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GBM Launches Web3 Auction Festival with Major Industry Players

GBM Launches Web3 Auction Festival with Major Industry Players

Published:
2025-06-26 14:55:02
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BTCCSquare news:

GBM, the innovative auction protocol transforming onchain value distribution, has unveiled its inaugural Auction Festival—a multi-month event blending competitive bidding with community rewards. The initiative partners with Web3 heavyweights including The Sandbox, Aavegotchi, and Unstoppable Domains to demonstrate GBM's bidder-rewarding mechanics ahead of its full protocol launch.

Unlike traditional zero-sum auctions where only winners benefit, GBM's model refunds outbid participants with added incentives. This paradigm shift aims to foster genuine price discovery and sustained engagement. The festival coincides with GBM's upcoming token release, featuring quests and exclusive rewards to showcase its trustless auction environment.

|Square

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