iBid
iBid blockchain auction platform phased in real time What is IBIDTOWIN The IBIDTOWIN auction floor is a Singapore e-commerce platform 4.0 that will be launched in early June 2020, in the form of Ebay or Amazon. The difference is that this new e-commerce floor uses Blockchain technology, the Token itself, and an Auction-based trading business The 10 second countdown auction method (every time someone clicks on the auction, the 10 second round is counted again from the beginning) until no one presses the auction operation for the product within 10 seconds, the product will belong to the last person to click on the auction. People will bid based on Points (range $ 0.13 = 1 Point), each click you will lose 1 Point Points can be purchased, or awarded from system builders. What is a Dutch Auction? Investopedia defines a Dutch auction as a price search process in which the seller's "auctioneer" starts with the high asking price and then gradually decrea...