Jay Westerdal Suggests Auction for Single Letter Domains
And why not.. They auction new airwaves and radio frequencies.. Why not coveted domain names?
http://blog.domaintools.com/2007/10/single-letter-domain-auctions/
Google running with G.cn in China today, illistrates the allure of single character names.
Looking forward to this with great interest.
We are holding most of the Arabic, Hindi and Japanese Hirigana single alpabetics.
My guess is single ASCII Latin characters are going to go for around 8 Figures each.
I shall be happy if we get to 10% of that valuation for Arabics.
Fairness and Openness is the way onwards ! Keep the lead Jay, and don’t ever backtrack.
crinu
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GoDaddy’s new auction is just another incarnation of the private club auctions promoted by Moniker & Sedo (GreatDomains).
Only Jay Westerdal’s DomainTools fresh approach to Open Door Auctions can mainstream the trading of domains untrustworthy business, which is overly exposed by schillbidding and schillauctioning.
crinux.com
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Well, Jay just repeated GeorgeK’s auction idea (as he later admits in the comments).
I think the best idea is this, with the addition of Joop Ternstra’s idea of the auction proceeds not going to Verisign, but to ICANN, EXPLICITLY to be used to fund the formation of a Registrants’ Constituency.