Scarce City is a marketplace that uses Bitcoin technology to sell Bitcoin goods for Bitcoin.
We believe that Bitcoin’s finest goods should be sold according to the network’s properties of pseudonymous, borderless, permissionless, trust minimized, and verifiable authenticity and supply.
Scarce City Auctions
Our first major product is our Bitcoin-based Auctions which keeps auction participants accountable by collateralizing their bids through instant, anonymous, low fee Lightning and Bitcoin mainchain refundable deposits.
You can always find our upcomming, live, and past auctions on our homepage.
Here's how it works:
1. Deposit a small % of your bid as collateral
💥SATOSHI MODE💥 Login to unlock unlimited and max bids with a single deposit
2. The winning bidder pays thier final bid at auction end. If they don't, they lose their deposit(s) and the next highest bidder has a chance to pay their high bid.
3. Once all event items are paid for, deposits are refunded to the remaining participants.
HOT ZONE RULES
-Bids placed in the final 5 minutes of the auction reset the countdown to 5 minutes
-Auction can't end with a pending bid
Scarce City Marketplace
We've since expanded our core functionality of bitcoin as collateral to our fixed price marketplace. Marketplace sellers are kept accountable for delivering sold goods through a small refundable bitcoin deposit instead of giving up intrusive personal information or custody of their goods.
Our marketplace currectly supports Bitcoin-based digital tokens, such as Rare Pepes and Fake Rares and will be expanding support to other Bitcoin-based digitial and physical goods soon.
If you’re a Bitcoin creator or someone who’s just passionate about Bitcoin culture, get in touch through our contact form!
Open a Lightning channel with us