London, United Kingdom, Might sixth, 2024, Chainwire
GBM Auction (https://gbm.auction), the Bid-to-Earn Auction firm, is thrilled to announce a historic collaboration occasion with Dr. Gavin Wood, co-founder of Ethereum and the founding father of Polkadot and Kusama, to commemorate the tenth anniversary of the publication of the Ethereum yellow paper and the current launch of the JAM gray paper.
This occasion will function three auctions for iconic items of blockchain memorabilia, representing pivotal moments on the planet of blockchain know-how. The web auctions, hosted at are slated to start on Might sixteenth, 2024, throughout the ‘Decentralized Lugano’ convention in Switzerland and can run for seven days with the proceeds from these auctions supporting the DEC’s Ukraine Humanitarian Enchantment: (https://www.dec.org.uk/appeal/ukraine-humanitarian-appeal).
This groundbreaking set of auctions might be hosted on the Moonbeam blockchain, a parachain on Polkadot, utilising Glimmer (GLMR), the native forex of the Moonbeam chain, for bidding.
The exceptional objects to be auctioned are:
- An Ethereum yellow paper annotated and signed by Dr. Gavin Wood, that includes the EIP-150 revision model crucially addressing the aftermath of the notorious 2016 DAO hack assault.
- An unique “Draft 1” model of the Polkadot white paper annotated and signed by Dr. Gavin Wood, presenting the imaginative and prescient for the Polkadot community protocol.
- A “Draft 0.1.0 Dubai” unreleased model of the JAM Gray Paper annotated and signed by Dr. Gavin Wood, of which solely 200 copies have been ever made and gifted to his inside circle by Dr. Wood himself. This Gray Paper introduces a visionary step in direction of a extra scalable, environment friendly, and dynamic blockchain community.
Every merchandise represents a novel piece of blockchain historical past, personally annotated and signed by the writer and luminary who coined the universally recognised time period “Web 3.0”. The auctions might be run by GBM Auction, recognized for its revolutionary Bid-to-Earn system, which has revolutionised the public sale expertise for the blockchain area and seen over 70,000 auctions hosted and $6M earned by bidders to date. GBM Auction’s Bid-to-Earn system incentivises participation by rewarding bidders when they’re outbid. This distinctive method ensures an attractive and well-liked public sale expertise, benefiting each sellers and bidders alike.
Hugo McDonaugh, co-founder of GBM Auction, expressed his enthusiasm for this distinctive alternative to rejoice these three foundational steps within the journey of Ethereum, Polkadot and blockchain know-how with this historic public sale. “The Ethereum yellow paper laid the groundwork for a decentralised revolution that has reshaped industries and empowered millions worldwide. The Polkadot white paper introduced a vision for a scalable, interoperable multi-blockchain network, and the JAM grey paper addresses critical issues that have challenged previous decentralised systems with a new protocol facilitating a more connected and coordinated ecosystem”, mentioned McDonaugh. “This auction is a tribute to the pioneers who contributed to Ethereum’s journey and a celebration of its enduring legacy ten years on”.
As a gesture of solidarity and help for these in want, Dr. Gavin Wood is donating the proceeds of the public sale to the Ukraine Humanitarian Enchantment of the Disasters Emergency Committee (DEC). The DEC supplies important help comparable to meals, water, shelter, and healthcare to households in Ukraine and refugees in neighbouring nations. Identified for its transparency, the DEC ensures that funds are utilised successfully to handle the pressing wants of these affected by crises. GBM Auction invitations esteemed know-how and blockchain collectors to take part on this historic occasion whereas making a significant contribution to humanitarian efforts in Ukraine.
For extra details about the public sale and to learn how to take part, please go to
About GBM Auction
GBM Auction is the Bid-to-Earn Auction firm. In a GBM Auction, there are solely two outcomes, customers both win the public sale or they earn an incentive once they’re outbid. This mannequin supplies the very best atmosphere for bidders who get a rewarding and interesting expertise while making certain sellers get the true market worth for his or her belongings. GBM Auction has been lively since 2018 and has seen over 70,000 auctions accomplished and $6m earned by bidders to date.
Contact
Head of Advertising and marketing
Jake Scott
GBM Auctions
jake@gbm.public sale
