Microbid is 100% self-funded & 85% Member-owned. 85% of ALL Revenue goes
directly back to Members in the form of heavily discounted Auctions +
Insane Rewards
People buy bids (for $.30-.35/ea) then place bids
on Auctions (in increments of $.01) - or post
their own Auctions. Then, when an Auction hits its Reserve Price, the
member with the highest Total Bid (first)
wins the Auction. That’s pretty much it - with a few twists...
We know a lot of people out there are old enough to remember penny Auctions. This is
NOT that. Microbid is 100% Member-owned with 85% of the Revenue going directly
back to General Members in the form of heavily discounted Auctions + Rewards. Yeah,
we take in way more than the value of the auctioned item, but that’ve because
we are self-funded and don’t have VC-level money and marketing.
So, we built that expense in - and made it so it goes to our members who do refer,
share and help us with that (marketing) part. We also specifically designed Microbid
so that not only are your bids never wasted, but they also serve
a minimum of at least 3 different beneficial purposes - for you:
1. Every bid placed automatically gets entered to win Instant Rewards/Prizes.
2. Every bid placed on an Auction continues to roll-over into additional rounds (of
that Auction).
3. Every bid increases your Bidpower & Loyalty, which helps you earn more
and win more.
Basically, we couldn’t seem to get people to work together, collectively to
crowd-power and combine their money to do cool things with buying power in a world
of constantly rising costs, so we figured if we add an insane Rewards System
maybe that would do the trick.
INSTANT REWARDS
We literally give Instant Rewards (ie. digital gold coins)
on every single bid members place.
Some rewards are standard (ie. 25 gold coins) - but, some are big.
We use digital gold coins as our standard reward because Microbid is all about real,
buying power and
in this format Members can do a lot
of different purchasing or money-related things with them.
Like using them to outright
buy the same items
(or services) in the Auctions, using them to
Request Cash Advances or enter to
win certain items as a Giveaway - or you can simply use them to
cash out.
SELLERS?
PEOPLE DON’T HAVE THE MONEY THEY USED TO
But, the good news is - they do still have enough for Microbid to help them
combine it, turn it into Auctions + Rewards
- and then turn that
right back into sales -
for you. In the financial world - they used to call this
"Undiscovered Revenue". And, all you have to do - is
simply post whatever you’re selling - as a
Crowd Auction. Maybe we need a
picture...
GOT AN AUDIENCE?
INFLUENCERS / MARKETERS / SOCIAL MEDIA STARS / SPORTS FANATICS / OTHERS
Don’t see an Auction that interests you or your fans, followers,
audience, etc?
Post it - then bid on it, or share it.
You’ll make +10% to +25% of your
Auction’s face value if it’s successful.
BEST REFERRAL PROGRAM EVER.
10% REFERRAL BONUSES

If someone you referred wins an Auction (ie. as the winning Bidder) - you
earn an
instant 10% Referral Bonus - which
means
10% of the Face Value of the Auction
they won. So, if they win a $300,000 Luxury EV Vehicle Auction -
you earn 10% - a cool $30k.
microbid
LOYΛLTY + RΞWΛRDS
85% of profits go directly back to Microbid Members
in the form of $1 Auctions, Rewards, Benefits, Perks + RevShares.
33.33%
$1 Auctions - the Bidder(s) with the most bids wins.
10%
Referral Bonus(es) - when your referrals win
11.11%
Instant Rewards - Earn X amount on every, single bid.
10%
Digital Gold Coins - Re-invest or cash-out.
15%
Creators Bonus - Post an Auction and earn 15%*
5.56%
Contingency + Fulfillment
* Post Auctions around whatever you think your Audience would
go wild for - and you’ll earn 15% of the bids even if it doesn’t
end in success (ie. has a winning bidder).
Example Account page (with an Auction):
YourBrand