Auctionity Changes the Face of the Global Auction Industry

Back in 2018, the DomRaider team set out to revolutionize the world of auctions through the use of the latest blockchain technologies.
To date, the Auctionity project is the only platform of its kind to offer the possibility to bid at English [ascending] auctions that are not only fully decentralized but also reliable thanks to smart contracts. Auctionity also makes online auctions more engaging for bidders via a viral reward mechanism which encourages community members to participate in the sales promotion of the auction.
With this taking the form of simply sharing the link to social networks, the true nature of the system comes in the form of an interactive and real-time live streamed video link of the ‘saleroom’ – watch the bids increase with our interactive auctioneers!
The Auctionity platform currently specializes in auctions for collectible digital assets known as NFT’s or Non-Fungible Tokens. However, this is but a first step and a springboard towards a much wider set of applications of decentralized English auctions.
The Auctionity team is proud to introduce its vision for the future of auctions. According to Tristan Colombet – CEO of DomRaider;

“Soon, it will be possible to easily sell a tokenized item [i.e. made unique and identifiable on blockchain] on the Auctionity platform. Auctionity also makes online auctions more spectacular and viral via a reward mechanism which encourages community members to participate in the sales promotion of an auction”