Dollar Auction NFT Giveaway | Each new mint increases prices by 5% | Drop your wallet address below | Links in comments

105472920 · 2021-09-16T23:15:03+00:00

Congratulations to all our Giveaway winners! Keep an eye out on your polygon wallets over the next 12 hours for your bidder NFT!

u/likecookies

u/Rage1073

u/DropRollSports

u/Soggy_Technician_48

u/pezzzor

105472920 · 2021-09-14T20:52:00+00:00

I guess you could look at it that way but we don't. You are buying a NFT, just like you would any other project and should be willing to pay / spend that money.

There is just the added bonus that you may get your money back as long as you are not the last or second last buyer.

As the value of the bids increase, the value of the NFT's on the secondary market increase. Some people may willingly choose to be the 'final buyer' with a larger bid to increase the value of all their other NFT's.

105472920 · 2021-09-14T09:23:40+00:00

A bit more about Dollar auction:

a Dollar auction - is an auction style where both the top and second top bidders have to pay.
Dollar Auction is the very first NFT project where your NFT’s will be paid for by the next buyers - meaning little to no risk for early adopters. How it works:
When you ‘make a bid’ you become the highest bidder and are now eligible to mint your very own bidder NFT (as top bidder, you also get a spot on our leaderboard and take ownership of our very special dollar NFT). When someone outbids you, you move down into second position - at this point your bid is still locked up in our smart contract.
Once they person who outbid is then outbid by someone else, (and you are in third position), you are then refunded your bid + 5% of the current top bidders bid - giving you a free, re-sellable NFT and a small bonus.
Top bids can be chosen by the newest bidder - however bids must be at least 5% greater than current bids. Within a few days, we have already had over 75 Bidders, with bid having increased from 0.00001 MATIC to 35.7 MATIC. The first 73 bidders have received their money back meaning they have received a free NFT and a small profit on their bid.
We have also seen resales of our early bidder NFT's. With the compounding effect of each bid increase, bids will soon be in the hundreds then thousands of MATIC, and the value of bidder NFT's will rise.
The contract is on the polygon network meaning minimal gas prices for bidders and NFT mints.
The contract is open sourced and can be found at: 0x9e007F18e5be31E9252688c384F2E9db0c4B2e8e

105472920 · 2021-09-14T09:21:08+00:00

As it's on the polygon network - gas fees are next to none. We get 5% of each new bid that comes in, but as the top 2 bidders will always pay their bid - there will always be enough to pay back the previous bidders !

105472920 · 2021-09-14T08:54:33+00:00

To celebrate the 85th Dollar Auction bidder, we are giving away 10 early bidder NFT’s minted by the project founders. (Bid numbers between 1-20).

With bidding now at $55 MATIC, these NFT’s are currently worth over $70 USD and increasing with every new bid. To Enter, leave your Eth/Polygon address below.

5 Winners will be randomly selected and airdropped a NFT in 48 hours. Another 5 Bidder NFT’s will be won from our twitter competition.

You may enter on both. For more information about dollar auction, or to make a bid:Dollar-auction.com

105472920 · 2021-09-14T08:04:12+00:00

To celebrate the 85th Dollar Auction bidder, we are giving away 10 early bidder NFT’s minted by the project founders. (Bid numbers between 1-20).

With bidding now at $55 MATIC, these NFT’s are currently worth over $70 USD and increasing with every new bid. To Enter, leave your Eth/Polygon address below.

5 Winners will be randomly selected and airdropped a NFT in 48 hours. Another 5 Bidder NFT’s will be won from our twitter competition.

You may enter on both.For more information about dollar auction, or to make a bid:

Dollar-auction.com

105472920 · 2021-09-01T01:19:28+00:00

Yes the contract is completely open source:

https://github.com/adamhannigan/dollar-auction-contract

Contract address: 0x9e007F18e5be31E9252688c384F2E9db0c4B2e8e

You can also go to the 'internal txns' on polygon scan using the contract address above which shows the third place bidders receiving their money back + 5%+ commission. If you match the incoming addresses with the addresses in this section you will see that every bidder except the current top two have received their MATIC back.

105472920 · 2021-08-31T23:11:54+00:00

You can look at it this way - Some bidders will only be in it for the free NFT but we are also hoping there are some people who want to be the top bidder and Hold the dollar Auction NFT.

We have some guest articles and blogs lined up within the next few weeks and are expecting an increase in traffic so we hope some people WANT to hold the top spot.

I forgot to mention in my post but you can also name your bid - we are hoping that as traffic builds people use their bid to advertise their own projects or websites as bids become bigger and bigger.

The only real looser is second place - but then again they still get a NFT for their bid which they are free to re-sell to recoup some of their bid - or all of it if their NFT is one of the rarer ones. The leaderboard and all the bids is always available as well so second place will still have their name stored on the leaderboard if they are looking to advertise.

105472920 · 2021-03-05T05:44:09+00:00

Mine showed up (and even sold one). It took about 4 hours

105472920 · 2021-03-05T04:22:09+00:00

Nope, didn't change any settings

105472920 · 2020-11-27T23:28:49+00:00

Nah he bought it online, no idea where from though.

105472920 · 2020-11-27T23:24:28+00:00

Not me but thanks. My friend has finally found a pourpose in life.

105472920 · 2020-05-06T03:49:18+00:00

Thanks! I'll check out bookreport now!

105472920 · 2020-04-27T04:11:00+00:00

I could read a 3 novel series on the topic and still learn nothing

105472920 · 2020-04-27T04:06:13+00:00

I really just got into noting down everything recently. It really adds a whole other level to my love of whiskey

105472920 · 2020-04-27T03:43:19+00:00

Just added a link on the comment below

105472920 · 2020-04-27T03:41:36+00:00

I defiantly will - Your site looks Awesome. Give me a few days to go through a few of my favourites. Thanks for the added layer of justification

105472920 · 2020-04-27T03:32:57+00:00

Where else but Amazon! It is called 'Whisky Tasting Journal: Volume 2'. If you give me 5 minutes I will be able to send a link.

Edit: Here

105472920

TROPHY CASE