Coinlist restarts the "auction" function after four years, allowing the market to determine the token sale price
Coinlist announced the restart of its "auctions" feature. Unlike traditional fixed-price public sales, "auctions" allow the market to determine the final token sale price. Coinlist added that "auctions" are not a new model for the platform, as it conducted three "auction" sales in 2020: Solana (sale price of 0.22 USD), Flow (sale price of 0.38 USD), and Celo (sale price of 1 USD).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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