Tokenizing Physical Assets

Representing ownership rights to a physical asset in the form of a digital token allows the asset to be traded, bought, and sold in a decentralized, digitized manner on a blockchain network.

On-chain Auction and Representation

Our auctioning process of physical assets is recorded and tracked on blockchain, providing a secure, transparent, and fair environment for these assets to be traded.

Authentication and Warehouse Services

Our real goods auction begins by the seller sending the physical asset to a secure warehouse for authentication, and ends with the warehouse sending the physical asset to the buyer once the on-chain trading is completed.

NFT Redemption

The creation and trading of Non-Fungible Tokens (NFTs) for physical assets is a highlight feature of our real goods auction process.

Lack of transparency and security

Traditional real goods auctions often lack transparency, making it difficult for bidders to know how the auction is being conducted and how the results are being determined.

High costs

Traditional real goods auctions can be expensive, especially for small businesses, making it difficult for them to participate and compete with larger businesses.

Inefficient bidding process

Traditional real goods auctions can be inefficient, with a slow and cumbersome bidding process that can discourage potential bidders from participating.

Risk of fraud and manipulation

Traditional real goods auctions are vulnerable to fraud and manipulation, such as bid rigging or false bidding, which can negatively impact the integrity of the auction.

Limited customization

Traditional real goods auctions often have limited customization options, making it difficult for businesses to tailor the auction experience to meet their specific needs.

Lack of real-time information

Traditional real goods auctions often lack real-time information, making it difficult for bidders to stay informed and make informed decisions during the auction.

Improve transparency & secuity

Bounce's on-chain solution offers a more secure and transparent platform for real goods auction, unleashing the power of decentralization.

Lower cost, time saving

Bounce's on-chain real goods auction minimizes the cost and time involved in traditional real goods auctions, providing a more cost-effective and efficient solution.

Enhance efficiency

Bounce's on-chain solution streamlines the bidding process, making it more efficient and user-friendly

Risk of fraud and manipulation

With Bounce’s on-chain auction, all transaction, bid history and auction outcomes are recorded on a public ledger, I.e. blockchain. This eliminates the risk of fraud or manipulation and enhances the transparency and fairness of advertising.