As I approach yet another birthday, I realized that I have not yet included my domain names and other digital assets such as cryptocurrency (11% of all Bitcoin is lost in old PCs) in my last will and testament and living trust. These assets could be quite valuable someday (just…
Posts published in “Domains”
Although I struggle seeing true value in cryptocurrency, I absolutely understand those who acquire it in small quantities. I was, however an early adapter of domain/website names and registered almost 300 of them years ago for about $10 each. That being said, how much should one invest (or maybe gamble…
The team at Generation XYZ is awesome to work with . . . a breath of fresh air in the domain names industry. For years, the .com TLD was the only true game in town with the rest in the dust. Now that literally all of the good .com names…
Domain enthusiasts are well aware of 6-figure sales of .xyz domains in the past few years that include some huge numbers. 1.xyz $181,720 9.xyz $176,166 6.xyz $125,000 . . . but what interest me the most are generic words banging at the 5-figure door such as . . . hot.xyz…
About a year ago in mid-2019, something really big happened in the domain industry. A domain/website name www.VOICE.com sold for $30,000,000. This is obviously a staggering sum of money and, of course, a record–by a large margin–for a public domain-only sale. This was just a name not a fully developed…
Have you ever heard a business executive state “Why would I pay a large sum of money just for a domain name”? I certainly have and every time it happens, I cringe. But like the millennials who got a trophy for simply showing up for class, it’s not their fault;…
A very interesting trend is occurring in the website/domain name industry that must not be ignored. For decades, industry experts have stated that the “all the beachfront property” lives in the .com TLD or top-level domain. That was arguably true for many years, however, with top generic noun .com domain names hitting seven-figures, the…
The internet has changed forever the way we now do business. Shopping malls are reinventing themselves as millions of Americans now use Amazon Prime to buy virtually everything they need, with free shipping. I could go on and on, but instead I’ll jump right to the point of this article. …
Behind the scenes, there are numerous seven-figure sales that occur without public attention due to various non-disclosure agreements (NDA’s). However, in this case, we’re able to disclose the news of the largest domain sale of the year by far. The domain name in question is Ice.com and the sales price…
Welcome to the tenth post in our Behind the Sale series on the Efty blog. In this series, I talk with domain name investors who share all the details behind a recent sale. You will learn how they bought low and sold high, how the negotiations went down and much more. Today, I am chatting with…