Decentralized Auctions: Transparency and Diversity of Mechanics! 📜 diversity.png
Bounce Brand is a pioneer in decentralized auctions, offering a variety of types by July 2025, each with its unique advantages:
Fixed Price Auctions: Assets are sold at a pre-established price.
English Auctions: Bids increase gradually, and the highest bid wins.
Dutch Auctions: The price starts high and gradually decreases until someone agrees to buy.
Sealed Bid Auctions: Participants submit hidden bids, and the winner is determined after all bids are revealed.
Random Selection Auctions (Lottery): The winner is determined randomly among participants. These mechanisms provide flexibility for sellers and transparency for buyers, as all transactions are recorded on the blockchain.