Penny auction platform for charities
NOTIK careers
Charitytick is a unique online auction platform that hosts auctions for organizations.
Unlike standard charity auctions, our goal is to have organizations run their own auctions using our platform. Bidders on our platform purchase tokens at a price of $.60 each. Each bid ups the price by a single penny. An item worth hundreds may end up selling for far less, but a final sale value of $35 for an item worth $300 equals 3500 bids at $.60 each, meaning that the charity has raised $2,100.
Unlike standard charity auctions, our goal is to have organizations run their own auctions using our platform. Bidders on our platform purchase tokens at a price of $.60 each. Each bid ups the price by a single penny. An item worth hundreds may end up selling for far less, but a final sale value of $35 for an item worth $300 equals 3500 bids at $.60 each, meaning that the charity has raised $2,100.
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Zalman Notik
Founder @NOTIK
Total raised
$74K
Funded over
1 round
Latest round
Jan 2012
Movable Ink • Toronto • $190k – $247k • 3 weeks ago
Brightidea, Inc. • San Francisco • $150k – $300k • 3 weeks ago