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Shill bidding : NameJet suspends accounts, announces changes to domain marketplace

NameJet has announced immediate measures to ensure the domain marketplace remains a destination of choice, following allegations of misconduct by a number of sellers. Effective immediately, several domain bidding accounts have been suspended, and the full measures can be seen in detail below: Shill Bidding Update And Platform Improvements Friday, July 21, 2017 Jacksonville, FL […]

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Here’s what NameJet is doing about shill bidding

Company releases statement including changes it is making. Domain name auction site NameJet has posted an update about allegations of shill bidding and what it’s doing about it. You can read the full statement here, and here’s a summary: 1. NameJet has suspended some accounts that were bidding on their own domains. 2. The company […]

The post Here’s what NameJet is doing about shill bidding appeared first on Domain Name Wire | Domain Name News & Views.

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Bots for domains : NameJet “shilling scandal” fizzling out

The alleged “domain shilling scandal” identifying an active group of NameJet sellers and bidders as “shillers,” shows signs of fizzling out. Domain auction platform, NameJet, has yet to come up with an official final statement about their investigation; meanwhile, three parties involved have stated their side of the story, among more than 40 pages of […]

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More thoughts on NameJet and investigating bad behavior

Let’s unearth bad behavior. Let’s also let NameJet properly analyze it. Whenever there’s breaking world news, news outlets rush to cover the news. They don’t have any details so they resort to pure speculation. The facts usually end up being very different from the speculation. That’s why when I see breaking news I usually wait […]

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Domain Memes : The Shillbid Redemption

Domain Memes is a section on DomainGang where we poke fun at various current events in the domain industry; quite often, to emphasize important, funny or extraordinary elements of domain investing in a meme. Today’s subject is the published allegations of bidder misconduct (“domain shill bidding”) at NameJet, and while the investigation is ongoing, one […]

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NameJet sellers at center of shill bidding questions

Questionable bidding sparks outcry. Domain name auction site NameJet is caught up in a bit of a scandal around shill bidding involving sellers that use its platform. As detailed over at NamePros, it started with a question about bidding by domain investors Andy and James Booth. It appeared with Andy Booth was bidding on his […]

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Namepros member questions if people are bidding on own auctions at NameJet

WebQuest started a thread at Namepros that is picking up steam fast. The topic is on people bidding on their own names at NameJet. Once in awhile I see people bidding on their own domains at NJ. I would think it would be frowned upon. Today’s seems more obvious than normal. Or am I missing […]

The post Namepros member questions if people are bidding on own auctions at NameJet appeared first on TheDomains.com.

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More expired domain changes: Pheenix jacks up prices

Drop catching service is increasing prices significantly this week. A lot seems to be going on with drop catching expired .com domain names. Verisign is definitely up to something that is going to change how services capture domains. Now comes news that Pheenix, the least expensive of the big three drop catchers, is significantly increasing […]

The post More expired domain changes: Pheenix jacks up prices appeared first on Domain Name Wire | Domain Name News & Views.

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ICANN expects to lose 750 registrars in the next year

ICANN is predicting that about 750 accredited registrars will close over the next 12 months due to the over-saturation of the drop-catching market. ICANN VP Cyrus Namazi made the estimate while explaining ICANN’s fiscal 2018 budget, which is where the projection originated, at the organization’s public meeting in South Africa last week. He said that […]
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