The NamesCon – ROTD live domain name auction set a high bar for live auctions with over $1M in sales with roughly 75% of the lots selling in auction. The highest sale of the day was Single.com which went for $290,000 and many different extensions from .COMs to .HOSTING, to .XYZ saw active bidding from domain investors around the world.
![namescon-auction](/content/images/wp-content/uploads/2017/01/NamesCon-Auction.jpg)
The auction was run by domain name industry veteran Monte Cahn who has been a part of more auctions than I can possibly remember. Monte is known for having a good eye for solid names and prices that will lead to sales. With a 75% sell-through rate I think it’s safe to say he hit it out of the park once again.
NameBio did a great report looking back at what the names in the auction sold for previously and the % increase/decrease after yesterday’s auction. A lot of names are in the green with over 200% ROI which really shows how strong of an investment domain names continue to be.
![namescon-2017-sales](/content/images/wp-content/uploads/2017/01/namescon-2017-sales.png)
Huge congrats to Monte and the whole ROTD team and of course the team at NamesCon. Not a bad way to kick-off 2017.
What did you think of the auction? Any specific sales catch your eye. Comment and let your voice be heard!
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