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BiG Deal Glimpse

BiG Deal Ecosystem

BiG Deal Ecosystem

BiG Auctions

Fun filled auctions to Win Amazing Deals. Choose from 7+ types of different auctions. Automate using BidBots*

BiG NFT's

NFT’s for digital assets, charity, artwork and gratitude. Mint, list, trade, sell and buy NFT's like never before. These NFT's can be auctioned on various BiG Auctions at BiG Deals.

BiG Marketplace

A place to list your offerings for auctioning and maximise your earnings. Choose from Discreet auction, English auction, Vickrey Auction and more.

BiG Charity

BiG Deal takes it social responsibility obligations seriously, hence BiG DEAL BiG Charity Auctions to raise funds for worthy causes

BiG ICO

Launch your initial tokens the google way using Dutch auction. Leverage the most transparent and fair mechanism of raising funds for your next project

BiG Giveaways

BiG Deal enables companies to offer their offerings (Services / experiences / products) for free or at deep discounts for promotion.

Ethereum
Binance Smart Chain
Polkadot
Polygon
Solana

Multichain Support.
Play BiG.

BiG Deal is deployed on the popular Solana Blockchain. Down the road, BiG Deal plans to be a multichain ecosystem with support for Ethereum, Polkadot, Polygon and Binance Smart Chain.

BiG DEAL

  • BiG Deal is an online blockchain based decentralized platform with a focus to OFFER AMAZING DEALS TO IT’S COMMUNITY.
  • BiG Deal finds business cases & situations which can be translated to deals > thus providing benefit to both the participant and the business house.
  • At the core, BiG Deal is a for-profit DEALS platform with clearly defined paths of revenue and value generation for it’s community, investors, promoters and advisors.
Globe

Read Our Documents

Sharing below BiG Deal White Paper with comprehensive details of the project to help you understand more. For any discussions or queries we are just an email away. Write to us on play@thebig.deals.

BiG Coin
BiG Coin

Tokenomics

Details Allocation $BiG TGE Vesting Details
Seed Sale Investors 2.0% 20M 5% 2% after 1 week, 7.5% linear release every month
Private Sale Investors 8.0% 80M 8.0% 2% after 1 week, 10% linear release every month
Public Sale Investors 5.0% 50M 20.0% 20.0% linear release every month (for 4 months)
Management Team 15.0% 150M 0.0% Cliff: 12 months, Release : linear for 20 months post cliff
Future Development 20.0% 200M 0.0% Cliff: 8 months, Release : linear for 24 months post cliff
Advisors & Partners 10% 100M 0.0% Cliff: 5 months, Release : linear for 20 months post cliff
Marketing, Promotion & Rewards 30.0% 300M 0.0% 10.0% linear release every month
Liquidity Pool and Exchanges 8.0% 80M 30% 10.0% linear release every month
Airdrop 2.0% 20M
Initial Market Cap $2.44M Initial Supply 150M

Key Features

Inclusive participation

An ecosystem of products, digital assets, experiences, services and more. Stuff that interests all - to participate, play and win.

FAIR TRANSPARENT DEALS

Smart contracts and records on the blockchain ensures fair and transparent deals between BiG Deal and the players

Staking Rewards

Earn upto 30% APR on holding and staking $BiG tokens. Also get a share of the profit.

Token Burn

Upto 3% of the tokens that BiG Deals earns from sale of Bids/PLAYs would be burned to control the availability of $BiG in open market.

Cliff and Vesting

BiG Deal management team, advisors, investors, development team - all are part of lockin of their $BiG tokens - making sure no token dumps happen.

With unique mechanisms deployed, BiG Deal tries to make each deal a ZERO LOSS* deal for all parties involved (the house, the winners and the non-winners players)

Governance Body

Get voting powers on future development and plans of BiG Deal platform. The entire process will be implemented on the blockchain. We intend to make BiG Deal as decentralized as possible.

MARKET PLACE

Unique market place model to list your merchandise and monetise it - in the most cost effective and unique way

GLOBAL AND AVAILABLE

Does not matter which country you are from, participate to win. Even if some products cannot be shipped to your country, claim cash vouchers (in stable coins). You never LOSE.

Mobile and web

The play never stops. Seamlessly play on web and continue over your mobile phones. We also plan to have browser extensions for Chrome, Firefox, Safari and Edge.

BiG Deal Engagements

D

Discreet Bids

U

Unique Top Bid

L

Unique Lowest Bid

E

English Auction

V

Vickrey Auction

P

The Last Play (Penny Auction)

D

Dutch Auction

C

Charity Auctions

F

FREE Giveaways

N

NFT's

Partners and Backers

Meet the team

Executive team

PRATIK JAIN

Founder | BigDeal, Director | GlobalVox

  • Certified crypto and blockchain expert
  • ICO/IDO Consultant
  • CBP - Certified Cryptocurrency & BitCoin Professional from C4, Canada
  • Professional Certification in Blockchain from IIT, Kanpur

KUNALSINH VAGHELA

CEO | GlobalVox

  • Alumnus of Wharton Business Schools
  • Cloud Expert with more than 15 years of experience
  • Member of the prestigious Oracle SWAT team

HIREN BHIMANI

VP Business Development | BigDeal

  • Managing Industry tie-ups for BiG Deal
  • Industry experience of more than 20 years
  • Expert in building large and scalable software products

Advisors

AKASH BHAVSAR

  • Chair, UN (United Nations) Business Advisory Council
  • Founding partner at IndoSwiss Blockchain Alliance

NATE HOLLEY

  • Program Director @ Microsoft

SRIDEVI SARKAR

  • YouTube and social media strategist @ Google

BiG Deal Roadmap

The roadmap visually represents BiG DEAL's strategic plans from February 2022 into April 2023 and beyond. Critical activities and milestones are identified against the timeline to get all stakeholders, users, investors, executives, advisors, and the entire project team aligned on a singular strategy for greatest integration, efficiency, and impact.

  • Stage 1 Feb-Aug 2022
    Launch BiG Deal Website | Start Seed Sale & Private Sale | Token launch on Solana | Launche White paper, Lite Paper | Start building social communities | Launch MVP for 1 auction type
  • Stage 2 Aug-Dec 2022
    Advisory Team | Launchpad IDO | Community Expansion | Partnership Formations | Public Listing of token | CMC and CG listing | First auction launch with controlled community | Staking opportunity launch | CEX launch
  • Stage 3 Dec-Mar 2023
    Core governance team setup | Community Expansion | Token burn | Major marketing and PR push
  • Stage 4 Apr 2023+
    Governance team meetup | Launch of other auction platforms | Tieups with corporates for auctions | Promoting BiG Deal as an auction platform | Launching Big Deal API's | Token Burn

Frequently Asked Questions

$BiG is the underlying token of BiG Deal platform. It is powered by the Solana blockchain. Its price will be determined by market forces. BiG tokens can be purchased over exchanges and liquidity pools.

PLAYs are used for placing bids on the item that you want to purchase. The price of a PLAY is predetermined and will be between $0.10 and $0.40 (USD). PLAYs can be purchased on BiG Deal platform with the help of $BiG tokens. A bid can be of one or more PLAYs. The number of PLAYs that a “bid” comprises will change according to the product value and definition.

With the intention of fully decentralizing BiG Deal platform, we want to dilute the dependency on the largest single point of failure (the team) and create a democratized model that can evolve in entirely new ways and will always ensure the best intentions and actions for the platform.

BiG Deal decentralized governance system will replace the administrator system with community governance, allowing the governing body members to suggest, debate, and implement changes to the platform. Governors will have to stake their $BiG tokens to get voting power. Voting power is equal to the number of $BiG tokens staked.

Gambling has never rested comfortably in most parts of the world. But to get a clear picture, it is important to understand the extent of gambling. Most of the governments employ a “dominance factor” in their definition of gambling. This dominance factor determines the amount of skill (legal act) and luck (illegal gambling) involved to differentiate between the two.

Let us understand this with the help of an example. We consider 2 very popular games: Roulette and Poker (Texas Hold’em). While a lot of skill is required to play Poker (Texas Hold’em), Roulette is purely based on luck. Poker involves manipulating the expectations of the other players relative to your own expectations about uncertain outcomes. So through experience, training, and mental prowess, some players would grow to be better at this than others. This is not the case with Roulette. Here, the chances of winning depend purely on luck and can never be statistically or mathematically predetermined. Hence, winning in Poker requires skill, and winning a round of Roulette requires luck.

The same is with Big Deal. All of the auction models that are present on BiG Deal platform are skill dominant, i.e., these are not considered a game of chance/luck. Skill dominates BiG Deal model. Hence BiG Deal is NOT GAMBLING.

However, please note that we are open to having a few auction/bidding models wherein chance is dominant(rather than skill). This is purely because of market and participant demands for BiG Deal platform. Whenever this happens, BiG Deal will always get the requisite licenses, clear all compliances and make sure we follow all laws of the land. Whether BiG Deal falls under gambling or not - is also a function of the local laws of the participants. As a business entity BiG Deal will have all the legally required licenses to conduct all sort of auctions and lottery events.

There is a lot of fairness in the Dutch auctions. The company decides the number of shares or products that it wants to sell and the market determines the price at which it could be sold or bought. The company sets a reserve price and initial price on the product. For example, let us say that a handbag manufacturing company wants to sell 500 bags. It sets the reserve price of 1 bag as $1 and the initial price as $10.

When the bidding starts, the reserve price is not made public. None of the bidders know the reserve price set by the company for the bag. The initial price is reflected. As the auction starts, the initial price of the product keeps decreasing periodically until all the products (bags in this case) are sold. If there are three buyers bidding for the bags.

Auction starts with $10 for each bag
Alice: commits $250 || $10 for 1 bag => 25 bags => number of bags left to sell = 475
Bob: no bids
Carl: no bids

Price drops to $5 in equal time intervals with each drop of 1$
Alice: has already committed $250, but since Bob now bids at the rate of $5, Alice will get a total of 50 bags
Bob: committed 150$ || $5 for each bag => 30 bags => number of bags left to sell = 500-50-30 = 420
Carl: no bids

Price drops to $2 in equal time intervals with each drop of 1$
Alice: has already committed $250, but since Carl now bids at the rate of $2, Alice will get a total of 125 bags
Bob: has already committed $150, but since Carl now bids at the rate of $2, Bob will get a total of 75 bags
Carl: committed 600$ || $2 for each bag => 300 bags => number of bags left to sell = 500-125-75-300 = 0
Since the supply of bags to be sold is finished, the auction will end. Alice, Bob and Carl will all get the bags at the rate of $2 which is between the reserve price ($1) and the initial price ($10).

To participate all you need is PLAYs. Incase you not have PLAYs they can e converted from $BiG tokens on our platform. Please note that we might also support getting PLAYs by submitting other tokens like ETH, BTC, USDT etc.

BiG Deal plans to support multiple chains. BiG Deal’s first implementation is on the popular Solana blockchain. Down the road, BiG Deal plans to be a multichain ecosystem with support for Ethereum, Polkadot, Polygon and Binance Smart Chain. The objective of supporting multiple chains is to reduce dependency on a single chain. Also it increases versatility and applicability since a lot of people around the world will be more comfortable with BSC or ETH or other chains. BiG Deal, being a consumer driven platform, should be easily utilizable by as many people as possible.

BiG Deal is part of the GlobalVox group (a company headquartered in the United States). GlobalVox is a software consultation and development organization with expertise in Cloud, Java, MEAN/MERN stacks, Oracle (Gold Partner) and Blockchain. BiG Deal will be registered as an independent legal entity under GlobalVox in Costa Rica.

Each engagement activity at BiG Deal has been conceptualized to as to maximize the winning/earning probability for its participants and community members. The unique Win-Win-Win model - which is applicable for most of the engagements at BiG Deal - ensures

  • Win for the winner
  • Win for the house (BiG Deal)
  • Win for the non-winners

In most of the auctions at BiG Deals - the non-winners get a fair chance to square off their losses. If excercised there will be ZERO loss to the non-winning participant.

BidBots can automate bids for a participant. Let the system run the show for you. This makes sure that - you don't forget to bid due to other distractions. Meticulous rules can be set and configured for the BidBots. The bidding never stops!!

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