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VPN.com announced 5 brokered domain name sales

VPN.com announced five successful domain name transactions today: SEOService.com: $35,000 USD Detect.com: $57,000 USD GTA.com: Undisclosed SiteMaps.com: Undisclosed VPNUnlimited.com: Undisclosed “This is a great time to be in the domain name industry. As platform risk and dependence continues to be recognized at all levels of business, great brands are equipping their visions with the absolute …

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Marketing and branding from monster movies to domains (video)

Jeff Sass gave a very interesting talk during JoomlaDay Florida 2019 that was titled “Marketing and Branding from Monster Movies to Domains”. “Long before he was CMO of the .CLUB Domain Registry, Jeff Sass spent over 7 years making low-budget action/horror films. The lessons he learned making movies have helped him throughout his career as …

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This Means War! ICANN proposes lifting price cap provisions on .org and .info domains!

This means war! ICANN proposes lifting price cap provisions .org and .info domains! This is the most serious matter that registrants have come up against ever. If these agreements are accepted by ICANN then VERISIGN will come running asking ICANN to lift price cap provisions in .com and .net. So all domains can go overnight …

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WIPO issues WRONG report regarding domain name disputes in 2018

Trademark owners filed a record 3,447 cases under the Uniform Domain Name Dispute Resolution Policy (UDRP) with WIPO’s Arbitration and Mediation Center in 2018 WIPO claims that businesses reacted to the proliferation of websites used for counterfeit sales, fraud, phishing, and other forms of online trademark abuse. (Annex 1) But besides that not being the …

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Tucows acquires wholesale domain registrar Ascio Technologies

Tucows Inc. (NASDAQ:TCX, TSX:TC) announced that it has signed a definitive agreement to acquire wholesale domain name registrar Ascio Technologies from CSC®. The transaction closed yesterday. Tucows will pay $29.44 million and the transaction is expected to be immediately accretive to operating cash flow. The purchase price will be funded through Tucows’ existing credit facility. …

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I am renewing my best domain names for 5+ years

In the past year or so I have decided that whenever I make a sale I will use some of the money for renewals. I am not talking about the normal renewals that I usually do every 3-4 months and are quite costly. I am talking about using 3-4% of the money to renew my …

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Domain Investing News Highlights for the week of March 11th, 2019

domain-investing-news

Another week is behind us, and as usual, there was plenty of news in the domain investing world to keep us all busy. In case you missed it, here are some of the top stories that caught my eye. Last week I think I covered too many stories and I really want to keep this short and sweet because it’s Friday and you really don’t have the time to read a bunch of news stories, so I’m sticking with three, if you want more in the future just let me know in the comment section below.

Now, onto the news!

  • ICANN shuts down Alpnames – one of the top stories this week is the shuttering of a registrar that I frankly have never heard of called Alpnames…they broke some rules, are no more, and now hundreds of thousands of domains are in purgatory. DNW broken the news (to me at least) and also wrote a solid article about how to rescue your domains from Alpnames.
  • Mike Mann declared himself the real domain king – here we go again. It’s happened before, and it’s happening again. Domain Investor Mike Mann went on Twitter and said he really should be the domain king. I like both Rick and Mike so I’m staying out of this one.
  • Sketch.com was acquired just before a $20M raise – another great one-word .COM is off the market forever as Sketch.com was acquired by the startup of the same name, perfectly timed just before they announced a $20M raise.

A little bonus story, while I don’t want to promote my own articles too much here, I am excited for Efty who announced this week on the Domain Sherpa show that they’ll be supporting larger portfolio owners (i.e. 5,000+ domains). Woot!

Okay, now stop reading domain investing news and go out and enjoy your Friday night. If you think there’s a story that should have made the list, share away in the comment section below.

Huh? Article predicts “Blockchain Domains” to become bigger asset class than .COM

huh

So a pretty strange article hit the news today. The article states that traditional domains have stagnated and a new class of domains, “blockchain domains” are going to take over.

Some companies in the .com era may have succeeded largely due to their domain and its primacy in search results. Today, this market has become stagnant, but innovation is popping up in a new area  — blockchain domains. (Source – InvestInBlockchain.com)

Uh…I’m not sure this guy knows that millions of dollars in domain names sell every week, and more domains sell now than did back in the “.com era” since that was referring to early Internet startups…not domains as an asset class.

The article continues by complaining that it’s impossible to get a new domain extension. This is just bizarrely misinformed since ICANN has approved over 1,000 new domain extensions, some of which are still hitting the market, like .DEV which launched last month.

It gets weirder.

The article goes on to talk about how payments aren’t native with the current domain name extensions…huh? Then soon jumps to how “blockchain domains” are going to fix everything. The first point he makes is that, poof, new domain extensions will be easier than ever to get…why?

“New blockchain domain services can just launch on a public blockchain, no ICANN approval necessary.” (Source – InvestInBlockchain.com)

Sounds simple right…err, no? Yeah, it’s not, and the author even realizes this and wrote a “now of course” paragraph below about how it’s actually probably super complex and you really can’t “just launch on a public blockchain”

“Now of course, there are many challenges with this, but getting approval from a regulator that may take years isn’t one of them. Instead you need to worry about deploying smart contracts correctly, getting apps to support your new extension, and of course getting users to buy and use the domains.” (Source – InvestInBlockchain.com)

The punchline here is .ETH domains and some stats about how they have done, which is impressive in its own right but still just a tiny sliver of the domain market. There also hasn’t been a massive proliferation of “blockchain domains” nor does this seem to be something that’s really actively being pursued by many companies…except for people like the company the author runs…who are launching blockchain domains.

And that’s when it hit me. This was just a marketing article promoting what the company is doing and positioning the market they’re trying to create as some rocket ship about to overtake the domain name industry…I’m not buying it and this is honestly one of the most poorly-researched, and just plain bizarre articles I’ve read about domain names in a long time.

That being said, I understand the concepts behind blockchain domains, heck I’ll even admit I think they could gain popularity as blockchain becomes more widely used. But to claim that the domain industry has become stagnant and blockchain domains are growing like crazy just isn’t true.

Where’s that facepalm emoji when you need it, ah – here it is:

facepalm

ICANN terminates Alpnames registrar

The Internet Corporation for Assigned Names and Numbers (“ICANN”) today announced it has terminated the Registrar Accreditation Agreement (RAA) with registrar Alpnames Limited (IANA #1857), effective immediately. The Alpnames website at alpnames.com does not resolve. The RAA was terminated after the ICANN organization determined that Alpnames was no longer performing required registrar functions as specified …

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Domains grow 3.7% to 348 million across all TLDs in 2018

CENTR published its CENTRstats Global TLD Report quarterly publication covering status and trends in global top-level domains with a focus on European ccTLDs (country code top-level domains). Global Market The global TLD market is estimated at 348 million domains across all recorded TLDs. Although the overall domain count has continued to grow in all regions …

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Mike Mann sells 6 domains for $99,664 in February (OriginalHemp[.]com, SoftwareBuilders[.]com)

Mike Mann reported selling 6 domain names in February for a total of $99,664. Prices started at $8,000 and went up to $29,888. Mike Mann sold 6 .com domains. The average reported domain sales price was $16,611. But this is the average of just the reported sales. He didn’t share any of his lower sales …

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Trending domain name keywords: Apex Legends, worlds, studios, dentistry

The top 10 trending keywords registered in .COM and .NET domain names during the month of February 2019 were published by Verisign, the .com and .net registry. You can find the list from last month here. My experience shows that 700 or 800 (or even less) domain registrations are enough to bring a keyword into the …

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Radix revenue grows by over 30% in 2018

Radix announced today that it grossed $16.95M in total revenue in 2018, a 30% rise over its revenue in 2017. The registry’s net profit also grew by 45.6% in comparison to last year. Overall, Q4 2018 was its strongest quarter. In the total annual revenue of $16.95M, 27% has been contributed by standard registrations and …

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NamesCon Europe 2019 agenda announced

The agenda of NamesCon Europe 2019 was announced today. The 2019 event is held at Cascais, Portugal, which is right near Lisbon in Portugal. NamesCon Europe runs June 20-22, 2019. This year, NamesCon Europe takes over a 17th-Century fortress that’s been converted into a 5-star luxury hotel and arts district. Take a half-hour trip up …

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.Dev domains are for idiots!

I debated between a few titles for this post but decided that the worst one is best suited to wake some people up. The other title I thought was “there are zero (0) good .dev domain names!”. “.Dev domains are for idiots!” seems to go well with my other post a few months back about …

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Mike Mann shares his domain name pricing levels

Mike Mann shared today on social media the pricing levels he uses to price his domain names. I assume he uses similar levels on his domain name appraisal service. One thing we already knew even from his BuyDomains.com days is that he loves those 8s! Mike Mann is the owner of DomainMarket.com that offers more than 300,000 …

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PIR adds 3 new members to the executive team

Public Interest Registry (PIR), the .org registry, today announced the addition of three new members to the organisation’s executive team – Judy Song-Marshall, Chief of Staff; Joe Abley, Chief Technology Officer and Anand Vora, Vice President of Business Affairs. “The new hires, starting throughout March and April of 2019, will bring enhanced operational and technology …

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Minds + Machines starts 2019 with good results

Minds + Machines Group Limited (AIM: MMX) provided a company update today. Minds + Machines shared that 2019 has started well with domain registrations up 38% to 1.84m year-on-year with steady growth since the year-end 31 December 2018. Importantly, billings are up 129% year-on-year due to a combination of the first time ICM contribution and …

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Epic fail with trademarked .dev domain registered for $4,500 and Namecheap support!

I read this post on Namepros.com that really outlines many of the misconceptions in the domain name industry, the newbies, some people that thing they know what they are doing, the domain companies and the domain “professionals”! The post is titled “How to rid myself of a trademarked domain?” and is written by someone that …

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Neustar completes transition of India’s .IN ccTLD to Neustar’s registry

Neustar Data Infotech (India) Private Limited, a subsidiary of Neustar®, Inc. (“Neustar”), today completed the transition of India’s .IN country code Top-Level Domain (ccTLD) to Neustar’s Registry platform. A total of two million .IN domain names were successfully migrated to Neustar’s Registry infrastructure in India. Neustar was selected to be India’s new Registry services provider …

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