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  1. Home
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  3. /Dutch Auction
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cryptocurrency

Dutch Auction

A sale where the price starts high and gradually decreases until someone buys.

Definition

A sale where the price starts high and gradually decreases until someone buys. In crypto, NFT projects and token launches sometimes use this format to find fair market price. It prevents gas wars and front-running because buyers jump in when the price hits what they think is fair.

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Related Terms

NFT (Non-Fungible Token)

A unique digital asset on a blockchain representing ownership of art, collectibles, or other items.

ICO (Initial Coin Offering)

A fundraising method where new crypto projects sell tokens to early investors.

Floor Price

The lowest price at which an NFT in a collection is listed for sale.

Address Poisoning

A scam where attackers send tiny transactions from addresses that look similar to ones you've interacted with, hoping you'll accidentally copy the wrong address from your transaction history.

AI x Crypto

The intersection of artificial intelligence and blockchain technology.

Airdrop

A marketing strategy where crypto projects distribute free tokens to wallet addresses.

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