RightoftheDot.com Resolves Contention On New gTLD .One In Single Sealed Bid Auction

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RightOfTheDot™, LLC, one of the most well-known domain industry auction Internet consulting and advisement firms, announced today that they and their partner Escrow.com, have facilitated the contention set auction of the new gTLD Web address “.One,” which is expected to be one of the most sought-after new TLD (Top Level Domain) properties on the Internet.

The winning bidder for the new TLD extension is One.com, which will act as the worldwide registry for .One domains.  They will be offering such super premium names as “number.one,” “the.one,” “only.one” “best.one” and countless others to individuals, retailers and e-commerce sites throughout the world.

The .One TLD auction marks the first time the “Single Sealed Bid Second Price” auction method was used to resolve contention between competing applicants wanting to run a new top level domain extension.

The new method, developed by RightOfTheDot™, is unlike the traditional ascending clock auction in that it provides complete customization and flexibility in when the auction will be held, how the funds will be disbursed, payment timing, application withdrawal, auction timing, auction type, and more.

The results from a Single Sealed Second Price Auction generally yield fairer and lower winning bid prices, less bid rigging, less confusion, and less time to determine a winning applicant.

“Our Single Sealed Bid Second Price auction method protects the participants from `auction fever,’ which often causes over-bidding as people get emotionally tied to the process of winning at any cost due to time committed and sometimes throw their budgets out the window,” said Monte Cahn, President of RightOfTheDot™.  “This potentially results in less money and resources to successfully launch and market the new TLD participants are bidding for.”

“We also believe the flexibility of our solution completely sets us apart from other auction methods and companies currently available,” added Cahn.  “It’s our philosophy that the applicants in each contention set should be the ones to determine when, where and how the auction should be held; and how funds are disbursed, whether to the non-winning bidders, a third-party charity or industry association, or a combination of all. These decisions will vary by contention set depending on the TLD and the participants in each contending set.”

”We choose to use RightOfTheDot’ Single Sealed Bid Second Price auction and received a trustworthy and transparent service in the contention of .One,” said Ronni Engelhardt Andersen, the CFO of One.com. “This was the right auction model for us, as the time and efforts needed to do the auction were balanced, and the contention was solved in a fair way.”

Ultimately, the flexibility of RightOfTheDot™ in conducting an auction that satisfied all parties’ needs within the contention, rather than sticking to predefined rules, is the main reason why we continue to engage with Monte and Michael,” said Ben Anderson, Product Director and Head of New gTLD Services at NetNames. “With the resolution of contention being, in some cases, more complex than the application process itself, applicants need a partner they can trust and one that is willing to make changes to their own process to accommodate nervous applicants.”

We are extremely satisfied with both the outcome and the path taken to achieve it,” said Sandeep Ramchandani, Business Head of Radix, one of the applicants for .One.“Monte and Mike from RightOfTheDot™ were great to work with. They demonstrated tremendous patience and flexibility in designing and executing an auction that met the specific expectations of both parties. We would like to congratulate the One.com group on winning the .One contention set.”

RightOfTheDot™ also recently announced through its exclusive partnership with Heritage Auctions, RightOfTheDot™ will offer additional Contention Resolution Auction Services, such as online customized ascending clock and traditional step auction services to help competing applicants for new TLDs resolve their contention prior to last resort auctions being offered by ICANN.  Heritage and RightOfTheDot™ also have an exclusive relationship to auction premium and super premium new TLDs and existing domains through live and live online auctions.

About RightOfTheDot, LLC:

RightOfTheDot™, LLC is an Internet consulting and advisement firm specializing in new and existing TLD strategies, contention resolution and private auction services, board advisement, premium domain and market positioning, sales and services.

Monte Cahn and Michael H. Berkens, Esq founded the Company in 2012 with a combined 30 years of experience. They have participated in more than $350 Million in domain sales, brokerage and domain auctions

They advised and assisted in launching 15 sTLDs and gTLDs, in addition to several TLDs available today, and pioneered many domain industry products and services currently used as standards.

RightOfTheDot™ is a licensed Business Auction Corporation in the state of Florida, with the exact purpose and description for conducting contention resolution auctions between competing TLD applicants.

Both Monte and Michael are members of the prestigious Domain Hall Of Fame.

For more information, please contact:

Monte Cahn President / Director RightOfTheDot™ LLC

Monte@RightOfTheDot.com

Heritage Auctions and RightOfTheDot.com Partner On Live Auctions Of New gTLD Domains & Contention Auctions

Heritage Auctions and RightOfTheDot, LLC announced today an exclusive joint partnership to provide live and online auction services for premium domains in new gTLD extensions that are being launched over the next several years.

Examples of premium domain names that may potentially be for sale via this new offering could include names like Night.Club, Tour.London, Hotels.NYC, Divorce.Law, Poker.Vegas, Concert.Tickets, and on, across the spectrum of recently created new domain space. The partnership will also continue to provide auctions of existing, established TLDs such as premium .Com domains.

Heritage Auctions recently completed its first Live domain name auction in its New York office and including online bidding, sales topped $1.5 Million dollars.

Heritage Auctions and RightOfTheDot also announced today they have partnered up to offer Contention Resolution Auction Services, such as a customized ascending clock auctions,  to help competing applicants for new TLDs resolve their contention prior to last resort auctions being offered by ICANN.

“This joint venture with Heritage exponentially expands our footprint for live auction and live online auction services for the domain industry,” said Cahn, President of RightOfTheDot, LLC.  “Our exclusive partnership provides the industry with a unique, worldwide live auction platform that hasn’t existed until now. Heritage’s leading technology and long history combined with our industry experience and success is custom made to offer the very best service to the entire domain name industry for years to come.”

Heritage Auctions has completed more than $8 Billion in auction transactions since 1976, is the world largest collectibles auctioneer and the third largest auction house in the world.

Heritage’s website is among the most-trafficked websites on the web and it has offices and buying capability all over the world.

The company is licensed in all 50 States and has clients in 186 countries, holding more than 500 auctions in 38 unique categories per year.

The Intellectual Property Division is headed up by another domain industry pioneer, Aron Meystedt.

“Heritage thinks that this partnership with RightOfTheDot is a win-win for all involved,” said Meystedt. “Right of the Dot is well-connected and has tremendous experience navigating the domain industry. Both sides in this partnership bring valuable expertise and services.”

Meystedt has 10 years of experience in domain name valuations, sales and development. He is credited with owning the first domain name registered on the Internet: Symbolics.com.

RightOfTheDot, LLC was founded in 2010 by Monte Cahn and Michael H. Berkens, Esq., two well-known domain industry veterans.  With a combined 30 years of experience, Michael and Monte have participated in more than $350,000,000 in domain sales, advised and assisted in launching many of the existing 22 gTLDs, and pioneered many domain industry products and services.

For more info on Premium TLD and Contention Resolution Auctions, Contact Info@RightOfTheDot.com +1954-288-6810.

.CLUB Partners with RightOfTheDot.com for “Category Killer” Premium & Founder Program Domain Sales and Strategy

Although I rarely write about projects I’m personally working on, I’m delighted to announced that .CLUB Domains, LLC, the company formed to own and operate the new “.CLUB” generic top-level domain name (gTLD), has partnered with Internet consulting and advisement firm RightOfTheDot, LLC to help facilitate and manage the release, placement and auction of certain super premium and Founder .CLUB domain names.

Super premium names may include such “category killers” as a.club, e.club, 888.club, chess.club, poker.club, insurance.club, golf.club, country.club, wine.club and car.club, just to names a few of the natural terms on the left of the dot that go perfectly with the right of the dot.

Premium sales of .Club domain names are expected to begin in early 2014, after companies have had a chance to secure trademark names through a sunrise period.

As most of you know, the publisher and editor of TheDomains.com,  Michael Berkens, is a Director, Partner and Founder of RightoftheDot.com.

New web addresses with the .CLUB extension are expected to be among the most popular new gTLDs to hit the market in early 2014, and is ranked in the top 30 of all new gTLD pre-reservations on 1and1.com which has received over 4 Million pre-reservations

The word “CLUB” is recognized in nearly every language and appeals to many different categories of people, including membership organizations, affinity groups, loyalty clubs, athletic organizations, country clubs, social clubs and many more.

“The word `club’ is a great choice for a web extension because it’s recognizable, short, memorable and meaningful, which are all vital components for websites that want to attract visitors and create communities,” said Monte Cahn, co-founder and president of Right of the Dot, LLC. “We expect tremendous interest around .CLUB from all over the world and are excited to be part of the launch.”

RightOfTheDot, LLC was founded in 2010 by two well known domain industry veterans, Monte Cahn and Michael H. Berkens, Esq. who have a combined 29 years of domain industry experience and have participated in more than $350,000,000 in domain sales.

Monte has advised and assisted in launching many of the existing 22 gTLDs, and pioneered many domain industry products and services such as: domain appraisals & escrow; live and online domain auctions; WHOIS privacy; and domain theft protection.

“No firm has more experience, network and knowledge to showcase some of our top names,” said Colin Campbell, chairman and CEO of .CLUB Domains. “When it comes to finding the right buyers and partners for super premium names, Monte and Michael were a clear choice. We’re expecting the premium name sales to be robust and exciting, as organizations understand the power of the word `club” for bringing people together around shared passions, common interests and exciting destinations. RightOfTheDot has also advised us on strategy and has made great industry introductions that will help with the success of our company long term.”

Formed in 2012 and backed by $8.2 million from private investors, .CLUB will enable clubs, membership organizations or others sharing a common interest to establish memorable “yourname.club” Web addresses.

Every day, people form communities and groups around every imaginable interest, and .CLUB makes it easier than ever for them to acquire a Web address that is convenient, holds meaning and has marketing value.

About .CLUB Domains, LLC

Led by Internet entrepreneur Colin Campbell, whose prior successes include Tucows Interactive and Hostopia.com, and GeeksforLess.com, .Club Domains, LLC was formed for the purpose of becoming the .CLUB gTLD registry. Fully understanding the inherent marketing value of a .CLUB domain for any membership organization, .CLUB is also building a comprehensive social platform for club management.

.CLUB is a one-stop shop for clubs of all sizes to secure a great domain, grow club membership, improve member engagement and reduce management costs. By combining an easy to use web services platform with a top level domain based on a globally recognized term, .CLUB is “the easiest way to find, join or start a club.” More information and pre-registration of .CLUB domains is available now at dotclub.com.

About RightOfTheDot, LLC

RightOfTheDot, LLC is an Internet consulting and advisement firm specializing in new and existing TLD strategies, contention resolution and private auction services, board advisement, premium domain and market positioning, sales and services. The new venture is the brainchild of two successful domain and Internet industry veterans, Monte Cahn and Michael H. Berkens, Esq., who posses a unique combination of vision, leadership and domain expertise.

This highly qualified consulting group gives you access to the most experienced domain sales and marketing strategists in the industry.

Both principals of RightOfTheDot are members of the prestigious Domain Hall Of Fame and combined have sold more than $350,000,000 in domain names.

The Domain Name Association (DNA) Launches Today & RightOfTheDot.com Is a Founding Member

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I wanted to share with you a Press Release from the The Domain Name Association (DNA), which officially launched today.

As a Director of RightoftheDot.com we are proud to be a Founding Member of the Organization.  Other Founding members are: ARI Registry Services, Demand Media, Donuts, FairWinds Partners, Go Daddy, Google, Momentous, United TLD, and WhatBox?. DomainsBot Inc. and Minds + Machines

“The association will promote the interests of the domain name industry by advocating the use, adoption, and expansion of domain names as the primary tool for users to navigate the Internet.”

So it should benefit domain holders as well (except serial trademark infringers)

My other company, Worldwide Media, Inc, continues to be a Silver member of the Internet Commerce Association (ICA)

Here is the press release:

As the Internet faces a historic transformation with hundreds of new domain names coming online, an international nonprofit organization has been created to promote the interests of the domain name industry by advocating the use, adoption, and expansion of domain names as the primary tool for users to navigate the Internet.

“The domain name industry sorely lacks a vocal advocacy body that is prepared to fight for our commercial interests, and this is the gap the Domain Name Association is going to fill as the first-ever domain name industry trade group”

The Domain Name Association (DNA), launched today by companies active in the Internet sector, will educate Internet users around the world about the benefits of domain names, with a specific focus on the imminent introduction of new Top-Level Domains which will revolutionize the way we navigate the Internet. The DNA will develop educational resources and campaigns to prepare users for these changes and support the success of the new domains.

Membership is open to organizations involved in all aspects of managing domain names, including domain name registries, registrars, resellers, and registry service providers. Founding members serving on an Interim Board include ARI Registry Services, Demand Media, Donuts, FairWinds Partners, Go Daddy, Google, Momentous, United TLD, and WhatBox?. DomainsBot Inc., Minds + Machines, and RightOfTheDot, LLC are also Founding members.

The DNA aims to play a key role in helping individuals, businesses, and public-benefit organizations understand the benefits and take advantage of the upcoming expansion of Internet domains. It will also promote, advance, and support the common interests of the domain name industry with respect to provisioning, expanded adoption, and use of domain names.

“The domain name industry sorely lacks a vocal advocacy body that is prepared to fight for our commercial interests, and this is the gap the Domain Name Association is going to fill as the first-ever domain name industry trade group,” said Adrian Kinderis, Chair of the Interim Board of the DNA.

“As such, we are ideally placed to help Internet users learn about the upcoming new Top-Level Domains and to help them navigate the changing Internet landscape. We will also work to build trust, exchange ideas, educate, and raise awareness of domain related issues within the industry, and we invite all stakeholders in the domain name industry to join the DNA and work together in support of our shared objectives.”

The DNA’s first priority will be to educate Internet users around the world about new Top-Level Domains. Many Internet users are unaware that these changes are coming and they may be confused when they first arrive. The DNA is already working to develop educational resources and campaigns to prepare end users for these changes and ensure the success of the new domains. An example of the group’s efforts is the informative website whatdomain.org, an educational resource about the new Top-Level Domain program.

DNA membership is organized as a multi-tiered structure that accommodates various levels of interest and desire for participation in the work of the DNA. More information is available on the DNA website.

Industry participants are invited to join the DNA to collaborate with peers to promote and ensure mutual success through a period of major change. DNA membership will solidify a company’s role as a critical player in the next phase of the growth of the Internet, with the opportunity to influence important industry policy decisions. Members can also leverage the DNA’s marketing and education programs in their own activities, and they will receive exclusive information via newsletters and bulletins, as well as access to research results.

About the DNA

The Domain Name Association (the DNA) is a non-profit business association that represents the interests of the domain name industry. It is independent and global in scope, and its membership is open to organizations involved in the provision, support, and sale of domain names, such as domain name registries, registrars, resellers, and registry service providers.

Founding members serving on an Interim Board include ARI Registry Services, Demand Media, Donuts, FairWinds Partners, Go Daddy, Google, Momentous, United TLD, and WhatBox?. DomainsBot Inc., Minds + Machines, and RightOfTheDot, LLC are also Founding members.

The DNA’s mission is to promote the best interests of the domain name industry by advocating the use, adoption, and expansion of domain names as the primary tool for users to navigate the Internet. More information is available at www.thedna.org.

Sedo to Auction Rare & Never Before Released .Asia Domain Names Including 1 & 2 Letter/Number Domains

Sedo.com announced today a strategic partnership with DotAsia, the organization charged with running the .Asia top-level domain (TLD) and RightOfTheDot.com, a leading domain industry consultancy, to auction a series of rare and never-before-released domain names.

Through these auctions, approximately 1,300 one and two character domain names such as 8.asia, 28.asia, and X.asia will be offered to the public for the first time.

For more information on the pending auctions, visit sedo.com/us/asia.

The release will begin with a Sunrise offering of one and two character domains that starts on October 22, 2013 and ends on October 30, giving trademark owners an opportunity to register domains that contain their owned marks.

A Landrush period will follow, running November 5-13, enabling the general public to register additional premium one and two character .Asia domains.

“With the imminent launch of new domains joining extensions like .Com, .Net and .Org, interest in alternative extensions is on the rise, which is something that data from our marketplace has clearly shown,” said Sedo’s CEO, Tobias Flaitz.  “It makes perfect sense that companies, individuals and domain investors alike would want to acquire domains that identify them with the fastest growing Internet marketplace in the world, and we’re excited that DotAsia selected Sedo to help bring some of their best domains to market.”

In July 2013, DotAsia announced that it chose RightOfTheDot, LLC as its partner to help facilitate and manage the release and auction of one and two character, and three and four numeric .Asia domains. After researching various Sunrise and Landrush offerings, RightOfTheDot and .Asia selected Sedo for its reach and experience as the best auction partner to bring new premium domains to the Asia market.

“Asia is the Internet’s fastest growing market and there are more than 500,000 .Asia names already registered to date!  In addition, large corporations are already using their .Asia domains with sites such as Honda.asia and LiveNation.asia,” said Monte Cahn, President and Director of RightOfTheDot, LLC. “Having participated in the successful launch of .Asia in 2008, we are excited to work with DotAsia and Sedo in managing the successful release of these never before registered premium .Asia domain names.”

With expanding economies and growing access to technology, Asia has one of the world’s largest and fastest growing Internet populations.  For example, China currently has more Internet users than any other country, with 591 million people online.  However, that number only accounts for 42 percent of the country’s population, leaving considerable room for growth.  In contrast, many Western nations already have Internet penetration rates higher than 80 percent.

“The right .Asia domain can provide instant access to the fastest growing and one of the most dynamic regions of the world,” said Edmon Chung, CEO of DotAsia.  “With Sedo’s reach and experience bringing premium domains to market, we’re confident that we’ll be able to get some of the best .Asia domain names into the hands of the right companies and individuals to increase their online visibility online and improve navigation for Internet users.”

Later this year, DotAsia and RightOfTheDot will partner with Sedo to hold additional premium auctions for a portion of the three and four character numeric domains such as 2013.asia, 168.asia and 888.asia.

Those auctions will be announced at a later date.

About DotAsia Organization:

The DotAsia Organization is the Sponsoring Organization and Registry Operator for the .ASIA Sponsored Generic Top Level Domain. DotAsia is a not-for-profit, community-based organization incorporated in Hong Kong. Asia has developed into a global force in the international commercial, political and cultural network. The .ASIA domain aspires to embrace this dynamism in the Asia Century to become a nucleus, intersection and breeding ground for Internet activity and development in the region.

About RightOfTheDot, LLC:

RightOfTheDot, LLC is an Internet consulting and advisement firm specializing in new and existing TLD strategies, contention resolution and private auction services, board advisement, premium domain and market positioning, sales and services. The new venture is the brainchild of two successful domain and Internet industry veterans, Monte Cahn and Michael H. Berkens, Esq., who posses a unique combination of vision, leadership and domain expertise. This highly qualified consulting group gives you access to the most experienced domain sales and marketing strategists in the industry. Both principals of RightOfTheDot are members of the prestigious Domain Hall Of Fame.  Together, they have participated in more than $350,000,000 in domain sales and assisted in the successful launches of 15 of the existing 22 sTLDs and gTLDs, in addition to several ccTLDs available today.

About Sedo:

Sedo, an acronym for “Search Engine for Domain Offers,” is the leading domain marketplace and monetization provider. Headquartered in Cologne, Germany and with offices in London, England and Cambridge, Mass., Sedo has assembled the world’s largest database of domain names for sale, with more than 17 million listings. The success of Sedo’s model has attracted a global base of more than 2 million members.

(Disclaimer the author and publisher of this blog is a Director of RightoftheDot.com)