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Daniel Negari Comments About Swetha and Her Business

For the past few years, Swetha Yenugula has regularly and frequently shared her .XYZ domain name sales. The value of her sales coupled with the velocity of her sales has led to some skepticism about the veracity of her sales. A bit of skepticism about domain name sales is healthy. It can drive people to investigate reported sales to weed out bad actors who may be inclined to report fake sales. The feedback Swetha has received has gone well beyond a healthy skepticism, and it is unfortunate.

To date, I have not seen any evidence to refute any of Swetha’s reported domain name sales. In fact, over the last few days, Swetha’s sales have been confirmed by multiple third parties.

On Sunday, NameBio’s Michael Sumner published an article about Swetha’s sales on Afternic. Swetha provided Michael with her Afternic login and password to allow Michael to verify her sales on the platform. This must have felt invasive. Every one of Swetha’s sales were verified by Michael. In fact, after reviewing her records, Michael wrote, “Thus I now feel 100% confident in all her reports, not just the Afternic ones.”

In addition to selling 7 figures worth of domain names on Afternic year to date, Swetha has also done a substantial volume of business on Dan.com. On Twitter, Swetha requested that Dan.com Founder Reza Sardeha vouch for her sales. After all, Swetha was likely one of the top sellers on the platform. Reza did just that:

NamesCon 2023 Registration is Open with Discounted Tickets

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NamesCon announced that registration for its 2023 NamesCon Global event is now open with a discounted early bird rate. The “Super Early Bird Special” ticket price is $349 or $549 for a Channel Pass. This is 65% off the regular price, according to the email I received. Tickets can be purchased via EventBrite, and the announced prices do not include ticket fees.

NamesCon 2023 will take place from May 31–June 3 at the Omni Austin Hotel Downtown in Austin, Texas. NamesCon has become the de facto domain industry annual conference.

Conference organizers will be sending a hotel discount code for conference attendees to save on hotel rooms during the event.

Spaceship.com Looking for Beta Testers

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Namecheap CEO Richard Kirkendall announced that he is looking for early beta testers for the company’s under development “registrar and digital product platform” known as Spaceship. Beta testers should be people who already own domain names and are looking to register more. They should be also willing to provide feedback about their experience using the platform:

Richard followed this tweet by telling potential beta testers that they will be able to register domain names at cost for the time being:

Friction with LTO + Make Offer

I use Dan.com landing pages for a great deal of my portfolio. Many of these domain names, particularly at price points above a few thousand dollars, use the Buy It Now (BIN) + Make Offer + Lease to Own (LTO). I have been running in to a bit of friction with this setup.

The way it is suppose to work is that someone can either buy the domain name immediately for the list price in one payment, buy the domain name in monthly installments of their choosing, or submit an offer to buy the domain name. If a prospect submits an offer and the owner accepts it, the buyer is sent to a payment page to submit payment for the agreed upon amount.

It’s Going to be a Slow Week

It’s Thanksgiving week in the US this week. On Thursday, Americans will celebrate the holiday, but the travel and related celebrations usually begin before. If you’re in the middle of a negotiation or sending emails to buyers or sellers, you’ll probably receive out of office email replies. Thanksgiving week is not usually a great week for getting business done.

In addition to Thanksgiving, the World Cup started yesterday. The USMNT is playing its first game today, and my television will be tuned in to the match. The second USMNT match is on Friday, which is also Black Friday. People around the world will be tuning in to World Cup matches this week, and work will be on the back burner.

Gambling.com Acquires Casinos.com from Caesars

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According to a Seeking Alpha article covering the most recent Gambling.com earnings call, the publicly traded Gambling.com has acquired the Casinos.com domain name from Caesars. Terms of the deal were not shared on the earnings call, but the company seemed elated with the acquisition.

Here’s what Charles Gillespie, CEO of Gambling.com, stated about the acquisition of Casinos.com on the earnings call: