An Online Auction in prokurit.ai is a live bidding phase on a published event. A Host configures type and timing on Settings, then starts the clock from Event Management with Start Auction Now.
You will learn how to:
- Set Bid Direction and Event Type
- Start, pause, and monitor the Auction tab
- Understand what Participants see
📌 This guide walks you through running an online auction in prokurit.ai.
Step-by-Step Guide: Configure the auction
Step 1: Enable Online Auction
Click Settings.
Under Select Event Features, open Online Auction.
Set Start Time and Min Duration.
Bid Direction:
- Reverse
- Forward
- Ranked
Event Type:
- Ranked
- Open
- Japanese
Complete currency and min/max bid change % as shown.
📌 Request for Quote and Online Auction cannot both stay on. They are mutually exclusive.
Click Save & Go to Next Step, then add lots on Create Auction Lots.
Step 2: Publish the event
Invite accepted Participants, then publish. You cannot start the auction if nobody has accepted.
Step-by-Step Guide: Start the live auction
Step 1: Open Event Management
Open the published event.
When the auction is scheduled and has not started, click Start Auction Now.
If no supplier has accepted: Cannot start auction — No supplier has accepted this invitation yet…
Step 2: Confirm start
You should see Start auction?
Click Start auction (or Cancel).
The live header shows Time Remaining: and Pause.
Click Auction for the live Host view.
Step-by-Step Guide: Bid as a Participant
Step 1: Open Auction
On the event, click Auction.
Before start, copy may say the live feed appears one hour before the event starts.
Live labels include:
- Auction ends in / Auction closed
- Live Auction Feed
- LIVE / CLOSED
Step 2: Enter a bid
On a lot, use Enter bid in the Enter new bid column, then Submit or Cancel.
States include Awaiting host, Bidding closed, and rejection messages when a lot was rejected in qualification.
Key Considerations & Best Practices
- ✅ Auction types in the UI are Ranked, Open, and Japanese.
- ✅ Add lots and get at least one Accepted Participant before Start Auction Now.
- ✅ Qualification bids (if used) sit on Qual. Bids / RFQs, separate from the live Auction tab.
Additional Resources
📌 Related guides
📌 Need further help? If you cannot see an area described here, check you are signed in as a Host or Participant. Otherwise contact support.