A Bitword is a piece of identity on the verified business map. Letters, numbers, or symbols, in any language, with no spaces. There is an open top-bid position on every Bitword right now. The first bid is $250. Hold the position and you sit at the top of business search for that word globally. Get outbid and the system pays you at least double your money back. Stay attached to that word as one of the four 1% bonus positions and you earn 1%, 2%, or 3% of every higher bid that follows, forever.
A Bitword is any word, name, or string of characters in any written language — Latin, Spanish, Mandarin, Arabic, Hindi, anything — with no spaces inside it. Examples: insurance, aseguradora, hotel, summitroofingllc, tokyo, 家. There are about 55,000 premium positions worldwide. Beyond those, every other word, phrase, and combination in every language is unlimited and reachable at the same $250 first bid.
Every Bitword is in open auction. There is always a current top-bid position on it. Whoever sits in that position holds the top spot in business search for that word, globally, until somebody bids higher. The first bid is $250. Pay it and you are now in the top-bid slot. You do not own the word yet. You control the top search position for as long as you stay in the top-bid slot. The word transfers to a single permanent owner when the auction closes — and only the business sitting in the top-bid slot at that moment becomes the owner. Until then, every higher bid pushes you out, pays you 20% of itself as compensation, and locks you into the 1% bonus position on that word forever.
If anyone tops your bid on a word you sit in, the system pays you 20% of the new bid. The next bid has to be at least 10× yours, so your $250 returns at least $500. Worst case is double. There is no scenario where you put $250 down and walk away with less.
Once you have held the top-bid slot on a word, you are locked into a 1% bonus position attached to that word — permanent. Every higher bid that ever happens on that word pays your bonus, every time, for the life of the word. If you also brought on the business that takes the slot from you, or the corporate account behind it, your bonus stacks to 2% or 3%.
Out of the 55,000 premium Bitwords worldwide, the strongest will be bid up far higher than the rest. The shape will look something like this. The amounts below are the modeled winning auction values, not commitments.
The role buttons below describe how many of those four positions you personally hold on a Bitword. Press a button. Every number in the calculator below recalculates at the chosen rate.
Pick a role above. Pick how many words you take a top-bid position on at each tier. Watch what the cost is, what the guaranteed floor is if you are outbid on everything, and what your bonus could be if the bid ladder holds.
You do not have to be a corporation to play this. A person with $250 and a list of words can take part. Here is the cleanest path.
Industries you have worked in. Cities or regions you know. Trades, hobbies, names you recognize. The closer you are to the meaning, the better your guess at what will be bid up.
You sit at the top of the global business search for that word for as long as you stay in the slot. If outbid, the system pays you 20% of the new bid. Either way, your 1% bonus position on that word is now locked in for life.
If the word belongs to a business you know, invite that business onto Bitword. You add Position 2 (the inviter) on top of Position 1 (the bidder). Your role becomes 2%.
If that business sits under a chain, brand, or parent company, bring the parent on as a corporate account. You add Position 3. Your role becomes 3%.
There will only ever be roughly 55,000 premium Bitwords. The top-bid slot on each one opens once and never opens again until the auction closes. The same first $250 bid is available to every person right now. The market sets everything that follows. Tell every business owner and every person you know to look at this. There is no second window.
Detail on how the four 1% bonus positions stack, and what happens to the fourth one during launch. Linked from the calculator above.
Every higher bid on a Bitword pays 4% in bonuses, distributed across four 1% positions. Those four positions are attached to the people and accounts in the chain around the bid. The more of them you hold, the more you earn on every higher bid for that word.
The business sitting in the top-bid slot. When a higher bid comes in, this position gets 1% of the new bid as a bonus, forever.
Whoever brought that business onto Bitword. They earn 1% of every higher bid on the word, even if they have no other connection to it.
If the business sits under a chain, brand, or parent company on Bitword, that corporate account holds the third 1%.
Whoever brought the corporate account onto Bitword. (See the note below the calculator about what happens to this position during launch.)
The fourth bonus position belongs to whoever invited the corporate account onto Bitword. During launch, that position is held by Bitword itself to keep the launch staff and the early connectors protected from people gaming the corp-account layer to top themselves up. After the launch period, Bitword opens that fourth 1% so the market can compete openly for it. We expect it to be vigorously contested, because by then everyone will see what a single 1% on a heavily bid word is actually worth.