Productivity leading into the New Era -Auction
Reserve prices and minimum bids:
Item 1. No minimum bid, minimum raise 5mil m. If price per share at the end of auction is less than highest bid on agora market, shares will first be sold into high bids and any remaining shares will go to the highest bidder on thread. Different types of shares are bid on separately, but all shares of the same type are in a bundle.
Item 2. Bidding starts at 40mil m, minimum raise 5mil m.
Item 3. Bidding starts at 25mil m, minimum raise 5mil m.
Item 4. Bidding starts at 640mil m, minimum raise 20mil m. (minimum bid is calculated from the value of raw gold embedded in the item)
Item 5. Bidding starts at 5mil m, minimum raise 1mil m. (minimum bid is calculated from the value of raw silver embedded in the item)
Important info regarding the auction:
1. Sale profits from this auction will go into adding liquidity for the new depository Gringotts.
2. Bids are given in "m" crypto kingdom markka
3. The auction finishes at 8pm UTC on Thursday 1st June, unless there is still bidding going on in which case each raised bid on any item extends the auction by 15 minutes for all items.
4. The bidding will happen here on this thread by indicating item number and bid, for example: Item 2. 75mil
My bids for the shares are in the marketplace, because I was already tracking them there.
Item 5. 5mil Opener. I might as well become lord of the rings