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.
No
Fooling! .CLUB Marketing Whiz Jeff Sass Offering
FREE Kindle Copy of His Best Selling Book This
Weekend Only
Last
spring I told
you about a terrific new
book
that had just been released by .CLUB
Chief Marketing Officer Jeff Sass.
With an attention grabbing title - Everything
I Know About Business and Marketing
I Learned from The Toxic Avenger
- and great stories from Jeff's
previous career in the movie
business - the book quickly became a
hit.
Jeff
was so happy about the book's
success he decided to celebrate one
of his favorite holidays - April
Fool's Day (if you know Jeff and
his sense of humor you this will not
surprise you!) - by giving away free
Kindle copies of his book
this weekend only (Saturday
& Sunday, March 31 an April 1,
2018)...and No, despite the April
Fool's tie-in to the giveaway, this
is not a joke! All you have to do is go
to the Amazon
order page for the book and
you will find the price set at $0.00
those two days. After that the price
reverts to the usual $4.99 (Kindle)
or $9.99 (paperback), so it's a no
brainer if you want some great tips
on marketing that Jeff delivers in a
very entertaining way.
Before
you head over to the order page to
download your copy you might also want to
check out this video Jeff made to
promote the 48-hour giveaway (you
know a guy lives and breathes
marketing when he puts this much
effort into something he isn't
even trying to sell - he just
can't help himself)!
Disney
World Offers MERGE! Attendees Reduced Ticket
Prices During 2018 Show in Orlando
A
lot of Disney lovers
would like to find a way to
magically reduce ticket prices
to the wildly popular Disney
World theme parks in Orlando
(that include EPCOT, Disney's
Hollywood Studios and Animal
Kingdom alongside the Magic
Kingdom). Well, if you are
planning to go to the 2nd annual MERGE!
conference coming up September
15-18, 2018 at the Hilton
Orlando Lake Buena Vista Hotel,
show Founders Jothan Frakes
and Ray Neu have some good
news for you. They have gotten
Disney World to sprinkle some of
their magic dust on entry fees to any
of their four parks - and not just
for the four conference days - for a
full week before and after
MERGE! in case you want to transform your
work trip into a dream vacation.
Disney
has even set up a special
webpage to make it
easier for MERGE! attendees to take
advantage of the offer. Knowing that
show goers will be spending at least
part of each conference day at
MERGE!, Disney came up with
flexible options that allow you
to only pay for the part of the day
or evening you want to visit a park.
If you don't want to go over until
later in the day
(when
Florida's hot summer temperatures
begin cooling down) tickets starting
at 5pm (to any one park) will
be just $59.15 (+ tax). If you want
to go earlier, you can get in to a
park starting at 1pm for
$88.26 (+ tax) - or select a 1pm Park
Hopper pass for $139.90 (+
tax) if you want to freely travel between
all of the parks the rest of the
day and night. Another thing
that will make this deal especially
attractive is that the widely
acclaimed
Epcot International Food & Wine
Festival will be going
on at the same time as MERGE! (and
yes, you can use the discounted
tickets to go).
Some
of the most fun I've ever had at a
conference was at the 2008
T.R.A.F.F.I.C. Orlando event
that was held at Disney World's
Grand Floridian Hotel. Now, in 2018, after
debuting at the Orlando Marriott
World Resort last
year, MERGE! is moving right
next door to Disney World with their
new
venue at the Hilton in
dining/shopping/entertainment mecca Disney
Springs. That will put
attendees in the middle of
everything Disney World has to
offer, including free transportation
to and from the parks. While I plan
to put in a full workday every day
at MERGE! when the suns starts heading
down I'm going to re-live some of
that fun we had a decade ago when
domainers ruled the (Disney)
world!
Above:
At the 2008 T.R.A.F.F.I.C.
conference at Disney World, Dr.
Chris Hartnett
leads a band of domain buccaneers
into the Pirates of the Caribbean
shop.
Below:
In another photo from the 2008
event in Orlando, this group -
with Directi Co-Founder Divyank
Turakhia in the front
seat - emerges from a wild
rollercoaster ride through the
darkness of Space Mountain.
By the way - that guy in the seat
furthest back is MERGE!
Co-Founder Ray Neu who is set to
lead the way back to the Magic
Kingdom in 2018!
For
more details on MERGE! 2018
including show registration and room
reservation visit the MERGE!
website here.
New
Company Led By Domain Industry Veterans Set to
Launch New gTLD .ICU in April
Another
new gTLD
will be arriving next month and
while .icu
(shorthand for "I See You")
will be a new option for domain
registrants, the people behind it
are old hands in the
domain/tech industry. .icu is
being operated by the Luxembourg
based ShortDot SA registry
whose management team and board of
directors consists of Lars
Jensen, Kevin
Kopas, Mogens
Nielsen and Michael
Riedl. They have
selected CentralNic
as the backend service provider for
.icu which will go live with Sunrise
April 24, 2018, followed by General
Availability May 29.
When
ICANN opened their new GTLD
program in 2012, .icu was applied
for and delegated but ownership was
recently transferred to the ShortDot
registry who will now carry the flag
forward. Kopas, Co-Founder and
COO, joined the .icu effort after
previous stints with Moniker,
Radix and PIR
(administrator of the .org
extension). He told us, "I’m
excited to be part of shaping the
future of this industry. Many years
ago, I started as a broker and
I’ve seen the best and the worst
of what we can offer end users. New
domains are moving this industry
forward by allowing branding
opportunities across the globe,
especially within
Kevin
Kopas
.icu Co-Founder & COO
startups
and small/medium businesses. Our
goal is to reconnect with
registrars, show them we have skin
in the game and simplify their sales
processes. When we accomplish that,
we’ve made it."
Additional
information from the company details
how they plan to differentiate .icu
in a crowded market,
noting, ".icu is not just a
domain registry, with our innovative
and global marketing plans we are
transforming .icu into a true media
company. We help and encourage
our end users to promote their
businesses in all social networks
using the hashtags #icu#iculive.
We are keen to promote our end
users’ businesses globally and
thus created a 21 day manual for .icu
end users on how to run their
social media and attract the target
audience. Our marketing strategy
involves a powerful boost of
promotional campaigns for registrars
and end user outreach with the goal
if driving end user interest back to
the registrar, essentially driving
business up the sales funnel and
creating more end user demand and
usage."
.icu
expects to be live and available for
registration at most internet
registrars around the world and to
be priced below most other
extensions on the market. In the
Sunrise period trademark holders
will be able to register a .icu
domain that matches their existing
trademark, then when General
Availability begins anyone can
register .icu domains. For more
information about launch dates,
pricing, availability and more visit
www.nic.icu.
.icu can also be found on Facebookhere.
Crypto.com
Owner Says Stop Calling! No Interest in
Multi-Million $ Offers and No Fan of
Cryptocurrencies
A
very interesting new articleabout
the Crypto.com domain name
and its owner, written by Adrianne
Jeffries, was published at TheVerge.com
today. I found out about it when
Adrianne contacted me shortly before
publishing the piece to get some
background on current market
conditions for cryptocurrency
related domain names. As
you all know they have become very
popular with some selling for
millions of dollars (like ETH.com
for $2 million last fall).
Matt
Blaze, an Associate Professor at
the University of Pennsylvania
and a leading expert on cryptography
(he has a Ph.D. in computer science
from Princeton and over 41,000
followers on Twitter),
happens to own what may be the best
domain in the entire category in
Crypto.com. With the boom in
cryptocurrencies Blaze has been
besieged by people trying to buy the
domain from him and he is not happy
about it - especially
since
Crypto.com
Owner Matt Blaze (Photo from Twitter)
he insists the name is not for
sale at any price - and
especially not to anyone who would
use it for cryptocurrency purposes.
Blaze even has a warning notice on Crypto.com
stating "Many cryptocurrencies
are scams, and I strongly
advise against their use as
investment vehicles."
Reporter
Adrianne Jeffries
Blaze
also bemoans how the
cryptocurrency frenzy has
muddied the original meaning
of "crypto" which
is the root of the
information security science
of cryptography - his
specialty. Blaze wrote
on Twitter, “I think
calling cryptocurrencies
‘crypto’ is a poor
choice, with bad
consequences for both
cryptography and
cryptocurrencies. That
doesn’t mean I’m some
kind of language
prescriptivist, and your
saying that ‘language
evolves’ or other such
prattle doesn’t invalidate
my concerns.”
As
hard as it may to be imagine
someone saying no thank
you to a multi-million
dollar payday, I have no
doubt Blaze is sincere. In
academic circles there are a
lot of brilliant people for
whom money is not at the top
of their priority list (my
daughter happens to be a
UPenn graduate so I
had the pleasure of meeting
many of them on the same
campus where Blaze now
works). So, despite the old
adage that "it never
hurts to try," it
probably is a waste of time
where Crypto.com is
concerned. It will not be a
waste of your time to read
Adrianne's fascinating full
article here
though!
Dates
Set for 5th Annual DomainX Conference in India -
Event Will Return to New Delhi in August
India's
DomainX
conference will
be returning for its 5th annual
event this summer and for the 3rd
consecutive year it will be staged
in the nation's capital - New
Delhi. The two-day show will run
August 4 & 5, 2018 and
its focus will be expanded this year
with Web Hosting and Cloud
topics joining Domain Names
on the agenda.
The
hotel for 2018 has not yet been
confirmed but show
registration just opened
with three ticket options priced (in
rupees) at 99, 1999 and 2999 (the
dollar equivalent at the current
exchange rate would be $1.52,
$30.77 and $46.17 - rates that have
made DomainX one of the world's best
conference values).
A
scene from the 2017 DomainX
conference at ShangriLa's Eros Hotel
in new Delhi, India.
The
2018 agenda and speakers line up
will be finalized in the weeks ahead
but there is already a preliminary
list of expected
speakers on the DomainX
website. DomainX organizers
Manmeet Pal Singh and Gaurv
Kohli launched the conference
with a 2014 event in Hyderabad,
followed by the 2015
conference in Bangalore
(that we attended)then
2016 and 2017 shows in New Delhi.
After
Selling Ring to Amazon for Over $1 Billion CEO
Confirms He Paid $1 Million for Ring.com Domain
In
one of our
weekly domain sales reports in June
2017, I wrote about
plausible but unconfirmed
speculation that the Ring video
doorbell company had paid $1
million to buy the Ring.com
domain name in 2014. That number has
now been confirmed. As you probably
heard Amazon
bought Ring a few days
ago in a deal valued at more than
$1 billion. Thanks to eagle-eyed
domain investor George
Kirikos, I learned
that shortly after the sale, a
mutual friend, Digimedia.com
President Jay Chapman,
tweeted out a link to a podcast
interview that Danny
Fortson did with Ring
CEO & Chief Inventor Jamie
Siminoff in August 2017. About midway through
that 43-minute interview Siminoff
revealed that he had indeed paid $1
million to acquire the domain name.
Even
more interesting are thedetails
Siminoff revealed about the purchase
in a five-minute stretch of the
interview that starts at the 26:15
mark. If anyone ever wanted to make
a case
for the enormous value of a great
domain name in building a
business, Siminoff does it in those
five minutes. Siminoff revealed that
in 2014, with his company then known
as Doorbot, he only had $187,000
in the bank when he approached the
owner of Ring.com (then privately
held by a Minnesota doctor). When
the doctor told him the price
Siminoff said "I don't have a
million dollars but I will give you
$187,000 now and another $825,000 in
two years for the domain" (which would be the
$813,000 balance and an extra
$12,000 in interest).
The doctor accepted and Siminoff
lived up to his word (we have
charted the sale on our 2016
Top 100 Sales Chart-
at #5 - since
that was the year the final payment
was made).
Jamie
Siminoff making his
pitch
on ABC-TV's Shark Tank
in 2013.
When
Siminoff revealed he had
drained his bank account to
buy the domain he said
people told him "he was
an idiot who had just
bankrupted the
company!" If you
watch ABC-TV's Shark
Tank, you may have
seen the 2013
show that
Siminoff appeared on,
seeking $700,000 for
a 10% stake in Ring.
The sharks weren't convinced
either - missing out on a
chance to see a $700,000
stake grow to over $100
million with the sale to
Amazon. Siminoff said
getting the domain name was critically
important to the
company's success, giving
them an unforgettable
brand and instant
credibility that helped
turned their product into a
household name (as it
happens I was one of the
early buyers of a Ring video
doorbell and and it was one
of the best purchases I've
ever made). Siminoff said
the same thing about
Ring.com.
Putting it in dollar terms
he said he would estimate
the name turned out to be
worth between $30 million
and $50 million to the
company. If
anyone asks you if the right
domain name is really worth
7 (or more) figures, no one knows the
answer to that question
better than Jamie
Siminoff.
Annual
NameCheap Event Aims to Add to Over $350,000
They've Raised for the Electronic Frontier
Foundation
Popular
domain registrar
and hosting companyNamesCheap's
6th annual Move
Your Domain Day will get
underway Tuesday night (March
6, 2018) at 12 midnight.
During this 24-hour event anyone can
transfer domains into NameCheap for $3.98
(and that includes a free year of
private email and SSL). .Com domains
cost registrars nearly $8 each
wholesale, so NameCheap will take a
sizeable loss on every name
transferred in. Even more so because
they will donate $1.50 from each of
those $3.98 transfers to the Electronic
Frontier Foundation (EFF),
a highly respected organization that
works to protect online freedom and
digital civil rights.
NameCheap
started doing this in 2011 in response to the US Stop Online Piracy Act (SOPA),
a bill many felt threatened
people’s right to privacy,
anti-censorship and a free and open
Internet. Sensing a need to mobilize
the community, Namecheap CEO Richard
Kirkendall launched the first
Move Your Domain Day. Seven years
later, Namecheap has used its
platform to raise awareness about
other dangerous bills like the Protect
IP Act (PIPA) as
Rick
Kirkendall
NameCheap CEO
well as the continued battle to save Net
Neutrality. Since
starting their event they have
raised more than $350,000 for
EFF. Kirkendall said, "Our
passion and dedication to Internet
neutrality and freedom cannot be
overstated. Namecheap’s long-term
commitment to these principles dates
back to the founding of the company.
Our pledge to stand with
organizations such as EFF, in their
fightto keep the Internet open and
free, is the reason why Move Your
Domain Day is such an important
initiative for Namecheap."
EFF
Legal Director Corynne McSherry
added, "EFF is grateful for the
support from Namecheap’s Move Your
Domain Day. We’re fighting to
protect online innovation and
creativity. With the help of
supporters across the web, we will
continue standing up for Internet
users in the courts, in Congress,
and around the world."
NamesCon
Acquires Domaining Europe Conference From
Dietmar Stefitz - June Show in Spain Renamed
NamesCon Europe 2018
Domaining
Europe
conference founder Dietmar
Stefitz will present his 10th
annual show June 7-9, 2018
in Valencia, Spain but the
event will run under new ownership
having just been acquired
by NamesCon. Stefitz
will still be on hand to manage the
upcoming conference that has been
renamed NamesCon
Europe 2018with
the assistance of NamesCon
producers Terri Potratz and Tania
Kabantsov. Stefitz also plans to
remain with the organization as its
Brand Ambassador for the European
show.
Stefitz
said, “After 10 years of hard work
I am thrilled to find a new home for
Domaining Europe. NamesCon is the
only entity to carry on this
conference in the spirit of all
involved, be it attendees, sponsors,
or speakers. I want to thank all
participants of Domaining Europe in
the last years and wish the team of
NamesCon Europe all the best for the
future.”
NamesCon
President & CEO Soeren von
Varchmin added, “We are very
excited to contribute to a
successful NamesCon Europe 2018
under the direction of founder
Dietmar Stefitz. Europe is an
important forum for NamesCon, and as
we enter into the 10th year
Dietmar
Stefitz
Domaining Europe Founder
of
Domaining Europe we look forward to honoring
Dietmar’s legacy and bringing
even more value to the event for
both attendees and partners.”
Rolf
Larsen, who runs the Europe
based .GLOBAL
registry, also commented on the
change, noting, “The initiative to
create NamesCon Europe as a
successor to Domaining Europe will
likely benefit the domain industry
in much of the same way NamesCon
Global has done in USA.
The industry needs events that has a
primary focus on commercial use and
ownership of domain names.
Naturally, an event like this
becomes a melting pot for meetings
between all layers of the domain
industry."
NamesCon
Europe is celebrating the news with
a 50%
off promotion on tickets
to the June event that will be in
effect until March 16.
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).