The Ecosystem

AuctionX is an infrastructure layer for auctions in Web 3.0. It empowers and makes it extremely easy for its partners to launch their auctions – out of the box. Zero coding is required. The ecosystem of AuctionX comprises multiple interfaces.

AuctionX’s ecosystem comprises the following elements:

• AuctionX – can be used to auction digital assets like NFTs.

• AuctionX – can be used to auction real-world assets – RWAs.

• AuctionX – can be used to launch tokens via auction mechanism – ABCO (Auction based coin offering)

• AuctionX – provides an SDK and plugins to developers to integrate auctions in their website or launch completely new independent auction sites and mobile apps using the AuctionX engine under the hood.

AuctionX plans to develop the following auction mechanisms, as listed below.

• Discreet Bid

• Unique Top Bid

• Unique Bottom Bid

• The Last Play (Penny Auction)

• Dutch Auction

• English Auction

• Vickery Auction

• Charity Auction

More and more auction mechanisms would be added to the AuctionX ecosystem over time. These auctions are designed to:

• Maximize winnings.

• Unique partner auctioneer MarketPlace to launch, list, or offer their products/services via the AuctionX auctioning platform.

• Bid bots for automatic execution.

• Transparent and permissionless | Blockchain-based deployment.

Auction NFTs

- Digital assets, charity, artwork, and gratitude. - Mint, list, trade, buy, and sell all forms of non-fungible assets via auction mechanisms.

AuctionX ABCO (Auction Based Coin Offering)

Launch your own tokens the Google way, using the Dutch Auction mechanism as the most transparent and fair means of raising funds for a project. We call it the Auction-Based Coin Offering. It is the best means to let the market decide the right price for your token.