Riding the Auction Wave: Rollux and Bounce Finance Partner to Enhance Web3 Auctions
We are thrilled to announce our latest partnership with Bounce Finance, a transformative platform reimagining the auction industry through the lens of Web3. This collaboration represents a significant stride in our mission to expand the Rollux ecosystem, granting users access to a wide range of innovative auction experiences.
Bounce Finance offers a wide array of ten on-chain auctions across forty blockchains, redefining flexibility and accessibility within the auction industry. Its unique platform allows users to create custom auction pools tailored to their specific needs or participate in existing pools to amplify competition and optimize success rates.
As a decentralized auction platform, Bounce empowers users to bypass traditional auction houses and brokers, which often entail a lack of transparency, high commissions, and geographical limitations. Harnessing blockchain technology, Bounce's platform guarantees trust, security, and unparalleled transparency, offering a frictionless experience to users, irrespective of their geographical location or financial status.
As part of our collaboration, Bounce Finance will integrate their comprehensive suite into Rollux, encompassing all ten types of on-chain auctions. This powerful integration positions Rollux at the forefront of auction-based DeFi activities, reinforcing our commitment to provide users with unprecedented opportunities.
"We're excited about the possibilities this partnership brings," commented João Fernandes, Business Developer at Rollux. "Bounce Finance's innovative platform aligns perfectly with our mission to democratize Web3. Their expertise in decentralized auctions will be invaluable to the Rollux ecosystem, as we continue to strive for greater transparency, inclusivity, and user-centric solutions."
About Bounce Finance:
Launched in September 2020, Bounce Finance is a fully decentralized auction platform that employs blockchain technology to provide more transparent, efficient, and accessible auctioning, bidding, and buying processes for Web3 users. Since its inception, Bounce has rapidly emerged as one of the most popular decentralized auction platforms in the Web3 ecosystem, appreciated particularly in the DeFi and NFT spaces. Their platform also allows for the creation of custom auctions, and their unique Auction as a Service (AaaS) model provides unprecedented flexibility to users.
Website | Auction Website | Medium | Twitter | Telegram | Github | Docs
About Rollux
Built by SYS Labs, powered by Syscoin, and fueled by $SYS. Rollux is an EVM-equivalent optimistic rollup that inherits the security of Bitcoin’s mining network and Syscoin’s Layer 1 finality and data availability. Rollux functions as Syscoin’s Layer 2 to help provide the unprecedented scalability necessary for an exponential increase of potential use cases, and sets the stage for realizing mass adoption. Rollux offers what no one else does: unmitigated security, speed, decentralization, and affordability.
About SYS Labs
SYS Labs is a unicorn of unicorns, building the fundamental layers of true Web3, and connecting users, dApps, and assets to create seamless flows between ecosystems. SYS Labs creates the infrastructure, dApps, and tools necessary to meet the needs and desires of a global population, all backed by Bitcoin’s security and enhanced by Syscoin’s finality and groundbreaking L1 data availability solution, PoDA.
Jun 27, 2023 by SYS Labs