币界网报道:GBM Auction, a Web3 auction platform, has launched its "Auction Festival" with a total bidding volume exceeding $200 million, featuring participation from over 50 projects including OKX, Bybit, and KuCoin. The event introduces a "win-win" model where participants can earn rewards by bidding, while projects gain exposure and user engagement. GBM's unique auction mechanism, which refunds losing bidders with additional bonuses, has attracted significant interest. The festival also includes NFT auctions and collaborations with major exchanges, aiming to boost liquidity and community interaction in the Web3 space. The platform reports a 300% increase in user activity since the event's launch.