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The ROTD Domain Auction At Namescon Tops $5.5 Million In Bids

Posted on December 24, 2015
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The RightoftheDot.com domain name auction being held live/online on January 11, 2016 has now topped $5.5 Million in Pre-bidding on Namejet.com

In all there are 325 domain names with at least one bid and about 250 of those have more than one bid.

About 125 domain names will be in the live auction with the rest staying opened for bidding on Namejet.com until January 21st.

There are 12 domain names with a high bid in the 6 figures or higher.

43 domain names have a bid in the five figures or higher.

Moreover just as a tease, several GREAT one word .com domain names were just added for pre-bidding to NameJet.com at NO Reserve (although they already have bids without any announcement).

We will be highlighting some of these domains on Monday after the holiday, but one of the domains just added to the auction at No Reserve has an Estibot value of over $5,000,000.

I don’t know if I have ever seen a domain with a $5 Million valuation, offered for sale at no reserve.

Anywhere at anytime.

Another newly added no reserve .com domain name has an Estibot.com value of over $500,000 and a third .com is a major tourist region in Europe and has an Estibot.com of over $150K (low in my opinion)

Anyway those domains are also now live on Namejet.com with a few others including yet another three letter .com, feel free to do a little happy hunting to see which domains they are.

In the meantime we wish you and your family a Merry Christmas and happy holiday.

 

 

19 thoughts on “The ROTD Domain Auction At Namescon Tops $5.5 Million In Bids”

  1. mark says:
    December 24, 2015 at 10:47 am

    wow
    the $5m estibot valued name must be two letters?

  2. Vincent Jacques says:
    December 24, 2015 at 10:57 am

    Merry Christmas to you and Judi as well!

  3. Peter says:
    December 24, 2015 at 11:40 am

    Kinda weird information at NameJet. When I checked a listing of CCJP.com, it showed Estibot valuation of $3,200, but Estibot.com shows $3,900 on its site. Is there some glitch or sync problem? You better fix it before auctions start to heat up.

    1. mark says:
      December 24, 2015 at 12:44 pm

      I’m guessing its a manual update on estibot valuation shown at namejet.
      noticed another one couple weeks ago, a two letter that was up 100k more at estibot that it showed at namejet for estibot value, estibot is not static and changes with changing comps. so if the estibot value at namejet is just typed in, it will vary.

      1. Peter says:
        December 24, 2015 at 1:03 pm

        Somebody from NameJet just manually entered Estibot valuations to the listings when they were added to the auction? What a joke! Shame on you, all of you … NameJet, NamesCon, ROTD. Unbelievable.

  4. Steve says:
    December 24, 2015 at 12:56 pm

    I could create a better platform that Estibot for domain valuation. But it would require many more data sets, but is there really a market for such a platform? Home , car, tangible asset(s) value – of course. But with all the new GTLDs, it’s a challenging task.

    What’s the value of 8.xyz or yacht.club?

    Have a great auction, and may there be several high bids.

  5. Tony says:
    December 24, 2015 at 1:41 pm

    I see Berkens although semi-retired and sold off his portfolio to Godaddy is a bidder in at least a handful of these auctions. So much for semi-retirement.

    1. Domain Shame says:
      December 24, 2015 at 5:15 pm

      That’s why it’s called semi not full retirement. Good luck Mike

  6. STRIKER says:
    December 26, 2015 at 10:46 am

    90% of the domains in this auction are junk. Junk Auction.

    Pass.

  7. Steve says:
    December 26, 2015 at 12:08 pm

    I believe wi.com will be the biggest score. Surprised Google has not bought this one via a broker iin the past.

    Personal favorites:

    Degree.com
    Degrees.com
    Auctions.com
    Labs.com
    Text.com
    Lodges.com
    Genetics.com
    Feel.me (.me extension is becoming very popular in China — Alibaba invested $1.25 Billion in Ele.me, this week, the food delivery service in China, giving it a valuation of $12 Billion – the highest valuation for any company that does not use a .com for its primary site, unless you consider abc.xyz for Alphabet. China has just started embracing .me because it’s short and catcht)

    1. mark says:
      December 26, 2015 at 1:51 pm

      With a 27.7% stake according to Techcrunch, a $1.25 billion investment from Alibaba into Ele.me would put the valuation for Ele.me just under $5 billion, but that’s still a big number for another chinese startup with a short domain.

      By all appearances it looks like were still in the early stages of a very big dot com boom in China.
      That’s why, in the big picture, a million or two for a domain name, is still small compared to the valuations of the companies they are building on these names.

      The article also says JD.com is an investor in Ele.me.
      Interesting! One short domain China ecommerce giant, investing in another emerging short domain giant.

  8. Michael Berkens says:
    December 26, 2015 at 1:08 pm

    Peter

    Namejet.com has been adding estibot to every listing since October not just his auction, but pending delete, pre-release, privately owned, every listing they have.

    Wake up

    http://www.domaininvesting.com/namejet-changes-to-auction-pages-estibot-value/

  9. Michael Berkens says:
    December 26, 2015 at 1:11 pm

    Tony

    I sold off the vast majority of the portfolio but still own over 10,000 domain names, a lot more than many, non-semi retired domainers

    1. mark says:
      December 26, 2015 at 1:54 pm

      Frankly, glad to see you still have such a big stake in the space remaining.
      The industry is far better off having you still around imo.
      Even if you’re going to be at a more relaxed pace!

    2. mark says:
      January 4, 2016 at 9:13 am

      Huge stockmarket selloff in China today. Market halted, due to circuit breakers, down 7%

      You can bet the drive to seek alternative asset classes just got even more urgent.

  10. Michael Berkens says:
    December 26, 2015 at 1:12 pm

    Vincent

    Thank you same to you and your family

    Healthy and happy new year too

  11. Steve says:
    December 26, 2015 at 2:53 pm

    @Mark

    You’re right. That would put the valuation of ele.me at a little over $5 Billion, unless Alibaba had a previous investment, which would raise its valuation.

    Unlike many of the Silicon Valley unicorns with nominal or any revenues, Ele.me revenue growth is substantial — $hundreds of million.

    I sold many .me domains way too cheap, but that’s life. Michael Berkins and Rich Scwartz are much better than I am at turning down offers and holding their grounds.

    China loves short names, no doubt due to the smartphone being the primary vehicle for accessing the web.

    3 letter .me names may become popular in China. But never as popular as 3 letter .com names.

    I can’t think of a company with a valuation over $5 Billion USD that uses a non .com for its main site/brand, other than again, abc.xyz and ele.me.

    Zhong.cn is now using zhong.com

    1. mark says:
      December 26, 2015 at 10:57 pm

      if there are 4,000 new startups a day in china, the pressure on domain valuations
      is going to continue.

      given that online ecommerce in china is driving valuations like Alibaba at 200+ billion,
      JD.com at 45 billion, etc. we’re going to see plenty of chinese online ventures with
      market caps much bigger than many big, successful american companies. and any one
      of these ventures could buy up the entire existing domain universe at the price points that
      most domainers are willing to sell at.

      the mobile web is not just about apps. with the ever increasing functionality of html5 for mobile websites,
      and on the web, you’re not controlled by the app gatekeepers of apple and alphabet/google. the web
      is more more independent than the app universe, which makes sense for china. but the mobile web
      still starts with a domain name. if you want to remain independent of the app universe and the companies
      that control the winners and losers there, you need a great, and ideally, short domain name as a starting point.

  12. Steve says:
    December 27, 2015 at 5:25 pm

    @Mark

    I think you’re right on per your take with the mobile web in China. I assume many of the mobile apps/sites in China were built on HTML5.

    I used to brand products for some large companies and we would never use a name/domain over 9 letters. China seems to prefer names /brands with fewer than 7 letters.

    I see entrepreneurs and investors from China buying domains (premium, short, LLL, NNN) for some time.

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