How does auction theory determine the future of the economy?

By |October 16th, 2020|Categories: blog, Blog|

Auctions are gradually becoming an increasingly important component of the global economy. They have ceased to be a highly specialized tool suitable only for limited categories of goods - auctions are being used more widely and in new formats. Even the very conservative Nobel Committee acknowledged this trend. As well as the Bank of Sweden, which finances the prize and awards the Nobel memorial prize in Economics. In 2020, it will be awarded to Paul Milgrom and Robert Wilson for “improving auction theory and inventing new auction formats". It is important to note that the Nobel prizes are awarded not for theoretical research, but for their practical implementation. And Milgrom and Wilson have been implementing new auction formats for many years and “accustoming” a plethora of new industries to auctions. Milgrom's achievements have become particularly important in areas where “traditional” auctions have consistently faced issues - selling [...]

What is TON and How Can You Use It?

By |September 18th, 2019|Categories: Cryptocurrency|

Everybody wants to create the next hot cryptocurrency, but only a few currencies have the potential to catch on. Telegram stands to do just that with the release of TON, which stands for Telegram Operating Network. Also known simply as gram, this crypto coin will come out worldwide by the end of 2019. To buy in while the gram cryptocurrency price has maximum room to grow, cryptocurrency exchanges should consider supporting TON coin as soon as possible. […]

TOP 10 Markets to Launch Your Own Crypto Exchange Platform in 2019

By |August 15th, 2019|Categories: Cryptocurrency|

Good Time to Launch a Crypto Exchange Platform of Your Own Cryptocurrency has taken the world by storm, and there is one big way that you can reap the benefits of the burgeoning market. Merkeleon offers a turnkey exchange platform that can help you set up your own cryptocurrency exchange. You don’t have to do any of the programming or setup yourself—the company creates the turnkey crypto exchange to fit your needs and then turns it over to you. This is the easiest and most profitable way to enter an exciting new marketplace. […]

Facebook’s New Cryptocurrency: What You Need to Know

By |August 1st, 2019|Categories: Cryptocurrency|

After much waiting and anticipation, Facebook has finally unveiled details regarding its new Libra cryptocurrency. With Libra, Facebook stands as one of the largest major corporate forces to throw its weight behind the cryptocurrency trend and offers new legitimacy to an industry which has faced many doubters over the years. The cryptocurrency Libra represents an ambitious new endeavor from Facebook, and people have long been waiting for details about the coin. […]

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