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Boosted Auctions are a feature that amplifies your upside on selected auction lots. When a lot is boosted, your investment behaves as if it were larger than it actually is, but only when the auction generates overage. You pay your investment amount as normal. Konvi contributes the boost.
This article covers what boosts are, how they work, why we built them, and what to expect when you invest in one.
Until now, when we wanted to make a specific lot more attractive, our main lever was a discount: a reduction in the cost of investing. Discounts work, but the economics aren't ideal. A discount costs Konvi the same amount on every investment, regardless of how the auction performs. Whether the lot sells for double the estimate or doesn't sell at all, the discount has already been spent.
Boosted Auctions work differently.
Instead of reducing what you pay upfront, a boost amplifies what you stand to gain when the lot performs. You invest the same amount you would have otherwise. If the lot sells above the guaranteed bid and there's overage to share, your share is calculated as if your investment were larger. If there's no overage, the boost simply doesn't apply.
We see three advantages over the discount model:
Every auction on Konvi has two possible outcomes:
A boost only changes one thing: the size of your investment used to calculate your share of overage in outcome 1. It changes nothing else.
Here's the sequence:
You only pay €X. You can never pay more than what you actually invested. The boost is upside only.
Boosts come in two forms. The badge on the lot tells you which type is active and by how much.
Your investment is amplified by a fixed euro amount.
Example: You invest €1,000 in a lot with a +€100 boost. If there's overage, your share is calculated as if you'd invested €1,100.
Your investment is amplified by a percentage or multiplier.
Example: You invest €1,000 in a lot with a 100% boost (also shown as 2x). If there's overage, your share is calculated as if you'd invested €2,000.
A summary of the difference:
| Flat boost | Percentage boost | |
|---|---|---|
| What it adds | A fixed euro amount | A multiplier on your investment |
| How it scales with ticket size | Same boost regardless of investment size | Boost grows with investment size |
| Example shown as | +€100, +€50 | 100%, 2x, 5x |
| Best when | Smaller investments, fixed top-up feel | Larger investments, multiplier feel |
| What you pay | Your actual investment amount only | Your actual investment amount only |
Both types behave the same way under the hood. They only differ in how the amplification is calculated.
The table below walks through the same investment under different auction outcomes, with and without a boost.
Setup: You invest €1,000 in a lot. Upside share is 10%. We compare three scenarios.
| Scenario | Auction result | Without boost | With +€100 boost | With 2x boost |
|---|---|---|---|---|
| A | Lot sells, no overage | Your €1,000 returned per lot terms. No overage payout. | Same. Boost doesn't apply. | Same. Boost doesn't apply. |
| B | Lot sells, overage generated | Your share of overage calculated on €1,000 | Your share calculated on €1,100 | Your share calculated on €2,000 |
| C | Lot doesn't sell | You co-own the asset | You co-own the asset. Boost doesn't apply. | You co-own the asset. Boost doesn't apply. |
The pattern: the boost only matters in scenario B. In every other scenario, the outcome is identical to a non-boosted investment.
Boosts apply when:
Boosts do not apply when:
Which lots get boosted?
Boosts are applied selectively. Not every lot will be boosted. We use boosts where they make sense as a promotional or acquisition mechanic, and we don't apply them to every lot by default.
How long does a boost last?
Each boosted lot has its own window. The countdown is visible on the lot. Once it expires, the lot returns to standard terms for any new investments.
Can a lot be boosted more than once?
A lot can have a boost applied for a defined window. We don't stack multiple boosts on the same lot at the same time.
Are boosted lots eligible for discount codes or balance credit?
No. Boosted auctions are not eligible for discount balance or discount codes. The boost is the promotional mechanic for that lot.
Do existing investors get the boost retroactively?
No. Boosts apply forward from the moment they're announced. Investments made before the announcement are not boosted. However, top-ups made during the active boost window are boosted, since top-ups are treated as new investment.
Is there a minimum or maximum investment for a boost?
The standard minimum investment for the lot applies. The boost itself has no separate cap: it applies to your full investment amount, regardless of ticket size, within the active window.
Boost: An amplifier applied to your investment for the purpose of calculating your share of overage. Funded by Konvi, paid out only when the auction generates overage.
Boost window: The time period during which a boost is active on a specific lot. Investments made within this window are eligible for the boost.
Flat boost: A boost expressed as a fixed euro amount (e.g. +€100), added to your investment for overage calculation purposes.
Multiplier boost: A boost expressed as a multiplier (e.g. 2x, 5x). Your investment is multiplied by this figure for overage calculation purposes.
Percentage boost: A boost expressed as a percentage (e.g. 100%). Functionally identical to a multiplier boost (100% = 2x).
Guaranteed bid: The reserve price agreed with the auction house. If the lot sells above this, the difference is overage. If it sells at or below, there's no overage.
Outcome 1 / Outcome 2: The two possible results of a Konvi auction. Outcome 1 is a sale at auction. Outcome 2 is co-ownership of the asset if it doesn't sell.
Overage: The amount a lot sells for above the guaranteed bid. Investors share in overage according to the lot's upside share terms.
Upside share: The percentage of overage that investors collectively share, defined per lot.
Co-ownership: If a lot doesn't sell at auction, investors co-own the underlying asset on standard terms. Boosts do not apply to co-ownership.
Top-up: An additional investment in a lot you've already invested in. Top-ups are treated as new investment and are eligible for an active boost.
Get in touch with us at support@konvi.app and we'll get back to you as soon as we can!