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Here's
the The Lowdown from
DN Journal,
updated daily to fill you in on the
latest buzz going around the domain name
industry.
The Lowdown is
compiled by DN Journal Editor & Publisher Ron
Jackson. |
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Rapidly
Growing Namecheap Reaches 10 Million Domain
Registrations - Now Ranks as World's 2nd Biggest
Retail Registrar
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Namecheap
Founder & CEO
Richard Kirkendall has had
quite a ride since founding his
domain registration company back in
2000. Since then Namecheap's
trajectory has been straight up,
leading to a huge new peak that was
reached this week when the company
passed 10 million domain
registrations, a figure that
establishes Namecheap as the second
largest retail registrar in the
world (behind only GoDaddy). Earlier
this year NameCheap was recognized
as one of America's fastest growing
companies when it was listed in the Inc.
5000.
For
those who have watched Kirkendall's
success with Namecheap over the
years, it is classic case of
something that couldn't have
happened to a nicer guy. In
addition to his business acumen,
Kirkendall is widely respected for the
way he has given back through his
support of non-profit organizations
that work to protect digital
privacy, free speech and innovation
and to expand the Internet's power
for good - the Electronic
Frontier Foundation and Fight
for the Future. He has
also been a major contributor to
charities like The
Water School.
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Richard
Kirkendall
Founder & CEO, NameCheap
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Kirkendall
founded Namecheap with a mission to
make building a website accessible
and affordable for everyone. Now, 18
years later, Namecheap is a
burgeoning technology company with a
diverse, growing portfolio of
products for web professionals,
small businesses, and independent
Internet users. Kirkendall said,
“I’m truly humbled that we have
reached this incredible milestone.
In under two decades, we’ve
managed to evolve from a startup
into a global company with more than
10 million domains under management,
millions of customers, and an
expanding portfolio of products,
including web hosting, EasyWP
managed WordPress hosting, and other
online services. Our customers
are at the center of everything we
do, and I’d like to say
thank you to them – and stay
tuned for more exciting news on the
horizon!”
Company
spokesman Derek Musso noted,
"Since its launch in 2000,
Namecheap has remained a private
company, and has grown consistently
and organically without Super
Bowl-sized marketing budgets.
Namecheap’s unique culture can
also be reflected in its long
history of fighting for Internet
freedom and Net Neutrality.
To date, Namecheap has raised almost
$500,000 to support Internet
freedom causes with its annual Move
Your Domain Day. With more
than 1,000 team members across 10
countries, and still growing,
the future is set to be very
exciting."
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Largest
New gTLD Domain Registry Operator Donuts Inc.
Acquired by Private Equity Firm Abry Partners
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Donuts
Inc., the
world's largest operator of new
gTLD domains with over 200
extensions in its portfolio
(including .live, .social and
.company to name just a few), announced
today that they have entered into an
agreement to be acquired by a
leading private equity firm, Abry
Partners. Terms and
timing of the agreement were not
disclosed.
Since
its founding in 1989, Abry has
completed more than $77 billion
of transactions, representing
investments in more than 650
properties. A former ICANN
CEO, Fadi Chehade, is among
the Abry Partners. Managing Partner Erik
Brooks said, “Donuts is
ideally positioned with the world’s
largest portfolio of new TLDs, a
proven team with deep experience in
scaling successful technology
companies, and a track record of
innovation in their industry. We are
excited to partner with Donuts and
support their next phase of growth
and success.”
Donuts President and CEO Bruce
Jaffe said, “We are delighted
to partner with Abry. Over the last
30 years, the firm has built a
stellar track record as one of the
premier media, communications,
business and information
services-focused private equity
investment firms in North America.
We believe their confidence in
Donuts underscores the power and
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Erik
Brooks
Managing Partner
Abry Partners
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magnitude
of our opportunity. Moreover, their
insights and expertise in our sector
will be of enormous benefit to
Donuts as we move forward.”
Prior
to being acquired Donuts has been
busy making acquisitions and
launching new services of their own.
In the last 18 months, they have
acquired Rightside, a
complementary registry with a
portfolio of 40 new TLDs and a
wholly-owned registrar subsidiary, Name.com;
launched BL.INK, a premier
enterprise short link management
platform used by leading brands
including Coca-Cola; added features
for registrars’ and resellers’
SMB customers and been ranked #1 in
the Deloitte Fast 500.
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Joe
Uddeme Makes It Rain Money as NameExperts.com
Closes $450,000 Sale of Rain.com
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(UPDATED*)
Veteran
domain broker
Joe Uddeme of NameExperts.com
really deserved his Labor Day break
this summer. Joe's hard work has
been especially fruitful over the
past couple of months during which
he has booked some very impressive
sales. We've learned the biggest of
those was a $450,000 sale of Rain.com
(the buyer also picked up Rain.net
for $50,000 through
NameExperts while they were at it).
This sale (to Seattle-based Rain
Automatics according to a report
at DomainGang.com)
was made under an installment plan
so we won't be able to chart
it until all payments have been
made, but it is obviously a
transaction worth noting. These
domains will give Rain Automatics a
significant upgrade from their
current URL - RainNet.com.
While
we will have to wait to chart the
Rain domains, Uddeme reported two
other recent six-figure sales that
NameExperts.com closed in the past
60 days - Hybrid.com
at $190,000 and Radian.com
at $125,000. Those will
appear on our weekly all
extension Top
20 Sales Chart
and our Year-to-Date
Top 100 Sales Chart when
our next sales report comes out Thursday
evening (September 6). That
report will actually include three
weeks of sales information
because there was no report the
past two
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Joe
Uddeme
NameExperts.com
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weeks
while I was away
covering a Hexonet
event in Vancouver,
Canada, followed by a
vacation cruise to Alaska. Our weekly
reports normally come out on
Wednesday evening but most U.S.
offices were closed Monday for the
Labor Day holiday, pushing our
production schedule back a day this
week.
*Details
on updated information: After
this story was first posted
September 4, Uddeme let us know he
made an error in reporting the
individual prices paid in the
half-million dollar deal for
Rain.com and Rain.net which were
originally shown as $475,000 and
$25,000 respectively. Those have
been updated. We also learned that
the domains are being paid for under
an installment agreement, something
Joe had already publicly
acknowledged but that I missed while
we were away on our cruise. The
original report said we would be
charting those sales this week but
that won't happen until all payments
have been made and the domains
transferred to the new owners which
is our policy on charting all
sales.
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Photos
and Highlights from the 2018 HEXONET Domain
Industry Cruise in Vancouver, Canada
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Hexonet
hosted their third annual Domain
Cruise Thursday night (August
23, 2018) in Vancouver, Canada
(the global registrar has offices in
both Vancouver and Homburg,
Germany).
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Having
heard so many good things about the
first two Hexonet cruises, my wife,
Diana, and I went for the first time
this year and the event far exceeded
the high expectations we already
had.
Above:
The Westin Bayshore Hotel overlooking
the adjacent marina where the
Hexonet cruise event began at 5:30pm
Thursday afternoon. Most of those
who came from out of town for the
cruise stayed there. Hexonet created
the cruise as a way to educate
regional business owners about the importance
of domain names and an Internet
presence to their enterprises. As a
result, well over half of the
attendees are local business
leaders rather than domain
industry insiders. Even so, the
success of the cruise has started
attracting people who travel thousands
of miles to be there as we did,
coming from Florida.
Below:
At 5:30 Hexonet cruise ticket
holders began boarding the tri-level
Pride of Vancouver for a
three-hour harbor cruise that has to
be one of the best entertainment,
educational and networking values
in North America. Tickets were just
$20 (Canadian), with all ticket
proceeds going to
the British
Columbia Children's Hospital
Foundation,
prompting over 160 people to get on
board.
Above:
Once on board, guests began
exploring the ship's three levels.
The first deck was set up for an
all-star domain industry panel
discussion that was a centerpiece of
the night. The middle deck was
filled with tables where guests
could enjoy their food and drinks
and talk while watching the
beautiful scenery go by. The open
air top deck, seen here, was the
most popular at the start of the
cruise because the city was blessed
with a beautiful evening for the
event.
Below:
The ship's dock is located on
Vancouver's scenic Coal Harbour
so within minutes of pulling up
anchor we had a great view of the
skyline and Canada Place
cruise port (the tented structure at
left) as our journey began.
Above:
Hexonet cruise guests enjoy the view
and conversation while passing under
the iconic Lions Gate Bridge,
one of Vancouver's most widely-known
landmarks.
Below:
While there were many new people to
meet from Vancouver's business
community there were also a lot of
familiar faces in the crowd
including NamesCon Marketing
and Events Director Terri Potratz
and Escrow.com General
Manager Jackson Elsegood.
Above:
As we got further away from shore a
wider swath of the ever growing Vancouver
skyline came into view.
Below:
After an hour and a half of
productive informal networking, it
was time for the cruise's sole
business session - one the featured eight
domain industry experts who
filled the crowd in on how to
navigate the world of domains,
website development, ecommerce and
other topics. They also questions
the audience members had. The session
began when Hexonet Chief
Marketing Officier Tony Kim, who
was one of the panelists, introduced
his fellow industry experts.
Above:
It was standing room only on
the first deck when Hexonet's
Tony Kim began introducing the
audience to his fellow panelists at
7pm.
Below:
In addition to Tony, the all-star
panel included (left to right)
Stacey King (Amazon Registry
Services), Chris Sheridan (Weebly),
Mariah Reilly (Donuts), Christopher
Campbell (Afilias), Kelly
Hardy (.ME Registry), Rick
Terry (.ORG, Public Interest
Registry) and Richard Lau (NamesCon
Founder).
Above:
Hexonet VP of Marketing Marie
Lanyon, who put the panel
together, also served as moderator
of the well-received session. Marie
joined Hexonet a little over a year
ago and has already supercharged
their outreach programs aimed at
expanding awareness of domain names
and their importance throughout the
regional business community and
beyond.
Below:
Snacks were continually served from
the time guests got on board until
the business session began. As soon
as it ended Hexonet rolled out a
table filled with sliders, sushi,
meatballs and other treats that
quickly drew a crowd.
Above:
As the sun sunk toward the horizon,
the ship entered one of Vancouver's
busiest strips of water - False
Creek - home of the popular Granville
Island Public Market.
Below:
Our boat was designed to provide
great vantage points from locations
throughout the vessel. This trio
found a perfect spot to sit and
watch the wonderful world of
Vancouver go by.
Above:
You have to love a town where even
the most mundane surfaces are often
given an eye-catching new look thanks
to the imagination of its artists.
These grain silos are a perfect
example.
Below:
One of the most entertaining aspects
of the cruise was watching the wide
variety of watercraft that
surrounded us on all sides. I'm used
to seeing this kind of paddle wheeler
on the Mississippi River but
wasn't expecting it in the Great
Northwest.
Above:
These colorful little Aquabus
water taxis crisscross False
Creek shuttling passengers from
one shore to the other.
Below:
With False Creek now in our
rear view mirror a racing shell
managed to keep pace with our boat
for several hundred meters before
peeling off. Not far behind him you
see one of the many standup
paddleboarders that were also on
the water Thursday evening.
Above:
On the way back to Coal Harbour
after sunset guests continue to
enjoy their conversations and the
cool outdoor air.
Below:
As we headed down the home stretch,
darkness has settled in and the
Vancouver skyline is lit up in a
brilliant array of colors, all
accented by the full moon seen over
one of the tent peaks at the Canada
Place pier for cruise
ships.
Above:
One of my favorite things in Vancouver
are the seaplanes that continually
take off from and land in Coal
Harbour. the Passing them
Thursday night as our boat pulled
back into the dock where we began
was one of the few times I saw them
stationary. I couldn't help noticing
they were beautiful even when not
flying.
Below:
Every few minutes during our stay in
Vancouver a seaplane would
fly by our balcony near the top of
the Westin Bayshore, making
it easy to snap photos like the one
below that I took shortly before the
cruise began. It is an appropriate
metaphor for the innovative Hexonet
cruise itself. The event
is flying high and reaching
greater altitude every year. As this
year's delightful cruise ended, one
of the last things I told our
friends at Hexonet was, "You're
going to need a bigger boat!"
In
closing I want to thank Hexonet for
being such gracious hosts. It was
not only a pleasure being back in
Vancouver, it was great getting to
better know CSO Robbie Birkner,
CMO Tony Kim, Marketing VP
Marie Lanyon (who I had just met
for the first time in January at
NamesCom) and other members of the
talented Hexonet team. They are
doing great work in building recognition
of domain names and explaining
their central role in online
success to the mainstream
business community - an effort that
benefits all of us who are part of
this extraordinary industry.
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Anchors
Aweigh! First Report from Vancouver Where
Hexonet's Domain Industry Cruise Launches
Tonight
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Popular
domain registrar HEXONET
will
be hosting a special cruise/charity
fund raising this evening that will
launch from Vancouver's
scenic Coal Harbour at
5:30pm.
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Above:
This morning's view of Coal
Harbour from our hotel balcony
in Vancouver, Canada where Hexonet
will be hosting their annual domain
industry cruise event this evening.
All proceeds from ticket sales will
go to the British
Columbia Children's Hospital
Foundation.
We
had heard so many great things about
previous editions of this event we
decided to come to Vancouver for
this year's cruise to experience it
in person (I will have photos and
highlights for you in this column
tomorrow). Over the past 15 years
we've covered dozens of domain
events around the world and while
the major conferences get the most
coverage we've found that some of
the most productive and enjoyable gatherings
are more intimate regional events
like this that allow you to spend
more quality time with each of your
fellow attendees. The cruise hasn't
even started yet and we've already
been able to do that thanks to a
dinner Hexonet hosted last night at
Vancouver's Blue Water Cafe
that featured many of the speakers
who will be heard from on the cruise
tonight.
Above
& below: Some of the Hexonet
cruise speakers and guests arrived
in town Wednesday, giving them a
chance to get together for a dinner
at the Blue Water Cafe in Vancouver
last night. It was a perfect prelude
to this evening's cruise that will
bring domain industry and regional
business leaders together for an
evening of networking in one of the
world's most beautiful settings. The
cruise will come with panoramic
views that sweep from the city
skyline to the mountain peaks that
provide a stunning backdrop to the
harbour.
Above:
The
best possible way to spend a
Wednesday evening - with great
company at a dinner hosted by Hexonet
at Vancouver's Blue Water Cafe.
Hexonet CSO Robert Birkner
(with his hand up at center),
Maketing VP Marie Lanyon (in
the foreground to my right), CMO Tony
Kim and Product Development VP Lucas
Vall were all there from Hexonet
along with guests from companies
including Donuts, PIR,
Weebly, Amazon Registry,
Afilias and .ME Registry.
Below:
Hexonet CSO Robert Birkner
welcomed guests to dinner and gave a
brief update on the latest
developments at the popular
registrar. We also heard from VP of
Marketing Marie Lanyon who
Birkner credited with supercharging
the company's outreach programs to
increase
awareness of the importance of
domains to every enterprise. Birkner
noted that more than half of the
attendees on tonight's cruise will
be business operators from outside
the domain industry itself.
This
evening's cruise will run from
5:30pm to 9pm. With limited space
available we're expecting a full
boat and an unforgettable
experience. If you will be onboard
we will look forward to seeing you.
If not I will look forward to
telling you about it in my next post
from Vancouver.
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MERGE!
Alert: Discount Room Rates End Friday -
More Sessions & Speakers Added to Show
Agenda
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With
the 2nd annual MERGE!
conference just over three
weeks away, event organizers have
issued a final reminder that
discounted hotel rooms for the September
14-19, 2018 event at the Hilton
Lake Buena Vista Hotel at
Disney Springs in Orlando,
Florida will disappear this
coming Friday (August 24). If
you want to go to the big show you
will save $75 a night by booking
now.
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Under
the special MERGE! rate that will be
expiring, rooms are just $149 a night
plus taxes (rather than $189 +
taxes) with no resort fee (as
opposed to the $35 daily fee that
will be added when the rates go up
Friday). There will also be a significant
self parking savings for MERGE!
attendees whose rate will be lowered
to $10 a day. This hotel and the
surrounding Disney Springs area is
in the middle of one of America's
most popular vacation/resort
destinations. We stayed there in
June to get an advance look at the
property and Disney Springs and came
away very impressed (photos and
highlights from that visit are here).
MERGE!
Co-Founders Ray Dillman Neu
& Jothan Frakes |
Since
our visit, conference
Co-Founders Jothan Frakes
and Ray Dillman Neu
have put together an exceptional
agenda and I
just received some updates
on that today. The line up
of speakers includes experts
from a wide variety of technology
disciplines and the the
world of domain names.
Some of the most recent
additions include (from the
Domain Industry): Jennifer
Gore (ICANN), Joe
Styler (GoDaddy)
and Dave Evanson
(Sedo). From the
Development, Blockchain and
Security fields: Paul
Vixie (Farsight), Chad
Bennett (Heroic),and Bianca
Diosdada (Quire). |
In
addition, the CMS Summit
track at MERGE! will have leaders
from Automattic, people from Wordcamp
Orlando and leaders from
Joomla, along hosting solutions
providers, developers and designers
who will be speaking and engaging
with attendees. Jothan Frakes noted,
"There will be many discussions
about blockchain solutions and where
they are good fits, where the
benefits are and how to 'dodge the
mirage' where blockchain hype
exists. Most importantly, how
the existing systems overlap with
centralized systems like domains and
DNS."
With
respect to domains, Frakes added,
"One key debate will be around
dispelling the myth of domains
becoming obsolete any time soon.
MERGE! will be fun, but also will
cover important current events and
issues like GDPR, the next new
gTLD round and UDRP.
Major brands and brand managers will
be discussing the perspective of
managing corporate brand portfolios.
Leadership from the Internet
Commerce Association, the Domain
Name Association, and the Brand
Registry Group will all be at
the conference.
All
told, MERGE! will feature more than
50 speakers and over 40 business
sessions. The show was designed to
brings together a carefully curated group
of conferences and open source
initiatives in one location. It
worked for them at the inaugural
show in 2017 and this
year the stage has been set for
something even bigger and better.
You can
register for the 2018 edition of
MERGE! here. If you are
coming we will look forward to
seeing you in Orlando!
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New
Verisign Report Reveals Total Domain
Registrations Worldwide Climbed to 340 Million
in 2Q-2018
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Verisign,
the administrator or the .com
and .net domain registries,
has released their latest quarterly Domain
Name Industry Brief
covering the 2nd quarter of 2018.
The company reported that worldwide
domain registrations across all
extensions reached approximately 339.8
million at the end of the
quarter. That is an increase of
approximately 6 million domains
since the end of 1Q-2018 (an
increase of 1.8%) and 7.9
million year over year (a
2.4% jump).
As of June 30, 2018, the .com
domain name base totaled approximately
135.6 million domain name registrations,
1.7 million more than the
previous quarter (a 1.3%
increase). Year over year that is
about 6.4 million more .com
registrations - a 5% rise.
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The .nets did not fare as
well. They stood at approximately 14.1
million registrations at the end
of 2Q-2018, about 300,000 down from
the previous quarter and
approximately 1 million down
from the same time a year ago (a loss
of 6.6%).
Total
new gTLD domain name
registrations were approximately 21.8
million at the end of the second
quarter of 2018, an increase
of approximately 1.6 million domain
name registrations, or 7.9%,
compared to the first quarter of
2018. However, that rebound came
after the new gTLDs had a massive
year over year loss of over 20% of
their total registrations at the end
of 1Q-2018. At the end of 2Q-2018
they were still below the same point
a year ago, but in that time frame
the loss (down about 2.5 million
names from the end of 2Q-2017) was
cut in half percentage wise to minus
10.4%.
Total
ccTLD domain name registrations were approximately
149.7 million at the end of the second quarter of 2018,
an increase of about 3.5 million domain name
registrations (up 2.4%), compared to the first quarter of
2018. ccTLDs increased by approximately 5.5 million domain name
registrations year over year, a 3.8%
rise.
Verisign publishes the Domain Name Industry Brief to provide internet users throughout the world with statistical and analytical research and data on the domain name industry. The second quarter 2018 Domain Name Industry Brief, as well as previous reports, can be obtained at
Verisign.com/DNIB.
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GGRG
2Q-2018 Report on Liquid Domain Sales Shows
China Slowdown Driving Drop in Median
Prices
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Domain
brokerage and consultancy
GGRG.com
has
released their latest free
quarterly report
breaking down aftermarket sales and
development of "liquid domain
names" in the 2nd quarter of
2018. GGRG defines liquid
domains as being very short .com
domains consisting of all letters
(L) or all numbers (N), as
well as 3-character (C) .coms
that have a combination of
letters and numbers. GGRG terms
these categories "liquid"
domains because they are relatively
easy to sell at prevailing market
rates.
In
recent years a very high demand for
these kinds of domains in China has
been pushing prices upward but with
a major slowdown there, that trend
has now reversed. In 2Q-2017
GGRG Founder Giuseppe Graziano
noted, "The median values of disclosed transactions
recorded very large decreases in almost all categories. This calls for caution in view of the early Q3 results which are indicating sharp valuation drops for Chinese premium
4Ls."
With
respect to total dollar volume, the
GGRG report noted, "Escrow.com recorded
$12 million in transactions, with the strongest categories being the 3Ls
($4.8M) and 4Ls ($4.3M). These values are in line with last quarter and signal a
notable growth in the 3Ls
category. ShortNames.com recorded
$5.4
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GGRG
Founder Giuseppe Graziano
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million in transactions, with the most traded categories being
3Ls, 4Ls, and 5Ns, respectively at
$1.4M, $1.6M and $1.3M. The
5th percentage values (a
measure of floor prices - the
lowest end of the price range for
each category) gave us mixed signals: on one hand 5Ns and 3Ls showed record increases
(+56% and +31%), on the other, 4Ls - the category which accounts for
75% of all liquid domains - dropped
13%."
Another
passage in the report indicated the inception of the
GDPR last May that brought
significant changes to the ownership
data that was still publicly
available likely affected their
domain ownership analysis . GGRG
noted, "For the first time, we recorded a drop in Chinese ownership, coupled with
a sharp decrease in the number of domains associated with European registrants (down to 4.6% from 7.4%). This could be easily explained by the new privacy rules
affecting European owners. The gainers were the "rest of the world" (+4%, from 7.7% to 11.7%), the N/A category and, in small measure, the US, which gained 1%.
China remains the largest owner of liquid domains with
165,000 domains associated with Chinese registrants."
Looking ahead, the GGRG report said,
"A significant decrease in the wholesale value of Chinese Premium domains
might signal that the tide is
shifting away from China and back to the
West. Chinese owners might start to
finally sell inventory. Once again, we expect Western investors and end users to focus on the most premium liquid domains when looking at buying opportunities:
specifically, acronyms with Western Premium letters and
Keyword domains. We retain our recommendation for investors to focus on quality over quantity."
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Photos
& Highlights from the 1st Edition of the
Indian Domain Summit in Kolkata, India
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The
rapidly growing
domain industry in India got
another shot in the arm Saturday,
August 11, 2018 when a new
conference, the Indian
Domain Summit, made its
debut at the Radisson Ballygunge
Kolkata Hotel in Kolkata.
The one-day event was co-organized
by Startup
Cafe and eSiksha.com.
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Indian
Domain Summit Co-Founder Deepak
Daftari (eSiksha.com) welcoming
attendees to the debut edition of
the event Saturday, August 11, 2018
in Kolkata, India. (Unless
noted otherwise, all photos is this
article are courtesy of the Indian
Domain Summit).
eSiksha
CEO Deepak Daftari, an
industry pioneer who is well-known
throughout the global domain
community, told us the original plan
was to hold a small gathering for
less than a dozen friends and
colleagues in Kolkata. However, as
word got out the numbers kept
growing until a full-fledged
conference blossomed before their
eyes. Despite the very short lead
time, Daftari said a capacity crowd
of 115 turned out with more than
half of those traveling from outside
Kolkata to attend the first major
industry event ever held in eastern
India.
Above:
View from the audience as the first Indian
Domain Summit
got underway Saturday morning,
August 11, 2018 in Kolkata.
Below:
In the first business session
Deepak Daftari conducted a
Fireside Chat
with the Head of ICANN
India, Samiran Gupta (right).
Above
& below: The morning sessions
continued with "Success
Stories From Kolkata", a
panel discussion (below) moderated
by Deepak Daftari that
featured successful local
entrepreneurs Abhishek Rungta
(center, Founder, Indus Net
Technologies) and (at right) Srish
Agarwal (Founder & CEO, A1
Future Technologies).
Above:
Indian Domain Summit was set
up to be an interactive event.
Audience members were encouraged to
ask any questions they had during
the business sessions throughout the
day.
Below:
The next morning session was "Success
Stories from the Domaining Industry."
It featured (left to right)
Moderator Arun Bansal (CEO,
ServerGuy), Nitin Agarwal (InformationTechnology.com),
Manish Lunja (BrandPros.com)
and Arvind Reddy
(100DollarDomains.com).
Above:
In the final session before the
lunch break Rohit Goyal (Founder,
SmeHelp.In) and Aishwin Vikhona (eWriting.com)
took the stage to share their "Outbound
Sales Stories and Domain Sales Case
Studies." With Rohit (left)
and Aishwin (center) is moderator
and Indian Domain Summit
Co-Founder Jay Paudyal (DomainKhan.com).
Above
& below: After the lunch break
attendees returned to their seats
for a full slate of afternoon
business sessions. Those began with
a discussion (below) about "Domain
Development, Domain as a Brand,
Finding the Right Exact Match
Domain." It featured (left
to right) Arun Bansal, Chetan
Varma (Founder, Elite Back
Office Solutions) and Om Thoke
(Founder and CEO, Webfosys Group).
Above:
In one of the most well-received
sessions of the day Varun Kumar
of Pashmina.com
(at podium) presented a talk on "Transition
of a Domain Name to a Successful
Business." Pashmina.com is
a sustainable company promoting
handcrafted accessories using pure
cashmere. Every piece is hand woven
& hand embroidered, bringing
livelihood to thousands of artisans
with fair-trade and ethical
practices.
Below:
In another highlight of the day, Neha
Gupta (Founder, Namaxis
Corporation) enthralled the audience
with her "Success Story of a
Female Domainer." After her
talk, conference co-organizer Mayur
Saparia presented Neha
with a memento of the Summit's
appreciation for her support of the
event.
Above:
After a break for coffee and tea, Deepak
Daftari returned to the stage to
conduct a Fireside Chat with
local Kolkata business star Sagar
Daryani (at left, CoFounder and
CEO, WowMomo Pvt. Ltd.) who shared
how he turned his company into a
multi-million dollar operation.
Below:
Next Deepak welcomed Alpesh
Shinde (Sr. Manager, Heading
Aftermarket & Premier Services
at GoDaddy India) to the stage where
the two of them conducted a session
on the "Domain Aftermarket
and Expired Domains."
Above
& below: The final business
session at the 1st edition of the
Indian Domain Summit was one of the
day's liveliest. Jay Paudyal
and Deepak Daftari dove head
first into "Domain Name
Appraisals." People always
want an opinion on what their
domains are worth so hands were up
in the audience throughout this
crowd-pleasing closing
session.
Above:
After Mayur Saparia took the
stage with his fellow conference
organizers for some closing notes
and to thank the audience for
coming, those still on hand at the
end of the busy day were invited to
gather for this group photo.
In the future, when people talk
about the 1st Indian Domain
Summit they will have proof they
were there!
Above
& below: As veteran domain
conference attendees know, the show
being over just means it's time
for the after-party to begin!
For the Indian Domain Summit
that meant reconvening at the
Hard Rock Cafe Kolkata to spend
the evening celebrating. Photos
courtesy of Arun Bansal.
Above
& below: ...but wait, there's
still more! When domain people
get together it is really hard
to get them to go home! On
Sunday, the day after the show,
Deepak Daftari organized a walk
around his hometown - Kolkata
- for a couple of dozen high energy
people apparently determined to turn
the Indian Domain Summit into
a marathon. Even though there
were showers that day they didn't
dampen anyone's spirits as witnessed
(below) by (left to right): Jay
Paudyal, Deepak Daftari, Manish
Lunja and Arun Bansal.
In
a closing note about the inaugural
edition of the Indian Domain Summit,
Deepak credited Jay Paudyal for
joining him in turning their initial
idea into a finished product with
invaluable help from fellow curators
Manish Lunja and Mayur
Sapiria. He was also especially
appreciative of GoDaddy's
support as the event's Principal
Sponsor. Deepak noted, "The
idea was to educate and grow the
community and present the new breed
of young successful domainers to the
wannabes as the ideal role model for
them to follow. Based on the
feedback and appreciation on various
social media platforms like WhatsApp
and Facebook, I think we created a
lot of value of them. We also wanted
to highlight the local (Kolkata
area) boys to show the young
domainers that there is never a
dearth of opportunities!"
|
|
|
.FUN
Reaches 100,000 Registrations But Developed
Domains Are What Radix Is Most Happy About
|
I
got a note
from Radix
Registry this week
letting me know that .FUN,
one of the nine new gTLD
extensions the company administers,
had crossed the 100,000
mark in total registrations. That is
an important milestone for any new
gTLD registry to reach but I've
never put a lot of emphasis on total
registration numbers because, if you
compare them to other TLDs, it's
like comparing apples to oranges.
Some
registries reach huge
registration numbers by selling
their domains for as low as a penny
apiece (or even free). Others, with
higher fees and a much lower number
of registrations, could easily be a
lot more profitable than those
with far more registrations. There
are over a
|
|
thousand
new
gTLDs now and dozens of different
approaches to pricing, with all
registries trying to come up with
the best balance to help their
extensions succeed.
While
total registrations paint an incomplete
picture, one measure of success
that just about everyone agrees on
is a high level of adoption by
end users. If people are
building websites and businesses on
a TLD that dramatically increases
public recognition for the
extension. That in turn persuades
more developers to adopt the TLD
creating an ever widening circle of
expansion.
|
New
gTLDs are less than five
years old (with many
younger, like .FUN that was
just re-lauched in April
2017), so they have just
started this cycle but
we've already seen instances
of how this can work from
TLDs that have been around
longer and followed the
development path to success.
One of the most prominent
has been .io, a once
little-known ccTLD
representing the British
Indian Ocean Territory,
that people in the tech
sector started adopting.
Others in that field and
others liked the way it
looked and sounded, so they
built on .io too. As a
result .io has grown into a
widely-known extension that
does well in both new
registrations (despite a
very high registration fee
compared to .com) and
aftermarket sales. |
That
is why the many examples of sites
that have be built on .FUN were what
really caught my eye in the
information I got from Radix. Those
included sites representing
industries like gaming, media,
entertainment, travel, technology
and others. There were also
blockchain startups (www.coin.fun
and www.lucky.fun)
and contextual domain-redirects
(such as Amazon’s www.prime.fun
and www.fire.fun)
that use .fun domains for brand
building and positioning.
Radix
originally acquired the
rights to .FUN in October
2016 from Oriental
Trading Company, a party
supplies brand owned by Warren
Buffett's Berkshire Hathaway.
Radix wanted the TLD for its
broad potential in the
lifestyle industry as well
as the media and
entertainment industry.
Radix's Swati Maheshwari told
me, ".FUN is one of the
few new TLDs that evoke a
primary human emotion giving
it broad appeal. The keyword
‘fun’ is also easily
understood even in
non-English speaking
geographies, giving it an
edge in the global market
for all things light-hearted
and leisurely." Radix
is practicing what they
preach, having incorporated
the concept themselves in a
game you can play at www.birdie.fun. |
|
Swati
said, "from apps to
comedians, corporate events to
luxury travel - a wide array of
business sectors are using .FUN in
exciting and fun ways," and she
went on to provide more examples of
websites that are sharing the .FUN:
1.
www.culture.fun
is based in Sunnyvale, California,
and helps its corporate clients
build a friendly and fun working
environment. It also offers to conceptualize
and execute corporate events,
parties, team building activities,
etc. Some of its clients include Adobe,
BuzzFeed, Amazon, etc.
2.
www.hello.fun
is a voice-chat app by Singapore
based Bigo Entertainment.
Through this app, users can create
free voice chat rooms and join other
groups that match their interest.
3.
www.tenerife.fun
is a luxury yacht rental service in Tenerife,
the largest of Spain’s Canary
Islands.
4.
www.ismo.fun
is the official website of Finnish
standup comedian, Ismo Leikola,
who made his U.S. debut in 2014 at
the Laugh Factory in Hollywood
where he won the title of The Funniest
Person in the World.
5.
www.manwalksintoabar.fun
is an an experiential travel company
that arranges island tours and pub
crawls for tourists in Madeira,
an archipelago comprising 4 islands
off the northwest coast of Africa.
6.
www.design-lab.fun
is the design portfolio of New York
based Ani Liu, an alumnus of Harvard
University Graduate School of Design
and Massachusetts Institute of
Technology Media Lab with
significant social media clout.
7.
www.gogo.fun
is owned by in-flight Internet
subscription service, Gogo Air
redirects to this Chicago based
service’s ‘buy before you fly’
page meant for individual
passengers.
8.
www.playlab.fun
is an American edu-tech startup
that promises to create unique and
engaging learning experiences for
children through Virtual Reality.
9.
www.eli.fun
is an Armenian business that
offers travel packages and boutique
experiences handpicked for couples,
families, kids, etc.
10. www.jumpingpandas.fun
is a fun plug-in from Radix
and 1&1.
When 1&1’s Volleyball team
went to the court recently, we got
together with them to create a
website for the team which is called
Jumping Pandas.
|
In
closing Swati noted, "It
has already been over a year
since .FUN was launched and
the TLD has seen a healthy
uptake thus-far with 36% registrations
coming in from the USA
and the rest from Europe,
Japan, Russia
and China. In
November 2017, .FUN received
its MIIT accreditation
which made it possible for
the TLD to make inroads into
the growing Chinese
business sector. As more
and more brands look to
connect with their customers
with a fun-filled,
light-hearted positioning,
.FUN will prove to be one of
the most promising nTLD for
businesses across sectors
and geographies." |
Swati
Maheshwari, Radix Registry |
|
|
|
Photos
& Highlights from the 2018 DomainX
Conference That Concluded Sunday in New Delhi,
India
|
The 2018
DomainX
conference concluded Sunday
(August 5) at the Hotel
Shangri-LA in New Delhi,
India. After opening with an
afternoon and evening of networking
|
|
on
Saturday the show shifted into
business mode Sunday with a full
slate of presentations and panel
discussions that ran from 10am to
6pm. We gathered some photos and
highlights posted by conference
organizers and attendees on Facebook
and Twitter throughout the day to
share with you.
Above:
DomainX 2018 began the day Sunday
with the traditional lamp lighting
ceremony initiated by ICANN's
India Head, Samiran Gupta (at
far left). Continuing to the right
are Dr. Ajay Data (Data.in), Brajesh
Jain (ISOC Delhi) and DomainX
Co-Founder Manmeet Pal Singh.
(photo credit: Amrita Choudhury).
|
Above:
Mr. Gupta also participated
in a special session on Internet
Governance. L to R
are moderator/DomainX
Co-Founder Gaurav Kohli,
Mr. Gupta, Dr.
Data and Mr. Jain
(photo credit: DomainX).
At
left: The morning continued
with a presentation on
current domain market trends
from DomainMagnate.com
Founder Michael Bereslavsky
(photo credit: DomainX).
Below:
Next up was a panel
discussion covering Web
Hosting and the Cloud
that featured Betrand
Yella (Servers_com),
Munesh Jadoun (ZNetLive)
and Ravish Gupta (WIPL).
(photo credit: Deepesh
Mishra). |
Below:
A view of the Domain X
audience from the stage
(photo credit: Kumar Amit).
Above:
Next to take the stage was
Anjali Wadwhani (LegalYaar)
with a well-received talk on Internet
Strategy. (photo
credit: Deepesh Mishra)
Below:
In the final session before
the Sunday lunch break, Dr.
Ajay Data (Data.in)
covered
Universal Acceptance, IDN
& EAI. (photo
credit: Deepesh Mishra)
Above:
After lunch attorney Rodney
D. Ryder kicked off the
afternoon session with Domain
Names & Web Hosting Legal
Case Studies. (photo
credit: Deepesh Mishra)
Below:
DomainX Co-Founder Manmeet
Pal Singh (at far right)
participated in two of the
panel discussions that
followed - one on New
gTLDs and another on
domain valuation titled Will
This Domain Sell? (photo
credit: Deepesh Mishra)
A
pair of individual
presentations completed the
final round of business
sessions at DomainX 2018.
Pardeep Goyal (Cash
Overflow) delivered a
Domain Name Sales Case Study
and Amrendra Mishra (Analyzed
Media) provided advice on How
to Sell Domain Names by Email
Marketing. The 5th
annual show officially closed
with the DomainX 2018 Awards
Ceremony and the GameX Super
6’s Awards.
DomainX
has played a major role in the
ongoing rapid growth of the
domain industry in India. If
you have an opportunity to
attend when the 2019 event
rolls around next summer I
think you will find your time
very well spent. |
|
|
|
First
Round of Speakers Named for New
DomainingAmericas Conference Coming to Brazil in
October
|
Back
in April
I told
you about a new
domain
conference - DomainingAmericas
- that is coming to Rio de
Janeiro, Brazil October 6 &
7, 2018. Since then show founder Abner
Duarte of PremiumDomains.com.br
has been busy putting the agenda
together and assembling an all-star
line-up of speakers for the event
that will be held at the five-star Grand
Hyatt Rio De Janiero. With
DomainingAmericas now just two
months away that process and other
final preparations are
accelerating.
Duarte,
a domain industry veteran who lives
in Boston but is a native of Brazil,
had this to say about why he wanted
to bring a major conference to his
homeland. "With more than 200
million people, Brazil is the
populous country in South America.
The most influential brands in
Brazil are technology companies
and as a domain investor, who's been
investing in the South American
domain market place for over two
decades the market place has significantly
grown over the last 20 years.
Investors, startups, registries,
registrars, registrants, hosting and
eCommerce companies have flocked
into the market, so the time is
right!"
|
Abner
Duarte
Domaining Americas Founder
|
|
To
make sure everything comes
together the way he envisions
it, Duarte just
brought veteran conference
producer Jodi Chamberlain
of 32Events
on board to handle event
logistics and speaker
co-ordination in the final run
up to the show. As many of our
readers know, Jodi was
Director of the first two NamesCon
conferences in Las Vegas and
has also helped produced many
other major conferences,
including T.R.A.F.F.I.C.
events and DomainingEurope
(now NamesCon Europe). Jodi
was just in touch today to
tell me about some of the
speakers that are now
confirmed for Domaining
Americas. They include:
Rubens
Kuhl (Product
Marketing Manager of Brazil's .BR
Registry ). The
.BR ccTLD is the world's 8th
largest ccTLDs in total
registrations. The .BR
Registry takes pride in
investing in innovative
actions and projects that help
improve and expand Internet
infrastructure in Brazil. |
Jodi
Chamberlain
32Events.com |
Alfredo
Pinochet (President
of LatinTLD).
LatinTLD is a Registrar/Agent that
focuses on the registration and
management of domain name portfolios
all across Latin America. Alfredo
will share information on
registration, renewals, transfers,
appraisals, buying, recovering and
various other insights within
the Latin - Caribbean market.
Daniel
Fink (Stakeholder
Engagement Sr Manager, Brazil for ICANN).
Daniel will educate guests on the
role ICANN plays and it important
impact on the expansion and
evolution of the Internet.
Jeff
Sass (Chief Marketing
Officer, .CLUB
Registry). Jeff is a
senior level digital media,
marketing and business development
executive with a rare mix of
creative & business
experience. Jeff will provide advice
on how to market domains both to the
South American market and globally.
Jeff is also the author of Everything
I Know about Business and Marketing,
I Learned from THE TOXIC AVENGER,
an entertaining and inspiring
business and marketing book that
presents real, practical business
and marketing tips.
Braden
Pollock (Founder,
LegalBrandMarketi
ng). Braden,
a veteran online
entrepreneur and domain
investor based in Los
Angeles, will serve as the
event moderator, a role he
has
excelled in at major
conferences around the world.
Braden's many credits
included ownership of ScienceFiction.com
as well as
membership on the Boards at Epik.com
and Benevolent.
Ms.
Chamberlain told us many
more speakers will be added
between now and the end of August.
She said, "Anyone who
is interested in becoming a
speaker at Domaining
Americas, can email [email protected].
We're currently reviewing
profiles and will accept
speaker requests until
September 1st, 2018."
Tickets
for Domaining Europe will be
available for $275 at
Eventbrite
until September 1, 2018.
Sponsors interested in
branding opportunities at the |
Braden
Pollock
DomainingAmericas Moderator |
|
|
|
HEXONET
Set to Host a Special Domain Industry Cruise
Event in Vancouver, Canada on August 23
|
Popular
domain registrar
HEXONET
will be hosting a special
evening cruise that will
launch from Vancouver's
scenic Coal Harbour on Thursday,
August 23, 2018. The cruise,
that will run from 5:30pm to 9:00pm,
will give guests a chance to celebrate
domains as well as support a
local charity. 100% of all
funds collected from ticket sales
will be donated to the British
Columbia Children's Hospital
Foundation, a charity HEXONET
regularly supports, and HEXONET
will match all funds raised!
You can read more about the
foundation here.
While surrounded
by panoramic views of the city
skyline and
|
Hexonet's 2018
Vancouver Cruise on
August 23, 2018
will give attendees breathtaking
views from mountains to sea.
Image from Bigstock
|
coastal
mountains, you’ll have an
opportunity to meet and connect
with international domain industry
members, HEXONET customers, and
local business leaders, all while
enjoying a selection of beverages
and tasty bites. Attendees can
look forward to a brief panel
discussion, followed by an evening
of networking and fun in one of the
most beautiful parts of the world.
HEXONET
reps tell us they have been having
an incredible year of facilitating
growth, connection, and education in
the domain space, and this exclusive
event is part of that effort. Tickets
for the event are just $20
(Canadian) but space will
obviously be limited so you
will want to get yours right away.
We
have heard a lot of great things
about previous editions of this
event so we will be heading out
to Vancouver to experience it
for ourselves and will of course
share the photos and highlights with
you in this column.
|
|
|
India
Has Back to Back Domain Conferences Coming Up
the First Two Weekends in August
|
Domain
investors
(or those interested in the field)
in India have a couple of
excellent educational and
networking opportunities coming
up next month. The first of those,
the 5th annual DomainX
conference, will be staged in the
nation's capital - New Delhi -
on August 4 & 5, 2018.
The following weekend the spotlight
will shift to Kolkata for a
new one day event on
Saturday, August 11 that is
simply titled Domain
Name Conference Kolkata.
|
Image
from Bigstock
|
|
|
The
DomainX event, to be
held at the Hotel
Shangri-LA in New
Delhi, will get
underway at 3pm
Saturday (August 4)
with show Co-Founder Manmeet
Pal Singh
presiding over |
a
two-hour session
devoted to domain name
case studies and
answering audience
questions. Saturday
evening will be
devoted entirely to
networking over dinner
and drinks.
A
full day of business
activities will follow
Sunday (August 5)
starting at 10am that
will feature a broad
range of expert speakers
including Samiran
Gupta (Head, ICANN
India), Michael
Bereslavsky
(Domain Magnate), Anjali
Wadhwani (LegalYaar),
attorney Rodney D.
Ryder, Pardeep
Goyal (Cash
Overflow) and Amrendra
Mishra (Analyzed
Media), to name just a
few. You can view the
full DomainX
agenda here
and also get a good
idea of what to expect
by checking out the photos
from last year's
event. You can get
tickets for the event here.
The
new Domain
Name
Conference
Kolkata at
the Radisson
Kolkata
Ballygunge
will get
underway at
9:30am on
Saturday,
August 11 and
continue to
5:30pm. This
event is being
produced by Startup
Cafe
Foundation
and they have
lined up an
impressive
roster of
speakers for a
first time
event as you
can see from
this list: |
|
•
Samiran Gupta
- Head, ICANN
India
• Arvind
Reddy -
Founder,
100DollarDomains.com
• Manish
Lunja -
Founder,
BrandPros.com
• Deepak
Daftari -
Founder,
eSiksha.com
• Neha
Gupta -
Founder,
Namaxis
Corporation
• Jay
Paudyal -
Founder,
DomainKhan.com
• Rohit
Goyal -
Founder,
SmeHelp.In
• Varun
Kumar -
Founder,
Pashmina.com
• Chetan
Varmadirector
- Founder,
Elite Back
Office
Solutions
Tickets
for this event
are as close
to free as you
are ever likely
to see for an
event with
this kind of
talent on hand
- just 200
rupees (about
$3 at the
current
exchange
rate). |
|
|
|
|
|
|
|
Neustar
Names New President and CEO - Charles Gottdiener
Succeeds Lisa Hook Who Will Remain on the Board
|
Neustar®,
Inc., a major provider of
domain registry and
real-time information services,
today announced that its Board of
Directors has appointed Charles
Gottdiener as President and Chief
Executive Officer, effective
immediately. Mr. Gottdiener, who
most recently was Chief Operating
Officer and Managing Director at
Providence Equity Partners, succeeds
Lisa Hook, who has served as President
and CEO and a
member of the Neustar Board of
Directors since 2010.
Ms. Hook will remain on the Board
and work closely with Mr. Gottdiener
to ensure a seamless transition.
Neustar's
announcement of the transition
noted, "Over
the course of his 30-year
career, Mr. Gottdiener has
established a track record of
leading information services
companies to drive innovation in
client solutions, increase revenue
and profitability, and scale
operations. In his role as COO at
Providence Equity Partners, Mr.
Gottdiener oversaw the firm’s
portfolio company operations,
business development, human
resources and other administrative
functions. In addition, Mr.
Gottdiener served as a Board member
or interim CEO of several Providence
|
Charles
Gottdiener
President & CEO
Neustar
|
portfolio
companies, where he focused on
driving enterprise value by building
a culture of operational excellence
and generating profitable growth."
Prior to his role at Providence, Mr.
Gottdiener spent seven years at Dun
& Bradstreet (D&B) in
multiple leadership roles, including
President of the global risk,
analytics and internet solutions
business. Over the course of his
D&B career Mr. Gottdiener
established a track record of
setting competitive business
strategies, building high performing
teams and launching new, innovative
products to drive profitable growth.
Prior
to joining Providence Equity
Partners and Dun & Bradstreet,
Mr. Gottdiener held several
leadership positions with the Boston
Consulting Group,
CSC Index,
Ernst
& Young Consulting and
Cap
Gemini Ernst & Young. Mr.
Gottdiener received a Master of
Business Administration from the
Wharton School of the University of
Pennsylvania and a Bachelor of Arts
from Grinnell
College.
Mr.
Gottdiener said, “I am thrilled
and honored to lead Neustar in this
exciting phase of the Company’s
growth. Neustar is unparalleled in
its ability to deliver real-time,
authoritative insights across
marketing, digital performance and
defense, as well as in risk, fraud
and compliance. I look forward to
working with the entire Neustar
team, our partners at Golden Gate
and GIC, and the Board to continue
building Neustar’s leadership in
the global information services
market and in the service of our
clients.”
Lisa
Hook
Neustar Board Member,
Former President and CEO |
Ms.
Hook said, “Neustar has
successfully completed the
transformation we began in 2011 to
become the leading provider of
identity resolution-based
information services. These efforts
have been supported by a fantastic
team with whom it has been both a
pleasure and an honor to work. Last
August, Golden Gate
Capital and
GIC
offered us a compelling opportunity
to further invest in our long-term
growth and operational flexibility,
and with Neustar positioned for
future success, now is the right
time for a leadership transition. I
look forward to working with Charlie
and continuing to serve on
Neustar’s Board.”
Bernhard
Nann, Chairman of the Board at
Neustar, said, “With vast
operational experience and a proven
ability to accelerate business
growth and drive profitability, we
are confident that Charlie is the
right leader for Neustar as the
Company provides increasing value to
our customers and a great place for
our employees to develop their
careers. His skills and
|
experience
in information services and
his track record of creating
a culture of operational
excellence make him well
suited to enhance and
execute on our vision at
Neustar. He will help drive
tremendous value for the
Company in the coming years.” |
Mr.
Nann continued, “Over the last 10
years, Lisa has been critical to
Neustar’s successful
transformation from a telecom
services business into an
information services provider, and
we are grateful for her service and
a smooth transition. We look forward
to continuing to benefit from her
tremendous expertise in her capacity
as Director.”
|
|
|
Ice.com
Changes Hands for $3.5 Million in 2018's Biggest
Publicly Reported Domain Sale to Date
|
Veteran
domain brokers Brian
Harbin from GritBrokerage.com
and David Clements from Brannans.com
have teamed up to close the biggest
publicly reported domain sale thus
far in 2018 - Ice.com at a
cool $3.5 million. That is
almost triple the amount paid for
the previous YTD leader, Super.com,
a name that sold for $1.2 million
in March.
Harbin
represented the seller and Clements
the buyer in a deal that was handled
by Escrow.com
and confirmed by Escrow.com General
Manager Jackson Elsegood.
While agreeing to allow the purchase
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Image
from Bigstock
|
price
to be revealed the buyer, who
reportedly has a plan in place to
develop the domain, has chosen to
remain anonymous for now.
On
Monday morning Harbin, Clements and
Elsegood all agreed to participate
in a private conference call to
answer questions about the sale with
the proviso that the information
shared would be under embargo until
9am this morning.
(Left
to right) Brian Harbin (Grit
Brokerage), David Clements (Brannans.com)
and
Jackson Elsegood (Escrow.com)
were all involved in closing the $3.5
million sale of Ice.com.
Harbin
told me he first met the buyer when
that person bought a domain Harbin
had listed for $2,500. After buying
a few other domains through Harbin's
Grit Brokerage in the same price
range, this person wound up calling
on Harbin to sell a domain for him
but this one was a blockbuster - Ice.com.
Harbin had done some previous deals
with Clements and contacted him
about this exciting new
listing. Clements happened to have
an acquaintance he had met at a
private event in his hometown,
Atlanta, that he thought might have
an interest in the domain. When
Clements presented the opportunity
to obtain the domain the buyer
jumped on it, agreeing to the full $3.5
million asking price. Working
with Escrow.com it then took them
barely a week to complete the
transaction which happened on July
6.
Ice.com
had previously been developed as an
ecommerce platform to sell jewelry
products but it became apparent to
the owner that the name itself was
worth more than the business. While
the new owner has development plans
of his own he is not ready to reveal
what the domain will be used for.
Whatever that may be, Clements
believes the buyer now has the
strongest possible foundation to
build on. "For less than the cost of a single, 30-second Super Bowl
ad we were able to acquire a powerful, single-word domain name with significant long-term value for our
client. Major enterprises are recognizing the value and competitive advantages these premium domains deliver.”
With
respect to the seller Harbin
said, “I’m enthusiastic that my client was able to fully monetize the digital asset they’d developed over 19 years – realizing significant gains over the previous sale price. I’m grateful and humbled to be part of a deal that was a win-win-win
for everyone involved. And I’m honored to be a small part of the initiative to advance the domain industry by educating consumers on the value of digital assets.”
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CentralNic
Acquires KeyDrive - Essentially Doubling in Size
Overnight
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CentralNic,
a UK-based public company that is
already an important player in domain
registry management and the
operation of retail registrars,
has just gotten considerably bigger.
The company's board of directors
announced today that they have
agreed to a deal that will allow
CentralNic to acquire the entire
share capital of
Luxembourg-based KeyDrive
S.A. and its
subsidiaries for an initial
consideration of $35.8 million
(a figure that includes combination
of cash and CentralNic stock
according to a report at ProactiveInvestors.co.uk)
plus a
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performance-based
earn-out of up to $10.5 million.
The acquisition represents a reverse
takeover under the AIM rules for
Companies and is conditional upon
shareholder approval.
|
KeyDrive
is a global technology business and
leading domain registrar that
manages nearly 6 million domain
names on behalf of companies,
resellers and individuals. They are
the parent company of several
registrars including Moniker.com
and DomainDiscount24.com, as
well as reseller portal RRP
Proxy.
CentralNic
CEO Ben Crawford said, “The
acquisition of KeyDrive is a
milestone for the company. On
completion, the enlarged group will
have doubled in size and will
have the technology platforms,
expert staff, vision and drive to
rival the industry’s traditional
leaders.”
Alex
Siffrin, the founder and CEO of
KeyDrive will become Chief Operating
Officer of the Company, and will
also be a significant shareholder.
Crawford said, “I am
personally excited to be welcoming
Alex to CentralNic. His experience,
shared values and standing within
the industry will be a tremendous
benefit to the group and a great
addition to the management team”
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NameSummit
Postponed - 2018 NYC Show Scheduled for August
Moves to New Dates in November
|
The
2nd annual
edition of the NameSummit
conference was scheduled to run
August 6-7 at the Westin Times
Square Hotel in New York City.
However, organizers have now decided
to move the 2018 event to November
5-6 at the same hotel in Manhattan.
Jason
Schaeffer, who co-founded
NameSummit with Steven Kaziyev,
filled me in on the change of plans.
"On May 31st Steve and I hosted
our first Real Estate Summit
in New York that covered everything
from short sale and mortgages to
blockchain for Real Estate and
online branding," Schaeffer
began. "Much of that one day
event covered branding on YouTube,
Twitter and Facebook
to
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domain
names and personal branding
for agents. The coverage had a
lot of crossover and connection to
what our speakers are teaching at
NameSummit. Given the feedback after
the event, we decided that we were
going to host another Real Estate
Summit in the fall."
NameSummit
Co-Founder Steven Kaziyev speaking
in New York City May 31, 2018 at the
Real Estate Summit he also
co-founded. Video
highlights from that event can be
seen here.
Schaffer
continued, "As we were
moving toward this year’s
NameSummit, the resounding
feedback from speakers and
sponsors was that we should
seriously consider doing a
fall event rather than the
August dates. While we
originally chose the August
dates to avoid possible
conflicts with other
industry conferences, in the
end doing an event in the
summer proved to be a big
challenge with everyone
wanting to take time for
vacation and generally slow
down. Given the
obvious connections between
Real Estate and Domain Names
and the fact that much of
our content for Real Estate
Summit related to digital
branding and monetizing
digital assets, we started
giving serious thought to combining
the two shows in the fall.
We started discussions with
the Westin a couple of
months ago and finally this
week obtained clearance to
do the new event on November
5 & 6th."
"We
are very excited for the
Fall show as NYC gives us
the opportunity to bring
the best in Real Estate and
Branding together so the
energy should be great and
the weather will be |
Jason
Schaeffer
NameSummit Co-Founder |
nice.
The Westin is accommodating
us too with a room rate that
is only $10 higher per night
than our Summer rate which
is pretty good for the high
season in Manhattan." |
A
scene from the first Real Estate
Summit in New York City May 31,
2018. This event will be
incorporated unto NameSummit
when NameSummit returns November
5-6, 2018.
Schaeffer
also noted, "Tickets will be
priced the same as before with a
$299 to $699 range and we will
be providing light breakfast and
lunch both days along with a party
on Monday night. We’ve
already spoken with some Registries
and they are excited about the
opportunity to connect with the real
estate industry to expand the
discussion on domains and new gTLDs.
In the end, the combined events
provide an even greater opportunity
for the domain industry to educate
and connect with those that are
going to buy and use domain names.
Our focus remains on helping
increase domain name usage and
helping people grow their online
presence, promote their brands and
properties in this changing
landscape."
Schaeffer said
the fall event will be covering,
among other things:
Influencer
Branding
Social
Media Branding
Geo-Domains
and Geo Targeting
SEO
and Digital Media Best
Practices
How
Blockchain is
Expanding
Opportunities for Real
Estate Investing |
New
gTLDs and Domain
Opportunities
Short
Sales and Mortgages
Personal
Branding and Coaching
Domain
Brokerage and Investing
Opportunities
Digital
Marketing for Agents and
Investors |
"With the combination of Real
Estate Summit and NameSummit, we can
help focus the conversation and
bring the real property and online
property worlds together. We are
looking forward to hosting our
domain industry friends in New York
City this fall," Schaeffer
concluded.
We
attended the first edition of the
NameSummit conference last year in
New York City. Photos and highlights
from our coverage can be seen here.
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Buckley
Media Group Closes $1 Million+ Deal for
Sleeping.com and Snoring.com
|
Buckley
Media Group (BMG)
has just closed a $1,004,450
sale of two closely related domain
names - Sleeping.com
and Snoring.com
- to US Expediters, the company that
operates CPAP.com.
At $502,225 each, BMG will
have two new entries in the top ten
of our YTD
Top 100 Domain Sales Chart
when the weekly update to that elite
list is posted Wednesday evening.
Buckley Media Group already occupies a top ten spot
with their $335,000 sale of
Inspection.com in February.
BMG
Founder & CEO Kate Buckley
noted, "Sleeping.com and
Snoring.com were registered by my
client, a private entity, in 1999.
He decided he was ready to liquidate
them to an end-user and retained my
services to do so. While multiple
companies across several industries
(from mattresses to healthcare)
expressed interest at a very high
level, US Expediters ultimately won
the domains in a highly competitive
bidding environment. They operate
CPAP.com so they clearly understand
and expertly leverage premium
domains, and were ready to
substantially invest in these
|
Kate
Buckley
Buckley Media Group
|
domain
assets. I look forward to seeing the
exponential impact that Sleeping.com
and Snoring.com will have on their
business.”
|
US
Expediters Founder and CEO,
Johnny Goodman, stated: “Cpap-pro.net
was the first domain our company
used to sell CPAP equipment. When we
purchased CPAP.com, it made an
immediate financial and brand impact
for us. From then on, we
understood the power of premium
domains. We were able to purchase
CPAP.com because we took the time
and effort to email the seller in
German when no one else did. That
was a great deal for us."
Goodman
added, “People search for the
keyword “sleeping” roughly 12
times as often as they search for
CPAP. We've often wished we could
list sleep-related products on
CPAP.com, but it hasn't always made
sense or been on brand. We like the
idea of a website that is your one
stop shop for anything and
everything relating to sleep. It
folds nicely into our mission and
the impact we want to have on the
world."
Ms.
Buckley said, “The bottom line to
me is that Johnny understands the
power of premium .COMs and how
to strategically leverage them. He
was the ideal acquirer for these
powerhouse domains. Premium domains
aren’t only lead generators but
they are also brand enhancers and
appreciating assets. All three lead
to higher company valuations. As a
business owner, finding these
qualities in the same asset is
incredibly rare. Johnny got
this in spades."
“I
worked with both buyer and
seller to negotiate terms
and facilitate a smooth and
elegant transaction which closed
in record time—seven
figures in 4 hours and 31
minutes via |
|
Escrow.com.
A special thank you to Manuel
and Jackson from
Escrow.com who put in the
extra time and personally
called me to congratulate me
on a 7-figure deal setting
a |
new
record for time closed. All
parties were a pleasure to
do business with, and I look
forward to US Expediters
putting these authoritative
ultra-premium .COMs to their
highest and best use,” Ms.
Buckley concluded. |
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Payoneer
Decides to Shut Down the Domain Escrow Service
They Launched Two Years Ago
|
For
the past two years
global payments service provider Payoneer
has been trying to expand its brand
by becoming a major player in the domain
escrow business. Despite earning
positive reviews from customers who
used their services, the company
apparently didn't reach the
financial goals they were aiming
for.
|
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Last
night I received an email from
Payoneer announcing they were
shutting down their domain escrow
service. It was signed simply
Matt Watts (with no title to
indicate what his role at the
company is). However, a quick check
at LinkedIn
showed Matt listed as Payoneer's Head of
Enterprise Strategy & Business
Development, starting this year.
Prior to 2018 he was Head of
Business Development, B2B
Services.
Two
other Payoneer executives, Scott
Reynolds and Brandon Abbey,
were the company representatives
most people in the domain world were
familiar with. Just this past
January they did a joint
presentation about Payoneer services
at NamesCon
in Las Vegas. After getting
the shutdown news from Watts I
learned that Reynolds (who had been
General Manager, B2B Services) had
left Payoneer in March to start his
own blockchain-related company, TangoTrade.
I haven't yet had a chance to
connect with Brandon (who served as
the highly regarded President of Escrow.com
before joining Payoneer where he has
been the Director of Strategic
Accounts) to see what is next for
him (either in a different role at
Payoneer or a new one that would
hopefully keep him in our
industry where he has been a leader
since 2004).
In
January 2018 Director of Strategic
Accounts Brandon Abbey (left)
and the company's GM for B2B
Services, Scott Reynolds,
detailing Payoneer's domain escrow
services in a presentation at
NamesCon in Las Vegas.
Here
is the full text of Matt Watts's
email announcing Payoneer's exit
from the domain escrow space:
"It’s
with sincere apologies that I’m
sharing news that Payoneer is
discontinuing our escrow business.
While we have been excited and
honored to service prospects and
partners like yourself, after
careful review of our product
portfolio have decided to commit our
focus to other areas of the Payoneer
business.
If
we can be of help to successfully
transition our relationship to other
Payoneer products that might support
your business, please let us know.
We offer a variety of money transfer
services such as mass payouts,
virtual bank accounts, invoicing
with credit card and bank transfer
payments, and other products, and
would be happy to support
exploration of our services.
We
know the transition for some may not
be easy, but we are here to lend
guidance and flexibility where
possible. Thank you for your
business to this point and
understanding of our situation.
We’ve appreciated all you’ve
done in partnership with Payoneer."
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Did
the Crypto.com Buyer Pay $12 Million? - Best
WIPO Panelist Identified - .LLC Enters Landrush
|
On
Friday I passed
along the
news that Crypto.com
had been sold to Monaco for
an undisclosed price (but one almost
universally believed to have been multiple
millions of dollars). While
Monaco and seller Matt Blaze
have both been mum on that point, Elliot
Silver at DomainInvesting.com
came across a post
by Cheddar.com reporter Tanaya
Macheel this morning that stated
the news organization had learned
from an anonymous source close to
the transaction that the price was $12
million. There has not yet been
any public confirmation of that
number from anyone involved in the
sale though.
|
Image
from Bigstock
|
With
respect to speculation that Blaze
may have gotten both cash and equity
in the deal, Blaze posted on his
blog over the weekend
that he did not get any financial
stake in Monaco as part of the
deal.
Howard
Neu
NeusNews.com |
In
other news, domain owners
who have had to defend their
ownership rights in UDRP
disputes have long felt the
deck was stacked against
them - especially in cases
involving a single panelist
who may have a long record
of siding with complainants.
in an attempt to even the
playing field, many
respondents pay more to get
a three-person panel. On his
blog at NeusNews.com,
veteran domain attorney Howard
Neu has been issuing
semi-annual reports
identifying which WIPO
panelists in 3-panelist
cases most often sided
with the Respondent by
finding there was an attempt
at Reverse Domain Name
Hijacking or abuse of
process by the
Complainant.
Howard
just released his latest
report today,
one that found John Swinson
was the best panelist for
respondents in the first
half of 2018. Check out the
full report for the details
as well as other names of
panelists who most often
gave domain owners a fair
shake. |
|
Elsewhere,
the new .LLC
gTLD opened its
landrush today with General
Availability set
to begin July 23,
2018. The roll
out is being handled
by one of the
biggest domain
registry operators, Afilias.
A company press
release noted,
"With the
introduction of
.LLC, Limited
Liability Companies
will now be able to
establish Internet
identities which are
more closely aligned
with their existing
identities and
branding, rather
than modifying their
name or brand to
adapt to limited
choices in more
crowded TLDs. .LLC
registration is open
to anyone; no
need to wait till
the paperwork is
filed. Future
LLC owners can use
their new domains to
attract investors,
develop new websites
to win support or
announce planned
businesses and begin
marketing efforts to
win business and
support their
missions as they
apply to become an
LLC." |
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Never
Say Never! Crypto.com Owner Decides to Sell
After All - Multi-Million $ Domain Goes to
Monaco
|
Never
say never!
Less
than 3 months ago we
told you about how Crypto.com
owner Matt Blaze had gotten
so tired of getting unsolicited
offers for his extraordinarily
valuable domain he declared the name
was not for sale at any price
and people should just stop trying
to change his mind. Blaze, a
professor at the University of
Pennsylvania, had also made it
clear that he was especially not
interested in seeing anyone use the
name for cryptocurrency
purposes, having once stated,
"many cryptocurrencies are scams,
and I strongly advise against their
use as investment vehicles."
What
a difference 90 days - and a
presumably gargantuan payday - can
make. TechCrunch
reported today that Monaco,
a company that plans to issue a crypto
Visa Card, had acquired
Crypto.com from Blaze for an undisclosed
price. With the purchase of
Crypto.com Monaco is also rebranding
itself as
|
Former
Crypto.com Owner Matt Blaze
(Photo from Twitter)
|
MCO
to match the name of the
cryptocurrency it issues. News of
the transaction triggered rampant
speculation as to what the selling
price was with the most common guess
appearing to fall in the $5-$10
million range. Others, pointing
to Blaze's reluctance to sell, think
it took more than that to get the
deal done.
|
|
Image
from Bigstock |
Blaze
has not commented on the
transaction and Monaco CEO Kris
Marszalek would only
tell TechCrunch "If it
was only about money he’d
have sold it a long time
ago," suggesting Blaze
decided that Monaco was the
right home for the name he
has owned since registering
it in 1993. Some believe
that statement may also
indicate that Blaze had
gotten some equity as well
as cash in the deal.
Whatever
the financial arrangements
were it appears Monaco can
easily afford the acquisition.
TechCrunch reported,
"Monaco’s ICO
finished in June 2017 with
the company |
raising
what
was then worth $25 million
in crypto. Fast forward to
today and Marszalek
said the firm has close to
$200 million on its balance
sheet thanks to a surge
in the valuation of
cryptocurrencies." |
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Photos
& Highlights from the 2018 NamesCon China
Conference in Shanghai
|
The
2018 NamesCon
China conference
was held in Shanghai
in conjunction with its sister Cloudfest
China conference June 27-29 at
the Yuluxe
Sheshan (a Tribute Portfolio
Hotel). The
event began with Digicert's
Welcome Party Wednesday evening and
was followed by two full days of
business Thursday and Friday. Our
friend, veteran international domain
broker
|
|
George
Hong was on hand for the show
that his company, Guta.com,
helped sponsor and George was kind
enough to send us some photos and
highlights from the event so we
could share them with you.
Above
& in the 3 photos below: Scenes
from the 2018 Coudfest/NamesCon
China
Welcome Party hosted by Digicert
Wednesday evening, June 27 in Shanghai.
|
Above:
The next two days, Thursday
and Friday, June 28 &
29, gave attendees a chance
to benefit from a wide variety
of presentations, panel
discussions and networking
opportunities.
At
left: Peng Wang from
Ali Cloud Domain got
things started Thursday
morning with a report on domain
name industry development.
Below:
In another popular session
Thursday Jian Zhang
from Baidu Cloud
presented an
Exploration of ABC
(AI, BigData and Cloud
Computing in the
Digital Era at Baidu. |
Above:
The wide ranging panel discussions
at NamesCon China 2018
included this one moderated by Jun
Yang of West.cn (at far left)
that covered the current state of New
gTLDs. China has become the
best market for some of the new
extensions that have been licensed
to operate there.
Below:
The final panel discussion Thursday
focused on how to make
Successful Domain Transactions.
It featured (left to right): Host Yue
Feng from Newg.tv, George
Hong (Guta.com), Peibi Wang,
Giuseppe Graziano (GGRG.com),
Xiaochun Deng (YuMing.com)
and Jim Wang (Goddady).
During
this one-hour discussion the
panelists covered end user domain
sales, the type of names end users
are buying, the potential impact of
New GLTDs on the domain industry if
ICANN opens another round of new
GLTD applications, the difference in
how mainstream domaining is viewed
by participants in China and the
West and the future value and sales
cycle of domain names.
There
were many more business
sessions throughout the day
as well as a global online
domain auction on
Friday.
At
right & below: In
between seminars and during
afternoon tea breaks,
attendees visited the Exhibition
Hall to get information
from service providers like
domain brokerage Guta.com
(at right) or enjoy some
game and entertainment
provided by companies like
the .CLUB registry. |
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Above:
The purple men from .XYZ
were also a big draw in the Exhibition
Hall where they took on TrustAsia
in some Superhero cosplay.
At
left: After a busy day of
conference activities,
attendees re-fueled Thursday
evening at a VIP Dinner
Party hosted by Cloudfest
China and NamesCon
China.
June
wound up being a busy month
for NamesCon as the China
show came less than three
weeks after their first
NamesCon Europe conference
in Valencia, Spain.
Events like these have made
it possible for domain |
industry
participants to build business
relationships and
personal friendships around
the globe.
That is something that I've
always believed makes this one
of the best of all worlds for
Internet entrepreneurs. |
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If
you've been out of the loop lately, catch up in the Lowdown
Archive!
|
We need your help to keep giving domainers The
Lowdown, so please email [email protected]
with any interesting information you might have. If possible,
include the source of your information so we can check it out (for
example a URL if you read it in a forum or on a site
elsewhere).
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