# Initial Distribution Auction (IDA)
### A Fair, Fun, and Transparent Utility Token Distribution
The **IDA (Initial Distribution Auction)** is a first-of-its-kind token launch event powered by the **GBM Win-Win auction system** — now adapted to distribute a fungible utility token.
Unlike fixed-price sales, private allocations, or bonding curve models, the GBM IDA is designed to be **fair, transparent**, and aligned with the **long-term health of the protocol**.
It’s not just a way to acquire tokens - it’s a live demonstration of the Win-Win system in action.
### 🤔 What is the GBM IDA?
* **An open-access auction** to acquire tokens
* Participation is **voluntary** - users can bid on a variety of predefined token bundles
* Built **entirely onchain** using the GBM Auction IDA system
* Governed by **transparent, predefined rules** - no randomness, no hidden mechanics
* An **innovative solution** to the many pitfalls of current token launch systems
#### 📣 The $GBM IDA is LIVE!
Experience a new way to launch a token. \
\
---
# Agent Instructions: Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.
Perform an HTTP GET request on the current page URL with the `ask` query parameter:
```
GET https://docs.gbm.auction/the-gbm-ida/initial-distribution-auction-ida.md?ask=
```
The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.
Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.