Moniker's silent domain name auction began Wednesday, Jan. 17, and ends noon Wednesday Jan. 24. Up for bids are a total of 2,700 domain names. Included in the silent auction are domain names ending with .com, .net, .org, .mobi, and other top-level domains.
"We're expecting [together] that the live and silent auction will bring in about $2 million," said Genie White, director of marketing for Moniker. "Essentially, we're targeting small-business people who understand how important it is to have a marketable domain."
"Having a marketable domain name is critical to the success of an individual's online business," said Monte Cahn, co-founder and chief executive officer of Moniker. "Adult online entertainment is a rapidly growing industry, and this auction is a great opportunity for those who recognize the value of marketable domain names and treat them as true business assets."
So far, the live domain name auction held last week during Internext brought in almost $1,700,000 in domain high-bid sales. The live auction lasted approximately three hours in length.
