Nxt Forum

Nxt Discussion => Nxt Projects => Jinn => Topic started by: newsilike on September 25, 2014, 06:08:20 pm

Title: "via a Dutch Auction"
Post by: newsilike on September 25, 2014, 06:08:20 pm
"The Jinn asset offering will be done via a Dutch Auction."

Does this mean that you will release all the assets against the the bid-wall at once.

Or will you sell pieces every time you like a few higher bids in the bid-wall?

Thank you very much! :)
Title: Re: "via a Dutch Auction"
Post by: Triangle on September 25, 2014, 06:26:43 pm
We will sell against the bid-wall at once (if there's enough volume at the price we accept), yes. If your bid is above this, we will refund the excess :)
Title: Re: "via a Dutch Auction"
Post by: newsilike on September 25, 2014, 06:59:34 pm
Ok ty, I got it now, seems fair  :D
Title: Re: "via a Dutch Auction"
Post by: nxtapple on October 05, 2014, 03:51:03 am
i missed it :(
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