My tweet about an offer I turned down for Lilac.com yielded some good discussion on Twitter and at NamePros a couple of weeks ago. I don’t generally share sales data or offers, so this was out of the ordinary for me. It was also a bit strange seeing people discuss it publicly, although some good points were made. I thought I would share a bit more about my rationale for passing on the offer and the status of the domain name.
First, some background. I bought Lilac.com privately several years ago. I think it is a meaningful domain name that can be used by a company in virtually any field. For those unaware, lilac is a color in the purple palate, and it is also a shrub with beautiful purple flowers. We have several wild lilac bushes on the side of our driveway, and they bloom in the Spring as the temperatures get warmer. It is my sign that the Spring is coming. It is also my daughter’s favorite color. I think it would be a positive and happy brand, perhaps with a touch feminine. It is easy to spell and is memorable.
I want to share some of my rationale for passing on the offer:
Earlier in the week, I reached out to the leading domain name auction platforms and sales marketplaces to see if they have plans to accept cryptocurrency. From my perspective, it would make sense for people who are active in the cryptocurrency community to be able to spend their cryptocurrency to buy domain names.