A very rare and remarkable incident occurred at the GoDaddy site. The CSEBKerala.org was put up for auction among others. In the opinion of even sophisticated domain investors, it does not represent any special value. An active site has never worked on the domain, which would provide traffic “backdating”, from the point of view of search engine optimization, the name also does not look promising. Market experts approximately estimated it at $2,000.
What was their surprise when, by the second day of trading, the rate for this domain had come close to $70,000. Domain Name Wire author Sean Markey was so surprised that he asked Twitter users what they think is the reason for such a high demand for an unremarkable domain. The answer was given immediately by several users from India. They reported that CSEB is an abbreviation for the Kerala State Co-Operative Service Examination Board, the name of the Indian state of Kerala certification board that organizes exams, the successful completion of which gives the right to get a job in a particular specialty. Users expressed confidence that those who offer huge money for the CSEBKerala.org domain intend to use it for fraudulent purposes.
Obviously, GoDaddy representatives came to the same conclusion. After a short time, the rate on the CSEBKerala.org domain was already a little over a thousand dollars. According to the Domain Name Wire, the administration of the site considered it necessary to “reset” the auction and block all participants in the auction, whose bids they considered suspicious. The end of this story is still open. Toward the end of the auction, the bid for the CSEBKerala.org domain rose to $16,000, and it is not yet known whether GoDaddy representatives will consider this result suspicious.