GBM Auctions to Host Memorabilia Auction with Polkadot Creator Dr. Gavin Wood

London,
United
Kingdom,
May
6th,
2024,
Chainwire

GBM
Auction
(https://gbm.auction),
the
Bid-to-Earn
Auction
company,
is
thrilled
to
announce
a
historic
collaboration
event
with
Dr.
Gavin
Wood,
co-founder
of
Ethereum
and
the
founder
of
Polkadot
and
Kusama,
to
commemorate
the
10th
anniversary
of
the
publication
of
the
Ethereum
yellow
paper
and
the
recent
release
of
the
JAM
grey
paper.

This
event
will
feature
three
auctions
for
iconic
pieces
of
blockchain
memorabilia,
representing
pivotal
moments
in
the
world
of
blockchain
technology.
The
online
auctions,
hosted
at

https://gavinwood.gbm.auction
are
slated
to
commence
on
May
16th,
2024,
during
the
‘Decentralized
Lugano’
conference
in
Switzerland
and
will
run
for
seven
days
with
the
proceeds
from
these
auctions
supporting
the
DEC’s
Ukraine
Humanitarian
Appeal:
(https://www.dec.org.uk/appeal/ukraine-humanitarian-appeal).

This
groundbreaking
set
of
auctions
will
be
hosted
on
the
Moonbeam
blockchain,
a
parachain
on
Polkadot,
utilising
Glimmer
(GLMR),
the
native
currency
of
the
Moonbeam
chain,
for
bidding.

The
remarkable
items
to
be
auctioned
are:

An
Ethereum
yellow
paper
annotated
and
signed
by
Dr.
Gavin
Wood,
featuring
the
EIP-150
revision
version
crucially
addressing
the
aftermath
of
the
infamous
2016
DAO
hack
attack.
An
original
“Draft
1”
version
of
the
Polkadot
white
paper
annotated
and
signed
by
Dr.
Gavin
Wood,
presenting
the
vision
for
the
Polkadot
network
protocol.
A
“Draft
0.1.0
Dubai”
unreleased
version
of
the
JAM
Grey
Paper
annotated
and
signed
by
Dr.
Gavin
Wood,
of
which
only
200
copies
were
ever
made
and
gifted
to
his
inner
circle
by
Dr.
Wood
himself.
This
Grey
Paper
introduces
a
visionary
step
towards
a
more
scalable,
efficient,
and
dynamic
blockchain
network.

Each
item
represents
a
unique
piece
of
blockchain
history,
personally
annotated
and
signed
by
the
author
and
luminary
who
coined
the
universally
recognised
term
“Web
3.0”.
The
auctions
will
be
run
by
GBM
Auction,
known
for
its
innovative
Bid-to-Earn
system,
which
has
revolutionised
the
auction
experience
for
the
blockchain
space
and
seen
over
70,000
auctions
hosted
and
$6M
earned
by
bidders
to
date.
GBM
Auction’s
Bid-to-Earn
system
incentivises
participation
by
rewarding
bidders
when
they
are
outbid.
This
unique
approach
ensures
an
engaging
and
popular
auction
experience,
benefiting
both
sellers
and
bidders
alike.

Hugo
McDonaugh,
co-founder
of
GBM
Auction,
expressed
his
enthusiasm
for
this
unique
opportunity
to
celebrate
these
three
foundational
steps
in
the
journey
of
Ethereum,
Polkadot
and
blockchain
technology
with
this
historic
auction.
“The
Ethereum
yellow
paper
laid
the
groundwork
for
a
decentralised
revolution
that
has
reshaped
industries
and
empowered
millions
worldwide.
The
Polkadot
white
paper
introduced
a
vision
for
a
scalable,
interoperable
multi-blockchain
network,
and
the
JAM
grey
paper
addresses
critical
issues
that
have
challenged
previous
decentralised
systems
with
a
new
protocol
facilitating
a
more
connected
and
coordinated
ecosystem”,
said
McDonaugh.
“This
auction
is
a
tribute
to
the
pioneers
who
contributed
to
Ethereum’s
journey
and
a
celebration
of
its
enduring
legacy
ten
years
on”.

As
a
gesture
of
solidarity
and
support
for
those
in
need,
Dr.
Gavin
Wood
is
donating
the
proceeds
of
the
auction
to
the
Ukraine
Humanitarian
Appeal
of
the
Disasters
Emergency
Committee
(DEC).
The
DEC
provides
essential
assistance
such
as
food,
water,
shelter,
and
healthcare
to
families
in
Ukraine
and
refugees
in
neighbouring
countries.
Known
for
its
transparency,
the
DEC
ensures
that
funds
are
utilised
effectively
to
address
the
urgent
needs
of
those
affected
by
crises.
GBM
Auction
invites
esteemed
technology
and
blockchain
collectors
to
participate
in
this
historic
event
while
making
a
meaningful
contribution
to
humanitarian
efforts
in
Ukraine.

For
more
information
about
the
auction
and
to
find
out
how
to
participate,
please
visit

https://gavinwood.gbm.auction

About
GBM
Auction

GBM
Auction
is
the
Bid-to-Earn
Auction
company.
In
a
GBM
Auction,
there
are
only
two
outcomes,
users
either
win
the
auction
or
they
earn
an
incentive
when
they’re
outbid.
This
model
provides
the
best
environment
for
bidders
who
get
a
rewarding
and
engaging
experience
whilst
ensuring
sellers
get
the
true
market
value
for
their
assets.
GBM
Auction
has
been
active
since
2018
and
has
seen
over
70,000
auctions
completed
and
$6m
earned
by
bidders
to
date.

Contact

Head
of
Marketing
Jake
Scott
GBM
Auctions
[email protected]