Auction (Dutch, English, dynamic)
A competitive sale format where buyers bid to set the price, run as English (ascending), Dutch (descending), or dynamic timed auctions.
- glossary
Auctions are competitive bidding processes used to determine market price and sell domains. English auctions start with a low price and bidders compete by raising bids until only one remains—common on platforms like eBay. Dutch auctions start with a high price that gradually decreases until someone accepts—ensuring quick sales at market-clearing prices. Dynamic auctions adjust their mechanics based on demand, participation, or other factors.
Related keywords
- auction
- Dutch auction
- English auction
- dynamic auction
- price discovery
- domain sales
Contributors
Namefi is a collective of engineers, designers, and operators who obsess over building tools that make managing your onchain domain names effortless.
Victor Zhou is a technology founder and standards editor focused on digital identity and trust. He founded Namefi, edits Ethereum Improvement Proposals, and previously led smart-contract architecture work at Google Labs.
His work sits at the intersection of naming, ownership, and the systems people use to establish identity online. That perspective makes him especially interested in the way names move between personal meaning, public recognition, and digital infrastructure.
For Namefi, Victor edits and writes about domains as durable digital identity: how names become ownable onchain assets, how tokenization changes custody and trust, and what naming can learn from the systems people use to establish identity online.