It’s Silly to Buy Something That is Much Harder to Sell

Elliot Silver
-
33

Making a living as a domain name investor is not as easy as it may seem to be from the outside. Serious domain investors spend tens or hundreds of thousands of dollars (or more) on their domain name investments. Those who are most successful know what to buy and how much they can afford to spend, but even with that knowledge, it can take a considerable amount of time to profitably sell these domain names.

Buying domain names that have value has become more challenging with more competition vying for similar types of domain names. In addition, it has become far more expensive. The cost to buy good to great domain names has gone up considerably. This is a challenge faced by everyone still building their domain name portfolios, including veteran domain name investors.

This has also made it even more difficult for people who are new to the business of domain name investing or for those who have a small bankroll. As a result of the increased competition and pricing for good .com domain names, many people seem

Read More

Dax.com Sold via Sedo for $500,000

Elliot Silver
-
6

According to a tweet from Sedo’s Frank Tillmanns, the Dax.com domain name was sold for $500,000. I believe Frank brokered the domain name with Hao Shen, the Country Manager for China at Sedo.

The Whois record for Dax.com is currently private, and the domain name is registered at Uniregistry. Using DomainTools’ Whois history tool, it does not look like the Whois information has changed yet. It is possible the buyer is keeping Dax.com at Uniregistry for the time being, although I do not see an archived record with Sedo’s escrow service listed. It is unclear who the buyer is at this point since the domain name is not yet resolving.

NameBio does

Read More

Escrow.com Announces 2018 Masters of Domains

Elliot Silver
-
2

Prior to the live auction today at NamesCon, Escrow.com announced its annual Masters of Domains awards to the ten highest grossing individual domain investors of the past year. The award is based on brokered transactions closed via Escrow.com. Each award winner was presented a special trophy and prize honoring their achievement.

This year, the top three Masters of Domains winners were Raymond Liu of 62.com, Andrew Rosener of Media Options, and Mohammed Hashim Al-Asadi of TopNames. I would imagine each of these top three brokers cleared over $10 million in deals last year. That is quite an achievement. Last year’s award winners can be found here.

Here are the ten award winning brokers for 2018 with some information about each provided by Escrow.com:

Read More

.Club Registry Launches Names.club Marketplace

Elliot Silver
-
0

When I checked into NamesCon yesterday, I received a metal coin with a $100 credit for shopping at Names.club. Later on last night, I received an email from .Club Registry CMO Jeff Sass to officially announce the launch of the Names.club domain name marketplace.

Explaining the genesis of Names.club, Jeff shared this with me:

“This is a logical expansion of the Get.club platform we launched at NamesCon last year. Get.club proved to the market that there is demand for premium names that can be paid for over time, a much more palatable model for small business and entrepreneur end-users. At Names.club we’re expanding the inventory to include great, brandable, domains with other extensions, such as .Shop, .Miami, .Fit and more. GMO and MMX are already on board and we expect to announce other Registry partners soon.”

I believe all of the listings will be from registry partners rather than individual domain investors seeking to sell their own new gTLD domain names. Of note, I was told all of the domain names listed for sale on Names.club will have a standard renewal fee. Domain investors can sign up to broker domain names listed for sale on the platform.

The full press release is below:

Read More

Tokens.com Reportedly Sold for $500,000

Elliot Silver
-
12

Tokens.com has been reportedly sold for $500,000 in a deal uncovered by Arbel Arif this evening. Ali Zandi, founder of Starfire Holdings, confirmed that his company sold the domain name in a subsequent comment and in an email to me. The acquisition of Token.com was reported by me today, although that sale was for an undisclosed price.

The $500,000 acquisition of Tokens.com was announced at around the 36 minute mark of a streamed video called The Next Mega Trends In Crypto posted by Tai Lopez:

According to Ali (and the video), the buyer is a company called Polymath, which can be found at Polymath.Network. A Whois record indicates that the domain name has

Read More

Token.com Reportedly Sold

Elliot Silver
-
19

Back in November, I noticed that Ali Zandi of Starfire Holdings was brokering the sale of the Token.com domain name. Token.com was owned by a company called Token Media, which switched domain names to TokenMedia.com while their domain name was being marketed.

Yesterday afternoon, I re-visited Token.com to see if anything had changed, and I noticed a new “coming soon” message on the landing page. Using the DomainTools Whois History tool, I also noticed the domain name had transferred from Network Solutions to Tucows earlier in January and the domain name is now registered under Whois privacy. Suspecting the domain name may have been sold, I emailed Ali Zandi to ask about the status of Token.com.

Ali reported to me that the Token.com domain name was sold. Unfortunately, the purchase price (and original asking price) are not being revealed. Here’s what Ali told me via email:

Read More
1...113114115...254Page 114 of 254