EarthNodeUpdate

EarthNode Auction – Final Weekly Update

The EarthNode auction has officially ended, with the last few EarthNodes receiving winning bids during the past week.

The bidding window for each of the final auctions was increased to allow more time for token holders to bid on the remaining EarthNodes.

Bidding on the last available EarthNodes was fierce, with the last week of the EarthNode Auction seeing record-breaking average and highest winning bid amounts.

Below are the highlights from the final week of the EarthNode Auction:

  • 4 EarthNodes received winning bids totaling 245,910 WMT this week.
  • The highest winning bid for an EarthNode this week was 90,210 WMT.
  • The average winning bid in the EarthNode Auction this week was 61,478 WMT.

Overall Statistics

Check out the overall statistics from the EarthNode Auction, which ran from 1st June to 5th August 2022:

  • 82 EarthNodes were auctioned overall, with winning bids totalling 2,970,600 WMT.
  • The final auction saw the highest winning bid for an EarthNode at 90,210 WMT.
  • Across the entire EarthNode Auction period, the average winning bid for an EarthNode was 36,227 WMT.

The figures above reflect the bid amounts and do not include the 100,000 WMT delegated stake needed to reserve each EarthNode.

Bidding in the EarthNode Auction

The EarthNode Auction gives everyone the opportunity to reserve their place at the core of the World Mobile Token ecosystem by bidding to reserve an EarthNode.

EarthNodes are the heartbeat of the unstoppable World Mobile network, powering the blockchain-based infrastructure by processing transactions and securing the World Mobile Chain’s immutable distributed ledger.

Bidding in the EarthNode Auction was done entirely through the Vault. To bid in an auction, you will need to hold 100,000 WMT as a pledge amount in addition to the amount you bid for an EarthNode.

Click here for a step-by-step guide on how to bid in the EarthNode Auction.

Previous EarthNode Auction updates

Weekly Update – 31st July 2022

  • 6 EarthNodes received winning bids totaling 268,217 WMT.
  • The highest winning bid for an EarthNode was 48,000 WMT.
  • The average winning bid in the EarthNode Auction was 44,703 WMT.

Weekly Update – 24th July 2022

  • 10 EarthNodes received winning bids totaling 326,191 WMT.
  • The highest winning bid for an EarthNode was 42,000 WMT.
  • The average winning bid for an EarthNode was 32,619 WMT.

Weekly Update – 17th July 2022

  • 10 EarthNodes received winning bids totalling 298,507 WMT this week.
  • The highest winning bid for an EarthNode this week was 34,250 WMT.
  • The average winning bid in the EarthNode Auction this week was 29,850 WMT.

Weekly Update – 10th July 2022

  • 10 EarthNodes received winning bids totalling 309,049 WMT this week.
  • The highest winning bid for an EarthNode this week was 36,500 WMT.
  • The average winning bid in the EarthNode Auction this week was 30,904 WMT.

Weekly Update – 3rd July 2022

  • 10 EarthNodes received winning bids totalling 330,741 WMT.
  • The highest winning bid for an EarthNode was 40,000 WMT.
  • The average winning bid for an EarthNode was 33,074 WMT.

Weekly Update – 26th June 2022

  • 10 EarthNodes received winning bids totalling 397,402 WMT.
  • The highest winning bid for an EarthNode was 42,700 WMT.
  • The average winning bid for an EarthNode was 39,740 WMT.