About

We’re re-inventing Auctions.

Λbout Microbid.com

Imagine if Groupon had a love-child with Ebay - and then added in Starbucks Loyalty - you’d get Microbid.com

Microbid.com is 85% Member-owned and helps the world combine its spare pocket change to create millions of dollars in heavily discounted Auctions, new Rewards and tons of E-Commerce/purchase potential.

Imagine 10M to 50M people combining $0.30 per day - you’d have $3M in new rewards, purchases and sales - every, single day.

And, it’s all based around one of the oldest forms of commerce in the world - Auctions, except Microbid has created a new Auction concept called "Crowd Auctions", which helps members turn almost anything into a viral, digital, crowd-powered Auction where winning Bidders pay just $1 (of face value) to "buy now" - while Sellers, Brands, Businesses & Creators (providing or promoting the auctioned item, good or service) always receive 100-115% of their full asking price.

This is not Kalshi, Polymarket or even any of those old penny auction types of scams. This is pure math combined with crowd-power, Loyalty + Rewards - and good ole’ fashioned Auctions.

A FAIR SYSTEM FOR ALL

Microbid uses Bidpower, which is sort of like a form of Loyalty, but more like a buying power score - to reward bidding members throughout Auctions. The idea is that over time, your Bidpower should grow - making your loyalty andbids truly count for something.

It’s a fairly simple algorithm that’s similar to the Loyalty Program and systems of famous Retail and E-Commerce based brands, in addition to Airline Rewards. Right now, it’s more about dollar impact - bids + bids made by people you’ve referred + membership months enrolled. Simple.

NOTHING LIKE THE OLD PENNY AUCTION SITES

In some ways, Microbid may seem reminiscent of old penny auction sites from the early days of the internet - but the Microbid Platform is something totally different and 100% legal - and most importly, we only keep 15% to run the whole thing. 85% goes directly back to members in the form of heavily discounted Auctions, Rewards, Referral Bonuses and other various promotions that directly benefit members.

The entire platform was all designed around making regular people more money, expanding their collective buying power to save them more money - all while giving Small Businesses, Brands and Services a smarter way to reach people and increase sales.

We built Microbid to be a global, equitable, digital ecosystem that helps people of all kinds truly leverage crowd-power and get paid, while increasing sales, more easily reaching new Customers and more affordably getting new exposure - all, via viral, crowd-powered Auctions.

SELLER & CREATORS WILL LOVE US

- Imagine someone with a highly valued, collectible. What’s that worth?

- Or, someone with a valuable service to offer? What’s that really worth?

- Or, even someone with an awesome Idea, like a Dream Travel Trip - who creates an Auction Package around that idea.

We think Creators should be able to mark that up, so they’re compensated for their time putting it all together! So, not only can they post an Auction and "sell" it for $1, but they can actually "mark it up" another +15% - and get over Face Value. Call it compensation for their time, expertise or whatever.

We’ve also designed features, rules and guidelines specifically so Members don’t have to waste a lot of bids (like Bid Caps). That’s not what Microbid is about. Microbid is about everybody everywhere being able to place a few bids here and there and getting the opportunity to get something potentially awesome in return - and if not today, then definitely over time. It’s a long-game play that we knew we had to build a short-game into to get people to actually do.

WE’LL CREATE 1 NEW MILLIONAIRE EVERY DAY, SOON

Wouldn’t it be cool if a website existed where someone new became a millionaire every, single day? Or, where maybe you weren’t a winner, but personally knew of several or more people who were?

NO BID IS EVER WASTED

With Microbid, you can lose bids technically, but they do NOT and WILL not ever go to waste - not with the system we’ve built for you - and us.

Every bid placed earns instant Loyalty (stars), instant Currency (digital gold coins) and builds (and expands) your overall Bidpower, which allows you to earn and win more Earned Rewards and Instant Rewards.

* Bidpower also goes hand-in-hand with Digital Gold Coins - our form of currency, which allows you to:
- outright buy a lot of the same items (and services) featured in the Auctions
- use as a discount to buy them
- use to request a cash advance
- or, finally, use to cash out

And, finally - for additional legalities, winning Bidders don’t actually win the item, service, good, idea, package, etc. - they win the $1 offer to buy it now. Learn more about How It Works

ONE HECK OF A REFERRAL SYSTEM

Oh yeah, almost forgot... Microbid is self-funded by a small team of seasoned, US-based Tech Entrepreneurs and Business Owners. We don’t have millions in marketing and advertising money - or VC money, so we made sure to build in one heck of a Referral System.

Not only can you make literal hundreds to thousands just for referring people (because you get 10% of face when you refer someone who ends up being a winning Bidder), but we’ve also built in Instant Rewards that you can literally win/earn at any time - every single time you place a bid.

ADVANCE - YES, SPOT CASH ADVANCES

And, finally - we built in another exclusive Members-only feature called Advance, which will allow Members to use their digital Gold Coins and Bidpower to request and get approved for Spot Cash Advances. Check it out - Advance

So, we’ve made a truly rewarding ecosystem that we think will re-define E-Commerce and the Creator Economy - giving way to the brand-new Crowd Auction Economy!

* LOYALTY + REWARDS

Members earn Loyalty + Rewards for every bid they place - in the form of stars, coins and Bidpower. Loyalty Stars afford, allow and enable various premium privileges - while coins serve as our sort of currency and allow you to do a lot more in the e-commerce realm - like buying or getting discounts off the same items (and services) featured in the Auctions, requesting Spot Cash Advances - and earning + winning Instant Rewards.

CREATOR MONETIZATION

Got a Product, Collectible, Service - or even an Idea? Turn it into a crowd-powered Auction!

Want to make money and increase sales from and using crowd-powered Auctions? Microbid makes it easy. All you have to do is create/post creative, interesting Auctions that users or potential customers would be very interested in - and you’ll know right away if it has the potential of going viral.

Plus, you make +15% RevShare on every bid placed on your Auctions - and if one of your Auctions is successfully won by a bidder - then you also earn the sales price + 15% of the Face Value (ie. "Buy Now") price of the Auction - thanks to our built-in Creator Bonuses.


The Crowd Auction Economy




MORE ABOUT MICROBID

Microbid was founded by a group of veteran, serial entreprenuers based out of the Midwest who also own and manage a long-standing, development-focused creative firm, dev11 Creative Agency (serving small to Fortune 500 Clients).

We’ve been creating web, mobile and cloud-based software + solutions for more than 20 years. And, in that time, we’ve amassed quite a large portfolio of Tech IP, as well as experience, which helped us create Microbid.



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