GBM Auctions
GBM Auctions is a new kind of auction for Web3. Every time someone places a bid and gets outbid, they get their bid back plus a reward. That means nobody ends
cryptocurrency up with nothing. GBM calls this the “Win-Win” model because it’s fair and exciting. GBM is built to make auctions more transparent, safe, and fun for everyone.
How GBM Auctions Benefits the Crypto Space
More People Join – Everyone can win something, so people like to
Ethereum blockchain take part.
Fairer Price Discovery – Sellers get more bids, and those bids help show what an item is really worth.
Stronger Trust – Since bids are on-chain and safe from cheating, people trust the process more.
GBM Auctions Airdrop Details
Start Date: OG Airdrop snapshot before 20 June 2025.
Festival Airdrop: Snapshot in Q3 2025 after the Auction Festival.
Total Airdrop Value: Festival Airdrop shares 25 million $GBM tokens. (USDT value depends on market price.)
Platform: Airdrops are claimed manually on the GBM Dashboard after the IDA completes.
Expected Value: It varies per user based on how much they bid, sell, and complete quests—so value in USDT will vary too.
Tasks to perform:
For OG Airdrop: place a bid or list an asset before 20 June 2025.
For Festival Airdrop: participate in auctions during the Auction Festival, do quests, sell or win.
Guide to participate:
Go to the GBM auction platform and connect your wallet.
Place bids, list assets, or win auctions during the Festival.
Complete quests and refer friends to earn XP points.
Track your XP using the GBM points dashboard.
After the IDA finishes, go to the GBM Dashboard and claim your airdrop.
GBM Auctions Features
Win-Win Auction Model: Every bid counts. If you're outbid, you earn a reward.
On-Chain & Fair: Bids happen fully on-chain, with hashes that prevent front-running.
Easy Setup: No coding needed—you can launch your auction or use their API.
Trusted by Big Names: Already used by well-known NFT and Web3 projects.
GBM Auctions Roadmap
OG Airdrop: Snapshot taken before 20 June 2025.
Auction Festival: Runs late June through early September 2025, with auctions, quests, XP, badges, and Festival
free token airdrop.
Initial Distribution Auction (IDA): Coming in Q4 2025. It will likely involve auctions for $GBM tokens where participants receive SBTs to unlock tokens.
GBM Auctions Whitepaper
The GBM whitepaper explains:
The GBM Protocol and how auctions work.
Token purpose, supply, distribution, staking, governance, and audits.
Community rewards, including airdrops and festival badges.
Roadmap and vision for the future.
GBM Auctions Tokenomics
$GBM Token: Used for rewards, staking, and governance.
Supply & Distribution: Airdrop pools are 2.5% for OG Airdrop and 2.5% for Festival Airdrop.
Staking & Badges: Festival badges (SBTs) give lasting bidding bonuses—Bronze +0.1%, Silver +0.2%, Gold +0.3%, Platinum +0.5%.
Governance: Token holders will use $GBM for votes and protocol decisions.
Conclusion
GBM Auctions introduces a fun, fair, and rewarding auction system where every bid matters. The GBM Auctions Airdrop gives real rewards for participating—whether by bidding, selling, or completing quests.
