Bido.com Blasts off on June 18.

by

After months of anticipation, we are happy to report that on June 18, 1:00 PM, Bido.com is launching its one domain, per day auction format.

With one daily domain auction, guaranteed minimum sale price to Sellers , a low 8% commission rate, and daily analysis from industry experts for each domain to be auctioned, Bido.com is truly taking a fresh approach to the exciting world of domain name auctions.

Here is the world exclusive list of the first 8 domains to be auctioned off on Bido.com:

DiscountImages.com June 18th
GolfIowa.com June 19th
RYY.com June 20th
GoldAuction.com June 21st
SpywareHelp.com June 22nd
DomainTalk.com June 23rd
VacantRoom.com June 24th
CerealBox.com June 25th

The most exciting part of the Bido.com formula is that each daily auction will start at just $1.

There are certainly many good domains on this list including an excellent 3 letter .com

With bidding starting at a buck it should be really interesting.

We wish the folks at DNzoom the best of luck with what certainly will be a very successful auction platform.

For more information, to register to bid or to sell check out http://www.bido.com/

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

Comments

  2. admin says

    WQ

    My understanding is during that the first week they are auctioning off their own domains to seed the auction.

    After this they will be auctioning off domains owned by third parties.

    If they accept a domain owned by a third party to be auctioned off in the bido system they will guarantee a price certain, so if the auction does not reach the guaranteed amount , Bido will reach in their own pocket to pay the difference, between the winning bid and the amount guaranteed to the domain owner.

    All auctions will start at $1, even those owned by third parties.

  3. Scott Kozlowski ("Koz") says

    Mike,
    While I think the idea behind BIDO is great, I don’t see from a liquidity standpoint how 350 name sales/yr is going to make a dent in this issue. Maybe, I missed it and they are going to expand these sales numbers after they find out what the demand is. Otherwise, if successful, the market could stand to have IMO upwards of 5 BIDO type marketplaces if they all used the same current one domain auction a day model.
    The last T.R.A.F.F.I.C./Moniker auction yielded approx. 329 names sold with 162 over $1000.00
    Rick Latona, yesterday, posted sales for the last 5-6 months of approx. 95 domains and said that’s only half the list. That puts him on pace to sell 400+ names this year.
    Demand seems to be there. Liquidity is an issue. This is a step in the right direction.