In its sales report for the past week, Uniregistry reported the $300,000 sale of Joyride.com. The domain name was acquired by a startup that is anticipating a Fall of 2019 launch. This was the largest sale of the week reported by Uniregistry.
PMC 2019 Recap
One year ago today, John Berryhill suffered a heart attack while out for a casual bike ride. This past weekend, John showed that he has fully recovered, and he and I completed our 162 mile Pan-Mass Challenge. Together so far, John and I have raised nearly $20,000 for Dana-Farber Cancer Institute and its Jimmy Fund, and much of this has been with the help of the domain investing community.
RX.com Sold via Sedo for $1 Million
Sedo’s senior domain broker Dave Evanson reported that RX.com was sold via Sedo for $1 million. I believe Dave was the sole broker on this deal:
Just sold RX .com for $1,000,000!! Congrats to buyer and seller!!
— dave evanson (@SedoDaveEvanson) July 30, 2019
A Reason to Keep Deals Private
I don’t really share the domain names I sell or sales prices of domain names. I have publicly shared a handful over the last 10+ years, but my strong preference is to keep my sales and sale prices private. Occasionally, I have been asked about why this is my preference, and I want to share one example of what can happen when someone makes the decision to share a sale publicly.
Cameron Winklevoss Compares Domain Names to Crypto
Cameron Winklevoss, Co-founder of a Bitcoin exchange called Gemini (which operates on the brand match Gemini.com), tweeted about domain names a few days ago, comparing the early days to crypto assets:
Cyberspace assets = domain names
Cryptonetwork assets = tokens1990: 4-letter domain = $10. Same domain today = few millions max
2009: bitcoin pizza = $10. Same pizza today = ~$80millionAbility to own a piece of Cryptonetworks > Internet.
— Cameron Winklevoss (@winklevoss) May 23, 2019
Direct.com: Great Domain Name on a Local Billboard
I want to share a photo I took yesterday afternoon on my way home from swim lessons. The billboard is advertising Direct.com, a domain name used by a local credit union called Direct Federal Credit Union. I spotted the billboard on I-95 in either Needham or Wellesley, Massachusetts. It was the first time I can recall the name of this credit union before, and I think it is an effective advertisement.