High-value domain Dog.ai fails to pay at $47,155 auction

Industry Information 27 Feb 2024 11:58:45 AM By:DN editor
Abstract:

The sale of the untimely renewed domain name Dog.ai for $47,150 (roughly Rs. 340,000) earlier this month was void, as the auction winner apparently failed to pay. The domain is currently up for auction with a few days left; there are

News of domain name sales are commonplace in our attention, however, we tend to overlook the fact that many domain names do not result in a final deal. A recent high-profile news story has garnered a lot of attention: a high-profile domain name was successfully auctioned off for $47,155, however, word eventually got out that no payment was made, a situation that has garnered a lot of attention and debate.

High-value domain Dog.ai fails to pay at $47,155 auction

The sale of the untimely renewed domain name Dog.ai earlier this month for $47,150 (roughly Rs. 340,000) was null and void, as the auction winner apparently failed to pay.

The domain is currently up for auction with a few days left; there are a total of 30 bids, with the highest bid currently at $2,222. It is expected to eventually exceed that range.

High-value domain Dog.ai fails to pay at $47,155 auction

The .AI registry auctions off non-renewed domains, thus avoiding the effects of the abandonment capture system that exists for other TLDs and ccTLDs.

Dog" in Dog.ai has the meaning of "dog" in Chinese, dog is a loyal friend of human beings, this domain name is very suitable for pet intelligence projects. In recent years, young people do not want to fall in love and do not want to get married, but like to raise a dog, I think the pet market will have a big market in the future, you think Dog.ai can be worth how much money?

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High-value domain Dog.ai fails to pay at $47,155 auction