Bidcoin Whitepaper
  • ✅Whitepaper 1.7
    • 💣From Inspiration to Innovation
      • ⚠️Risk Assessment
    • 👊Table of Contents
    • Introduction
    • Core Concept
    • Auction Mechanics
    • Token Rewards & Burning
    • Profit Distribution
    • Tokenomics & Allocations
    • Presale & Airdrop
    • Non-Custodial and Non-KYC Principles
    • 🏦 StakeBack Feature
    • 🔥BurnBack Feature
    • 🔑Conclusion & Key Takeaways
  • 💹Competitive Analysis
  • 🥷Team & Contributors
  • 📢Marketing Strategy
  • 🗓️Development Roadmap
  • 🖥️Arbitrum Choice & Future Considerations
  • 🤖Optional User-Controlled Bidding Bot
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Optional User-Controlled Bidding Bot

To enhance user convenience and allow participation for those with limited time, BidCoin will offer an optional, user-controlled bidding bot. This bot will operate with complete transparency, allowing users to configure specific bidding parameters and strategies.

Key features of the bidding bot:

  • User-Defined Parameters: Users will have full control over the bot's behavior, including maximum bid amount, bidding increment, target price, and time-based bidding rules.

  • Transparent Operation: The bot's bidding activity will be logged and auditable by the user.

  • Non-Custodial: The bot will operate directly from the user's wallet, ensuring that BidCoin never has custody of user funds.

  • Opt-In Only: Using the bidding bot will be entirely optional. Users who prefer to bid manually can continue to do so.

This feature aims to create a more inclusive and convenient auction experience while maintaining transparency and user control.

PreviousArbitrum Choice & Future Considerations

Last updated 2 months ago

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