By Derek Iwasiuk DomainInformer.com May 08, 2006
The largest live Internet
domain name auction ever held produced nearly $2.1 million in sales
in just 3 hours Thursday, May 4 in the main event at the
T.R.A.F.F.I.C. WEST Conference at the Venetian Hotel in Las Vegas,
Nevada. Another piece of domain history was made during the auction
when SEX.NET sold for $450,000 in the largest .net sale ever
reported.
The gavel also dropped on two other blockbuster
six-figure sales during the bidding in front of a standing room only
crowd. A rare two-letter .com, CD.COM attracted $275,000 and a
three-letter gem, POS.COM commanded $250,000. There were dozens of
other sales in the five-figure range.
Veteran professional
auctioneer John Berry was flown in from Florida to call the auction
conducted by Monte Cahn, CEO of Moniker.com. The auction was the
centerpiece of the T.R.A.F.F.I.C. WEST conference. The event
attracted more than 500 Internet entrepreneurs for the largest
gathering of domain investors held to date.
T.R.A.F.F.I.C.
co-founders Rick Schwartz and Howard Neu introduced the event with an
October, 2004, conference in Delray Beach, Florida, and over the past
18 months have added shows in Silicon Valley and Las Vegas that have
attracted domain owners, venture capitalists and investment bankers
from around the world. More information on past and future events can
be viewed at http://www.TargetedTraffic.com. The next conference and
domain name auction is scheduled for October, 2006.
Rick
Schwartz 561-997-6286
Howard Neu 954-662-1816
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