breaks $40,000 on Go Daddy Auctions with two days to go

Well here’s an interesting one – is expiring and yes, like the title of the post says it’s now over $40,000 with two days to go. As we all know, if it’s at $40,000 now with two days to go, it’s going higher the question is how high, and why?

At first I was scratching my head, why would people be so interested in this made up word? Maybe you figured it out quicker than me but a quick Google search game me the answer – it’s one letter off of Instagram.

So, yes – people are bidding this because they expect that some percentage of people who are typing “Instagram” will screw up, type “Stagram” and end up here.

This seems like an incredibly risky domain name to buy IMO. Facebook has been known to be pretty intense when it comes to chasing after trademark and typo squatters and well, this seems like one they’d go after. To spend $50,000 on a domain just to lose it in a UDRP seems silly to me but maybe I’m missing something.

What do you think? Is it just me or does this seem pretty ridiculous?

Morgan Linton

Morgan Linton