Heritage Auctions and RightOfTheDot, LLC announced today an exclusive joint partnership to provide live and online auction services for premium domains in new gTLD extensions that are being launched over the next several years.
Examples of premium domain names that may potentially be for sale via this new offering could include names like Night.Club, Tour.London, Hotels.NYC, Divorce.Law, Poker.Vegas, Concert.Tickets, and on, across the spectrum of recently created new domain space. The partnership will also continue to provide auctions of existing, established TLDs such as premium .Com domains.
Heritage Auctions recently completed its first Live domain name auction in its New York office and including online bidding, sales topped $1.5 Million dollars.
Heritage Auctions and RightOfTheDot also announced today they have partnered up to offer Contention Resolution Auction Services, such as a customized ascending clock auctions, to help competing applicants for new TLDs resolve their contention prior to last resort auctions being offered by ICANN.
“This joint venture with Heritage exponentially expands our footprint for live auction and live online auction services for the domain industry,” said Cahn, President of RightOfTheDot, LLC. “Our exclusive partnership provides the industry with a unique, worldwide live auction platform that hasn’t existed until now. Heritage’s leading technology and long history combined with our industry experience and success is custom made to offer the very best service to the entire domain name industry for years to come.”
Heritage Auctions has completed more than $8 Billion in auction transactions since 1976, is the world largest collectibles auctioneer and the third largest auction house in the world.
Heritage’s website is among the most-trafficked websites on the web and it has offices and buying capability all over the world.
The company is licensed in all 50 States and has clients in 186 countries, holding more than 500 auctions in 38 unique categories per year.
The Intellectual Property Division is headed up by another domain industry pioneer, Aron Meystedt.
“Heritage thinks that this partnership with RightOfTheDot is a win-win for all involved,” said Meystedt. “Right of the Dot is well-connected and has tremendous experience navigating the domain industry. Both sides in this partnership bring valuable expertise and services.”
Meystedt has 10 years of experience in domain name valuations, sales and development. He is credited with owning the first domain name registered on the Internet: Symbolics.com.
RightOfTheDot, LLC was founded in 2010 by Monte Cahn and Michael H. Berkens, Esq., two well-known domain industry veterans. With a combined 30 years of experience, Michael and Monte have participated in more than $350,000,000 in domain sales, advised and assisted in launching many of the existing 22 gTLDs, and pioneered many domain industry products and services.
For more info on Premium TLD and Contention Resolution Auctions, Contact Info@RightOfTheDot.com +1954-288-6810.
I’ll just stay here and congratulate you all day!!
Way to go!
Best Addresses Right Of The Dot Locations, Zip Codes, Business e.g. CarYards.com/au No1 Dot com ~
Smart … smart … smart!
Lots of ‘easy’ money to be made in the new gTLD Contention Resolution Mechanism/Solutions arena. Teaming with one of the most reputable auction houses – Heritage Auctions – and offering what I assume to be unique auction offering(s), such as “customized ascending clock auctions” will certainly help differentiate you from the current Contention Resolution providers.
Congrats!
Steve
No amount of money is ever easy money, I think few domainers will compete in these auctions, and end users will be skeptical, so who does that leave the Chinese?
Congrats to Monte and Michael, Great partnership! Continued success to all involved!
Cheers!
smart partnership.
Congrats!
It will be interesting to see who will be doing the buying ? and with what purpose?
Time will tell.
And since there is some much Venture capital I wonder if there coud be a bit of Collusion? in the good sense of the word (you buy mine and I’ll buy yours), as a matter of fact If I am not mistaken one of the players already stated to that effect….