How to Bid

A sealed bid auction keeps all bids private until the auction ends. This prevents bidding wars and encourages bidders to submit their true valuation upfront. When the auction closes, all bids are revealed and the highest bidders win.

Winners are selected based on the highest bid amounts. The number of winners equals the available ownership shares for that product. For example, if a product has 50 shares, the top 50 bidders win.

If you don't win, your bid amount is automatically returned to your wallet balance. No action needed on your part—the refund happens during the settlement process.

Currently, bids cannot be modified or cancelled once placed. This ensures fairness and commitment from all participants. Make sure you're confident in your bid before submitting.

Ownership shares represent partial ownership of a design. As an owner, you receive a percentage of royalties whenever that design is resold on our platform. It's a way to invest in fashion you believe in.

After winning a bid, your product enters production. Estimated production and shipping times are shown on each product page. You'll receive tracking information once your order ships.