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Decentralized Finance and Trustless Stablecoin

Start : 06th Sep 2019 - End : 30th Nov 2020

What Is BiDao? BiDao is a new blockchain system that creates a trustless stablecoin and a new decentralized financial tool that allows leveraged trading in a trustless setup. Moreover, BiDao is a one-stop-shop for DeFi applications. The Problem At the moment there is no trustless stablecoin that is blockchain-agnostic and allows different crypto assets as collaterals. The only similar system is MakerDAO, but MakerDAO is completely dependent on the Ethereum Blockchain and therefore not able to interact frictionless with other crypto assets. The decentralized finance (Defi) market is growing each day and users are looking for new tools that can be used in the new decentralized financial world. The Solution BiDao is building a new blockchain system that is dedicated to DeFi. In the beginning, BiDao will be completely integrated with the Binance Blockchain and BNB will be used as the collateral. In the future also other Blockchains will be integrated into the BiDao ecosystem. Our goal is to create a blockchain-agnostic ecosystem for Defi applications. Fundraising To finance the implementation and marketing of the BiDao platform a fundraise will be conducted. During fundraising, the BID Token will be sold. The BID Token is a BEP-2 compliant Token that is running on the Binance Blockchain.

Details

Token : BID
Platform : Binance
Type : Utility
Price in ICO : 0.01 USD
MVP/Prototype : Available
Country : Germany
Whitelist/KYC : None
Restricted areas : USA, China
Accepting : BTC, ETH, LTC, BCH, XMR, USD
Hard Cap : 19,500,000 USD
Distributed in ICO : 75%

Project Team :

Bastian Aigner
Bastian Aigner

CEO

Brian Condenanza
Brian Condenanza

CTO

Caroline Kurpiers
Caroline Kurpiers

CMO

Xiaolong Zhang
Xiaolong Zhang

COO

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