Wolf.com has been acquired by Namecheap for $550,000, according to Namecheap CEO Richard Kirkendall. I was told this half million deal was brokered by Andy Booth. The domain name recently moved into the Escrow.com holding account, and I anticipate it will transfer to Namecheap very soon.
As with other recent domain name purchases made by Namecheap, I was told that Wolf.com was acquired as a corporate asset for a future project. Namecheap also recently acquired IZ.com for $625,000, Poke.com for $150,000, and Cluster.com for $150,000. The company owns quite a few descriptive domain names, including Spaceship.com, Visual.com, and Validation.com (among others).
As documented in the Escrow.com Q1 Domain Investment Index, the domain name aftermarket is quite hot right now. The $550,000 acquisition of Wolf.com, which I believe is closer to its wholesale price than potential retail value, will at least temporarily rank in the DNJournal top 10 public domain name sales for the year to date. The acquisition has also been added to the Embrace.com list of public one word .com domain name sales.
While Richard has indicated that Namecheap has plans to use the Wolf.com domain name, I would not be shocked to see Wolf.com re-sold for seven figures.
If you check cluster.com, you will see that the domain is for sale (powered by Namecheap). I really think that Namecheap is slowly building their own domain portfolio like Microstrategy and GoDaddy
Agree, there is zero “future projects” with these names. Seems like a new trend to claim everything is being bought because of development plans.
Ok, Snoopy, let them maintain flexibility, all options open. private company, does more to disclose, cost paid, than any other Reg. dont care if goal; acquire assets on cheap.
prefer develop? Ofc! NC does more than any private Registrar; acquisitions & cost. I’m forever thankful to them for eschewing the “six figure” nonsense, gave exact paid for priceless dns, dont care what NC does. Notice, not easy to “buy silence” NDA.
Respect, even if NC is on a buying spree.
Samer
NameCheap got a good deal on Wolf*com.