Well, I wasn't going to jump in, but I'll fill you in on it's background a bit and why I chose to sell it in such a manner. That way, you can just hear it from the source.
My goal was to take Travel.Agency and Raindrop.com and turn them into a pair of travel sites. One for content, and one for booking. A typical wild, domain investor fantasy development I guess. Unfortunately, the more into the project I got, the less I had time to spend with my son, my wife, and just about everything else. I was consumed 24 hours a day, and just didn't even have the time or resources to push it forward as fast as I would have liked. You'll notice Raindrop.com is now down too, and I am in the process of planning another, domain industry related site. But that's another story. Anyway.
Not true, I'm openly diverse about my acquisitions. I'm a wild man at heart. One day I may pick up a few hundred Chinese pattern domains, the next I'll go on a .co buying spree. At the end of the day, If I like a domain name, and believe in it's potential, I will buy it. It's worked for me thus far. I am also a believer in nGTLD's and have set myself up with a few in some key verticals with the future in mind. A good domain is a good domain is a good domain is a good domain. I've learned that the hard way.
Plus, I'm not selling to reinvest into buying more domains, I am liquidating specific parts of my portfolio, including .com's, to fund my new Raindrop.com project.
Fair to think that, but not the fact here for me. There is not much outbound history on this domain name, however, there have been a few endusers invited to this particular auction, whether they show up or not, is up to them.
As whole, nGTLD's are a huge topic of conversation. From renewal rates, to longevity, to whatever else. For me, and in my personal life, I am a fan of SOME of them. Not all. The right combinations are something I really enjoy buying, and have sold quite a few of. I'm okay with the renewals. $499/yr to me for a domain name isn't as eyeball popping for the reason that I pay that much a quarter for internet access... so it's worth it to me.
I believe that if a company/developer decides to buy a domain of this magnitude, then they should have no problem seeing $41.58/mo as much of an expense. Especially when compared to all the other expenses a business requires to operate properly. Even as a domain investor, some cannot fathom paying certain renewals rates, others can. It's all about the person, and their wants and needs. The value is in the belief of the brand, some will believe, some won't.
It will be bitter sweet to see it go of course, and I'm sure one day I'll look back and regret it, but right now, I have a plan, and I want to fund it. So why not? At the very worst, it will give a view of premium nGTLD value in the current state of the market. Which helps me with my other similar domain names, and hopefully others too.
Regardless, I am in it for the experience. It should be great to be a part of the auction.