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Archives de mots clés: auction

SnapNames User Name “Halvarez” Was Nelson Brady, VP of Engineering Bidding on Domain Names

According to a statement from’s SnapNames, an employee was found to have bid in 5% of their auctions since 2005 and in some cases arranged for a partial refund of the sales price after winning an auction. DNN also confirmed the bidder as Nelson Brady, the VP of Engineering. He was bidding under the username “halvarez”.

In a statement issued today, the company offers compensation to any potentially affected customer:

To avoid any question about whether the company benefited from this conduct, SnapNames will offer a rebate to impacted customers, including 5.22% interest (the highest applicable federal rate during the affected time period), of the difference between the prices they paid in winning auctions, and the prices they would have paid had the employee not bid in the auctions. Impacted customers will be notified by SnapNames or its representative with instructions for the offer of a rebate.

SnapNames also has taken further action to ensure its policies regarding auctions are followed, and the company remains committed to taking whatever action is necessary to protect the integrity of its auction platform.

SnapNames deeply regrets this situation and is committed to addressing its customers’ needs quickly and fairly.

Customers with questions may contact SnapNames at or via phone at +1 (866) 690-6279 (toll-free in the U.S.) and +1 (503) 241-8547 (outside the U.S.). The company has also posted a FAQ on their website.

The employee has been dismissed from the company and SnapNames is further investigating the incident.

For years, the domain community has questioned specific bidding practices by at least one frequent bidder with the user name “halvarez” . Forum posts have questioned and speculated on this bidder’s unusual activity for many years and SnapNames officials confirmed today that this user name is indeed the internal employee.  We now also know that the employee was the VP of Engineering, Nelson Brady, as confirmed by a spokesperson of the company. . . .


author : Frank Michlick

French Domain Name Sells for $115,000

.Fr domain takes top honors on domain sales list.

The French country code domain name, which means “mutual” as in mutual insurance company, has sold for 78,001 EUR at Sedo. That’s about $115,000 USD at today’s exchange rates.

The sale was the biggest by far for the week at Sedo, perhaps because some of the biggest buyers were hanging out in Key West.

Here are some other notable sales completed at Sedo over the past week:

.com 13,000 USD 11,000 USD 11,000 USD 10,500 EUR 10,000 USD 10,000 GBP 8,000 USD 7,800 USD 7,000 USD 6,500 USD 6,000 USD 5,500 USD 5,500 EUR 5,100 USD 5,000 USD 5,000 USD 5,000 USD 4,600 USD 4,250 EUR 4,000 USD 4,000 USD 4,000 EUR Cheap tickets in Spanish

ccTLDs 6,250 GBP 6,000 EUR 5,500 EUR Star politician in German 5,200 USD Rossman pharmacy in German 5,200 EUR Make profits in French 5,000 EUR 5,000 EUR 5,000 EUR 4,999 EUR 4,999 GBP 4,760 EUR Kennel cough in German 4,500 USD 4,400 EUR Implicit in German 4,100 EUR 4,000 EUR

Other 8,000 USD 7,000 USD 6,000 EUR 5,000 EUR Insurance in Dutch 5,000 USD

source Auction Closing Soon

“As far back as I can remember,” Henry Hill said in the opening of the hit movie Goodfellas, “I always wanted to be a gangster.” And with only three days left in the auction, you have the opportunity to win this domain name that has already received 18 bids and 1477 page views on eBay. is a premium domain name with a wide range of development options. It could be used for a music label, a TV series, a book series, an eCommerce site for mafia and gangster related products, or even as a hub for a massively multiplayer online role-playing game (MMORPG) similar to Mafia Wars or World of Warcraft.

“People just really like the crime genre,” said Mark Pincus, the CEO of Zynga which publishes Mafia Wars, in a CNET article titled How the Mafia Conquered Social Networks. “I think that people like fantasies that are closer to reality.”

author : Chad Kettner

Live Current Sells Domain Name for $1.1 Million

Live Current sells domain name for seven figures.

Live Current Media has sold the domain name for $1.1 million through domain brokerage Sedo.

The domain has a storied history. Live Current, when it was known as, sold the domain name as part of a package including,, and Part of the sale included lifetime royalties on all earnings for these domains. reacquired in 2006 in exchange for eliminating the royalty provision. The company valued this future royalty stream at $250,000. In other words, it traded in $250,000 in future revenue in 2006 for a $1.1M sale in 2009. was surely one of the two domains Live Current announced in a press release last week that it had sold for a total $1.6M. The other domain was likely for $500,000.

That press release also mentioned the company’s sale of for $1M cash plus $750,000 in other consideration.

Sedo brokered many other high profile domain name sales in the past week, including for $225,000, for $90,000, and for 67,500 EUR.


Toys ‘R’ Us, Frank Schilling Among Bidders to Pay $1.35M or More for

6 companies to bid in Friday’s auction.

In a review of qualified bid documents, Domain Name Wire has discovered some familiar faces in Friday’s auction of Frank Schilling, National A-1 Advertising, and Toys ‘R’ Us to name a few. It’s clear that the press coverage of the original auction brought more bidders out of the woodwork.

Most of the bidders submitted an initial bid of $1.35M, as I predicted. But it’s clear the auction will go much higher than that. Bidders include:

Toys ‘R’ Us via Eagle, LLC
National A-1
Schilling Aviation Corp (Frank Schilling)
Socha APA David William Socha
Faculty Lounge Partners

Faculty Lounge Partners won the initial auction and will be the “stalking horse” bidder in this auction.

It’s interesting to see Frank Schilling bid through a company other than Name Administration Corp. Perhaps its the size of this deal that requires a separate corporate entity.

Also, some bidders made massive deposits or escrow payments, despite only a 10% deposit required. National A-1 Advertising plunked down $1.5M, Socha deposited $0.5M.