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Dutch auctions are becoming more and more popular in the crypto market. They offer fairer conditions for all participants to bid. Particularly when we weigh in the challenges crypto, IEOs and IPOs face today. Namely – crypto whales closing sales quickly by buying everything before anyone else has a chance.
After successfully closing a 500K USD strategic investor round and a 625K USD private sale round, FrontFanz has moved onto a 20-day IEO sale on ExMarkets that started on the 20th of July and is currently on day 5 of the sale and has sold out all previous days. The current sale is held in the style of the very same Dutch auction.
Defining a Dutch Auction
A Dutch auction, also known as clock auction or descending-price auction, is a type of auction where there’s no fixed price. Instead, auction participants are invited to offer their own prices for the desired amount. When all the...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...