this post was submitted on 11 Feb 2025
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FediLore + Fedidrama
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Chronicle the life and tale of the fediverse (+ matrix)
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How does anyone know that this is a fair auction. As much as the users may be hated or disliked, I still don't believe in companies or corporations taking advantage of people like this to make a cheap buck.
Who's to say that every bid in the auction is being artificially raised by a company rep and no matter what amount anyone comes up with, the owner will just keep raising it until they find a really high value.
Shitty situation all around and as much as they are not liked, I wouldn't want anything like this happening to any honest instance out there.
Thats always risky and I highly doubt it, they could just not buy it and then they're stuck holding the domain and can't sell it for a cheaper price immediately after