Great Start to 2017 as Live Domain Auction Exceeds $1M in Sales

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.

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.

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!