GBM, the revolutionary onchain auction protocol, has announced its first-ever Auction Festival, set to begin on June 30, 2025. This multi-month event partners with leading Web3 projects like The Sandbox, Aavegotchi, and Unstoppable Domains to showcase GBM’s Win-Win auction model—where every participant earns rewards, not just the highest bidder.
Why the GBM Auction Festival Stands Out
The Win-Win Auction Model
Traditional auctions create a zero-sum environment, leaving most bidders empty-handed. GBM flips this dynamic:
- Bid refunds: Outbid participants receive their full bid back.
- Incentives: Additional rewards are distributed to all bidders, fostering fair price discovery.
- Trustless engagement: High participation rates drive genuine market value without sniping or manipulation.
"GBM’s model turns bidding into a rewarding experience for everyone. Even if you don’t win, you still earn."
— Sébastien Borget, Co-Founder of The Sandbox
Festival Highlights
From June to September 2025, participants can:
- Bid in exclusive auctions (e.g., virtual LAND, Web3 domains, NFTs).
- Complete quests for tiered rewards.
- Earn points redeemable for future GBM tokens.
👉 Explore the Auction Festival
Partner Testimonials
Unstoppable Domains:
"GBM makes Web3 domains accessible to all—from newcomers to collectors."
— Sandy Carter, COO
The Sandbox:
"Our community loves the thrill of bidding, knowing every attempt is rewarded."
How to Join
- Visit the GBM Protocol Docs for details.
- Join the Discord Community.
- Follow updates on X (Twitter).
👉 Learn About GBM’s $200M+ Bidding Volume
FAQs
Q: How does the Win-Win model work?
A: Losers get their bid back plus a bonus, making every bid rewarding.
Q: Can I earn GBM tokens?
A: Yes—participate in auctions, quests, and community programs to qualify.
Q: Which partners are involved?
A: The Sandbox, Aavegotchi, Unstoppable Domains, and more.
About GBM
GBM has processed $200M+ in bids** and distributed **$6M in bidder rewards, establishing its model as a Web3 auction standard.
For media inquiries, contact:
Jake Scott
Head of Marketing, GBM
Email
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