> For the complete documentation index, see [llms.txt](https://support.highlight.xyz/knowledge-base/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://support.highlight.xyz/knowledge-base/for-creators/project-quick-start-guides/launch-a-ranked-auction.md).

# 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](/knowledge-base/for-creators/selling-your-nfts/available-sale-methods/ranked-auction.md)&#x20;


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