ASA·COMPASS

Auctions

List a piece at a starting price for a set time. The highest bid when the clock runs out takes it.

Not open yet Auctions arrive with the settlement contract, once it has been reviewed by someone other than its author.

How it will work

Decided, not yet built

1 The seller sets a floor A starting price and a duration. The piece moves into an escrow governed by public, immutable code.
2 Anyone can bid Each bid must beat the last. Losing bids stay withdrawable at any moment.
3 The clock decides When time runs out, the highest bid wins. Payment and delivery settle in one atomic transaction.

Until then, every price on this site is a trade that already happened on-chain. Nothing here is a listing.

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