Build real-time auction platforms with PubNub bidding and countdowns
Agent Success
Agent success rate when using this tile
100%
Improvement
Agent success rate improvement when using this tile compared to baseline
1.18x
Baseline
Agent success rate without this tile
85%
Your PubNub auction platform needs two pricing features:
Scaled bid steps: At low price points, small bid increases are acceptable. But as the price rises into the thousands, allowing $1 increases wastes everyone's time. The platform needs price-dependent rules that scale appropriately from low-value to high-value items.
Seller protection: Sellers want to set a minimum acceptable sale price. This price must remain confidential -- bidders should only know whether the threshold has been reached, not what the threshold is. The auction end logic must also account for whether this threshold was met.
Implement the server-side logic for both features. For bid steps, create a function that determines the appropriate minimum increase based on the current price and integrate it into bid validation. For seller protection, implement the storage, checking, notification, and end-of-auction handling for the confidential minimum price.