According to Ebay.com, the domain name Cycloastragenol.com just sold for a final price of $20,100. The domain had 41 bids from 4 bidders. The auction page with all of the finals can be seen here.
Cycloastragenol appears to be the primary ingredient in some supplements used to slow the aging process in human skin, thus making a person look younger longer. Cycloastragenol.com is an actual site as well, and holds the #1 spot for the search term Cycloastragenol. The site is run by RevGenetics who was also the seller on Ebay. The following statement is located on the website.
The following news and studies mentions research done in animals and in labs with Cycloastragenol. We use Cycloastragenol from Astragalus in our products, however we do not claim our products will act exactly in the same manner as in the studies, and only produce dietary supplements at this time. We only present the information for your consideration.
According to the sales pitch on the Ebay auction page, RevGenetics promotes Cycloastragenol as “cutting edge”. Whether it is or isn’t, search results would tend to back it up either way as they are minimal. When searching Cycloastragenol on Google, only 13,400 results are returned, next to nothing by Google standards. Google keywords tool has Cycloastragenol exact searches at 880/mth at $0.55 est PPC.
Alright, so this all seems extremely fishy from the product/ingredient itself down to the selling price $20,100 for a domain that might not even make it into Stephen Douglas’ Future Trends Auction. Whenever I see “these statements have not been evaluated by the Food & Drug Administration”, me and most people I know automatically think ‘scam’. RevGenetics site makes claims that are ‘backed up’ by a single study or two. This is the way that lots of illegitimate ‘herbal supplements’ make their money. Nobody is going to buy something they’re unsure of so all it takes for most is a doctor they’ve never heard of saying that it works.
But, scams are big business. Whether Cycloastragenol is the next big placebo or the next legitimate medical breakthrough, $20k seems like an awfully big gamble at this point in time. I don’t have much experience with Ebay auctions but one thing I do know is they make it pretty darn easy to shill bid. My best guess is the final price of this domain was run up by two of RevGenetic’s bidders, as the only 2 bidders that had anything to do with the serious bidding didn’t have any other bidding history in the past 30 days. The bidding at one point also jumped inexplicably from $120 or so to $10k.
So, shady product plus outrageous domain price…if it walks like a duck and quacks like a duck, its probably a duck…or in this case someone trying to drive up the price on a crazy domain name with marketing material and the illusion that the domain is much more valuable than it really is. Anyone who did an ounce of research on this domain would realize that the domain certainly isn’t worth the price it went for. I doubt any semi-serious domainer on any respectable auction platform would fall for such moves. I guess that’s why they chose Ebay.