Real-time auctions

November 18th, 2009 by rbanks

StuffBuff: Real-Time Auctions With A Viral Twist
“…it’s looking to combine the real-time nature of sites like Twitter with traditional auction sites like eBay. […] A standard StuffBuff auction (called a ‘Live Haggle’) looks quite similar to a chat room, with a few key differences. The top of the chat window shows a ‘time left’ indicator that lets you know when the auction ends, and there’s a bidding window below the chat box where you enter how much you’re willing to pay (entering a bid is considered binding). Whenever you create an auction, you’re responsible for staying active in the chat as viewers come online and bid and ask questions (because of this auctions only last a matter of hours or minutes, as opposed to the day or week-long auctions you’ll find on eBay). And because of the public nature of the chat everything is transparent — you don’t have to worry about back channel discussions. Aside from the real-time nature of the auction, what sets StuffBuff apart from tradional auction sites is the potentially viral nature of their auctions. Any time you create an auction, you can embed it in your website to share with friends. Visitors will be able to bid on these auctions directly from your site (they’ll be able to use Facebook Connect or Twitter OAuth to sign up, though these aren’t implemented yet). Payments are done through Paypal’s payment platform.”
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TechCrunch


1 Response to “Real-time auctions”

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    mike Says

    Cool! sounds good

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