Decentralized Ascending Auctions on Blockchain
Bidding to get your favorite items extremely cheap prices by auction on iBid
Real-time, ascending, blockchain auctions.
BIDDING – SAVE – WIN
HOW IT WORKS?
Step 1: Each bid raises the price by $0.01
Step 2: The auction clock restarts from 10 seconds every time someone bids.
Step 3: If no new bids are placed before the clock runs out, the last bidder wins.
How to bid in an auction
Step 1: Find the product you like
Step 2: Use the “Bid Now” Button or the BabyBid to bid automatically for you
Step 3: You are the highest bidder when the timer hits zero, you WIN!
the auction revolution
Build a platform for real-time, ascending, blockchain auctions.
With iBid – the decentralized auctions blockchain platform will transform the bidding process, becoming fair and transparent as the bidding parties are also able to supervise the auction process.
Based on blockchain, the authenticity and security of the bidding data can be guaranteed.
Open source system