ICA Names Award After Lonnie Borck

Elliot Silver
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internet-commerce-association-icaThe Internet Commerce Association (ICA) has announced it has  named an award in memory and honor of  domain investor Lonnie Borck, who unexpectedly passed away in October at the age of 47. The Lonnie Borck Memorial Award will be given annually to recognize an individual or organization for extraordinary efforts in championing the rights of domain name owners.

The ICA Board of Directors, along with the consensus of the ICA membership, selected David Weslow of Wiley Rein as the first recipient of the Lonnie Borck Memorial Award. In announcing the recipient of this year’a award, the ICA Board made note of David’s “dedication and persistence in his pro bono representation of Heidi Powell in the HeidiPowell.com dispute.” You can read more about this legal dispute on USA Today and Domain Name Wire.

Nat Cohen, an ICA board member, shared some thoughts about Lonnie and this new award:

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Payoneer Escrow Hiring Director of Product Management

Elliot Silver
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payoneer-escrowBrandon Abbey shared a job opening on LinkedIn that I want to share with readers. Payoneer is looking to hire a Director of Product Management in its Palo Alto, California office. This full time Director-level position will work directly with the Payoneer Escrow team.

I looked through the listed responsibilities of this job opening, and it seems like it could be a good fit for someone who has domain industry experience. From my perspective, a domain name escrow company is most effective if it can tailor its offerings specifically to the needs of domain investors. There are many types of domain name deals, and being able to service creative deals is helpful. Someone with domain investment experience should be able to offer their insight and experience to help Payoneer Escrow grow its domain industry business.

While Payoneer is new to the domain escrow space, the company is growing. In fact, according to an article in the New York Business Journal in October,

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Daniel Law Named Interim ICA Executive Director

Elliot Silver
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internet-commerce-association-icaI just received an email from the Internet Commerce Association (ICA) announcing that Daniel Law, a co founder of Rook Media, and currently a principle with Heron Investments Ltd., is taking on the position as Executive Director of the trade organization on an interim basis. Previously, the ICA had been operating without an Executive Director.

As ICA membership and the organization’s responsibilities have grown, this position has become increasingly important to fill.

Daniel will serve beside Philip Corwin, who has been the Counsel for the ICA for many years. In that role, Phil is responsible for lobbying on behalf of the ICA and helping to develop public positions and policies on behalf of the ICA. Daniel will also work closely with domain industry veteran Kamila Sekiewicz who serves as the ICA’s Operations Manager.

“The ICA is fortunate that Daniel is willing to take on this role, as he brings a combination of high level management expertise, in depth knowledge of the industry, dedication to the ICA’s mission and collegiality that would be quite difficult to match,” Nat Cohen told the ICA membership.

On Monday, January 23rd, the ICA will be hosting a session at NamesCon called The Most Shocking UDRP Decisions of 2016, and I think this is a session domain investors will want to attend. I also understand that the ICA will be hosting

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Why Donuts is Called Donuts

Elliot Silver
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donutsHave you ever wondered why Donuts is called Donuts? Honestly, I hadn’t really thought about it all that much before, but I read an article about the company in The Seattle Times over the weekend, and the answer was given in the article.

When company co-founder and CEO Paul Stahura was asked why he chose the name Donuts for the brand instead of anything else, here’s what he had to say:

“Stahura decided the company name would start with “d” and its logo would be teal, a play off TLD. He looked through a dictionary and liked that Donuts has the letters “dns” (for “domain name system”) in it.”

A typical domain industry veteran may have chosen a brand name based on

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Escrow.com Announces Disbursement Fee Reduction

Elliot Silver
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Escrow.com ShieldOne of my pet peeves is being nickel and dimed. Getting charged small fees here and there can add up, but these small fees  tend to annoy me more than they impact my bottom line.

Disbursement fees are one of those ticky tack fees that bother me, be it at Paypal, escrow service, domain company, or other company that has funds of mine on hold. Typically, the company charges a fee for whatever services they performed for me, and sometimes that company will add an extra fee to send me my money. I understand that there are costs to payment processing, but I would prefer it to be rolled up into the price of the service rather than added on at the end. It’s just a bit of an annoyance.

Jackson Elsegood sent out an email to Escrow.com customers announcing that Escrow.com is reducing its disbursement fees. I am not entirely sure what their fees were before, but here’s what he sent to customers, along with the new disbursement fee schedule:

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Radix Shares Its Q3 Premium Domain Name Sales Report

Elliot Silver
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radix-logoRadix  is a large  new gTLD registry, and the company operates new domain name extensions such as .Website, .Site, .Online, .Store, and several other extensions.

This morning, I was alerted to the fact that Radix is sharing its premium domain name sales report “for the first time ever.” The Q3 2016 sale report, which came to me by way of a neat infographic, tallies the number of premium domain names registered, number of premium domain names renewed at a premium price, the top sales, the average sale price, and more information that you can see below.

I was told that Radix’s premium domain names are available through two channels: domain registrars and aftermarket venues such as Sedo, Afternic, auction platforms, domain broker listings, and direct sales to customers inquiring about domain names in extensions operated and managed by Radix.

For your convenience, I published the inforgraphic below. You can click on it to see the larger version. Keep in mind that this appears to only be for Q3 2016. Hopefully Radix shares subsequent reports or an end of year report as it would be difficult to track trends or get a comprehensive look at the business with only one quarter of information.

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