Coinlist Reboots Auction Feature: A New Era of Market Pricing
Publication Time:2024-07-31 09:56:06
Golden Finance Report: Coinlist recently released a statement announcing the reboot of its highly anticipated 'auction' (auctions) feature. This move aims to empower market forces to determine token issuance prices. Unlike traditional fixed-price public sales, the 'auction' model allows market forces to decide token issuance prices, showcasing Coinlist's commitment to promoting market autonomy and transparency. This feature is not new; in 2020, Coinlist successfully organized three auction events involving projects such as Solana, Flow, and Celo, with Solana priced at $0.22, Flow at $0.38, and Celo at $1. With this reboot, Coinlist reaffirms its support for the auction mechanism, signaling the dawn of a new era of market pricing.
Coinlist
market pricing
auction feature