, contact them by explaining why they should be considered for a particular project. The employer only selects from a number of proposals and discusses the next step. There is usually a mutual agreement between the two parties on how and when the project will be implemented. Payments are made after the project is done to the required standards.
How does it work ?
Token Specifications
Name Token : Bidium
Heart BIDM
Total Supply : 1,000,000,000 BIDM
Date Started ICO : 25 May 12pm IST
Final Date ICO : June 23 12 nights IST
Token Price (Crowdsale) : 0.02 USD
Currency Received BTC and ETH
Minimum Purchase Limit 50 USD
Maximum Purchase Limit 10,000 USD
ICO Softcap : 3 Million USD
ICO Hardcap : 10 Million USD
Token Not Passed Crushed
Team & Advisor
Team
Nausheen Ahmad – CEO
Garima Singh – CTO
John Shipmen – Blockchain Developer
Walo Boni – Developer
Ashish Sharma – Major Developers
Ammar Luqman Siddique- SMM
Advisor
Vladimir Nikitin – Head of Advisory Council
Nikolay Shkilev – Adviser
Anna Shkilyova –
Erickvand Marketing Adviser – Bounty Advisor
Luis Brecci – Legal Advisor
Here are the reviews I present to you all in finding information and knowing the BIDIUM project currently being run by their team, if there is any lack of explaining this article, do not worry, I have set up a link for you to get accurate information and of course You will be able to talk directly to or their team, at the link.
For more information and joining BIDIUM’s social media today please follow the following sources :
ANN THREAD : https://bitcointalk.org/index.php?topic=3302414.0
WEBSITE : https://bidium.io/
FACEBOOK : https://web.facebook.com/bidium
TWITTER : https://twitter.com/bidiumofficial
TELEGRAM : https://t.me/Bidium
Bitcointalk Profile ( Mulyo83 ) : https://bitcointalk.org/index.php?action=profile;u=1813751
Comments
Post a Comment