I think the NamesCon domain auction being held on NameJet has the potential to be big. There are many awesome names up for sale and it seems like most of those already have bids. As of right now, there are several million in bids placed, although only one auction with a reserve price north of $10k has hit its reserve. There are several no reserve auctions above $10k though.
Monte Cahn, a co-founder of Right of the Dot, is one of the organizers of this year’s auction. In a tweet on Monday, he said that he believes the NamesCon auction is going to set a record for the largest domain name auction (beating the $12.3 million high water market set at TRAFFIC 2007).
I think there is a



