Auction Timeline

*Auction Website opens
*Posting of domains begins; NICIT Exclusivity Sales Agreement takes effect.
*NICIT begins examining domains, assigning domains to the Silent Online Auction and nominating premium domains eligible for the
Live Auction. All other domains will remain on the waitlist
*Submission of contracts for Live Auction Domains (required for participation) via fax or (post)mail begins

*Live Auction Domain contracts due no later than 6 pm (GMT +2)

*DOMAINfest Amsterdam opens
*Bidding on NICIT Silent Online Auctions begins
*Presentation of Auction Instructions by NICIT and the auctioneer at 6:30pm

*5:00 -7:00pm (GMT +2) Live Auction

*Bidding on unsold Live Auction Domains in the silent online auction starts

*Silent Online Auction concludes as bidding deadlines are met.

* End of NICIT’s Exclusivity Sales Agreement; unsold domains may be sold elsewhere

*Auction-Website opens
*Participants given access to domain lists
*Submission of Prequote Written Bids on Live Auction Domains begins for domains accepted into the Live Auction

*Submission of written Prequote Bids on Live Auction Domains ends at 6 pm (GMT +2)

*DOMAINfest Amsterdam opens
*Website opens for bidding on NICIT Silent Online Auction domains
*Registration opens for bidders participating in the Live Auction
*Submission of Prequote Written Bids to NICIT staff at DOMAINfest starts
*Presentation of Auction Instructions in the afternoon by NICIT and the auctioneer at 6:30pm

*Second day of the DOMAINfest Amsterdam
*Registration for bidders participating in the Live Auction continues
*2:00 pm submission of written Prequote Bids to NICIT staff at DOMAINfest ends
*5:00 pm Live Auction begins
*7:00 pm or later Live Auction closes
*Verification of auction winners (buyers) and signing of contracts
*Clearing of domain sales begins

*Bidding on unsold Live Auction Domains in the silent online auction starts

*Silent Online Auction concludes as bidding deadlines are met.