A One-Day Trip Was Hard

The difference between the two was that in ordinary storage unit auctions, profit and loss were personal matters and were not affected by anyone else.

Competitions were different. Everyone had to start from the same line, meaning they all had to compete with the same amount of capital.

During the competition, that money would serve as their initial startup capital.

At the end of each day's competition, contestants would be ranked according to the number of people in their group, and those near the bottom would be eliminated.

The rankings were determined by how much money they had on hand.

In other words, even if you lost money, as long as you lost less than others, you would still have a chance to advance to the next round.

However, there was one thing to clarify: once the competition began, the startup capital was issued only once.

That meant no matter how far you made it in the competition, your funds had to be accumulated from the original capital.

All results would carry over into the next round.

As for how far you could go, that depended entirely on your own ability.

"What if someone cheats? For example, what if they sell something they won at auction to an acquaintance for an inflated price?"

Ye Yuan raised his question.

Li Shiyun smiled and shook her head.

"That won't happen. During the competition, judges will appraise and quote prices for every item.

Let's use an oil painting as an example.

Say you find an oil painting in a storage unit that is worth one hundred dollars.

The competition's appraiser estimates that painting at eighty dollars.

Even if you cheat and sell that painting for two hundred dollars, the organizing committee won't recognize it.

They only recognize the prices given by the appraisers