% Percent Auction — Win Luxury Products – Buy percentage shares to win luxury items

Summary: Percent Auction lets users buy percentage shares of a product instead of bidding. When total shares reach 100%, a wheel spins to select one winner who receives the item. This approach combines strategy, timing, and risk in a novel purchasing model.

What it does

Users purchase a percentage of a product until the total reaches 100%, triggering a wheel spin that randomly awards the item to one participant.

Who it's for

People interested in acquiring luxury products through a game-like system involving shared ownership and chance.

Why it matters

It transforms traditional buying by enabling many small contributions to compete for a high-value item through a single, randomized outcome.