Reglikedomain industry desk

Domain Name Auction Today in Santa Monica — Moniker Live

Live domain name auction starts this afternoon in Santa Monica and online.

A live domain name auction hosted by Moniker will take place Thursday afternoon at 4:30 PM PST at the Santa Monica Fairmont. Live bidding will also be available online.

The auction will have close to 100 premium domain names counting the recently added Rates.com.

A handful of domains have by now received “pre-bids” counting Kiss.me and Love.me. The two domains have by now hit their reserves of $10,000 each.

In a discussion with media Wednesday morning, Oversee.net CEO (parent firm of Moniker) admitted that auctions have become more of a marketing opportunity than a sales event. Many sales of auction domains take place following the actual auction.

But with 14 domains priced over $500,000 it will only take a couple big sales to make the auction hit seven figures.

Also on the wire

Other reporting from the domain desk.