Blogster is a developed web site that I own that has about 31,000 active registered users. I have decided to sell Blogster and I am going to put it along with Greasy.com and Fishingsupply.com up for auction in Moniker's extremely popular and growing live auction at T.R.A.F.F.I.C West in Las Vegas in early March. Since Blogster is more than just a domain name, it should command a higher value. It currently gets about 6,000 unique visitors a day, which is pretty valuable traffic. The Blogster community is unusally active and passionate for such a relatively small amount of traffic. The right owner that wants to take it forward as a social network/community site could really blow it up to be something big. I really wish the members of Blogster could pool their resources together and form a buying group that could purchase Blogster and then run it as an employee owned portal, I'm not sure they have the cash to do it, but maybe it could get done. Moniker gets approximately 30,000-50,000 domains submitted to them for sale. Only the top 300 or so domains make it to the 3-4 hour live auction, while many of the rest get placed in a silent auction that runs for a few days after the live event. There have been some 100,000.00 sales that actually happen in the silent auction. For a domain name to make the cut, Moniker first sends all the names out to a third party company that scrubs the list down based on proprietary criteria. Then those names are sent back to Moniker for further scrubbing by Monte Cahn, their CEO. The hope is that Blogster and Greasy will get to the live auction, because that is where the bigger dollars are and the most attention. Domain names are really realestate investments and property to build on. For interested buyers of domain names at this conference, you can actually borrow up to 60% of the appraised value of a domain name from Domain Capital , so wish us luck.
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