Welmory Ltd. company information, Employees & Contact Information

Welmory Limited is an operator of the all pay auctions services. Services are systematically developed. Our goal is to offer users the most interesting forms of competition for exhibited items as well as to provide the most attractive prices of items and services auctioned. The idea for the site originated from observations of standard auction sites available on the Internet. Typical Internet auctions have deviated far from the classical concept of auctions that have a very long tradition and are organized, for example, by auction houses dealing with the sales of art works. In a classic auction an item is offered at a starting price and those persons present who are participating in the auction outbid the current price by a specified amount. The auctioneer strikes a gavel three times and the item is sold for the last stated price unless someone offers a higher price before the gavel strikes the third time. The Welmory Limited Company has decided to create a website that reverts to the classical approach to auctions. The traditional auction house has been moved to a virtual space, and bidding does not require the direct presence of participants. The three strikes of the hammer was changed to a clock which measures the time to the end of the auction when no further bids are given (according to the current price - 60, 30, 15, 10 or 5 seconds).