GBM Auctions

@gbm

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Check out this top-tier video from @thrax, which does a fantastic job of explaining why YOU should be using GBM Auctions! "You literally can't lose" You can see more of Thrax's work at his website: https://t.co/bOe7juBQ0q

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GBM Auctions co-founder, Hugo McDonaugh, explains our WIn-Win auction system in this short clip. TLDR: It makes auctions far more engaging, addressing the main problems of traditional auction models - lack of participation, front-running and poor price discovery.

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Had a great evening at the BlockchainNZ “Tokenization of Real Estate” meet-up yesterday. There was representatives from regulators, Real Estate agents, lawyers and blockchain developers. As an incredibly large asset class, Real Estate is poised to be an RWA that brings huge liquidity onchain!

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We created the “Bid-to-Earn” model many years ago! Over 78,000 auctions later, we are now launching the GBM Auction Protocol on base. Vitalik and Dr Gavin Wood have even used it to raise money for charity ❤️

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The modular stack is evolving @celestia powers data availability, EiganLayer offers shared security, and we deliver price discovery with fair token distribution All on base.

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Throwback to 2019 when @vitalik.eth used GBM Auctions to raise over 70 ETH for his chosen charity!

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Everyone that participates in the auction, all the non-winners, could be rewarded if a percentage of that final fee went to rewarding all wallets that participated in bidding on it. @gbm has a model for this. I have no idea if they are involved in this feature or not. But to me, this is a no brainer. The losers can collect just for participating, and that would drive more value to the creators. Don't get me wrong, I think its cool, but the number 1 reason I believe in Zora is investors and creators are tied together, bonded. This is not that same bond, but this additional layer of rewarding participants could at least incentivise participation. Will be interesting to see how this one evolves.

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Its a beautiful day to bid on Base.

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Happy to hear the beautiful doggo is doing ok!

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The Coinbase TBA Launch is a historic moment for the Base community and we are proud to be here for it! As we prepare to launch new mini-apps and the GBM Auction Protocol with our $GBM token - we are all-in on Base. If you'd like to learn more about our plans, visit us at: https://web3.gbm.auction

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Thanks for the suggestion Jabo! Totally agree, and it would be awesome to work with @scratch on this.

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https://youtu.be/r5NVqOLbr0Y?si=NMzuXA_AvndFwQGD Check out this EPIC song from @jmann.eth IT IS GBM THEMED, IT SOUNDS AMAZING, YOU CAN BID ON IT AND WIN, EVEN IF YOU DON'T WIN. Check out the auction now: https://songaday.world

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Marcus | Wen.Airdrop

@wen-airdrop.eth

Hey Domainers! Join Freename x @gbm in a few hours at 12:30P CST for a special AMA. Let’s talk all about the Auction Festival and how you can score some amazing Freename domains - it’s win/win! See ya’ll there 👉 https://twitter.com/i/spaces/1eaKbWnrrBeGX

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Working on our new mini-apps this week! We are going to make it easy to list, bid and win, with GBM Auctions available directly within Farcaster and the Coinbase Wallet. Building on @base.base.eth is the way 🔨

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By bidding on a Freename domain in the Auction Festival: You can earn: 🎪 Bidding Points 🎪 Winning Points Points = $GBM tokens and Soulbound NFTs that unlock boosted auction rewards!

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Summer is here, and the GBM Auction Festival is heating up! 🔥 Our next Auction Festival partner is Freename. Freename is the fastest growing multichain namespace providing domains and unique TLDs without renewal fees + with royalties enabled Freename are bringing their Web3 domains to the Auction Festival👇

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There are currently 80 Web3 domains from Freename available via: https://freename.gbm.auction The Freename Auction House allows you to secure a brand new Web3 domain, all whilst earning extra incentives from the GBM Auction Festival In our Win-Win auctions, even if you are outbid, you still win!

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Great work! What was the most useful piece of feedback you received during the alpha? Would love to see GBM Auctions as an integrated option!

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