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1
Ethereum Tokens / [ANN] Blockbid to provide Crypto-based Asset Loans
« on: February 18, 2018, 10:23:58 AM »
We’re excited to announce that by partnering with an accredited Australian credit provider, who have been around for 10+ years and operate under an Australian Credit License, we are able to provide capital loans backed by crypto-assets for users of the Blockbid exchange.

Instead of taking out a loan against traditional assets (e.g. house, car…etc), crypto-based asset loans allow you to protect your assets by taking out a loan against your coins instead, and receive fiat currencies (e.g. AUD) directly to your bank account.

Blockbid’s crypto-based asset loans will first be offered within Australia but will expand to our global users in the near future.



Requirements:
There is no minimum or maximum loan amount — if your account is fully verified and you currently reside in Australia, this option will be available to you and will be sent to your Australian bank account directly.

How it works:
You apply to Blockbid for the loan amount and agree to the credit terms. Your coins are then locked away in a smart contract, which dictates the terms of the loan. Once the loan is repaid, the coins will be released via the smart contract to your account. You can repay the loan amount at any time and keep your coins, as well as any profits earned through coin maturity.

If the loan is not repaid by the time it expires, Blockbid will try to contact you through nominated phone numbers, email addresses…etc. If you’re uncontactable for a set period of time, the coins will be released by the smart contract to the credit provider up to the value of the coins at market value to repay the outstanding loan balance.

Interest is automatically deducted from the coin value or can be paid monthly to the bank account that Blockbid provides to you.

For example, if you have 5 BTC with a market value of $50,000 and apply for a loan of $35,000, you will first need to agree to the interest payment terms and conditions of the loan. Your coins will be held via the smart contract and the loan amount will be provided to you. Once the loan is repaid, your coins will be released to you via the smart contract, plus any profits.

Market Movement:
If the value of your coins increases during the time of the loan, you can repay the balance of the loan at any time, your coins will be released to you via the smart contract, as well as any profits earned.

If the value of your coins decreases during the time of the loan or the market moves into a negative position, the smart contract will automatically sell your coins before their value drops below the outstanding balance amount — any amount remaining after the loan is repaid will be credited to your bank account.

EARLY ACCESS & BETA:
To sign up for Early Access on the Blockbid Exchange, visit: https://blockbid.com.au/beta

GET IN TOUCH:
Email: [email protected]
Telegram: https://t.me/joinchat/C5go9A9sMT8ss14UOkPIHA
Website: https://blockbid.com.au/
Signup: https://blockbid.com.au/beta

2
Blockbid is proud to announce it is continuing it’s hyper-speed growth with a few big announcements.

Rebranding:
We’ve made some design improvements, freshening up our look towards the anticipated launch of the exchange. You can read more about our rebrand via this link: https://medium.com/@blockbid/blockbid-rebrand-2664e660dc6a, and get a sneak peak of the design that we’ll be rolling out in the next couple of weeks.



Team Expansion:
We’re excited to welcome four new team members to the Blockbid family!

David Sapper — Chief Operating Officer
Co-founder of Blockbid, experienced in consistently penetrating new markets with having the ability to leverage analytical skills to gather and review in-depth industry, market and competitor research, demonstrated by successful exits of 2 previously founded tech start ups
https://www.linkedin.com/in/david-s-285650158/

John Kappa — Design, Brand Manager
Highly respected designer who specialise in Branding, Digital Design and UI Design with an out-of-the-box thinking and approach.
https://www.linkedin.com/in/johnkappa/

Casey Gardiner — Technical Advisor
More than 20 years programming experience in a plethors of languages, certified in advanced network technology and strong knowledge of OOP concepts, XML schemas, debugging complex problems, abstract data structures/algorithms, and source control applications.
https://www.linkedin.com/in/caseygardiner/

Matanya Epstein — Content Creator & Social Media Coordinator
Experienced content writer with a strong understanding of the cryptocurrency industry, who is passionate about spreading the word about Blockbid with the wider population.
https://www.linkedin.com/in/matanya-epstein-bb9399157/


UX/UI Partnership:
Blockbid is pleased to announce Studio Mass as our UX/UI design partners.
http://studiomass.com.au/


EARLY ACCESS & BETA:
To Qualify for Early Access on the Blockbid Exchange, visit: https://blockbid.com.au/beta

GET IN TOUCH:
Email: [email protected]
Telegram: https://t.me/joinchat/C5go9A9sMT8ss14UOkPIHA
Website: https://blockbid.com.auBeta
Signup: https://blockbid.com.au/beta

3
Ethereum Tokens / [ANN] Blockbid: Soft Cap Achieved!
« on: December 13, 2017, 01:41:32 PM »


We’re excited to announce that we have successfully achieved our softcap of 1 million tokens sold!


TOKEN SALE ENDS THIS WEEK
If you haven’t participated in the general sale yet, don’t worry, there’s still time but the clock is ticking!

The general sale ends on the 16th of December.
To purchase Blockbid Tokens, send ETH to crowdsale address:
0x029b0c90db9a97aab252da5b292b6061d397fa95

Set gas limit to 200,000
(min. 0.1 ETH — max. 100 ETH per transaction)
Current Rate: 1 ETH = 200 BID

Read our Whitepaper - https://blockbid.com.au/whitepaper
Visit our Website - https://blockbid.com.au
View Wireframes & UI Demo - https://blockbid.com.au/exchange

Sign up for your 'Early Access' invitation: http://eepurl.com/c8cfn5

4
Ethereum Tokens / [ANN] Blockbid: Wireframes & UI Demo now available!
« on: November 21, 2017, 07:50:41 PM »


Blockbid is pleased to reveal our Demonstration User Interface for our upcoming exchange launch.

It can be viewed here: https://blockbid.com.au/exchange

There will be many more features implemented for and during beta testing, and many more again in preparation for public launch.

We welcome and encourage all feedback and criticism. Also bear in mind that for live launch we intend to provide the user with a choice of colour scheme (as opposed to simple night/day mode offered by some current exchanges).

Thanks again for all your support and let’s continue to work together to make Blockbid the best exchange that Crypto has ever seen.

Subscribe for beta testing and early access https://blockbid.com.au/#support.

View the original Bitcoin Talk Announcement https://bitcointalk.org/index.php?topic=2437078.new#new.

The Blockbid Team
[email protected]
https://blockbid.com.au


5
Ethereum Tokens / [ANN] Blockbid: 90% Reduction in Coin Supply
« on: October 31, 2017, 01:13:07 PM »
90% Reduction in Maximum Coin Supply

Blockbid is pleased to announce that it has reduced its maximum coin supply from 30m tokens to 3m tokens. This decision has been made following investor feedback and to ensure investor confidence.

This will be done by pausing the smart contract once 3m tokens are sold. As before, our soft cap remains at 1m tokens. If this figure is not achieved, all ETH received is automatically refunded via the smart contract.

The initially planned and stated maximum potential coin supply of 30m, if the ICO was fully subscribed, would result in a Blockbid market cap of approx USD$20m, which is higher than justified given our relatively early stage of development.

The original hard cap was formulated to provide adequate supply for a large number of traders to receive free or discounted brokerage on our exchange, as no additional coins will ever be minted.

We also feel it is important to only raise the funds that are required to build the exchange, and USD$2m will be sufficient for this. If further funds are required in addition to USD$2m, they will be raised via private equity.

With a reduced maximum supply of 3m tokens, the highest possible market cap Blockbid can attain based on ICO pricing is approx USD$2m; this figure is commensurate with our current stage of progress.

This will support BID token value upon commencement of trading, which will be shortly after ICO completion on one or more of the many existing exchanges.

Blockbid is and will continue to be highly attentive to user and investor feedback, and one of our primary concerns is to ensure that the on-market value of our tokens meets or exceeds the price paid by ICO participants.

With this adjustment, the maximum market cap and coin supply upon commencement of trading will be 90% lower than stated in our initial ICO announcement.

The whitepaper and all future press releases will also be amended.

If you wish to participate in the ICO you will require an Ethereum wallet such as MEW.

The ICO participation link and Ethereum address to send ETH to can be found at https://blockbid.com.au

Our telegram discussion room can be joined here https://t.me/joinchat/C5go9A9sMT8ss14UOkPIHA

Read the Bitcoin Talk Announcement: https://bitcointalk.org/index.php?topic=2339067.new#new

6
Bringing Stockmarket Exchange Quality and Convenience to Cryptocurrency Trading

CURRENT PROTOCOLS & ISSUES
At present, cryptocurrencies are scattered across multiple exchanges, which means that users are often required to sign up to multiple platforms. This causes inconvenience and trust issues for users, as well as missed trading opportunities due to time lapse whilst funds are in transit between different exchange platforms.

OUR SOLUTION
Blockbid is an ultra-secure cryptocurrency trading platform with the goal of facilitating the highest volume of trades from the most cryptocurrencies on one platform. No more having to register and login to several exchanges or use poor quality exchanges just because they are the only platform to list a coin you have researched and wish to purchase.
Listing will be free for all coins, and in addition, we will proactively approach the teams behind each current coin and new coins as they are created to arrange listing.

We also plan to solve the inconvenience of needing one provider to exchange fiat to Bitcoin/Litecoin/Ethereum, and another to purchase and trade the hundreds of smaller altcoins, by accepting fiat currencies directly.

CORE OBJECTIVES
- Trade all CoinMarketCap coins with an up to date blockchain on our exchange
- Ease of access — catering to new and experienced traders
- Security built from the ground up
- Operating in accordance with AML/CTF Act
- Low fee, feature rich, intuitive trading platform

WHY BLOCKBID?
- Trade with the highest number of cryptocurrencies available on one exchange
- Low transaction fees
- All cryptocurrency assets are insured
- Fully compliant with Australian AML/CTF Act
- All funds are secured by multi-signature wallets
- Operating on Australia’s fastest exchange network Scalable up to 1 million transactions per second
- First Australian cryptocurrency exchange to operate under AFSL guidelines
- Ultra-secure platform using latest security protocols and designs

SECURITY
Our developers stay up to date with the latest technological advances and are at the forefront of innovation. We offer our users cutting-edge security, utility and scalability.

Front-end built on the latest fluid UI designs, which are also used by Facebook, Instagram, Netflix, Whatsapp, Dropbox and more. Back-end built on the latest secure designs, which are also used by Uber, Paypal, Linkedin, Ebay, Yahoo and other global corporations.

Direct datalink to 180+ co-location facilities on 5 continents with a history of 99.99999% uptime Fastest secure network operating on Australia’s fastest gigabit network to deliver maximum bandwidth at all times.
We hold ourselves to highest standards of public trust in maintaining user integrity and operational transparency. All funds are secured by multi-signature wallets.

The Blockbid exchange and all cryptocurrency assets will be insured and protected against cyber attacks. Blockbid is a fully compliant and registered company based in Australia.

ROADMAP SUMMARY
Q4 2017 Beta testing and product refinement stage. Early access members will receive 0% transaction fees for 1 month post public launch as a reward for assisting us during beta testing. To sign-up for early access, subscribe on the Blockbid website www.blockbid.com.au

PUBLIC LAUNCH Q1 2018
Ultra-secure platform running on Australia’s fastest exchange network to facilitate up to 1 million transactions per second, with security built from the ground up. Fully compliant with Australian AML/CTF Act.

FIAT TRADING Q3 2018
Blockbid will support trading of a wide range of mainstream fiat currencies for ease of access.

MOBILE EXCHANGE Q4 2018
Launch Blockbid app as a mobile exchange platform with personal private key wallet.

FURTHER DEVELOPMENT
NFC Payments: In-wallet payment platform for blockchain assets. Blockbid will give you access to digital currency anytime, anywhere for your everyday payments.
Decentralised Exchange: P2P decentralised trading via the Blockbid wallet.

BLOCKBID TOKENS
Each token provides a 100% discount off the 0.1% flat fee. Blockbid is an ERC20 compliant token based on the Ethereum blockchain. Blockbid smart contract and tokens will launch on 22nd of October 2017

BENEFITS OF USING BLOCKBID TOKENS ON OUR EXCHANGE
Blockbid tokens can be used on the Blockbid exchange to reduce the transaction costs of trading by 100% during year 1, and a 50% discount thereafter.

HOW TO PURCHASE BLOCKBID TOKENS
Blockbid tokens will be for sale at our ICO which you can participate in by entering your email under the Join ICO section of our website www.blockbid.com.au

Users can transfer ether to the address we will provide in exchange for Blockbid tokens. The ICO value of Blockbid tokens will be:
Week 1: 1 ETH = 360 BID
Week 2: 1 ETH = 340 BID
Week 3: 1 ETH = 320 BID
Week 4: 1 ETH = 300 BID

The minimum contribution is 0.1 ETH and the maximum is 100 ETH per transaction. Final BID per ETH ratio will be adjusted according to ETH price to ensure cost per BID in USD terms is no higher than it would be at a USD$250 ETH price. Blockbid will endeavour to lock final Blockbid token price as close to $1USD = 1 BID. Participants will receive a MINIMIM 8–20% bonus during initial weeks of ICO.

SOFT & HARD CAPS
The soft cap for the Blockbid ICO is 1 million tokens. In the event that the Blockbid ICO does not achieve this, all participant funds will be promptly refunded. No more than 30 million Blockbid tokens will be created and we will not be accepting more payments if this token count is achieved.

HOW ARE THE GENERATED TOKENS DISTRIBUTED?
The generated tokens will be distributed at a rate of 80:20 between general sale and Blockbid. From Blockbid’s 20%, founders and team members will retain 12% and 8% will be available for bounties and rewards post-ICO.

USE OF FUNDS
Proceeds raised from the ICO will be used to fund platform development and expansion coinciding with anticipated strong user growth. 15% of of all funds raised during the ICO will be kept in cold storage.

WHAT HAPPENS TO THE BLOCKBID TOKENS ONCE YOU’VE USED THEM?
We will redistribute all of the redeemed tokens back to the Blockbid trading community free of charge in the form of rewards. Some examples of rewards can be in the form of referrals or continued support of our exchange.

GET IN TOUCH
Email: [email protected]
Website: https://blockbid.com.au
Whitepaper: https://blockbid.com.au/assets/documents/blockbid_whitepaper.pdf
Twitter: @blockbid_io
Facebook: facebook.com/blockbid
Telegram: https://t.me/joinchat/C5go9A9sMT8ss14UOkPIHA
GitHub: https://github.com/Blockbid

7
Blockbid is pleased to announce a bounty and rewards program for Twitter promotion.

For each retweet of a Blockbid tweet, or by tweeting the link to a Blockbid article, the bounties will be as follows for per retweet or linkshares:
- 0.1 BID token - if you have 0-249 followers
- 0.3 BID token - if you have 250-499 followers
- 0.5 BID token - if you have 500-999 followers
- 1 BID token - if you have 1000-1999 followers
Increasing by 2 BID per 1000 followers from 2000 and above[/li][/list]

So if you have 2000-2999 followers, you will receive 3 BID tokens for each retweet or linkshare. If you have 3000-3999 followers, you will receive 5 BID tokens per retweet/linkshare, and so on.

Conditions:

- You will need to ensure your timeline is visible (not private)
- Maximum of 1 retweet or link share per account, per day
- Maximum 250 retweets/link shares per Twitter account for the duration of the campaign.

Bounty campaign closes on the 14th of December 2017.

Below is the link to the Blockbid ICO thread, which you are able to post on Twitter to earn tokens, as you are with this announcement, and any previous Tweets from the official Blockbid Twitter account.

https://bitcointalk.org/index.php?topic=2258419.new#new

Twitter: https://twitter.com/blockbid_io

To register just send an email to [email protected] expressing your interest, and we will send you instructions on how to participate in the bounty campaign.

If you wish to participate in the Blockbid ICO, you can sign up on our website https://blockbid.com.au

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