Reglikedomain industry desk

400,000 EUR bid on Sedo — 8888.com gets

400,000 EUR bid on Sedo — 8888.com gets

It’s a lucky number, but is it this lucky?

[Update: my skepticism was warranted. The bid has been cancelled.] The domain name 8888.com has received a 400,000 EUR bid at Sedo. That’s over $500,000 USD.

8 is consider a lucky number in Chinese culture. Lucky enough for a four digit domain to be worth over $500,000?

I’m perhaps a little skeptical. But I’ll point out the bidding requirements to bid over 100,000 EUR at Sedo:

1. Complete the application form included in the email, sign it and fax the document back to Sedo along with a copy a government issued photo ID and a bank statement or utility bill from within the previous 60 days.

2. Review the payment instructions on the invoice and wire the fully refundable USD 1,000.00 security deposit.

It’s not like you can just register for an account at Sedo and make a 400,000 EUR offer.

I’ll keep an eye on this one.

8888.com

Also on the wire

Other reporting from the domain desk.