# NFT Sealed-Bid Auction Guides ### What is an NFT sealed-bid auction? Bounce provides NFT sealed-bid auction on the blockchain, with some differences from the traditional sealed bid auction, The final result of a sealed-bid auction is revealed when the pool time runs out. The smart contract automatically assigns the NFT to the highest bidder after the auction period. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.bounce.finance/user-guide/nft-sealed-bid-auction-guides.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.