Our coin auction is like a dream come true, where the boundary between fiction and reality fades. Participants can trade coins and settle however they please, watching their value grow with each exchange. Once a day, the world gathers for a global auction to facilitate this dynamic exchange.
To ensure your journey is smooth and enjoyable, we've set up some guidelines to follow.
Timely payment is essential in this auction environment. Participants who fail to honour their bids on time will incur a penalty. Specifically, for every hour that a bid remains unpaid beyond the deadline, the bidder will lose 1% of the bid value. This penalty encourages prompt honouring and discourages delays.
Incentivizing growth and recruitment is a key aspect of this auction's reward system. Participants have the opportunity to earn additional bonuses by recruiting others to participate in the auction. For every five downliners that a participant recruits, they will receive an extra 1% on their bids, up to a maximum of 5%. This encourages participants to expand their network and increase overall participation in the auction.
Similar to the previous point, participants are rewarded for expanding their network and recruiting new participants. For every five downliners recruited, participants will receive an additional 1% on their bids, up to a maximum of 5%. This rule reinforces the importance of growth and encourages participants to actively engage in recruitment efforts.
The principles of transparency and fairness guide our auction system. To protect the integrity of the process, each region will host its own auction, ensuring that risks are managed and coins are traded responsibly within regional capacities.
Every participant in this auction is entitled to a basic bonus of 5%. Additionally, this bonus has the potential to increase further based on recruitment efforts. For every five downliners recruited by a participant, their basic bonus will increase by 1%. This rule provides an incentive for participants to not only participate actively but also to recruit others, thereby contributing to the growth and success of the auction.
Lead the charge in championing "OurCoin Auction" in your region where we're not yet present – reach out and shape a promising future.