As many of you already know, Bounce Auction is a system that facilitates the trading of digital assets in a competitive swap environment within a versatile, decentralized and trustless auction platform.
Users can choose from an array of auction types, including: Fixed swap, Sealed-bid, Dutch and English auction; this is the most comprehensive offering of its kind in the Cryptoverse!
And now we are proud to announce that we have added Syscoin to our growing collection of assets offered.
Syscoin is a decentralized and open source project founded in 2014 by the founders of Blockchain Foundry, who remain Syscoin’s core developers.
This exciting and disruptive technology presents a rollup-centric smart contract platform that combines Bitcoin’s security and Ethereum’s flexibility through NEVM (Network-Enhanced Virtual Machine), using protocol adaptation, while maintaining separation of concerns.
Any smart contract on Ethereum is 100% compatible with NEVM. Syscoin 4 enables developers to leverage both primary evolutionary paradigms of blockchain tech on a single scalable platform. It also provides the technology needed for regulated assets to leverage a decentralized public blockchain in a compliant way without involving custodians.
Adding Syscoin to Bounce Auction will expand options available to investors outside of traditional exchanges, and with exceptional flexibility. We anticipate extremely strong support from investors and the community, which will help grow both ecosystems significantly!
Syscoin is precisely the high-quality project we welcome in to the Bounce Auction fold: smart, innovative, disruptive and with exceptional pedigree. We anticipate a long, fruitful and mutually beneficial relationship with the Syscoin project and team! — Jack Lu, Co-Founder Bounce Finance
Syscoin is a decentralized and open-source project founded in 2014 whose NEVM combines the best of Bitcoin and Ethereum in a single coordinated platform.
Bitcoin’s proven security and Ethereum’s Turing-complete programmability elevated to true L2 scalability via ZK-Rollups taking place on a singular platform, Syscoin, is ushering in the next step in the evolution of blockchain technology.
About Bounce Finance
Bounce is a decentralized NFT auction platform that incorporates liquidity mining, decentralized governance and staking incentive mechanisms. It provides OTC trading, token sales and NFT auctions on-chain.
In addition to this, their upcoming “Freelancer” platform will disrupt the freelance space allowing completely decentralized transactions to occur between the requirement and delivery of digital content.