Lost Commonsense Auction Initiation Criteria

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Slush – Google Cloud Meeting

November 16, 2016

Hi Miko,

Thank you for taking the time to respond and providing feedback. Our interest in Social Shopping Network goes beyond whether Google+ would be useful for you. It’s far deeper than that.

We want to learn more about your business to determine whether any of our core competencies (e.g., data analytics, machine learning) as it relates to Cloud can aid you in your journey. It’s also worth exploring whether other parts of Google (e.g., YouTube, Search, Android, etc.) can be of use for you too.

Please let me know if you would be open to having a meeting.

Thank you.

Regards,

David
googlecloud

David Roldán, Jr. | Venture Capital & Startup Business Development Manager, Google Cloud Platform | davidroldan@google.com | +31 615-309-450

Commonsense Knowledge in 1971 by Dr. Martin Shubik

commonsenseknowledgeconfirmation

According to Dr. Martin Shubik the father of modern bidding-fee-auction method, “In 1971 it was commonsense knowledge, that an auction was not initiated until there was at-least 2 or more precommitted players/bidders present.”‘

For licensing opportunities contact info at socialshoppingnetwork.org

Honest, Competitive Social Shopping

Exhibia is revolutionizing the online auction industry by verifying every bidder through Facebook or Google, ensuring honest, friendly, social shopping competition. Our patented process assures that Exhibia customers always bid against real people, never against shills or bots.

Outbid by a Bot

∼ pennyauctionwatch.com

Online auction sites are chock full of great deals on great products.
But getting those deals is an exercise in frustration. Why?

Bots.

~ FTC website

Bots are a way to ensure that the price keeps going up, that the site keeps making money, and that you and other well-meaning consumers are simply throwing your money away.

Collusion

Collusion is another huge problem for auction sites. Collusion happens when users make deals arranged outside of the bidding site. So, two users could contact each other on Facebook and make an arrangement to bid on certain items, giving them a competitive advantage. They win, you lose.


via Flickr © State Library of Victoria Collections (CC BY 2.0)

Bots and collusion are huge problems for honest consumers who simply want to find a great deal in a friendly, social shopping environment.

Essentially, the deck is stacked against you.

Exhibia is different. Exhibia uses Facebook and Google to verify its users, so bots aren’t a problem.

IFrame

Our goal: to create and maintain a real-time social bidding platform for people who want to shop and enjoy friendly, honest competition.  

Emerge Americas had this to say about Exhibia:

Exhibia ensures honest, friendly competition through a two-phase system of checks and balances:

Phase One

Exhibia users sign in through Facebook or Google to ensure that they’re real, live people.

Sellers never take a loss: each item is always funded by at least two actual, interested people, guaranteeing competition through our unique software.

Phase Two

Exhibia users buy packages, then use those packages to bid on items.

Since everyone pays for their bids, bots are again excluded (robots don’t pay for bids), adding a second layer of protection against bots and shills.

Our patented system means everyone on our network is a real, honest-to-goodness person.

The Funding Phase

Exhibia utilizes a funding phase, followed by a bidding phase, and users obtain bids by funding items with the following packages:

By adding a revolutionary and patent-pending pre-funding component to an existing and broken pay-to-bid method, Exhibia adds unprecedented transparency to an industry mired in questionable practices.

In addition, we plan to donate 10 percent of our profits to PetSmart and other animal charities.
We’re in this for good.

We’re proud to say our beta launch and customer validation development is complete, and Exhibia has recently passed $10,000 in bids sold.

Other notable accomplishments:

Patent-pending process and technology

$20,000 grant from Finnish government

Interest shown from Google, Facebook, Nasdaq, Best Buy, 7-11

   

Tech.co Startup of the Year semi-finalist

Selected as a startup showcase company for eMerge Americas

Meet the Exhibia Team


Miko Lasso, CEO: Mike has more than ten years of internet research and technology experience, and spearheaded the successful launch of a multi-million dollar company.


Alex Vakhitov, Developer: Alex’s expertise lies in media planning, affiliate marketing, marketing strategies, strategic partnership development, and customer retention.

The Penny Auction Industry Calls For A Gatekeeper. Social Shopping Network ® Open Government Initiative

gatekeeper

In an Open Government Initiative SSN proposes Department of Commerce to assume joint responsibility as the gatekeeper for new bidding fee auction industry.

Social Shopping Network ®announced today that it has assumed the responsibility as the gatekeeper for the new online socially transparent bidding fee auction industry. In an open idea blog submission, SSN has suggested to Department of Commerce and Consumer Affairs to assume joint responsibility on acting as the gatekeeper for the new transparent bidding fee auction industry. SSN is asking for readers to leave comments and suggestions on the Open Government Initiative‘s website.

Social Shopping Network ® is the intellectual asset management company for the disruptive prefunded bidding fee auction patent. SSN’s Exhibia auction app revolutionizes the online auction industry by accepting bids from only Facebook or Google verified bidders. With the help of social login technology Exhibia customers can be sure they are always bidding against other real people and never against shills or bots.

An anonymous guest post published by Amanda Lee, May 30, 2015, PennyAuctionWatch.com: “The Industry Needs a Gate Keeper“. The post keeps going further: “The question is, who should be the gatekeeper? Obviously, it can’t be anyone who is bidder. In almost all cases I believe the best type of government is the government that governs lease. In this case, I believe it makes sense for the Department of Commerce and Consumer Affairs to set up a gatekeeper where all penny auctions would legally be required to grant the DCCA access to the sites data where they can personally check all transactions and information on bidders.
How likely is it that the DCCA will ever set up such a gatekeeper? Better odds of winning the lottery.”

Regardless of the doubtful comments made by the blogger on the odds of DCCA assuming responsibility as the bidding fee auction watchdog. Social Shopping Network has went ahead and suggested the idea to Department of Commerce via the Open Government Initiative website. SSN is asking for readers to leave their comments and suggestions.

So what is wrong with the status quo? “Bots” or “Shills” which are the scourge of the online 1-click auction industry are a type of “fake bidder” created by an auction house to ensure that enough customer paid bids are used before the
items are won and the bidding session is closed. Exhibia eliminates the need for these nasty digital impostors by utilizing a patented “pre-funding step” which is the same as buying bid packages towards an item of interest. Once the
pre-funding threshold is reached for that item, the bidding commences with live bidders. In addition to prefunding, Exhibia.com utilizes a 3rd party verification for every guest who must be either Facebook or Google authenticated to verify that there is no “robot” bidders. Exhibia is the world’s first and only pre-funded pay to bid online bidding service.

In his comment on the post, the PHOSITA (person having ordinary skill in the art) opposition leader Bobby James writes: “In respect to the author’s statement, “In the history of penny auctions never once has any site owner said, “My site runs shills and bots.”” That is an inaccurate statement. Miko Lasso admitted it when he ran Bidstick and he continues to admit it and cite it as one of the reasons for his ridiculous prefunded auction model.”

Yes this is true, Social Shopping Network’s founder Miko Lasso is the first penny auction executive to come clean on bots and shills. “I came clean to my customers in an open chat already in 2009, that the only way for us to fight “collusion” was by utilizing bots.” Miko Lasso continues: “If I had a time machine and I could go back to 2009 and tell myself that the solution for solving collusion issues is with prefunding. I would if I could, but the reality is that I don’t have a time machine.”

Miko Lasso
Social Shopping Network ®