# Raffles / Auctions / Fixed Price ## Raffles Any project on MIDNIGHT can opt in to offer their art through a raffle system. Our infrastructure allows projects to not only sell raffle tickets, but also give them away as rewards for community engagements. Raffle tickets can also have perks associated with them, at the discretion of the project owner. ## Auctions Auctions on MIDNIGHT are for a fixed period of time, after which, the highest bidder is the winner. Each auction has a defined Minimum Bid Increment, as defined by the lister. For example, if the current bid is 1 ETH, and the MBI is 0.2 ETH, then the next minimum bid would be 1.2 ETH. All bids are held by the MIDNIGHT platform whilst they are the highest bidder. If a bid gets overtaken, the funds are automatically released back to the bidder. ## Fixed Price Owners can also list their items at their desired fixed price with infinite duration. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.midnight.art/platform-features/raffles-auctions-fixed-price.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.