Purpose of This Website
This website was created to document concerns, unanswered questions, and the lack of transparency surrounding the Bidao project and its leadership.
The Bidao project started around 2020 and reportedly raised approximately $17 million in cryptocurrency from investors and community members around the world. Over the years, multiple promises were made regarding the development of the platform, the mainnet launch, and the future of the ecosystem.
Public Announcements and Silence
In 2024, several public announcements were made stating that the launch was imminent. These announcements were shared through official channels, videos, and community updates. Investors and community members were led to believe the project was close to completion.
After these announcements, communication gradually stopped.
Current Situation (2026)
As of 2026:
- There has been no confirmed mainnet launch
- Mainnet launches promised in 2020, 2021 ,2023 ,2024 and 2025 with separate announcemts.
- Multiple not working testnets and different direction changes. From Bidao to Bi2dao to Bidao Smart Chain. Noting of these delivered the last 6.5 years
- There are no clear development updates
- Official communication channels have gone silent
- Team members appear to have disappeared from public communication
- Important questions from investors remain unanswered
Serious Questions That Require Answers
This situation raises serious concerns and legitimate questions that deserve clear answers:
- Where are the project funds that were raised?
- Why were multiple launch promises made but never delivered?
- Why has communication stopped completely?
- Where is the leadership of the project today?
- Why are investors and community members being ignored?
About This Website
This website does not exist to spread rumors or speculation.
It exists to document facts, timelines, public statements, and unanswered questions.
Reporting and Authorities
Investors and affected individuals may consider reporting their concerns to the appropriate authorities in their own country if they believe there may be financial misconduct, fraud, or misrepresentation. This may include:
- Financial regulators
- Consumer protection agencies
- Police or economic crime units
- Financial supervisory authorities such as BaFin (Germany)
- Fraud reporting agencies in your country
- Tax authorities if financial irregularities are suspected
Many small investors together represent a large amount of money.
Reporting concerns is not harassment — it is a normal and legal step when transparency is missing and funds are unaccounted for.
What We Want
We are not asking for excuses or new promises.
We are asking for:
- Transparency
- Communication
- Proof of development
- Proof of funds usage
- Accountability
- A clear statement from the project leadership
If the project is real and still active, transparency will solve everything quickly.
If there is nothing to hide, there should be nothing to ignore.
Final Statement
Until clear answers are provided, this website will continue to document the situation. Readers looking for a broader overview can visit our main investigation page, browse our collected records, or read our latest updates.