The first project on @CreatorBid, Rizzy, is currently preparing for the voting launch phase.
As the first project to launch on BID, Rizzy's wealth creation effect will determine whether others will participate.
The core mechanism of the BID gameplay is the BID Level, which is set to a total of 10 levels; the higher the level, the greater the benefits.
Because sKaito holds more than 5000, they can automatically obtain L3 level, which is the main reason I am trying to participate.
Additionally, BID has set up a social bonus, which accounts for 15% of the entire BID Level calculation. Of course, to obtain this Yaps calculation weight, you need to stake 2500 $BID.
Currently, 1 $BID ≈ 0.108U, so 2500 coins are worth about 270U, and there will be a 14-day unlocking period after staking.
I am not staking right now, and writing tweets will not be counted; 270U is not much, but I don't plan to try it for now.
I currently plan to invest 50U to test the first project. If the results are good, I will decide on the next steps.
The market is not good; no rabbits, no eagles. Cherish every U you have in hand, that's it.

Recently, the wealth effect of @virtuals_io has sharply declined, and Virgen Points are being issued more and more, becoming less and less valuable. The community members are complaining every day.
I, who have always wanted to get something for nothing, also wanted to earn Virgen Points through Yap, but I couldn't stick with it. Now, looking back, the cost-effectiveness of jumping in again isn't high anymore.
Then @CreatorBid came along.
➣ Creator Bid's Gameplay
Everyone says Creator Bid is a copy of Virtuals, but I don't think so. I can only say that everyone is trying to make this new launch platform more refined, sustainable, and capable of generating wealth through different micro-innovations.
I just browsed through the Creator Bid documentation and got a rough understanding of the gameplay as follows:
1⃣ Earn Bid levels through staking and Yap.
2⃣ Vote for projects you believe in.
3⃣ Token distribution when the project goes live.
The general process should be like this; specific details need to be studied slowly later.
➣ Why I am interested in Bid
Reasons are as follows:
1⃣ Empowering the @KaitoAI community
Similar to Virtuals, staking 5000 sKaito directly grants L3 level. If you are a staker in the Kaito community, you have an inherent advantage.
2⃣ The project is still in its early stages
Still comparable to Virtuals, before logging into Kaito, early participants made a lot of money. Creator Bid has a high probability of replicating this early wealth effect.
3⃣ Top 1000 Yappers can gain empowerment
Compared to the Yapper Points rewards of Virtuals, the evaluation criteria for Creator Bid are relatively lower. In the early stages, it won't be as competitive, and it's still completely feasible to enter now.
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I just checked the price of $BID, which has reached 0.146U, up from 0.0332U at the beginning of June, more than quadrupling in a month, but still only one-tenth of $VIRTUAL.
I will study the specific details later to determine whether to buy a portion to stake.

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