GBM Auctions (gbm)

I just completed Farcaster Memory in 14 moves on the @atlas frame!

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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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Token sales ARE so back. The issues with existing token launches were clear: unfair access, poor price discovery, extractive systems and misaligned incentives. Coinbase has made some improvements, but it hasn't provided a real fix. The solution is here: The GBM IDA. The IDA is open to EVERYONE = fair access for all New tokens in an IDA start at 0, the price of the token is defined by the market demand = true price discovery. Anyone who participates in an IDA has only two outcomes, earning USDC or winning new tokens = value creation for everyone, not value extraction for the few. Every bid is onchain and most importantly - every participant in an IDA has a win-win experience. This is the way to change token launches so that the onchain experience is positive, fair and engaging - for everyone. @barmstrong.farcaster.eth - you've already used our auction model to bid in Song A Day auctions, so you're familiar with it, but we'd love to chat more about our Initial Distribution Auction (IDA) model!

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Throwback to July 2020 when Vitalik Buterin created a unique NFT and sold it via our Bid-to-Earn auction model to raise money for his chosen charity! Bidders earned over 10 ETH by participating in this auction. This is the Bid-to-Earn way. Bidders rewarded for participating ✅ Money raised for charitable causes ✅ Everybody wins ✅

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