> For the complete documentation index, see [llms.txt](https://docs.bounce.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.bounce.finance/user-guide/nft-sealed-bid-auction-guides.md).

# 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.