Ridotto is absolutely thrilled to announce that BIDSHOP, the first fully privatized on-chain Auction House, will be partnering with Ridotto to spread the love of decentralized gaming to their community and their many platform users.
The collaboration centers around the creation of a BIDSHOP-dedicated slot machine and lottery, which will be featured on both Ridotto’s and potentially BIDSHOP’s platform as well.
BIDSHOP Daily Auctions
As part of our partnership initiative, BIDSHOP is gifting free bids and a point booster to all $RDT token holders! That means you!
The point booster will allow players to rack up more points by bidding and claim a larger stake of the BIDSHOP airdrop, after TGE. When? Soon!
If you want to double your free bids, play Ridotto’s next lottery on Friday, June 23rd, and the BIDSHOP team will hook you up. Two games, and twice as many rewards just for participating.
Use your free bids to play BIDSHOP’s daily auction games and win cash and NFT prizes. Everyone who plays on the live test net will automatically earn points that can be farmed for free token airdrop when BIDSHOP does its TGE.
BIDSHOP to Host Auction: Ridotto Ownership NFT
After BIDSHOP launches its token, they will also host an NFT auction featuring a Ridotto Ownership NFT. Stay tuned! For the first time, you’ll be able to win one for pennies on the dollar.
BIDSHOP Slot Machine and Lottery
Also, Ridotto will create a BIDSHOP token-powered slot machine and lottery. It will benefit BIDSHOP massively.
Through it, both BIDSHOP and their community will be able to bankroll and earn profits from their very own Ridotto-built slot machine and lottery.
Through BIDSHOP’s lottery and slot machine, they can offer their community a sustainable and non-inflationary means of earning an APY, while simultaneously providing a gamified and highly engaging mode of added token utility.
Ridotto is thrilled to welcome BIDSHOP to its family of partnered projects, and is excited to provide a fresh level of excitement and engagement to their community!
About BIDSHOP
BIDSHOP — A Gamified Auction House for NFTs and DeFi built on Polygon. The first fully privatized on-chain Auction House introduced new ways to generate liquidity for WEB3 assets.
The combination of BIDSHOP’s [Privacy-as-a-service] encryption layer on top of Polygon’s network creates new and innovative possibilities to generate liquidity for any WEB3 asset.
Both crypto protocols & individuals can use BIDSHOP to quickly generate liquidity through a variety of auction products. Few examples:
- Initial Bid Offering: The crown jewel of BIDSHOP innovation. Driven from the “Highest unique offer auction” mechanism, players compete to win either Blue-Chip NFTs or Cash Prizes while only paying small Bid Fees for each bid placed.
- Silent NFT Auctions: Sell your non-floor NFTs at the highest price possible! Sellers choose a secret minimum price, and buyers compete in a closed auction. The result: The highest possible price for in-demand assets.
- Fair NFT Mint Auction: Launch an NFT Mint at true market valuation while bootstrapping the future holder's community. Allow future holders to determine the true fair mint value via a novel secret bidding mechanism. Incentivize bidders who bid as close as possible to the final mint price determined.
- Fair Launch IDO Auction: Similar to the Fair NFT mint, Launch your fungible token at the fairest possible price while bootstrapping your future token holder’s community. This auction also help fight pumped IDO’s and provided anti-bot protection.
- Debt Auction: Sell DeFi debt positions to anyone with competitive pricing on the IOUs.
- Many other applications! Stay tuned ;)
The project is backed by top-tier crypto VCs like KuCoin Labs and Republic Capital.
About Ridotto
Ridotto is the very first cross-chain gambling and lottery protocol based on complete transparency, anonymity, security, and fairness. Built on Cardano, our approach is to provide an open protocol driven by the community, where users can play, build, and even bankroll casino games, thus earning generous liquidity. Ridotto’s overarching goal is to elevate the user to the role of “house,” thereby offering a fully scalable alternative to centralized online gambling.
Beyond our vibrant flagship casino, we will unleash retail ingenuity by giving users the decentralized infrastructure to experiment and evolve the gambling ecosystem, much like the App Store did for mobile gaming.
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