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The
Lowdown
Welcome to
the
Lowdown from
DN Journal - your source
for notable news and information from all
corners
of the global
domain name industry!
The Lowdown is
compiled by DN
Journal
Editor & Publisher
Ron Jackson. |
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Fresh
Off Forming Partnership with Hilco Global,
Andrew Miller Will Be Doing Some Myth Busting at
NamesCon Global
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A
couple of the biggest domain sales of
all time were reported over this past week - NFTs.com
at $15 million and Connect.com
at $10 million. It is rare for sales at
that level to be publicly reported as most are
governed by non-disclosure agreements. That is something pioneering broker Andrew Miller
is well aware of because he has been involved in
some of the biggest sales ever made, some
reported but most not due to NDAs (recent examples
include Home.com, Universal.com
and Candy.com, sales that followed major
successes with CreditCards.com, InsuranceQuotes.com
and many others). All told, Miller has been
involved in deals totaling over $330 million with
33 of those reaching seven figures and three
hitting the mind-boggling eight-figure mark. Two
months ago Andrew teamed up with Hilco
Global to
start a new Web 3 venture,
Hilco Digital Assets (HDA),
with
Miller serving as the Managing
Director. Andrew said, "Hilco
is the world's preeminent authority on maximizing
the value of assets, and my company ATM
Holdings and I have a longstanding
track record as a leading investor, advisor, deal
maker on premium domain names and a growing
expertise
on NFTs & Web 3 related
opportunities. Neither of us needed to do this but
we saw a massive opportunity to build HDA
into something very meaningful. So we aligned and
here we are." |
Andrew
Miller
Managing Director
Hilco Digital Assets
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With
his vast experience and invaluable insight
into top tier sales, Andrew
has long been a sought after speaker,
so no surprise he
was one of the first industry professionals NamesCon
Global invited to host a keynote
session at the 2022 show coming up August 31
through September 3 in Austin, Texas.
That session, titled The Secret to
Premium Domain Deals, will hit the
Bodis Keynote Hall stage at 10:05am on Thursday,
Sept. 1, If you will be at the
Omni Hotel for the conference, this is one
you won't want to miss.
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As
busy as he is, Andrew told me he has spent a
lot of time thinking about that keynote and
what he can share that will be most
meaningful for domain investors, buyers
and sellers who focus on premium
domain assets. One thing he plans to do is
dispel a lot of common myths. and
in doing so, hopefully invoke some change in
either thought process or practices to
create a better value for this
amazing asset class. Miller noted, "to
the right buyer a domain is game changing
for their enterprise value, magical
as I like to say."
While great
domains do indeed have a magical quality, Andrew
delivers his advice in a straight forward
manner. After you hear him speak it's
unlikely you will go away still wondering
what goes on behind the curtain. Andrew says
most think there
has to be a "secret sauce" of some
kind involved in getting premium domain
sales done but he will explain why the
key ingredient boils down to something
more accessible to all - tried and true common
sense. By the way, Andrew will also be moderating
the Blue Chip NFT Panel later
Thursday morning (Sept. 1) with that session
(also in the Keynote Hall) scheduled to get
underway at 11:35am. |
While
we're talking about NamesCon Global, there
are some related big events to tell you
about. The Internet
Commerce Association will be
holding their 7th Annual Dinner
(featuring presentation of the
Lonnie Borck Memorial Award) in
Austin on September 1st. A limited
number of tickets
are now available to all
NamesCon attendees. The event will run
from 6 to 9PM at the acclaimed Parkside Austin
restaurant that offers both indoor and outdoor dining
options and is just a 3-minute walk from the Omni.
You can learn more about the dinner from
Executive Director Kamila Sekiewicz's
post on the ICA blog. |
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Also,
if your are already an ICA member (or want to
become
one) there are two more events scheduled
just for you earlier on the day of the dinner (Thursday,
Sept. 1). At 9am there will be a special
meeting for domain brokers who are ICA
members. It will be held at the Omni with the exact
meeting room to be announced before the show. That
will be followed at 12:40pm Sept. 1 by
the ICA Town Hall for
all
Members,
giving them a chance to talk with
fellow
members, as well as
members of
the ICA
Staff
and Board. As with the brokers meeting, the
specific room for the Town Hall will be assigned and
announced before NamesConGlobal gets underway.
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(Posted
August 9, 2022)
*****
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See
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Lowdown section.
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