Re:Sega sued for ‘rigged’ arcade machine
by raverbashing on Thursday July 15, 2021 @05:28AM
(#27842862)
So, what's the business model of koi auctions? I mean, ok, for the seller side it's obvious, for the buyer one, not so much.
Re:Sega sued for ‘rigged’ arcade machine
by 29athrowaway on Thursday July 15, 2021 @06:42AM
(#27843306)
Some koi patterns are culturally more desirable and rarer. The koi auction is a way for people to acquire a rare koi.
Notably pachinko parlors, gashapon, trading card games, loot boxes in video games.
https://www.serkantoto.com/2012/05/05/japan-social-games-reg...
And other than gambling, there are auctions... for the weirdest stuff... koi fish, mango, etc.
https://www.kodamakoifarm.com/shop/live-koi/auction/