Ross Conte of popular domain blog YGrab has launched 1DollarNames today. A unique forum marketplace featuring, you guessed it, $1 domain name reserve sales.
This means that each domain name listed for sale on 1DollarNames.com will sell if a $1 offer is made.
That is, of course, a risk that a domain seller has to take similiarly to the wildly popular Bido.com daily live auctions.
This could mean that only quality domain names will begin to appear soon on 1DollarNames. I may give it a try myself with a domain that is obviously worth much more than $1, so be on the lookout!
You can also follow @1DollarNames on Twitter for auction updates and while you’re at it, check out @DNMarket also.
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