# Land Auction

The CALIVERSE LAND Auction is starting!\
This is your opportunity to directly acquire LAND ownership and earn rental income in the future!\
We will guide you through the auction process and how to participate.

### What is LAND Auction?

LAND Auction is a system where pioneers can acquire LAND ownership using CALIUM. The acquired LAND will have a rental feature added in the future, allowing pioneers to earn rental income. Additionally, the LAND Auction operates in seasons, with each season running for a limited period.\
Participate in the CALIVERSE LAND Auction, acquire your desired LAND, and start generating rental income!

### Auction Bid Unit

| Highest Bid Range    | Minimum Bid Increment |
| -------------------- | --------------------- |
| 1 \~ 499 CALIUM      | 10 CALIUM             |
| 500 \~ 999 CALIUM    | 30 CALIUM             |
| 1,000 CALIUM or more | 50 CALIUM             |

### Auction Method

* The auction is conducted using CALIUM.
* The starting price of the auction varies depending on the size of the LAND.
* To participate in the auction, you must place a higher bid based on the previous bid increment.
* At the end of the auction, the pioneer with the highest bid will own the LAND.

### Blind Auction Guide

A blind auction is a bidding method in which the highest bid is not disclosed during the final 10 minutes before the auction closes.

As a result, participants cannot see the final bid amount and must place their final bids strategically.

{% hint style="info" %}

#### Features of Blind Auction

* The highest bid remains undisclosed from 10 minutes before the auction ends.
* Bidders must place their final bids without knowing the highest bid.
* The highest bidder after the auction closes wins the item.
  {% endhint %}

This is a distinctive feature compared to traditional aution methods, designed to prevent overheated bidding wars right before the auction ends, while ensuring that participants who genuinely desire and are prepared for the LAND have priority in winning the bid. 

#### Blind Auction Precautions

{% stepper %}
{% step %}

### **During the blind auction, the bid CALIUM will not be refunded.**

* During the blind auction, the CALIUM placed for bidding will not be refunded.
* The refund status will be determined after the auction concludes based on the results. 
  {% endstep %}

{% step %}

### **If the bid is not successful in the blind auction, the CALIUM placed fotr the bidding will be automatically refunded.**

* Bidders who were not successful in the auction will receive their CALIUM refunded through their mailbox after the auction ends.
* Bids cannot be canceled or refunded until the blind aution ends, so careful bidding is required. 
  {% endstep %}
  {% endstepper %}

### How to Participate

{% stepper %}
{% step %}

### Go to the LAND Auction Tab

Select the LAND you wish to participate in from the LAND Auction tab.

<figure><img src="https://3134228-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOh8NTV27E5mzxfAtD539%2Fuploads%2FbIrZMHsapGLIlOMToKm0%2Fimage.png?alt=media&#x26;token=726a6d8e-dc80-4892-9060-477261a6c56b" alt=""><figcaption></figcaption></figure>

<figure><img src="https://3134228-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOh8NTV27E5mzxfAtD539%2Fuploads%2F451WxH0xwZuqc46Xe7hd%2Fimage.png?alt=media&#x26;token=61778626-2ffb-4cb9-993d-84968b6fbe7b" alt=""><figcaption></figcaption></figure>

<figure><img src="https://3134228-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOh8NTV27E5mzxfAtD539%2Fuploads%2F7robCqWzC0nhetO2GEvr%2Fimage.png?alt=media&#x26;token=2b7aa979-6575-49f6-aeb9-b5a9b1bfb7c1" alt=""><figcaption></figcaption></figure>
{% endstep %}

{% step %}

### Place a Bid in the LAND Auction

Click the Bid button and place your bid using the CALIUM you own.

{% hint style="info" %}

* The blind auction will begin 10 minutes before the auction ends.&#x20;
* Please make sure to review and understand the related details before participating in the auction.&#x20;
  {% endhint %}

<figure><img src="https://3134228-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOh8NTV27E5mzxfAtD539%2Fuploads%2FIzy4EQHBM3D3sysDfuA8%2Fimage%20(59).png?alt=media&#x26;token=4872fb48-7fc1-4853-9b4c-ea1e35048044" alt=""><figcaption></figcaption></figure>
{% endstep %}

{% step %}

### Bid Refund System upon Renewal

If another pioneer places a higher bid, the CALIUM you used will be refunded via mailbox.

<figure><img src="https://3134228-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOh8NTV27E5mzxfAtD539%2Fuploads%2FmklqXDrV6LdoKstm2qiO%2Fimage%20(60).png?alt=media&#x26;token=863f59fc-a8d5-43da-87bc-4171335cd819" alt=""><figcaption></figcaption></figure>
{% endstep %}

{% step %}

### LAND Winning&#x20;

After the auction ends, the pioneer with the highest bid will win the LAND.

<figure><img src="https://3134228-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOh8NTV27E5mzxfAtD539%2Fuploads%2FFXRtuBmL6Y3fGqOFL7dV%2Fimage.png?alt=media&#x26;token=2a79020c-f0b2-4b7b-95d7-ea8f758558a5" alt=""><figcaption></figcaption></figure>

<figure><img src="https://3134228-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOh8NTV27E5mzxfAtD539%2Fuploads%2F5nEPTEn2Xwa9vVhVhLYx%2Fimage.png?alt=media&#x26;token=8b53abcc-a6c3-47c6-aa9c-79806c7c5f89" alt=""><figcaption></figcaption></figure>
{% endstep %}
{% endstepper %}

### Important Notes

* Once a bid is placed, it cannot be canceled, so please participate carefully.
* If a bid is renewed, the previous bid's CALIUM will be refunded individually via mailbox.
* After the auction ends, the LAND will be automatically awarded to the pioneer with the highest bid.
* The won LAND can be checked in the LAND Management tab.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://calidocu.gitbook.io/caliverse-metaverse/jp/land/land-auction.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.