Reglikedomain industry desk

Auctioning a domain name on twitter: Interesting idea

A domain broker auctioned a domain name on Twitter.

Twitter is a great medium to share news, interact with friends and gripe regarding airline delays. Could it also be a good way to auction a domain name?

Domain broker Darryl Lopes gave it a shot this stretch with the domain name ITQL.com. The starting bid was $50. Here’s his tweet that kicked off the auction:

I will auction https://t.co/tJqAsVJygW on @Twitter right now. Starting at $50.

To be the first person to bid reply on Twitter in comments with
“ITQL $50” Auction ends 28th August #domainauction #domains

— Darryl Lopes [D-LO] (@DarrylLopes) August 25, 2018

The domain sold for $121. You can see the responses and bidding here.

There are a couple of things regarding this idea that I like. One is that you can easily reach thousands of people that follow you and pull them into the auction. Another is that the bidding is very transparent (assuming the bidder’s accounts look legit). On the downside, it’s not very scaleable.

What do you think?

Also on the wire

Other reporting from the domain desk.

Bido Starting to Get ResultsDomain SalesBido Starting to Get ResultsAreaRugs.com Domain Name For $405,000 — Investors BuyDomain SalesAreaRugs.com Domain Name For $405,000 — Investors Buy10 fresh end user domain name salesDomain Sales10 fresh end user domain name sales$Domain Sales$100M in Sales in 2010 — Sedo Tops$Domain Sales$1.5 million for Sumo.com domain name — SumoMe paysPDomain SalesParticipate in 4 private domain auctions — TLDH toEDomain SalesEnds Today, .Net Reserves Lowered at Latonas Auction — e.co AuctionName investing to the world — Teaching domainDomain SalesName investing to the world — Teaching domainThis stretch’s end user domain sales at SedoDomain SalesThis stretch’s end user domain sales at Sedo