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eChipIn is a raffle auction platform that provides consumers with a chance to purchase any product for $1 regardless of its value. It offers many products, including electronics, cars, fashion-related items, beauty products, home furniture, and more. Buyers are able to purchase $1 chips and use them to place bids on products posted by sellers. Using the power of social networking and sharing, each bidder has an incentive to share the product with his or her network of friends and family. As soon as the required number of chips is placed for an item, eChipIn draws a winner. eChipIn was launched in 2012.
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