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AHONEX - BidPay Enabled - What is BidPay? Exploring the SAME - Will I get paid leveraging BidPay?

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gungunkrishu2.3 K18 days agoPeakD4 min read

Hey All,

https://files.peakd.com/file/peakd-hive/gungunkrishu/Ep3gfFkminA4X75Lawcg7mpMyvamJi1cLJckPYCHbuwwv5WuMxZmKpcjsVnEqavnTrj.png

We had this announcement made recently, where one is getting paid for bidding on

. Yes this is true and incase you don't believe it then check the post announcement here -
. Lets start with a simple explanation for::

What is this BidPay?

Here on Ahonex the way to understand this is that when you are outbid, you earn 5.0% of the amount you increased the price by from the outbidder. Lets take an example here where currently I placed a bid for

where I have outbid @omg-sp2 bid of 7500 #DEC and now when someone will outbid my bid of 8000 #DEC then I will be paid here in #DEC

https://files.peakd.com/file/peakd-hive/gungunkrishu/23wgMWgzkrqSUTBK88EWQywufJu5njmd3VwvctqjmKoPawZeKPJ4XcAceAZVx96ZZv5AG.png

Here is how the history of Dragon Whelp BidPay is currently looking like when I had done the outbid. A similar amount will be deducted from my bid when I outbid others. So here in my example since I had overbid then @omg-sp2 would have received the BidPay which is #DEC and now I await for someone else to overbid me or else I will be get this GOLD FOIL card Dragon Whelp for 8K #DEC which is like 38 #HIVE. Which I think is a very good deal considering its a very rare card from Alpha card release and right now there is no one selling it in the internal market.

https://files.peakd.com/file/peakd-hive/gungunkrishu/23u69LRVjGEXVMQXDzZVwN8F8kidKb9mwvHHyfZdeLzQiU5ytNPSvRFn1BkWgKKY79Mzg.png

I will be more that happy to get it at this price even if on one outbids my bid. But lets see what beholds in near future. I am just trying to explore and learn this new feature BidPay recently implemented. Please keep in mind a point to note is that there's a reserve price and if ones final bid amount ends up below that, there's no guarantee you'll be outbid or win - and you may still lose a portion of your bid to the previous bidder. I will be reporting back when this card auctions ends with the results i.e. how much #DEC I earned back, who outbid me or did I get this rare gold foil card or not. Currently there are many NFTs [Non Fungible Tokens] that has auction BidPay enabled. There is a land, tract and even nightmare packs with BidPay enabled - check them out

. Simply go to the browse section and on the Addon select "BidPay Auction" to display all auctions which are BidPay enabled; its that simple to filter out auctions. I guess this should be it for todays post on - " AHONEX - BidPay Enabled - What is BidPay? Exploring the SAME - Will I get paid leveraging BidPay?" Go try it yourself and don't miss the opportunity to earn some free #DEC here... Happy Auctioning here on AHONEX & take some advantage.... cheers




AHONEX - BidPay Enabled - What is BidPay? Exploring the SAME - Will I get paid leveraging BidPay?

#invennium #auction #ahonex #splinterlands #nft #auctionhouse #auctionhouseonline #arcadecolony #bidpay #ahonex

Have Your Say On AHONEX.COM, BidPay & Splinterlands Overall...

Did you explore the auction house online exchange - AHONEX yet? Staked Your #Splinterlands SPS license? Did you buy some land/plots? HODL Vs SELL - SPS? How is your Investment in the Splinterlands Game looking like? Doubled? Tripled? Do you plan to buy #license Node? Howz your over #SPS stack looking like? And what has been our latest strategy in the game Splinterlands? Please let me know in the comment section below...

Best Regards

Image Courtesy:: splinterlands, pro canva, peakmonsters, keycahin

PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in BlockChain & Cryptos and have been investing in many emerging projects..cheers

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