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The Bitdepositary mission is to eliminate and prevent scammy token generation practices (often referred to as Initial Coin Offerings, in all its forms: utility token offerings, security token offerings, initial convertible coin offerings, stable coin offerings), by creating a space and framework (called the Finance Marketplace) to guide the less experienced investors in the space, and aid them in making proper risk-free investment decisions. In an effort to serve its community, the Finance Marketplace includes:
- Its own proprietary BDT Exchange (Users holding from 1.000 BDT benefit from ZERO FEE discounts)
- the BDT Crypto Credit Card (Visa, for everyday use)
- the BDT Multi Wallet integrated with the BDT Exchange
- the BDT Online Wallet
- the BDT Chain which allows users to vote for projects they believe in and benefit from discounted prices (similar to early-stage pre-ICO offerings).
Token Status and Distribution
The Bitdepositary ICO has been completed, with a target of USD 25 million achieved. The sale (pre-sale, private sale, and crowd sale) took place between June and September, 2018, across a period of 4 months. A total of 560 million BDT tokens were sold to approximately 14,000 buyers. Total token supply is 1 billion BDT tokens. A percentage of the total supply was used for bounty and airdrop campaigns, part of the ICO marketing efforts. We expect around 400 million tokens to be burned.
The Token Distribution structure enables the majority of tokens to be distributed to the community and token buyers (75% of tokens will be distributed to all BDT token holder), and remaining percentages for the Team & Founders (5% of BDT tokens), as well as for ICO Marketing costs (20% of tokens allocated throughout the sale).
contract address: 0x033030feebd93e3178487c35a9c8ca80874353c9