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Domain Investing Stats and Tips

Think.ai being reauctioned after no pay last month

May 4, 2020 by Raymond Hackney

Last month Whois.ai showed Think.ai closing at $21,009. Namebio recorded the sale.

.Ai domain names

 

think.ai 21,009 USD 2020-04-06 Whois.ai

It turns out it did not get paid for and is closing today, the domain is over $20,000 already and it will be interesting to see if it gets paid this month.

Auctions work like this on Whois.ai

Auction FAQ

Who can bid on .ai domains?
Anyone who makes a login on auction.whois.ai and deposits $100 can bid. If they win an auction and do not pay the full amount they will forfeit the $100 and the domain will go up for auction again next month. The $100 can be used toward the purchase of a domain. If a user spends all their credit paying for a domain they would have to deposit another $100 if they want to bid on a future auction.

The auctions start on the 4th Friday of the month at noon Anguilla time. They go for 10 days, so till noon the second Monday after that. With late bidding it can be extended.

You have exactly 2 weeks from the time the auction closes. So if it closes at noon Monday, you have till noon Monday 2 weeks later. If there was late bidding and it did not close till 2:30 then you would have till 2:30. You should put credit in your account and then the system will attempt to use the credit to pay for domains in the AM hours. We did this so that payments are not going on when an auction is finishing as that had caused some urgent problems. Note that wire transfers can take a week. You should take care of payments right away. Do not wait till the end.

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Filed Under: .ai

About Raymond Hackney

Raymond Hackney has been involved with domain names since 1997. One of the most prolific writers in the domain industry and founder of TLDinvestors.com and 3Character.com

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