Daily Auction - Revision history

Root: Replaced content with "Daily Auction has been removed from the game since Season 15."

2024-12-12T07:02:01Z

Replaced content with "Daily Auction has been removed from the game since Season 15."

← Older revision		Revision as of 07:02, 12 December 2024
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	~~<html><img width = 600, src='https://play.outlawtroopers.io/images/dailyauction_screen.png'/></html>~~		Daily Auction has been removed from the game since [[Season]] 15.

	Auction ~~resets every day at 16:00 UTC.~~

	~~There are 4 groups of auctions: one group uses [[Credits]] for bidding, while~~ the ~~other three groups each accept different~~ [[~~Holo-Tags~~]] ~~as bidding currency.~~

	~~Auction items may include, any virtual items, [[Virtual Resources]] or even NFTs~~

	~~Unsuccessful auction bids, whether in credits or tags, are automatically refunded to players at the end of each [[Daily Auction]].~~

	~~Additionally, for successful bids, any difference between your initial bid and the final bid amount will also be refunded.~~

	~~<h2>Auction Rules</h2>~~

	Vickrey auction is also known as Second-price sealed-bid auction. None of the bidders know what the other is offering. The bidder with the highest price wins, but only pays the value of the next highest bid. The most important feature of these auctions is that each bidder's winning strategy is to bid according to their true valuation of the item; this auction mechanism is thus incentive-compatible. It is also a Pareto efficient allocation mechanism.

Root at 04:19, 26 September 2024

2024-09-26T04:19:30Z

← Older revision		Revision as of 04:19, 26 September 2024
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	Auction items may include, any virtual items, [[Virtual Resources]] or even NFTs		Auction items may include, any virtual items, [[Virtual Resources]] or even NFTs

	~~The auction results are shown in [[Statistics]].~~

	Unsuccessful auction bids, whether in credits or tags, are automatically refunded to players at the end of each [[Daily Auction]].		Unsuccessful auction bids, whether in credits or tags, are automatically refunded to players at the end of each [[Daily Auction]].

Root at 08:14, 4 July 2024

2024-07-04T08:14:39Z

← Older revision		Revision as of 08:14, 4 July 2024
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	<html><img src='https://play.outlawtroopers.io/images/dailyauction_screen.png'/></html>		<html><img width = 600, src='https://play.outlawtroopers.io/images/dailyauction_screen.png'/></html>

	Auction resets every day at 16:00 UTC.		Auction resets every day at 16:00 UTC.

Root at 08:12, 4 July 2024

2024-07-04T08:12:16Z

← Older revision		Revision as of 08:12, 4 July 2024
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			<html><img src='https://play.outlawtroopers.io/images/dailyauction_screen.png'/></html>

	Auction resets every day at 16:00 UTC.		Auction resets every day at 16:00 UTC.

Root at 06:04, 23 June 2024

2024-06-23T06:04:31Z

← Older revision		Revision as of 06:04, 23 June 2024
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	The auction results are shown in [[Statistics]].		The auction results are shown in [[Statistics]].

			Unsuccessful auction bids, whether in credits or tags, are automatically refunded to players at the end of each [[Daily Auction]].

			Additionally, for successful bids, any difference between your initial bid and the final bid amount will also be refunded.

	<h2>Auction Rules</h2>		<h2>Auction Rules</h2>

	Vickrey auction is also known as Second-price sealed-bid auction. None of the bidders know what the other is offering. The bidder with the highest price wins, but only pays the value of the next highest bid. The most important feature of these auctions is that each bidder's winning strategy is to bid according to their true valuation of the item; this auction mechanism is thus incentive-compatible. It is also a Pareto efficient allocation mechanism.		Vickrey auction is also known as Second-price sealed-bid auction. None of the bidders know what the other is offering. The bidder with the highest price wins, but only pays the value of the next highest bid. The most important feature of these auctions is that each bidder's winning strategy is to bid according to their true valuation of the item; this auction mechanism is thus incentive-compatible. It is also a Pareto efficient allocation mechanism.

Root at 05:52, 23 June 2024

2024-06-23T05:52:54Z

← Older revision		Revision as of 05:52, 23 June 2024
Line 4:		Line 4:

	Auction items may include, any virtual items, [[Virtual Resources]] or even NFTs		Auction items may include, any virtual items, [[Virtual Resources]] or even NFTs

			The auction results are shown in [[Statistics]].

	<h2>Auction Rules</h2>		<h2>Auction Rules</h2>

	Vickrey auction is also known as Second-price sealed-bid auction. None of the bidders know what the other is offering. The bidder with the highest price wins, but only pays the value of the next highest bid. The most important feature of these auctions is that each bidder's winning strategy is to bid according to their true valuation of the item; this auction mechanism is thus incentive-compatible. It is also a Pareto efficient allocation mechanism.		Vickrey auction is also known as Second-price sealed-bid auction. None of the bidders know what the other is offering. The bidder with the highest price wins, but only pays the value of the next highest bid. The most important feature of these auctions is that each bidder's winning strategy is to bid according to their true valuation of the item; this auction mechanism is thus incentive-compatible. It is also a Pareto efficient allocation mechanism.

Root at 03:18, 23 June 2024

2024-06-23T03:18:42Z

← Older revision		Revision as of 03:18, 23 June 2024
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	Auction resets every day at 16:00 UTC.		Auction resets every day at 16:00 UTC.

	There are ~~3 group~~ of auctions, each ~~accepting~~ different [[Holo-Tags]] as bidding currency.		There are 4 groups of auctions: one group uses [[Credits]] for bidding, while the other three groups each accept different [[Holo-Tags]] as bidding currency.

	Auction items may include, any virtual items, ~~virtual currencies, resources, eFGL token,~~ or even NFTs		Auction items may include, any virtual items, [[Virtual Resources]] or even NFTs

	<h2>Auction Rules</h2>		<h2>Auction Rules</h2>

	Vickrey auction is also known as Second-price sealed-bid auction. None of the bidders know what the other is offering. The bidder with the highest price wins, but only pays the value of the next highest bid. The most important feature of these auctions is that each bidder's winning strategy is to bid according to their true valuation of the item; this auction mechanism is thus incentive-compatible. It is also a Pareto efficient allocation mechanism.		Vickrey auction is also known as Second-price sealed-bid auction. None of the bidders know what the other is offering. The bidder with the highest price wins, but only pays the value of the next highest bid. The most important feature of these auctions is that each bidder's winning strategy is to bid according to their true valuation of the item; this auction mechanism is thus incentive-compatible. It is also a Pareto efficient allocation mechanism.

Root at 16:54, 22 June 2024

2024-06-22T16:54:23Z

← Older revision		Revision as of 16:54, 22 June 2024
Line 3:		Line 3:
	There are 3 group of auctions, each accepting different [[Holo-Tags]] as bidding currency.		There are 3 group of auctions, each accepting different [[Holo-Tags]] as bidding currency.

	Auction items may include, any virtual items, virtual currencies, resources, eFGL token, or even NFTs ~~(from the mini-boss prize pool)~~		Auction items may include, any virtual items, virtual currencies, resources, eFGL token, or even NFTs

	<h2>Auction Rules</h2>		<h2>Auction Rules</h2>

	Vickrey auction is also known as Second-price sealed-bid auction. None of the bidders know what the other is offering. The bidder with the highest price wins, but only pays the value of the next highest bid. The most important feature of these auctions is that each bidder's winning strategy is to bid according to their true valuation of the item; this auction mechanism is thus incentive-compatible. It is also a Pareto efficient allocation mechanism.		Vickrey auction is also known as Second-price sealed-bid auction. None of the bidders know what the other is offering. The bidder with the highest price wins, but only pays the value of the next highest bid. The most important feature of these auctions is that each bidder's winning strategy is to bid according to their true valuation of the item; this auction mechanism is thus incentive-compatible. It is also a Pareto efficient allocation mechanism.

Root: Created page with "Auction resets every day at 16:00 UTC. There are 3 group of auctions, each accepting different Holo-Tags as bidding currency. Auction items may include, any virtual items, virtual currencies, resources, eFGL token, or even NFTs (from the mini-boss prize pool)

Auction Rules

Vickrey auction is also known as Second-price sealed-bid auction. None of the bidders know what the other is offering. The bidder with the highest price wins, but only pays the value o..."

2023-07-23T10:56:45Z

Created page with "Auction resets every day at 16:00 UTC. There are 3 group of auctions, each accepting different Holo-Tags as bidding currency. Auction items may include, any virtual items, virtual currencies, resources, eFGL token, or even NFTs (from the mini-boss prize pool) <h2>Auction Rules</h2> Vickrey auction is also known as Second-price sealed-bid auction. None of the bidders know what the other is offering. The bidder with the highest price wins, but only pays the value o..."

New page

Auction resets every day at 16:00 UTC.

There are 3 group of auctions, each accepting different [[Holo-Tags]] as bidding currency.

Auction items may include, any virtual items, virtual currencies, resources, eFGL token, or even NFTs (from the mini-boss prize pool)

<h2>Auction Rules</h2>

Vickrey auction is also known as Second-price sealed-bid auction. None of the bidders know what the other is offering. The bidder with the highest price wins, but only pays the value of the next highest bid. The most important feature of these auctions is that each bidder's winning strategy is to bid according to their true valuation of the item; this auction mechanism is thus incentive-compatible. It is also a Pareto efficient allocation mechanism.