Lance! Lance!

With Lance! Throw! you earn money by managing and participating in reverse auctions, the famous LOWEST SINGLE BID, which includes participants who send the lowest single bid.

managing

To start making money creating auctions, it is necessary to understand that all participants can create only 1 auction per day, and all auctions will have an established deadline of 7 days ending the competition at 23:59:59 on the seventh day.

At the end of the auction, the system will check if the auction has reached the target of sent bids, which is stipulated by the Lance! Throw! in creating the auction. If this goal is reached (100% progress), Lance! Throw! will contemplate the participants who classify in the first 5 positions, being able to be one or more participants.

If the goal is reached, the Auction Creator will receive the full amount of the prize (100%) and the participants classified up to the top 5 positions will receive the prize divided into parts according to their positions, being 30%, 25%, 20% , 15% and 10%.

Participating

To earn money by participating, just choose the auctions you want to participate available on the screen and start sending bids, at the end of the auction the general score will be displayed with all the unique bids that will remain in the competition, contemplating the first 5 positions dividing the value of the prize into parts according to their positions, being 30%, 25%, 20%, 15% and 10%.

For the prize to be contemplated, the auction must receive the number of bids established by the platform reaching the target (100% progress). If this does not happen, the auction is annulled, not allowing the contemplation of the prizes.

Classification

The classification of the lowest unique bid is done automatically according to the bids sent by the participants, the system ignores the repeated bids and ranks the non-repeated bids from lowest to highest, classifying them in the overall scoreboard. Check out the example below how the competition works.

Example 1:

In a certain auction, Maria, João and Pedro submitted the following bids, Maria R$0.01, João R$0.02 and Pedro R$0.03. Following this example, if the auction ended with these bids, the overall score would have the following positions Maria in 1st Position, João in 2nd Position and Pedro in 3rd Position. Because all bids are unique.

Example 2:

In a certain auction, Maria, João and Pedro submitted the following bids, Maria R$0.01, João R$0.01 and Pedro R$0.03. Following this example, if the auction ended with these bids, we would only have Pedro in the 1st position on the overall scoreboard, as Maria and João sent the lowest bids, but not the only one that annuls the bids.

Now that you've seen the example above, it's very easy to win, participate in several auctions by sending multiple bids and creating your own strategies, such as sending sequential bids, for example: R$ 0.01, R$ 0.02, R$ 0.03... . etc.

We wish everyone good luck!