The auction, which will run through January 24, will feature many highly sought after domains, including flats.com, Indian.com, latest.com, test.net and other one-word premium domains.

This marks Sedo's first GreatDomains auction since December's record auction that featured 308 bidders from 42 different countries who bid on a range of premium domains including via.com, which closed at $157,500, and click.net, which closed at $56,000. The total dollar amount of the auction reached almost $1.7 million, which was accomplished largely in part by the sale of domains like chica.com ($41,000) and fattuesday.com ($16,500). 

Sedo announced in November that it concluded its second .mobi "premium name" online auction on November 7, generating $760,000 for generating mobile content tools like taxi.mobi, dating.mobi, homes.mobi and adult.mobi.