Introducing new auction options
1. Buyer nicknames are now anonymous until the auction ends.
All bidders are now displayed as anonymous BuyerX to prevent all kinds of signaling to other buyers.
2. Reserve and “Buy Now” prices for premium Spotlight auctions can now be set to hidden and secret:
A) Hidden Reserve: Reserve price is revealed at the end of the auction. Auction winner is a top bidder whose bid exceeds or is equal to the reserve price. A cryptographic hash is shown during the auction to ensure price integrity at all times (‘reserve’ amount can’t be modified after it’s been set initially).
B) Secret "Buy Now": “Buy now” price is not shown during the auction. A bid (incl. proxy bid) exceeding or reaching the “buy now” price wins and ends the auction early. Auction final price is capped at the “Buy now” amount. A hash signature is shown during the auction to ensure price integrity at all times (‘buy now’ amount can’t be modified after it’s been set initially).
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