BIDIUM: A decentralized cryptocurrency exchange that combines the power of the Auction

Hello friends of dear readers again with Stevano, this time I will explain BIDIUM exchange cryptocurrency, for more details please refer to the discussion below.



Understanding BIDIUM
BIDIUM is a decentralized cryptocurrency exchange that combines the power of Face Auction with Hiring Freelance 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. Transactions can be done with the help of more than 10 coins. The exchange receives BIDM (Bidium original tokens), Bitcoin, Ethereum, Litecoin and other coins to be announced at a later stage.

This platform offers buyers and sellers the opportunity to save time because there is a limited timeframe of 24 hours to bid for any product. This will give the seller a guarantee to get an authorized buyer only, which in turn prevents their product from being blocked by a malicious buyer. In addition, the freelance platform will allow freelancers and employers to use our original coins by paying only 0.1% of the cost while the use of other coins will cost 1%.

The main benefit for sellers is that they will get a 50% share in the share, regardless of whether their products are sold or not and if their products are sold, even buyers will also get 30% share of the share if the product is sold. Sellers have the opportunity to sell multiple quantities of the same product in different slots.

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. This platform facilitates light and fast trading techniques with 50% of revenues generated from trading. Revenue will be distributed among all BIDM token holders that are usually stored on the BIDIUM wallet. There is no transaction fee for BIDM token transfers between BIDIUM platform users. In addition, only 0.05% trade fees will be charged on the exchange platform and will be further reduced to a 0.01% trading fee for BIDM token holders. Offline wallet will be developed to save BIDM safely. BIDM tokens will also be used to bid on products in the BIDIUM market.

Freelancing is another feature offered by the platform. Freelancers and Employers will be able to use BIDM tokens with ĮŽNO biaya transaction fees for offer platforms, free platforms, and trading platforms. Reviews and ratings for every company and freelancer will help in maintaining the history. In short, our market structure consists of a network of various technical tools that will provide an opportunity for investors to benefit from markets without a centralized location. In our decentralized bidding market, we will provide buyers with access to different bids and give them the opportunity to transact directly with the seller rather than the centralized authority.

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.

Alfa, Beta, and Main Versions of Bidium Exchange
ALPHA
- Safe Wallet
- Trade and Exchange
- Crypto to Crypto Trading
- Bitcoin and Ethereum Markets
- English

BETA
- Includes Alpha Version Features
- Advance UI and Exchange Design
- Crypto-Fiat-Crypto P2P Trading
- Bitcoin Market, Ethereum, and Bidium
- Fixed reward system
- Languages - English, Russian, Japanese, Korean, Vietnamese, Arabic, Spanish

MAIN
- Include Alpha and Beta Version Features
- Wallet Safer with Integration of Hardware wallet
- Decentralized Exchange Additions
- Android and Iphone Mobile apps with secure wallet and trade features
- Languages - English, Russian, Japanese, Korean, Vietnamese, Arabic, Spanish

TOKEN DETAILS
Easy to distinguish and understand, very safe with maximum benefit to token holder !!
- Token Name: Bidium
- Ticker: BIDM
- Country: ESTONIA
- ICO SoftCap: 3 Million USD
- ICO Hardcap: 10 Million USD
- Non-Permanent Tokens Will Be Damaged
- ICO Start Date: May 25 12:00 IST
- ICO End Date: June 23 12 nights IST
- Price Token (Crowdsale): 0.02 USD
- Currency Received: BTC and ETH
- Minimum Purchase Limit: 50 USD
- Maximum Purchase Limit: 10000 USD

ROADMAP


Team & Advisor
Team
Nausheen Ahmad - CEO
Garima Singh - CTO
John Shipmen - Blockchain Developer
Walo Boni - Developer
Ashish Sharma - Main Developers
Ammar Luqman Siddique- SMM

Counselor
Vladimir Nikitin - Head of the Advisory Board
Nikolay Shkilev - Counselor
Anna Shkilyova - Marketing Advisor
Erickvand Tampilang - Bounty Adviser
Luis Brecci - Legal Counsel

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 visit the link below:

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
WONEPAPER: https://bidium.io/assets/documents/Whitepaper-Bidium-3.0.pdf
Username: Stevano
Profile: https://bitcointalk.org/index.php?action=profile;u=939773
ETH: 0x600551EA1C7fE83F9f63254B3b054DcAe9cC2251

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