.mobi Looks like lots of .mobi's are getting dumped/ End of .Mobi?

[binaryman]

If you look at the marketplace here it looks like many domainers are trying to dump their .mobi's and recoup some of their money. Has the Sedo/Mtld auction fiasco signalled the beginning of the end of .mobi?

17 December 2007
Update: Sedo Premium Name Online Auction #3
Over the past couple of weeks, we have reviewed the Sedo auction which closed on December and spoken with many members of the dotMobi community – developers, brands, and domainers. Sedo's systems problems at the end of the auction created confusion for everyone (including dotMobi) and the result was unsatisfying for us and community participants. The question is, “What is the fair and right course of action for the good of the whole community and everyone collectively involved?” Permitting the auction to stand, whichever ending time was validated, would invariably disadvantage some auction participants. Therefore, we are supporting the rights of everyone involved by exercising our own rights to void the auction results of December, and plan to conduct a new auction beginning January 23, 2008. In the meanwhile, we continue to examine Sedo's preparedness to handle the historically high level of bidding the recent dotMobi auctions have drawn. Sedo has had a solid track record for its auction operations in the past, and they have assured us that they are dealing with each of the systems and process issues that have been found to date. We continue to hold Sedo and its commitment to the community in high regard, but we will always be diligent in protecting our partners and friends in the community from problems of this sort. We believe that our actions now are the best, most fair course of action for the dotMobi community as a whole, and we will continue to protect your interests in everything we do. – Trey Harvin, CEO, dotMobi

Posted by dotMobi on 17 December 2007 at 08:22 PM in Auctions, dotMobi, Messages from dotMobi, Premium Names | Permalink

Technorati Tags: auctions, domain names, dotMobi, online auctions, premium names, Sedo
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Comments

do not get suckered into the .mobi hype... take a look at the big players (ie... yahoo, m.yahoo.com), they are all transcoding or using m. with technology that easily detects the user device... .mobi is a nothing more then a stock pump and dump but in the domain space...

Posted by: Guest | 17 December 2007 at 09:52 PM

How can sedo conduct another auction for domains that the high bids are known?... The right way to do this would be to extend the auction another 1-3 hrs with the highest bids in place, make all that participated aware and be done with it in 3 hours...

Posted by: CShwom | 17 December 2007 at 09:54 PM

How can sedo conduct another auction for domains that the high bids are known?... The right way to do this would be to extend the auction another 1-3 hrs with the highest bids in place, make all that participated aware and be done with it in 3 hours...

Posted by: CShwom | 17 December 2007 at 09:56 PM

dec 5 auction was extend 2 times after

it closed... and now it was void.

how can sedo and dotmobi conducts business ? what is fair to the winners
of that auction... legal issue and blog

will be display very very soon

Posted by: mark field | 17 December 2007 at 10:00 PM

I could not agree more... there was no activity on the domain that I bid on for over 30 minutes during the extended auction... winning bids on domains that had no activity for say over 30 minuntes should not be null and void... this will become a huge legal issue for mtld and sedo.. they need to reconsider and fast... their credibility is heading down fast...

Posted by: CShwom | 17 December 2007 at 10:08 PM

i was paid over $ 500 over 5 minutes period and

now they void it.... any lawyer here to help

Posted by: mark field | 17 December 2007 at 10:17 PM

i won the auction 2 times received 2 times an invoice i paid the highest invoice, & got a payment confirmation 1 week later by sedo, i also received the auth transfer code from sedo to transfer the domain.

so how the **** can they now take the domain away from me. i already signed a contract with a developer and paid over 50 000$ i cant backout now. because after i received payment confirmation & auth transfer codes from sedo for the .mobi domain i was thinking the headche was finally over


IM gona sue sedo royally if they try to take my domain away im done with them periode

Posted by: laywer | 17 December 2007 at 11:56 PM

The only "acceptable" time that this auction could have been made void is at the time of sedo system crash... with the 2 extensions post crash, and the email communications conveying that the auction was back on-line, this auction must stand... The extensions require that this auction must stand! it may come with a lot of question, and the handling was poor, but for sedo and mtld to save face they need to chalk this one up as a big lesson learned and move on... but the auction must stand... by extending twice, in a court of US law, the auction will stand... if sedo and mtld do not want to lose complete credibility with all industry, and be known as the pennystock pump and dump domain company, ultimately dirtying up the internet domain industry and challenging the integrity of all types of e-commerce, this auction must stand... I lost quite a number of domains with the extension, and would love another opportunity, but not with these domains... once the auction was extended, and communication sent that the auction was back on-line this auction must and will stand..

if it does not, I ask all of you, in whatever country you are in, to reach out to your congressman, senators, attorney generals, the press, Internet domain authorities to expose mtld and sedo and to ensure that consumers are protected... this is not about fairness, it is about greed... I will be the first to invite as many officials as I can to expose the handling of this auction if it does not stand... class action lawsuit will be right around the corner...

I do hope both sedo and mtld realize that they have a duty to keep this auction as it closed.. if they do not, all auctions from this point forward will be challenged.. The handling of this will set a precedent; hopefully it will be the right one...

CShwom

Posted by: CShwom | 18 December 2007 at 02:00 AM

This cant be allowed to happen. This is the end of .mobi if it does. All credibility gone.
http://www.namepros.com/dot-mobi/408138-people-who-paid-3rd-sedo-auction.html

Posted by: Fred | 18 December 2007 at 02:14 AM

 

[000]

LOL..
I find it humorous to even suggest that a single Sedo auction could kill an entire extension... especially one that has already seen some solid adoption by large companies after ~one year.

 

[binaryman]

:lol: What a relief. How silly of me.

 

[hey.co.uk]

LOL..
I find it humorous to even suggest that a single Sedo auction could kill an entire extension... especially one that has already seen some solid adoption by large companies after ~one year.

Hypothetically if legal battles rage between 'winners' and sedo, and then mltd it could cost a large wodge of cash.

This in turn could affect the ability to run the registry. Very far fetched I agree, but where money and reputation is at stake it would not be unheard of.

 

[TheBaldOne]

How many people ever thought Enron would go the way it did? How many thought Northern Rock would have to borrow over £30 billion from the government to stay afloat? Come to that who at the time thought the Titanic would sink?

In a far flung scenario .mobi could end up being put in the hands of a new management team. The immediate casualty of this is Sedo.

The questions are when will mTLD cut their links with Sedo?

Have Sedo got the resources to re-launch themselves when this finishes (if it does not bankrupt them in-between times)?

Can mTLD walk away from this with clean hands and enhance their shattered reputation?

But that is the future, here in the present both Sedo and mTLD will be advised to keep smilling and pretend the vultures circling overhead are just gnats.

 

[qO_Op]

If this is seriously happening, ONLY the bidders from the previous auctions should be allowed to bid again on these names. It will not be fair to let new bidders in.

 

[tophatter]

If this is seriously happening, ONLY the bidders from the previous auctions should be allowed to bid again on these names. It will not be fair to let new bidders in.

That's an interesting point and I'd go for that but I doubt that will happen.

Regards

 

[Mobi Cheap]

If this is seriously happening, ONLY the bidders from the previous auctions should be allowed to bid again on these names. It will not be fair to let new bidders in.

That would be one way of making more original bidders happy than is now the case - suddenly their right to bid would then be worth some money in the secondary market, would it not?

 

[Alan Glennon]

I suspect we'll see lots of .mobi domains being offered at the marketplace since one year renewals are coming due soon. Any awesome ones that drop will undoubtedly be re-registered. I wouldn't be surprised if mtld snags some of the better drops for themselves.

 

[Broker]

I'm "dumping" mine cheap because I'm broke LOL

 

[Mobi Cheap]

There has to be a wave of pent-up aftermarket activity right now - if there wasn't I would be worried.

Due to the phenomenal amount of prime generics being released over such a short period of time, there hasn't been a proper secondary market for several months now.

It was effectively a second land-rush.

And the only people selling land during a land-rush are either desperate, uninformed or less than bright.

Before you ask, I know I am in the first category - obviously cannot be completely sure about the other two.

 

[satsdifference.com]

..time for me to focus now only on spiritual domains & worldradio.mobi network





Kind Regards,

Yelo

 

[rocknrollo]

my advise.......

buy when everyone is selling :imho:

 

[Mobi Cheap]

my advise.......

buy when everyone is selling :imho:

agreed, only if I had the money!
:sold:

 

[connections]

Ever since using the Iphone I see that .mobi's have no future.

every .com works fine on the i phone and all new gen phones I think .mobi will just be another .cc style extension.

Sure it may still be viable for SEO purposes but in terms of making nice ROI I cant see it happening.

 

[Mobi Cheap]

...

Sure it may still be viable for SEO purposes but in terms of making nice ROI I cant see it happening.

Connections, I understand your disappointment: you have just learned that you will not be getting the .mobi you won in the auction.

But would you say never? As in: you will most definitely not bid in the next one? Or buy .mobi in the secondary market? You are out forever?

 

[nrmillions]

Time to dump .mobi

 

[Mobi Cheap]

The end is nigh, sell, sell, sell!!!

Price doesn't matter, you just need to get out of this worthless extension.

Buy some proper .net domains, that's what you're supposed to be doing!

.Mobi, what a stupid idea!

 

[Mobineer]

Yup, mobi game may be over --- if you've got really solid premiums (like mobis won in the first 2 SEDO auctions), PM me with the list and prices and I may just take them off your hands. I'm feeling charitable, since it's the holiday season. But keep in mind, I'm interested in only premium mobis (those you purchased for over $5K) --- since you may have a little mobi buyer's remorse, and what with all this talk about the mobi market in apparent decline, this might be an opportunity for you to cut your losses and get out of this extremely volatile mobi game -- again, only premium mobis which once had a valuation of $5 K, but which have obviously dropped in value, after this most unfortunate news ---

 

[jazzylee77]

where's the emoticon for sincerity...