GBM has announced the launch of its first Auction Festival, a multi-month celebration focused on auctions, rewards, and community engagement.
What is the Auction Festival?
The Auction Festival organized by GBM will be a large-scale event featuring partners such as The Sandbox, Aavegotchi, and Unstoppable Domains. The festival will run from late June to early September, including live auctions, quests, and the opportunity to earn rewards.
The Innovative Win-Win Model
GBM's auctions differ from traditional formats where only one bidder wins. In the Win-Win model, all outbid participants receive their bids back along with incentives, creating a fairer and more engaging auction environment.
Reward Programs and Various Events
The festival will feature numerous events such as giveaways, competitions, and special quests for participants. All these activities aim to engage the community and enable participants to earn points towards GBM tokens.
The Auction Festival from GBM represents a significant milestone in the evolution of auction protocols, showcasing an innovative approach to rewards and participant engagement.
