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First Live Auction @ DomainX™ 2019 Conference, New Delhi

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Soofi

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DomainX™ is organising first Live Auction @ DomainX™ 2019 Conference, New Delhi scheduled for 4th August, a day after the annual conference which is on 3rd August.

The Live Auction is a first one in India, for domain name owners/investors and being organised by DomainX™ Team to provide extra platform for them to liquidate their domain names.

Anyone is allowed to submit domain names for selection in Live Auction. You can submit your domain names for auction here.

For questions, connect with the team through contact page.
 
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Could like to attend the conference. Where is it taking place? Same New Delhi?

Conference is taking place on 3rd & 4th August in New Delhi at The Eros Hotel, Nehru Place.

Look forward to see you!
 
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Forgot to ask about this "You will receive a confirmation phone call ....."

What if we're sleeping during that time? (Different time zones?) Would rather receive via email if possible.

Anyway, I've sent 4 domains.
 
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Forgot to ask about this "You will receive a confirmation phone call ....."

What if we're sleeping during that time? (Different time zones?) Would rather receive via email if possible.

Anyway, I've sent 4 domains.

Email will also be sent in order to document the domain selection and approval process.
 
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Watchout for the type of names submitted for the auction. I am amazed at quality. Small sample below 😉
  • ACF,in
  • HNY,in
  • NKO,in
  • IndiaSoft,com
  • BloggersMedia,com
  • Tablets,com
  • Dens,com
  • FRCS,com
  • Geet,net
  • Sudipa,com
  • DownloadGames,in
  • Patiala,com
Final list in preparation and we will be releasing it in next few days 🙂
 
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It would be good for a live domain name auction to be on YouTube livestream
 
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It would be good for a live domain name auction to be on YouTube livestream

We shall try our best to make it YT/FB live. :)
 
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added 4 names..
i hope they will be accepted :)
 
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added 4 names..
i hope they will be accepted :)

You have super names. I am sure some will be selected.. given the reserves are reasonable ;)
 
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You have super names. I am sure some will be selected.. given the reserves are reasonable ;)
Thanks :) will be waiting for approval email also advise if there is any exclusivity till auction ends or after auction ended... so we can remove bin from all places to secure name for DomainX :)
 
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I have submitted my 4 great domains. Good luck.
 
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submitted
Good luck with the event
 
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Thanks for bringing that one up. Rulebook & Terms shall be made public once list is published :)

That make no sense. People submit domains without knowing the rules, commission rates, or any info at all? Is it legal in your country?
 
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That make no sense. People submit domains without knowing the rules, commission rates, or any info at all? Is it legal in your country?

I was thinking of submitting some names myself, but without knowing the terms, how can I possibly submit anything?
 
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I guess once the rules / terms are public, we do have a chance to pull out in case the terms are not agreeable upon.
 
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Dear Manmeet,

I was wondering if you guys are going to publish the list of all selected domains here at Namepros, just in case someone not attending likes to participate or send an offer.

I mean I am eyeing a few domains, that are not put on sold anywhere but are held by domainers and shows parking pages.

So just in case, they come in the auction lot, it would be helpful for me to get in touch with the owners through you guys.

Thanks :)
 
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I just submitted 4 domains. Good luck with the conference
 
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I guess once the rules / terms are public, we do have a chance to pull out in case the terms are not agreeable upon.

Exactly. No one is being forced to submit their domains without knowing rules/terms. They can wait for the same and probably miss a chance of submissions.

Basically, rules/terms are general in nature, and good to know information.

We are not going to launch or introduce something out of the world to be honest in the name of terms/rules. Since we have a good standing + trust in the community in the brandname; DOMAINX, as we introduce LIVE AUCTION, I am sure I do not want to hamper the trust that we have built over the past 6 years.

BASIC RULES are will be :

  1. Any TLD is accepted.
  2. There is no submission or acceptance fee.
  3. There will be 15% brokerage fee charged on successful domain name sale through Live Auction.
  4. Domains should be premium in nature with no reserve, reasonable reserve and/ buy now price.
  5. Any payment mode should be accepted by seller.
  6. Any transaction related fee, for example; escrow fee, shall be borne equally by buyer/seller.
  7. Bidders participating in the auction will be required to submit an advance security bond of $73 or INR 5000 to offer secure bidding process. Security bond shall be adjustable to any purchase or completely refundable at the end of the live auction.
  8. Auction Payments will have to be cleared on the same day of the auction, unless agreed upon within 24 hours of closing of the auction. Similarly, domain will have to be transferred instantly upon clearance of payment, unless agreed upon within 24 hours of closing of the auction. This is in case transaction is being conducted through DomainX, otherwise escrow transactions may take its due course of time.
  9. DomainX reserves full rights to Live Auction process.
 
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Dear Manmeet,

I was wondering if you guys are going to publish the list of all selected domains here at Namepros, just in case someone not attending likes to participate or send an offer.

I mean I am eyeing a few domains, that are not put on sold anywhere but are held by domainers and shows parking pages.

So just in case, they come in the auction lot, it would be helpful for me to get in touch with the owners through you guys.

Thanks :)

We shall share the live auction list everywhere :)
 
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Best Of luck... Great to know something like this is happening, wish it could be streamed live. Submitted 4 domains. Goodluck to me and the program.
 
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Good Luck,

I have submitted 4 names
 
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Any payment mode should be accepted by seller..
Does this include payment methods only available in India? Such as NEFT?


BTW, Nice to see the domain industry development in India being in a neighbouring country. Good Luck @Soofi (y)
 
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