By Chris Emejuru

On January 4, 2023, SFI’s President Gery Carson made the following announcement at the SFI Forum.

I am delighted today to announce an awesome new product we call...“JOLT™.”

What is Jolt™?

Jolt is a hybrid online auction. Jolt takes the best of the original Pricebenders model and combines it with:

- A powerful and exciting new kind of auction product—Zaxxium™ (more on this in a moment)
- A friendly and low-cost bidding system
- A serious helping of popular and fun “gamification” elements, including free prizes on EVERY bid!

PLUS…lots of ways to bid and win Jolt auctions for FREE!

All told, Jolt is unlike anything that’s ever existed and we think it’s going to be BIG! After all, it’s based on the most popular elements of our original Pricebenders auctions—which was the most successful product in our history!

How Jolt works

Jolt auctions will run throughout the day and night and utilize a “countdown clock” to determine who wins. When a new auction starts, it will start with a 10-minute countdown (but later in an auction, the countdown can drop all the way down to a rousing, electrifying 10-SECOND clock, so stay alert!).

Each auction will start with a price of just one dollar…giving Jolt bidders the chance to win auction items for 99% or more off the retail price!

Each time the clock is “jolted” (i.e., reset by someone bidding), the price will increase by one cent. If at any time the clock hits zero, the last person to have jolted the clock wins the auction for the price shown. From our experience with the original Pricebenders, winners frequently won items worth hundreds of dollars for $15, $10, or even as little as $5!

Bidding is super-easy

1. Find an auction you want to participate in at the Jolt.auction homepage.
IMPORTANT: Be sure you’re logged in (use your SFI ID/password).

2. Click the “View Auction” button. You’ll now see the live auction with the countdown clock, the current price, and more.

3. When you’re ready to place a bid, simply click the “Jolt the clock” button. One Jolt will be deducted from your account and you’ll now have the current winning bid for the item being auctioned! Your name will also be displayed as the current winning bidder.

You’ll also notice there’s a cool Auction Activity panel which logs your bids, lists the prizes that you’re winning, and more.

Now just sit back and watch—while the countdown clock winds down. If no one else “jolts” the clock (i.e., places a new bid) before the clock reaches zero, YOU’VE WON! That’s it…it’s that easy!

Of course, it usually will take more than a single jolting of the clock to win an auction. You may need to jolt the clock (i.e., place an additional bid) at least a few times during an auction to outbid others and ultimately record a win. But, rest assured, Jolt is going to be generating amazing, fantastic, incredible bargains for the winners every day!

Why? Because the primary prize at Jolt auctions will be ZAXXIUM™—a VERY special, exclusive prize medium we’re also introducing today that we think you're going to LOVE!

When you win Zaxxium at a Jolt auction, you can choose to take your winnings as:

- A digital debit card, which you can spend on essentially anything you want just about anywhere in the world that accepts credit cards! WOW, right?!

OR

- A TripleClicks Gift Certificate—allowing you to buy anything sold at TripleClicks (including TCredits, PSAs, CSAs, and hundreds of other products)!

OR

- You can take your Zaxxium winnings as Bitcoin!

Plus, we're looking at even more options in the coming weeks.

And remember, because of the way Jolt auctions are designed, winners will frequently be obtaining Zaxxium for just pennies on the dollar!

For example: Let’s say you’re bidding on $100 in Zaxxium, and the auction ends at $6.37. That means you won a $100 value prize for just $6.37 + the cost (if any) of your bids! Now, THAT’S how you do it, folks!

Plus…even if you don’t win the auction item…you still win!

That’s because each time you jolt the clock, you’ll automatically and instantly earn FREE Rewardicals—as many as TWENTY Rewardicals per jolt—which you can redeem for more Jolts (i.e., free bids) or anything else on the Rewardical Redemption Menu (CSAs, Bitcoin, and much more)!

That’s not all! Just by stopping by any live Jolt auction, even if you don’t want to bid, you can win free Jolts in free flash drawings that will be going on continually during every auction! Yes, we’re planning to give away THOUSANDS of FREE Jolts, continuously, every day! Drop by, win Jolts, and then use them to win big, valuable auction items…all for FREE!

More details

To participate in a Jolt auction, you need to have at least one Jolt on hand to bid with. You can obtain Jolts from your funds of TCredits, Rewardicals or Sats (Bitcoin Satoshi). Presently the exchange rate is 3 Jolts for each TCredit, 55 Rewardicals for 1 Jolt, 481 Sats for 1 Jolt. For Sats, the exchange rate may change depending on the current price of Bitcoin.

One interesting thing about Jolt is that it comes with instantly earned and paid commissions. For instance, each time one of your referrals or CSAs (co-sponsored affiliates) jolts the clock at the auction, Bitcoin Satoshi is instantly added to your SFI Bit Bank! Referrals include both PSAs (personally-sponsored affiliates) and your PRMs (personally referred members i.e. non-SFI affiliates). This is unlike other commissions that get processed and paid after the end of the month.

Update

When a Jolt auction starts, Zing network—to which SFI belongs—members that are online may get an alert like this that slides in from the left bottom corner of their screens. Or whenever they go online, the alert for an auction in progress would appear in the same fashion.

Gery’s announcement included a promo for SFI affiliates that visit Jolt between January 5^th and 10^th, 2 free Jolts daily, plus more Jolts awarded at free random drawings. Within the period I received 15 Jolts. I am presently waiting for the right moment to jump in and put them to good use. As at the time of writing this, I have received 1,292 Sats just for my downlines that have bid at Jolt auctions. This contributed to my receiving my very first Bitcoin funds via my wallet on January 23^rd. (More on this in a coming post.)

I have so far been checking in daily to observe Jolt in action. I have seen the $25 Zaxxium card being won for as low as $2.14 and as high as $13.34. I have seen the $50 card won for between $6.12 and $26.82. And I have seen the $75 Zaxxium card won for $32.52.

With Jolt, SFI now boasts of three digital auction platforms summarized below:

• Astro. Pick from a variety of products, digital or physical. Bid with TCredits, a minimum of 1. All but 1 will be refunded if you don’t win. If you don’t win, you still get some constellation prizes.
• Pricebenders. Digital products for affiliates. Asking price in US$ starts high, then drops in cents as more people enter, each person giving a trigger or bid price. Entry costs 1 or 2 TCredits and allows you play the Zingo game to win Rewardicals. Ends when someone’s trigger price is reached, or someone hits the BUY NOW button.
• Jolt. Product is digital Zaxxium cards only. Asking price starts low at $1, increases in cents as people enter, using 1 Jolt to restart the countdown timer. Winner is last person to enter before countdown strikes zero. Affiliates whose downlines bid get instant Bitcoin Satoshi as commission, among others.