Tag Archives: RightOfTheDot

.Asia Registry Partners with NameJet & RightOfTheDot.com to Auction Premium 3-4 Character Numeric .Asia Domains

DotAsia logoDotAsia Organisation, registry operator of the ‘.Asia’ top-level-domain, announced that it has partnered with NameJet.com and RightOfTheDot.com to auction a series of never-before-released premium numeric domain names.

Through these auctions, approximately 150 three and four character numeric .Asia domain names such as 333.asia, 777.asia and 8888.asia will be offered to the public for the first time.

The auctions are scheduled to begin on May 1st, 2014 although they are all opened now for backordering and bidding

NameJet is a proven leader in the Asian auction marketplace in that approximately 30% of NameJet visitors in the past year came from Asia. NameJet has recently auctioned numerous premium Chinese .COM domains and numeric domain names, highlighted by liu.com selling for $155,688 in January 2014 on the NameJet platform. “We have had great success selling domains to Asian buyers,” said Matt Overman, General Manager of NameJet. “Numeric domain names are highly prized by our customers and we’re excited to continue to grow this inventory.”

“The recent success of NameJet in targeting buyers in Asia has been impressive,” said Edmon Chung, CEO of DotAsia. “Trying some of our numeric names on the NameJet platform makes a lot of sense. Hopefully we can take advantage of the momentum they have built. Three and four character numeric domain names are universally understood, easy to remember and very popular in the East. Not only are they short and meaningful names, they also contain a keyword and geographical identifier – Asia, increasing the chances of being found by people and search engines alike.”

“Large corporations are already using their .Asia domains with sites such as Honda.asia and LiveNation.asia,” said Monte Cahn, President and Director of RightOfTheDot.com, a leading domain industry consultancy firm specializing in new and existing premium domain sales and strategy, contention resolution and auction services. “Having participated in the successful launch of .Asia in 2008, we are excited to work with DotAsia and NameJet in managing the successful release of these never-before-registered premium .Asia domain names.”

Looking at the “Top 100 sales of 2014” as recognized by DNJournal.com, 13 out of the top 21 sales are for the China market, including 100.com which sold for $950,000. In 2013, another three-character numeric domain, 114.com, was sold for a whopping 2.1 million dollars. With expanding economies and growing access to technology, Asia has one of the world’s largest and fastest growing Internet populations. For example, China currently has more Internet users than any other country, with 600 million people online. However, that number only accounts for 42 percent of the country’s population, leaving considerable room for growth. In contrast, many Western nations already have Internet penetration rates higher than 75% percent.

For a full list premium 3-4 character .Asia domains please visit www.namejet.com/featuredauctions/dotasia.

About DotAsia Organisation

The DotAsia Organisation is the Sponsoring Organization and Registry Operator for the .ASIA Sponsored Generic Top Level Domain. DotAsia is a not-for-profit, community-based organization incorporated in Hong Kong. Asia has developed into a global force in the international commercial, political and cultural network. The .ASIA domain aspires to embrace this dynamism in the Asia Century to become a nucleus, intersection and breeding ground for Internet activity and development in the region.

About NameJet

NameJet is a joint venture between Demand Media, Inc. [DMD] and Web.com Group, Inc. [WWWW] who each own two of four leading ICANN-accredited registrars (eNom, Name.com, Network Solutions and Register.com). Launched in 2007, NameJet serves domain investors, Fortune 500 companies, small and medium-sized businesses, as well as a diverse and global mix of individual investors. It has processed more than 300,000 domain auctions, establishing itself as a trustworthy and transparent auction platform that is customer-focused and user-friendly.

About RightOfTheDot, LLC

RightOfTheDot, LLC is an Internet consulting and advisement firm specializing in new and existing TLD strategies, contention resolution and private auction services, board advisement, premium domain and market positioning, sales and services. The new venture is the brainchild of two successful domain and Internet industry veterans, Monte Cahn and Michael H. Berkens, Esq., who possess a unique combination of vision, leadership and domain expertise. This highly qualified consulting group gives you access to the most experienced domain sales and marketing strategists in the industry. Both principals of RightOfTheDot are members of the prestigious Domain Hall Of Fame. Together, they have participated in more than $350,000,000 in domain sales and assisted in the successful launches of 15 of the existing sTLDs and gTLDs, in addition to several ccTLDs available today.

This RightOfTheDot news release was sourced from:
rightofthedot.com/2014/04/asia-registry-partners-with-namejet-rightofthedot-com-to-auction-premium-3-4-character-numeric-asia-domains/

New Internet Top Level Domain “.One” Goes to Highest Bidder in Historic Auction

RIGHToftheDOT logo[news release] RightOfTheDot™, LLC, one of the most well-known domain industry auction Internet consulting and advisement firms, announced today that they and their partner Escrow.com have facilitated the contention set auction of the new gTLD Web address “.One,” which is expected to be one of the most sought-after new TLD (Top Level Domain) properties on the Internet.

The winning bidder for the new TLD extension is One.com, which will act as the worldwide registry for .One domains.  They will be offering such super premium names as “number.one,” “the.one,” “only.one” “best.one” and countless others to individuals, retailers and e-commerce sites throughout the world.

The .One TLD auction marks the first time the “Single Sealed Bid Second Price” auction method was used to resolve contention between competing applicants wanting to run a new top level domain extension.  The new method, developed by RightOfTheDot™, is unlike the traditional ascending clock auction in that it provides complete customization and flexibility in when the auction will be held, how the funds will be disbursed, payment timing, application withdrawal, auction timing, auction type, and more.   The results from a Single Sealed Second Price Auction generally yield fairer and lower winning bid prices, less bid rigging, less confusion, and less time to determine a winning applicant.

 

“Our Single Sealed Bid Second Price auction method protects the participants from `auction fever,’ which often causes over-bidding as people get emotionally tied to the process of winning at any cost due to time committed and sometimes throw their budgets out the window,” said Monte Cahn, President of RightOfTheDot™.  “This potentially results in less money and resources to successfully launch and market the new TLD participants are bidding for.”

“We also believe the flexibility of our solution completely sets us apart from other auction methods and companies currently available,” added Cahn.  “It’s our philosophy that the applicants in each contention set should be the ones to determine when, where and how the auction should be held; and how funds are disbursed, whether to the non-winning bidders, a third-party charity or industry association, or a combination of all. These decisions will vary by contention set depending on the TLD and the participants in each contending set.”

 

”We choose to use RightOfTheDot’ Single Sealed Bid Second Price auction and received a trustworthy and transparent service in the contention of .One,” said Ronni Engelhardt Andersen, the CFO of One.com. “This was the right auction model for us, as the time and efforts needed to do the auction were balanced, and the contention was solved in a fair way.”

 

“Ultimately, the flexibility of RightOfTheDot™ in conducting an auction that satisfied all parties’ needs within the contention, rather than sticking to predefined rules, is the main reason why we continue to engage with Monte and Michael,” said Ben Anderson, Product Director and Head of New gTLD Services at NetNames. “With the resolution of contention being, in some cases, more complex than the application process itself, applicants need a partner they can trust and one that is willing to make changes to their own process to accommodate nervous applicants.”

“We are extremely satisfied with both the outcome and the path taken to achieve it,” said Sandeep Ramchandani, Business Head of Radix, one of the applicants for .One. “Monte and Mike from RightOfTheDot™ were great to work with. They demonstrated tremendous patience and flexibility in designing and executing an auction that met the specific expectations of both parties. We would like to congratulate the One.com group on winning the .One contention set.”

RightOfTheDot™ also recently announced its exclusive partnership with Heritage Auctions. Heritage Auctions and RightOfTheDot™ will offer additional Contention Resolution Auction Services, such as online customized ascending clock and traditional step auction services to help competing applicants for new TLDs resolve their contention prior to last resort auctions being offered by ICANN. They will also work together to auction premium and super premium new TLDs and existing domains through live and live online auctions.

About RightOfTheDot, LLC RightOfTheDot, LLC is an Internet consulting and advisement firm specializing in new and existing TLD strategies, contention resolution and private auction services, board advisement, premium domain and market positioning, sales and services. Well-known industry veterans Monte Cahn and Michael H. Berkens, Esq founded the Company in 2012 with a combined 30 years of experience. They have participated in more than $350 Million in domain sales, brokerage and domain auctions.

They advised and assisted in launching 15 sTLDs and gTLDs, in addition to several TLDs available today, and pioneered many domain industry products and services currently used as standards . The Company is a licensed Business Auction Corporation in the state of Florida, with the exact purpose and description for conducting contention resolution auctions between competing TLD applicants. Both Monte and Michael are members of the prestigious Domain Hall Of Fame.

This RightOfTheDot news release was sourced from:
rightofthedot.com/2014/02/new-internet-top-level-domain-“-one”-goes-to-highest-bidder-in-historic-auction/

Heritage Auctions and RightOfTheDot.com Partner To Provide Auctions Of New gTLD Domains

RIGHToftheDOT logo[news release] An exclusive joint partnership has been announced between Heritage Auctions and RightOfTheDot, LLC to provide live auctioneer and live online auction services for premium domains in new TLD 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 and RightOfTheDot will also offer additional Contention Resolution Auction Services, such as a customized ascending clock auction service to help competing applicants for new TLDs resolve their contention prior to last resort auctions being offered by ICANN.

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.

“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.

This RightOfTheDot news release was sourced from here.

Domain Name Association Launched To Educate On Domains

The Domain Name Association was launched yesterday (28 October) with the goal of educating internet users, promoting expansion of top level domains promoting the usage of domain names.The founding members serving on an Interim Board include ARI Registry Services, Demand Media, Donuts, FairWinds Partners, GoDaddy, Google, Momentous, United TLD and WhatBox?. DomainsBot Inc., Minds + Machines and RightOfTheDot, LLC are also founding members.”For too long the domain name industry has relied on ICANN to defend our commercial interests, even though this is not ICANN’s responsibility,” Adrian Kinderis, Chair of the Interim Board of the Domain Name Association Goldstein Report last week. “The formation of the Domain Name Association reflects a maturation of our industry in the corporate sphere and presents a united front in the promotion of domain names as the primary tool for users to navigate the internet.””I strongly encourage everyone involved in the industry to join the Domain Name Association and contribute to our collective growth.”More information is in the news release below:New Non-Profit Launched to Support the Growth and Development of the Internet Domain Name Industry [news release]The Domain Name Association seeks to educate Internet users and promote expansion, usage of domain names; and curates educational resource whatdomain.orgAs the Internet faces a historic transformation with hundreds of new domain names coming online, an international nonprofit organization has been created to promote the interests of the domain name industry by advocating the use, adoption, and expansion of domain names as the primary tool for users to navigate the Internet.The Domain Name Association (DNA), launched today by companies active in the Internet sector, will educate Internet users around the world about the benefits of domain names, with a specific focus on the imminent introduction of new Top-Level Domains which will revolutionize the way we navigate the Internet. The DNA will develop educational resources and campaigns to prepare users for these changes and support the success of the new domains.Membership is open to organizations involved in all aspects of managing domain names, including domain name registries, registrars, resellers, and registry service providers. Founding members serving on an Interim Board include ARI Registry Services, Demand Media, Donuts, FairWinds Partners, GoDaddy, Google, Momentous, United TLD, and WhatBox?. DomainsBot Inc., Minds + Machines, and RightOfTheDot, LLC are also Founding members.The DNA aims to play a key role in helping individuals, businesses, and public-benefit organizations understand the benefits and take advantage of the upcoming expansion of Internet domains. It will also promote, advance, and support the common interests of the domain name industry with respect to provisioning, expanded adoption, and use of domain names.”The domain name industry sorely lacks a vocal advocacy body that is prepared to fight for our commercial interests, and this is the gap the Domain Name Association is going to fill as the first-ever domain name industry trade group,” said Adrian Kinderis, Chair of the Interim Board of the DNA.”As such, we are ideally placed to help Internet users learn about the upcoming new Top-Level Domains and to help them navigate the changing Internet landscape. We will also work to build trust, exchange ideas, educate, and raise awareness of domain related issues within the industry, and we invite all stakeholders in the domain name industry to join the DNA and work together in support of our shared objectives.”The DNA’s first priority will be to educate Internet users around the world about new Top-Level Domains. Many Internet users are unaware that these changes are coming and they may be confused when they first arrive. The DNA is already working to develop educational resources and campaigns to prepare end users for these changes and ensure the success of the new domains. An example of the group’s efforts is the informative website whatdomain.org, an educational resource about the new Top-Level Domain program.DNA membership is organized as a multi-tiered structure that accommodates various levels of interest and desire for participation in the work of the DNA. More information is available on the DNA website.Industry participants are invited to join the DNA to collaborate with peers to promote and ensure mutual success through a period of major change. DNA membership will solidify a company’s role as a critical player in the next phase of the growth of the Internet, with the opportunity to influence important industry policy decisions. Members can also leverage the DNA’s marketing and education programs in their own activities, and they will receive exclusive information via newsletters and bulletins, as well as access to research results.About the DNAThe Domain Name Association (the DNA) is a non-profit business association that represents the interests of the domain name industry. It is independent and global in scope, and its membership is open to organizations involved in the provision, support, and sale of domain names, such as domain name registries, registrars, resellers, and registry service providers.Founding members serving on an Interim Board include ARI Registry Services, Demand Media, Donuts, FairWinds Partners, GoDaddy, Google, Momentous, United TLD, and WhatBox?. DomainsBot Inc., Minds + Machines, and RightOfTheDot, LLC are also Founding members.The DNA’s mission is to promote the best interests of the domain name industry by advocating the use, adoption, and expansion of domain names as the primary tool for users to navigate the Internet. More information is available at www.thedna.org.