LONDON, Oct 02, 2021 (GLOBE NEWSWIRE) – SAFEPOKEMAN AUCTIONS, a decentralized penny auction marketplace, announces the pre-sale of its BEP20 Binance token, $ SPKMAN, on Binance Smart Chain with 11% of its 1 quadrillion SPKMAN tokens in circulation, to be distributed to participants. The presale opens on October 3 (1:00 p.m.) and ends on October 6 (1:00 p.m.).

The company uses its Binance BEP20 token, $ SPKMAN, to provide a penny auction market for token holders who wish to earn additional rewards by bidding on TCG products, NFTs, Rare Collectibles, memorabilia, jackpots and Safe Chest prizes, at a fraction of the RRP. Token holders will be able to exchange their earned tokens for “Auction Packages” because the first token owners who must have participated in this presale will permanently earn a 3% reward on each transaction after the presale.

With this move, SAFEPOKEMAN brings innovation to the penny auction market which currently has no record of a penny auction platform conducting its auctions on a digital blockchain network. Hence, it is considered “The Robinhood of DeFi Marketplaces”.

Holders of its token with a higher propensity to sell will not be able to fully maximize the earning opportunities available in the system as the number of tokens left to buy offers and earn more will continue to decrease. Simply put: users who buy more and sell less profit more.

This concept offers many benefits to those who will participate in the auction with their purchased $ SPKMAN tokens, including the following:

• Elimination of traditional markets with their high closing sale prices:

Participants can bid in $ 0.01 increments on auction lots and be confident that the final sale price remains considerably low, unlike what is achieved in traditional markets.

• Benefits for each participant – No “loser”:

Due to the decreasing and redistributive tokenomic aspect of the business model of the company, a user can earn tokens as a reward, as long as they have purchased $ SPKMAN, even without participating in their auctions or games.

• No reservations; all items are sold:

Due to the transparency value of the business, there are no more hidden items in stock, after an initial declaration of items available for bidding. Everything is sold.

• Application of Hyper Burn technology:

Whenever auction packages are purchased by attendees, the value is automatically burned, removing tokens from the bid and increasing the value by $ SPKMAN.

When auction packages are purchased, they are sent to the burn address, instantly removing them from the system. This triggers the hyper burn mechanism. Therefore, not only the value of $ SPKMAN increases, but simultaneously the circulation supply decreases.

• Integrated gamification model:

Each auction operates on a 24 hour timer (but sometimes lasts longer), allowing participants to display their competitive spirit while enjoying the game. The timer will automatically reset to 60 seconds each time a bid is placed in the auction. the last 60 seconds of the auction until there is a winner.

Once payment of the final sale price is made by the winner of the auction, it will be donated to charity; through partnerships with various charities that focus on helping children with terminal illnesses and less fortunate youth.

• 100% security measures against whales and robots possible
• Efficient Tokenomics Redistribution
• Redeeming earned rewards for auction packages

Details to consider

There are currently 1 quadrillion SPKMAN tokens available in circulation – approximately 10% held for LP, 24% burned, 5% as team tokens, 11% for DxSale, and 50% for community distribution. $ 80,000,000,000,000 of SPKMAN tokens are available for its presale and approximately $ 23,587,500,000,000 of SPKMAN tokens for liquidity.

The pre-sale rate is currently set at $ 320,000,000,000 SPKMAN per BNB while its PancakeSwap quote rate is $ 185,000,000,000 SPKMAN per BNB (51% of cash). The minimum contribution of each participant is 0.1 BNB while the maximum contribution is 1 BNB. Liquidity will be released on September 22, 2024 (01:00).

SAFEPOKEMAN’s modern approach to penny auctions using the $ SPKMAN BEP20 token is the most recent in the digital blockchain space. Items that will be available for bidding include: Souvenirs, TCG Products, Jackpots, Secure Chests, NFTs, among others. NFTs can generally be obtained from SuperRare, Rarible, Foundation NFT, and Opensea.io.

About SAFEPOKEMAN AUCTIONS

SAFEPOKEMAN AUCTIONS, also known as Robinhood, is a decentralized penny auction market. Designed on Binance Smart Chain using the $ SPKMAN token. The company is a registered business that is community driven and transparent in its dealings. It has a 1 quadrillion supply of its native token, with a use case built into its entire business model, aimed at improving the lives of families and lives across the globe, in multiple dimensions.

SAFEPOKEMAN AUCTIONS was developed and founded by a passionate and experienced penny auction expert, Leon Dwyer. He designed and developed the foundations on which SAFEPOKEMAN AUCTIONS, which will soon become one of the leading penny auction markets on Binance Smart Chain, was built.

Social connections

Twitter: https://twitter.com/SPKMANAuctions

Support: https://medium.com/@SPKMANAuctions

Telegram: https://t.me/SPKMANAuctions_OfficialChat

LinkedIn: https://www.linkedin.com/in/leon-dwyer-325225212/

DxSale: https://dxsale.app/app/v3/defipresale?saleID=555&chain=BSC

Media contact

Company: SAFEPOKEMAN AUCTIONS

Email: [email protected]

Website: https://www.safepokeman.com

THE SOURCE: SAFEPOKEMAN AUCTION