I don’t know too much about it, but it seems a new site that’s billed as a social media auction is about to launch.

LikeBids looks to be a site that allows users to win items by convincing the most people to like or share links. I’m guessing that if you’re the person who convinces the most people to like and share the newest CD released by your favorite band, you may win a copy of the CD or at least get a discount.
Is it a true auction site? I wouldn’t go as far as to say that, but I will say that the concept sounds very fascinating and I look forward to the beta launch to try it out.
