Bidding States
Understanding Your Bidding Status in the Bitinauts NFT Auction
Last updated
Understanding Your Bidding Status in the Bitinauts NFT Auction
Last updated
When participating in the Bitinauts NFT auction, your bidding status will be reflected in three distinct states. Depending on your bid amount, you will fall into one of these categories which will be highlighted in specific colors, each representing a different level of winning probability in the auction.
If you find your bidding status highlighted in Green, congratulations! You're currently one of the top 50 bidders.
This means you have a high chance of winning one of the most prestigious Bitinauts NFTs, as the rarest NFTs go to the highest bidders. However, this status can change if someone places a higher bid, so keep monitoring your position to ensure you remain within the top 50.
If your bidding status is highlighted in Yellow, you're doing well - you are among the top 500 bidders.
This means that if the auction were to end at this point, you would still receive a Bitinaut. Nonetheless, it's important to remember that your NFT will be less rare compared to those won by the top 50 bidders. The auction is dynamic, and your position might change, so make sure to stay vigilant and consider increasing your bid to secure your position.
If your bidding status is colored Red, this is a signal that you currently fall outside the top 500 bidders.
This "Keep Pushing" status means that if the auction ended now, you would not receive a Bitinaut. Don't be disheartened though, as you still have the opportunity to place a higher bid and potentially move into the top 500.
Revisit the auction, place a higher bid, and keep an eye on the auction dynamics to improve your position.
