27 Aug '11, 6pm

From The Dot Nxt Conference: The Top Auction For A New gTLD May Top $50 Million

I moderated a panel on from the Dot Nxt conference yesterday and asked the panel how much they predicted the highest price of a auction new gTLD extension would go for. As you may know if more than one application is received for the same string, the string maybe awarded to the high bidder in an auction. The panel was entitled “Show Me The Money” and the panelist certaily thought the highest price paid in an auction will run into the 8 figures. The panelist were; John Matson the COO of Architelos.com, Jose Rasco Managing Director at Straat Investments, which is the holding company for .CO Internet, Adrian Kinderis CEO and co founder of AusRegistry International, and Steve DelBianco Executive Director of NetChoice The panelists predictions ranged from $20 Million – $50 Million. $50 Million for a gTLD extension? I can say I have sat with several applicants who indicated they...

Full article: http://www.thedomains.com/2011/08/27/from-the-dot-nxt-con...

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