PLEASE NOTE THERE WILL BE NO AUCTION EXTENSIONS BEYOND 8PM BST.
This is a mint pass that will allow owners to mint an artwork from Cory Haber's Atmospheres, generative series of 100.
The top 10 bidders will receive a signed print of the Atmospheres output that they mint.
HOW IT WORKS
- Each mint pass can be used to redeem one artwork.
- Following the conclusion of the auction, winning bidders will have a period of 5 days to select the artworks they wish to mint.
- Any collectors who fail to redeem an artwork by the specified deadline will be assigned one that has been randomly generated by the algorithm.
RANKED AUCTION MECHANISM
- Collectors will have the opportunity to place bids over a span of several days. At the conclusion of the auction, the top 100 bids will secure the artworks.
- A rebate system will be in place at the conclusion of the auction, ensuring that every winning bidder pays the same amount as the lowest winning bid.
- If multiple bids of the same value are submitted, the bid placed earliest will be recognized as the winning one.
- If a bid is placed in the last 5 minutes, the end time will be extended up to 5 minutes.
- If a winning bidder pays an amount exceeding the lowest winning bid, the difference will be refunded to their Verse account in the currency used for payment.
TIMELINE
- Monday 15th May, 6pm BST - Mint pass auction begins
- Thursday 18th May, 6pm BST - Mint pass auction ends
- Tuesday 23rd May, 6pm BST - Minting deadline
