BIDIUM
BIDIUM
Token: BIDIUM


BIDIUM: The Best Service Around

ICO dates
Start date: 2018-03-26
End date: 2018-04-10

Registrated in: India

Platform: ERC20
Type: ERC20

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https://www.bidium.io Screenshot
BIDIUM categories
Business services Cryptocurrency Internet Platform Software
BIDIUM whitepaper
Video
BIDIUM token sale
KYC passing required Yes | Whitelist Yes | Restriction for countries USA, China
Soft cap 3,000,000 USD
Hard cap 10,000,000 USD
Tokens for sale 800,000,000
Token distribution in ICO
80%
80%
Price 1 BIDIUM = 0.02 USD
Price in PreICO 1 BIDIUM = 0.01 USD
Minimal investment 50 USD
Acceppting ETH, BTC
BIDIUM news, social
BIDIUM search trends in Google
Random whitepaper excerpts

A. Disclaimer
This is a conceptual document (“White Paper”) describing our proposed
BIDIUM platform
and BIDM tokens. It may be amended or replaced at any time. However, we are under no
obligation to update this White Paper or to provide the recipient with access to any
additional information. This White Paper is for discussion purposes only.
This Whitepaper, any part thereof and any copy thereof must not be taken or transmitted to
any country where distribution or dissemination of Token Sale or Initial Coin Offering like
the one described in this Whitepaper is prohibited or restricted.
BIDM tokens (as described in this White Paper) are not intended to constitute securities or
any other regulated product in any jurisdiction. This White Paper does not constitute a
prospectus nor offer document of any sort and is not intended to constitute an offer or
solicitation of securities or any regulated product in any jurisdiction. This White Paper has
not been reviewed by any regulatory authority ...

This White Paper is provided in an official English version only. Any translation is for
reference purposes only and is not certified by any person. If there is any inconsistency
between a translation and the English version of this White Paper, the English version
prevails.
Other than BIDIUM, the use of any company and/or platform names and trademarks does
not imply any affiliation with, or endorsement by, any of those parties. References in this
White Paper to specific companies and platforms are for illustrative purposes only.
You must take all necessary professional advice, including in relation to tax and accounting
treatment. We hope the BIDIUM project will be highly successful. However, success is not
guaranteed and digital assets and platforms involve risk. You must assess the risks and your
ability to bear them.
3
...

Contents
A. Disclaimer .........................................................................................................................................................2
1. Introduction .....................................................................................................................................................5
1.1. Abstract........................................................................................................................................................................ 5
1.2. Background: Market Opportunity..................................................................................................................... 6
1.2.1. Bidding Marketplace Overview .............................................................................................................. 6
1.2.2. Freelance Platform Market Overview .................................................................................................. 7
1.3. Problem Domain .......................................................

1. Introduction
1.1. Abstract
BIDIUM is a decentralized cryptocurrency exchange which combines the power of Advance
Auction with Freelance Hiring on top of Blockchain Technology. It acts as a bidding
marketplace for buyers to purchase by bidding and a freelance platform to employers, who
are looking to hire freelancers. The transaction could be made with the aid of more than 10
coins. The exchange accepts BIDM (Bidium native token), Bitcoin, Ethereum, Litecoin and
other coins that will be announced at a later stage.
The platform offers buyers and sellers the opportunity to save time as there is a limited time
period of 24 hours to bid for any product. This will provide sellers an assurance of getting
authorized buyers only, which in turn prevent their products from being blocked by
malicious buyers. In addition to this the freelance platform will give both freelancers and
employers the opportunity to use our native coin by paying only 0.1% charges while the use
of another coin will attract 1...

different bids and give them the opportunity of directly transacting with sellers rather than
a centralized authority.
1.2. Background: Market Opportunity
The concept behind the exchange platform is evolved based on a vast research over various
prominent portals. Background of the concept is further decomposed in two parts:-
1.2.1. Bidding Marketplace Overview
Research indicates that 34.3% of eBay sellers earn under $10,000 in a year while at Amazon
it’s only 9% sell
ers. In addition to this, just 3.9% of eBay sellers make above a million dollars
in a year as compared to 16.7% of Amazon sellers. Research also highlights that only 2.1%
of sellers make above $10 million revenue in a year from Amazon marketplace
.
A large percentage (approx 63%) of sellers is dependent on above mentioned marketplaces
to sell their products; however there is an impending risk involved in this. Being a
centralized mechanism these marketplaces acts as a super power to all the stakeholders. At
any p...

with marketplace selling, the bidding mechanism will help as in the longer term it creates a
more transparent and more competitive industry.
Analysis represents that it is very difficult to be successful when there is a very good profit
margin and there is a prevailed belief that the fierce competition and low overheads of the
marketplace selling usually sink profit to the ground. Over one-fifth of online sellers
operates on margins (below 10% of the total sellers) and it is hard to imagine how these
sellers will cater for unforeseen circumstances especially considering underperforming
stocks, however, more than half will have a higher margin of profit above 20% and only 6%
are lucky enough to have margin greater than 50%.
Marketplace and bidding software play an important role, especially for marketplace sellers.
This software maintains a single truthful database for a sellers stock thereby synchronizing
the data with multiple marketplaces. Research indicates that sellers that use management
softw...

Income stability and ability to find work has been a major barrier in this segment. Statistics
also show that 69% of freelancers have attributed their success to technology.
In the UK, there are 1.4 million freelancers that are working across all sectors. The number
of freelancers has grown 14% over the past 10 years and the flexibility that is offered by
Britain’s freelancers has added positive value to their economy.
Freelancing is seen as a lucrative career option as most graduates have chosen to work as a
freelancer and freelancing economy is becoming a 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 that cut across various platforms is
appealing. Most people feel that they can earn more as compared to a traditional job.
Freelancing is a job that has flexible working hours. It is a great way to break out of the 9-5
and go it alone. It is a type of self-employment work that i...

usually a mutual agreement between the two parties on how and when the projects will be
carried out. The payment is made after the project is carried out to a required standard.
1.3. Problem Domain
The online bidding trend inherits various problems that service providers need to worry
about. Problem domain includes:
Lack of Transparency in Skill Evaluation
Poor Customer Support
Longer Transaction Time
Probability of false transactions
Lack of Transparency in Skill Evaluation:
The potential vendors over these platforms are
usually evaluated and pre-qualified against the set of instructions (bidding rules) placed by
these platforms. The commercial and technical terms are usually submitted by qualified
bidders and are evaluated by operators. Sometimes there are no certain reasons to accept or
reject a bidder. The idea of decentralized bidding platform is to improve transparency and
make online bidding for goods and services more competitive.
Poor Customer Support:
...

BIDIUM Roadmap

1
Q4 2017, November
Research on Market Opportunities – Global Analysis.
2
Q4 2017, December
Initial Research Completed and Concept Finalized.
3
Q1 2018, January
Designing of User Interface for ‘Bidding Marketplace’ and ‘Freelance’ platform.
4
Q1 2018, March
Whitepaper Public Announcement and Pre-sale Kick off.
5
Q2 2018, April
Bidium to conduct ICO Sale.
6
Q2 2018, June
Launching of Exchange & Begin listing BIDM on Major exchanges.
7
Q3 2018, July
Exchange App Launching.
8
Q3 2018, July
Preparation for Launch – Marketing Campaigns.
9
Q3 2018, August
Launching of Freelance Platform.
10
Q3 2018, September
Freelance App Launching.
11
Q4 2018, October
Preparation for Launch – Marketing Campaigns.
12
Q4 2018, November
E-Bid Marketplace Launch.
13
Q4 2018, December
E-Bid Market App Launch.
John Shipmen
John Shipmen Blockchain Developer

Ashish Sharma
Ashish Sharma Lead Developer

Walo Boni
Walo Boni Developer

Ammar Luqman Siddique
Ammar Luqman Siddique Social Media Manager

Vladimir Nikitin
Advisors Vladimir Nikitin Head of Advisory Board

Nikolay Shkilev
Advisors Nikolay Shkilev Advisor

Luis Brecci
Advisors Luis Brecci Legal Advisor

Anna Shkilyova
Advisors Anna Shkilyova Marketing Advisor

Erickvand Tampilang
Advisors Erickvand Tampilang Bounty Advisor

Anna Shkilyova
Anna Shkilyova
Marketing Advisor
ICO Expert/Advisor
Ashish Sharma
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Lead Developer
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Bounty Advisor
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(Community Advisor)
Advisor
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Bounty expert
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CTO
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KYC DIRECTOR
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Vice-president of Blockchain startup CryptoPromo
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ICO/Compliance Advisor
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Blockchain & ICO Expert, Political Advisor, Coalichain Ambassador - Russia
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