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Striking a Balance Between Liquidity and Portfolio Maximization

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The last couple of years have been abnormal for just about everyone. Between the effects of the pandemic and now the war in Ukraine, just about everything has gotten much more expensive. Demand for most things is higher and supplies are dwindling. With domain names, the best domain names are in stronger hands, and there are fewer top domain names available to purchase. Inflation is probably going to be the word of 2022. It doesn’t take an economist to see the effects of inflation everywhere, including domain names.

In order to thrive – or maybe even survive, I think domain investors need to strike a balance between maintaining liquidity (cash or cryptocurrency) and domain portfolio maximization.

ICANN to Assist Domain Registrants in Ukraine

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In a blog post earlier today, ICANN announced that it will assist domain name registrants in Ukraine and the surrounding area to ensure their domain names do not accidentally expire during these horrific times:

Video: Founder of Awning Discusses Venture.com

In the video testimonial below, Shri Ganeshram, founder of Awning, discussed the benefit of his company’s Awning.com domain name. In particular, Shri mentions the credibility that is earned by the brand for having a premium domain name like Awning.com.

A Whois search shows that Awning.com has been registered under Whois privacy at Uniregistry for quite some time. This is likely because Awning doesn’t actually own Awning.com. Instead, the company leases it via Venture.com. Instead of having to spend a significant sum of money to acquire the domain name, the company is able to pay a monthly fee to lease the domain name.

According to Crunchbase, Awning has raised more than $9.3 million in funding. Shri mentions that the company was not hampered in its fundraising by leasing the domain name rather than owning it.

Thanks to Steven Sacks for sharing the video.

Network Solutions Proxy Emails Not Being Sent to Registrants

In order to email a domain registrant who has Whois privacy enabled at Network Solutions, people now need to send a message via the contact form found on the Network Solutions Whois search page. I learned this when I sent a follow-up email to a Network Solutions privacy proxy email address.

In September of last year, I tried to buy a domain name that is registered at Network Solutions. I sent an email to the domain registrant using the unique @networksolutionsprivateregistration.com email address. I did not receive a response. Yesterday, I sent a follow-up email using the current @networksolutionsprivateregistration.com email address, and I received an immediate auto-reply from the no-reply@networksolutionsprivateregistration.com email address notifying me of the change:

“To reach a domain contact about a privacy protected domain name, please search for the domain name on the WHOIS page and submit your message through the domain contact request form at the bottom of the results page. This process protects the privacy of the domain name holders in the WHOIS system.

Best Regards,
Network Solutions Customer Support Team”

I don’t recall ever running into this before, and a search of my email history for this type of email did not yield any results.

Network Solutions is not the only domain registrar that requires people to use a contact form to contact domain registrants using Whois privacy. In fact, I believe several registrars like Google and Tucows also have similar messaging when an email is sent to a Whois privacy email address.

When you visit the Network Solutions Whois contact form, there are two ways to reach out to make an offer for a domain name. On the right side, there is a link to use their “Certified Offer Service” to make an offer with the assistance of a broker. At the bottom of the page, there is a button to “Send a Message” to the registrant. Clicking this will produce a form with a drop down menu that has 3 short message options along with a message field.

Downside of Tweeting

If it wasn’t for this blog, I probably wouldn’t have much of a presence on Twitter. I would probably use my account to follow various accounts of interest – domain names, investing, news, sports…etc. I most likely wouldn’t spend time communicating via Twitter like I do now.

Because of my blog and Embrace.com, I spend a fair amount of time tweeting about domain names. Many of these tweets highlight notable domain name sales and domain name acquisitions. Not only do the tweets drive some traffic to my website, but they also help build the Embrace.com brand.

When I inquire about buying a domain name, I do so using my real name with my real contact information. Being transparent can help establish trust, and that is crucial in a negotiation. While some people may opt to not sell a domain name to a domain investor, I would rather a counter party know why I am buying a domain name rather than think I am a major corporation with unlimited funding.

GoDaddy Testing Financing Option on BIN Landers

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Over the weekend, I reported that GoDaddy would “soon” offer a financing option for aftermarket domain name purchases, per a comment from Paul Nicks. The company is now testing a buy now pay later (BNPL) option via Klarna on aftermarket domain names. This allows a buyer to purchase a domain name and pay for it over a period of time.

You can have a look at this screenshot from TowelSpa.com, which utilizes the GoDaddy BIN landing page, to see how the implementation appears: