Bounce Brand has launched a new brand branch, Bounce Auction, focusing on on-chain physical auctions.

Odaily’s Masters of Time watch auction series has officially launched, and a watch will be auctioned every two weeks in the form of an on-chain lottery on the Bounce app. Each auction is open for a week-long period of participation, during which users can purchase tickets to participate, each ticket is priced at 5 AUCTION tokens, and a single address can purchase an unlimited number of tickets. At the end of the auction, the smart contract will randomly draw a lottery ticket as the winning ticket, and its holder will win the auction watch. The winner will receive an NFT as proof of ownership of the watch, which is transferable, and any holder can use the NFT to claim the watch at Bounce’s event at Token 2049 Singapore. The first auction item of the Masters of Time series is the Audemars Piguet Royal Oak series automatic self-winding watch. Follow the official Bounce Auction X account for the latest auction updates.