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Coinlist restarts the "auction" function after four years, allowing the market to determine the token sale price
2024-07-31 01:45
Odaily News Coinlist announced the restart of the "auctions" function in a post on X. Different from the traditional fixed-price public sale, "auctions" allow the market to determine the final token sale price. Coinlist added that "auctions" are not a new model for the platform. In 2020, the platform had conducted three "auctions" for sale: Solana (offering price of $0.22), Flow (offering price of $0.38), and Celo (offering price of $1).