# Launch a ranked auction

{% embed url="<https://youtu.be/HLM2xN5gsWc>" %}

### Make a project like...

{% embed url="<https://strabismus.xyz/>" %}

### What is it?

Ranked auctions let bidders compete for multiple works all at the same time. Collectors submit their bids, track their current ranking, and increase their bids to remain a winner. When the sale concludes, the supply of tokens are distributed to the winning bidders.

### How to do it?

* Go to the Highlight dashboard and select the Generative, Series, or Edition flow
* Upload your artwork files
* Select "Ranked auction" and set your reserve price
* Launch your collection
* Collectors claim their token and you collect funds when the auction is over
* Learn more about our [ranked-auction](https://support.highlight.xyz/knowledge-base/for-creators/selling-your-nfts/available-sale-methods/ranked-auction "mention")&#x20;