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What is BID and What Is Its Token Economics?

By Martha Grizzard
Jan 27, 2025
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BID is the native token of CreatorBid, an AI launchpad project on the Base ecosystem. CreatorBid allows creators to develop and tokenize AI-powered digital personas, creating new value-sharing mechanisms. This article explains what BID is and its token economics.

What is BID and how is it used?

BID is the central token of CreatorBid, granting access to AI agents and enabling participation in the platform's ecosystem. It supports shared ownership through tokenized digital personas called Agent Keys.

What are the tokenomics of BID?

BID has a total supply of 1 billion tokens with the following allocation:

34.2% for the community (42-month linear release).

19% for the team (12-month cliff, 36-month release).

16.6% for the treasury (48-month release).

11.8% for private sales (12-month cliff, 24-month release).

10% for public sales (immediate release).

6% for liquidity (immediate release).

2.4% for consultants (12-month cliff, 24-month release).

What is the latest news about BID?

CreatorBid conducted a successful public sale of BID tokens exclusively on Binance Wallet. The platform is also backed by leading investors like Mechanism Capital and Zee Prime.

In conclusion, BID powers the CreatorBid ecosystem by enabling tokenized ownership of AI agents. Its transparent tokenomics and innovative approach make it a noteworthy addition to the creator economy.

What is BID and What Is Its Token Economics? - I hope this article was informative.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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