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The
Lowdown
November
2017 Archive |
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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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With
2018 Show Two Months Away NamesCon Offers Cyber
Monday Discount and Agenda Update for Las Vegas
Event
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The
2018 NamesCon
Global conference
opens exactly two months from
tomorrow (January 28, 2018
at the Tropicana Hotel in Las
Vegas). This being Cyber
Monday NamesCon stepped up with
a half
price ticket offer, good
until the end of the day tomorrow
(Tuesday, November 28) that slashes
the standard ticket price from $799
to $399.50.
A
couple of weeks ago I published some
of the initial
information on the
conference agenda. Over the just
completed Thanksgiving holiday
weekend I got an update from
NamesCon Global Production team
member Shallom Johnson with
more details about what they have in
store for the event that will run
January 28-31.
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Shallom
wrote, "Attendee surveys have
provided us with invaluable
feedback, so we’ve taken the
opportunity to try out some new
ideas and refine what we knew
was already working well."
To give us some specific examples,
she noted plans for six different
aspects of the conference:
1. Streamlined Agenda:
Attendees rank networking as
a prime objective at NamesCon, so
this year we trimmed down the agenda
in order to give our guests lots of
time to connect with one another. We
set a new focus on booking TED-style
presentations in the keynote hall,
panels on the breakout stage, and
interactive sessions in the workshop
room - keeping all of our content
top-notch to make sure that you’re
getting the most out of each session
you attend.
Even
before the 2017 edition of NamesCon
Global got underway last January,
attendees were busy networking in
the registration area.
2.
VIP Passes: This is the first year that NamesCon will offer a
VIP program. VIP pass holders may use the VIP Lounge for a more exclusive space to meet, work, and connect. VIP tickets include a champagne lounge on our opening evening, a daily coffee & lunch spread, Q&A sessions over the lunch hour with some of our keynote speakers, plus preferred seating and access in session rooms and at events.
3. WaterNight: WaterNight will always be dedicated to raising money for
WaterSchool’s efforts to provide clean drinking water and sanitation education in Uganda. This year, we’re raising the bar and transforming this event into a
red carpet gala held on Monday evening. WaterNight will feature a seated dinner, silent and live auctions for some amazing prizes, and live performances from a Vegas lounge band and celebrity magician
Justin Willman! Table or seat reservations must be made in advance.
4. Tool Talks: With our newly streamlined agenda, we wanted to make sure that we provided a space for our partners to share the products, services and tools that are most relevant to the industry. These speed sessions will be 20-minutes in length and run for the full afternoon of Sunday January 29th on the breakout stage, a perfect introduction for newcomers to NamesCon.
One
of the popular business sessions
that packed
meeting rooms at NamesCon Global
2017 last January.
5.
Startup Alley: These plug-and-play kiosks are perfect for SMBs or startups to have a presence at NamesCon without breaking the budget, or tying themselves down to a booth for the entire show. We’ll be hosting two dedicated networking happy hours for Startup Alley to drive a boost in foot traffic. Interested in booking? A few spots are still available, email "terri at namescon.com" to enquire.
6.
Closing Party and Brunch: With WaterNight on Monday evening, we’ve now scheduled our big blow-out party for Tuesday night. The executive roundtable keynote the following day, scheduled a little later than usual at 11am and served with a breakfast buffet. Have a last cycle through the exhibit hall before it closes at 2pm!
A
scene from the official NamesCon
party at the 2017 conference last
January.
This will be the
5th annual NamesCon Global conference in Las Vegas and for the 5th consecutive year we will be there to cover it all for you or, better yet, see you there in person!
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Image
from Bigstock
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America
celebrates one off its biggest
holidays Thursday (November
23) - Thanksgiving
Day. Wikipedia tells us,
"Thanksgiving has been
celebrated nationally on and off
since 1789, after Congress
requested a proclamation by George
Washington. It has been
celebrated as a federal holiday
every year since 1863, when,
during the American Civil War,
President Abraham Lincoln
proclaimed a national day of
"Thanksgiving and Praise to our
beneficent Father who dwelleth in
the Heavens," to be celebrated
on the last Thursday in
November."
For
millions of Americans Thanksgiving
has become a time to gather with
family, often for several days,
for a celebration capped by a huge Thanksgiving
Day feast and thoughts of the many
things we have to be thankful for.
That's what we will be doing Wednesday
through Friday this week. We
hope you and your family have a
wonderful holiday as well and want
you to know that one of the things
we are most thankful for is
the support and encouragement we
have received from you and
our readers around the world for the
past 15 years. Happy
Thanksgiving!
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(Posted
November 22, 2017) |
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Internet
Commerce Association Expands Role of Interim
General Counsel Zak Muscovitch
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Earlier
this month
I told
you about the Internet
Commerce Association's
original General Counsel, Phil
Corwin, leaving that role after
11 years on the job. Three days
later we learned the
opportunity Phil left
for was a position as Policy Counsel
for industry giant Verisign
(the operator of the .com and
.net registries). At that
time the ICA also announced that
veteran domain industry attorney and
ICA Board Member Zak Muscovitch
had agreed to take on Phil's duties
on a temporary, volunteer basis.
Today, the ICA announced the
non-profit organization that fights
to protect domain registrant's
rights had persuaded Muscovitch to
take on a larger role, serving as
Interim General Counsel for six
months in a paid part-time
arrangement that will also allow him
to continue his successful private
practice. Zak will resign from his
board position to take on his newly
expanded duties.
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Zak
Muscovitch
ICA Interim General Counsel
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Kamila
Sekiewicz
ICA Executive Director |
The
reasoning behind this
move was explained to ICA
members in a letter
sent out by Executive
Director Kamila
Sekiewicz today. She
wrote, "With the
departure of Phil
Corwin, the General
Counsel position is vacant
for the first time
in the 11-year history
of the ICA. The Board
intends to use the
transition to a new
General Counsel to
determine how the
position can be
restructured to best
support progress on ICA
priorities, in
particular the review of
the UDRP commencing
next year. The Board
will use the next
six-months to assess the
skill set and
experience required
for the position going
forward. The Board
expects that the review
of the General Counsel
position will require
discussion and
experimentation to come
up with the right
balance and use of the
ICA’s resources. At
the conclusion of the
interim term, the Board
will determine how to
fill this position on an
indefinite and ongoing
basis."
Kamila
added, "Since the
ICA has a full slate of
pressing and time
consuming matters to
attend to immediately
that requires the
attention of a General
Counsel and cannot be
discharged in |
a
very limited, voluntary
capacity. Zak has
helped lead the ICA as a
Board member and is
highly experienced in
the key policy matters
before the ICA. The
Board is grateful that
he is able to step in
immediately to provide a
steady hand during this
interim period. Please
join us in welcoming Zak
to his new interim role!" |
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Radix
Excited About Attention New Companies Built on
Their TLDs Received at Web Summit 2017
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The
massive 2017 Web Summit
conference concluded earlier this
month with some 60,000
attendees from 170 countries
converging in Lisbon, Portugal
for the event. Radix
Registry was one of the
several domain industry companies
that participated in Web Summit and
they were kind enough to share some
photos and details from their
experience at the big show.
Radix,
who operates one the largest
portfolios of new gTLD domain registries, told us their Startup
League program supported
over 50 startups on its domain
extensions at Web Summit. As I have written
about before, in an
initiative designed to encourage new
companies to adopt Radix TLDs,
Startup League offers select ones a
comprehensive go-to-market
package that includes up to 100%
sponsorship discount on exhibit
booth fees, branded merchandise,
media coverage and exposure to
investors and industry influencers.
Over
500 startups from around the world
had
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applied
to exhibit at Web Summit with the
support of the Startup League. Of those,
over 50 startups were chosen and one
of them, WATR.TECH
from the United Kingdom, was
ranked among the top 3 finalists
at the event’s coveted PITCH
competition that had over
1,000 applicants.
Tanisha
Gupta (center) welcoming
visitors to the Startup League
booth at Web Summit.
Radix
reported this was the
first time an event as
big as Web Summit had
over 50 startups
on |
Suman
Das
Startup League Brand
Manager |
new
gTLDs coming together
for an exhibit to such
a massive audience -
one that included over
2,000 startups, more than
1,000 investors and
over 1,200 speakers
including former U.S.
Vice President Al
Gore, the former
President of France,
Francois Hollande,
who is now Chairman of
Generation Investment
Management, and Margrethe
Vestager, the
European Commissioner
for Competition who
recently slapped
a bill of $2.7B on
Google on antitrust
issues.
As
you would expect,
Radix was especially
excited about being
able to give their new
gTLDs such large scale
visibility. Startup
League Brand Manager Suman
Das said,
“Startups at Web
Summit showed great
interest in Radix’s
9 domain extensions,
with some of them
having switched over
from a legacy TLD or a
ccTLD to a .TECH or
.ONLINE. This helped
them amplify their
virtual brand with a
more impactful and
meaningful domain
name.” |
Some
of the startups founded on new
gTLDs that Radix cited for
gaining significant traction
at Web Summit are noted in the
table below:
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Silvia
and Francisco from
Pavext.tech at The
Startup League's Web
Summit booth. |
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Brad
Pfeffer, CEO, of another
exhibiting startup, animall.online,
said “Events like Web Summit
are crucial for
startup-success. However, the
logistics involved in making
it happen are overwhelming.
With Startup League’s
backing, the entire process
was managed smoothly. They
provided us with sponsorship
funds, marketing collateral
and ensured that our presence
at the event was an enormous
success. Startup League’s
guidance at every stage was
priceless.”
Suman
Das added, “We are excited
to amplify the program
further in 2018; not just
by onboarding more startups on
new TLDs but also by enhancing
the experience of our existing
startups through additional
benefits. Moreover, we will be
creating a robust platform for
them to interact with each
other as well as with our
partners and mentors.” |
The
team from MarketingMadheads.online
used their unique
fashion sense to draw
attention at Web
Summit 2017! |
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GGRG's
Latest Report on Liquid Domain Sales Finds $
Volume Up at Escrow.com But Down in Publicly
Reported Sales
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Domain
brokerage and consultancy GGRG.com
has
released their latest free
quarterly report (.PDF
file) breaking down aftermarket
sales and development of
"liquid domain names."
GGRG defines those 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
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combination of
letters and numbers. GGRG terms
these categories "liquid"
domains because they are relatively
easy to sell at prevailing market
rates.
GGRG
Founder Giuseppe Graziano |
GGRG's
latest report, produced by
Founder Giuseppe Graziano
in conjunction with Escrow.com,
Intelium.com
and ShortNames.com,
covers results from the 3rd
quarter of 2017.
Regarding that period GGRG
wrote, "Q3 presented the lowest
turnover rate (the percentage of the
entire liquid domain name category that is bought or sold in markets
during this quarter) in disclosed sales ever seen at
0.56%. This might be due to a few factors, including the seasonality (summer months are typically slower) and reduced investor activity. The aggregate value of disclosed transactions
(publicly reported sales) went
down 58% from $12.9
million to $5.4
million."
GGRG
found that the disclosed sales volume
differed from the results
reported by Escrow.com
(who does not make
individual domain sale
prices public but does share
total dollar volume). At
Escrow.com $ volume, increased
significantly for 3Ls, 4Ls
and 5Ns, as a consequence of
large end user sales or |
unreported portfolio transactions in these categories. According to
Escrow.com, the most traded category this quarter were the
3Cs category, with
$8.6 million of the $24.4
million in sales
registered for the entire
liquid domains category. |
GGRG
added. "The 5th percentile values
(a representation of a reasonable category
price
floor in any given time period) continued to
go down across the board, with 3Ls losing
12.94%; 5Ns losing 12.28%; and 4Ls
stable at -1.67%. The notable exception were again the 3Cs, which presented a
+25.91% increase."
The
report also includes data on the percentage of
liquid domain names held in
individual countries/regions, the
percentage of them that are
developed and other statistics, as
well at the firm's forecast
for the category in the months
ahead.
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Deloitte
Loves Donuts - Names New gTLD Giant North
America's Fastest Growing Tech Company
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Business
consulting giant Deloitte
issues an annual Technology Fast
500 list ranking North America's
fastest growing technology,
media, telecommunications, life
sciences and energy tech companies.
Their official 2017
Technology Fast 500,
released November 9th, has a familiar
name in the top spot - Donuts
Inc.,
the world's biggest new
gTLD
domain
registry operator.
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The
rankings are based on each company's
rate of growth over three year
between 2013 and 2016. Donuts, who
is based in the Seattle suburb of
Kirkland, Washington, posted an eye
popping number of more than
59,000% to outdistance two
software companies, New York based
runner-up Class Pass and
Boston based #3 finisher Toast.
(L
to R) Donuts CFO David
Rostov, Co-Founder Paul
Stahura and President and
CEO Bruce Jaffe
celebrating
the company's #1 ranking
on the Deloitte 2017
Technology Fast 500 list. |
Upon
getting the good news Donuts
President and CEO Bruce
Jaffe cited "growing
global demand for more
descriptive, meaningful domain
names and the company's strong
business execution for
powering its rapid revenue
growth."
Jaffe
added, "Donuts has the
world's largest portfolio of
new domain names, which range
from .CAREERS, .SOCIAL, .LIVE,
.NEWS, and over 200 more.
Individuals and organizations
have recognized the power of
new domains in promoting their
brands online - for their
primary and ancillary
websites, for their social and
ecommerce platforms, and for
their online advertising and
marketing. From TMobile.careers,
to Home.credit, to FullMeasure.news,
to Lifetime.life -
businesses of all sizes and
types are embracing new
domains to connect more
effectively with their target
audiences. We expect
that |
Donuts'
Fast 500 achievement will
help to further accelerate
worldwide adoption of new
domains." |
Deloitte
Vice Chairman Sandra Shirai added,
"The Deloitte 2017 North
America Technology Fast 500
winners illustrate the impact of
technological innovation and
world-class customer service in
driving growth, in a fiercely
competitive environment. These
companies are on the cutting edge
and are transforming the way we do
business. We extend our sincere
congratulations to all the winners
for achieving remarkable growth
while delivering new services and
experiences for their
customers."
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NamesCon
Releases Las Vegas Agenda - Veterans Offered 2
for 1 Tickets - Early Birds Also Get a Deal on Annual ICA Dinner
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The
2018 NamesCon
Global
conference
is just 11 weeks away with
the 5th annual event set to return
to the Tropicana Hotel in Las
Vegas January 28-31. The show
agenda has now been
posted and there are several
interesting changes from past years
that you will want to check out.
Those include a special Tool
Talks track on opening day
(Sunday, Jan. 28), running from noon
to 5pm, that will feature an
afternoon of fast-paced tool
demos, taking place in 20-minute
increments. Those will give
attendees an opportunity to learn
about products, services and
techniques that can improve their
business. At the same time a variety
of other business sessions will be
going on in other meeting rooms.
NamesCon's multi-track format will
give you similar options throughout
the week.
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The
annual Women in Domaining Dinner
also moves to opening day with that
event scheduled to run from 5 to
7pm in the new Robert Irvine
Public House off the Tropicana
casino. You can count on great
conversation, wine, and dinner and
thanks to its generous event
sponsors, there will be no charge
for the dinner, however an RSVP
is requested as space is
limited. NamesCon's famous Opening
Night Reception for all
attendees will follow from 7-11pm
in the Keynote Hall.
There
will be social events every evening.
The annual Water Night Charity
Gala becomes a black tie affair
and gets an earlier start - 6:30pm
Monday evening (Jan. 29).
That will also allow an earlier
finish (10:30pm). In the past the
event could run past 1 in the
morning which made it hard to get up
for early business sessions the next
day! Tickets for the Gala will
be available January 2. On Tuesday
night (Jan. 30), the closing
night party will run from 9pm-1am
at the exclusive Ling Ling Lounge
in the Hakkasan Night Club,
just across the walkway in the MGM
Grand Hotel.
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NamesCon
always offers a lot of value
for the money and, this
being Veteran's Day
weekend, that is especially
true for those who have
served in the armed forces.
NamesCon is offering
veterans two
tickets for the price of one
($799) and 50% of the
proceeds from those sales
will go directly to the Veterans
Village in Las
Vegas. This offer runs
through Monday (November
13).
Veterans
Village is a transitional
and permanent housing
residence for U.S. Veterans
that offers 24/7/365 crisis
intervention center
intensive support services.
Public and private
collaborative partnerships
have been created to provide
supplies and services to
residents including |
housing,
medical and mental health
services, employment
training, referrals and
placements, food
pantry/nutrition programs
and transportation to the VA
Hospital and primary care
clinics. |
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In
addition to all of
the sessions and activities
you will find on the
official NamesCon
agenda,
there will be some special
events staged by
other companies
and organizations
during |
show
week. One of those
will be the Internet
Commerce
Association's
4th Annual Dinner
from 6-9pm on
Tuesday evening,
January 30, at
the House of
Blues in
Mandalay Place (a
short distance from
the Tropicana
Hotel). |
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Tickets
to the dinner are $100
each but if you join
the ICA
between now and the
dinner, the dinner
is on them!
(just select the
"pay at the
door option"
when ordering
tickets). The ICA -
a non-profit
organization that
fights for domain
registrant's rights
- also has a
special Early
Bird offer for
existing members.
If you order your
tickets no later
than Wednesday
(November 15) you
can get them for $75.
If you don’t have
a discount code yet,
email [email protected]
to get yours. |
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New
Gambit Conference Coming to India This Month
Will Bring Domains, Bitcoin & Gaming
Together in One Place
|
Domain
conferences that are
devoted solely to domain names seems
to be an increasingly rare species.
Coming on the heel's of last
month's expansive Merge!
Conference in Orlando
is word of an ambitious new event to
be held in Hyderabad, India at
the Taj Banjara Hotel on November
27, 2017. The first Gambit
Conference will bring
together global experts from the
world of domains, bitcoin
and gaming with each having
its own dedicated track.
You
never know exactly what to expect
from a first time show but judging
from the impressive speaker's
lineup on the Gambit
website, the conference will have no
shortage of world class talent on
stage. The three dozen experts
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currently
listed include ICO.com Founder Jia
Wei, MMX.co CEO Toby Hall,
Dr. Kevin Ham (via video
link), Escrow.com General Manager
Jackson Elsegood, NameKart CEO Prakhar
Bindal, Directi Senior Marketing
Manager Karn Jajoo,
MediaWiz CEO Samit Madan and
well-known domain investor/author Aishwin
Vikhona to name just a few. With
registration
prices starting at 2,999 Indian
rupees (about $46 at the
current exchange rate) the cost to
attend is also meant to please.
The
Gambit 2017 website noted that the
host city, Hyderabad, is an Asian Information
and Technology hub with the
headquarters of many leading
companies located there. The site
added, "This 3-track conference
will be inundated with eminent
personalities, remarkable speakers,
entrepreneurs, significant
luminaries and general enthusiasts.
The constellation of these top-notch people will not only teach
you about the strategies,
technologies, and innovations
they’ve developed and mastered but
will also make sure that you go home
with your brain on fire!"
You
can keep up with Gambit conference
updates by checking out the show's Facebook
page.
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Former
ICA Legal Counsel Phil Corwin Accepts a New
Position as Policy Counsel for Verisign
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On
Friday we told you about Internet
Commerce Association
Legal Counsel Phil Corwin
resigning after 11 years with
the ICA, effective today. This
afternoon we learned what the "new
opportunity" was that
persuaded Phil to make a move.
In a
letter to ICA members Corwin wrote,
"I have today, November 6,
2017, terminated all operations of
the Virtualaw LLC consultancy
and commenced employment in the
legal department of Verisign,
Inc. in the position of Policy
Counsel.
On
October 23rd I advised the ICA Board
of my intent to terminate my
representation of ICA so that it
could commence a search for a new
legal and policy counsel. It has
been my great honor to represent the
ICA and its members since its
founding in September 2006.
At that time the goal of ICA’s
founders was to provide the domain
investment industry with eyes, ears,
and a strong voice in ICANN, Washington,
and other important policy centers.
I believe that
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Phil
Corwin
Verisign Policy Counsel
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we
have together achieved that goal and
established a strong base on which
ICA can build into the future.
Given
that I am now employed by an ICANN
contracted party, I have today
resigned from ICANN’s Business
Constituency and my seat
representing it on GNSO Council.
I shall continue in my role as a
Co-Chair of the RPM Review
Working Group.
Over
the past decade I have made become
good friends with many members of
the domain investment industry,
and I look forward to those warm
relationships continuing into the
years ahead."
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Internet
Commerce Association Legal Counsel Phil Corwin
Leaving Job After 11 Years in Leadership Role
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Phil
Corwin, who has served at
the Internet
Commerce Association's
Legal Counsel ever since the organization
was founded in 2006, is leaving the
job effective Monday (November 6,
2017). The official announcement was
sent out to members by ICA Executive
Director Kamila Sekiewicz on
behalf of the Board of Directors
today. With Corwin's decision to
spend more time on other
opportunities, ICA Board member Zak
Muscovitch, a veteran domain
industry attorney based in Canada,
will take on the role of Legal
Counsel on an interim, volunteer
basis. As a board member Muscovitch
will also assist in the search
for a long-term replacement.
The ICA
announcement noted, "While no
one can replace Phil, we will look
for new counsel with particular
strengths in the priorities we see
ahead of us in our second decade. We
see the next 18-24 months as critical
for the domain industry. In the
policy arena there are ongoing
initiatives that have the potential
to dramatically impact our ability
to protect our assets and conduct
business. There are large,
well-funded and determined players
working to change domain
intellectual property law in ways
that could dramatically impact our
community. The ICA has been
working for months to develop a
comprehensive long-term strategy to
counter these movements and we think
we have a solid plan that, with your
help and support, will protect the
future of domain investing."
The
message added, "ICA’s 2018
mission will focus on three core
areas; first, Represent and defend
the domain community in policy
matters affecting us. Second,
Promote a positive perception of the
domain community through education
and engagement with policy makers,
journalists, and others whose work
influences our industry. Third,
Build a supportive community among
our members. We believe by
focusing on these three core areas,
we can make the biggest impact for
our membership."
"Phil
has left the ICA in a strong
position. In our first decade,
Phil put us on the map, establishing
us an important stakeholder in the ICANN
policy development process, and
successfully advocated on dozens of
issues
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Above:
ICA Legal Counsel Phil Corwin
will be leaving the job Monday (Nov,
6, 2017). Below:
ICA Board Member Zak Muscovitch
will fill in as interim Legal
Counsel while the search for a
permanent replacement is made.
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large
and small that profoundly benefited
the domain industry. He leaves
an enduring legacy as one of
the architects of the policy
framework that governs the domain
name system. We wish Phil well in
his new endeavors. Phil will remain
on the ICA-mail and ICA-social list
for a few days should anyone wish to
reach him there. His responses may
be delayed as he is embarking on a
25-hour trip back home from ICANN
60 in Abu Dhabi this
evening."
The
statement concluded, "The ICA
Board is excited about the
opportunity to continue our growth
building on the foundation that Phil
created. We’ll be
reaching out to our membership to
solicit your support and guidance
during this transition."
Phil
Corwin representing the ICA
at the 2015 NamesCon conference
in Las Vegas.
As
a personal note (and as an ICA
member) I would just add my thanks
and appreciation for the outstanding
job Phil has done for the ICA in
their efforts to protect the rights
of domain registrants for the past
11 years. Phil essentially became
the "face" of the
organization and deserves enormous
credit for helping the organization
gain worldwide respect in the
Internet community. He will
certainly be missed but we wish him
the best in all of his future
endeavors.
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Domain
Industry Golfers Can Tee it Up to Help Injured
Veterans in Southern California November 13
|
For
several years now I've
been telling you about California's
annual Orange County Supports Our
Troops (OCSOT) Charity
Golf Tournament that
raises money to support injured and
critically ill service members
throughout the Southern California
area via the Semper
Fi Fund. Well, it's that
time again! The 6th annual
tournament will be held Monday, November
13, 2017 at the Coto De Caza
Golf & Racquet Club. If you
will be in the area you can register
to play here.
If you can't be there but would like
to support this worthy cause, you
can make a donation here.
You will also find sponsorship and
advertising opportunities on the OCSOT
website. OCSOT is a
registered 501(c)3 charity.
I first
learned about this event from Brandon
Abbey (the former President at Escrow.com
who is now
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Director,
Strategic Accounts at Payoneer
Escrow), who has played
a key role in staging the annual tournament
that has raised well over $1
million.
Brandon
Abbey (center) with fellow
organizers of the annual Orange
County
Support Our Troops Charity Golf
Tournament at the 2016 event in
southern California.
Abbey
told us, "This lively and
inspiring day includes golf,
hearty refreshments and inspiring
guest speakers with silent and live
auctions in a gorgeous country club
setting. The Semper Fi Fund provides
immediate assistance and
continuous support for the
injured heroes who have served our
country in all branches of
the U.S. Armed Forces. The primary
goal is to give back to those who
selflessly support, protect and
serve our country." Prior to
last year's event Abbey noted,
"Since 2004, the Semper Fi Fund
has issued over 44,000 grants
totaling more than $63 million to
8,000 heroes and their
families."
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DigitalTown
Continues Acquisition Binge With Deal for App
Maker CityInformation B.V.
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DigitalTown,
Inc.
(OTC
PINK: DGTW), a company that
provides turn-key hosted solutions
to power "Digital Towns"
for cities around the world, just
announced their 7th acquisition
since the beginning of last year.
DigitalTown has reached an agreement
to acquire the assets of CityInformation
B.V. The deal will
stengthen DigitalTown's
"Smart City" solutions by
adding affordable technology
like Mobile Apps, Single-Login and
Blockchain.
CityInformation develops and
operates mobile apps for cities and
towns worldwide. Their mobile apps
are now live in more than 800
cities with more than 3
million downloads
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completed
to date. The acquisition of City
Information by DigitalTown will
allow these mobile applications to
be connected through the DigitalTown
SmartWallet as well as enable
app users to make direct purchases
from local merchants across retail,
services, dining and lodging using
their saved preferences from their
SmartWallets. Users can also own
manage ownership stakes, or coins,
in their city platform through a
city-specific Blockchain.
These stakes can be held in
SmartWallets or traded through
Blockchain exchanges.
Rob
Monster
CEO, DigitalTown |
DigitalTown
CEO Rob Monster said,
“This is an enormously
significant milestone in
DigitalTown’s quest to
restore economic power to
cities by not only making it
easy for residents and
visitors to buy and engage
locally 24/7, but also for
local stakeholders to own
the city platform itself
through Blockchain
Distributed Ledger for
managing decentralized
ownership. For our
institutional partners, such
as municipalities, chambers
of commerce, destination
marketing organizations and
visitor bureaus, we are now
able to offer them a truly
integrated digital platform
for their city brand.”
CityInformartion
CEO Bjorn Poels
added, “We are proud that
CityInformation technology
will enable DigitalTown to
deliver the ultimate
cross-platform online Smart
City solution by integrating
City Information’s
fast-growing network of
city-branded mobile Apps.
For our existing mobile
platform customers this
means, we can now deliver
them a complete solution.” |
DigitalTown
will feature the new mobile app
suite at the Smart
City Expo in Barcelona
November 14-16, 2017, the main
event of the year for Smart City
Innovation with an expected
attendance of more than 16,000
delegates from around the world.
The Smart City Expo is the venue
where the two companies began
strategic discussions approximately
a year ago. DigitalTown will be
exhibiting in the Leading Cities
Pavilion.
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If
you've been out of the loop lately, catch up in the Lowdown
Archive!
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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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