The owner of ABC.io received a $50,000 for the domain on Sedo, rather than taking the offer they decided to send it to auction to see if they can get more if another buyer jumps in. I first read about the auction on Twitter thanks to Block Domains:
When I first read this I didn’t realize it was a domain that went to auction as the result of a bid. Personally, I think this is a risky move, if it were me, I’d take the $50,000 – the saying “a bird in the hand is worth two in the bush” applies here IMHO. It looks like I’m not alone here, other people chimed in to share their thoughts about the auction in response to the tweet:
While I do hope that this goes through and the domain owner locks in a nice solid $50k+ sale, I do have to say I have my doubts about this actually going through. As we all know, people bid on domains in auction and never pay all the time, and while abc.io is a fine name, I would be surprised if it sells for $50k…but I’ll be happy if it does, as a .IO investor myself I’d like to see as many $50k+ sales as possible.
I will try to remember to write a follow-up post once the auction ends to see if the buyer ends up paying. What do you think is going to happen here, is abc.io going to become of the of top .IO sales of all time?