Most
of our readers are
familiar with the quarterly liquid
domain sales reports
released by the Lisbon, Portugal
based firm LXME that was
launched a few years ago by
Giuseppe Graziano, the founder
of domain brokerage and consulting
company GGRG.com.
Giuseppe has just dialed things up
several notches with LXME,
rebranding the service as LMX.com,
a now full featured trading
platform for liquid
domains.
Graziano
defines "liquid domains"
as short .com domains
comprised of 2-4 letters, 2-5
numbers and a combination of 2-3
characters mixing letters and
numbers. He regards them as "
liquid" because there are
almost always buyers (at least at
the wholesale level) for them.
Giuseppe
said, "The purpose of LMX is to
create a safe environment in which
investors are able to trade liquid
domains quickly, efficiently and at
low fees. You can now list One
Word .com domains if they match
certain quality criteria, the most
important one being that the domain's
Estibot appraised value has to
be above $10,000. You can also now
list 3-character, 4-letter and
5-number .com domains, as long as
they have an appraised value of at
least $10,000."
Graziano
added, "Platform fees for a
transaction are 7.5% (with a
$1,000 minimum fee and
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Giuseppe
Graziano
LMX.com Founder
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Escrow.com
fees covered by the buyer). However,
to incentivize users to list
domains, we are offering a reduced
5% fee for each domain listed
and activated before the 7th of May
2020."
The
LMX.com platform is invitation-only,
however, if you own a domain
supported by the platform, you can
use the self qualification process
to create
an account. Users are
able to create opportunity alerts,
so they can get instantly notified
when domains that match their
criteria are listed. The platform is
meant for investors only, so
LMX encourage users not to post
domains with end user pricing.
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