I want to pass along some news from Sedo. According to an email I received from Sedo, the company has increased its price cap to $50,000. Previously, the cap was $10,000 for domain names. The news will be announced in a forthcoming email to Sedo clients.

In the meantime, here is the information about the change from email I received:

I received an email from Sedo today with a call for domain name submissions. The company is seeking out premium adult, gambling, and gaming domain names, which will be represented by two of the company’s  brokers at The European Summit. The event takes place in early March, so people who would like to work with Sedo on selling their domain names, should get in touch soon.

I do not know how Sedo intends to promote the domain names at the event, nor do I know the commission rate for deals worked out as a result of submitting them. If you are interested in learning more, contact Sedo directly with your questions and I presume they will respond to you in a timely fashion.

Below  the email I received, which contains the contact information for submitting domain names. Please do not submit your domain names here because Sedo likely won’t see it and I have no interest in seeing it either!

The stock market has taken off quite a bit in the last month or so with this so called “Trump Rally.” In fact, the Dow Jones Industrial Average (DJIA) has come very close to hitting the 20,000 mark for the first time ever. The DJIA is currently trading at 19,874, having hit an intraday high of 19,961 on December 14. Perhaps today will be the day it passes 20,000 or perhaps it will come back down and we will have to wait.

Interestingly, it looks like someone may have been hopeful about the Dow hitting 20,000 back in 2006. The Dow20000.com domain name was registered by someone in January of 2006. At that time, it looks like the DJIA was trading somewhere around 11,000 depending on the day.

It doesn’t look like Dow20000.com has been developed, according to Screenshots.com, and I can only assume the meaning of the domain name is related to the Dow Jones Industrial Average hitting the 20,000 milestone. Of course, it is possible that it has some other meaning. The domain name currently resolves to a generic GoDaddy landing page. According to DomainTools, it looks like the .net, .org, .info, .us and perhaps other extensions are also registered. Those domain names are not registered to the same people.

When I did a Whois search for

If you attempted to visit Sedo this morning, you likely encountered an error message. When I visited, the only thing I saw was this error message displayed:

Service Unavailable – DNS failure

The server is temporarily unable to service your request. Please try again later.

I reached out to a representative from Sedo and I was told the company knows about this issue and is working on it. I was also told they expect to have the error resolved shortly. If customer accounts (such as parking) were impacted by this downtime, I am sure Sedo will address it with an email to clients.