MetaBID, a digital asset auction platform developed by MetFi DAO, has experienced a surge in user engagement within just two days of its launch on Saturday, November 4, 2023. The platform offers auctions for high-value assets such as XMR and BNB Coins, Crypto Punk #6995, iPhone 15 Pro Max among others.
On Monday, a notable event is the auction of 1 Bitcoin (BTC) with a starting bid of only 1 USDT. This particular event has garnered significant attention due to the low entry bid for such a high-value asset. In addition to the Bitcoin auction, future auctions include assets like 10 XMR Coins, 1 ETH Coin, Bored Ape Kennel Club NFT #3810, Mutant Ape Yacht Club NFT #14730, and a Rolex Daytona Original.
The platform's success can be attributed to its innovative pricing strategy and community-centric focus. MetaBID aims to democratize digital wealth by making high-value assets accessible to all through a transparent and fair online auction platform. It offers customizable bidding bots and BID packs for purchase to facilitate participation.
To maintain transparency and fairness, MetaBID provides regular updates via its official website, Twitter, and Telegram channels. The platform has also been audited by Certik which adds to its credibility.
The surge in user participation exceeds initial expectations indicating that MetaBID's approach to transforming the auction landscape is resonating with its users. The platform's low-entry bids combined with high-value asset auctions have contributed significantly to this early success.
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