On December 5, 2007, the third and final .MOBI auction was scheduled to close on Sedoââ¬â¢s domain auction platform. In line with the previous two …
On December 5, 2007, the third and final .MOBI auction was scheduled to close on Sedoââ¬â¢s domain auction platform. In line with the previous two .MOBI auctions, the available domains garnered significant attention and received many competing bids in the seven days the auction ran. The domains received so much attention in the final moments that Sedoââ¬â¢s auction servers crashed before the completion of the auctions, rendering our system incapable of processing many validly submitted bids, including proxy bids set by userââ¬â¢s using the feature to automatically bid up to a maximum amount, and sending out winner notifications in error.
While Sedo takes steps to ensure the stability and security of our services, the crash that occurred could not have been predicted given traffic spikes more than ten times higher than anticipated by previous high-traffic auctions. Decisions were made with the intention of protecting all parties involved, but as we have learned from investigating the crash more carefully since December 5th, the auction was compromised and as such, DotMobi has exercised its right to declare the auction results void and will conduct a new auction at Sedo.com beginning on January 23rd, 2008. Sedo will be contacting everyone who participated in the auction to inform them of this decision.
Sedo apologizes for any delays responding to user concerns about the close of the auction, but a thorough investigation was necessary to determine what exactly occurred when the servers failed. As the worldââ¬â¢s largest marketplace for buying and selling domain names, we take great pride at Sedo in our efforts to ensure the operation and security of our marketplace at all times. While this crash has forced us to reconsider the maximum levels of traffic our site may receive at any given time, we can ensure all of our users that steps are being actively taken to strengthen our protective measures to ensure any auctionââ¬âwhether one domain or special auction event such as .MOBIââ¬ârun smoothly and close without any of the problems we experienced on December 5th.
Thank you for your understanding and best wishes from Sedo during this holiday season!
This news release is also available from www.sedo.com/links/showhtml.php3?Id=1619&tracked=1&partnerid=21172&language=us