powermonday

airstack

Fan Tokens Auctions - For Beginners

If there's a fan token you want to acquire, you should place a bid higher than the clearing price. 
However, it's important to note that the clearing price is not fixed; it will increase if someone else places a higher bid. 
Therefore, it's recommended to place your bid closer to the auction's end time.

Please refer to the post below for a detailed explanation of the auction method.

Some good info on bidding here! 

Also, I highly suspect that we'll see extreme price action on the large accounts as we get closer their final minutes. 

It'll be similar to EBay price wars in those final seconds, and I'd go as far as to say the clearing price is not safe until the auction closes. We could see them double in the final minute potentially, depending if some snipers believe there are some that are undervalued.

Shhhhhhh lol, and hey, it's still a thing lmao

Sounds like good advice.
I put some initial bids down before realizing it will make more sense to wait til closer to auction end time. I think I'll get DM reminders for the auctions I already bid so that's nice, but no point in wasting time and gas fees to update bids

Yes, each account has a different number of fan tokens. Burr has around 1280, some other accounts have 35,000 so whatever number of fan tokens there are for a person/channel is how many can be won. 

You could also hold multiple fan tokens from a single person/channel too if you win in the bid!

Well... I don't understand even if I participate in the auction.

Can 20 people win the bid?