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Live AUCTION/INR Price
₹364.3
10.36%
Price Changes
₹37.74
10.36%
24h Low
₹330.1
24h High
₹364.3
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AUCTION
Price
INR
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Bounce is a decentralized auction platform that facilitates various types of auctions, including token sales, NFT auctions, and crowdfunding events. Built on blockchain technology, Bounce allows users to create, manage, and participate in auctions in a secure and transparent manner.
AUCTION, the native token, is used for governance, transaction fees, and staking within the platform.
Bounce was founded by Chandler Song and Ryan Fang, who also co-founded Ankr, a Web 3.0 infrastructure platform. Bounce was launched in September 2020 to create a decentralized marketplace for auctions.
• Decentralized auction platform: Offers token sales, NFT auctions, and other blockchain-based auctions.
• Governance: AUCTION token holders can vote on platform decisions and upgrades.
• Cross-chain compatibility: Supports multiple blockchains, including Ethereum and Binance Smart Chain.
• Customization: Users can create custom auction formats to suit their needs.
Bounce has positioned itself as a unique player in the decentralized auction space. With the growing popularity of token sales and NFT marketplaces, AUCTION has gained attention among investors and users. Analysts predict continued growth for AUCTION as the demand for decentralized marketplaces increases.
You can buy AUCTION from crypto exchanges like CoinSwitch.
• Auction participation: Use AUCTION tokens to participate in token sales, NFT auctions, and more.
• Governance: AUCTION holders can vote on key protocol decisions.
• Staking: Stake AUCTION tokens to earn rewards and secure the platform.
• Transaction fees: Pay fees for creating or participating in auctions using AUCTION tokens.
• Provides a decentralized marketplace for auctions.
• Supports multiple blockchain ecosystems for broader adoption.
• Offers staking and governance opportunities for AUCTION holders.
• Faces competition from other auction platforms and NFT marketplaces.
• Adoption depends on the popularity of decentralized auctions.
• Market volatility due to its niche use case.
• Start investing in AUCTION with just ₹100.
• CoinSwitch offers a smooth and intuitive trading experience for all users.
• Easily manage your transactions and portfolios on the app.
Bounce (AUCTION) is a decentralized auction platform that enables various types of auctions, including token sales, NFT auctions, and more. The AUCTION token has a total supply of 10 million tokens, distributed as follows: 50% allocated to liquidity mining, 20% to the team, 20% to the ecosystem fund, and 10% to investors. This distribution is designed to incentivize platform usage, support development, and ensure the project’s growth and sustainability.
Elrond
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1. What is Bounce (AUCTION) used for?
Bounce (AUCTION) is a decentralized auction platform that facilitates token sales, NFT auctions, and crowdfunding events. The AUCTION token is used for governance, transaction fees, staking, and participating in auctions.
2. Who founded Bounce, and when was it launched?
Bounce was founded by Chandler Song and Ryan Fang, who also co-founded Ankr. The platform was launched in September 2020 to create a decentralized marketplace for auctions.
3. What are the main benefits of using Bounce (AUCTION)?
Bounce provides a secure and transparent auction marketplace, supports multiple blockchains, allows customizable auction formats, and offers staking and governance opportunities for AUCTION holders.
4. How can I buy and trade AUCTION on CoinSwitch?
You can start investing in AUCTION on CoinSwitch with as little as ₹100. CoinSwitch provides an easy-to-use platform for trading, managing transactions, and tracking your AUCTION holdings.
Highlight
Bounce (AUCTION) is a decentralized auction platform that powers token sales, NFT auctions, and other blockchain-based auctions.
AUCTION Price Today
AUCTION Price
₹364.3
Price Change 24h
10.36%
Price Change 7d
1.96%
Market Rank
#620
Market Cap
₹228 Cr.
Trade Vol 24h
₹56 Cr
Circulating Supply
₹69,11,177 AUCTION
Trading Activity
25% Buy75% Sell
Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.
