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2022 PMC Domain Industry Jersey Raises $23,500 for Dana-Farber

Elliot Silver
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John Berryhill and I will be riding in the Pan-Mass Challenge this Summer to raise funds for Dana-Farber Cancer Institute. As we cross the finish line after completing this 192 mile bike ride, John and I will be wearing a jersey adorned with logos and graphics from our domain name industry friends and colleagues who made generous donations to support our fundraising efforts.

As a result of exceptional support this year, I am happy to share that we raised a record $23,500 in donations for Dana-Farber via our domain industry jersey sponsorships. In total to date this year, we raised more than $28,000 for Dana-Farber. We hope to raise even more as it gets closer to PMC weekend. You can support my PMC fundraiser here and you can support John’s PMC fundraiser here.

John and I have received an incredible amount of support from our domain industry colleagues, and we appreciate every single donation that was made to our fundraisers. Cancer is something that doesn’t discriminate, and John and I support Dana-Farber’s cancer fighting mission.

I want to give a special shout out to our generous Pan-Mass Challenge jersey sponsors:

If You’re Going to Give an F-Off Price, It Better Be High

Elliot Silver
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There was an article (paywall protected) on Business Insider that covered a lawsuit involving the Wormhole.com domain name. Attorney Evan Brown also wrote an article about the case. This morning, Decrypt published an article that revealed a settlement had reportedly been reached.

Here’s how Decrypt described the negotiation for the sale of Wormhole.com.

“In June of 2021, someone at Jump used a third-party domain broker to approach Merryman and offer $2,500 for the name. The latter rebuffed the request, saying—perhaps in jest—that the price was a “firm US$50000.”

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BUX Gets Bux.com After Bux Shuts Down

Elliot Silver
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In 2018, SmartCompany published an article about a company called Bux that shut down after raising a substantial amount of funding. According to the article and corroborated by a Crunchbase profile, Bux had raised $65 million in funding before shutting down. Bux was a mobile bill paying platform, and it operated on the Bux.com domain name.

When it comes to a valuable generic domain name like Bux.com, a corporate shut down doesn’t mean the end of life for the domain name. Another company called BUX appears to have acquired the Bux.com domain name. Jamie Zoch tweeted about it this morning:

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“Meh” Domain Names Are The Toughest to Acquire

Elliot Silver
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Because of the niche nature of the domain investing business, I am regularly asked by friends of friends for advice about buying domain names. I don’t do any domain consulting, but I will try to give some advice if I think I might be able to make the acquisition process a bit easier for them. Buying registered domain names is not always easy, and it’s nice to be able to help someone if I can.

Friends of friends usually find me after they’ve made an effort to buy a domain name but failed. Sometimes this happens when they can’t get in touch with the domain registrant and other times it happens when they could not close a deal. Either way, the acquisitions I am called in to help on aren’t usually as simple as buying a domain name via GoDaddy or Sedo.

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Acquired for $30k, BAYC Launches Otherside.xyz

Elliot Silver
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Bored Ape Yacht Club launched a new metaverse called Otherside. ApeCoin holders who had their wallets KYC’d were able to begin minting the Otherside virtual land NFTs, called Otherdeed, last night. For this new metaverse, Yuga Labs, parent company of BAYC, is using the Otherside.xyz domain name:

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From $500 Offer to $435,000 Sale via GoDaddy DBS

Elliot Silver
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“know. your. worth.” That is wise advice from a domain name registrant who was able to turn a $500 offer via GoDaddy’s Domain Broker Service into a $435,000 domain name sale. The story of how the seller was able to do this, including emails from GoDaddy, was shared in an excellent Twitter thread domain investors will want to read:

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