GBM and Arkadia Park bring Bid-to-Earn Auctions to the Web3 theme park

Jake Scott
GBM Bid-to-Earn Auction
2 min readJun 27, 2024

We are excited to be working with the team at Arkadia Park as we bring Bid-to-Earn Auctions to their vibrant community of gamers and NFT partners.

The first set of Bid-to-Earn Auctions will be launching this Friday (28th June) at 3pm UTC via https://market.arkadiapark.com/auctions

The auctions will take place on Polygon using MATIC for bidding and will have the ‘Degen’ incentive preset meaning bidders who are outbid can earn up to 20% for participating in the auctions!

The Arkadia Park platform will also feature a secondary trading marketplace, which will enable their community to host and participate in Bid-to-Earn auctions.

You can follow Arkadia on their Twitter account where you’ll also be able to listen to our Twitter space with the team.

Arkadia Park: More than just a theme park

Arkadia is an open-world, multiplayer video game theme park created as a destination for entertainment and experiences powered by blockchain technology. Arkadia intends to undertake and support various gamified experiences for present or future NFT projects, as well as provide a deeper connection between users, real-time yield farming possibilities, and a competitive atmosphere, to emphasize these benefits.

Through enhancing the gamified metaverse’s functionality, Arkadia concentrates on current and future NFT communities. The team’s objective is to encourage web 3.0 acceptance and build a community of virtual players that enjoy blockchain games designed to on-ramp other projects within the ecosystem.

The Arkadia DAO made a proposal which was overwhelmingly voted in favour to add our Bid-to-Earn auctions to the platform, you can read details of the proposal here.

We can’t wait to see the Arkadia Park community engage with the upcoming auction event and look forward to working with the team to bring the excitement of Bid-to-Earn to their auction hall!

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Jake Scott
GBM Bid-to-Earn Auction

I've been passionate about blockchain, cryptocurrency and digital assets since 2013. Working with Web3 platforms has been a fantastic experience!