Posts Tagged ‘the power of 1’

I am pretty sure by now most of the domainers in the space have felt the waves of Bido.com over the past couple of days. Yesterday was the first auction of the relaunch where they auctioned off “EquityGrant.com“. Though not a very good domain at all the auction was a success with the domain selling for $810.

If you have not heard of Bido.com yet or know what exactly it is i will explain it to you. It is essentially being called the “Social Domain Auction Platform”. The reason for this is because there is commentary and chat in every auction every day. This adds an extra in site from Industry Leaders and from the average joe domainer that wants to chat it up during the auction.

You are probably asking right now, “Ok, that sounds cool. How does this work?” Well its pretty simple. Bido.com revolves around “The Power of 1″. This means that 1 domain is auction off everyday at 1pm EST, 1 hour open bidding, 1 dollar no reserve, and 1 lucky winner. It really is that simple and is extremely exciting to watch and participate in.

Some of the domains up for auction in the coming days include BarPictures.com, FixedLoans.com, and DressOrganic.com.

So head on over to Bido.com and have a look for yourself and get to know the regulars. It is very interesting and should be something to pay attention to in the coming months.