29 Jun '12, 6pm

closes on GoDaddy for $670,005

Sale would be highest ever on Go Daddy’s auction platform. An auction on GoDaddy.com for the domain name WAN.com closed overnight for a whopping $670,005. Of course, one of the first questions asked after an auction like this is “will the sale go through”? The seller is definitely legitimate. Shane Cultra has a story on the seller who lives near him. If the deal closes then the seller will be able to buy Cultra a very nice dinner. So the big question is if the buyer will come through. I reached out to Paul Nicks, Director of the GoDaddy.com Domain Name Aftermarket, to find out if the company has any bid verification in place. For example, aftermarket Sedo has various levels of bidder verification that are required in order to place high bids. “We don’t currently have bid verification in place, but we have been looking at implementing a system to verify bidders on high-pric...

Full article: http://domainnamewire.com/2012/06/29/wan-com-closes-on-go...

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