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Auction method for real-time displaying bid ranking

  • US 20050119963A1
  • Filed: 01/24/2003
  • Published: 06/02/2005
  • Est. Priority Date: 01/24/2002
  • Status: Active Grant
First Claim
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1. A real-time auction method displaying bidding rankings in real time, the auction method being based on an auction server for performing a process of an auction and wired and wireless terminals of participants participating in the auction, comprising:

  • the auction screen providing step of providing an auction screen, on which auction information is displayed, to wired and wireless terminals of participants participating in the auction;

    the ranking displaying step of displaying bidding prices on the auction screen in order of ranking in the case where the participants present the bidding prices;

    the bidding extending step of extending a bidding time if a highest bidding price is lower than a predetermined desired bidding price or a difference between a highest bidding price and a next highest bidding price is less than a predetermined difference when a first set bidding time ends, and allowing only bidders presenting the highest bidding price and the next highest bidding price to participate in the extended auction; and

    the successful bid determining step of displaying a successful bidding price and a successful bidder when a finally set bidding time ends.

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