Bidding & Auction Mechanism

Auction Mechanism

Overview of the Auction Process

Gemstone auctions are a central feature of the KSGEMS ecosystem, converting tangible assets into revenue while rewarding token holders. The process is carefully managed to ensure maximum value realization and fairness:

• Gem Selection and Auction Scheduling: Auctions are planned based on market conditions, demand trends, and portfolio strategy. Only the most promising gemstones are selected for auction to optimize returns.

• Transparency and Accessibility: Auction schedules are publicly announced, allowing token holders and potential buyers to participate actively.

Bidding Mechanism

• Live Bidding Platform: Auctions operate on a live bidding platform, enabling participants to place real-time bids on tokenized gemstones.

• Reserve Pricing: A reserve price is set for each auction to ensure that gemstones are sold at or above fair market value, protecting the integrity of the asset and the ecosystem.

• Competitive Pricing: The live bidding environment fosters healthy competition among participants, maximizing the auction proceeds.