madbid.com

MadBid.com was originally a gamified eCommerce and online auction platform founded in 2008 in the UK.

It operated as a "penny auction" site, allowing users to bid on brand-new products at significant discounts, averaging 80% off retail prices. At its peak, MadBid hosted over 4,000 auctions weekly and employed 22 people. The company gained recognition, receiving awards such as the Red Herring Europe Top 100 in 2012. In 2022, the MadBid brand transitioned to a digital-assets marketplace, focusing on peer-to-peer buying and selling of social media accounts and online properties. This platform facilitates transactions for various digital assets, including social media accounts from major platforms and websites. It employs a third-party escrow system to ensure secure transactions. The current marketplace serves both individuals and businesses looking to manage their online presence.