Poll: Will NamesCon Auction Set a Record?

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 very good chance of that happening based on the caliber of domain names up for auction and the current market conditions. I would not place a bet on it happening, but I would not be surprised if this auction surpasses the TRAFFIC 2007 auction. If the auction does set a record, I think it will be a good indicator of a good year for domain investors who actively sell domain names.

I am curious if you think the NamesCon 2016 auction will set a record. Vote in the poll below and feel free to comment:


Elliot Silver
Elliot Silver
About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Recent Posts

Details Behind $1 Million+ Deal for Diversification.com

0
Paul Rubillo shared some details about a deal he struck for the Diversification.com domain name. When the deal concludes, it will be valued at...

GoDaddy Auctions Expands AI Images and Descriptions

1
I recently noticed that GoDaddy Auctions began incorporating artificial intelligence-generated images and descriptions to its auction listings. This AI-generated content appears in the Details...

Atom to Launch Price Tracking Feature

0
I don't use Google Shopping for much beyond the native price tracking tool. If there's a product I want to buy but think it's...

Resolved: No Sound Notification for Email on iPhone 16

0
I've been dealing with a frustrating iPhone issue for a while. I don't recall when it started, but my sound notifications have not been...

Rick Schwartz Responds to Digital Citizens Alliance Report

11
Bill Hartzer wrote an article about a report issued by a group called Digital Citizens Alliance that was critical of domain investing. This is...