Welcome to the empowr cryptocurrency coin

in #cryptocurrency3 years ago

Welcome to the empowr cryptocurrency coin

 When the auction (bidding) ends:The list of bids will be sorted by highest max bid price, to lowest.Starting at the top of that sorted list, each bidder's order is fulfilled until the available unclaimed coin supply is exhausted.The last person to win coins, sets the price for everyone above them.


This is fair because:

  • Everyone gets the same final price
  • Everyone gets an opportunity to receive bonus (free) coins
  • The final price for everyone is set by the lowest (max bid per coin) price set by the last person that got in.
  • Almost everyone will get a lower price than their max bid. (Only the last person pays exactly their max bid).

                                                          

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