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Umami.com Back in Auction at GoDaddy

Elliot Silver
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2

The Umami.com domain name was in an expiry auction at GoDaddy last month. The winning bid for the auction was $100,000, as noted by Raymond. Because of the nature of GoDaddy expiry auctions, the winning bidder is not publicly known.

For whatever reason, the winning bidder did not pay for the domain name, nor did the runner up. In the case of a bidder default, I was under the impression that GoDaddy offered the domain name to under bidders sequentially until someone opted to purchase the domain name. Apparently, I was incorrect.

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Namecheap Asks When Auctions Should End

Elliot Silver
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1

When I visited a Namecheap auction this morning, I noticed an informational header indicating that Namecheap may change the time of day its auctions end.

“Have your say on Auction end times
We’re reviewing our end time schedules and want to know what works for you. Share your ideal bidding window and shape the future of Auctions, all from one short survey.”

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GoDaddy Auctions Masterclass on December 11

Elliot Silver
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1

GoDaddy’s Domain Academy will be hosting a masterclass focusing on domain auction strategy for GoDaddy Auctions. The session will be hosted by GoDaddy’s Joe Styler and Bart Mozyrko. Joe is a longtime GoDaddy employee, and he leads the GoDaddy Auctions team.

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Redeem That GoDaddy Monthly Auction Credit

Elliot Silver
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1

GoDaddy recently announced a new benefit to its Domain Pro program. Domain Pro members receive a monthly $20 auction credit that can be used to pay for GoDaddy Auction purchases. This amounts to $240 in total auction credit value, and I think that is approximately the current annual cost of a Domain Pro membership.

Notably, this monthly benefit is not automatically applied to auctions each month. Members will need to be redeem it manually with a monthly promo code. On the Auctions payment page, there’s a “Have a promo code?” link, and clicking that will allow the buyer to enter this monthly promo code. For November, the code is “NOVPROWIN.”

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Auction Platforms Shouldn’t Benefit from Default Bidders

Elliot Silver
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13

If the winning bidder for a domain name auction does not pay and the auction platform offers the domain name to the next highest bidder(s), the default bidder’s bids should be removed entirely. The platform should treat the auction as if the default bidder never existed. Otherwise, the platform would benefit from a default bidder at the expense of other participants. This is unfair.

Rick Schwartz has been railing against Dynadot’s auction policy for the last couple of days, and I think he has valid points. Nobody can speak for Rick better than Rick himself, so I shared the post he just wrote on LinkedIn and a post from yesterday. If you haven’t experienced this issue with before, you can read his posts to learn what happened and understand why he is upset.

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Namecheap Auctions from $400 —> $10

Elliot Silver
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3

I’ve been bidding on and following Namecheap expiry auctions for .AI and .IO domain names. Most auctions have a standard starting bid of $15 plus the renewal fee. There are some that have $5 or $10 minimum bids, but most seem to be $15.

One thing I noticed is that some auctions have a starting bid of $400 with standard renewal prices. I believe these higher bid amounts are set by the registry operator, Identity Digital, and they impact certain names the registry identifies as “premium,” or some other designation they choose.

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