"Sealed bids"
Cost to enter 1 token, you then make one bid Eg 20 tokens highest bid wins, you have 5 minutes to make the second bid
All other tokens are returned to losing bidders with the exception of the entry token.

Or at the end of the sealed bids the top three bidders go into a final shoot off, one last bid but no one knows what the top bid in the previous round was.

IMO this would allow more activity on players being sold and made available as the bidders getting their tokens back can move onto a second target. It would also level up the huge differences in quality between the haves and have nots.
If Nordeus want elitist gamers then create a elitist server.
This would surely bring some balance to the current competitions.

The bidding/auction process adopted by Nordeus is certainly unique in as that, all tokens in every round are gone for ever.