MetaBID, the innovative auction platform set to transform the way people bid and win launches it’s first auctions on the 4th of November 2023. By combining blockchain technology, a secure and transparent environment, and exciting opportunities to win highly prized digital assets at a fraction of their market price, MetaBID is your gateway to a future of thrilling auctions and immutable digital rewards.
What is MetaBID?
MetaBID is an emerging blockchain-driven auction platform that’s designed for the new generation of auction enthusiasts. It takes the fundamental concept of auctions and enhances it with the power of blockchain technology, making the process more secure, transparent, and rewarding.
It enables users to secure exclusive digital treasures like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Crypto Punks, Bored Ape Yacht Club NFTs, and other coveted digital assets, often at prices that challenge belief.
Why MetaBID?
- Transparency: Every asset and its pertinent auction parameters—like the reserve price, bidding cycles, and maximum price—are transparently and permanently stored on-chain before any auction kicks off. This ensures that no rules are altered mid-game, offering clarity and assurance to all participants (bidders).
- Audited by Certik: Certik, one of the world’s leading blockchain auditing firms, has rigorously audited the bidding code. This audit ensures that the bidding mechanisms are fair, trustworthy, efficient, and free from vulnerabilities.
- On-Chain Reliability: With all vital auction details and assets recorded on-chain, there’s a guarantee of fair play. This infrastructure ensures no asset can be double-auctioned. Every auctioned asset is unique, and the rules are clear and unchangeable for everyone before an auction begins.
- Secure Transactions: Security remains paramount. All MetaBID transactions are encrypted, keeping your data and assets protected every step of the way.
- Fair Play Policy: Any indication of foul play, such as the use of bots or automated software (excluding approved bots such as the MetaBID bot that is provided free to all users), is strictly prohibited and will result in immediate account termination.
- Sustainable Discounts with Reserve and Max Price: These mechanisms ensure that while users will always enjoy significant discounts, the platform operates sustainably without incurring losses.
What to Expect from MetaBID?
MetaBID promises a series of captivating milestone events, with incredible assets up for grabs:
- Public Sale: The public sale of BIDs kicks off on October 28, opening the doors to more participants.
- Auctions: On November 4, be part of MetaBIDs inaugural auctions.
MetaBID is more than just an auction platform; it’s a new world of opportunities and excitement. Join us on this journey, and let’s redefine auctions together.
About MetaBID
MetaBID is on a mission to democratize digital wealth, making it accessible to all individuals, regardless of geographical location or financial situation.
MetaBID is an online auction platform that leverages blockchain technology to bring transparency and fairness to auctions. As a product of MetFi DAO, MetaBID is redefining the auction experience with its innovative approach to pricing, customizable bidding bots, and community-centric focus. The first auctions go live on November 4, 2023 and BID packs are available for purchase now.
