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Let The Auctions Begin

The hammer has dropped and first Premium Name "eos" has been SOLD for a whopping 50,000 EOS or $441,500 USD. For people who dont know, every 24 hours the premium name with the highest bid will be auctioned off and sold to the new forever owner and its not surprising that "eos" was the first to go. For more information on the process read our article Name Bidding and Premium Names on EOS

Who's The Lucky Winner?

The Auction ended at 2018-07-05 01:26:57 and was won by the Block Producer currently sitting at rank #4 "starteosiobp". We congratulate them on their victory and are very interested to see what they have planned with the name. Who knows, this could end up being the next .com

What's Next On The Chopping Block?

Next to go surprisingly enough is "com" which is currently sitting at 60,000 EOS or $529,800 USD!!, as I write this it has around 9 hours left, so we are expecting it so go for quite a tidy sum. Things are really heating up!

How Do I Join In?

If you wish to Bid and Track the Auctions you can head over to the tool we developed EOSToolkit.io

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Instructions

Head over to https://eostoolkit.io/bidname
Attach Identity with Scatter (see here for tutorial)
Head to the Premium Name Tab
Enter your creator name - this can be found in your scatter identity section.
Enter the name you wish to bid on
Enter the amount you wish to bid
Click “Submit Bid”

To track the Auction click the "Get Bid Prices" button which will take you to EOS Parks live tracker

What Happens to the Funds?

Lots of people in the community have been concerned over what will happen to the funds generated by the name auctions. Dan Larimer addressed this in the comment section in our article Name Bidding and Premium Names on EOS

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About US

GenerEOS is a social enterprise block producing candidate with a mission of promoting and supporting scalable and highly reliable block production whilst giving back block rewards to community projects and charities.

Based out of Sydney, Australia, GenerEOS is founded by a team of like minded blockchain enthusiasts with diverse backgrounds and a passion to make a difference in the world and fostering the spirit of generosity by giving back.

GenerEOS: Helping EOS Change the World