# How do I get a Ticker Name?

There are 2 ways to obtain a ticker name:

1. **Ticker Name Auction House**

   Anyone can start a ticker name auction by placing a starting bid greater than the minimum bid on any available ticker name. This starts a 24-hour auction process where anyone can place a new bid, as long as the new bid is 5% larger than the current bid.

   When a bid is placed, the PARTY is burnt. When a new bid is placed, the PARTY that the prior bidder had burnt with their bid is reminted back into their account. If a new bid comes in during the last 6 minutes of the auction, the auction is extended by an additional 6 minutes.

   Once the auction ends, no more bids may be placed and then someone must run the endAuction function which records the auction results and mints the ticker name NFT to the winner. The PARTY for the winning bid remains burnt forever.
2. **NFT Marketplace**

   Ticker Names are NFTs, allowing them to be traded on any NFT marketplace.


---

# 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.hexpool.party/ticker-nametags/how-do-i-get-a-ticker-name.md?ask=<question>
```

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.