I am running an auction. To the winner, I will send a manalink for Ṁ1000. This market resolves based on the value of the winning bid. The rules are as follows:

This market is one in a series of different types of auctions. This auction will be structured as a Dutch auction. The auction will take place over a week. I will start it by stating the starting price for the Ṁ1000. That starting price will be Ṁ1500. On every day from 10am-8pm cst, every hour the price will go down by Ṁ10, this continues until someone takes the offer. I will try and update the price every hour, but that is quite hard so I will show the time it was updated so you can easily calculate the current price. I know most likely someone will just immediately take it after it goes below Ṁ1000, but I was still curious what would happen.

After you are will to accept the price for the Ṁ1000, all you have to do to take the offer is comment “I’m placing a bid.” In the case someone misspells I will still accept it as long as it is recognizable. Once someone has accepted the offer I will give them a 10 minute period to send a manalink of the price to my Discord (DesTiny#9607). If they do not do it in that time period they will be ignored, and the auction will continue. 

When someone successfully sends me the amount to claim the Ṁ1000 auction I will post the amount to solidify it, and close the auction. Any questions or suggestions for this auction are welcome

Thanks to @yaboi69 for coming to me with the idea for these markets!

Current price: Ṁ950 (updated at 3pm)

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