Daily auction rules

Every eligible project can bid. There is no participant cap, invitation requirement, paid entry or token requirement. Three lots are three advertising placements.

All three lots open at 00:00 UTC. The finale begins at 17:45. Scheduled close 18:00 UTC · 60-second extensions · Absolute close 18:30 UTC.

Opening bid: 25 USDC. Minimum increase: 5 USDC. Your bid is the whole commitment. The current leader cannot raise its own bid. Each lot must be independently funded.

The next UTC day, 00:00–24:00, is the purchased window. There is no guaranteed impression count, token demand or investment return.

An accepted bid within the final minute extends to 60 seconds after inclusion, capped at 18:30. A transaction at the deadline is too late. Clicking before zero does not guarantee acceptance.

Outbid funds become pull-refund credit owned by the original payer. Reuse is explicit. The winner pays the full highest accepted amount; onchain gas is separate.

Bidding closed is not an award. The gavel follows settlement confirmation. Permanent certificates and advertising activation wait for network finality.

Payment remains reserved through delivery. Operator-attested availability allocates floor(payment × delivered seconds / 86,400) to platform proceeds and the remainder to refund credit. Missing coverage is undelivered. Strictly after the resolution deadline (placement end + 24 hours), an unresolved award is fully refundable.