FOUNDING PARTNERS

First and foremost, we’re guaranteeing the first $200,000 worth of Lifetime VIPs/Initial Partner Contributions - and we’re also going to pay out 5X whatever you spend in the order of who pays first (ie. $1M total) - per our official Microbid LP Agreement - out of Auction Funds starting next Monday, May 18th.

Note: Read further down on this page to learn more about Initial Partner Contributions - they’re basically like tax-free investments for Limited Partnerships, which Microbid is. Not only are they tax free, but if we fail, you get to deduct whatever you paid as a loss on your taxes. And, we’ll be sending out official Contribution Confirmation Receipts to everyone.

The 5X payouts will be paid directly out of Auction Funds - from every single Auction that closes, every day starting next Monday, May 18th, as well as any other revenue Microbid starts generating (re: Featured Auctions, Ads, Sponsorships, etc).

Give us a few days to start getting this all under way. We hope Partners will help us promote too and we’re working on a small, empowering surprise around that.

And, once the 5X payments are made, then all Partners will start to receive regular disbursements/payouts based on your Ownership percentage. We’re going to try to come out the gates and do these weekly, but at worst monthly.

FIRST COME, FIRST PAID OUT

Secondly, your signup/payment position will also determine your rank, order and priority in all Microbid’s other current and future Partners Benefits, Services, etc. And, we’re tweaking the following page to be a real-time leaderboard showing all Partners as they sign up and pay. Founding Partners Leaderboard (WIP)

Founding Partners will also receive first access to our Microbid Legacy service, which basically re-invests any additional funds you give us (or Partner Earnings you decide to roll-over) right back into Auctions (Marketing mostly) - at a compounding rate every month - and then eventually bi-monthly.

We’ve taken a page right out of the wealthy and elite’s book and constructed a way to generate significant wealth (at a very high rate) for both our Founding Partners (who choose to use Legacy), as well as even our regular Microbid Members (who’ll receive access after Partners) - all at the same time.

Note: Compounding funds is directly dependent on what profits Microbid makes first, so priority will matter a lot in regards to which Partners funds get compounded first. Becoming a Founding Partner now also basically reserves your priority order/spot in soon telling us how much you want to put into Legacy.

LEGACY EXAMPLE

Re-investing $100 right back into Auction Marketing 2Xs per month (ie. 24 periods) and giving you +15% on that $100, Microbid can turn $100 into $2,115.77.

Actually, it’s $2,489.15 - we just keep 15% as a service fee, because flipping at a compounding rate is going to be a lot of work. You can test the numbers yourself via our Compounding Calculator.

The elite make (and have made) money/wealth over time at returns like an average of 10% per year - so they’re essentially compounding year over year. But, they’re able to invest a lot of money at that rate. Most of the working class, however, doesn’t have enough money to generate real wealth at that rate.

So, part of how we engineered and constructed Microbid was to create a way - to do it, while also providing a real and viable service that a lot of people would want, need and possibly continue using - which would ensure that there would be ongoing funds to use for compounding growth.

We basically have built in a padding/cushion/margin on top of all Auctions that guarantees Partners will have a perpetual pool of funds to use for compounding growth to earn from. Test out our Compounding Calculator

WE HAVE TO PLAY THE GAME & USE THE SAME TOOLS THEY USE

Limited Partnerships are a very popular tool of the wealthy and elites, which is a BIG reason why we structured Microbid an an LP. In fact, Microbid is more like a Co-Op or Collective than even a service at all.

For years, we felt like a platform or collective should exist that was specifically built to serve its members - and no one else did it, so we did.

IMMEDIATE EQUITY BUY BACK OFFER (IN REAL-TIME ON TUES MAY 12th)

All Partners who send their Initial Partner Contribution(s) via Zelle, Venmo, Cash App or ACH (ie. methods that help prevent fraud) will be eligible for an immediate Equity Buy Back of 5X what they spend - today. And, we’ll be posting everything to the Leaderboard we’re almost done tweaking.

HOW THE BUY BACK OFFER WILL WORK

We’ll simply use every $1 worth of Partnership Units/Interests/Shares purchased as 1 entry each. And, for the Partners who do receive immediate buy backs today, those will count for your 5X Buy Back mentioned at the top of this section.

And, we’ll be paying these out every hour via Zelle, Venmo, Cash App, Paypal, Payoneer or other payment platforms Partners suggest that are pretty easy for us to sign up for.

MICROBID GLOBAL

We’re already working with a couple of Partners (Old Clients) in a couple of parts of Europe to launch Microbid version there - and have another very talented and accomplished member of our Collective who’s very connected in Colombia - so we are about to be very aggressive with launching versions of Microbid in various countries around the world.

And, we’re very aware of how significant cultural and economic differences can cause there to be a tweak or change in how their respective versions of Microbid may look, feel, etc. so we’re ready to give our Foreign Founding Partners a lot of control. We are close to finalizing a 75-80% RevShare Split - with 75-80% going to the Foreign Partners. It would almost be like a licensing deal and they would be able to carry the brand Microbid - or if it makes sense have their own - just powered by Microbid.

GET IN TOUCH

If you’d like to know more, chat, zoom or speak with one of us (the Founding Members) please feel free to email and set up a time or text us during normal business hours (email + ph just below).

And, if you’re interested in making a larger Initial Contribution or official Investment - or are looking for more favorable terms, let us know. We just want to give out all this Equity and vest it as fast as possible, so we can get down to work - because there are people out there who need this.

America - needs something like Microbid first and foremost, but then it could probably help a lot of other people around the world too. We don’t see any reason why it couldn’t eventually (and maybe even quickly) have a global member base of 500M+. No other company or platform offers anything even remotely like this - 85% of Revenue going back to members in the form of reduced price, $1 Auctions and Rewards? Don’t hold your breath waiting for the billionaires to build it for us.

And, finally - enough reading and thinking. We need to move fast, bold, brutal and wrecklessly (to a degree) like they do. LFG.

- Ken Davis
the main, OG Founder

partners@microbid.com or (312) 857-3511 (Chicago HQ Local CST).