Godaddy expired domain auction

webmasterbeta

New Member
Godaddy has this 'expired domain name auction'... people can bid for those expired domain names when they are in redemption period. It seems that the winner will take over the domain name and this name will not be available for others to grab...

My questions are
1. if this works, what's the value of those domain name grabbing service (e.g. pool.com)?
2. do all registars do the same?
 
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