I mean, all someone has to do to run an unofficial auction is say that they'll give a number of assets to someone who gives them the most of some currency and then maybe back it by a pledge.
On Thu, Oct 18, 2018, 16:28 Kerim Aydin <ke...@u.washington.edu> wrote: > > > On Thu, 18 Oct 2018, Reuben Staley wrote: > > Create a new power-1 rule entitled 'Free Auctions' with the text: > > > > A player who is not the auctioneer of an existing Auction > > specified by this rule CAN, by announcement, initiate an auction > > with emself as the auctioneer The lots, minimum bid, and currency > > of the Auction shall be set by said player. > > This actually is more restrictive than what can be done now with the > following > proto-contract: > > 1. The auction described in this contract is run as if the auction rules > were > generally part of this contract, with [name] as the auctioneer and [lots] > as the > lots. > > 2. Anyone who bids joins the contract. The winner CAN act on behalf of > [name] > to transfer the lots to em. > > (Basically, an auction can be run "wholly unofficially", with the only > legal > construct needed being the act-on-behalf for the winner to make the > transfer > The rule adds the restriction of "not an auctioneer of an existing auction" > so is more restrictive). > > >