85% of Microbid Profits goes directly back to our Members in the form of Loyalty + Rewards and this is how it all works...
Members can earn Rewards, Stars, Bonuses, Cash and even "Daily Instant Rewards" just by bidding.
HOW IT WORKS
Stars and Entries are earned every time you:
- Place a Bid (on an Auction)- Upgrade to Microbid+
- Or, refer people who do those
Stars can then be used to redeem Rewards Items and/or Services from the Rewards Store - and they also make up your Loyalty Score (this is important).
Our top secret Rewards algorithm then combines your Loyalty Score (ie. total stars) + any current bids you might have placed (using Microbid’s Automatic Entries as a way to track it all) and then selects various Members to receive Rewards, Bonuses, Daily Instant Rewards, etc. - including Consolation Prizes (to each Auction), plus rare Supernovas - at the end of each Auction (when a winning bid is declared) and more importantly - every, single time someone places/makes a bid.
That means every, single time you tap/click that "Place Bid" (or Bid) button you might win something - maybe even the entire Auction item, good or service you’re bidding on. But, at the very least you’ll earn stars, which improve and increase your chances of eventually winning and earning other rewards.
The idea is that the higher your Loyalty Score (ie. total stars) is - and the more you bid - the more Rewards you’ll earn - forever.
And, by forever - that means we have a Legacy Policy where you can designate 2 people to leave your Microbid Account, Bids, Balance and Equity to when you depart this world.