The 40th Project On Coinstore launchpad Startup, myBID($MBID) #2 Round is Now Live! The IEO Subscription Will Start Soon!

Dear Valued Users,

We’re pleased to announce that the new IEO project for the Coinstore Startup: myBID($MBID) 2nd round is now LIVE! Coinstore will open MBID/USDT trading pairs on 25th February, 2024 (Please refer to the official listing announcement for the exact listing time). Stay tuned for our official announcement!

Limited-time offer! Join the IEO group now to get the latest IEO updates and have a chance to share 800 USDT!

Learn more: How to Apply?

Join Coinstore Launchpad Group Here

🗓 Launchpad Startup Event Period

February 22nd, 2024 14:00 (UTC) - February 24th, 2024 14:00 (UTC)

February 22nd, 2024 22:00 (UTC+8) - February 24th, 2024 22:00 (UTC+8)

Token Details

• Project Name: myBID
• Token Name: MBID
• Ticker/ Token Symbol: MBID
• Token Type: Utility
• Contract Address: 6Kic8C8WF5gXXRaDGjxPCKogXyew89dvUZg5asTDwNwt
• Total Supply:160,000,000 MBID
• Initial Circ. Supply When Listed on Coinstore: N/A
• Total Supply to Coinstore Launchpad: 789,474 MBID
• Fund to Raise:300,000 USDT
• Token Committed: USDT
• Subscription Price: 1MBID=0.38 USDT
• Hard Cap Per User: 3,000 USDT
  • Complete KYC2 to get a 2,500 USDT subscription amount.
  • Increase subscription amount by spot trading, for every 300 USDT of spot trading, the subscription cap increases by 100 USDT, capped at a maximum of 500 USDT.
  • Trading data will be refreshed every 10 minutes. The trading volume is calculated for the period: February 22nd, 2024 0:00 (UTC+8) - February 24th, 2024 22:00 (UTC+8).
• Vesting: 5 days linear vesting with 15% TGE

🗓 Startup Details & Schedule are as follows

🚀 Mark your calendar for the subscription period

You can commit a certain amount of USDT in your Spot Account towards the new project for the subscription.

🚀Listing Details 

Trading Starts: 25th February, 2024 18:00 (UTC+8)

Deposit & Withdrawal: TBD

About myBID

Our mission is to pioneer a cutting-edge Web3 digital identity platform, fusing the robustness of both public and permissioned blockchain technologies. At the heart of myBID lies the concept of Self-Sovereign Identity (SSI), which empowers users with secure control over their digital identities and interactions on the internet. myBID is designed to solve the problem of how digital identities are managed, verified, and utilized in the digital world.

To ensure top-tier security and trustless interactions, we have leveraged tools and libraries from Hyperledger Indy and Aries. These frameworks provide a solid foundation for identity verification and management, ensuring that data exchanges are secure, private, and tamper-proof. Complementing this, we rely on the high-performance capabilities of the Solana blockchain for token minting and contract handling. This combination of technologies enables us to offer a unique value proposition - a platform that is not only secure and efficient but also scalable and cost-effective.

One of our primary objectives with myBID is to reduce the costs and complexities associated with digital identity functions such as credential issuance, storage, verification, presentation, and connections. We envision myBID as a one-stop solution for perpetually preserving digital credentials in a secure wallet. This approach not only ensures the safety and longevity of digital credentials but also facilitates seamless connections across various platforms and services. In terms of transactional efficiency, myBID will significantly lower the barrier for integrating Web2 solutions into the Web3 space. By offering lower transaction fees and a user-friendly interface, we aim to make the transition to Web3 technologies more accessible and appealing to a broader audience.

Furthermore, to enhance user engagement and provide added value, we plan to introduce in-app token utility. This feature will incentivize user interaction and engagement within the platform, creating a dynamic and interactive ecosystem. The utility tokens will not only serve as a medium of exchange within the platform but will also be integral to accessing various services and features, thus driving user retention and platform growth.

By harnessing the power of Hyperledger Indy, Aries, and Solana, we are set to redefine the standards of digital interactions and identity verification 

Website | Twitter | Whitepaper | Telegram Group

Terms & Conditions

1. All participating users must follow Coinstore terms and conditions. Users from the following restricted countries or regions are not allowed to join the event.

Afghanistan, Albania, Belarus, Bosnia and Herzegovina, Burundi, Myanmar, Mainland China, Democratic Republic of the Congo, Cuba, Ethiopia, Guinea-Bissau, Guinea, Iran, Iraq, Liberia, Lebanon, Libya, Macedonia, Malaysia, New Zealand, Serbia, Sri Lanka, Sudan, Somalia, Syria, Trinidad and Tobago Tunisia, Uganda, Ukraine, Venezuela, Yemen, Zimbabwe, North Korea, United States of America and its territories (American Samoa, Guam, the Northern Mariana Islands, Puerto Rico, and the U.S. Virgin Islands), Zimbabwe.

2. During the Subscription Period, you can click on the "+" in the pop-up window displayed after clicking the "Commit Now" button and jump to the corresponding crypto deposit page, or top-up manually.

3. The maximum amount of USDT you can commit is equal to your "Subscription Cap".

4. Your subscribed tokens will be distributed to your Spot Account before the distribution ends.

5. Coinstore shall be entitled to disqualify users who make profits through malicious acts, including opening multiple accounts for additional gifts and other acts involving illegal, fraudulent, or harmful effects.

6. Coinstore reserves the right to final interpretation of this event. If you have any questions, please contact our customer service.

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Coinstore is not responsible for your trading losses.

Coinstore Team

22nd February, 2024