NameJet will be hosting the NamesCon live and extended domain name auction at the end of January in conjunction with Right of the Dot (Monte Cahn). This afternoon, NameJet distributed a press release to announce some of the better domain names that will be included in this year’s auction. One domain name really stood out to me amongst the others.
DomainNames.com is listed for sale in the NamesCon auction with a reserve price range of between $300,000 – $400,000. From what I understand, DomainNames.com is a domain name that is owned by Network Solutions. If you visit DomainNames.com, you will be forwarded directly to Network Solutions’ website.
I find it interesting that Network Solutions has decided to sell this domain name. For one thing, the company is in the domain name business. Secondly, the company would effectively give a competitor the opportunity to buy the domain name and compete with it. Sure, one might see that DomainNames.com is being underutilized as a forwarder, but I don’t understand why it would be listed for sale publicly in auction where the buyer could be any company that bids highest above the reserve price.
Notably, Network Solutions’ parent company is Web.com, which also owns NameJet after acquiring Tucows’ ownership stake in the auction platform earlier this month.
Beyond DomainNames.com, some of the other exceptional domain names included in the auction are: