Right of the Dot and Heritage Auctions to Auction .Versicherung TLD

Over the weekend, I received an email from Monte Cahn announcing that his company, Right of the Dot, LLC, is teaming up with Heritage Auctions to sell the  .Versicherung new gTLD extension. The auction will be held on August 26th at 10am EST, and the auction format  will be an online ascending clock auction.

Versicherung is the German word for “insurance.” This domain name extension went into General Availability in September of 2014. There are approximately 3,000+/- .Versicherung domain names registered.

Monte shared more details about this new gTLD extension that I thought you might find interesting:

  • “There are over 3,000 domain names registered to the German speaking Insurance Industry at 99 euro’s a year with virtually no advertising, marketing or promotion.”
  • “Its a restricted TLD for the German speaking Insurance industry however, that restriction is by choice of the registry. Its not an ICANN requirement to keep it restricted so a buyer can open it up. There are also over 10K premium reserved names that we feel are extremely valuable for the insurance industry and who ever buys the TLD.”
  • “We believe there is great value in the premium lists where insurance agents, companies, affiliates, etc. could have the very best GEO and keyword names in a top industry string.”

Interested bidders must register in advance to bid, and they may do so by filling out the form on ROTD.com. Each bidder will be required to deposit $100,000 in escrow prior to the start of the auction. Upon registering, bidders will be sent an email with details about the rules of the auction and information about how to deposit funds in escrow. There will be practice auctions held in advance of the auction to ensure all bidders are familiar with the process.

More information about the auction can be found on the Right of the Dot website. Monte also mentioned that he is available to answer any questions that prospective bidders may have in advance of the auction.

Elliot Silver
Elliot Silver
About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Recent Posts

Squadhelp Adds Escrow.com as a Payment Option

1
Squadhelp has added Escrow.com as a payment option for buyers. The addition of the Escrow.com option was shared by ARIYAS on X this morning: 👍...

Some Thoughts on .AI Domain Names

19
There is no question that .AI domain names have become a hot topic of late. With considerable amounts of venture funding flowing into AI...

Handoff to Dan on Imported Leads Can be Confusing

0
I've been using the lead import option at Dan.com more regularly. Although the 5% commission is not ideal, transactions tend to move more quickly...

ArtificialIntelligence.com Goes Up for Sale

11
I tried to buy the ArtificialIntelligence.com domain name multiple times over the last 10 years. The emails I sent to the registrant went unanswered,...

EU Gives More IP Protection to Food & Drink Producers

0
Did you know that some well-known food and drink varieties are protected intellectual property regulations? Popular types of drinks and foods that are protected...