Post
Topic
Board Announcements (Altcoins)
Re: 【CRX】ChronosCoin ★ POS now ★ Penny Auction Site Launched ★ Dividends on chain【★】
by
Thomas080816
on 18/08/2016, 11:23:15 UTC
I really like the site idea and think it has a lot of room for popularity but right now the process feels too much like gambling. Is there any way in the future you can make an update that losing bidders from an auction are returned 50% of their credits so they can participate more in future bids? This would also invite more return users and make it a better deal on bid packages, let me know what you think and thanks, keep it up

I definitely agree with you.

We should not make this into a gambling exercise.

If we aim for more volume of auction, instead of profit margin on each auction, it would be better for the site and CRX. It would create integrity.

I feel that if we want to be competitive and stay around for a long time, we need to create a concept that facilitates and caters to its users. It might not bring a lot of profits right away, but over the course of time we can make our profits on the sheer volume of the number of auctions.

Im in this for the long run.