$MBID is officially listed on Coinstore

adminMarch 4, 2024

Amid much anticipation, $MBID’s official listing date on the Coin Store is scheduled for February 25, 2024. This pivotal moment comes on the heels of a very successful subscriber round on Coinstore Launchpad (up 420% and 339% respectively). It demonstrates strong market confidence in our mission to transform the digital identity space.

$MBID is not just a newcomer to the exchange, it stands as evidence of a sea change coming. In essence, $MBID is tackling head-on the global crisis that makes it incredibly easy for digital identities to be compromised, manipulated, and stolen. In an age where data breaches regularly make headlines, $MBID is built on the premise that in the digital realm, your identity should be as untouchable as your will. But at a deeper level, $MBID represents a promise that in the years ahead, we will have to decide where our own privacy and data goes.

With an impressive market capitalization $60.8 million and Circulating supply of 160 million tokens each priced 0.38USDT, $MBID is making waves in the investment community. This milestone not only highlights strong investor confidence, but also lays a solid foundation for the token’s future growth. The current value of $MBID reflects high demand for the token and its potential to capture significant market share in the rapidly evolving digital identity sector.

Why $MBID?

With $MBID being listed on coinstores, we are not just witnessing the debut of a token. We see a challenge that challenges the status quo of digital identity management.

What sets $MBID apart is its foundation, not its ambition. Leveraging the Solana blockchain, known for its fast speeds and cost-effective transaction costs, $MBID is poised to solve identity management challenges without the slow speeds and high fees that plague other platforms. This is a next-level digital identity designed for today’s users and ready for tomorrow’s challenges.

Here are some surprising facts that highlight the scale of this moment.

Identity theft on the rise: As cases of identity theft surge globally, the need for robust blockchain-based identity solutions has become more important than ever. $MBID doesn’t just solve this problem. We aim to obliterate digital fraud by providing a safe harbor in the stormy seas.

Costs of a data breach: The global economy loses billions of dollars every year due to data breaches. $MBID’s approach delivers not only cost savings but a paradigm shift, transforming security from a cost center to a value proposition.

Scalable solutions to global problems: The genius of $MBID lies in its scalability. Designed to grow and adapt, it’s a solution that doesn’t just serve the tech-savvy, but also cuts across the divide to provide protection and empowerment to users regardless of their digital literacy.

myBID: Home of the $MBID utility

The $MBID token is key to supporting the advanced technological foundation of the myBID ecosystem, leveraging the latest blockchain, self-sovereign identity (SSI) and cryptography technologies to deliver a new standard in digital identity management. Built on the Solana blockchain, known for its high throughput and low transaction costs, $MBID ensures that the ecosystem is scalable, fast, and efficient. This choice of blockchain technology facilitates real-time transactions and interactions within the myBID platform, making digital identity verification seamless and cost-effective.

Integrating SSI principles into the myBID platform, powered by $MBID, gives users complete control over their digital identity. This approach not only enhances privacy and security, but also aligns with the global movement toward more user-centric digital experiences. The myBID ecosystem ensures data integrity and trust across a variety of sectors by enabling the secure sharing of personal data, with transactions and permissions directly managed by individuals using verifiable credentials.

$MBID also plays an important role in encouraging participation within the ecosystem. From rewarding users for maintaining updated profiles to rewarding validators for their role in protecting and verifying identity data, $MBID fosters a vibrant community engagement model. This economic model ensures the long-term viability and growth of the myBID platform by continuously innovating and expanding its suite of digital identity services.

$MBID Token Economics: Tailored for Investor Value and Ecosystem Growth

The $MBID token, the centerpiece of the myBID ecosystem, has been carefully designed to ensure immediate utility and long-term valuation, reflecting the project’s ambitious vision. The scarcity of $MBID, with a fixed supply of 1 billion tokens, is a fundamental aspect that supports its value growth potential as the ecosystem expands and demand for the token increases.

Utilities within the ecosystem: $MBID’s primary role is to facilitate transactions, service access, and participation rewards within the myBID platform. This includes paying for identity verification services, accessing premium features, and encouraging user engagement. As the platform evolves to include more services and partnerships, demand for $MBID will increase, poised to create economic value.

Staking Mechanism: To encourage retention and active participation in the ecosystem, $MBID is introducing staking rewards to provide token holders with an additional income stream. This mechanism not only protects the network, but also reduces the circulating supply of $MBID, potentially leading to price increases. Staking rewards are structured to benefit long-term holders and contribute to the stability of the ecosystem.

Investment Potential: $MBID’s strategic approach to tokenomics is designed to create sustainable and valuable assets by combining fixed supply with multi-faceted utility and incentive participation. Investors can expect the token’s value to be driven by its practical utility in the digital identity space, a sector of growing importance and adoption globally.

Outlook: As the myBID project continues to build strategic partnerships and expand its service offerings, the utility and demand for $MBID is expected to grow significantly. This expansion, combined with the token’s limited supply and incentivized holding through staking, lays a solid foundation for the potential value appreciation of $MBID, positioning it as a strategic asset for investors focused on the digital identity revolution.

What’s next for myBID

The myBID project’s upcoming milestones are set to significantly enhance the ecosystem and expand its global reach. Key highlights include the announcement of the first partner country with which myBID has signed a Letter of Intent (LOI).

The partnership aims to take a major step forward in realizing the global potential of secure, user-centric digital identities by integrating myBID as the foundational platform for the country’s digital identity infrastructure. Further developments include strategic expansion of the myBID ecosystem through collaboration with various government and private entities, with a focus on driving global adoption. myBID also plans to introduce a series of new services designed to enrich the platform’s offerings. These services include enhanced mechanisms for digital credential verification, secure data sharing, and cross-border identity verification, each contributing to the overarching goal of creating a more connected, secure, and accessible digital world.

$MBID: Token for the future of identity

Our journey so far has been underpinned by the unwavering support of our community. Belief in the community’s vision drives our continued innovation and expansion. As we look to a horizon full of promise, our commitment to transforming digital identity remains steadfast. The listing of $MBID demonstrates the potential of SSI technology to create a more secure, efficient and inclusive digital world.

We invite you to join us on this transformative journey. With $MBID becoming tradable, we stand on the threshold of a new era in digital identity management. Together, we can create a future where digital identities empower individuals, enhance security, and unlock global opportunity.

Stay tuned to our social media channels and website for updates on our progress and insight into how you can leverage the power of $MBID to redefine your digital identity. Your participation and support are critical to our mission, and we look forward to building our future with you.

We invite interested parties and potential investors to join us in this exciting phase of our project.

MBID official media

Website | linkedin | X (Twitter) | telegram | Dissension

for Coin Store

accessibility. security. Equity.

As a leading global platform for cryptocurrency and blockchain technology, Coin Store We seek to build an ecosystem where everyone can access digital assets and blockchain technology. With over 6.1 million users worldwide Coin Storee aims to become the preferred cryptocurrency trading platform and digital service provider globally.

Coinstore Media Contact

Pei Shan, Marketing Executive | (email protected)

Jennifer Lu, Brand Ambassador | (email protected)