Evolution.com Moves to Swedish IP Firm (Updated)

Elliot Silver
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9

Evolution.com has been registered under MarkMonitor’s DNStination, Inc. privacy proxy service for several years. According to DomainTools’ Whois History tool, Evolution.com was previously registered to iRobot until June of 2016. At that point, the domain name Whois record went private, so it is unclear if iRobot simply enabled the privacy proxy service or if the domain name changed hands.

Evolution.com had been listed for sale via MarkMonitor, with the domain name forwarding to a “for sale” landing page directing inquiries to MarkMonitor:

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Andrew Rosener: “Best Week of the Year in Sales”

Elliot Silver
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15

The past two weeks have been busier than I expected in terms of domain name sales. I sold a handful of inventory-quality domain names through a variety of channels. I closed deals via DAN, GoDaddy, and direct negotiations via Embrace.com. There were no home run sales, but I was happy closing 5 figures in deals considering current economic conditions impacting businesses throughout the world. Again, these were middle of the road, replaceable domain names that I was happy to move, with the majority being BIN-priced inventory.

Frankly, when I returned from Costa Rica at the end of February, I thought sales would be pretty dead through the Spring and perhaps into the early Summer. Even GoDaddy warned about softer sales at the higher end of the aftermarket in its Investor Day presentation (page 75). For me, that has rung true, but the lower end sales continue to help fuel my business.

This past Friday, Andrew Rosener from Media Options commented about his company’s sales, and he said it was the strongest week of the year for him:

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Dave Evanson Brokers the Sale of ElectricCar.com for $180,000

Elliot Silver
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29

Dave Evanson, Senior Domain Broker at Sedo, announced that he brokered the sale of the ElectricCar.com domain name for $180,000. The sale announcement was posted on Dave’s Twitter account this morning:

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Response to “My Budget is $100”

Elliot Silver
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19

I used to get annoyed when I received a lowball offer to buy one of my higher value domain names. It’s 2020, and I would expect that if someone is smart enough to know they want to buy one of my one word .com domain names, they will know enough to understand that each has substantial value, and a $100 offer isn’t going to cut it now – and probably wouldn’t have even made sense 25 years ago either.

Instead of giving a snarky reply to prospects or simply of ignoring them, I take a bit of a different tactic these days. I offer a suggestion that might help them as they continue to try and find a domain name in their budget. Here’s an example of a recent reply:

“Sorry, but with a budget of $100, you should look for a domain name that is not already registered by someone.”

i used to like telling people that they would need to go back in time to buy my domain name with their budget. I think it’s a humorous way to let someone know their budget is ridiculous today. Aside from amusing myself, I don’t really think that reply was fruitful. At best it got a chuckle from someone and at worst, it made someone upset that I was making them out to be a fool (perhaps deservedly so).

Today’s reply is a bit softer, and I think it’s more appropriate given the current levels of anxiety and angst people are feeling.

LMX.com Launched After LXME Rebrand

Elliot Silver
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5

Giuseppe Graziano is the founder of LXME, which is billed as the “Liquid Domains Market Exchange.” LXME has become known for its extensive quarterly market reports focused on the short, liquid domain name market. Yesterday afternoon, Giuseppe announced that LXME was being rebranded as LMX using the LMX.com domain name, which seems like a better matching brand name for the marketplace and platform.

Giuseppe told me the “purpose of LMX is to create a safe environment in which investors are able to trade liquid domains quickly, efficiently and at low fees.” Buyers are able to list one word .com domain names for sale as well as short acronym and numeric domain names on the platform. The platform is currently invitation-only, although sellers with qualifying domain names may apply to create an account. One feature of the platform is creating alerts to be notified when specific types of domain names are listed for sale on LMX.

I asked Giuseppe why he opted to rebrand from a 4 letter branded domain name to a similar, but shorter 3 letter branded domain name. “When we asked our customers what they liked most about our platform, one of the most common responses was that the inventory was limited to top notch domains [pun intended]. We felt that rebranding to LMX.com underlines the quality of the inventory on the platform,” he told me. With the focus on short, liquid domain names, having an even better domain name makes sense.

For those who are curious, the LMX.com domain name was acquired in private earlier this year. The domain name had been owned by James Booth, although Giuseppe and James declined to share the acquisition price for LMX.com.

Some Things I Learned About DAN

Elliot Silver
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27

I’ve had a couple of sales on DAN.com since the last week in March. One sale was a straight-up purchase after a negotiation on the platform, and the second sale was a lease to own purchase using a three year payment plan. I thought I would share a few things I learned about DAN after using the platform for these two sales.

For what it’s worth, I have 271 domain names listed for sale at DAN right now. I started listing late last year with just a handful of domain names. I have added about 250 names in the past month or two.

A few observations and things I learned about DAN:

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