Manchester, United Kingdom: Bidooh (the “Group”), a real-time, real-audience, digital billboard advertising platform, is pleased to announce its strategy to increase the global reach of the DOOH Token following the completion of the Group’s Initial Coin Offering (“ICO”).
Bidooh’s ICO has received the support of major, global digital exchanges such as OKEx and HADAX, and its DOOH token has successfully secured listings on multiple international exchanges. Pleasingly, the management team plan to protect token prices for all stakeholders and will defer the live listing of the DOOH Token on external exchanges following the completion of the ICO.
Additionally, Bidooh will control supply and pricing of all tokens it issues directly, following completion of the ICO. At present, one DOOH Token costs US$0.0005, or US$1 for 2,000 tokens. Since a 10-second ad space on the Bidooh platform costs US1.4 cents, it is currently 28 times cheaper to purchase advertising space on the platform using DOOH Tokens compared with $USD.
In order to allow maximum participation at this discounted level, the ICO end-date has been extended to 26 December 2018. Bidooh will thereafter increase the DOOH token price to $0.0010 on 27 December 2018, so participants in the ICO receive this early stage 50% discount.
Bidooh will continue to stimulate demand for its DOOH token by increasing the scope of its digital billboard advertising platform. Multiple global contracts have already been secured to install screens running the Bidooh platform and the Group continues to grow its global commercial partners and multinational franchise network of screen owners and the scope of its global agreements.
Abdul Alim, co-founder and CEO, commented: “The post-ICO strategy outlined today highlights the tremendous discount available, up to 26 December 2018. As the global reach of the Bidooh Platform expands, we will see increased network value for users of the DOOH token. The DOOH Token has been very specifically designed to benefit those seeking to secure advertising space on our platform at a significant discount. We continue to receive a high level of commercial demand for our platform and will grow the business in the interest of all users of the Bidooh platform.”
This communication is for informational purposes only and does not constitute and is not intended to be an offer to sell, a solicitation of an offer to buy, or a recommendation of: (i) the Company, (ii) an investment in the Bidooh Blockchain Platform or any project or property of the Company, or (iii) shares or other securities in the Company or any affiliated or associated company in any jurisdiction. The information set forth in the “Legal Considerations, Risks and Disclaimers” paper may not be exhaustive and does not imply any elements of a contractual relationship. While we make every reasonable effort to ensure that all Available Information is accurate and up to date, such material in no way constitutes professional advice. Individuals intending to participate in the Token Generation Event should seek independent professional advice prior to acting on any of the Available Information.
The Company does not recommend purchasing Tokens for speculative investment purposes. Tokens do not entitle you to any equity, governance, voting or similar right or entitlement in the Company or in any of its affiliated companies. Tokens are sold as digital assets, similar to downloadable software, digital music and the like. The Company does not recommend that you purchase Tokens unless you have prior experience with cryptographic tokens, blockchain-based software and distributed ledger technology and unless you have taken independent professional advice.
Citizens, nationals, residents (tax or otherwise), green card holders and/or Restricted Persons of any Restricted Jurisdiction shall not process the Available Information and are prohibited from participating in the Token Generation Event or the purchase of Tokens or any such similar activity.
In no event shall the Company or any current or former Company Representatives be liable for the Excluded Liability Matters. The Company does not make or purport to make, and hereby disclaims, any representation, warranty or undertaking in any form whatsoever to any entity or person, including any representation, warranty or undertaking in relation to the truth, accuracy and completeness of any of the information set out in the Available Information.
You should carefully consider and evaluate each of the risk factors and all other information contained in the Terms before deciding to participate in the Token Generation Event.
For Legal disclaimers, Terms & Conditions https://bidooh.io/docs/legal.docx
About Bidooh
Bidooh is the world’s first facial analysis, digital billboard software platform on the blockchain, promising to revolutionise the $34.8bn Out-of-Home (“OOH”) advertising industry through democratisation, engagement and transparency. The Group provides a complete turnkey platform which allows businesses to create an advert on the Bidooh app or website and book space in real-time. Within 60 seconds, this is displayed on a selected screen around the globe and data analytics is made immediately available for advertisers to measure the performance of their campaign. The Group has an MVP in place and screens live in multiple locations, along with an ever-growing number of global partners.
DOOH Token Sale
The ICO commenced on 31 October and is due to close on 26 December 2018. The Token Sale has successfully reached its soft cap of $5m USD and has a hard cap of $25m USD.
To participate in the Token Sale, prospective purchasers are advised to visit http://www.bidooh.io/. Payment methods: Ethereum, Bitcoin, Litecoin, Bitcoin Cash, Stellar Lumens and Fiat.
For more information about the Token Sale, please visit the following links:
Website – https://bidooh.io/Whitepaper – https://bidooh.io/whitepaper/whitepaper.pdf
Telegram – https://t.me/bidooh
Medium – https://medium.com/@bidooh.io
Reddit – https://www.reddit.com/user/bidooh
Facebook – https://www.facebook.com/bidoohuk/
Twitter – https://twitter.com/bidoohuk
LinkedIn – https://www.linkedin.com/company/bidooh-ltd/
Instagram – https://www.instagram.com/bidoohuk/
YouTube – https://www.youtube.com/channel/UCrMlbZCcZDzxQm3ZBozWaJw/featured
