Domain Auctions

Be Mindful of Minimum Bid at NameJet

There have been a number of changes at NameJet due to the integration with SnapNames. Most noticeable for me is the backorder deadline time change. I can now place my back orders one hour later than I could before the integration. One issue that has tripped me up more than once is the minimum bid difference on some domain names. Instead of the standard $69 bid, I need to place a $79 bid in order to backorder the domain name.

The $10 difference is not generally a problem, especially considering it is now rare for me to win an auction for the minimum bid. The issue is that when I click the “Place My Bids Now” button, only the $69 backorders are placed unless I manually change the minimum bids for the auctions that require a $79 bid.

Here’s what happens when I do not update the bid to meet the minimum before placing my backorder:

$25.5M Funded Company Closes and Domain Expires

Laurel & Wolf was a popular and growing interior design business that had raised over $25 million in funding, according to CrunchBase. A March of 2019 article in a trade publication called Business of Home detailed the failure of the business and how the company was shut down.

It’s always interesting to track what happens to domain names owned by companies that are shut down. Oftentimes, the domain names are sold along with whatever valuable assets remain, such as a customer list, trademarks, and inventory. In the case of Laurel & Wolf’s domain name, LaurelAndWolf.com, it is up for auction today in a GoDaddy Auctions expiry auction.

US Government Lets Escorts.com Expire

In March of 2012, I published an article about the government seizure of the Escorts.com domain name. A press release on the FBI website from November of 2011 discloses that the Escorts.com domain name would be seized:

“Pursuant to a plea agreement with the government, National A-1 Advertising and R.S. Duffy pleaded guilty to the money laundering conspiracy charge in the Information, will serve a probation term of 18 months, and pay a $1,500,000 fine. In addition, under the terms of the plea agreement, the defendants agreed to the criminal forfeiture of $4.9 million in cash derived from the unlawful activity, as well as forfeiture of the domain name, Escorts.com, all of which represent property used to facilitate the commission of the offenses.”

Town of Secaucus Files UDRP Against SecaucusNJ.org (Updated)

Secaucus, New Jersey is a relatively small town that is close in proximity to New York City. While looking at UDRPSearch.com this afternoon, I noticed the Town of Secaucus filed a UDRP against the SecaucusNJ.org domain name at the World Intellectual Property Organization. It is WIPO Case D2020-0509.

From the looks of it, this does not appear to be a typical UDRP filing. In looking through Screenshots.com, it appears that this was a developed website, and I believe it was operated by the town of Secaucus. A Google search also shows the town operates the matching .gov domain name for its website – SecaucusNJ.gov. It is unclear whether the town operated two distinct websites, and if so, for how long.

Tokens.com in Ryan Colby’s Crypto Domain Auction

Ryan Colby shared an update on Twitter and LinkedIn last week that caught my attention. Ryan announced that he will be running an “exclusive crypto domain auction” with a reported $20 million worth of domain names up for bid:

NameJet Backorder Closing Time One Hour Later

For many years, I would place my NameJet backorders right before the 11pm Eastern closing time. This was at the end of the evening for me, so the backorder time was pretty convenient as I was often shutting things down for the evening.

At some point in the last couple of weeks, I noticed a change at NameJet. The backorder closing time shifted one hour later – to midnight Eastern time. This gives people an extra hour to place backorders on domain names coming up for auction on NameJet and SnapNames. I believe this change is related to the integration of NameJet and SnapNames that is happening slowly.

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