DCCY blind bidding, reshaping the future of value

Investors must know about digital currency when it comes to blockchain. Digital currency is a very popular investment project, but the digital currency market continued to be sluggish in the second half of the year until the emergence of the biggest dark horse DCCY. In just two weeks, DCCY's popularity has skyrocketed, attracting the attention and participation of tens of thousands of people, and has become the new darling of the market.

DCCY finally comes out after much anticipation

So what is DCCY? What is its charm? DCCY is a decentralized basic financial facility that focuses on creating distributed financial solutions, actively matching various financial businesses, improving the existing financial system, and is committed to creating a fair and just distributed financial ecosystem.

Its public chain involves multiple fields such as digital currency, payment settlement, smart contracts, financial transactions, and Internet of Things finance, so that transactions no longer require third-party intermediaries, use smart contracts to build a trust consensus, and break the shackles of traditional finance.

Along the way, the DC Alliance has received support from many institutions, including internationally recognized licensed financial practitioners and the earliest digital currency investors, top financial investment consultants and well-known investors in the blockchain industry. They will focus on the alliance, actively match various financial businesses, improve the existing financial system, and create a fair and just trading ecosystem.

Still holding the Pipa and half covering her face, blindfolded bidding reveals the future

In the value circulation stage, DCCY created the latest auction mechanism - blind auction based on the economic token model. Blind auction refers to the traditional English auction and Dutch auction, combines their advantages, and provides users with a fair and just auction environment, allowing users to participate regardless of time. Therefore, more consensus has been gathered.

At present, this new auction model has formed a rapid and stable wealth effect. It will work together with various measures such as super nodes covering the entire ecosystem and partner plans to ensure the smooth development of DCCY.

The emergence of blind bidding has reignited the market and made DCCY a benchmark for the transition from the information Internet era to the value Internet era. It has completely changed the blockchain landscape and made value the first choice for public chains.

How to participate in blindfolded bidding: fair and transparent process

Auction method and cycle

Bidding method: Blind bidding with reference reserve price

Auction cycle: Each natural day from 00:00 to 23:59:59 Greenwich time is one auction cycle.

How to participate

Users use the BTC account balance in their wallets to bid. They can freely set the bidding price, that is, 1 BTC=N DCCY (N≥reference reserve price), and choose the number of BTC to bid, with a minimum investment of 0.01 BTC. After participating in the auction, the corresponding number of BTC will be frozen. If the bid is successful, the corresponding number of BTC will be deducted and DCCY will be issued to the account. If the transaction is not completed, the BTC will be unfrozen without any handling fee. The blind auction results are based on price as the first priority and time as the second priority until all the quotas for the day are auctioned.

Rules of Participation

Auction daily limit: The daily limit is 2 million DCCY.

Reference floor price: Based on natural weeks, select the average DCCY price of institutions that have listed DCCY and have price indicators

As a weekly guide price, it is updated every Monday of the calendar week at 00:00 Greenwich Time.

Auction Settlement: The auction settlement time for the previous natural day is from 00:00 to 3:00 Greenwich Mean Time on each natural day.

The auction pool account will be directly distributed to the winning user account (distributed on the DCCY chain).

Auction Bonus Pool: The DCCY Foundation will add an additional 10% of the total amount of DCCY successfully auctioned on that day to reward various participants. If 1 million DCCY are successfully auctioned today, up to 100,000 DCCY will be added as rewards.

2020, DCCY sets sail

At present, DCCY has greatly improved the lack of trust and high thresholds in traditional finance through blind auctions. Whether it is the upgrading and construction of traditional financial infrastructure or the acquisition and accumulation of traditional wealth, DCCY is involved as a key factor. Now we have seen the DCCY public chain technology take root in all walks of life, and the DCCY blind auction innovation mechanism also provides a new way to accumulate single and unchanging wealth. Embrace DCCY and let blind auctions create a better wealth future for us.