Bounce iPhone 15 Auction Guide: Bid & Earn With $AUCTION

Get ready for a thrilling adventure with Bounce Finance as we present the Bounce iPhone 15 Auction, featuring Apple’s latest iteration iPhone 15 Pro Max. Upon the release of iPhone 15, the final winner of this auction will receive an iPhone 15 Pro Max along with an exclusive NFT. Set to start on September 9th, 3PM UTC, this auction marks the inaugural instance where participants engage in a Mutant English auction using $AUCTION tokens. Dive into this comprehensive guide to learn about the details of this auction and how you can participate and real rewards.

Auction Details

• Auction Start Time: September 9th, 3PM UTC
• Link to Auction Page: https://app.bounce.finance/rwa/iphone15
• Auction Type: Mutant English Auction
• Bidding Currency: $AUCTION
• Auction Network: Ethereum
• Floor Price (First Bid): 10 $AUCTION
• Bid Increase Rate: 5%
• Time Limit To Place The Next Higher Bid: 24 Hours
• Auction End Time: When no higher bid is placed within 24 hours

The Bounce iPhone 15 Auction kicks off in the format of Bounce Finance’s latest innovation, Mutant English Auction. The first bid is set at 10 $AUCTION, and each subsequent bid must exceed the preceding bid by 5% — the second bid is 10.5 ETH, the third bid is 11.025 $AUCTION, and so on. You don’t necessarily need to do the calculations yourself, the Bounce protocol will show you each bid’s target price. After each bid is placed, a 24-hour countdown begins for the next higher bid. The auction ends when no higher bid emerges within 24 hours after the latest bid, making the last bidder the final winner of the auction.

• Current Bid Price (From 2nd Bid): Last Bid Price * (1 + 5%)
• Current Bidder Pays: Current Bid Price + Previous Bidder’s Gas Fee
• Refund for Current Bidder on Next Bid: Paid Bid Price + Gas Fee
• Current Bidder’s APY on Next Bid: (Current Bid Price) * 2.5%
• 5% Price Increase Distribution: 2.5% goes to the preceding bidder, the other 2.5% goes to Bounce as the auctioneer
• Final Winner (Highest Bid) Receives: An iPhone 15 Pro Max & its NFT

Each participant pays the current bid price and the preceding bidder’s gas fee. When a new bid is placed, the preceding bidder not only receives a refund including their bid amount and gas fee, but also earns rewards equivalent to 2.5% of their bid price. In other words, every participant except for the final winner earns 2.5% APY in $AUCTION within 24 hours, while the final winner receives an iPhone 15 Pro Max and its NFT.

How to participate

Check out our Mutant English Auction tutorial to learn how to participate and earn rewards in the Bounce iPhone 15 Auction.

About the iPhone 15 Pro Max

Apple Inc.’s highly anticipated new product unveiling of the year is scheduled for September 12th, featuring the introduction of iPhone 15 along with some other new additions. Leaked information suggests that Apple could present a 6.7-inch version called iPhone 15 Pro Max with 6GB of RAM, storage up to 1TB and a 4422mAh battery. The available colors could include white, black, light blue, light green and pink. The price of the iPhone 15 Pro Max is rumored to be starting from $1,299 (potentially $200 increase).

About the NFT

This exclusive Non-Fungible Token (NFT) represents the digital ownership rights to the specific iPhone 15 Pro Max featured in this auction. Serving as both a digital keepsake and a testament to your participation in this exclusive event, this NFT is your gateway to the digital realm of ownership.

Once acquired, this NFT grants you not only the exclusive right of possessing this particular device but also opens up the possibility of future transactions. In the vibrant world of digital collectibles, your NFT can be seamlessly exchanged, sold, or traded with fellow enthusiasts and collectors, allowing you to explore a dynamic marketplace of digital assets.

• Contract Address: 0x4c308FC5926029A3D91BBD002D980ebCd370ccC1
• Network: Ethereum Mainnet
• Token Type: ERC721

About Bounce Finance

Bounce Finance is a decentralized platform dedicated to meeting the evolving needs of the Web3 space. Established in 2020, Bounce Finance is proudly known for outstanding user experience and seamless integration of blockchain technology in trading both digital and tangible assets. We provide a decentralized auction protocol that empowers users to create and participate in diverse types of auctions on multiple blockchain networks. With a focus on Auction as a Service, Bounce Finance offers a wide range of products, including Token & NFT Auctions, Real-World Collectible Auctions, Ad Space Auction, and SDKs & Plug-Ins. Bounce Finance also provides Private Launchpad services, an on-chain solution designed to streamline IDOs for new projects.

Keep up to date on all the latest from Bounce Finance👇

Website | App | Docs | Telegram | Twitter | Medium | YouTube | Discord | Zealy | LinkeIn