Heritage Auctions Sells MutualFunds.com! Total Now Tops $1,5 Million
Heritage Auctions announced recently that MutualFunds.com, QR.com and Dayton.com domain names have all been sold,bringing in total revenue of $1,5 million.
The three deals were completed after the live auction ended. 26 out of the 68 domain names were sold during the live auction,generating $419,970.
Heritage Auctions did not discose the sale price of MutualFunds.com domain name. However, the domain name had a reserve price of $1 million.
You can read the press release after the jump:
“The domain name MutualFunds.com found a new home, selling for an undisclosed amount to an anonymous buyer, after initially crossing the auction block as part of Heritage Auctions’ inaugural Domain Name & Intellectual Property Signature® Auction, which has recorded well in excess of $1.5 million in total sales so far since the live event in New York on Nov. 21.
“While we cannot reveal the details of the transaction, we can say that the seller was seeking an offer in the $1 million range plus 15% Buyer’s Premium,” said Aron Meystedt, Founder and Director of the Domain Names and Intellectual Property category at Heritage, “and that both buyer and seller are very pleased with the negotiated deal.”
In addition to the marquee lot, the auction has also seen several more significant post auction buys on premium Domain Names, including QR.com and Dayton.com, joining key names like XZ.com, Animation.com, Hemisphere.com and BusinessPhones.com, which all sold during the live auction.
The auction in New York in November marked the first time that a major, mainstream auction house entered the market for domain names.
“All things considered, we thought the live event was a relative success,” said Meystedt, “and the enthusiasm we’ve seen post-sale, with the high-end transactions that have taken place, points to the emerging confidence that Domain veterans, new investors and end users are placing in the category and in the Heritage Auctions platform.”
Sedo’s Great Domains Auction for December,2013 Ends Thursday! Gin.com ; True.com ; Viaggi.it
Sedo Great Domains Auction for December ends this Thursday, on the 12th of December at approximately 6pm CEST. As of time of publication, 102 domain names in the auction have bids.
Gin.com is the domain name with the higest bid at $50,000. However,it GIN.com is a long way from its reserve price. MSC.com is the domain name with the second highest bid at 11,000 EUR.
The auction features 568 domain names.
Sex.co is sitting at 6,000 EUR,a long way from its reserve price of 25,000 – 49,999 EUR. However,it will be interesting to see what the maximum bid will be and compare it with Sex.com, which sold for $13 million back in 2010.
Other interesting domain names included in the auction are:
True.com
Laptops.de
Ow.de
XWC.com
Moda.it
Sport.it
Diamant.fr
HardDrive.com
Consul.com
Accommodation.co.uk
Juegos.tv
Phenomena.com
You can see the entire inventory and place your bids here.
Review Of .AU Finds It Is Working Well, But Room For Improvement
The .au policy and regulatory body auDA engaged consultants to review the governance for .au in 2011, and is now working to introduce changes recommended or undertaking further consultations in the case of the future of its foundation.
The review was undertaken by Westlake Consulting Ltd who has undertaken reviews of a number of Advisory Committees of ICANN, InternetNZ (the .nz administrator) and others, and who engaged former ICANN CEO and President, Dr Paul Twomey, to provide additional input and expertise.
The report produced found auDA’s operational model is regarded as working well but that relationships with some of its key stakeholder groups could be enhanced. There were also some minor changes recommended to auDA’s Accountability & Transparency, its relationship with the Commonwealth Government and its governance.
The next steps have been divided into three categories that involve taking a number of recommendations to the organisation’s membership for approval, considering recommendations regarding the Foundation in conjunction with an internal review currently underway and for the majority of the recommendations, instructing staff to prepare an implementation plan.
For the auDA announcement on the outcomes of the review, see below:
Outcomes of the Independent Review into the Governance of .au – Further Information
Download copy of WCL report here.
In December 2010, the auDA Board decided that, after 11 years of operation, it would be appropriate, timely, and of benefit to the organisation to consider possible refinements to ensure auDA remains transparent, effective and accountable to its stakeholders.
auDA has always sought to maintain world’s best practice in the management of Australia’s .au domain space and, to this end, the Board sought to engage independent reviewers to interview stakeholders, benchmark auDA’s activities against international counterparts and deliver a report and recommendations that would help auDA achieve this goal.
In April 2011, the auDA Board appointed Westlake Consulting Ltd (WCL) to undertake the project. WCL is a governance advisory firm which works internationally and has undertaken reviews of a number of Advisory Committees of the Internet Corporation for Assigned Names and Numbers (ICANN), InternetNZ (the .nz administrator), as well as for a number of New Zealand Government agencies and NGOs. The WCL team was led by Richard Westlake (Managing Director) and Vaughan Renner and engaged former ICANN CEO and President, Dr Paul Twomey, to provide additional input and expertise.
The review consisted of three phases:
1. Information-gathering, including:
- An extensive review of relevant documentation, covering auDA, administrators of several other Country Code Top Level Domains (ccTLDs), ICANN and other related subjects;
- Attending one full auDA Board meeting and part of another;
- Conducting interviews with about 60 people, mainly Australian-based stakeholders and some directors and staff of auDA, but also other ccTLD managers and others at the ICANN meeting in June 2011; and
- Running an online survey, which was publicised through the auDA website and which generated 83 individual responses.
2. Analysis of the extensive amount of information gathered, drawing conclusions and composing recommendations.
3. Presentation of findings and recommendations at the auDA Board meeting in October 2011, and preparing and submitting a final, full report.
The review’s overall conclusions were that:
- auDA’s operational model is regarded as working well, especially when benchmarked against international comparators: since auDA began managing the .au domain, the Internet in Australia has never failed;
- Although auDA is generally well respected, relationships with some of its key stakeholder groups could be enhanced;
- No fundamental changes to the governance of the .au domain or auDA’s structure is necessary, but several changes were recommended that the reviewers consider will address identified issues, mainly in the areas of:
- auDA’s Accountability & Transparency;
- auDA’s Relationship with the Commonwealth Government; and
- The Governance of auDA.
The auDA Board received WCL’s Final, 103-page Report on 8 December and it was discussed at the Board’s meeting on 12 December. The full report can be found here.
Overall, the Board was very pleased with the thoroughness and consultative nature of the review process, the diligence and independence of the reviewers, and the comprehensive and accurate nature of their observations and resultant recommendations.
auDA’s response to the recommendations can be divided in to three categories:
1. Recommendations requiring member voting and approval. These recommendations (11 and 12, in the Final Report) propose amendments to auDA’s operating structure and Constitution. Staff, with appropriate legal advice, will develop a briefing on procedural requirements for, and consequences of, implementing those recommendations to be considered by the Board in February.
2. Recommendations regarding the auDA Foundation. While auDA welcomes the review’s recommendations regarding the future structure and operations of the auDA Foundation, it is also important to note that an internal review on this topic is already underway. The auDA Board will consider the observations and recommendations of both review processes, once the internal review is completed.
3. In respect to the balance of the 15 recommendations, the Board has instructed auDA staff to prepare an implementation plan that the Board will consider in February.
Additional information on the review and implementation process, and the Board’s decisions, will be posted following the February meeting.
The above announcement was sourced from:
www.auda.org.au/news/20111215/
November 2013 Highest Reported Non .COM gTLD Sales
3DPrinter.net was the highest selling non .COM gTLD in November,2013. 3DPRinter.net changed hands for $60,000 through Sedo.
Here are the highest reported non .COM gTLD for November,2013:
1. 3DPrinter.net$60,000
2.BIX.net$23,850
3.OJR.org$19,100
4.tieGuizhou.net$13,000
4.tieYunnan.net$13,000
6.LTW.org$12,400
7.Propel.org$9,788
8.Find.info$8,100
9.Diamond.pro$7,000
9.Yay.net$7,000
11.Strategy.net$6,799
12.Immo.info$6,001
13.Flyers.net$6,000
14.Samovar.net$5,588
15.Arcadia.org$5,500
15.Horse.info$5,500
17.Concordia.net$5,388
18.DNAModels.net$5,168
19.3DPrintPress.net$5,000
19.KittyCity.org$5,000
19.Rehabilitation.net$5,000
ISOC: New Study Reveals How Internet Exchange Points Spur Internet Growth in Latin America
Joint Internet Society and Universidad de San Andrés report demonstrates significant cost and performance gains from IXP development in Argentina, Brazil, Colombia, and Ecuador
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Download the report |
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[news release] The Internet Society recently published the results of a study that demonstrates the far-reaching economic and societal benefits of establishing Internet Exchange Points (IXPs) in emerging markets. The study, commissioned by the Internet Society and conducted by Professor Hernan Galperin of the Universidad de San Andrés in Argentina, examined the critical cost and performance benefits of IXPs in Argentina, Brazil, Colombia and Ecuador – countries on the leading edge of Internet growth in Latin America.
Analogous with the role that international airports play in airline traffic, IXPs serve as critical hubs for data traffic exchange in the global Internet infrastructure. Over 350 IXPs around the world enable local Internet Service Providers (ISPs) and Internet backbone carriers to efficiently and cost-effectively exchange Internet traffic. Many emerging markets do not have well-established IXPs, forcing domestic Internet traffic onto long-distance international links, resulting in significantly higher costs and quality of service challenges.
This new study identifies the positive impact that IXPs have made, including reduced telecommunications costs, faster and better local data exchange, and local technical capacity development. For example:
- To date, nine IXPs are operational in Argentina as part of the Cabase system that was created in 1998, connecting over 80 network operators. Internet transit costs have been reduced from USD $500 per Mbps per month in one city to about USD $40 per Mbps per month. Service providers have been able to expand their networks and quality of service.
- In 2004, the Comitê Gestor da Internet (CGI) launched an initiative called PTT Metro to create IXPs across Brazil, starting with their first IXP in São Paulo. As of April 2013, there were 22 IXPs in operation, covering 16 of Brazil’s 26 states. On aggregate, the IXPs associated with the PTT Metro initiative are exchanging over 170Gbps at peak hours, and providing better and faster connectivity to regions of Brazil that had poor Internet service.
- In Ecuador, international transit costs hover around USD $100 per Mbps per month. Local traffic can be exchanged at the IXP in Quito (NAP.EC) for as little as USD $1 per Mbps per month. Without an IXP, operators would exchange local traffic through international transit routes and the additional wholesale costs for local ISPs would be USD $7.2 million per year.
- The Colombian exchange point, NAP Colombia, started in 2000 in response to frequent disruptions in the domestic backhaul network and international links. By exchanging traffic locally, and later by installing content caches at the IXP, local ISPs were able to reduce their dependence on international routes, thus reducing costs and, most importantly, increasing service reliability.
“This study highlights the critical role that IXPs are playing in Latin America – from human capacity and network development to better quality of service and increased uptake of services,” said Sebastian Bellagamba, Regional Bureau Director for Latin America and the Caribbean at the Internet Society. “Offering more than just cost and performance benefits, well-run IXPs serve as a catalyst to dramatically enrich a country’s Internet ecosystem, opening a new world of possibilities with comparably minimal investment. We appreciate the collaboration with Professor Galperin and hope that this study will help inform the dialogue among government, business, and technology leaders of emerging countries to show them the benefits that IXPs can provide for developing partnerships for Internet growth in the region.”
Lead author of the study Hernan Galperin stated, “This report shows the important role that IXPs have played in the development of the Internet in Latin America. This role is likely to become more important as countries in the region address existing challenges such as network security, the improvement in the quality of services, and the reduction in access prices.”
The study was conducted as part of the Internet Society’s Internet Traffic Exchange Programme. This programme aims to foster robust, efficient, and cost-effective Internet interconnection environments in emerging economies, and furthers the Internet Society’s overall mission to promote the open development, evolution, and use of the Internet for the benefit of all people throughout the world.
Download the full study in:
Funding for this study was provided in part by Google under the IXP Toolkit & Best Practices Grant Project.
About the Internet Society
The Internet Society is the trusted independent source for Internet information and thought leadership from around the world. With its principled vision and substantial technological foundation, the Internet Society promotes open dialogue on Internet policy, technology, and future development among users, companies, governments, and other organizations. Working with its members and Chapters around the world, the Internet Society enables the continued evolution and growth of the Internet for everyone. For more information, visit www.internetsociety.org.
This ISOC news release was sourced from:
www.internetsociety.org/news/new-study-reveals-how-internet-exchange-points-spur-internet-growth-latin-america
