Λbout Microbid.com

Microbid.com is 85% Member-owned and helps the world combine its spare pocket change to create millions of dollars in new rewards and E-Commerce/purchase potential.

Imagine 10M people combining $0.30 per day - you’d have $3M in new rewards, purchases and sales - every, single day.

And, it’s all based around one of the oldest forms of commerce in the world - Auctions, except Microbid has created a new Auction concept called "Crowd Auctions", which help members turn almost anything into a viral, digital, crowd-powered Auction where winning Bidders pay just $1 (of face value) to "buy now" - while Sellers, Brands, Businesses & Creators (providing or promoting the auctioned item, good or service) always receive 100-125% of their full asking price.

This is not Kalshi, Polymarket or even any of those old penny auction types of scams. This is pure math combined with crowd-power, Loyalty + Rewards - and good ole’ fashioned Auctions.

A FAIR SYSTEM FOR ALL

Microbid uses Bidpower, which is our form of Loyalty to determine winning bids for Auctions. It’s a fairly simple algorithm that’s similar to the Loyalty Program and systems of famous Retail and E-Commerce based brands, in addition to Airline Rewards.

It’s largely based on bidding activity, but takes several other factors into consideration - or rather, calculation too to help make things fair for all Members. For example, if you refer lots of Members who actually place bids, then it would definitely increase your Bidpower.

In some ways, Microbid may seem reminiscent of old penny auction sites from the early days of the internet - but the Microbid Platform is something totally different and 100% legal - and most importly, we only keep 15%.

The entire platform was all designed around making regular people more money, expanding their collective buying power to save them more money - all while giving Small Businesses, Brands and Services a smarter way to reach people and increase sales.

We built Microbid to be a global, equitable, digital ecosystem that helps people of all kinds truly leverage crowd-power and get paid, while increasing sales, more easily reaching new Customers and more affordably getting new exposure - all, via viral, crowd-powered Auctions.

- Imagine someone with a highly valued, collectible. What’s that worth?

- Or, someone with a valuable service to offer? What’s that really worth?

- Or, even someone with an awesome Idea, like a Dream Travel Trip - who creates an Auction Package around that idea.

We think Creators should be able to mark that up, so they’re compensated for their time putting it all together! So, not only can they post an Auction and "sell" it for $1, but they can actually "mark it up" another +25% - and get over Face Value. Call it compensation for their time, expertise or whatever.

We’ve designed features, rules and guidelines specifically so Members don’t have to waste a lot of bids. That’s not what Microbid is about. Microbid is about everybody everywhere being able to place a few bids here and there and getting the opportunity to get something potentially awesome in return.

Wouldn’t it be cool if a website existed where someone new became a millionaire every, single day? Or, where maybe you weren’t a winner, but personally knew of several or more people who were?

With Microbid, you do lose bids, but you also gain Bidpower with every bid you place that strengthens the bids you place on subsequent and future Auctions. And, the only reason you lose them in the first place is because Microbid treats them as a sort of service fee towards the facilitation of the overall services, which you will learn are vast, comprehensive and hopefully extremely beneficial and rewarding to our Members.

In addition, the more bids you do place (ie. make), the more Loyalty Stars (and digital Gold Coins) you earn, which can be redeemed for Rewards and/or Cash Outs (ie. cash payouts).

And, finally - winning Bidders don’t actually win the item, service, good, idea, package, etc. - they win the $1 offer. Learn more about How It Works

Oh yeah, almost forgot... Microbid is self-funded by a small team of seasoned US-based Tech Entrepreneurs. We don’t have millions in marketing and advertising money - or VC money, so we made sure to build in one heck of a Referral System - not only can you make literal hundreds to thousands just for referring people (tip: you get 10% of face when you refer someone who ends up being a winning Bidder), but we’ve also built in Instant Rewards that you can literally win/earn at any time - every single time you place a bid. And, finally - we built in another exclusive Members-only feature called Advance. Check it out - Advance

So, we’ve made a truly rewarding ecosystem that we think will re-define E-Commerce and the Creator Economy - giving way to the brand-new Crowd Auction Economy!

LOYALTY + REWARDS

Members earn Loyalty + Rewards for every bid they place (in the form of stars), which also determines their "Loyalty Score", which enables them to redeem rewards and also improves their chances of receiving other Instant Rewards and Prizes too.

Got a Product, Collectible, Service - or even an Idea? Turn it into a crowd-powered Auction!

CREATOR MONETIZATION

Do you just want to make money from crowd-powered Auctions? Microbid makes it easy. All you have to do is create/post creative, interesting Auctions that users would be very interested in - with the potential of going viral.

And, if one of your Auctions is won - you earn the sale price + 10 to 25% (depending what you set your "markup" at) of the Face Value (ie. "Buy Now") price of the Auction. Learn more about Monetization

MORE ABOUT MICROBID

Microbid was founded by a group of veteran, serial entreprenuers based out of the Midwest who also own and manage a long-standing, development-focused creative firm, dev11 Creative Agency (serving small to Fortune 500 Clients).

We’ve been creating web, mobile and cloud-based software + solutions for more than 20 years. And, in that time, we’ve amassed quite a large portfolio of Tech IP, as well as experience, which helped us create Microbid.

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