Auctions

The CBL Auction House is a separate Discord server to the main CBL server, where you are able to participate in auctions on cards, typically owned by other users of the community.

## How do auctions run?

A channel will be created with a title containing the end-time and end-date, along with the database celeb and card type of the auction. At the top of this channel the card or cards will be shown, and any information about the auction will be presented.

You bid by commenting in the channel.

### Rules for bidding

#### Minimum bids

There is a minimum bid of 10 tokens, and you can only bid in minimum increments of 10 tokens.

#### End time

The end time of an auction counts up until the minute past the time. So an auction ending at 18:00 UTC can be bid on until 18:00:59. This is on the auctioneers clock - their timings/clock are/is law, do not question them.

#### Overtime bidding

Bids up to 2 minutes before the closing of an auction are considered active. If a bidder comes in the last minute in an attempt to snipe, the active bidders have two minutes after the close of the auction to re-engage with the auction. If the last high bid is longer than this time frame from the end of the auction, only the highest bidder before the sniper is still active. Active bidders can go into overtime and bid against each other until all but one have given up. If a minute passes with no-one bidding in this overtime, the highest bidder wins.

#### Gold coins allowed

Some auctions can allow GC to be bid, as well as tokens. This will be clearly stated for these auctions, with an equivalent amount of tokens per GC. If you bid with GC, make sure to also state the equivalent token amount.

If you are in the over-time of an auction, feel free to just write the total equivalent amount of tokens that you are bidding, instead of the separate tokens and GC. Then you don't have to do math on the fly, but remember to state how many tokens and GC you win with if you do so!

EXP is not allowed as a currency in the Auction House, for now.

### Some examples

Let's make the rules simple to understand, with a few examples, shall we?

##### Example 1

An auction is posted to end at 18:00 UTC:

* User 1 bids at 17:57.
* Users 2, 3, and 4 bid between 17:58-18:00 (yes, up to 18:00:59).
* User 5 bids on 18:01.

User 5's bid will be deleted because they were past the end time. Only users 2/3/4 will be able to keep bidding after 18:01 has hit the auctioneers clock, as soon as a minute has passed with no new bid, we'll have our winner.

##### Example 2

Another example, with less active bidding going on at the end: An auction is posted to end at 18:00 UTC.

* User 1 bids at 17:05.
* User 2 bids at 18:00:59, sniping the auction right at the end.

User 1 is allowed to counter-bid between then and 18:02:59, but no one else is allowed. User 1 and 2 can then keep bidding, and again, as soon as a minute has passed with no new bid, we'll have our winner.

## How can I auction off one of my own cards?

In order to auction off your own card, you need the help of an auctioneer. You can ask in the general channel for who is active at the time, and then you can set up the auction with them in DMs.

This is the info that they will need, to set up your auction:

* What you want to auction: Ideally you give the auctioneer both the URL of the card, and the name of the celeb for them to easily copy over.
* Whether you want a reserve on the card: This will cost you 1 GC per 1000 tokens reserve if the auction *doesn't* get to the reserve amount, but you get to keep the card - instead of being forced to sell at a value you didn't want to sell at. Reserves can only be set at whole 1000 tokens.
* Whether you want to accept GC or only tokens (and if you want to go with the standard rate of 1 GC = 100 tokens).
* When you would like the auction to end (or we can just go to the next day at a reasonable time, typically with about a 24 hour run-time).

You can also auction off prizes if you want. We have also sometimes had auctions of sets of cards.