GBM Auctions (gbm)

The Initial Distribution Auction for $GBM has successfully closed. $520k+ raised. $1.2m+ bidding volume. $40k+ earned by bidders. Congratulations and thank you to everyone who participated in these historic auctions on Base. This is just the beginning...

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A new GBM auction just went live on Base at: http://reallynice.art This beautiful artwork "Saint Hraxaz of Zaxoxixville" by @schmrypto is available for 24hrs There are only two outcomes for bidders in this auction: 1. Earn $ETH when you get outbid 2. Win the CryptoArt Happy bidding!

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https://auction.reallynice.art/marketplace If you're an art collector but you're tired of the noise, check out this curated daily auction platform, powered by GBM Auctions. Daily CryptoArt auctions running on Base, with the NFT claimed on mainnet. Really Nice Art

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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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