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No Limit Creatives Upgrades to NLC.com

No Limit Creatives is a graphic and video design firm that was founded in 2018. The company uses the NLC acronym in its marketing efforts, and it has used the NoLimitCreatives.com domain name for its web presence. In early July, No Limit Creatives acquired NLC.com. Shortly thereafter, it began using NLC.com for its website.

While the price of the domain name will remain private, I can say it was acquired for six figures. The domain name was acquired via GoDaddy. Brian Winegar, a Partner Sales Executive at GoDaddy, was the broker who negotiated the deal to its conclusion.

Jeff Minnichbach, Founder of No Limit Creatives, shared his rationale for the acquisition and upgrade:

Clubhouse Announces Rebrand to Shortcut

Clubhouse has announced that it will be undergoing a rebranding due to brand confusion with the other Clubhouse. The company that operates its website on the Clubhouse.io domain name announced that it will be rebranding as Shortcut. The company appears to have been able to acquire Shortcut.com in advance of the rebranding news (Whois is private, so I can not independently confirm).

Clubhouse announced the news today on Twitter:

Ghost Records Still Exist at Network Solutions

Domain names in my Network Solutions account show a status of “Pending Transfer” even though they transferred to GoDaddy.

More than two years ago, I wrote about the problem of ghost records at Network Solutions. Although the back-end and control panel at Network Solutions seems to have been updated and possibly modernized since I wrote the article, the problem of ghost records in my Network Solutions account still persists.

For those who are unaware, a “ghost record” is when a domain name appears to exist in an account at a domain registrar after it was already removed from the account due to an expiration or transfer. At best, these records are more of an annoyance than anything else, cluttering an account with domain names that do not exist there.

Cybersquatting Lawsuit Filed Over Empower.com

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Empower.com is an exceptional domain name, and it is quite valuable. In fact, I made at least a couple of efforts to acquire this one word .com domain name. As you can see in the image above, there are tens of thousands of company listings on LinkedIn for a search of “empower.” According to DomainTools, there are 332 domain names currently registered with Empower as the sole keyword, and more than 63,000 domain names are registered that have “empower” in them.

I believe “empower” is a meaningful and descriptive word, and Empower.com would have substantial value to many companies.

According to an article in Bloomberg Law (subscription required), a Anti-Cybersquatting Consumer Protection Act (ACPA) lawsuit was filed against the registrant of Empower.com by a company that operates a subsidiary called Empower Retirement, LLC. According to the lawsuit (which can be accessed via CourtListener), “Plaintiffs launched the EMPOWER Brand nationwide in the fall of 2014.” Empower.com has a creation date of July 26, 1994. In fact, the plaintiff conceded that the defendant owned the domain name long before its brand was created:

Overcoming Boredom

There are moments of pure excitement with the world of domain investing. Winning a competitive auction, receiving a domain name sale payment email from a domain name marketplace, confirming an inbound or outbound domain name transfer, an inquiry or offer from a qualified prospect, and a fruitful negotiation with a tough counterpart. I am sure there are more, but you get the picture.

Beyond these sometimes fleeting moments, there is a great deal of boredom in the domain space. There is only so much time that can be spent seeking out domain names to buy, bidding on domain names, and negotiating sales. A great deal of the day to day domain investment management activity is pretty boring to me.

Escrow.com 1H 2021: Domain / Website Sales Up 77%

Escrow.com released some sales data from the first half of 2021, and it confirmed what many people have been saying. Domain name (and website) sales transacted via Escrow.com had a big first half of the year. Escrow.com reported that sales growth for “Online” sales, including domain names and websites, grew 77% compared to the first half of 2020.

This figure isn’t all that surprising given the fact that the world was mired in the growing Covid-19 pandemic during the first half of 2020. People are still dealing with challenges related to the pandemic, but online sales have been flourishing. I am actually bit surprised this figure wasn’t higher, but that may be influenced by my own buying and selling activity.

Escrow.com has grown other lines of business in the last year. In fact, motor vehicle sales sale growth of 210% for the first half of 2021 when compared to the same time period in 2020. Other areas of growth mentioned in the Escrow.com were General Merchandise (up 42%), Services (up 37%) and Luxury (up 18%).

In total, Escrow.com transacted $366.7 million in transactions during the first half of 2021. This marks an increase of 73% from the first half of 2020.

Here are the details that were shared with me today:

Recent Posts

No Limit Creatives Upgrades to NLC.com

0
No Limit Creatives is a graphic and video design firm that was founded in 2018. The company uses the NLC acronym in its marketing...

Clubhouse Announces Rebrand to Shortcut

8
Clubhouse has announced that it will be undergoing a rebranding due to brand confusion with the other Clubhouse. The company that operates its website...

Ghost Records Still Exist at Network Solutions

0
Domain names in my Network Solutions account show a status of "Pending Transfer" even though they transferred to GoDaddy. More than two years ago, I...

Cybersquatting Lawsuit Filed Over Empower.com

9
Empower.com is an exceptional domain name, and it is quite valuable. In fact, I made at least a couple of efforts to acquire this...

Overcoming Boredom

5
There are moments of pure excitement with the world of domain investing. Winning a competitive auction, receiving a domain name sale payment email from...