Agreed, I'm actually shocked it didn't have more bids. I thought for sure it was a done deal with the amount of attention this project has received.
The 1K minimum probably didn't help. Cryptocurrencies have been in a mostly bear market for what must be months now. A new $500 minimum should allow more people to participate.
I'm okay with the new auction proposal. NSR holders won't get as much of a stake, but they also won't be diluted 12%. If I am doing my math right a NSR holder it would only need to make a somewhat modest purchase to get the same stake in B&C as the previous auction.