Domain Sales

Postmates Founder Using Swetha-Sold .XYZ Domain for Startup

In December of 2021, Swetha Yenugula reported the sale of The domain name was sold for $15,000 in a deal brokered by Lumis and closed via

How You Can See if Someone is Paying at

After a long and sometimes contentious negotiation to sell a domain name via, it can be a bit of relief to receive the “Counter offer accepted” email. This email indicates that the buyer accepted the counter offer price, and the domain name is now pending sale. It’s not yet time to open the champagne and light a cigar though.

Getting a buyer to follow through with the deal and pay for a domain name is an important next step that can be stressful. It can take some time for a buyer to submit payment, particularly for a large amount of money or if the buyer is from a large company that has some internal red tape for payment submission. it can also take some time for to process a payment, particularly if a wire transfer payment is originated from a foreign bank.

Did Rakuten Pay $260,100 for Link.Link?

A domain investor posted a screenshot from that reportedly shows the Link.Link domain name was sold for $260,000.

According to the screenshot, the buyer is Domain Licenses Limited and the seller is eName Technology, Co., Ltd. The sale date is not shown in the screenshot. Using the Whois History tool at DomainTools, it would appear that the transaction was from 2020. The Whois record for the domain name appears to have changed from a China-based domain registrant to Domain Licenses Limited in August of 2020.

Dropping BTC Price Not a Good Excuse to Default

After a short negotiation on last week, I agreed to sell a domain name for six figures. It’s a domain name I had discussed with this prospective buyer before, and he accepted a counteroffer I made on May 4th. I was hoping to close the deal promptly to fund a couple of other purchases I have in the works, but it has not yet closed.

My Account Manager at has been keeping me apprised of the transaction status. It appears this deal may not close. The buyer wants to pay for the domain name with Bitcoin, which can be done via Unfortunately, the price of Bitcoin has taken a hit over the last several days. Around the time of the sale, Bitcoin was hovering just shy of $40,000/coin. The price of BTC is now around $33,000/coin. I am told the buyer indicated he can no longer pay for the domain name due to the dropping price of BTC.

BUX Gets After Bux Shuts Down

In 2018, SmartCompany published an article about a company called Bux that shut down after raising a substantial amount of funding. According to the article and corroborated by a Crunchbase profile, Bux had raised $65 million in funding before shutting down. Bux was a mobile bill paying platform, and it operated on the domain name.

When it comes to a valuable generic domain name like, a corporate shut down doesn’t mean the end of life for the domain name. Another company called BUX appears to have acquired the domain name. Jamie Zoch tweeted about it this morning: Was Acquired by Snap


In January of this year, I noticed that changed hands. The domain name had long been owned by Digimedia, and it transferred to GoDaddy under Whois privacy. A couple of months later, the domain name transferred to MarkMonitor, also under Whois privacy.

It is now clear what company acquired Snap, Inc. announced a new drone camera called Pixy:

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