I Bid In The Secondary Market For Emin’s Cryptograph And Got Outbid
The Incentive Payment Applies To The Secondary Market So I Won $50 (0.2ETH)!
How Incentive Payments Work
Cryptograph Launched on July 8, 2020!
Cryptograph allows you to win in auction a one-of-a-kind digital asset that’s secured on the Ethereum blockchain. The proceeds support charitable causes chosen by the creators of the Cryptograph!
I First Bid On Vitalik’s Cryptograph
I bid on Vitalik’s drawing of the Quadratic Funding which is a model that incentivizes individuals to contribute amounts that signal to a government how much society as a whole values a public good, how much should be spent on it, and where that funding should be directed.
It Sold For $18,500 (77.35 ETH)!!!
The Incentive Payment Applies To All Auctions So I Won $200 (0.8ETH)!
Cryptograph INVENTED Incentivized Auctions
I won $200 (0.8 ETH) by getting outbid in the auction. You earn an incentive payment every time you get outbid! This has never been done in history. Cryptograph’s new invention will change the world. Its applications are boundless.
Imagine all creators (in music, film, art) getting their true market value through Cryptograph’s auction mechanism. True price discovery for creative work is coming. You can read their invention on their Medium page.
Join The Digital Art Movement
Go checkout their website: cryptograph.co and start bidding for charitable causes!!!