Post
Topic
Board Tokens (Altcoins)
Re: [ANN][MANA]Decentraland Tokenized VIrtual Reality with Open Standards
by
Call_Me_Bambi
on 26/12/2017, 14:01:11 UTC
I think the auction is extended by 24 hours after each new bid on land so the auction should end when the land has no more bids.
I'm not 100% sure on this but it's how I understood it.  Wink

From the FAQ.

The auction will run for at least seven days, until 10PM GMT on Friday, December 22. The auction will end when all parcels have been auctioned. When a parcel receives a new bid, the deadline for that parcel gets extended by 30 hours.   Given that the minimum increase for bids is 25%, we expect that the auction won't last for more than a few more days.

Auction Expected End Time In 29 hours and 59 minutes.

^^^ Looks like someone just bid again. Now 4 days past expected deadline, this could go on for quite some time if every bid inceases auction time by 30 hours.