> For the complete documentation index, see [llms.txt](https://docs.gbm.auction/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.gbm.auction/gbm-in-action.md).

# GBM In Action

<figure><img src="/files/Gpa2hgWAIKH60IPt6gZt" alt=""><figcaption></figcaption></figure>

The **GBM Win-Win Auction** **System** isn’t just theory — it’s live, trusted, and proven at scale.

### 📊 Some of the numbers so far:

* **90,000+** auctions completed
* **$200M+** in bidding volume
* **$6M+** in incentives distributed to bidders&#x20;

### 🤝 Trusted by Leading Web3 Projects

GBM has already been adopted by **20+** top Web3 projects, including: **Aavegotchi**, **The Sandbox**,  **Song A Day**, **Unstoppable Domains**, and many more.

### 📜 Historic Moments on GBM

GBM has already powered some notable moments in crypto, including:

* [**Vitalik Buterin’s first-ever NFT**](https://www.coindesk.com/business/2020/07/14/crypto-luminaries-auction-nft-art-for-charity)
* [**Gavin Wood’s Ethereum Yellow Paper, Polkadot White Paper, and Jam Grey Paper Auction**](https://sites.google.com/gbm.auction/gavin-wood)&#x20;

### 🔍 Want to Dive Deeper?

Explore how the GBM Auction system outperforms legacy auction models in our [**empirical research study.**](https://www.scribd.com/document/699074014/GBM-auction-versus-English-auction-a-large-scale-empirical-study-E-Bessire-K-Elhadji-Tchiambou-October-2021)