Bounce operates as a Web3 Marketplace Protocol and auction platform. It facilitates the creation of a variety of marketplaces such as direct purchase and sales, managing contracts for bespoke work, as well as different types of token auctions.

The Bounce protocol is multi-chain compatible and allows users to create and host their token auction across a variety of blockchains.

AUCTION is the ecosystem’s native cryptocurrency and has a total supply of 10,000,000. Previously, the native token was BOT, but there has since been a token migration. A swap ratio of 1:100 between BOT and AUCTION is in place for users to swap their tokens.

What are Bounce’s key features and how does it work?

The Bounce ecosystem consists of a range of tools and products which developers and teams can use to create their own marketplace and auction platforms:

Bounce V2 brought the platform some upgrades and improved functionalities. This includes the Bounce Auctions Search Engine which allows users to search through the available auctions by token name, auction type, and pool information. Also, Bounce OTC allows users to purchase any ERC20 token over-the-counter at a predetermined price to avoid losses.Bounce offers fixed swap auctions, sealed-bid auctions, and Dutch auctions. Fixed-price auctions are when an agreed price is set between participants and the auctioneer. Tokens are sold normally with a fixed raise in mind. Sealed-bid auctions happen by placing bids that smart contracts then automatically use to fill up bid orders, starting from the highest bid down to the lowest, until all tokens are sold. In a Dutch auction, the price of a token begins high and periodically drops by a predetermined fixed amount.Bounce also enables lotteries. Participants can purchase lottery tickets for a fixed amount. Lottery tickets are then drawn randomly by a smart contract, winners can claim their tokens.

The Bounce platform also allows these types of auctions to be used to auction NFTs.

Where can you buy AUCTION?

AUCTION is available for trading on the following CEXs and DEXs listed here. The most popular platforms with the highest liquidity are Binance, CoinBase Pro, and MEXC GLobal. The price of AUCTION will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for AUCTION market price, please view the price charts on this page.