v.io to sell for at least $40,000

It looks like the domain v.io is going to sell for at least $40,000, according to Divido. I got this email yesterday:

Dear Sir/Madam,

Thank you for registering your interest in V.IO following the decision by the .IO Registry to release 1 and 2 letter domain names in a fair and equitable manner.

Since our last invitation to you to submit an offer for the name V.IO we have received a number of offers, the highest of which is $40,000.

Management has agreed to a Fast Track the release of this name and we write to ensure that everyone that has expressed an interest in V.IO has the opportunity to bid should they want to.

Any offers for the name V.IO should be sent to admin@divido.org and include your name, the domain name and your best offer price by the 24th September 2014 @ 12 noon UTC.

All purchases made via fast-track process will be registered for an initial 10 year period. During that time you can manage the domain in the standard way, transfer it or resell it. After 10 years period the standard renewal price will apply.

We hope the above is clear and should you wish to submit for V.IO, we look forward to your email confirming your best offer.

Many thanks

The Auction Team Divido.org