Bounce DAO runs a variety of crypto-capable applications that emphasizes scarcity rather than abundance. While most coin swapping platforms try to increase their liquidity pools, Bounce wants to trade in more unique scarce items. It only makes sense they also have an NFT marketplace, since they specialize in rare digital assets. Along with an NFT platform, Bounce runs a talent/recruiting service to help developers find work and help companies find the talent they need to build in Web3. All of these services are integrated into developer toolkits that allow for the creation of different kinds of automated auctions. Hence the token name AUCTION. With so many distinct products, there needs to be a way to organize the community resources. Hence, the AUCTION token, which manages the DAO that decides what the Bounce protocol should build next.