The GBM Auction Festival

A GBM Celebration!

In the lead-up to the Initial Distribution Auction (IDA) and the official launch of the GBM Protocol, we’re hosting the GBM Auction Festival - a curated series of live auctions in collaboration with our partners.

🎯 Why Participate?

• 📦 Eligibility for the Auction Festival Airdrop Earn XP by participating in auctions and completing quests during the Auction Festival to earn your share of the $GBM Airdrop

• 🏅 Chance to Earn a GBM Festival Badge (NFT) A soulbound, non-transferable badge that boosts your bidding incentives FOREVER when using the GBM Protocol

Start earning XP and track your progress via our dashboard: https://points.gbm.auction

🧮 How to Earn XP During the Festival

• Bidding Earn XP based on the USD value of your bid 1 USD = 10 XP

• Winning When you win an auction, you earn a bonus 10,000 XP

• Selling If you successfully sell an asset in an auction, you earn a bonus 5,000 XP (cancelling an auction or receiving no bids = no XP)

• Questing Complete quests on Zealy to earn XP for social activity

• Referrals Refer your friends to earn additional XP, you'll also earn a share of what your referral earns!

Track your current XP using our Points Dashboard

🎁 How the Festival Airdrop Distribution Works

At the end of the Festival:

• Your total XP will be compared against the total earned by all participants

• Your airdrop portion will be calculated pro rata based on your share of the overall XP pool

• Anyone who has attempted to abuse the system will be penalised, and may have their XP reduced

The more you participate, the larger your share of the Airdrop.