There’s an interesting article that was posted on CircleID today by Christa Taylor entitled, “gTLD Contention Set Auctions: Private Auction Alternatives.” The article discusses the advantages and disadvantages of running private auctions vs. the ICANN auctions for gTLDs, and it compares and contrasts the companies that are operating the auctions.
The most interesting aspect of the article for me was conclusion, which may benefit domain industry veterans Mike Berkens and Monte Cahn. Earlier this month, Right of the Dot announced they will be teaming up with Escrow.com on a new auction offering.
According to the conclusion from the CircleID article:
“For applicants with a few TLD’s, the Right of the Dot private auction services is the best fit. They provide a friendly, cost-effective yet customized approach that is likely going to be well-received and agreed to by all participants in the contention set. Additionally, auction costs are minimal and all funds are held in escrow. Finally, Right of the Dot are accomplished domain professionals who specialize within the domain industry.”
Congratulations to Mike and Monte on this.