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IBA.com: Another RDNH Finding on 3 Letter .com Domain Name

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A Belgian company called IBA SA filed a UDRP against the valuable IBA.com domain name at the World Intellectual Property Organization. Not surprisingly, the sole panelist, Nick J. Gardner, ruled in favor of the domain registrant. The panelist also ruled this was Reverse Domain Name Hijacking (RDNH). The decision was published today.

The complainant attempted to acquire the domain name for $2,500 in 2021 using a domain broker. According to the panelist’s interpretation of the discussion between the broker and the complainant, the broker told the complainant it” should offer over USD 25,000 if it wishes to make a credible offer.”

Video: Domainer Expo in Las Vegas

Monte Cahn emailed me today about the inaugural Domainer Expo. I understand it is an event that is scheduled to be held in Las Vegas from December 6-7th at the Westgate Resort and Casino. Aside from an email a month ago from one of the event’s organizers, I had not heard about this event until receiving Monte’s email (I don’t believe Monte is involved with organizing the event).

From the looks of it, conference organizers are expecting a large turnout. Quite a few domain industry participants are lined up as speakers. The cost to attend the event is $497 for standard passes or $697 for VIP passes.

The event organizers put together a video explaining what attendees can expect to see at the conference:

GoDaddy Selling X.CO via Afternic

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In 2010, GoDaddy began using X.CO as a url shortener. Several years later in 2017, the company ceased using X.CO as a shortener. URL shorteners were no longer really necessary, and the company opted to stop using the domain name as a public url shortener.

When Twitter announced its decision to rebrand as X in coordination with the X.com domain name previously acquired by Elon Musk, I wondered if GoDaddy would consider selling the X.CO domain name. The company was no longer using it, and perhaps it would be of considerable value to another company – perhaps even Twitter / X:

Dynadot Aftermarket: Open Marketplace Updates

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Dynadot is a domain registrar that operates an aftermarket platform. The platform features expiry auctions as well as domain names listed for sale by customers. I am not super familiar with its Market, but it looks like it has quite a bit of activity.

The company shared a LinkedIn post today to discuss some marketplace updates that will roll out across the platform tomorrow:

STR on Brandable Domain Names

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Squadhelp Founder Darpan Munjal shared some data that I found interesting and potentially helpful to my business. Darpan shared the sell through rate (STR) for a variety of “brandable” types of domain names listed for sale on Squadhelp. While the typical buyer on Squadhelp may differ from other platforms and from other domain name buyers in general, I think this information is useful:

I haven’t always loved “brandable” types of domain names beyond empty-vessel one or two word .com domain names that could be used as unrelated brand names. Just one example of a generic but brandable 2 word .com off the top of my head is BaldEagle.com, which I thought could be used by an organization that helps Bald Eagles or it could be used by a brand called Bald Eagle. I sold it, and it is not being used related to its real meaning.

Business is Down YOY – Here’s What I am Going to Do

This year has been relatively slow for my business. Year to date, I am on pace to equal the number of domain names I sold last year, but I am trailing substantially on the revenue and profits, year over year. Obviously, the profit is the most important metric to my business.

There are a few reasons for why my business income is down this year. For starters, last year was my company’s best year profit-wise due to some abnormally large domain name sales. Comparing a great year to a pedestrian year isn’t really fair, but I can’t help it. I am always seeking income growth. That said, I expect the year to be slightly below average unless I close a few exceptional deals unexpectedly.