DotBroker.com Launches as Domain Auction Site | Internet News

DotBroker.com Launches as Domain Auction Site

Jun 25, 1999
1 minute read

DotBroker.com launched as an Internet domain
name auction house and said “Websites.com” and “Drugs.com” will be going to
the block soon.

The company said that the site opened Monday and within 48 hours, private
sellers had posted more than 500 names.

A $5 fee is collected to encourage serious traders. When a name is posted, a
minimal charge ranging from $1 to $3 will be collected. Five to 10 percent of
the sale is collected upon the sale of a name. For this, DotBroker said it
will assist in escrow services, InterNIC modifications and sale arrangements.

Websites.com and Drugs.com are set to open bidding at $100,000 each.
Websites.com is said to have a reserve price nearing the $1 million mark,
with Drugs.com’s reserve rumored to be much lower. The names are expected to
sell well beyond their marks, the company said.

“Websites.com and Drugs.com are both high-profile, with immediate name recognition,” said Eric MacIver, president of DotBroker LLC. “Any start-up company
would benefit highly from the acquisition of either of them. Those names
could create an entire identity for a young company.”

DotBroker is a project designed, developed and managed by Sandline Productions.

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