Blue chip domain names like Medal.com don’t hit the auction block very often. As I shared on Twitter last weekend, a company called Ciox Health acquired Medal, Inc., which owned the Medal.com domain name. For an unknown reason, the domain name expired. Likely because the name was registered at Gandi, it was deleted rather than auctioned by a partner auction platform.
The beneficiary of this deleted domain name was DropCatch.com, which caught the domain name after it fully deleted. Following a heated auction, the Medal.com domain name sold today for $185,728. Michael Law shared a screenshot of the final auction result:
Expired domain auction for Medal*com just ended at $185,728 after a long battle. Amazing five letter .COM #domains pic.twitter.com/0phu0L8j4r
— Michael Law (@michaelrlaw) August 19, 2022
Because the auction just closed today, I won’t consider it a done deal as the transaction has not yet completed. Once the domain name changes hands, it will become clear who acquired the domain name. $200k seems to me like a high wholesale or very low retail price for an asset of this caliber. It remains to be seen who acquired this domain name.
Has end user WIN written all over it.
More end users are partaking in wholesale auctions. That is the highest public auction I have seen this year.
Will be interesting to see if it is paid for in full.
I’m sure you could get 500-750k out of it easy but will the buyer pay? Is the winner bidder known for completing auctions? Very nice domain! Such a stupid loss for the company.
I and many people would like to know how premium domains like this are being dropped…..
So what really happened??
Maybe a disgruntled employee just deleted it.
Inquisitive mind wants to know:
Why premium domains like this are dropped?
How did dropcatch.com get these kind of premium domains and not like GD that has so much more money and tools?
Seems like dropcatch are making a big killing$$$ and they could have hold the domains longer and sell for more money
What is happening to Voodoo.com?
and Where is Uncle Trump’s tax returns? (follow the money)
Yes, the buyer is Medal TV an end user as I predicted.