Monday, 19 March 2012 12:02 Domain News
Social.org domain name is up for sale The auction starts tomorrow and ends three days later,on March 23,2012.This will be a no-reserve domain name auction run by NameJet.com.
Social.com domain name was sold to SalesForce for $2.6 million last year and was the highest reported domain name sale of 2011.You can read the press release after the jump :"Web developer Insecure.org is pleased to announce the upcoming sale of its prized domain name Social.org at a no-reserve auction hosted by NameJet.com from March 20 until March 23. Interest is high in this name after the reported $2.6 million sale of the similar name Social.com to Salesforce last year. Social.com was the highest reported domain name sale of 2011, according to the Domain Name Journal.Social.org is particularly valuable given the growing success of social networking companies, including the planned $100 billion Facebook IPO. Insecure.org CTO Gordon Lyon, states that "Social.Org is an extremely powerful name, combining the enormously popular ‘social’ keyword with the ‘Org’ extension that is commonly used by community/social sites like Wikipedia.org, Craigslist.org, WordPress.org, and Google’s OpenSocial.org. Companies that might be interested include social networking players like Facebook, Twitter, Google, Zynga, or LinkedIn; community/deal sites such as LivingSocial; dating sites; social media sites; or even a new, disruptive startup!" More than 360 potential buyers have already submitted pre-bids.
Social.org is being sold at a no-reserve auction, meaning that it is guaranteed to sell. The public auction will be run by the well known domain name auction house Namejet.com. The auction starts on Tuesday, March 20 and ends around Noon Pacific Time on Friday the 23rd.
Potential buyers may submit pre-bids of $69 or more here .
