According to a LinkedIn post from Sedo’s Sr. Broker Dave Evanson, the SolarEnergy.com domain name was sold via Sedo for $175,000:
John Berryhill Highlights Risks in GoDaddy LTO TOS
A week ago, I shared how I am cautious with offering a Lease to Own option on some of my domain names. I do not want to put my valuable domain names at risk by allowing buyers to pay for them over a long period of time while potentially putting them at risk.
With GoDaddy now offering LTO to some buyers and a roll-out to all buyers expected soon, IP attorney John Berryhill shared some commentary on Twitter regarding the risks for sellers based on the GoDaddy LTO Terms of Service (TOS):
Here’s How GoDaddy LTO Looks to Buyers
GoDaddy announced it would allow sellers to give buyers the opportunity to choose a lease to own option for domain names listed for sale on its Afternic platform. The company gave sellers a lead time to implement the LTO option before offering it to customers searching to buy domain names.
Yesterday afternoon, the Afternic X / Twitter account shared that the LTO option is being rolled out to select buyers on GoDaddy’s website. I asked Paul Nicks, President of Domains at GoDaddy, if he can share how the LTO offer is presented to prospective buyers who search for a domain name.
Squadhelp CEO on Fox Business Discussing X
There’s been a lot of talk about Twitter and its rebrand to X. It was probably the most popular topic of the day, particularly as it relates to the brand equity the company has built since it was founded.
This afternoon, Squadhelp CEO Darpan Munjal appeared on Fox Business as a branding expert to discuss the challenge Twitter faces with its X rebranding. Here’s the video of Darpan’s appearance:
Just spoke with @FoxBusiness regarding Twitter's rebrand to https://t.co/QltgJafunv pic.twitter.com/r02HTB5aXs
— Darpan (@darpanmunjal) July 24, 2023
Wonder if GoDaddy Would Sell X.CO
By now, I am sure you heard that Twitter is becoming X. Elon Musk, who bought X.com, is now forwarding X.com to the Twitter website. I would not be surprised if that flips at some point and X.com becomes the home for the matching X brand.
As you may recall, GoDaddy previously operated the X.CO domain name, where it served as a url shortener. In 2017, GoDaddy sunsetted the X.CO shortener, and it currently forwards to GoDaddy’s home page.
ICA Introduces Broker Code of Conduct Badge
The Internet Commerce Association (ICA) recently developed and announced a Voluntary ICA Broker Code of Conduct. The Code of Conduct is a voluntary set of guidelines created with the input of ICA members to help establish best practices for professional conduct expected from domain brokers.
Yesterday afternoon, the ICA invited domain name brokers, who are Bronze-level members or higher, to commit to abide by the Voluntary Broker Code of Conduct. The Code of Conduct covers topics like working with a client’s best interests in mind, using a brokerage agreement that lists all terms and fees, disclosing any conflicts of interests, and quite a few other expectations and best practices that professional domain brokers should maintain.
