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DefiBids Seeks to Make Crypto Auctions Profitable for Everyone

Published

5 years ago

on

DefiBids wants to make buying ERC-20 tokens fun and more profitable for everyone. This unique DeFi online auction allows users to BID on packages of ERC-20 tokens and NFTs at discounted rates compared to market value. The DeFi market is on fire right now. This sector has seen explosive growth due to a combination of healthy investor ROIs and market hype. Consequently, DeFi continues to be one of the fastest-growing sectors in blockchain.

Why You Should Consider Buying DeFi Tokens via Auctions

For many crypto investors, the thought of buying tokens via an auction has never crossed their minds. With all of the exchanges currently available to users, you may not see any reason to venture out into the world of online auctions. However, you may want to reconsider your stance as there are some serious benefits gained from auctions, especially when you look at the growing risk of hacks and centralization in the current exchange markets.

One of the primary reasons to consider buying ERC-20 tokens, in particular, from an auction is the savings. When you bid on an Auction Package, you have an opportunity to save a bundle on your next purchase. Notably, DefiBids allows you to place unlimited bids, across multiple auctions simultaneously. This strategy allows you to further your chances of winning the auction.

Not Your Ordinary Auction

There are some features that make DefiBids a better option than the competition. Specifically, there is an impressive selection of auction types available.  When you think of auctions, many people envision a fast-talking host spitting out numbers in what seems like gibberish. Nowadays, there are all types of auctions.

DefiBids supports your traditional auction in which the highest bidder wins. There are also Lower Unique Bid options available to users. In this scenario, it’s the lowest bidder that wins the auction. The network introduces stealth auctions as another powerful tool to help you save on your next DeFi token purchase.

Get Stealthy

Stealth Auctions are a really cool concept. Users don’t bid directly on Auction Packages in this format. Instead, you pay a small fee to reveal the price of the Auction Package. Every time the package price is revealed, the auction price drops slightly. Eventually, the price gets so low that a bidder accepts the offer. 

Everyone Wins on DefiBids

DefiBids changes the game with the introduction of its staking model. This protocol not only rewards the auction winners, but it also provides an opportunity for BID holders to secure added profits. Notably, 1% of all the fees collected from auctions are distributed to stakers via a side pool.

Impressively, you don’t have to wait months to get your staking rewards from the network. Every 24-hours at 00:00 UTC, these rewards are paid out in Ethereum. Paying rewards in ETH adds value to the network and reduces inflationary risks. Recently, DeFi platforms have experienced inflationary issues due to the fact that they pay rewards in their native tokens. DefiBids users avoid these concerns and save time and money because their rewards arrive in ETH directly.

DefiBids – A New Type of Auction for the New Economy

DefiBids appears ahead of the curve with their latest release. This platform combines the excitement of auctions, with the security of staking protocols. As such, DefiBids is an example of how decentralization provides greater opportunity for all market participants. 

You can expect to see a lot more from this development team as their project continues to take flight in the coming weeks. For now, interested investors can participate in any of DefiBids’ auctions here. 

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Press Release

MEET48 Announced as Diamond Sponsor at Hong Kong Web3 Festival

Published

11 hours ago

on

April 8, 2026

By

MEET48 Announced as Diamond Sponsor at Hong Kong Web3 Festival

Hong Kong, 8th April 2026, ZEX PR WIRE, Hong Kong Web3 Festival 2026 is honored to welcome MEET48 as a Diamond Sponsor.

MEET48 is building a platform dedicated to virtual idols and Al-Web5 entertainment. Learn more: https://meet48.com

Hong Kong Web3 Festival (“Web3 Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group, is Asia’s premiere crypto conference since 2023. The previous editions brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events. It has solidified its status as a leading crypto event, influencing Hong Kong’s Web3 landscape.

Following the sellout success of its previous editions, Hong Kong Web3 Festival has announced its return on 20–23 April at HKCEC. Now in its 4th year, this four-day event will once again bring tens of thousands of Web3 professionals, investors, and enthusiasts across the globe to connect, learn and be inspired.

Web3 Festival 2026 has set the agenda for Web3 growth and innovation, focusing mainly on traditional finance and crypto finance, AI + Web3, and RWAs.

The conference will also convene top experts and leading Web3 projects to exchange ideas, share best practices and gain perspectives on today’s evolving Web3 landscape.

Featured speakers include:

Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of the Hong Kong Special Administrative Region

Dr. YIP Chee Hang, Executive Director of Intermediaries, Securities and Futures Commission

Xiao Feng, Chairman of Wanxiang Blockchain, Chairman and CEO of HashKey Group

Duncan Chiu, Legislative Council Member (Technology & Innovation Constituency), Hong Kong

Lennix Lai, Chief Commercial Officer, OKX Global

Adeniyi Abiodun, Co-Founder & Chief Product Officer, Mysten Labs

Lily Liu, President, Solana Foundation

Joseph Chalom, CEO, Sharplink

Francis B. Zhou, CEO, Quantum Solutions

Abdelhamid Bizid, Managing Director, BlackRock

Phil Kang, CEO, ZR Financial Group

Yat Siu, Co-Founder and Chairman, Animoca Brands

Bugra Celik, Head of Digital Assets and Currencies at Global Macro, HSBC

Robert Lui, Deloitte China Hong Kong Digital Asset Leader; Member of Task Force on Promoting Web3 Development

DIAO Zhihai, Head of International Business of Wealth Management, CICC

Gavin Wang, Managing Partner & Chief Investment Officer, SNZ Holding & SNZ Capital

David Lee, Chairman, Global FinTech Institute

Min Lin, Managing Director, Head of Global Business Development at Ondo Finance.

Join Hong Kong Web3 Festival on April 20–23 and be part of an epic Web3 journey: https://luma.com/hkweb3festival_2026

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Press Release

Bitfire Group Joins Hong Kong Web3 Festival as Diamond Sponsor

Published

5 days ago

on

April 4, 2026

By

Hong Kong, 4th April 2026 — Hong Kong Web3 Festival 2026 is proud to announce Bitfire Group as a Diamond Sponsor.

Under a high-standard regulatory framework, Bitfire Group has established a globalized Web3 ecosystem centered in Hong Kong with an expanding international footprint. Its core business pillars include Bitfire Premium, a world-leading private banking-grade digital wealth steward, and BitTrade, a licensed digital asset exchange in Japan.

Dedicated to the advancement of digital financial infrastructure, Bitfire Group provides one-stop, private banking-grade, and full-lifecycle digital asset wealth management services to high-net-worth individuals (HNWIs), family offices, and institutional clients. The Group is committed to becoming a preeminent global leader in the digital asset industry. More information: https://bitfire.com/

Hong Kong Web3 Festival (“Web3 Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group, is Asia’s premiere crypto conference since 2023. The previous editions brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events. It has solidified its status as a leading crypto event, influencing Hong Kong’s Web3 landscape.

Following the sellout success of its previous editions, Hong Kong Web3 Festival has announced its return on 20–23 April at HKCEC. Now in its 4th year, this four-day event will once again bring tens of thousands of Web3 professionals, investors, and enthusiasts across the globe to connect, learn and be inspired.

Web3 Festival 2026 has set the agenda for Web3 growth and innovation, focusing mainly on traditional finance and crypto finance, AI + Web3, and RWAs.

The conference will also convene top experts and leading Web3 projects to exchange ideas, share best practices and gain perspectives on today’s evolving Web3 landscape.

Featured speakers include:

Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of the Hong Kong Special Administrative Region
Dr. YIP Chee Hang, Executive Director of Intermediaries, Securities and Futures Commission
Xiao Feng, Chairman of Wanxiang Blockchain, Chairman and CEO of HashKey Group
Duncan Chiu, Legislative Council Member (Technology & Innovation Constituency), Hong Kong
Adeniyi Abiodun, Co-Founder & Chief Product Officer, Mysten Labs
Lily Liu, President, Solana Foundation
Joseph Chalom, CEO, Sharplink
Francis B. Zhou, CEO, Quantum Solutions
Abdelhamid Bizid, Managing Director, BlackRock
Phil Kang, CEO, ZR Financial Group
Yat Siu, Co-Founder and Chairman, Animoca Brands
Bugra Celik, Head of Digital Assets and Currencies at Global Macro, HSBC
Robert Lui, Deloitte China Hong Kong Digital Asset Leader; Member of Task Force on Promoting Web3 Development
DIAO Zhihai, Head of International Business of Wealth Management, CICC
Gavin Wang, Managing Partner & Chief Investment Officer, SNZ Holding & SNZ Capital
David Lee, Chairman, Global FinTech Institute
Min Lin, Managing Director, Head of Global Business Development at Ondo Finance
……

Join Hong Kong Web3 Festival on April 20–23 and be part of an epic Web3 journey: https://luma.com/hkweb3festival_2026

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Press Release

ZA Bank Confirms Participation at Hong Kong Web3 Festival

Published

5 days ago

on

April 4, 2026

By

Hong Kong, 4th April 2026 — Hong Kong Web3 Festival 2026 is proud to announce ZA Bank as a Diamond Sponsor.

ZA Bank is Hong Kong’s №1 Digital Bank. More information: https://bank.za.group

Hong Kong Web3 Festival (“Web3 Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group, is Asia’s premiere crypto conference since 2023. The previous editions brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events. It has solidified its status as a leading crypto event, influencing Hong Kong’s Web3 landscape.

Following the sellout success of its previous editions, Hong Kong Web3 Festival has announced its return on 20–23 April at HKCEC. Now in its 4th year, this four-day event will once again bring tens of thousands of Web3 professionals, investors, and enthusiasts across the globe to connect, learn and be inspired.

Web3 Festival 2026 has set the agenda for Web3 growth and innovation, focusing mainly on traditional finance and crypto finance, AI + Web3, and RWAs.

The conference will also convene top experts and leading Web3 projects to exchange ideas, share best practices and gain perspectives on today’s evolving Web3 landscape.

Join Hong Kong Web3 Festival on April 20–23 and be part of an epic Web3 journey: https://luma.com/hkweb3festival_2026

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