Bounce Token

A protocol for cross-chain auctions

What is Bounce ?

  1. Bounce is a decentralized auction protocol
    • that allows users to buy and sell cryptocurrencies and NFTs.
  2. Bounce’s cross-chain Auction app gives buyers and sellers a choice of 4 auction types.
  3. The first is an English auction.
    • It’s used for NFTs.
    • It starts with a minimum reserve price.
    • Once met, further bids can be made and the NFT is sold to the highest bidder.
  4. The second is a Dutch auction.
    • It allow users to trade any quantity of tokens.
    • The asset’s price is periodically reduced until all assets are sold.
  5. The third is a sealed-bid auction where bids are not disclosed.
    • When the auction ends,
    • bids are filled starting with the highest until all tokens are distributed.
  6. Finally, in a fixed-swap auction,
    • buyers and sellers agree to swap ERC-20 or BEP-20 assets for a predetermined price.
  • What is Bounce ?
    • A decentralized auction protocol
    • A type of sport
    • A basic understanding of computer programming
    • A lending and borrowing protocol

What is the AUCTION token ?

  1. AUCTION is Bounce’s native token.
    • It supports incentives on the protocol, and provides benefits and governance rights for holders.
  2. AUCTION tokens are required for Bounce Certified auctions,
    • listings that have been verified by the Bounce DAO community.
  3. To create a certified listing and submit it for community review,
    • users must pay an application fee in AUCTION tokens.
  4. At first, certified pools are launched with a “pending” status.
    • For them to be listed, community members must stake AUCTION tokens to show their support.
  5. Once the total stake reaches 300 AUCTION, the pool automatically goes public.
    • The staked tokens remain locked until the pool closes.
  6. AUCTION can also be used to earn rewards
    • and token holders may benefit from access to exclusive sale events.
  • How can you use Bounce ?
    • Lend your money
    • Read news
    • Buy Food
    • Create or participate in auctions

The future of Bounce

  1. In 2021, Bounce Finance processed over 700k ETH in auction activities
    • between users, developers and digital asset issuers.
  2. Bounce V2 was launched in June 2021,
    • introducing the ability to search auctions,
    • and to buy or sell any ERC-20 token at a fixed price with OTC orders.
  3. Bounce aims to continue to build out its ecosystem of products and services
    • to decentralized auctions …
  4. … from minting and selling NFTs, to dApp and DeFi integrations.
  5. Fangible is an NFT marketplace powered by Bounce
    • with many existing and upcoming collabs
    • from star creaters like Kyle Kuzma, A$AP Rocky, and Nick Young.
  6. Bounce Polkadot was the first decentralized marketplace
    • to host crowdloans and parachain slot auctions for Kusama and Polkadot.
  7. The upcoming Bounce toolbox aims to provide developers with everything they need …
  8. … to integrate Bounce’s auction and NFT contracts with their own dApps and services.
  • Where can you use the Bounce app ?
    • app.bounce.finance
    • google.com
    • bounce.basketball
    • verb