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11|07|2007 06:24 pm EDT

.Mobi Buyer’s Remorse ?

by Adam Strong in Categories: Alternate Extensions, Domain Aftermarket, Domain Auction

MobiIn an email sent out today, Moniker.com has announced a re-auctioning of a batch of .mobi domains purchased recently from the TRAFFIC domain auction in Florida. The domains have now been placed back on the market by the winning bidder.

Note: I was not a .mobi buyer or bidder.

The buyer/bidder of these .mobi names at TRAFFIC wants to sell the domains at cost due to other financial obligations. Here is a list of the premium names sold at TRAFFIC to one bidder that now wants to sell them for cost .

Since you were a .mobi buyer/bidder in our most recent Traffic auction I am sending this email in regard to the .mobi names. We are giving you first shot at them but we need you commitment at of above the prices below.

These are available for purchase (on a first come -first serve basis) at these prices below thru this Friday November 9th.

Domain Venue Price

News.mobi Live $110,000.00
Shopping.mobi Live $55,000.00
ZIPCodes.mobi Live $8,000.00
elections.mobi Silent $3,000.00
jewelry.mobi Silent $15,730.00
move.mobi Silent $3,000.00
price.mobi Silent $3,993.00
weightloss.mobi Silent $3,000.00

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26 Comments

Rudy (Logistik Labs)

November 7, 2007 @ 6:40 pm EDT

Crazy!

[…] Adam Strong writes: In an email sent out today, Moniker.com has announced a re-auctioning of a batch of .mobi domains purchased recently from the TRAFFIC domain auction in Florida. The domains have now been placed back on the market by the winning bidder. […]

[…] Adam Strong writes: In an email sent out today, Moniker.com has announced a re-auctioning of a batch of .mobi domains purchased recently from the TRAFFIC domain auction in Florida. The domains have now been placed back on the market by the winning bidder. […]

MEJ

November 7, 2007 @ 9:13 pm EDT

Is it really impossible to believe that it could be an ACTUAL family/personal issue that is preventing this person from keeping these names? Maybe they had a partner who backed out? Maybe they were not clear on the development requirements? Maybe they have had their bank accounts seized by the IRS?

It could be any number of possible reasons, but alas.. the naysayer majority all flow back to the ‘.mobi is a bad extension to invest in’ statements.

So, when the Cowboys returned cowboys.com last month, was it because .com is a bad extention to invest in, or was it for some other reason?

Over 550k .mobi names are registered in just over a year and thousands of reserved names are to be sold via this same auction platform. Eight names are bought and sold extremely fast for whatever reason the purchaser has… which is really none of our business.. and suddenly the sky is falling on the .mobi extension.

Anyone who manages to talk others out of investing in .mobi, helps the rest of us find and register great .mobi names. Keep it up.

Adam Strong

November 8, 2007 @ 12:21 am EDT

MEJ yours is the only comment on this article. No one has commented any of the things you said here. Did you comment in the wrong place ? The extensions failure or success won’t be about how many domains are registered or sold at auction for millions of dollars. It will be a success when people adopt it as an extension and when people type-in the domain.

MEJ

November 8, 2007 @ 2:26 am EDT

Hi Adam..
Actually, yes, I was replying to this added statement:

“Will we see others follow suit and sell, first at cost, and later at loss? .Mobi is a true case-study of crowd mentality. There were three domain heavyweights in the first auction (Rick Schwartz, Anything.com’s Larry Fischer and partners, and Webmagic founder Greg McLemore) that set the tone for many speculators to follow. The speculators thought the three knew something more then others (hack, some between the three thought the same on each other as well) and all hell broke loose.

The only one who I believe knew what he was doing, in my humble opinion, is Rick Schwartz. Rick knew very well his purchase was a long shot and took his chances, but it wasn’t as much based on .Mobi as it was circumstantial. The rest of the story about this I cannot disclose, but maybe Rick will one day, maybe he won’t.

In the final analysis, based on all I know, .Mobi = Total speculation. Highly unrecommended as a domain investment vehicle.”
http://www.conceptualist.com/?p=645#comments

Not at all sure how I mixed up the responses, but I will correct that.
Thanks!

PS- I agree 100% with what you said about adoption. It is not always about the money.

Martin Edic

November 8, 2007 @ 10:49 am EDT

This looks like a bubble move to me, of course I’m on the record as a .mobi sceptic given the move away from mobile browsers in the phone industry due to iPhone. If the .mobi market is pure speculation and this buyer spent a lot of money and then panicked (I don’t buy the claims of financial issues but it begs the question: were these actually closed and paid for transactions?) then we may watch things start to tumble.
I’m a marketer. I’ve been informally polling people about .mobi use. I have yet to find one person who uses this extension in daily life. Of course the iPhone/iPod Touch users are finding they can replace laptops for short trips…I can’t ignore that trend.

MEJ

November 8, 2007 @ 1:25 pm EDT

This was posted by Monte on another board.
http://www.domainstate.com/showthread.php3?s=&threadid=83941&pagenumber=3

“to relieve all the speculation and rumor, the reason for the reach out on these is because the buyer is an investor group out of Sri Lanka. Although I have dealt with them before, there was an increased delay in having funds released from their bank (or from any bank from that country for that matter) due to increased security and terrorist funding investigations.
we do not take any chances and do not want to delay the transactions any longer than what is considered normal processing procedures so the buyer agreed to accept at cost resales while we have the names in escrow or as they were in process.

All but 4 names have now been resold at the auction reserves, preserving the integrity of the domain values and the process. We have lined up back ups and do line up back ups in case of adverse situations and it helped in this case and kept the industry’s reputation in tact.

that was the key initiative of this particular group of names. Hopefully you all can appreciate that no one wants any failed transactions from these types of sales. Its good for each and every one of you not to have a sale go bad and these will not go bad due to our efforts.”

Mike

November 9, 2007 @ 1:54 am EDT

What I find interesting is that this email did not make any mention of the 6 month development criteria attached to the purchases. The sales agreements apparently don’t either. Then again, Moniker didn’t let bidders at the live auction or silent auction know of the 6 month requirement either.

MEJ

November 9, 2007 @ 8:07 am EDT

From what I understand from other buyers of mtld premium names, they have to sign a contract agreeing to the development terms when they purchase the domain names.

I do know that they do state clearly what the requirements are on these names when a bid is about to be placed. I read it myself when looking at premium names in the bidding area of the moniker site.

Mike

November 9, 2007 @ 1:18 pm EDT

MEJ, On the second item you said – actually having bid on a premium mobi in silent, I know there was no statement of requirements and it was not mentioned in the description for at least some of the domains that they were premiums.

Where did this contract originate from? As far as I have seen the only contract was the standard Moniker buying agreement.

MEJ

November 9, 2007 @ 6:17 pm EDT

Hi Mike.

There was a warning of sorts when you brought up the bid page for a mTLD premium name. There were some names in the TRAFFIC auction that would have been good enough for premium, but were not mTLD’s hold-backs. Possibly this was an example of a name you bid on? I do know that I saw this descriptin/warning in red letters on the bid page of the mTLD reserved premiums. I do not have a screen shot, and of course the bid page is not available any longer.

You can see the end user agreement here:
http://mtld.mobi/system/files/Auction+End+User+Agreement.pdf

MEJ

November 9, 2007 @ 6:22 pm EDT

By the way,

If you are interested in .mobi names, there is a forum that was created just for people like yourslef… http://www.mobility.mobi. The site is available for PC and mobile. There are many premium name holders there and a lot of .mobi energy regarding development, SEO, marketing, anything .mobi.

Stop by if you have the time. I think you will like it.

AhmedF

November 11, 2007 @ 6:56 pm EDT

“Is it really impossible to believe that it could be an ACTUAL family/personal issue that is preventing this person from keeping these names?”

Who cares? If you bid, you better know you have the liquidity to move and pay for the domain. Anything else is just a whine-fest.

MEJ

November 11, 2007 @ 7:16 pm EDT

OK.. then lets apply that thought to the hundreds or thousands of .com, .net, .org,.us etc. domain sales that never are paid for on afternic, sedo, godaddy etc. I wonder what it would be like If every time some one didn’t pay for a name, we ended up with a blog post about it.
Honestly.. the only reason this issue is even being discussed is because its a .mobi name.

Adam Strong

November 11, 2007 @ 7:45 pm EDT

“Honestly.. the only reason this issue is even being discussed is because its a .mobi name” . . . . and the ‘seller’ is the registry.

There is a lot more to an auction of a .mobi than other extensions since the registry is involved.

AhmedF

November 11, 2007 @ 9:40 pm EDT

So MEJ you just compared a very public auction with a lot of PR with what afternic and sedo does?

Right.

2w

November 12, 2007 @ 1:06 pm EDT

hi greeting , My DEar Sir Strong ,

something off topic ,

me seems ,
DomainNameNews is not updated frequent
enough ,
i’d like2suggest u[you] 2[to] `STRONGise’ it
as much as possible ,
rather than flaming ………

just my own 4cents
just my own 100.000%
constructionnal friendly suggestion ,
n’o[no] any accusation

sorry4anyInconveniency , ThANKye , 2w

2w

November 12, 2007 @ 1:10 pm EDT

>> i’d like2suggest u[you] 2[to] `STRONGise’
>> it as much as possible ,
>> rather than flaming ………

i mean flaming Jay’s ………
i’m standing by u[you] on your stand regarding
.mobi ,

cheers , ThANKye , 2w

Adam Strong

November 13, 2007 @ 2:32 am EDT

Thanks 2w. We do our best. As for flaming, I was pointing out what I felt was inaccurate in on another site. It shouldn’t be read as a flame.

2w

November 13, 2007 @ 3:26 am EDT

> As for flaming,
> I was pointing out
> what I felt was inaccurate
> in on another site.
> It shouldn’t be read as a flame.
yes , me agree ,
sorry , as a non-native-English speaker ,
untilnow ,
i didnt realise the seriousness
of the meaning of the word
‘flaming’ ,

sorry, please accept my sincere
apology ,

i take back my own word of ‘flaming’ ,

sorry4not being the native English speaker ,
ThANKye , 2w

2w

November 15, 2007 @ 5:02 am EDT

by ‘the way ,

there’s at least 1 other tld
which is better than .mobi ,
i.e. : ::::: .fm

‘fm’ can stand4 ““` for mobile “”””
+
.fm ‘s quite shorter in length than .mobi ,
at least 2 keystrokes ,
that could make or break , at least
in minimisin’ the typo
+
with 2days[todays] tech ,
[[[[[
come on , now , v’r almost or already
@ web3.0
]]]]
any website can sense out that
ye[you] ‘r[are] currently surfing
via mobile ,
n[and] there4 , optimising4u itself
correspondingly ,

oyes
o yes , really any website ,
b[it] anything.com ,
b[it] anything.uk ,
b[it] anything.us ,
b[it] anything.usa ,
b[it] anything.fm ,
b[it] anything.am ,
b[it] anything.m ,
b[it] anything.in ,
b[it] anything.it ,
b[it] anything.ws ,
b[it] anything.co ,
b[it] anything.travel , or even
b[it] anything.museum , e.t.c.

sooner or later ,
there may come out the
.m or
.mo or
.mob or
.techno or
.tech or
.tec or
.t or
.tel or
.tele or
.phone or
.iphone or
.fone or
.fon [[[[[ fon.com may sponsor4it ]]]] or
.go [[[[[ google love it ]]]] or
e.t.c.

note : :::::
google’s also a shareholder of fon.com

u[you] ‘r[are] not knowing this following ??
: :::::
““`
u’r 100.000 % under the mercy or disposal
of the
icann ,
icann may b[be] 2[too] much
allmightifull[allmightiful]
“”””

2[to] the right[right-hand-side]
of ‘the ““`.”””” ,
there ‘r unlimitted possibilities
of supply//oversupply ,

2[to] the left[left-hand-side]
of ‘the ““`.com”””” ,
there ‘r just limitted possibilities
of supply ,
scarcer n[and] scarcer n[and]
scarcer n[and] scarcer n[and] ………
with the passage of the time

please tell me , i’m 2[too] foolish
: :::::
what’s the effect of abundant supply
on ‘the price//prices ??

‘t ‘s[does] not take any degree of phd
2[to] crack
‘the just above-mentionned question ,

if …. ye[you] still not know ‘the answer ,
then ….
please consult your own textsbook
of economics ,
‘t may b[be] on
the first page of
the first chapter of any textsbook
of economics ,

‘the just above-mentionned question ,
‘s[is] a question
which even a child can crack it ,
ye still not able2answer it ????

““`
so , why .fm is not even anywhere
near successful as .mobi ? “”””
cause : :::::
very simply ,
.mobi have
the super bucks backed up by
the super bugs , there4 being able2 hire in
the super talents 2[to] do
the super marketting + 2[to] do
the super writings
which frequent recently
My Dear Sir FrankSchilling’s blog or
My Dear Sir Sahr’s log

‘the disclaimer : :::::
i have n’o[no] any affiliation w/[with]
.fm or
My Dear Sir FrankSchilling or
My Dear Sir Sahr
e.t.c.

my English may b[be] greatly crazy ,
myself may b[be] greatly crazy , but ,
my thinkings ,
expecially those over tld
may sound not that 2[too] bad ;–^),

cheers , ThANKye , peace, 2w

2w

November 15, 2007 @ 5:08 am EDT

sooner or later ,
there may come out the
.mobile
e.t.c. ,
‘t all depends ,

sooner or later ,
there may b[be]
some1-who-has-‘the-money coming out
2[to] icann
n[and] loudly speaking out
: :
““`
I want to sponsor you for
.mobile or
.this or
.that or
.anything “”””

2w

November 15, 2007 @ 6:27 am EDT

if ….
even something as long as
.museum or
.travel can b[be] rolled out of icann ,
then ….
ynot[why-not]
.iphone [[[[[ Apple like it ]]]] or
.phone or
.fone or
.tele or
.tel or
.tec or
.tech or
.go
e.t.c.[etcetera] ??
??

atLeast2me ,
.phone makes much more sense than
.mobi ,
atLeast ,
““`mobi”””” ‘s[is] a word of make-up ,
but ,
““`phone”””” this word ‘s[is] known
by billions of people
worldswide ,
including
Asians or Chineses or Japanneses or Koreans
over 100s of years

2w

November 15, 2007 @ 6:58 am EDT

.com – the real best tld 4[for] net-surfing via mobile
.com – the real best tld 4[for] net-surfing via mobile + desk’s-top
.com – the real best tld 4[for] net-surfing via mobile + desk’s-top + lap’s-top
.com – the real best tld 4[for] net-surfing via mobile + desk’s-top + lap’s-top e.t.c.

please ,
please let me take ““`MrTv”””” this string of letters
4[for] exampling

note : : v’r the owner of MrTv.com ,
but ,
‘the principles-in-followin’ apply themselves
universally 4[for] any idea
2[to] the left of ‘the ‘.”

note : :
‘the principle-of-auto-filling-of-‘.com’
were fist raised up by
My Dear Sir DomainersGazetteer n[and] then by
My Dear Sir FrankSchilling in their own
respective respectsful blogs

______________________________________________________

MrTv.com ‘s[is] a .com , i.e. ,
‘t[it] enjoys 1 of the privileges
which only those_domains_ending_in_.com can enjoy ,
: :::::
e.g. : :
after u[you] enterring “MrTv” in2[into] your browser’s url’s bar ,
then ,
ye dont need2type in ‘.’ ‘c’ ‘o’ ‘m’
n’or[nor] any other matter ,
just simply use your right-hand 2[to] press down together
the key ““`Ctrl”””” n[and]
the key ““`Enter”””” at ‘the same time ,
then , voila ,
your browser ‘d automaticcally go 2[to]
http://www.MrTv.com
………

iPhone e.t.c. does even provide the standard button
““`.com””””
………

i.e. : :::::
in inputtin’ “MrTv.com” ,
indeed ,
it does only take u[you] 2[to]
type in just only 4 characters 4u2reach ‘the destination
…..

but ,
….. to the contrary ,
…..
in the case of MrTv.otherExtensions ,
….. e.g.
….. : :::::
in inputtin’ “MrTv.museum” , 4example[for-example] ,
then ,
ye[you] need2type in the extra
‘.’ + ‘m’ + ‘u’ + ‘s’ + ‘e’ + ‘u’ + ‘m’ ,
totally 7 more strokes , e.t.c
………………

here , shorter = better
………………

the
KISS rules ———>
Keep It Simple , Stupid !;–^)),
http://www.acronymfinder.com/af-query.asp?acronym=kiss&p=iess&string=exact
………………

ecspecially in navigatin’ ‘the web via
mobile////palm////pda////pocketpc////handy////hand-held
e.t.c. ,
the_domain_which_the_websurfers_really_prefer_at_this_time
‘d[would] b[be] just only
the_domain_which_is_as__short+simple__as_possible ,
n’o[no] hype !!!!
may-b[may-be] ,
ye[you] may even have n’o[no] need2ask other people
4[for] how trustworthy is the just-above-mentionned statement ,
just ask yourselves , my dear websurfers
………………

web-3.0 or web-4.0 should c[see]
some websites focussed on activities via
mobile////palm////pda////pocketpc////handy////hand-held
e.t.c. ,
e.g. : :::::
directly_through_the_mobile_etcetera_,_upLoading_up_the_shocking_videoes_shot_on_spot ,
which indeed indeep have been gaining ground in web-2.0
………………

Google gets it : ::::::::::
““““`
Google has purchased the shortest possible domain name
to make it easier for Chinese users to find Google:
g.cn.
“””””””””
http://digg.com/tech_news/Google_Purchases_Shortest_Domain_Name_Ever
……….
i.e. : :::::
there’s 1 more advantage 4[for] Google 2[to] buy g.cn
: :::::
g.cn or MrTv or any_short_domain_such_alike ,
this kind o'[of] short-abbreviation-like domain
‘d[would] b[be] quite easier 4[for]
any people_who_do_not_have_English_as_their_mothers_tongue or
any people_who_’r_not_well_versed_with_English
2[to] remember in or
2[to] remember out or
2[to] spell it out ,
….. thence ,
…..
facilitating ‘the virus marketting or words-of-mouths
………………

please let me repeat : :
““““`
Google has purchased the shortest possible domain name
to make it easier for –Chinese– users to find Google:
to make it easier for –Chinese– users to find Google:
to make it easier for –Chinese– users to find Google:
to make it easier for –Chinese– users to find Google:
to make it easier for –Chinese– users to find Google:
g.cn.
“””””””””
http://digg.com/tech_news/Google_Purchases_Shortest_Domain_Name_Ever
……….

1 more example
who ‘s[has] accomplished something as smart as Google purchasing g.cn
: :::::
NetEase , http://www.NetEase.com ………
NetEase ‘s[is] 1 of the top 4 portals in China ,
whose members ‘r[are] almost 100.000% Chineses of the mainland of China ,
……….
NetEase ‘s[has] bought
163.com +
126.com +
188.com
which ‘r[are] currently being used by NetEase
as the u.r.l. of its members’ emailing-boxes or blogs
…..
in the format as that
: :
myID@163.com , + ,
myID.163.com ,
………………

1 more example : :::::
888.com ,
which_was_originnally_not_connected_with_gambling ,
‘s[has] been bought n[and] now being deployed as
1 of the top gambling sites ,
thanks2 that short domain ,
there4 ,
excellently in serving non-English-speaking people
such as
Koreans or Japanneses or Chineses
………………

1 more example ,
which may b[be] not 2[too] relevant here
: :::::
MicroSoft’s buying up + completly using live.com
………

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