CharityTick allows organizations run their own auctions using our trendy auction platform. Bidders purchase tokens at a price of $0.60 each. Each bid raises the price by a single penny. An item worth hundreds may end up selling for far less, but a final sale value of $35.00 equals 3500 bids at $0.60 each meaning that the charity has raised $2,100. One person has won a cheap item and everyone else has donated to charity.