We are excited to announce that the next IDO project that will launch soon on Ignition is HoDooi.com, the multi-chain marketplace to create, buy, sell and resell NFTs, secured by blockchain technology and powered by the HOD token.
Here are the important dates to note for participation:
📋 Whitelist Start: June 05, 2021
⏰ Whitelist Close: June 08, 2021
🚀 IDO on Ignition: June 14, 2021
🔗 CHAIN: Binance Smart Chain (BSC)***
🔒➡️🔓 Vesting Period: 100% on redeem on Ignition
Apply for the HoDooi.com whitelist lottery for Ignition HERE.*
The Current Problem with the Global NFT Marketplace
Sales in the global NFT marketplace surpassed $2 billion in the first quarter of 2021, making it an area that is constantly increasing in popularity leading many individuals and enterprises to create, mint and sell this new type of digital asset.
This is undoubtedly great news for NFTs and for the overall crypto and blockchain space; however, as these assets are still somewhat in their infancy, there is much room for improvement regarding how they are utilized and streamlined to the masses.
Even though there has been much popularity and hype around NFTs in recent times, they still have not been adopted fully across many industries, including E-marketplaces. Existing NFT platforms face a number of issues that include high gas fees, bad user experiences, outdated buying processes, lack of trust and transparency, and limited payment options. These are just some of the issues that exist in the current marketplace, leaving way for more reasonable, logical and user-friendly solutions to take the lead.
Enter HoDooi.com — The eBay for NFTs
HoDooi.com is building a multi-chain digital content NFT platform where users can create, buy, sell and resell digital content NFTs. The focus behind the project is to make the world of NFTs an easy place to navigate.
Hodooi.com will overcome current problems that users experience on existing NFT platforms by showcasing a selection of key features. For sellers, the HoDooi.com platform will include features very similar to eBay, such as a Buy it Now option, reservation price listings and more detailed verification processes to verify users and assets. Moreover, sellers can leverage tokenized rewards and access exclusive membership options.
Buyers on NFTs will gain access to a more trustworthy and professional marketplace that will include verifiable product and personal reviews. They will also be able to decide who to purchase NFTs from based on account status and can utilize multiple payments and membership options.
Finally, creators can upload pieces of digital content, select their chosen blockchain network and start an auction listing quickly with 0 fees for creating their NFTs. They will also be able to preview NFT listings in a way that supports all file types, including 2D and 3D media, audio, video, and more, store their private files efficiently and tokenize any content they like as an NFT.
Participate in a multi-chain marketplace enter the HoDooi whitelist lottery HERE*
The HOD Token
The HOD token represents the centre of the HoDooi.com ecosystem and will provide benefits for users and holders alike, including cheap fees, a direct form of payment and a transaction medium for those users in the membership program. Moreover, HOD tokens will be awarded to users for staking on the Membership Program and will be the primary asset used in platform competitions and referral programs. HOD will be governed by smart contract andWeb 3.0 technology to maintain transparency and provide trust.
*For applications to be considered valid, all applications must adhere to the PAID whitelist lottery rules, pass PAID Ignition’s KYC process, and adhere to each project’s specific KYC requirements and country restrictions which vary per project on a case to case basis. For a list of HoDooi specific restricted KYC countries, check HERE.
***HoDooi is a BEP-20 project being launched on the Binance Smart Chain. If you are participating in the whitelist please see our instructions article about connecting your Metamask wallet to the Binance Smart Chain in order to be able to redeem BEP-20 tokens.
The Multi-Chain Marketplace to Create, Buy, Sell & Resell NFTs secured by blockchain technology and powered by the HOD token.
IGNITION is a featured product of PAID Network, operating as a decentralized swapping protocol that allows blockchain-based token projects to offer their private and public auctions. The platform features Ethereum, Binance Smart Chain (BSC), and here shortly, Polkadot functionality.
Ignition is different from other auction platforms in that it properly vets and selects only top-tier cutting-edge projects. Its multi-level incentivization mechanisms for participants of published projects will encourage HODLing that supports both the project founders and the community. It isn’t just a trading platform; it FUELs projects and takes fundraising to the next level.
Ignition brings quality projects, fixed swaps, and equitable lottery participation to the PAID community.
PAID Network seeks to redefine the current business contract, litigation, and settlement processes by providing a simple, attorney-free, and cost-friendly DApp for users and businesses to ensure they #GetPAID wherever they are in the world.
PAID technology leverages Plasm to operate on both Ethereum and Polkadot ecosystems. PAID makes businesses exponentially more efficient by building SMART Agreements through smart contracts in order to execute DeFi transactions and business agreements seamlessly.
For any questions for the PAID network, please feel free to reach out to us on:
HoDooi IDO on Ignition: Whitelist Lottery Form