Home Blog Page 147

Gerald Levine Honored with ICA Lifetime Achievement Award

0

Intellectual Property Attorney Gerald Levine was honored today with a Lifetime Achievement Award by the Internet Commerce Association. Mr. Levine is a noted attorney who is an expert in law related to domain names and intellectual property. Not only does Mr. Levine represent domain registrants and serve as a UDRP Panelist, but he also wrote the preeminent book on the topic – Domain Name Arbitration.

The virtual Award presentation was shared by the ICA and features quite a few domain industry veterans and IP attorney colleagues of Gerry who respect him tremendously. Congratulations to Mr. Levine on the award honoring his contributions.

Giving Squadhelp a Shot

I’ve read quite a bit about Squadhelp and its domain name marketplace. I like what I can see they are doing, and I enjoy reading the insights shared on Twitter by CEO Darpan Munjal. I also trust Hilco Digital’s Andrew Miller, and if his company is backing Squadhelp, I like their chances of continued growth.

In particular, I like that the Squadhelp target audience seems to be people and businesses looking for a brand name rather than people who are simply looking for a domain name. Domain registrars and domain sales platforms compete for customers searching for domain names, and I like that Squadhelp seems to primarily target people who are seeking out a brand identity – and a domain name is a big part of that.

The Appraised Value is “too high to estimate”

1

It is apparent that GoDaddy has been in the process of revamping its domain name appraisal tool. This became most obvious when expiry auctions in GoDaddy Auctions were missing their estimated values. Recently, domain investor Bob Hawkes noticed what appeared to be a change in the appraisal tool:

GoDaddy’s Paul Nicks replied that the algorithm hadn’t changed but GoDaddy added more sales data:

One thing that seems to have gone unnoticed is a tweak to what GoDaddy shows on appraisals for high value domain names. Instead of reporting the value as more than $25,000, the tool now says the value is “too high to estimate.” GoDaddy’s Michael Cyger – who is departing soon – shared this on Twitter this morning:

I actually think this is a very good change. Instead of putting that $25,000 number on valuable domain names – which can be very confusing unless the disclaimer is carefully read – it emphasizes the high value of the domain name.

With many prospective buyers trying to use the GoDaddy Appraisal as a means of getting a lower price on a domain name they don’t wish to buy, I have come to look unfavorably on this automated tool. That said, I think this new language is helpful.

Full Agenda Released for NamesCon Global

1

The 2023 edition of NamesCon Global is coming up in just over a month from now. The annual domain industry conference is being held at the Omni Hotel Downtown in Austin, Texas from May 31 – June 3.

I received an email from conference organizers this morning announcing the entire conference agenda has been released and published online. For those of you debating whether or not to attend based on the conference content can now see the panels and speakers who are scheduled to participate.

AirPlay.com Sells for $202k as Apple Registers Swath of AirPlay Domain Names

0

The largest domain name sale of the day yesterday was AirPlay.com. The domain name sold for $202,000 in an expiry auction at GoDaddy Auctions. I wasn’t following the auction closely, but NameBio reported the auction result this morning:

Originally created back in 1996, AirPlay.com is currently registered at GoDaddy Online Services Cayman Islands Ltd (formerly Uniregistry).

Chat.com Acquired for More than $10 Million

Last week, Hilco Digital’s Andrew Miller shared that he and Larry Fischer brokered the sale of the Chat.com domain name. Andrew mentioned that it was “the most significant domain asset transaction in our combined 50+ years investing in and advising on premium domain names.”

Given their involvement in the 2021 sale of Home.com coupled with the extraordinary value of Chat.com, my assumption has been that Chat.com sold for 8 figures ($10 million or more).