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Art Blocks
@artblocks
gm! 👋 We have one important change to the 30 Bokeh Wall Sculptures and more details on the ranked auction minter! Please take a read. Important change: The 30 Bokeh Wall Sculptures will only be purchasable via credit card (USD), not crypto. This is due to the difference in settlement times between payment methods. Allowing both payment methods can lead to a Shopify issue where the collection can be oversold. One collector (whom we’ve made whole) experienced this issue during the Bokeh lamp sale, and we want to ensure this does not happen with Bokeh Wall Sculptures. We are actively seeking solutions that can enable both payment methods for future releases. This DOES NOT affect the ranked auction for the 300 digital works that remain only purchasable via ETH. Please reach out to the team via Discord if you have any questions. 👇
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Art Blocks
@artblocks
On Monday, October 21st @ 12pm ET, the Bokeh digital collection’s onchain ranked auction will begin! It will last until Wednesday, October 23rd @ 12pm ET (48 hrs + a max total extension of 60 minutes). Here’s what you need to know going into the auction: • The minimum starting bid is 0.05 ETH. • If a bid is placed within the last 5 minutes of the auction, the auction will be extended to 5 minutes (maximum total = 60 minutes). • The top 300 bids will win a Bokeh digital work.All winning bidders pay the lowest winning bid price. If you bid more than that, the extra amount will be returned to the wallet you bid with. • If the auction sells out – artwork will be sent to winning bidder wallets within 72 hours (usually much, much faster), starting with the highest bid. • If the auction does not sell out – the artwork will be sent to bidder wallets within 72 hours, and the remaining artwork can be purchased at a fixed price equal to the auction’s lowest winning bid. 👇
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Art Blocks
@artblocks
• Once placed, bids cannot be cancelled. • If someone outbids you and you are no longer a qualifying winning bid, your funds will automatically be returned. • You may increase the price of your winning bid during the auction. The difference in price will be collected, and the bid’s timestamp will be reset. You can read more in depth on our Ranked Auction minter in the linked write-up below. https://www.artblocks.io/curated/articles/art-blocks-auctions-and-minters Bokeh Wall Sculptures will be available for purchase on Thursday, October 24th @ 12pm ET (24 hours after auction end). Happy bidding!
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