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:
— 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.