Λbout Microbid.com

Microbid.com helps turn almost anything into a viral, digital, crowd-powered Auction where winning Bidders pay just 1% of price (or face value), while Sellers, Brands & Businesses (providing the auctioned item, good or service) always receive 100% of their full asking price - and in many cases even up to 125%.

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

We use a very simple algorithm, plus a super unique loyalty-driven system to make it all possible and while the "micro" bid (ie. $.001) feature may be reminiscent of old penny auction sites from the early days of the internet - Microbid is something totally different and 100% legal - and most importly, we only keep 15%.

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

First - As mentioned above, the company is 85% Member-owned - with 85% of the revenue going directly back to Members in the form of Auction Discounts (which help us get the prices down to 1%), insane Loyalty and Rewards and ridiculous Referral Bonuses.

Secondly, Microbid has been designed so our Members, Brands, Businesses and Services can create and post Auctions - and get paid in a variety of ways. Penny Auction sites were all about those owners/founders getting paid.

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.

- 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 they 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% of Face Value (ie. what it's worth and the price they want to get), but they can actually "mark it up" another +25% - and get over Face Value. Call it compensation for their time, expertise or whatever.

Third - We’ve designed features, rules and guidelines specifically so Members don’t have to waste a lot of bids. 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.

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?

With Microbid, you do lose bids, but that’s because we treat them as a sort of service fee towards the facilitation of the overall services, which you will learn are vast, comprehensive and hopefully extremely beneficial and rewarding to our Members.

In addition, the more bids you do place (ie. make), the more Loyalty Stars you earn - and hence the higher your Loyalty Score is, which makes you eligible to earn more Rewards and winnind bids.

And, finally - winning Bidders don’t actually win the item, service, good, idea, package, etc. - they win the 1% offer. And, we’ve created a very fair, easy and rewarding platform to help us make this all possible. Learn more

Fourth - Oh yeah, almost forgot... we don’t have millions in marketing and advertising 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 (tip: 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. And, finally - there are 3 Consolation Prizes awarded at the end of every Auction.

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), which also determines their "Loyalty Score". And, a higher Loyalty Score actually increases and improves chances for earning Rewards and other prizes, including Instant Rewards - and Auction Consolation Prizes - that are awarded at the conclusion of every successful Auction.

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

CREATOR MONETIZATION

Do you just want to make money from crowd-powered Auctions? Microbid makes it easy. All you have to do is create/post creative, interesting Auctions that users would be very interested in - with the potential of going viral.

And, if one of your Auctions is won - you earn the sale price + 10 to 25% (depending what you set your "markup" at) of the Face Value (ie. "Buy Now") price of the Auction. Learn more about Monetization

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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