How to enter the RAXworld Tribute Bucket Auction

RAXworld
3 min readMay 25, 2023

A guide on how to secure an exclusive RAXworld Tribute Mystery Box!

The Auction goes live on Friday the 26th of May 6pm HKT (6am EST), for 72 hours, until Monday the 29th of May 6pm HKT (6am EST).

What is a Bucket Auction?

A bucket auction is a new way the community can get involved in the mint of a project! This enables the bidders to influence the mint price known as the Clearing Price.

Connect your wallet

To start bidding, head to tribute-auction.raxworld.io/ . Connect your wallet to the bucket auction page, using either metamask or wallet connect.

Don’t have a wallet? You can use this guide from our partner MADworld!*

Connect your wallet

Place a bid

Click ‘Place a bid’ and enter any amount in ETH above the minimum price, then confirm your transaction. A bid above the clearing price is considered a ‘Qualifying Bid’ and does not guarantee that you will win a Tribute Mystery Box. ‘Successful Bids’ are determined at the close of the auction period. If your bid is unsuccessful you will be refunded your total bid amount.

Place your bid

View your bid

At any point during the auction period, you can view your bid to see if you are above or below the clearing price. Here you can also see the current clearing price, the number of tributes your current bid qualifies for, and the estimated refund at this current clearing price.

View your qualifying bid

Raise your bid

You can raise your bid at any time during the auction period, however, once the auction closes, all bids are final. To increase your bid, input the total bid you want to raise your bid too. For example, if your current bid is 0.14, if you want to increase it to 0.25, input 0.25 and you will add 0.11 to your bid!

Raise your bid

It’s as simple as that!

Make sure to keep up to date on our socials as the auction goes live and secure your chance to win RAXworld’s exclusive Tribute Mystery Box!

Good luck,

The RAXworld Team

*Trading and using cryptocurrency comes with risk. RAXworld does not promote or endorse the use of any specific wallets. Trade at your own risk.

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