https://domainnamewire.com/2024/06/19/would-this-incentivized-auction-model-work-in-the-domain-name-business/ 

The Domain Name Journal takes a look at our Bid-to-Earn auction model, which is available on the GBM Domains marketplace!

Try it for yourself at: https://gbm.domains/marketplace

With a Bid-to-Earn auction, there are only two outcomes, you either win the domain or you get outbid and earn an incentive. This means that everybody wins, not just the highest bidder.

As we've built the platform on @base, transactions are instantaneous and gas fees are negligible, meaning its even easier to tokenize new and existing domains or to participate in auctions!