Coins.com Domain Name Sold and in Escrow | DomainInvesting.com
Neustar Domain Names

Coins.com Domain Name Sold and in Escrow

31

Late last week, I wrote about the sale of Crypto.com, a domain name that was acquired by a crypto-based credit card company called Monaco, which is rebranding as Crypto.com. I have been tracking quite a few exceptional domain names that would appeal to cryptocurrency companies, and I can exclusively report the sale of the Coins.com domain name.

According to Whois records, Coins.com is currently registered to IP attorney Stevan Lieberman. The domain name had previously been registered to Stacks Bowers, a company that conducts auctions of rare coins and currency. I contacted both the new registrant via the Coins.com contact form as well as Stevan, and both confirmed the domain name was sold and is currently in escrow via Escrow.Domains, a secondary site of Greenberg & Lieberman.

The new registrant of Coins.com is Adam Perzow, who was previously associated with Investing.com. Adam is one of two co-founders of MD Insider, Inc., a machine learning data company in the healthcare sector. He also previously sold his domain, Invest.com, in late 2014 to Singulariteam, a private equity group based out of Israel.

I reached out to Stacks Bowers to see if they could offer a comment about the sale of Coins.com with no reply.

From what I understand, the acquisition of Coins.com was made as an investment due to the branding potential of Coins.com as a global consumer brand for the cryptocurrency space. Adam told me via email that “with the right strategic partner and scale, the value of the brand can be unlocked and realized globally alongside trusted sources like Coinbase.” The buyer is “seeking to position Coins.com in a joint venture capacity with a major group (i.e. top digital asset exchange or platform in the cryptocurrency space, or traditional stock exchange or IBANK like Nasdaq, Deutsche Bourse or Goldman Sachs).

Adam mentioned that since acquiring Coins.com, he has been contacted by quite a few of the larger crypto-companies and exchanges who have either tried to buy Coins.com or have proposed other types of deals. I was told that the domain name is not for sale, and is only bring positioned with a major joint venture in mind, despite receiving offers of “almost $10 mm from existing crypto players.”

Adam would not share the purchase price or terms of the deal with me, although he did confirm that it was a seven figure deal. Based on the fact that the domain name is still in escrow, my guess is that the deal involves a payment plan.

As you may recall, Token.com sold earlier this year for an undisclosed sum, and Tokens.com sold to a group called Polymath. I would imagine Coins.com has a larger appeal to a wider audience, and the purchase price likely reflected that.

I will keep an eye on Coins.com, and if I hear of a partnership or even a sale of the domain name, I will share an update.


About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has sold seven figures worth of domain names in the last five years. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.


Reach out to Elliot: Twitter | | Facebook | Email

Comments (31)

    Carmen Astrid

    Wow. What a huge name. Between coins.com and crypto.com, The domain world is flying right now.

    July 9th, 2018 at 9:24 am

    Richard

    “I was told that the domain name is not for sale, and is only bring positioned with a major joint venture in mind, despite receiving offers of “almost $10 mm from existing crypto players.”

    That is all you need to know about the crypto.com sales price.

    July 9th, 2018 at 9:33 am

    Snoopy

    Good name but have severe doubts about the offers claimed. Not sure it is an obvious choice (in plural) that would have people throwing money.

    July 9th, 2018 at 9:35 am

    Jake

    The domain world is definitely mooning again! Coins.com could absolutely hold many real-world partnerships with some of the already most dominating crypto players and businesses. The name “coins” alone carries so much SEO and searchability for the day one to expert crypto user. I could see this going for 8 figures easily.

    July 9th, 2018 at 9:41 am

    Jeremy

    This is the absolute ultimate name for a “mass market” brokerage, digital currency exchange or platform for the entire industry. I’m thinking “cars.com” level mass appeal. Crypto.com also a very interesting name, seemingly more speculative and less mass market. Both are very strong. Very curious to hear people’s thoughts…

    July 9th, 2018 at 9:49 am

    moo

    And coin.com is stlll there, with a ~1995 website, waiting for someone to make a cant refuse offer.

    July 9th, 2018 at 10:20 am

    Adam

    The next is .coin, then .co.in

    July 9th, 2018 at 10:23 am

      Richard

      .co.in is one of the 7 official subdomains of the .in registry.

      In reply to Adam | July 9th, 2018 at 10:56 am

    steve brady

    Until now, mass market with coin names meant owning 20 washing machines.

    Imagine a laundrymat that accepts Bitcoin, price goes up you get an extra rinse cycle, price drops, the dryer shuts off early.

    July 9th, 2018 at 10:36 am

    Blockchain.link

    Wow, the cryptocurrency space is hot even with BTC down so much.

    July 9th, 2018 at 10:41 am

    Suresh Raghavan

    Excellent ..

    July 9th, 2018 at 10:51 am

    notbrooks

    Very interesting – does this mean that ‘crypto’ is evolving out of the early adopter stage? It’s going to be interesting to see where this goes. Question is which are going to be ‘The Brand’

    Coke v. Pepsi
    Nike v. Reebok
    Amex v. Visa/MC
    Chase v. Citi

    This is going to be fun!

    July 9th, 2018 at 12:03 pm

    Ari

    When you really look at the crypto currency and utility token space there is really very few known mainstream consumer brands other than ‘bitcoin’ and perhaps ‘coinbase’. While ‘crypto’ is right on the nose for current crypto investors and speculators, ‘coins’ could really go after Joe consumer if positioned correctly. Could coins.com possibly be valued higher than crypto.com?

    July 9th, 2018 at 12:07 pm

    Auction.fyi

    coin.com – strong brand
    coins.com – so so

    July 9th, 2018 at 12:23 pm

      John

      No, you’re wrong. This is a case where the plural is not only strong as a brand but may be stronger than the singular.

      In reply to Auction.fyi | July 9th, 2018 at 11:20 pm

      jonathan

      I agree w/ john.

      coins.com > coin.com

      In reply to John | July 10th, 2018 at 9:49 am

    Mark Thorpe

    Personally, I would buy coins.com before crypto.com.
    Coins.com is more generic and broad based.

    The average person would trust coins.com more than crypto.com IMO.

    July 9th, 2018 at 1:29 pm

      Mark

      Has anyone even thought of the negative connotations associated with the word Crypto? In my opinion, having a foundation in codes and and a meaning of being secretive, does nothing to build security in financial transactions.

      Ask any banking or financial services professional what is most important in building a brand and they will say safety and security.

      I think Coins.com is the long term winner here.

      In reply to Mark Thorpe | July 9th, 2018 at 3:13 pm

      notbrooks

      Totally agree @Mark

      In reply to Mark | July 9th, 2018 at 4:31 pm

      steve brady

      Totally, In order for crypto to stay crypto 87% can’t understand anything it’s saying.

      Of the two, one means “loose change”, Won’t object to that.

      In reply to Mark | July 9th, 2018 at 8:05 pm

    Gil

    This could be used in a play to take crypto mainstream.

    July 9th, 2018 at 1:29 pm

    Francois

    Great purchase even if I have never been a fan of coins to talk about cryptocurrencies because for me it lets more think about “fiat coins”.

    PS: I still have bloc.com (blockchain) and alts.com (altcoins) for sale.

    July 9th, 2018 at 5:17 pm

    steve

    I guess the Crypto market is stabilizing.

    I had a nice sale of a Block .com domain (via a broker) today with funds in escrow.

    July 9th, 2018 at 8:35 pm

    Bitcoinmxn

    Let’s wait and see how they will utilize it.

    July 9th, 2018 at 10:07 pm

    Andy

    Where can I
    Use Coins. online or
    Spend Crypto. online ?
    Took a position recently on a couple of dot online names, thoughts?

    July 10th, 2018 at 8:52 am

      carmen

      currently aside from cryptocurrencies, digital coins can “currently” be used in many other mainstream ways:

      1. Amazon coins:

      https://www.amazon.com/Amazon-Coins-Apps-Games/b?ie=UTF8&node=13927674011

      2. bumble app coins:

      https://bumble.com/en-us/faq

      every game app i ever use online has in app currency called “coins” and “buy coins”

      coins.com is a far superir name for the simple reason that coins are mainstream, and they can mint their own coins on platform….they are a currency. coins.com “coins”

      mainstream, simple, trustworthy, brand…this is what equates to billion dollar value.

      coins.com is a 9 figure domain in that respect (and a billion dollar brand in the right positioning)

      In reply to Andy | July 10th, 2018 at 9:07 am

    Mark Thorpe

    For some of you who still think that the term “crypto” is better than “coin”, tell that to Bitcoin.com, CoinBase.com and CoinMarketCap.com, the big 3.

    July 10th, 2018 at 9:35 am

      jonathan

      Agree with Mark.

      Also…Cointelegraph is another big one

      coins.com seems to me like the bridge between the pure crypto world on the one hand, and the real life average person on the other. online digital currency in it’s variety of forms IS coins.com (a very valuable mainstream brand) , and cryptocurrency with genuine decentalization IS crypto.com (a very valuable but fringe brand).

      the word crypto also comes with risk in that it may fall out of favor as a used term whereas coins.com has ammunity to this issue and may be the common word used.

      any thougths on this anyone ?

      In reply to Mark Thorpe | July 10th, 2018 at 10:13 am

    elevator

    I congratulate the buyer and the seller. The domain is a highly valuable asset

    July 10th, 2018 at 5:47 pm

Leave a Reply

Name *

Mail *

Website