Bdaq, a token exchange and a startup registered in the Switzerland’s crypto valley and lacking a central office, has accomplished an astounding feat like no other. It is offering a solution for billions of tokens to be bought and sold in real time before actually being listed on exchanges.
The magnitude of the offering can only be explained by what you missed. It has similar growth prospects as some of the top ICOs of the past. You may remembered a tiny little idea called EOS : which extracted more than $700 million in real money from ICO investors around the global by selling their tokens. Similar to Initial Public Offering, they used ICO, which is Initial Coin Offering to create this liquidity for themselves.
The interesting concept is that buyers get digital tokens – these tokens increase in value based on when you participated and the price they open at when they are actually tradable on the crypto exchanges like Bittrex.com.
There are three stages to most ICO’s
Private Sale
Pre sale
Crowd Sale
Each stage offers a different value proposition to the one before. Those who participate early and pick the right ICO can earn a boat load of cash.
The purchase agreement that buyers in almost all ICO’s must sign states this very clearly and for EOS this is what they said :
The EOS tokens do not have any rights, uses, purpose, attributes, functionalities and features, express or implied, including, without limitation, any uses, purpose, attributes, functionalities and features on the EOS Platform
Some people say, the only thing buyers in this ICO get is a hope that token price will go up, that is not true. Picking the right ICO’s and doing your due diligence is the key. Hope goes far when you done your homework and didn’t just throw money.
You must look at what is the value and the concept of the ICO?
Does it have demand?
Does it solve an existing problem?
Will lots of people benefit from it?
What are they solving?
In EOS’s case, those who participated at the right time won big. This is the case with the next big thing, the next big ICO. Bdaq.
Bdaq solves a fundamental problem. It allows all the token holders of the world to be able to sell your tokens as and when you want to.
It allows you to liquidate your assets so you can spend that money to make additional investments
It shortens your cycle time between investments
It could actually predict the opening price of the token when it gets listed on the exchanges.
There are million of token holders already, it gives them a solution they currently don’t have.
EOS went from force to force
The price of the token has skyrocketed, though prices vary around the globe, depending on the exchange where EOS is traded. At the moment I’m writing this, on the top 10 exchanges by EOS volume, prices range from $9.67 at Bithumb to $8.54 at Binance.
In mid-October, the price was still in the 50-cent range. So to people who bought at the time, it doesn’t matter that they own not even one iota of the company or its world-changing technology platform or whatever because since mid-October the price has multiplied by 19. That’s all that matters.
This is the kind of oppertunity, which changes lives and this is what Bdaq is setting to become.
You will be hard pressed to find a better value.
Add a comments below and let us help you see how you can make money from ICO’s.
Recent Comments