BidNow celebrates token listing on Hata Global and Coinstore

  • Achievement features M’sia’s distinct utility token rules
  • pitchIN’s following key fundraising deal, Frac, now available for investment

From left: Nicholas Chong, vice president of Commercial and Product, Sam Shafie, CEO of pitchIN, Frankie Goh, CEO of BidNow and Mohamed Azahari, chairman of BidNow

pitchIN, Malaysia’s digital fundraising and investment hub, announced that its first successful token crowdfunding (TCF ) campaign, Bid Now, has successfully listed its token,$ BID, on Hata Global and Coinstore. This marks a major breakthrough for pitchIN, Bid Today, and Malaysia’s growing Web3 ecology as the first modern key approved under the Ethereum model to be listed on an exchange.

This success, in the opinion of pitchIN, underscores the merits of Malaysia’s regulatory model, which is one of the few worldwide to regulate fundraising activities using utility tokens. This opens up the door for businesses to start tokens in a legal manner. As a monitored system, pitchIN offers a safe environment for established Indonesian businesses to observe Web3 and enables local Web3 startups to increase seed and growth capital from the public in a regulatory-compliant manner.

” The listing of$ BID represents a significant milestone for regulated token crowdfunding in Malaysia. From key conceptualization to fundraising and listing,” Bid Now has provided an end-to-end road for credible businesses looking to enter Web3,” said Nicholas Chong, vice president of business and product. ” We look forward to continuing to mate with businesses and companies to establish regulatory-compliant digital currencies in Malaysia”, he added.

Investors have the unique opportunity to back modern brands while gaining both financial rewards and visible advantages from sign crowdfunding. For example,$ BID is Bid Now’s native token, designed to deliver value to its holders in several ways:

  • Power: Token holders receive benefits and rewards, including buying focus, company discounts, and a devotion reward system.
  • Security and accountability: Blockchain technology guarantees clear transactions and the supply of$ BID.
  • Return on investment ( ROI ): Potential ROI comes from capital gains made when$ BID is sold on an exchange and from community benefits like airdrops. Buyers also gain access to more active Web3 communities and quicker exits.

Investors can capitalize on potential benefits and additional benefits while supporting Bid Here’s expanding ecosystem by purchasing$ BID tokens, which are currently tradeable.

pitchIN’s following key fundraising deal, Frac, is today pre-live and available for investment. Frac gives businesses the ability to sell online ownership of exclusive assets, turning expensive products like diamonds or brand-name IP into fractionalized investments, opening up new business opportunities for both investors and customers.

To begin investing in approved Web3 offers and technologies, explore pitchIN at www. pitchin. my/token