Shotto Online Auctions
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Shotto Online Auctions
Shotto combines online auctioning with gaming skills and traditional e-commerce. It is a new type of auction called a pay-per-bid auction, where participants pay a fee for every bid that they place on a timed auction. Each bid raises the price of the auction by a fixed amount and extends the time of the auction by a few seconds. When the time runs out on the auction, the last person to have placed a paid bid is the winner and gets to purchase the item at the auction ending price.

URL: http://www.shotto.co.za

Category: Shopping - Online Malls
Submitted: 2010-01-12
Last Upgrade: 2011-02-27
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