January 17, 2026

Microbid Pictograph

How Microbid works in 1 simple pictograph...

1. Anybody can turn anything into a Crowd Auction where the winning bidder pays just 1% of the price - while Sellers still always receive 100% of their asking price (Microbid pays the other 99%).

Turn anything into a Crowd Auction - ie. an item, a good, a service - even an idea.

HOW TO GET PAID AS A SELLER, BRAND, BUSINESS, CREATOR, IDEA PERSON, ETC.

If you post an Auction, the 1% price potential helps easily sell anything imaginable quickly. If you aren't the direct Seller of the item, good, service or idea - then you're a Creator type of Seller and you'll get paid 3-5% of the Face Value of the Auction if it's successful.

2. And, if you just want to bid then every time you place/make a bid you get an instant chance to win rewards, prizes - AND the actual Auction (outright) that you're bidding on. Yep, you read that right.

If you don't win your Auction, don't worry - there are 5 Consolation Winners for every Auction...

#1a - Gets the same 1% price offer as the winning Bidder.
#1b - Gets 2.5% of the Face Value of the Auction
#2,3,4 - Gets 1.0% of the Face Value of the Auction

And, the more you bid, the more Loyalty Stars you earn (and the higher your Loyalty Score) - and the more you earn + win.

3. Tell people - whether you're a regular person (or Affiliate) and you can get paid in a few different ways...

a) You earn $20 per 1,000 bids from people you've referred
b) You earn 3-5% of Face when you post an Auction that's won
c) You earn 3% when you refer someone who's a winning Bidder
d) You earn 3% when you refer someone who posts an Auction that's successful (ie. won by a winning Bidder)

e) We'll also soon be rolling out an official policy for referring users who upgrade their Auctions to featured (like Businesses, Promoters, etc), who upgrade to Sponsored Auctions or who purchase Sponsored Bids, etc.