About G.U.N.
We are Global Unlimited Network. We have designed what we think is a totally new type of auction website due to it’s unique bidding system. Below we will explain how that works and hopefully you will give it a try. Once you do we know you wil love it because it is as entertaining as much as it is rewarding.
Our Unique Bidding Process – Explained
#1. Right up front – Our bids are not free. Yes that is right, you pay for bids. *Actually you purchase Bid Tokens and they are placed in your own Bid Wallet to be used for Bidding purposes. – I know you are thinking… I’m out – but hang on, it’s not as bad as it sounds. Some bids may be just a few cents and you could be a winner…
Let us explain how this is possible.
2. Our auctions do not have a set time limit on them. They run as long as there are bids. The more bids the better for everyone. So you will want to tell your friends to come here and bid. Each item has a secret “target” price that is preset by the auctioneer. All bids are accumulated into a bucket and add up until the total of this bucket matches or exceeds the target by $0.01. Then a timer starts shutting down the auction.
3. Now watch out – Because the real fun is about to kick off – a countdown timer kicks in alerting bidders they have limited time left to bid before the auction closes and what the highest bid currently is. (Until that point no one knows what anyone has bid!)
Remember – All Bids are taken from Bid Tokens that are purchased and kept in each bidders Bid Wallet.
Our Unique Bidding Process – Examples
One scenario – an auction item has a retail value of $35.00
The secret target is set at $45.00 (to cover the item’s value + shipping).
The following bidding takes place.
~300 people bid from $0.05 to $0.25
(Midpoint is $0.15) $0.15 * 300 = $45)
Hitting the Target triggers the Closing timer countdown to start.
The auction closes and a lucky bidder wins
with their Top Bid of $0.80 when the timer runs out.
Advertiser Scenario – A Gun-Bid “Advertiser” sponsors an auction at a “Special” deal to entice more bidders to join and bid.
It could have an unbelievably low target set on an awesome item.
Our Unique Bidding rapidly hits the Target and Triggers the Countdown Timer.
A very nice item could be won, for a very low bid!
The Secret to Winning with the Lowest Bids possible is having More People Bid.
Tell your Friends and Family to join and Bid!
Why More Bidders Matter >>
So you can see – the more Bidders we have, the better opportunity to reduce the amount the bids would need to be – INCLUDING the Winning Bids!
Join, Get others to Join… And BID!
Today!
Target = $25.00
Auction @ 100 Bidders
99 Bids at $0.25 and 1 bid at $0.26 and triggers the auction timer and when time runs out there would be a $0.26 winner.
Target = $25.00
Auction @ 250 Bidders
249 Bids at $0.10 and 1 bid at $0.11 and triggers the auction timer and when time runs out there would be a $0.11 winner.
Target = $25.00
Auction @ 500 Bidders
499 Bids at $0.05 and 1 bid at $0.06 and triggers the auction timer and when time runs out there would be a $0.06 winner.
Target = $25.00
Auction @ 1250 Bidders
1249 Bids at $0.02 and 1 bid at $0.03 and triggers the auction timer and when time runs out there would be a $0.03 winner.
Target = $25.00
Auction @ 2500 Bidders
2499 Bids at $0.01 and 1 bid at $0.02 and triggers the auction timer and when time runs out there would be a $0.02 winner.
Hypothethical auction examples for explanation purposes only.