Media Options domain broker together with Australian company Media Pty declared about the launch of DNX.com site beta-version. Its name is the abbreviation of Domain Name Exchange and the site itself is positioned by its creators as a sort of “domain names market”.
Now free domain names are put up on auctions and are passed into ownerships of the buyers who offered the largest amounts for them. However in case if no one offers even the starting price the domain name is shifted off the auction till better times which can take a while for the owners. For those who is willing to prefer real money now to hypothetical huge amounts in the doubtful future, DNX.com seems like a good alternative.
The service is arranged on the principle “auction vice versa”. Domain names put up for sale and their cost are published on DNX.com site. If this or that name doesn’t find its buyer in 30 days, the mechanism of a vice versa auction takes place. During random periods of time the prices for domain names will be reducing, notification of which will be received by all the site users.
DNX.com creators emphasize that the duration of the reduce period is defined by them only and is kept secret as to not allow an unfair game on reducing, and the minimal acceptable price is coordinated with the domain names owners. At the moment there are 57 vice versa auctions on domain names sale.
