# Gnosis Introducing Gnosis Auction

By Coinness

Canonical URL: https://www.tokenpost.com/news/investing/7185
Published: 2021-03-05T07:08:03.000Z
Updated: 2021-03-05T07:08:03.000Z

Gnosis announced a new Lego piece in the toy-box: Gnosis Auction.

Gnosis Auction is a platform enabling fair price discovery for token auctions. The aim of the platform is to make it easy for teams to discover a fair price for their token, leveraging it for their own Initial DEX Offering or using the auction mechanisms for any particular use cases such as liquidations, token buy-backs, etc.

Coinness

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