Bid-to-Earn Auctions
GBM™ is the auction where bidders make money when they are outbid. Join the #BidtoEarn revolution.
More participants
Bidders are incentivised to bid, making your auctions more engaging and popular.
More revenue
More participants and better price discovery means you always sell at the best possible price.
More fun
Your auctions are fairer because bots lose their advantage, and everybody wins.
See who’s already using it
“GBM auctions have transformed the way we sell to our community. True price discovery for our assets and an incentivised selling process has made our drops wildly successful across all metrics.”
Jesse Johnson
Founder & COO, Aavegotchi
“We are really happy with the results. The integration process was very smooth and everybody in the community agrees it’s been an improvement. I don’t know how I had not heard of GBM before, it’s amazing.”
Jonathan Mann
Founder, Song A Day
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“How do you price the unpriceable? GBM auction was the answer. A truly revolutionary auction mechanism for truly unique pieces which helped us raise hundreds of thousands of dollars for charity”.
Hugo McDonaugh
Founder, Cryptograph
Everybody wins
In a typical auction there is only one winner and everyone else loses. Many auctions don’t attract enough bidders and some get none at all. GBM™ turns any auction into a great experience where you either win or you make money.
You place a bid, and if someone outbids you, you get your bid back, plus a share from the pot called an incentive.
How it works
When a new bid is placed, the GBM™ formula calculates how much money that bidder will earn if they are outbid.
Every bidder that gets outbid earns an incentive, and the highest bidder at the end of the auction wins, with the seller receiving what is left in the pot.
Watch VideoEasy integration
You can deploy the back-end and front-end for your GBM auctions in under an hour with our Plug and Play solution, no full-stack developer required! We also have a fully customisable code library for more advanced integrations.
GBM auctions are available for both blockchain-based applications and non-blockchain traditional auction houses.
Working with experts
As a GBM client, you have a direct line of communication with our team. You receive advice from experts on pricing mechanisms, user experience and game theory to enhance your platform, as well as data analysis and insights on how to unlock even more value with GBM.
What you can expect
Advice from the inventors of the GBM auction on how best to implement it with your offering.
Help with marketing and communication of the GBM auction system to your audience.
Continued access to new features and insights to further improve your offering with GBM.
No upfront costs and no monthly fee. You only pay a small percentage fee based on your use of the GBM system.
