• About Us
  • Careers
  • Contact
No Result
View All Result
Monday, September 22, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result

GBM Launches Auction Festival with The Sandbox, Aavegotchi, Unstoppable Domains, and More

26 June 2025
in Press Releases
Reading Time: 4 mins read
107 4
Home Press Releases

London, UK, June 26th, 2025, Chainwire

GBM, the auction protocol reinventing how value is distributed onchain, has announced the launch of its inaugural Auction Festival, a multi-month celebration of auctions, rewards, and community participation.

The Festival kicks off in partnership with leading Web3 names, including The Sandbox, Aavegotchi, Unstoppable Domains, Song a Day, Vision.io, and more, all showcasing the power of GBM’s proprietary Win-Win auction model, where every bidder gets rewarded, not just the winner.

This event marks the first phase of GBM’s full protocol launch and upcoming token release. Alongside the auctions, participants can engage in quests, earn incentives, and unlock exclusive rewards, all designed to showcase GBM’s next-generation auction mechanics ahead of its full protocol launch.

A New Standard for Onchain Auctions

Traditional auctions reward only the highest bidder, leaving everyone else with nothing, despite shared exertion in their time, capital, and interest. This is a zero-sum model that creates friction, fosters sniping, and kills genuine price discovery, often leading to both sides being disenfranchised. This winner-takes-all model is broken, and GBM introduces a paradigm shift with its Win-Win model. 

With the GBM auction, outbid participants receive their full bid back along with an incentive, turning participation into a rewarding act. This flips the traditional format on its head, creating a dynamic, trustless, high-engagement environment where competition drives true market discovery, not manipulation or luck.

Already, several leading Web3 projects have embraced GBM’s Win-Win model for its transparency, flexibility, and ability to engage communities without extractive mechanics.

“We’re thrilled to join the upcoming Auction Festival and bring our Web3 domains to the GBM auction platform. This innovative Win-Win auction model makes Web3 domains more accessible and engaging for everyone — from first-time buyers to seasoned collectors.’’ – Sandy Carter, COO, Unstoppable Domains

“GBM auctions have introduced a new layer of excitement and strategy to LAND sales in The Sandbox Metaverse. Our community is more engaged than ever, bidding on prized virtual LAND near their favourite brands and celebrities. Even those who don’t win walk away rewarded, turning every bid into a fun and rewarding experience. Bidding has become thrilling, fair, and a new way to earn $SAND along the way.” – Sébastien Borget, Co-Founder & COO, The Sandbox

For GBM, The Auction Festival is a milestone in the protocol’s evolution.

“The GBM Auction Festival is our way of showing people what a modern auction should feel like – fun, fair, and built around rewarding participation. Bidders get rewarded for their role in discovering the true market value of the seller’s assets, resulting in an outcome where everybody wins.” – Hugo McDonaugh, Co-Founder & CEO, GBM

A Festival That Rewards Participation

The Auction Festival will run from late June through to early September, bringing together partner-led auctions, community quests, and protocol-wide incentives. Highlights include:

  • Live partner auctions, including but not limited to: Aavegotchi, Unstoppable Domains, The Sandbox, and Freename.
  • Participation incentives for all bidders, not just winners.
  • Community quests and tiered engagement rewards.
  • Giveaways, competitions, and community events.

The Festival is also a gateway to deeper protocol participation. Through the Festival and the GBM Community Programme, users can earn points for bidding, selling, completing quests, collecting trophies, badges, NFTs, and other rewards. These incentives ultimately lead to a share of the GBM token when it’s launched. 

To learn more about the GBM Protocol and the Auction Festival

The Auction Festival officially begins on the 30th June 2025. 

Users can: 

  • Learn more about the Festival and the GBM protocol here: https://docs.gbm.auction/ 
  • Join the community here: https://discord.gg/gbmauction 
  • Follow for updates here: https://x.com/GBMauction 

About GBM

GBM is the auction protocol redefining how value is distributed onchain. At the heart of GBM is its innovative Win-Win auction model, which rewards every participant, not just the winner. This sets a new standard for price discovery and value alignment across Web3.

To date, GBM has powered $200M+ in bidding volume and distributed over $6M in rewards to bidders, proving its model at scale.

Trusted by top Web3 ecosystems including The Sandbox, Aavegotchi, and Unstoppable Domains, GBM is the next-generation auction layer for crypto-native platforms – making auctions more transparent, engaging, and fair for everyone.

For more information, users can visit: https://web3.gbm.auction

Contact

Head of Marketing
Jake Scott
GBM Auctions
jake@gbm.auction

Don't miss out!

Subscribe To Our Newsletter

Receive top education news, lesson ideas, teaching tips and more!
Invalid email address
Give it a try. You can unsubscribe at any time.
Thanks for subscribing!
Share65Tweet41Share11
Previous Post

Trump-Affiliated Crypto Firm WLFi Set to Launch Audit and Retail-Focused App Amid Stablecoin Growth

Next Post

HTX Research Flags ‘Institutional DeFi Summer’ as Policy Shifts Unlock Growth

chainwire

chainwire

Related Posts

Press Releases

BitMine Immersion (BMNR) Announces Pricing of $365.24MM Registered Direct Offering At $70 per share

22 September 2025
Press Releases

BitMine Immersion (BMNR) Announces ETH Holdings Exceed 2% of Ethereum Network With ETH Holdings Exceeding 2.4 Million Tokens and Total Crypto and Cash Holdings of $11.4 Billion

22 September 2025
Press Releases

CryptoLists.com Recognised as “Crypto Affiliate of the Year” at SBC’s Affiliate Leaders Awards 2025

22 September 2025
Press Releases

Barunson, Studio Behind Parasite, to Launch nPLUG IP Remixing Platform on Story and Bring Flagship IP Onchain

22 September 2025

Editors Picks

Mining vs. Staking: Which Crypto Validation Method Will Shape the Future?

Mining vs. Staking: Which Crypto Validation Method Will Shape the Future?

byOlajumoke Oyaleke
15 July 2025
0

Where Are the Ethereum-Killers Now?

Where Are the Ethereum-Killers Now?

byOlayinka Sodiqand1 others
6 January 2025
0

source: investorplace.com

How to Find the Newest Cryptocurrencies Before They’re Listed

byOlayinka Sodiq
30 December 2024
0

Exploring the Role of AI in Enhancing DeFi Security

Exploring the Role of AI in Enhancing DeFi Security

byOlayinka Sodiq
1 October 2024
0

The Ultimate Guide to How NFT Royalties Work

The Ultimate Guide to How NFT Royalties Work

byAdedamola Ojedokun
17 April 2024
0

Read More

Chain of Thoughts

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

byOlu Omoyele
30 August 2025
0

...

What Happens When AI Gets a Wallet?

What Happens When AI Gets a Wallet?

byOlu Omoyele
31 July 2025
0

...

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

byOlu Omoyele
30 June 2025
0

...

Are Stablecoins Bank Deposits?

Are Stablecoins Bank Deposits?

byOlu Omoyele
31 May 2025
0

...

Markets Update

Do Tokenized Stocks Confuse Investors? Risks You Should Know

2 days ago

Can Europe’s Stablecoin Ambitions Withstand Pressure From the US and China?

3 days ago

Your Weekend Crypto Roundup | September 2025 (Week 3)

3 days ago

Crypto, Privacy, and Judicial Authority in the United States

5 days ago

Balancing Promise And Uncertainty As Crypto Enters UK Retirement Portfolios

5 days ago

India’s OECD Crypto Reporting Rules: Possible Impact on The Market

5 days ago
Read More

Events

Korea Blockchain Week 2025
Korea Blockchain Week 2025
22 Sep 25
Seoul
Blockchain Life 2025
Blockchain Life 2025
28 Oct 25

Spotlight

All about Ethereum
All about Algorand
All about Bitcoin
All about Gora

Press Releases

BitMine Immersion (BMNR) Announces Pricing of $365.24MM Registered Direct Offering At $70 per share

bychainwire
22 September 2025
0

BitMine Immersion (BMNR) Announces ETH Holdings Exceed 2% of Ethereum Network With ETH Holdings Exceeding 2.4 Million Tokens and Total Crypto and Cash Holdings of $11.4 Billion

bychainwire
22 September 2025
0

CryptoLists.com Recognised as “Crypto Affiliate of the Year” at SBC’s Affiliate Leaders Awards 2025

bychainwire
22 September 2025
0

Barunson, Studio Behind Parasite, to Launch nPLUG IP Remixing Platform on Story and Bring Flagship IP Onchain

bychainwire
22 September 2025
0

PrimeXBT Expands Crypto Futures with 101 New Coins, Delivering Best-in-Class Trading Conditions

bychainwire
22 September 2025
0

Read More

ADVERTISING

ABOUT

TEAM

CAREERS

CONTACT

TERMS & CONDITIONS

PRIVACY POLICY

© Copyright 2025 DeFi Planet

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.

Add New Playlist

No Result
View All Result
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer

© Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00