Post
Topic
Board Announcements (Altcoins)
Topic OP
20M DigitalNote (XDN) Auction, V2.0
by
Xian_XDN
on 23/06/2015, 12:18:56 UTC
Hello everyone!

I'm Xian from the DigitalNote (XDN) Foundation. Recently we have conducted an auction sale of 20M XDN in another thread: https://bitcointalk.org/index.php?topic=1092996. Unfortunately, we had to cancel all the effects of that auction due to multiple complaints we have received, which I have explained here: https://bitcointalk.org/index.php?topic=1072773.msg11683671#msg11683671

I'd like to announce the reopening of the auction on new terms. Let me outline them in a coherent manner:

1. We are auctioning off a lot of 20 million XDN. The auction starts at 9 AM UTC on Thursday, June 26th.
2. The starting price is 70 satoshi per 1 XDN, which amounts to 14 BTC for the whole lot.
3. To prevent suspicious/fraudulent attempts at price manipulation, it is mandatory for all participants to register before making their bids. To register for the auction you have to:
- Deposit 1 BTC to the Foundation's official BTC wallet: 126HUywBNBzJB68FawtnZ9aq9Y2CwXMu8J. All deposits will be returned to their owners in full, upon the end of the auction.
- PM me with a link to the transaction with your deposit and express your intention to take part in the auction.
Users don't have to register in advance: you're free to register and make bids at any time until the end of the auction. All bids that were made without registering with me will be considered invalid.
4. After the auction starts on Thursday, everyone who has registered are free to make their bids here, in this thread. The auction will last for 3.5 days until 3 PM EDT June 29th, upon which moment the lot will be transferred to the highest bidder at the time.

Thank you for your attention and let's start.