Veiling,future of launchpads.
Private bids. Public price.
Veiling sells new tokens and NFT collections on Solana by sealed bid. Your price stays encrypted from the moment you bid. When bidding closes, one final price is found, every winner pays it, and whatever you did not spend comes back.
From your bid to your tokens
1Name your price
For a token, set the SOL you want to spend and the most you would pay per token. For an NFT collection, choose how many NFTs and the most you would pay for each. Your deposit covers it.
2Your bid is sealed
Your price is encrypted in your browser and tied to your bid. Arcium’s network works with the bids without anyone, including us, seeing them one by one.
3One price is found
After bidding closes, the final price is the highest price at which the bids cover the supply.
4Everyone pays the same
Bids above it win, bids exactly at it share what is left, and every winner pays that one price. Bids below it stay sealed and are refunded in full.
A new token is made only if its sale sells out, and nobody can ever make more of it after that. An NFT collection's NFTs are made only for the people who win them. If anything ever gets stuck, bidders can take their deposits back: a day after the end for a token, three days for a collection. Read the details.
No one sees your bid. Not the seller, not other bidders, not us.
A deposit only sets the most a bid can spend, so big deposits do not give away real demand. Here is exactly what anyone can see.
Public, for anyone
Who bid, how many bids, and each deposit
The final price, and how much was bid at it
What each winner won and paid
Hidden, from everyone
The price of every bid, winning or not
The budget of every losing token bid
The size of every losing collection bid
For sellers
Open a sale in a few minutes. Its rules are fixed before the first bid, and every bidder sees them.
New tokens
50% of the supply, up to 1,024 bids, in 1, 2 or 5 hours. The token is made only if the sale sells out; if not, every deposit comes back in full.
NFT collections
Up to 10,000 NFTs and 10,240 bids. NFTs are made when winners collect them, handed out at random, and the art can stay hidden until the sale ends.
A pool at the price
Everything a new token raises, less the platform fee, goes into a Meteora trading pool at exactly the final price, and nobody can ever take it out. A high fee in the first ten minutes keeps sniping bots away.