the FungoLabs Genesis whitelist mint took place on November 5. the public auction is the next step, and I think the bidding process is worth understanding before you place an offer. here’s how it works. you choose: → how many NFTs you want. → the maximum amount of cZAMA you’re willing to pay per NFT. your bid price and quantity stay encrypted while the auction is open. other bidders won’t see your offer. when bidding closes, the highest bids secure the 2,500 public NFTs. the lowest successful bid sets the final price everyone pays. for example: you bid 15,000 cZAMA per NFT, but the final price settles at 10,000. you get the NFT and receive the extra 5,000 cZAMA back. Bid 8,000 and fall below the final price? You get no NFT, and your bid is refunded. keep two things in mind: → you cannot cancel a bid once placed. → the auction fee is not refunded. the auction closes today, November 6, at 15:30 UTC. set your limit with care, goodluck
Jude 🃟Share
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