This morning, just a few hours ago, Xat announced via their Twitter account, that they are developing an “auction system” to allow users to buy/sell Xat ID’s.
While we don’t have all the details we have been passed along the following information:
The ID auction system will consist of two stages
In stage one, users will be able to suggest ID’s that they’d like to buy along with their starting bid.
In stage two, those ID’s (maybe the top 5 during the course of the week) from stage one that receive the most interest will then move forward to an official auction format.
We’ll add to this post as we find out more…
Xat’s auction for ID 179M has concluded. The highest bid was placed by user “luiscleber” at 181 fruit.
Congratulations to him and to everyone took the time to participate!
Xat has concluded is auctioning off of ID 1,000,000.
Ziggy, the lucky winner who placed a final and whopping bid of 97,099 xats, will be owner to the only 1M ID on Xat.
Xat has just announced that it intends to auction off ID 1,000,000 to the highest bidder.
More details can be found on the Xat competition page.
We’ll follow up this post if we’re able to get a little more information.
Update: Xat staff has confirmed that bidders will be able to bid multiple times and that the highest bid will occasionally be updated on Xat’s official twitter feed. As of this posting the highest bid is 10,000 xats.
Update #2: As of this posting the highest bid is 35,000 xats.
Update #3: As of this posting the highest bid is 66,001 xats.
Update #4: As of this posting the highest bid is 76,001 xats.
Update #5: As of this posting the highest bid is 86,001 xats.
Update #6: As of this posting the highest bid is 97,099 xats.