The Sky Isn’t Falling for .mobi Names
Here is a quick note to share my perspective for domainers who read blogs warning of a mobi meltdown. They are saying that a lack of a significant breakthrough sale in .mobi names means the tld’s value is collapsing. I believe this is true only as it relates to overall domain sales in the short run and is not a long term concern.
True, there was no breakthrough high sale as there have been in other auctions. It is also true that many of these sales are in line with the midrange sales of previous auctions. As for the midrange names, in my comment earlier, I noted that two proven .mobi investors were locked out of the bidding for this round of names because the software necessary to bid runs only on windows machines and not mac. I am specifically referring to the price of boats.mobi – which would have gone significantly higher had these two individuals been able to bid. Two people do not a market make, but these two have a history of a strong belief in dot mobi and the funds to back it up. Who knows how many others were similarly affected but did not speak up.
If I believed the logic that Friday’s auction results are a true indications of the long-term strength of any top level domain (tld), it would also lead me to be concerned for the future of LL.com’s – after all, ow.com sold for $120,000 USD. I’m not concerned about the long term value of LL.com, and I am equally unconcerned about the long term value of .mobi.