Monte Cahn Predicts NamesCon Auction Will Be Largest
It looks like Monte Cahn believes the upcoming NamesCon domain name auction will be the largest domain auction of all time.
Earlier this morning, Colin Campbell, CEO and founder of the .Club Registry posted the tweet below asking if NamesCon will be the largest auction:
— Colin.club (@ColinDotClub) January 4, 2016
Monte Cahn responded to the question without hesitation and left no doubt about his expectations for the auction:
Yes it will! https://t.co/0CS6VrB3So
— Monte Cahn (@MonteCahn) January 4, 2016
As you might recall, the largest domain name auction on record is Moniker’s TRAFFIC auction in 2007, which grossed $12.3 million in sales for the live and silent auction. The auction was held during the TRAFFIC conference in New York City. Monte Cahn was the founder of Moniker, and he organized that auction. Monte and his consulting firm (Right of the Dot) are also the organizers of this year’s NamesCon auction.
At the time of this post, there are nearly $6 million in bids in this year’s NamesCon auction with just over a week to go. The auction is being held on NameJet, allowing people to participate and bid remotely.
If you had to guess, do you think the auction will surpass the 2007 TRAFFIC auction that had $12.3 million in domain name sales?
Reach out to Elliot: Twitter | Google + | Facebook | Email