ASTRO AUCTIONS

After nearly three years in development, we are delighted today to introduce our new auction platform, ASTRO™!

Astro is based on the popular silent auction model, but we’ve gone much, much further.  Indeed, in Astro, we’ve completely reimagined the online auction and built an amazing, totally new kind of auction that we think you’re going to LOVE participating in and marketing to the world.

The quickest way to understand Astro is to compare it to Pricebenders penny auctions. Unlike our penny auctions…

1. You place your bid first, and just onetime.  Simply place the highest bid you can for as many TCredits that you think will win (i.e. be the highest bid).

2. With the exception of one TCredit required for a processing fee, you can get all your bids back if you don’t win.  Yes, when you enter your bid, you’ll choose how many TCredits you want to receive back if you don’t win.  In other words, Astro Auctions are essentially risk-free!

3. There’s much more to win with Astro than just the item being auctioned!  For each auction you enter (with as little as a single bid), you’ll be entered to win twodifferent jackpots (“Rocket Box” and “Supernova.”).  You also get a free entry in our new “Pick-The-Bid” contest.  Like the Pricebenders “Pick-The-Price,” your objective is to predict what the winning bid will be.  Be the closest and you’ll automatically win 500 Rewardicals!  And that’s still not all!  For each TCredit you “tip your pilot” (the TCredits you choose not to receive back if you don’t win the auction), you’ll automatically earn at least 10 Rewardicals that you can redeem for VersaPoints, PSAs, CSAs, and more, at the Rewardical.com Exchange.  And if all that wasn’t enough, you’re guaranteed to win at least two additional “Constellation Prizes!”

4. Whenever you win an Astro Auction, there’s nothing to pay for, no checkout to go through, etc.  You already took care of everything when you placed your bid!  So when you win, we simply deliver it to you automatically!  For digital items like TCredits and CSAs, they’ll be dropped into your account instantly.  For physical items, they’ll get queued to ship to you ASAP.

5. There are no “bogeymen” in space!  That is, unlike Pricebenders penny auctions, you don’t have to worry about being “sniped,” “intimidated,” or “clobbered” by those with the ability to buy as many TCredits as they need to win whenever they want.  Rather, everyone simply places their bid before the auction begins.  And no one can increase their bid once the auction starts.  And even if you don’t wind up being the high bidder, you can get all your TCredits that you bid back (minus the one for the processing fee).

6. Winning Pricebenders penny auctions often required being actively engaged with the auction for hours at a time, watching every bid like a hawk, and bidding at exactly the right times to protect your time and TCredits investment.  With Astro, you simply go to the auctions index, place bids for the auctions you wish to participate in, and then return later to view the revealing of the winners.  Note: We’ll shoot you an email to let you know when it’s time.  Just click the link included in the email, then sit back and enjoy the flight!

7. Astro Auctions has been designed from the ground up to be fully mobile-friendly.  With nearly 2 BILLION smartphone users now worldwide, we just exploded the potential customer base for auctions (and all the commissions and overrides that go with it)!  And wait ’til you hear about our powerful new Astro Auction gateway we’ve got coming!

8. Because of the nature of penny auctions, it wasn’t feasible for us to offer a wide variety of items to bid on.  With the way Astro has been built, however, we mostly don’t have his issue anymore.  On the contrary, not only can we offer a wider variety of items, but we also hope to bring in third-party sellers in the future to offer their goods and services, too!

9. Pricebenders penny auctions utilized a small bit of “gamification,” but were, by and large, just standard auctions.  With Astro, however, we’re debuting with a free, built-in game (Pick-The-Bid), two other big Rewardicals jackpots for each auction, plus the opportunity to win a plethora of delightful other prizes (our goal is to have over 100 different prizes for each auction)!  Pricebenders penny auctions also only had ONE badge.  There are going to be numerous fun and collectable Astro badges and badge collections!  And there are many more fun touches to come.  In short, Astro Auctions are designed to feel like a game with LOTS of fun and excitement for bidders.

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