A pair of domain investors working for GoDaddy, are implementing “quantum physics” to their investing benefit; by winning the best auctions across NameJet, GoDaddy and Flippa.
“The introduction of quantum domain bidding is a reality that no domain investor can ignore,” said Lisa Fatbottom of Yucatan State University.
“Our professors worked for the past two years to implement solutions that will be used across the entire gamut of Internet bidders, in the next 18 months,” she added.
Not surprisingly, the patent of quantum computing in domain bidding, is being applied for by GoDaddy, the company that holds several dozen other patents, including the infamous 247284377-B about sending and receiving email over a global network.
“GoDaddy has been funding the quantum bidding project, that’s not a secret,” said Fatbottom. “We love our sponsors and that’s how science progresses these days; there is no room for pure altruism in the research field,” she added.
By using quantum computing across domain auction venues, the GoDaddy testers are able to win several dozen auctions simultaneously; their bids both exist and don’t exist until the last few milliseconds, thus fooling the reserve price mechanism that never kicks in.
The patent will be worth billions, once approved at the USPTO, making GoDaddy the biggest repository of domain auctions in the known cosmos.
Kudo’s to the owner of SchrödingersCat.com 🙂 that’s someone thinking inside outside of the box! 😮