Stephane Van Gelder

As I've stated before, I don't like registry-run auctions. To me, there's something simply not kosher about the guys that have a monopoly over a given resource, be it domain names or anything else, getting prospective buyers to bid instead of making sure everyone has equal access at equal pricing.

It's a little like the water company basing its prices on people's needs: the thirstier you are, the more you pay…

But as usual, I'm ready to be proved wrong. And I wonder if Edmon, Leona and the rest of the guys at .ASIA haven't just done that by showing there's at least one case where registry-run auctions make sense.

That thought entered my mind while reading through their latest press release, celebrating the "historical smooth completion" (sic) of the first of the .ASIA Sunrise auctions. The release gives some indication of how the auctions went : "The average winning price for the first batch of contended auctions netted over US$1500.00 per domain, with high bids for domain names reaching beyond a few ten-thousand dollars."