Bitcoin Penny Auction
GBBG Bitcoin Fund enters initial draft agreement for placement with upcoming bitcoin ‘penny auction’ site. The fund will place bitcoin capital into the upcoming site in exchange for repayment of capital with interest along with long-term revenue share arrangement. As many know,penny auction sites can generate substantial traffic and revenue potential. This particular penny auction will be unique due to some important variables:
- They will ONLY accept bitcoins for all purchases
- Members (users) can buy/sell goods,services and even bitcoins
- Global access (not limited to USA or a few countries as most penny auctions)