Friday, June 20, 2008

Third MyID .ca domain auction has legs

The third MyID .ca auction still has over five days to go, and already there are 26 names with bids, some reserves already met, and four and five figure dollar amounts on the board.

I was wondering with this third auction if bidders would still have enough funds after the first two auctions, and how deep the financial pool would be. Since .ca is only limited to those with Canadian presence, it restricts the pool of eligible bidders. Can a .ca auction with premium names be run every week and still have enough demand?

I guess the answer so far is "yes". Many probably realize that quality premiums that get taken in these auctions may never become available again, or only at a higher price, so there is lots of incentive to grab them now during this window of opportunity.

I haven't seen any sales from the MYID auction hit DNJournal yet, but I'd be looking for some to be on the country code list next week.

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