HOW IT WORKS
Microbid Limits are the maximum that members are eligible for - for
Requests, Rewards, Cash Λdvances, Equity Buy-Backs and Prizes.
This does not include individual Crowd Auctions, which have no max
for any member.
Microbid turns simple Cash Λdvance Requests into
real-time
demand Auctions by batching them (privately) with other Requests
(based on amount).
How to get approved:
(1) Meet the Minimum Bid
Goal(s)
(2) Based on your Loyalty/Bidpower
(3) Instantly by Random -
while earning Loyalty + instant Rewards every time you bidup
your Request(s) to speed up approval.
REWΛRDS POOLS
Microbid has a real-time Rewards Pool for all members who place bids
or contribute to the platform in some kind of measurable way.
You can learn more on the
Leaderboard and always
see a list of Winners on the
Winners page.