We thank our members feedback, The new Auction Lockout feature on PennyGrab has already showed some positive feedback and we appreciate the continuous emails we get from our Members. The auction lockout feature is quite simple…
Auction Lockout works like this:
Fifty consecutive bids need to be placed on the same auction and the “locked sound” and locked bid button will turn on, the user who placed the fifty (50) consecutive bids has 3 minutes to continue placing bids on the auction to win. For every fifty (50) consecutive bids placed the 3 minute countdown will be reset. If the auction has not been completed by the user who locked the auction after three minutes, the auction can be unlocked for other participants to join in the auction.
PennyGrab.com continues to innovate in 2014, we look forward to releasing our very much anticipated iOS application that is still in beta mode. We believe the entertainment auction industry is only going to thrive in the coming years ahead and we wish all our Members a Happy 2014!
CEO / President