Excellent post! I think your comments about liquidity in the domain industry are spot on and I think Bido is in a great position to achieve this. However, I have to admit that I don’t think Bido is there yet.

In the future, I would love to see Bido move from a one domain auction per day platform to become a platform that many can access and take advantage of.

One idea is for Bido to offer memberships to domainers who want to use the platform to sell their domains. Then, instead of selling one domain per day, Bido can bre in the business of providing a place where hundreds or thousands of domains can be sold every day. This will provide much better liquidity in the market as well as a bigger pay day for Bido.

Can you have this done by the end of the month?

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Hi Lou, and thanks for the feedback, it is much appreciated!

Bido will be an open platform, not by end of month though, but sometime by end of year. Takes time to put the pieces together and there’s much more to it than getting a few extra servers for the load. To give you some ideas, dealing with expert commentary for one domain a day is one thing, but hundreds or thousands of domains per day is completely different. Dealing with payments or transfers for one domain vs. thousands is different. In term of user interface, ours in the current system is very rough and technical as we understand all but to make it to every day folks is completely different. From tech perspective running one vs. thousands is a major expense. And there’s much more here I’m not disclosing, including modules that are in the works and will be introduced soon to make the platform even better.

So the short answer is we’re in full agreement. We’re not there yet but will be soon. As far as memberships go, it’s an idea..

Cheers

Sahar

Great post, thank you for sharing. I certainly agree with what you are saying and am acting on those concepts now, as you and others are. Providing the ‘picks and shovels’ to an industry has always been an attractive proposition and the time to do this in Domaining is now.

Randy Charach

I have about 200 sites (with some client sites) and that’s my plan here in a mostly manual operation. The Geo sites have area content and advertising to boost traffic to any other appropriate sites.

Sites are linked (or will be) via the banner exchanges and other mechanisms. Internal Network exclusive content will be reused as appropriate. Etc.

We have two servers mirrored to each other that are a CDN for images right now (and other plans down the road) with round robin DNS. Three diverse DNS servers. And two boxes that spider and mirror our sites locally.

I figure another two years to get it all built since this is a sparetime operation. There’s a lot to do but what I’ve done so far is showing me the way.

A really good read!

Thanks for sharing this information - I know it takes time to work on these posts and I want to thank you for supplying this information to the Domaining Community.

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Thanks Rob. Yes, it is time consuming. The way I look at it is really simple: The best way to learn is by teaching, as when you teach, you must break things into fundamentals to explain them better. Essentially, while others benefit, I benefit as well.

Cheers

Sahar