Domain Registrars

Breaking: Namecheap to Double Donation to EFF if 25,000 Transfers Are Made Today

I just posted an article about the success of Namecheap’s  Move Your Domain Day,   announcing that as  of 1:30pm EST,  over 10,500 domain name  transfers were initiated to the company. As of this update, the number of transfers is now well over 11,000, and I just received some news from Namecheap CEO Rick Kirkendall.

According to Kirkendall, “We are ecstatic at the response we have received from the internet community. The internet is speaking and we’re proud to facilitate that and at the same time help a wonderful organization such as EFF in their fight against SOPA. That being said, if we hit 25k transfers today, we’ll double our donation to EFF.”

The company has now pledged to donate $50,000+ to the Electronic Frontier Foundation  if they receive 25,000 or more domain transfers today. Broken down, the company will donate $2.00 per domain transfer if over 25,000 transfers are made before the end of the day today using transfer code  SOPASucks.

As I predicted before, I think they will do it. Spread the news. EFF needs the financial support.

Over 10,500 Domain Names Transfered to Namecheap Today

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Namecheap’s  Move Your Domain Day  is  almost half way over, and it looks like it has been a resounding success so far, especially considering the amount of marketing dollars the company has spent (not much in my opinion) on this campaign.

As of 1:30pm EST today, Namecheap has raised $10,635 for the  Electronic Frontier Foundation, according to the counter on the company’s home page. This translates to 10,635 domain names transferred to Namecheap using the special offer code  SOPASucks.

By the end of the business day in California, I would not be surprised at all to see over 25,000 domain names transferred to Namecheap. I would also imagine other companies are beneficiaries of this campaign to transfer domain names away from Go Daddy.

When you think about it, the number of domain names being transferred is a drop in the bucket considering the tens of millions of domain names registered at Go Daddy. However, this action sends a very strong message to the company and its new investors.

Done Deal: Web.com Completes Network Solutions Acquisition

Web.com put out a press release this evening announcing that the deal to acquire Network Solutions has been approved and finalized. The deal, valued at approximately $576 million ($405 million in cash and 18 million shares of Web.com common stock), was originally announced in August, and it comes on the heels of Web.com’s acquisiton of Register.com in June of 2010.

This acquisition triples Web.com’s customer base, and it will allow the company to offer cross-sells and up-sells to customers. In total, there are now about 3 million “subscribers.”  According to David Brown, chairman and chief executive officer of Web.com. “This transaction more than doubles our revenue, triples the size of our customer base, and provides the expanded scale to invest greater resources in growth and branding initiatives.”

I am interested in learning more about the branding initiatives that were mentioned by Brown. Register.com and Network Solutions have built solid brand names over the last 15+ years, and they have arguably more consumer recognition than Web.com.

Do you think the company should re-brand under one unified name, or do you think it makes more sense to operate under different identities?

My TRAFFIC Experience & Recap

I returned home from Ft. Lauderdale yesterday evening, and I want to share some of my takeaways from the TRAFFIC conference. Overall, the conference proved to be a great networking opportunity (as it always is) in an excellent venue.

–  Domain Holdings  made a very impressive showing. In a short span of time, the company has hired a number of people who are experienced in the domain industry and some from outside of the domain space. In fact, when I first arrived, I said hello to someone I know who has worked at a successful but covert domain company, and I was surprised when I saw his tag said Domain Holdings. I think Domain Holdings is a collegial team of experts who are working on products and services that target various segments of the domain business, and I bet you’re going to hear a lot about them in the next year.

– I had a productive meeting with Protrada about the company’s platform, and I am going to set up my account ASAP. I was given a walk through, and I think it is going to help me stay on top of potential acquisitions and auctions. If you haven’t checked it out yet, it’s quite comprehensive and well put together.

– I really appreciated the fact that GoDaddy was there and took the time to walk through the auction platform. I had some issues with it, and I was able to learn a few tricks while showing some of the areas of frustration.

– Sedo and Afternic announced news during the conference, which will help domain owners sell domain names. Afternic is partnering up with Godaddy and Sedo expanded its SedoMLS distribution channel. It’s going to pay to list your names on both platforms. I also had a nice conversation with Don Lyons, who let me know about Moniker’s new partnership with Afternic, making it easier to sell names.

– Whether you think adult sites are good or bad, .XXX domain names are good or bad, or whatever your feelings are related to the adult industry, I can tell you they have a smart team running the operation, and I think they are going to be very successful. I had a long and candid conversation with ICM Registry CEO Stuart  Lawley, and I came away impressed with the organization.

– The .XXX party at the W Hotel was fun. The venue was great, especially because it was so close to the Ritz Carlton.  I think the party could have been a bit more “adult” though 🙂

– I am glad that  Mike Mann was on the Test Track panel. He was very blunt when he needed to be and was entertaining by calling things the way he saw it. I think organizers need more vetting for Test Track to avoid no shows and to choose presenters with solid business plans.

– I want to wish Mike Berkens congratulations for Blogger of the Year. It’s very well deserved and certainly hard earned.

– I think there should be a Domain Broker of the Year category. I know awards aren’t that important to many people, but the broker side of the business helps bring in considerable revenue to domain investors, and some brokers are far superior to others.

– There was a guy who showed up at the conference with one of the most unbelievable lists of category defining .com domain names that made everyone’s jaws drop. Apparently, his father founded the company a number of years ago.

– The Ritz Carlton in Ft. Lauderdale was an excellent location to hold the conference. It was large enough that there was space to spread out and hold private meetings, but it didn’t feel like it was too expansive. The corridor outside the ballrooms was conducive to meetings, and to meet with companies that had booths. There were several areas (inside and outside) and restaurants for private dining and larger parties. In addition, there are a number of hotels within walking distance for those who don’t have a Ritz Carlton budget.

– Despite the three days of rain, spirits were still very high. People stayed at the venue for the most part, and there were many good opportunities to meet with other people and companies in the industry. I tend to take some time during the conferences to catch up on work/emails…etc, but I stayed at the venue almost the entire time.

– I am sure many people are just waiting until I discuss the auction. Actually, a lot of people will probably skip over this entire post just to write negative things about the auction. In any case, I don’t think it takes a genius to realize the results weren’t great. I think the .XXX sales were strong, although I wouldn’t have been surprised to see Movies.XXX sell, in light of a few other high dollar sales. Everyone seems to have an opinion on what went wrong and what can be improved, and I am going to stay out of that.

– As usual, the show organizers put on a professional trade show without many hitches. They’ve been at it for years, and I felt that the whole Traffic team made attendees feel welcome and appreciated.

Alibaba to Spin Off Domain Registrar for IPO, Valuing Company at $500 Million

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Alibaba reportedly looking to spin off “Go Daddy of China” in an IPO valuing the popular Chinese domain registrar at $500 million.

Alibaba is a Chinese Internet holding company with a number of popular websites and companies.  Included amongst these companies is a popular Chinese domain registrar and hosting company,  HiChina.

Business Insider is reporting today that Alibaba plans to spin off HiChina for an initial public offering (IPO) in a US stock market. Fox Business is reporting that the IPO would value the domain registrar at $500 million. This would be a great ROI considering Alibaba reportedly bought an 85% stake in the company for $79 million back in 2009.

Prior to reading this news, I hadn’t heard about HiChina before, but the company looks fairly large. According to Business Insider, “has over 2.5 million registered users and more than 2 million domain names. It operates at least 1.7 million enterprise mail accounts and more than 2 million company sites and application. In addition, about 50,000 sites are using HiChina’s web construction service.”

There aren’t too many publicly traded domain registrars. Off the top of my head, I can think of Tucows, Web.com (Register.com and Network Solutions pending approval)  and Enom if you count them as a part of Demand Media. GoDaddy flirted with going public, but ultimately decided against it.

ICANN Notice Emails from Registrars

Tips on how to avoid a phishing attack or scam

Over the last week or two, I’ve received several emails from various domain registrars reminding me of ICANN’s requirement of keeping Whois information accurate. It’s important that you keep your information up to date, but it’s even more important to realize that some criminals use these mandatory emails as an opportunity for phishing attacks to steal account information.

Some of the subject lines from the emails are:

  • Action Required: Notice Regarding Your Domain Name(s) – Network Solutions
  • {MONIKER.COM} [Account xxxx] Action Required: Your Annual Whois Update Notification – Moniker
  • Important Notice Regarding Your Domain Name(s) – Go Daddy
  • Important Notice Regarding Your Domain Name(s) – Enom

If you receive an email from your domain registrar with a subject line like this, it’s probably a legitimate request, but here are a couple of ways to determine whether it’s real or not.

I think just about all registrars personalize these emails to you. They won’t say “Dear Customer” but they will say “Dear Elliot.” Please keep in mind that someone could specifically target individuals, so this is not the best indicator.

Most emails will have the names of domain names you own listed within the email. Again, this is not fail proof either because someone could do this manually and list a few of your domain names.

Finally, many registrars will list your account number within the email. This is likely the most difficult thing for a scammer to obtain since it’s more of an internal number than something someone could get elsewhere. It’s not fail proof either, as it’s possible for someone to find out this number if they’ve done business with you and had a domain name pushed from their account to yours.

Ultimately the best advice is to not click on the links in these emails. Visit the domain registrar’s website and there should generally be a link within your account or on the home page to ICANN’s update. If you keep your Whois information accurate, you should be fine.

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