A domain broker auctioned a domain name on Twitter.
Twitter is a great medium to share news, interact with friends and gripe about airline delays. Could it also be a good way to auction a domain name?
Domain broker Darryl Lopes gave it a shot this week 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 about 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?
Mike says
I can imagine a lot of non payers as nothing to stop them.
Darryl Lopes [D-LO] (@DarrylLopes) says
Can put people on blast if they do not pay.
Andrew Rosener says
Great idea!
John Berryhill says
It might be a good idea to be more specific than “ends 28th August”, among other things (like a link to terms). Is that the stroke of midnight in some particular time zone?
If someone in Sydney, Australia put in a bid at August 27, 11:59PM, and someone Seattle, Washington outbid them 17 hours later at their local time of August 27, 11:59PM, then who won the auction which “ends 28th August”?