Just ripped my Predictor Card!
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Welcome to Prediction Play on @upshot_cards
Your turn
https://t.co/4ypYrM8kdl
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Bidding for this rare ONPEPE 1/1 is underway at the @ReallyNice_Art Auction House!
We've already seen 6 bids in the first few hours of this auction, with the outbid bidders earning: 0.0305 ETH
Bidders are also earning $GBM for participating.
This is a rare win-win opportunity!
This is what modern NFT auctions should look like.
Engaging, transparent and built with win-win outcomes for everybody.
Check out the Really Nice Auction House from @BoredElonMusk, powered by GBM Auctions 👇
Only 6 hours remaining in today's auction!
https://t.co/catLbOClvA
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...
There are now 24 hours remaining in the $GBM IDA.
If you want to own a piece of the GBM Auction Protocol, and to benefit as it grows - this is your last day to bid!
Win $GBM or earn $USDC.
Experience the win-win token sale where everybody wins!
https://t.co/ETVpa8OuaY
After Day 1 of the $GBM IDA on @base
1900+ bids placed.
$350,000+ USDC raised.
$27,000+ USDC earned by bidders.
We'd love for you to take part or show your support!
https://t.co/ETVpa8OuaY
After Day 3 of the $GBM IDA on @base
2234 bids placed.
$380,000+ USDC raised.
$31,600+ USDC earned by bidders.
Ready for an exciting weekend of bidding?
Experience a better way to launch a new token:
https://t.co/ETVpa8NWlq
Here's my free Bid 2 Earn tutorial for the @GBMauction IDA
I will be heavily bidding in the $GBM auctions on @base on the 24th of November
Think it could get quite exciting and potentially be a new meta especially with current market conditions
Increases chances of crazy attention once people find out they can earn $ just from getting outbid
We love win-win moments, so we’ll be running the 'SuperFest 2.0' event for the first 24 hours of the $GBM IDA
Every bid = 1 raffle entry
Multiple bids = multiple entries
With a $10k prizepool and DOUBLE XP from all bidding activity, you won't want to miss out on SuperFest 2.0!
Huge thanks to @PineAnalytics for this deep dive into the GBM Auction model.
Rewarded bidding → better markets.
Outbid rewards, stronger price discovery, and a fairer path to token launches.
A great breakdown of what makes GBM different.
👇 Read the full article
The $GBM Initial Distribution Auction is LIVE on @base
Bid to win $GBM token bundles or earn up to 10% in USDC every time you get outbid.
Experience a new kind of token launch where everybody wins!
https://t.co/HcPhN8VuBX
Just 5 hours remaining to join SuperFest 2.0.
Every bid placed during SuperFest 2.0 = one entry into our raffle with a prize pool of $10,000 USDC 💰
All bidding activity also earns you DOUBLE XP for the $GBM Auction Festival Airdrop!
Join now: https://t.co/ETVpa8OuaY
Had an awesome conversation with @hnmcdonaugh from @GBMauction, where he broke down how they’ve built a true win-win auction model for:
📈 Traders
🖼️ NFT collectors
💰 DeFi enthusiasts
👥 And anyone participating in onchain capital markets
GBM’s design serves both sides of the market: People looking to acquire assets and those looking to sell them.
Whether you’re a bidder or a seller, you walk away with some form of value ✅
Great to see @brian_armstrong spotlighting token launches, but the next evolution is already here: IDAs (Initial Distribution Auctions).
@GBMauction’s IDA model rewards people directly for aiding in price discovery. As a participant you either win tokens or you get outbid and earn an instant return for helping establish the fair market price.
Auctions start at $0, so everyone gets the same chance to get in at the ground floor (not just VCs), following an open, market driven process. No more extraction - only rewards.
Everybody wins in an IDA!
We’ll be showcasing this with the $GBM token launch on the 24 November on @base to show the world what the future of token launches really looks like. 🚀
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.
How does the IDA provide a better solution than the new Coinbase token sales?
I'm glad you asked 😃
The IDA is open to EVERYONE, not just a list of specific users that are deemed 'loyal' = 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.
Bidding in an IDA is not only rewarding, but with a built-in Buy&Burn fund, you're actively contributing to the long term structural demand for the token = aligned incentives for every participant at every level.
Every bid is onchain, every piece of information is available, every bid affects the token price and most importantly for us - 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.
We don't believe that changing the token launch model so that it rewards a different group of people based on your own rules and definitions is the way forward.
@brian_armstrong - you've already used our auction model to bid in @songadaymann's auctions, so you're familiar with it, but we'd love to chat more about our Initial Distribution Auction (IDA) model!
The $GBM IDA begins on the 24th November, so if you're reading this, you can experience it for yourself soon.