Yesterday (8/5/24) closed out another .Ai registry expired auction (with a few not closing out until 8/6/24).

Here are the top .ai domain name sales from the 8/5 auction:

aka.ai                    $34,944.00       88            8/6/24 0:23
wow.ai                  $27,166.00       66            8/5/24 15:38
campaign.ai    $14,005.00       153        8/5/24 16:49
particle.ai          $12,950.00       68            8/5/24 18:44
estate.ai              $12,501.00       74            8/5/24 18:14
fc.ai                         $9,989.00          62            8/5/24 18:47
zeal.ai                   $6,800.00          52            8/5/24 16:17
alterego.ai         $6,600.00          83            8/5/24 22:26
amply.ai              $6,433.00          61            8/5/24 18:04
polyglot.ai         $5,625.00          64            8/5/24 22:27

Non of these final numbers is good enough to break the top 15 sales in 2024.

However…non-payment continues to be an issue and really clouds the scene for reporting on the sales.

Notable closings on 8/5 for re-auctioned 7/8 sales demonstrate a huge savings from month-to-month (providing if the new winner pays).

Let’s take a look at a few sales from re-auctioned domain names:

fc.ai       $18,888.00       86            7/8/24 16:52
fc.ai       $9,989.00          62            8/5/24 18:47
Savings of $8,899.00 with the winner paying 47.5% less over time

estate.ai              $31,501.00       108        7/8/24 17:05
estate.ai              $12,501.00       74            8/5/24 18:14
Savings of a whopping $19,000.00 or paying 60% less over time.

But percentage wise, non can compare to the savings of pit.ai:
pit.ai     $17,612.00       139        7/8/24 20:05
pit.ai     $3,413.83          66            8/5/24 23:31
$14,198.00 savings with the current winner paying 80.6% less over time. 

In other words, the winner of pit.ai on 8/5/24 only paid about 19% of the hammer price of 7/8/24! Congrats to the new winner!

When you look at the number of bids (after the dollar amount) you can get an idea of how much time was wasted having to bid twice on the same domain name. Lets again look at pit.ai:

139 bids were placed in the 7/8 auction.

A policy of placing bids, which I hate, is IF a bid is placed within the last hour, the hour clock resets. In other words, if someone place a bid at only 10 seconds remaining, the timer gets reset to a full 60 minutes! And that IS happening. And with most only requiring an additional $5.00 bid increment,

Now an auction strategy of outlasting the other bidders is in effect which is annoying – unless you win. And, of course, unless you pay! Many domain auctions I have been involved with do not have an hour reset.

As for the .Ai domain name auctions, I have bid (and bid heavily) in the past two auctions (on many of the top sales) but have walked away with nothing. From a personal level, I do not have the patience to bid on any domain over 10-12 hour span with a 5-buck bid increment – nor will I waste that much time.

Yesterday I bowed out probably around 3:30pm East Coast time. We are expecting quite a few days of drenching rain so I wanted to be sure I got the yard mowed, which is about 2.5-3 acres cleared (but heavily landscaped). This usually takes about 3 hours to mow. When I finished I came back in and logged on to the auction and there were several domain names I had bid on that were still open for bids.

Thankfully I do have an amount per domain I am willing to pay and that limit was still in effect.

I wish the winners well and no ill feelings to outlasting everyone else.

Now Pay Up!