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…