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NicaraguaCanal.com: Smart End User Purchase

Elliot Silver
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4

Reuters is reporting that “Nicaraguan lawmakers granted a 50-year concession to a Chinese company on Thursday for it to design, build and manage a shipping channel across the Central American nation that would compete with the Panama Canal.” The construction of this Nicaragua Canal would likely generate a significant amount of revenue for the country if/when it’s built.

Smartly, the company behind the Nicaragua Canal project appears to have bought the matching NicaraguaCanal.com domain name. The current registrant for the domain name is HK Nicaragua Canal Development Investment Co., Ltd, which is the same company mentioned in the Reuters article.

NicaraguaCanal.com has a registration date of August of 2007, and it appears to have been owned by a domain investor. In 2009, the domain registration was made private. According to Daily Changes, the domain name was on Sedo DNS until September of 2012 when it moved to Afternic DNS. The Whois registration remained private until May 18, 2013. The domain name is still listed for sale on Sedo, but based on the current ownership, I would assume it’s a dated listing that should probably be taken down.

NicaraguaCanal.com does not currently resolve, but I assume the company has plans for it – or didn’t want someone else to control it. Interestingly, PanamaCanal.com appears to be owned by a tour company, not affiliated with the Panama Canal.

Sedo Updates Buyer Control Panel

Elliot Silver
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0

In a Facebook update shared yesterday, Sedo  announced that the company had rolled out updates to its buyer control panel, in an effort to “to make it easier for our #domain buyers.” When a company like Sedo makes client facing changes, I think it’s important for domain investors to know what changed.

After reading the post, I reached out to Sedo’s Daniel Le Ray, and he was able to provide me with details about the changes that have been made, and he also shared before and after screenshots of the control panel.

Here are the changes that were made according to Sedo’s  Product Management team:

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Is.com and Prices.com Listed on Sedo

Elliot Silver
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0

Sedo  just issued a press release this morning announcing that the company locked up the Is.com and Prices.com domain names under exclusive brokerage contract, with Dave Evanson serving as the broker. The asking prices for these two domain names were not shared, so the best way to find out is to contact Dave directly.

The domain names show Domain Capital as the registrant, but the press release quotes Mike Bahlitzanakis as the owner.

In 2006, the Ottawa Citizen posted an article about domain names, and

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Coronavirus Spreading: Coronavirus.com on Sedo

Elliot Silver
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14

At the World Health Assembly held recently in Geneva, Switzerland, the World Health Organization (WHO) warned that a SARS-like virus is a major health threat. According to WHO Director-General Dr Margaret Chan, “The novel coronavirus is a threat to the entire world.”

I was curious about who owns Coronavirus.com, because if the world reaction to this coronavirus is similar in scale to SARS, it is probably going to be worth

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May Great Domains Auction Nets $175k

Elliot Silver
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2

Sedo’s May Great Domains auction ended last week, and the converted total sales value in USD was $174,838.09. The largest sale was MPH.com for $62,000. Several three letter .com domain names sold in this auction for fairly solid prices considering the letters.

I believe this is one of the most successful Great Domains auctions in a while, with the exception of the auction that included the sale of Moms.com (for over $250,000). Listed below are the sales from this month’s auction.

mph.com 62000 $US
engineer.co.uk 10099 £
upv.com 10000 EUR
child.org 9976 EUR
sbq.com 9300 EUR
chz.com 9100 EUR
kjq.com 8600 EUR
d-y.com 5655 EUR
booklets.com 5099 $US
emq.com 5000 $US

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Great Sedo Description

Elliot Silver
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11

If you have domain names listed for sale on any of the major platforms, you’ve probably received many lowball offers. Whether people are uneducated about the value of good domain names or they think they can get a great price by playing the “poor” card, it seems that there are always going to be ridiculously low and uneducated offers.

I was browsing through some domain names at Sedo, and I came across the sale listing for DAR.com, which is obviously a high value domain name. While contemplating whether or not to submit an offer, I saw the seller’s description and wanted to share it with you because I think it is great.

“We receive numerous very low offers on some of our domains. Please do yourself and the domain community a favor and educate yourself on the value of short domains before wasting our time. If you’re a ‘small business owner’ – ‘poor student’ or the ‘very poor startup company’ do not even think about contacting us.”

I am not sure if that description / disclaimer is working, because according to Sedo’s domain statistics, DAR.com has previously received 229 offers. This figure does include negotiations, so if someone made 5 offers in a negotiation, that would be counted. It likely counts the number of offers received prior to putting up that message.

One way to prevent these lowball offers (aside from a great disclaimer provided by the seller) is to set a minimum offer price. It does not appear that the owner has done that, so every $60+ offer that is submitted goes through.

In any case, I thought the disclaimer was funny and wanted to share it with you.

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