27 Aug '11, 10pm

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

Jothan Frakes gave a presentation several years ago where he said he knew of 11 different interested potential applicants for .WEB. And, looking at pre registration requests at United Domains it probably has the best potential for a new super generic. It could go for a lot of money. But, most the panel and experts don’t think many contention sets will be resolved at auction. Rather, power plays and deals will be made. Applicants will be intimidated by, bought out or absorbed by the ultimate winner, which could be a cooperative formed by the most well funded applicants. An applicant would need to be HIGHLY motivated to have ABOLUTE CONTROL over a string to opt for a $20 – 50 million auction bid. And, that applicant would have to be up against ANOTHER highly motivated applicant to drive the bids up that high, without working out some sort of compromise. Something like this c...

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

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