Apparently there is actually an approach called "Dutch reverse auction" [0], but that's not what the proposal is about - rather it's a about a regular Dutch auc

Apparently there is actually an approach called "Dutch reverse auction" [0], but that's not what the proposal is about - rather it's a about a regular Dutch auction [1]. [0] https://en.wikipedia.org/wiki/Reverse_auction#Dutch_reverse_auctions https://en.wikipedia.org/wiki/Reverse_auction#Dutch_reverse_... [1] https://en.wikipedia.org/wiki/Dutch_auction https://en.wikipedia.org/wiki/Dutch_auction