The success of virtual in the past two months is evident, including me sharing relevant content with everyone from the very beginning. Brothers who got in early are now generally seeing several times the profit.
Yesterday, while browsing Twitter, I suddenly found that BID actually started doing similar imitation products. After briefly looking at the gameplay rules, I found it somewhat interesting. Plus, since the liquidity on BSC is good now, it feels like something could be made, so I simply bought some coins and invested them.
A few friends might be somewhat familiar with this project, bid is actually the first project launched by Binance Wallet, at that time there were only 500 spots, and each account could invest 500 USDT. I managed to grab two, one sold for 1800 USDT and the other for 2500 USDT, but I still sold too early, I remember the highest single account seemed to be close to 4000 😂.
So I naturally have a favorable impression of this project that allows me to make money.
BID has actually always been doing AI agents + a launch version, but there has been no innovation in distribution mode and technology, so for a long time, the coin price and popularity have been gradually declining, performing quite average. This is also a common problem with such old assembly line products.
Until a few days ago, bid suddenly started intensively publishing articles to promote its v2 launchpad. Since it is basically a complete replica of virtual's gameplay, I won't dwell on the homogeneous parts, just mention a few interesting innovations I think.
1. It's not a points system, but a membership level system, which scores each account comprehensively based on various indicators such as social interactions, staking, on-chain behavior, etc., setting a bid level for each account. This bid level determines the share you can effectively purchase in each launched proxy token, equivalent to the role of virtual points.
2. It comes with a built-in sniper robot, which I think is a very interesting point.
Because, in this model, each project's starting FDV is relatively low and consistent, and the high-quality proxy tokens selected by everyone's votes have a significant price increase after price discovery, which is obvious.
So every time the market opens, a sniper robot manages to grab low-price chips and distribute them to actual ecological users. It can be said that it is sucking the blood of participants and project parties through structural loopholes.
The launch version of bid allows excess funds beyond the allocation to be invested in the platform's built-in sniper robot, and each user can also purchase shares in this part, weighted according to their bid level, which is very fair.
It's like taking back the money that was originally taken by outsiders and redistributing it to our own users.
My personal view on this project:
First of all, the project is still quite rough right now, the web interaction experience is also poor, the actual product has not been delivered yet, they just released the concept first. It cannot be ruled out that they might be using a PPT to deceive everyone into locking up their stakes 😂.
But I think as long as the bid official really wants to make this function well, they will definitely launch some relatively high-quality projects or create some wealth effects in the first few periods.
Plus the airdrop promised by the official, bid distribution, etc., it feels like early staking and the new listings in the first few periods are likely to be profitable.
The current way to participate is to directly buy coins and then stake them on their official website.
Because the staking and unstaking for bid only require 14 days, everyone can mindlessly open short hedges, so even if the project doesn't succeed and the coin price drops, the short position will protect the principal. After 14 days, when the coins are unstaked and sold, there won't be any losses.
Completely invincible.
The only thing to note is position allocation, to guard against the possibility that the project starts successfully, causing the coin price to soar and leading to liquidation 😂.
I will continue to follow up on the situation of BID's v2 launchpad to see if it can replicate the glory of virtual.