Dutch Auction

⏬ Dutch Auction

The Dutch Auction is also known as a descending-price auction and is designed for efficiency and speed in price discovery.

  • How it works: The auction starts with a high initial price, which decreases automatically over time in predefined intervals. The first bidder willing to accept the current price secures the domain and the auction ends immediately.

  • Benefits:

    • Quick settlement: no need to wait until the end of a long bidding period.

    • Reduces bidder hesitation, as waiting too long risks another participant claiming the domain.

    • Provides sellers with flexibility to maximize value quickly if bidders accept higher prices early.

  • Use case: Suitable for sellers who want fast sales with predictable outcomes, or for domains where time-sensitive price discovery is valuable.

PreviousEnglish AuctionNextSealed Bid Auction

Last updated