Heads up - Our all new Kiasu Auctions!

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Heads up - Our all new Kiasu Auctions!

Postby ChiefKiasu » Tue Apr 16, 2013 1:30 pm

We're in the final stages of completing our all new fully automated Kiasu Auctions. In fact, we will be running 3 "trial" Auctions next Monday, Wednesday and Friday just to get the community used to playing in these Auctions.

During the trial Auctions, there is no charge for bidding, and users will in fact be rewarded simply by bidding. The trial Auctions will feature KiasuPoints as prizes, so they provide a quick way for members to accumulate more KiasuPoints for the actual Auctions, which will feature lots of nice prizes such as iPad Minis, Amazon Kindles, e-dictionaries, magazine subscriptions, and other goodies.

Bidding is easy!

During the Auction, just ensure you have enough KiasuPoints to place a bid for the prize at the Current Bid Price. You must click on the "Bid" button before the bid timer count-downs to zero. When you do, you will be the bid leader, and bid timer resets to another 30 seconds and starts counting down again. If no one else outbids you during that time, you win! Otherwise, you will have to place another bid to try to secure the win.

Important notes:
1) Every bid you make costs 10 KiasuPoints, which will be removed immediately from your account if your bid is accepted. In the actual auctions, this is NOT refundable. In trial Auctions, the bid cost is refunded at the end of the Auctions.

2) Every successful bid will increment the Current Bid Price by 1KP. For your bid to be successful, you must have enough KiasuPoints in your account to cover both the Current Bid Price, and the bid cost.
Example:
If the Current Bid Price is 100KPs, you must have at least 110KPs in your account to make a successful bid. The Current Bid Price will then become 101KPs.

3) The Auction ends only when no one bids before the Bid timer expires.

More details can be found here.

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Re: Heads up - Our all new Kiasu Auctions!

Postby limlim » Tue Apr 16, 2013 3:22 pm

How to earn KS points..?

I guess I still have zero KS points.. :sad:

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Re: Heads up - Our all new Kiasu Auctions!

Postby ChiefKiasu » Tue Apr 16, 2013 3:35 pm

limlim wrote:How to earn KS points..?

I guess I still have zero KS points.. :sad:


Ehh... You should have at least 100KPs when you signed up with your account.

Read this article to find out more about how you can get more KiasuPoints. The easiest would be for you to browse our directory of services and either rate or comment on service providers that you know about there. Or post comments on articles on the Portal. That will earn you 1KP for the first comment you post for the article. There are daily limits, so you cannot get insanely "rich" simply by posting comments :)

We are busy planning Kiasu Auctions every month from April, so it is time to start getting active on the portal :). Right after the Trial Auctions, we will have an Auction right away with a truly attractive prize.

PS. limlim, we have just added a "welcome" bonus of 100KPs for you, since you never got to enjoy the bonus earlier :)

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Re: Heads up - Our all new Kiasu Auctions!

Postby JJ1111 » Tue Apr 16, 2013 3:44 pm

Very excited. But don't have alot of kiasu point. :p

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Re: Heads up - Our all new Kiasu Auctions!

Postby phtthp » Tue Apr 16, 2013 4:32 pm

Can name what are some of the things we can bid for?

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Re: Heads up - Our all new Kiasu Auctions!

Postby ChiefKiasu » Tue Apr 16, 2013 4:33 pm

JJ1111 wrote:Very excited. But don't have alot of kiasu point. :p


I'm excited too. It was quite fun when we were testing the new online auction amongst ourselves. Don't worry about not having enough kiasu points. In the Trial Auctions, you will earn 5KPs for every successful bid you make, so the more you bid, the more you earn.

Of course, in the actual Auctions, you will be spending KPs everytime you bid. So you can only earn KPs during the Trial Auctions.

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Re: Heads up - Our all new Kiasu Auctions!

Postby ChiefKiasu » Tue Apr 16, 2013 4:37 pm

phtthp wrote:Can name what are some of the things we can bid for?


For the trial Auctions, the prize will be 2000 KiasuPoints.

For the actual Auctions, KiasuParents.com will be sponsoring iPad Minis and Kindle PaperWhite e-book readers, and magazine subscriptions. We are also working with service providers to offer free courses and other products or services.

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Re: Heads up - Our all new Kiasu Auctions!

Postby limlim » Tue Apr 16, 2013 4:47 pm

ChiefKiasu wrote:
limlim wrote:How to earn KS points..?

I guess I still have zero KS points.. :sad:


Ehh... You should have at least 100KPs when you signed up with your account.

Or post comments on articles on the Portal. That will earn you 1KP for the first comment you post for the article. There are daily limits, so you cannot get insanely "rich" simply by posting comments :)


Note that this is a new bonus given to members who signed up after 17 May 2011.
100 KPs upon registration

:sad:

I got about 3k+ posts in the forum leh....

Why cannot award to forum posts too..? :sad:

how to check KPs?

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Re: Heads up - Our all new Kiasu Auctions!

Postby limlim » Tue Apr 16, 2013 4:49 pm

was there a period where reach KGM got award 1000KPs..? :evil:

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Re: Heads up - Our all new Kiasu Auctions!

Postby ChiefKiasu » Tue Apr 16, 2013 4:52 pm

limlim wrote:
Note that this is a new bonus given to members who signed up after 17 May 2011.
100 KPs upon registration

:sad:

I got about 3k+ posts in the forum leh....

Why cannot award to forum posts too..? :sad:

how to check KPs?


We just gave you a 100KPs Welcome bonus :)
We used to give it for forum posts too, until things got a little unhealthy with people simply posting to increase their post count and earn KPs. That's why we removed that scheme.

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