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More end user domain name sales
A car insurance company, a bookseller in South Africa, and an art studio bought domain names.
Sedo’s top public sale this week is PTSD.org. It’s still forwarding to the former owner’s website, so we’ll have to wait to find out who bought it.
Cryptocurrency-related companies continue to buy domain names at Sedo, including three of the end user sales uncovered.
Here’s a list of some of the end user domain name sales that were just completed at Sedo. You can view previous lists like this here.
Wilhelmus.nl €30,000 – This one is odd. The buyer published a wiki about the Dutch national anthem.
imtoken .cn $30,000 – imToken is a platform for managing blockchain assets.
Rool.com €14,700 – Groupe Indenticar, a French supplemental car insurance company. I can’t find any connection between this term and the company.
Koinly.com $10,000 – Koinly is a cryptocurrency tax calculation service.
Reading.co.za $10,000 – MoveOnUp cc in South Africa bought this domain. It sells books focused on gardening, healthy eating, and other “green” topics.
Androgyny.com $6,500 – This is in development by the Lexander Gallery of Contemporary Art and Design in New York.
LUV.us $5,885 – Blossom Technologies, Inc. is a Florida company that builds technology for credit unions.
Dewetron.cn €5,500 – Dewetron is an Austrian manufacturer of end-to-end testing and measurement systems for the energy, automotive, transportation, and aerospace industries. It forwards this domain to Dewetron-cn.com.
SerrePoncon.com $5,219 – The Tourism Office of the Serre-Ponçon region in France bought this domain.
Duschkabine.de €4,000 – SK Montage is a German shower glass/back company. It forwards this domain, which translates as “shower cubicle”, to its website at skmontage.de.
HD-Group.de €3,500 – HD Group is a German manufacturer of custom doors, deck structures, and pools. It forwards the domain to HD-Group.net.
Dogeshop.com $2,500 – The buyer is building a place where you can buy and sell physical stuff using Dogecoin.
Hikvision.co €2,500 – Hikvision is a Chinese digital security video camera manufacturer. It uses Hikvision.com for its website.
Segenssprueche.de €2,200 – The domain forwards to a website for the Protestant Church in Hesse and Nassau (EKHN) in the western region of Germany. It translates as “blessings” in Luxembourgish. The .com version of this name isn’t registered.
Post link: More end user domain name sales
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Gorgonzola and cybersquatting: it depends
Why the Italian cheese consortium is winning some cases and losing others.
The owner of Gorgonzola.blue lost its domain in a UDRP.
A World Intellectual Property Organization panelist has ordered the domain name gorgonzola.blue to be transferred to Consorzio per la Tutela del Formaggio Gorgonzola.
Consorzio per la Tutela del Formaggio Gorgonzola is the consortium in Italy tasked with controlling the use of the name Gorgonzola for cheese.
It has filed eight UDRP cases against domains with Gorgonzola as the second level domain.
It won the transfer of gorgonzola.best, and withdrew cases for .xyz, .fun, .agency, and .info.
It lost cases against gorgonzola.club and gorgonzola.city.
So why is it winning some cases and losing others? There’s a bit of nuance.
The domain owner in the .club decision was in the U.S., and the panel noted that the consortium didn’t show that Gorgonzola was a trademark there.
In the .city case, Digital Town registered the domain as part of a collection of .city domains, so it was clear the domain referred to the Italian city, not the cheese.
(Digital Town later let the domain expire, and the consortium didn’t pick it up, so it’s available for registration. It makes you wonder why a company would pay thousands of dollars for a UDRP but fail to register its domains in other available extensions. Also available: .shop, .co, .buzz, .FYI, and dozens/hundreds of others. It appears the consortium hasn’t even chosen to use Donuts’ string blocking service.)
The registrant in the .blue case is based in Ireland. Gorgonzola.blue pointed the domain to a parked page with ads related to cheese. Thus, the panel found it was registered in bad faith and ordered it transferred to the consortium.
Post link: Gorgonzola and cybersquatting: it depends
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DN Wholesale Exchange adds Dutch auctions
Sellers have a new way to liquidate their domains.
Domain Name Wholesale Exchange added Dutch auctions last month and recently tweaked the bidder UI to improve the service.
Sellers can list domain names with any starting price between $250 and $2,500. The price decreases every day for 10 days, at which point the price is $99.
Because all domains can sell for as little as $99, sellers need to be willing to sell for that price even if they set a starting price over the baseline of $250.
Based on feedback, the service updated the Dutch auction UI to show when the next price drop will occur and what the new price will be.
Domain name registrar Epik also offers a Dutch auction domain liquidation service. Prices drop to $9 on its service, although sellers can set a higher minimum/final price.
Post link: DN Wholesale Exchange adds Dutch auctions
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Naming a sports franchise is hard. Sound familiar?
Domain name owners know about some of the pitfalls of naming. Renaming a sports franchise can be even harder.
FiveThirtyEight published an interesting article today that answers a question I’ve had: why hasn’t Washington’s NFL team announced a new name yet?
It turns out that naming a sports franchise is like selecting a company name but can be more complicated. And renaming one? That adds to the complexity.
John Rizzardini, who helped name the Seattle Kraken NHL team, paints a familiar picture:
…You corral a bunch of creative folks in a room with a big whiteboard, sip a few cocktails and brainstorm. Everyone’s brimming with ideas and positive energy, ready to collaborate on this epic creative process. Someone will come up with the right name, a moment of epiphany when everyone shouts, “That’s it!”
If only it were that simple. And ask anyone who has tried to just select a company name and domain name, and they’ll tell you the process is fraught with pitfalls.
It’s an interesting article, and I think any company that has gone through the naming process can relate to some of the challenges.
For more on company naming, listen to my podcasts with naming consultants Eli Altman and Anthony Shore.
Post link: Naming a sports franchise is hard. Sound familiar?
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French company files .eu dispute in bad faith
Panel finds Jean-Marie Loirat, and Kinetik Sport filed cybersquatting dispute in abuse of the policy.
A World Intellectual Property Organization (WIPO) panelist has found that Jean-Marie Loirat and Kinetik Sport filed a cybersquatting dispute in bad faith.
The Complainants filed the dispute over the domain name kinetiksports.eu, registered to Nicky Allard and KinetikSport GmbH. Shockingly, they failed to mention a long-running business relationship between the Complainants and Respondents, as well as an ongoing trademark dispute.
Panelists don’t like when a Complainant makes key ommissions in a cybersquatting complaint, and these omissions were critical to the case.
WIPO panelist Adam Taylor wrote:
By leaving out these crucial background details, the Complaint gave the misleading impression that the Respondent was an unrelated competitor who had egregiously sought to impersonate the Complainant by misappropriating its “Kinetik” name and logo. If the Respondent had not filed a Response, an injustice might have been done.
GBA Avocats in France represented the Complainants and Finnian & Columba represented the Respondents.
Post link: French company files .eu dispute in bad faith
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CentralNic reports 16% organic growth in Q1
Company reports organic growth in all three of its business segments.
CentralNic (London AIM: CNIC) reported earnings for Q1 today.
The company said its organic revenue grew 16% compared to Q1 2019. It said that all three of its business segments grew organically year over year.
With acquisitions, revenue grew 48% to $84.4 million and gross profit increased by 58% to $27.9 million. The company’s adjusted EBITDA number increased by 23% to $10.1 million.
The company expects full-year numbers to be in line with market expectations.
CentralNic is renaming its monetization segment “Online Marketing” because the company added multiple ad businesses last year. It said that none of its marketing platforms use third-party cookies or collect personal data on customers, so it expects them to do well as Chrome blocks third-party cookies and Apple institutes its new privacy controls.
Post link: CentralNic reports 16% organic growth in Q1
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Great domain investing insights – DNW Podcast #340
Listen to these great insights to help improve your domain investing.
I’ve interviewed many great domain investors for this show, and some have left a great impression on me and listeners. Today, you’re going to hear some of the valuable insights I’ve gained over the past year from select interviews. You’ll hear from Mark Levine about his success with .io and .gg domains, you’ll get a sample of Logan Flatt’s domain sales, you’ll hear about what Elkhan Agamirza looks for in four-letter domains, and you’ll listen in to an evaluation of my domain shortbread.com with Michael Cyger.
Also: Bhavin’s big bucks, .Web decision, meet in Seattle? and more
Sponsor: Sav.com
Subscribe via Apple Podcasts to listen to the Domain Name Wire podcast on your iPhone or iPad, or click play above or download to begin listening. (Listen to previous podcasts here.)
Post link: Great domain investing insights – DNW Podcast #340
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What’s next for .Web
This week, ICANN published an Independent Review Panel (IRP) decision in a long-running dispute about .web. You can read the background and the result of the decision here.
So, what’s next for .web? It depends.
Afilias was the runner-up in the auction for .web. It argues that had Verisign (NASDAQ: VRSN) not secretly bankrolled a rival bidder, it would have won the auction for about $70 million.
The IRP ruled that ICANN must decide if Verisign’s deal with another bidder was allowed under the program. It admonished ICANN for not previously making a decision in the matter.
There’s a wrinkle in the case, however. Afilias sold its registry business to Donuts at the end of last year. It did not sell the “rights” to .web, though. It retained its .web position, along with a registrar and some mobile technology, in a business it is calling Altanovo.
I suspect there were two reasons that whatever rights Afilias might get to .web weren’t included in the Donuts deal. First, it’s a legal fight Donuts probably doesn’t want to hassle with. Donuts was also an applicant for .web and sued after the auction, but let the matter rest after that suit was dismissed. Second, Donuts’ current CEO, Akram Atallah, led ICANN’s Global Domains Division at the time of the .web auction and had some responsibility for ICANN’s (lack of) response. The optics wouldn’t be good.
So, does Altanovo care about .web anymore? It issued a press release suggesting that it does.
If it were to secure .web, it could likely sell it to Donuts. Or it could run it on its own with a backend partner.
But here’s a question: is .web really worth $70 million? I find it hard to believe that a registry could justify that price tag for this domain, knowing what we do about the success of top level domains. You can rightly argue that .web is the “best” new TLD, but $70 million still seems like a tough number to generate an ROI.
It seems like the best scenario for Altanovo is for Verisign to pay it to drop the fight. ICANN asked the parties to try to work it out, and the only foreseeable way it could be worked out is a payoff. But I doubt that will happen.
Barring a settlement, ICANN will have to make a decision on whether Verisign’s deal was allowed under the applicant guidebook. ICANN will be deciding between a behemoth that can take it to court (and that agreed to pay ICANN $20 million as part of a deal to raise .com prices) and a shell of a company in Altanovo.
So, what do you think ICANN will decide?
Post link: What’s next for .Web
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DENIC releases detailed geographic .de domain data
Annual data report shows little change in top locations.
DENIC calculated where .de domain registrants are located.
DENIC, the organization that manages Germany’s .de country code domain, has released detailed statistics about the namespace as of the end of 2020.
Each year, the organization analyzes which cities and regions of Germany account for most registrations.
The top ten cities were unchanged from 2019 to 2020. Berlin led the pack with nearly a million registrations, followed by Munich at 630,000 and Hamburg at 587,000.
Osnabruck has the most registrations per capita, with 1,563 .de domains per 1,000 in habitants.
Interest outside of Germany remains high, too. Domains registered to foreigners increased from 1.32 million to 1.45 million during the year. The United States accounts for about a quarter of those domains.
Overall, there were 16.7 million .de domains registered at the end of 2020.
More details and statistics are available here.
Post link: DENIC releases detailed geographic .de domain data
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RightOfTheDot to auction defunct The Income Store assets
Domain broker tapped to liquidate remaining assets associated with ponzi scheme.
Monte Cahn’s RightOfTheDot will auction the remaining assets of Today’s Growth Consultant, Inc. (d/b/a the Income Store) in an auction taking place June 10.
The Income Store was a business in which people invested $50,000-$500,000 and the business promised to developed income-generating websites for them. Federal authorities say it was all a Ponzi scheme, with owner Kenneth D. Courtright paying early investors with new investor money.
The courts agreed to give some of the built websites to the defrauded investors, and now RightOfTheDot has been tapped to sell off what remains.
On June 10, bidders can bid on a single lot containing over 3,000 domains, over 200 revenue-generating websites, physical goods, trademarks, and affiliate marketing accounts.
The minimum opening bid is $2.5 million and bidders must place a $50,000 deposit.
Bidders are required to sign an NDA to view the full asset list. While some assets have been given to victims, this early court exhibit (pdf) might indicate some of the available assets.
Post link: RightOfTheDot to auction defunct The Income Store assets
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ICANN considers in-person attendance for October meeting in Seattle
Organization looks to have in-person attendance at meeting for the first time in 2 years.
ICANN is considering an in-person event for ICANN 72 in Seattle this October.
ICANN is considering having in-person attendance for its upcoming ICANN 72 meeting scheduled for October 23-28 in Seattle. It would be the first meeting to have an in-person component since ICANN 66, held in Montreal in November 2019.
The organization sent a survey to past meeting attendees to gauge interest in a hybrid model with both in-person and online attendance. This model is familiar to ICANN since it has offered an online option for many years.
Among the considerations ICANN has put on the table are vaccine requirements, mask mandates, pre-travel Covid-19 testing, onsite rapid testing, and advanced registration for sessions. It’s also asking the community how it feels about limiting attendance to members of certain committees.
The Board will make a determination about the ICANN 72 meeting in July.
Post link: ICANN considers in-person attendance for October meeting in Seattle
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Domain records aid in investigating dead crypto exchange owner
Domain records help connect the dots to uncover dead crypto exchange owner’s history.
CBC News has a remarkable story about the death of Gerald Cotten, who was CEO of the Canadian cryptocurrency exchange QuadrigaCX. It’s a thrilling tale with an unhappy ending for those who entrusted a quarter billion dollars of crypto to the exchange.
One of the people who lost a lot of money goes by the name QCX-INT. He investigated Cotten and the collapse of QuadrigaCX. One of the tools he used to connect the dots was domain name records.
From the story:
In his attempt to untangle the mystery of Gerald Cotten and Quadriga, QCX-INT began with simple things like domain names and any information he could obtain from historical searches, public records, data leaks online and the Wayback Machine, also known as the Internet Archive, which is a graveyard for dead web pages.
QCX-INT said that searches alone for the domain names used for Quadriga and Quadriga Financial Services would “yield up a name, an address, an email, a phone number. And those can be revealing, because they can be used to connect to other data points.”
Many people have used domain name records to uncover unscrupulous behavior. Regretfully, this is becoming much harder to do in the wake of GDPR, which masks many domain name records.
Set aside 15 minutes to read CBC New’s article or listen to the podcast episodes.
Post link: Domain records aid in investigating dead crypto exchange owner
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Panel faults ICANN and tells it to make a decision on .web
Panel determines that ICANN violated its bylaws by failing to make a decision about Verisign’s deal for .web.
“…[ICANN] has violated its commitment to make decisions by applying documented policies objectively and fairly.”
This is the big takeaway from an Independent Review Panel (IRP) decision regarding a long-running dispute over the .web top level domain name. ICANN consistently avoids making decisions to the detriment of its contracted parties and the internet community, and the battle over .web is a prime example.
Now, it’s being asked to show up and make a decision.
The dispute stems from the auction for the rights to the .web top level domain name.
Nu Dot Co, a business founded by .Co Internet’s founders, applied for the .web top level domain. After the application period closed, Verisign (NASDAQ: VRSN) decided it wanted to own .web and worked out a deal with Nu Dot Co in which Nu Dot Co would bid in the auction and Verisign would then buy the top level domain from it.
Nu Dot Co (NDC) won the auction for $135 million, which was the amount of the second-highest bid, placed by applicant Afilias.
Other applicants were upset. Not only did their rival Verisign win the auction, but Nu Dot Co decided to use an ICANN auction of last resort rather than a private auction in which the losing applicants stood to earn tens of millions of dollars each.
Donuts, another applicant, subsequently sued, but the judge dismissed the case.
After Donuts exhausted its options, Afilias picked up the baton and filed for cooperative engagement with ICANN. Then it escalated to the Independent Review Process.
Yesterday, ICANN published the IRP decision. The IRP determined that ICANN:
has violated its Amended and Restated Articles of Incorporation of Internet Corporation for Assigned Names and Numbers, as
approved by the ICANN Board on 9 August 2016, and filed on 3 October 2016 (Articles), and its Bylaws for Internet Corporation for Assigned Names and Numbers, as amended on 18 June 2018 (Bylaws)…
…by failing to make a decision.
The panel wrote:
It may be fair to say, as averred in the [ICANN’s] Response, that “ICANN has been caught in the middle of this dispute between powerful and well-funded businesses”. However, in the Panel’s view, it is not open to [ICANN] to add, as it does in the same sentence of its Response, “[and ICANN] has not taken sides”, as if [ICANN] had no responsibility in bringing about a resolution of the dispute by itself taking a position as to the propriety of NDC’s arrangements with Verisign.
In the opinion of the Panel, there is an inherent contradiction between proceeding with the delegation of .WEB to NDC, as [ICANN] was prepared to do in June 2018, and recognizing that issues raised in connection with NDC’s arrangements with Verisign are serious, deserving of [ICANN] consideration, and remain to be addressed by [ICANN] and its Board, as was determined by the Board in November 2016. A necessary implication of [ICANN’s] decision to proceed with the delegation of .WEB to NDC in June 2018 was some implicit finding that NDC was not in breach of the New gTLD Program Rules and, by way of consequence, the implicit rejection of the [Afilias’] allegations of non-compliance with the Guidebook and Auction Rules. This is difficult to reconcile with the submission that “ICANN has taken no position on whether NDC violated the Guidebook”.
Essentially, ICANN should have made a decision on whether the deal between Nu Dot Co and Verisign complied with the New gTLD Program Rules or not. Instead, it seems to have hoped that either the competing bidders would drop the matter or some outside group would make this decision for it.
The IRP determined that it did not have authority to decide that Afilias, the runner-up in the auction, should get the domain. It merely decided that ICANN has to do its duty: make a decision! At the same time, the IRP ordered ICANN to pay the majority of Afilias’ expenses and fees for the IRP.
So what does ICANN have to say about this? It still hopes to avoid making a decision. In a post on its website, it states:
The ICANN Board will consider the Final Declaration as soon as feasible, within the timeframe prescribed in the Bylaws, and remains hopeful that the relevant .WEB applicants will continue to seek alternatives to resolve the dispute between them raised during the IRP. (emphasis added)
Verisign issued a statement today urging ICANN’s board to proceed with contracting the domain.
Post link: Panel faults ICANN and tells it to make a decision on .web
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17 recent end user domain name sales
A couple of religious groups, a green energy company, and an AI company bought domain names.
Last week’s end user domain sales list with full of blockchain-related purchases. This week, I didn’t find any. Perhaps it’s an anomaly. Or maybe these companies were busy trying to figure out where crypto prices are headed.
Here’s a list of some of the end user domain name sales that were just completed at Sedo. You can view previous lists like this here.
MyCannabis.com $42,000 – I’m a bit confused by this one. Go Marketing, Inc. bought the domain, but it’s currently promoting blockchain and cryptocurrency events.
Sergei.com $33,000 – A software engineer named Sergei bought this domain. It’s not often that an individual pays this much for a domain for a personal site.
Fishko.com $9,000 – A company in Florida called 100 Fish LLC bought this domain.
Centacare.com $8,999 – The Roman Catholic Archdiocese of Brisbane bought this domain. Centacare is the name of its initiative to provide social services.
Blackjack .me $8,000 – Revshare Group Ltd, a Malta company in the casino space, bought this domain to develop a blackjack site.
NCChurch.com $3,800 – New Community Church, a community church in Mesquite, Texas, bought this domain.
OverTune.com €3,499 – Overtune will be a music app. A coming soon message on the site says, “Join the future of music creation”. This is a great brandable domain.
Schule-Der-Zukunft.de €3,000 – Forwards to Lebenshilfe-Gifhorn.de, a German charitable foundation supporting different causes to aid sick children. The domain translates to “School of the future” in German.
T4G.eu €2,888 – The buyer points this domain to Marketplace.IntelligentCitiesChallenge.eu, a website for the 100 Intelligent Cities Challenge. I’m not sure what T4G represents.
EnergieWende.com €2,600 – Greenpeace Energy bought this domain. It’s a German electric utility cooperative with a goal to provide environmentally friendly energy. The domain translates to “energy transition”.
LoveSnap.com $2,500 – There’s a technique called the “rubber band technique,” where people snap a rubber band on their wrists to help combat negative thought patterns or behaviors. This site sells fancy rubber band bracelets.
Evolution .mn $2,500 – Another purchase by Evolution, a B2B online gaming solutions provider.
Mietverwaltung.de €2,500 – The domain forwards to Immosira.de, the website for a German investment firm called immosira that focuses on rental property portfolios. The domain translates to “rental management” in German.
SensoryAI.com $2,245 – SensorRy AI is an AI technology firm focused on developing technologies to help conserve and protect natural resources and prevent adverse impacts on the environment.
CalcioMercato.co.uk $2,000 – An information site for European football (soccer) news with a focus on player transfers. The domain translates to “Football market” in Italian.
AAALimo.com $2,000 – AAA Limo Services in California bought this domain.
ITNA.org $2,000 – The International Tourism NFT Association bought this domain.
Post link: 17 recent end user domain name sales
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Consider hold time when evaluating your domain investment returns
Your annualized rate of return might not be as good as you think.
Yesterday I highlighted some domain name sales from 2004 that seem like incredible bargains today. I also pointed out that, in order to get a 10% annualized return on something you bought for $25,000 17 years ago, you’d need to pocket about $125,000 today.
Many domainers overlook their holding period when considering gains. They just think, “I paid Y and sold for Y times X, so it was a good investment”.
Let’s consider annualized returns for an asset you acquired for $10,000 17 years ago. Here’s how much you’d need to sell the asset for 17 years later to get these annualized returns:
5% $22,920
10% $50,545
15% $107,613
20% $221,861
If you invested in the S&P 500 in January 2004, your annualized return, including reinvested dividends, would be nearly 10% and your total return would be over 400%. The stock market got pummeled a couple of years later but has rebound nicely since then.
And had you invested in Amazon.com at the beginning of 2004, your annualized return would be about 27%.
Sure, plenty of investments have gone down since 2004. But comparing investments to major stock indexes, where most people put their investment money, makes a lot of sense. Investing in alternative assets makes sense, but take the time to look at your investment returns compared to more traditional investments.
Post link: Consider hold time when evaluating your domain investment returns
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Set up two-factor authentication on your Afternic account
Here’s how to add security to your Afternic account.
Afternic’s two-factor authentication set up.
One of the bigger security risks in the domain aftermarket has been the lack of two-factor authentication for Afternic accounts. If someone hacks into your Afternic account, they can decrease the price of a domain and then buy it through a registrar partner at the lower price.
Afternic has updated its login platform and there are two options now that resolve this. One is to sign in with GoDaddy, which I recommend to anyone creating a new account. GoDaddy has offered two-factor for a long time. The other is to continue using a unique Afternic login and add two-factor authentication.
To set up two-factor authentication on Afternic, log into your account and select “Account” in the left-hand panel and then “Account Details”. Scroll down to “Security” and select “2-step verification”.
You can then set up 2-step verification using an authenticator app such as Google Authenticator, SMS text messages, or a physical security key. For some reason, Afternic suggests the Authenticator app rather than the more secure physical key, but I suspect this is because the physical key would confuse people who aren’t familiar with the option. A physical key also doesn’t allow for authentication if you call support.
I recommend against SMS-based authentication, but it’s better than nothing.
Post link: Set up two-factor authentication on your Afternic account
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PIR increases prizes for this year’s .Org Impact Awards
Winners will take home at least $10,000 each this year.
Public Interest Registry (PIR), the organization that runs .org domains, has opened the nomination process for the 2021 .ORG Impact Awards.
This year’s awards have two fewer categories but increased awards for the winners. The .ORG of the Year will take home $35,000 while all other winners will win $10,000 (up from $5,000 last year).
The 2021 awards include:
- Health and Healing in a Period of Pandemic
- Overcoming Climate Change
- Championing Diversity, Equity and Inclusion
- Fighting Hunger and Poverty
- Providing Quality Education for All
- Building Better Communities
- .ORG Rising Stars (recognizes someone under 25 years old)
- .ORG of the Year
Last year, PIR received more than 500 entries.
Submissions are open until July 30, 2021. Five finalists per category will be named on September 14.
The contest isn’t limited to non-profits; the only requirement is that winners must use a .org domain name, and the person making the nomination is 18 years or older.
Contest details and nomination forms are online at orgimpactawards.org.
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Categories: Domains
You might kick yourself after looking at the domain sales from 2004
Here’s what you could have paid for these incredible domains back in 2004.
Last week Alcove.com sold for over $100,000 in a DropCatch.com auction, spurring discussion on twitter about the escalation of wholesale pricing for domain names.
George Kirikos pointed out that if you really want to feel like you missed the boat, go back to DNJournal’s 2004 top sales report:
If you want to cry, go look at the sales under $100K in 2004:https://t.co/hWFCSW9i7r
— George Kirikos (@GeorgeKirikos) May 22, 2021
Indeed, you might cringe today to learn what you could have picked these domains up for in 2004:
MR.com $125,000 (and mister.com for $38,800)
Stop.com $62,500
Harmony.com $50,000
Actor.com $30,000
Gray.com $30,000
NQ.com $27,000
LH.com $27,000
Band.com $26,000
OW.com $22,250
Jacket.com $20,000
Grip.com $20,000
Loco.com $17,500
GZ.com $16,000
Warrior.com $15,000
AOM.co $14,502
FEM.com $14,000
PBI.com $12,500
Lust.com $12,269
Glossary.com $11,000
Mind.com $10,000
Before you kick yourself, here are a few things to think about.
First, a domain you bought for $25,000 in 2004 would need to sell for $125,000 today to represent a 10% annualized return or $270,000 for a 15% annualized return. (Granted, the two letter domains on this list would have returned more like a 25% annualized return at their peak.)
Second, it would also be hard to turn down some of the offers you’d have received on these domains since then. It’s like pointing to someone who bought bitcoin for $10 back in the day and then assuming you would have held onto all of it as it hit $1,000, $10,000, and $50,000. Or held on when it dropped to $30,000!
Third, people who sold these domains might have reinvested the proceeds into other domains that have appreciated.
Post link: You might kick yourself after looking at the domain sales from 2004
© DomainNameWire.com 2021. This is copyrighted content. Domain Name Wire full-text RSS feeds are made available for personal use only, and may not be published on any site without permission. If you see this message on a website, contact editor (at) domainnamewire.com. Latest domain news at DNW.com: Domain Name Wire.
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How cryptocurrency drives the domain aftermarket – DNW Podcast #339
Will a drop in cryptocurrency prices impact the domain aftermarket?
Crypto markets had a wild ride last week. My guest this week, Amanda Waltz of Saw.com, discusses the impact that cryptocurrency prices have on domain name sales. Even if you don’t own cryptocurrency, your domain investments might do better when cryptocurrencies are doing well.
Also: Bill Gates loses, Pheenix won’t be reborn, Nubank fight, and more.
Sponsor: DAN.com
Subscribe via Apple Podcasts to listen to the Domain Name Wire podcast on your iPhone or iPad, or click play above or download to begin listening. (Listen to previous podcasts here.)
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© DomainNameWire.com 2021. This is copyrighted content. Domain Name Wire full-text RSS feeds are made available for personal use only, and may not be published on any site without permission. If you see this message on a website, contact editor (at) domainnamewire.com. Latest domain news at DNW.com: Domain Name Wire.
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Bhavin Turakhia’s Zeta raises $250M from Softbank, making it a Unicorn
Turakhia’s latest started is now a unicorn.
Bhavin Turakhia
Bhavin Turakhia’s latest business has raised a $250 million Series C investment from SoftBank Vision Fund 2, valuing the company at $1.45 billion.
Zeta is a banking technology company, offering a cloud-based technology stack to banks and FinTech companies.
Turakhia built his business and technology chops in the domain and hosting business. Along with his brother, Divyank, he started Directi and sold the business to Endurance (now Newfold Digital) for $160 million in 2014. He also founded Radix, the top level domain name company that operates .tech, .online, and eight other domains.
When Divyank sold his ad tech business Media.net for $900 million, the brothers became billionaires.
Zeta will use the funding round to scale its overall business and accelerate growth in the United States and Europe.
Post link: Bhavin Turakhia’s Zeta raises $250M from Softbank, making it a Unicorn
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