Home Blog Page 2

Bought for ~$10k in 2023, Finsure.com Saved in UDRP

When I see the term “finsure,” my immediate thought is that it is a portmanteau of the terms finance or financial and insurance or insure. I suspect that is why Finsure.com sold for $9,750 in 2023 via NameJet expiry auction, according to NameBio.

A company called Finsure, which was founded in 2021, uses the Finsure.us Finsure.one domain name for its business (update: this was my error, but it shows there are numerous companies that use Finsure in branding). This company filed a UDRP against the Finsure.com domain name at the World Intellectual Property Organization (WIPO). According to DomainLeads, there are 46 “Finsure” TLDs registered and 10 of them are developed. This does not include several hundred other domain names that contain “finsure.” In short, it’s a pretty common compound word and not limited to one single company.

The UDRP decision was published this morning. Not only did the domain registrant prevail in this UDRP, but the three member panel also found it was an instance of Reverse Domain Name Hijacking (RDNH). Specifically, the panel found it was a “Plan B” filing whereby a company fails to purchase a domain name and files the UDRP as its “Plan B.”

“What Makes This Domain Name Valuable?”

8

As Aziz noted this morning on X, GoDaddy has added an AI feature to its for sale landing pages, allowing prospective buyers to get additional insight into why a domain name is valuable. On the right side of GoDaddy “for sale” landers, there’s an “Ask AI” button visible.

Clicking the button opens a pop-up window with a pre-populated question, What makes this domain name valuable? Clicking the prompt draws an AI-generated response from the tool emphasizing some of the unique traits of the domain name.

Why Some Companies Won’t Sell a Domain Name

For domain investors and entrepreneurs, it can be frustrating to come across a company that owns a valuable domain name that isn’t being used, but the company won’t consider selling it. It might seem like a missed opportunity for the company to sell an unused valuable asset, but there are reasons behind this.

Here are some of the most common factors that explain why some companies simply won’t sell a domain name regardless of the offer or buyer’s interest:

NamesCon Ticket Prices Increase Tomorrow

1

Initially, I did not plan to attend NamesCon in November. We have quite a few family things going on in November, and it’s an inconvenience to ensure our kids get where they need to be – and I hate missing their events. After some further thought, I decided I will most likely attend for at least a day.

I received an email this morning reminding me that the price for a NamesCon ticket will increase tomorrow. The standard pass is listed at $499 and apparently increases to $649 tomorrow. The vendor pass increases from $799 to $999.

ICA Posts Video of WIPO-ICA UDRP Review Project Initial Report

The ICA hosted a webinar to discuss the Initial Report of the WIPO–ICA UDRP Review Project Team. The joint project between the two organizations aims to explore ways to strengthen the UDRP with incremental improvements.

The primary topics of discussion were related to the following:

  • Registrar verification procedures
  • Fee payment deadlines
  • The potential for an appeals layer
  • Challenges of implementing changes like a “loser pays” system

Spaceship Hits 3 Million DUM

Spaceship, the rapidly growing domain registrar and sister company of Namecheap, just surpassed 3 million domain names under management milestone. Less than a year ago, Spaceship hit the 1 million DUM milestone. I think this underscores the company’s momentum and growing influence in the domain space, particularly as it relates to domain investors.

Recent Posts

Delete the Verification 3rd Nameserver

0
This morning, I received an email from Atom notifying me the nameservers for one of my domain names was not correctly set up. I...

Team Internet and CCI Partnership to Operate .CO ccTLD

0
According to a post on Team Internet's corporate LinkedIn page, the company has been awarded the contract to operate the .CO ccTLD registry in...

45.com Reportedly Acquired for $1.8 Million

0
According to a post on X linking to a press release on CoinDesk, the 45.com domain name has been reportedly acquired for $1.8 million. Lucky45...

Atom Hiring Manager of Registrar Operations

0
Last month, Atom.com announced that has become an ICANN accredited domain registrar. In the blog post announcement, the company briefly shared its big vision...

Jason Calacanis Acquires Begin.com (Update)

2
Serial entrepreneur and investor Jason Calacanis announced the recent acquisition of Begin.com. Jason didn't share the acquisition price, but he did mention this is...