Projects
![]()
No projects found
Investors
New
DAO Treasuries
DATs
Lend / Borrow APRs
Chains
Categories
Spaces
Future of Domain Names
Recorded: Oct. 19, 2024 Duration: 2:44:03Space Recording
Full Transcription
One I purchased in the expired auction.
But, yeah, I think .ai has been managed by Identity Digital.
I've had the privilege of working with Identity Digital,
promoting .live back during the pandemic years.
And they're like a stellar organization.
I think they're like one of the best in the business.
They manage 300 extensions, or close to 300 extensions.
And, you know, so I think, if anything, they're super experienced
when it comes to marketing and handling a CLD of that status.
So versus what was happening before where everyone was complaining about,
oh, there's a single guy managing it.
And, you know, there's all this manipulation going on
or whatever people are saying.
So I think it's just maturity for that CC, CLD to be in the hands
of true professionals like Identity Digital.
So, and I put out a poll, and I think more people agreed with that
than disagreed.
So good stuff for the industry.
.ai has been managed by Identity Digital.
I would expect that there will be more transparency on Wiz records,
expiration dates, and things like that.
I don't know.
Matt, what are your thoughts on that?
Good morning.
Good morning.
Well, I think it's really big news for people who like alternative extensions,
you know, everything other than .com.
I think .ai is the first extension that actually has a chance
of taking significant market share.
You know, we saw .io was doing really well,
and then it recently had some problems.
But, you know, .com is still, what, 90% of domain registrations?
And until you have somebody else get 20% market share,
I think, you know, .com will continue to dominate the market.
And now there's a chance.
I actually think that, you know, .ai is super strong.
It's, you know, shorter in character length than .com.
And, you know, Identity Digital, it's a professional team.
I'm very impressed.
And I can say, not to speak badly on the previous management of .ai,
but we got approved for .ai recently,
and it's kind of a mess to get set up.
And I'll give you one example.
Like, the DNSSEC records configuration on .ai is flaky.
Like, sometimes it works and sometimes it doesn't,
just because, I don't know, right?
Like, you follow their instructions,
and it's just not very clear.
And then, you know, when you want to register it again,
or, like, if you transfer,
it doesn't always extend your registration for .ai.
So there's quirks around the .ai registry.
And I'll just tell you, my engineers,
one of our engineers on our team,
when we found out that it was going to be bought by Identity Digital,
they were like, oh, thank goodness,
because now it's going to be so much easier
to use this thing on the back end
just to get it set up properly.
So I think it's very good news.
And let's see.
I mean, I want .ai to be successful,
because if .ai is successful,
then all of the alt extensions are going to be successful.
And obviously, you know,
we're hoping that more of these alternative extensions
can compete with .com,
at least take some market share longer term.
Yeah, we can talk about that.
I mean, it's good to hear the perspective
from someone at your level in the domain space
on that discussion of .ai with Identity Digital.
Like, you know, we're talking from,
generally speaking, from the perspective of investors.
And to just realize that it's all across the spectrum
that there was some clunks that could be improved.
I think it's just maybe that's the reason
why Identity Digital ended up, you know,
becoming the team.
Like, maybe they were overwhelmed
because the demand has been insane.
Now, is that demand sustainable?
Well, we can talk about that.
I think, personally speaking, .com
is always going to be the 800-pound gorilla.
I think from an end-user demand perspective,
I think from, even from an investment perspective,
but I think I've always believed
that there's opportunity with every CCTLD.
You just got to find the right domain names.
And some domainers still follow that mantra.
It's .com or nothing.
But, you know, the key advocate for that
has been Rick Schwartz, and he's diversifying.
So maybe we're coming to a new day
where domainers are more open-minded.
But, Matt, we definitely want to circle back with you.
You guys had some great news this week
about unstoppable domain names
being able to resolve a MetaMask.
We'll circle back to that.
But, Adam, I want to hear your thoughts.
What are your thoughts on .ai being managed by
Identity Digital?
You don't give a shit.
A-ish.
Yeah, I don't, I too much, too much don't give a shit.
I mean, I only have one .ai name.
So it doesn't really,
I don't really have a foot in the door for this one.
But overall, I mean, I mean, it's great
that they're moving away from the one-man operation
because, you know, there's people
who have a lot of money in this.
There's companies that are, you know,
depending on having a stable company backing the .ai.
But like some people have said,
their identity is known for the premium registrations.
And if they implement that on this,
you know, because they even said,
we're going to make AI more money.
Well, you know, how are they going to make them more money?
Is this the plan going to do premiums?
And if they are going to do premiums,
is it going to be for pre-existing names?
I don't know if they can do that.
But for any name that expires,
maybe it won't go to auction anymore.
It'll just become a premium name if it's something decent,
which means that picking up new ones
isn't going to be as viable anymore.
So it'll just be all aftermarket.
Yeah, I think that's a great point.
I expect it to get more expensive
because part of the deal was
they have a revenue guarantee
to the nation of Anguilla.
So they most likely will adopt a premium pricing scheme.
And, you know,
we can assume that most of the premium .ai's
have already been picked up.
So at expiration, currently they go through
maybe what is a name sheet for auction.
I think all that will change.
I don't know if it's going to be
in the benefit of end users,
but the fact that they have a revenue guarantee
and they're a for-profit company,
I can imply that it's going to be more expensive.
But the demand is there.
But do you expect the demand to slow down
or pick up for .ai?
I personally think it's going to slow down.
I think .ai is in a hype phase
that is correlated to the interest
in artificial intelligence in general.
But I think as that consolidation happens
and, you know,
a lot of these, you know,
chat GPT rappers
and people innovating in that space
start exploring other CLDs,
you don't need a .ai to run an AI organization.
It used to be sort of like an unspoken rule,
like everyone wanted a .ai
to be affiliated with it.
Now I'm seeing a lot of indie hackers
using .app, .com, .io, .net.
So it's not a must that you use a .ai.
And I personally,
maybe selfishly still believe that
keyword AI .com combinations
will still win that race,
even though that we're getting
an ass kicked right now.
So I think instead of maybe a massive .ai,
maybe massive AI .com,
you know,
all companies that actually use this .ai
will realize there's a security concern
and will try to acquire
their keyword AI .com.
But I'm seeing a lot of companies
that are using the .ai
as a forwarding,
as a redirect,
or they're redirecting to the .ai.
So it's interesting.
But very few companies I've seen
that use strictly a .ai.
And the ones that are,
I think they'll be more open-minded
to get into a keyword AI .com,
kind of like a 360 approach.
Yeah, so there's opportunity
with those .ai names.
I haven't personally
done very well with them.
But it's also kind of confusing
because sometimes you see
a name like Quran.ai,
which was reported to have sold
for $1,03,000.
Well, the guy didn't pay for it.
And then it got resold for $37,000.
And who knows?
If they don't pay for it,
then you're going to see it
in the auction again.
I've seen a lot of these names
being reported as sold.
But the transactions
never got completed.
So maybe Identity Digital
will be able to handle that better.
I don't know.
We'll see.
But yeah, Michael,
any thoughts before we move on
from the .ai Identity Digital discussion?
I haven't been following it too much.
I kind of scan and see
what everybody's been talking about.
And since I don't have any,
I don't really have that much
of a position on it.
I do think some of the names
are great.
You know, like we've been talking
about the astrology.ai.
I think in turn,
those are really great uses
where AI is going to be
basically the platform.
You know, or like photo AI
or things like that.
Right.
But yeah, as far as
who's operating things,
it's not going to matter to me.
I think it's going to be around
for a long time.
I don't think we're going to,
you know, see this go anytime soon.
I think we'll probably get
at least three,
maybe five good years
out of .ai
before we maybe
see something else.
That's just by speculation.
Yeah, yeah, I agree.
I don't think it's just
going to rapidly shut down.
I think it's just going
to slowly decline.
But we definitely went
through a hype phase.
And I don't know
if that hype phase
is done with.
Maybe that hype phase
is still peaking.
And the important thing is,
you know,
those of us that have been around,
there's been many hype phases.
So people think,
oh, AI is the hype phase.
But .info was a hype phase.
.biz was a hype phase.
All back in the day,
.us was a hype phase.
So it's kind of like
you could have
a one-year hype phase.
You could have
a three-year hype phase.
But, you know,
it's just one of those
where, as everybody
keeps saying,
it's not going to replace .com,
but it could be,
you know,
one of the top five or six
that are super popular
for people.
And in some cases,
I think it'll make
a great brand,
even though it's probably
a good idea
to have the .com as well
if you're a super big brand.
But I think it will make
a great brand
in some cases.
No, for sure.
Okay, let's move on from that.
Unstoppable Domains,
you guys made
an announcement this week
that UD wallet address
is now resolved
on MetaMask.
For those of you
that aren't into crypto,
MetaMask is probably,
if not the most popular
wallet extension,
definitely one of.
I would, you know,
I would say that
if it's not,
I'll be surprised.
Maybe Trust has more users
or, well,
MetaMask is very,
very famous.
And over the,
until now,
a .unstoppable domain
wallet addresses
did not resolve
on MetaMask.
And it's been a
selling point
for .eth names
like,
we're the only ones
that resolve
on MetaMask.
And now I'm seeing
that they're opening
that up.
UD now resolves
on MetaMask.
Clusters now resolves
on MetaMask.
I saw Fulbar
announce that as well.
You know,
so I want to talk
to Matt about that.
First of all,
congratulations
on that development.
What does that mean
for UD addresses
and what does it mean
for .eth addresses
in your opinion?
I think just more
naming systems
in Web3
are establishing themselves
and being recognized
is going to be here
for the long term.
Like you said,
it opened up
to several new
naming services
on MetaMask
using their
SNAPS protocol.
And, you know,
next is Coinbase
for us, right?
Still working
for Coinbase.
Trying to get
in the Coinbase wallet
and just continue
to extend the network.
You know,
we're resolving
in 700 or 800
crypto apps now
and it just keeps
building slowly
year over year.
So, just like
it takes a while
for any new
protocol to be adopted
and that's just
how it is
with naming services.
So, yeah,
it's just
slow and steady march.
It seems
inevitable
at this point
that most applications
will resolve
the major
crypto naming services.
Unstoppable,
of course,
intends to be
one of those.
And just a matter
of time, right?
Put the time in
and keep working it
and people
eventually integrate
as more and more
people want to send
crypto.
So, yeah,
I've been working
on this one
for two plus years,
right?
MetaMask is
not very fast
but glad to get
across the line
finally.
So, it's
through, you know,
the integration
occurred through
the Snaps protocol.
Can you give us
an overview of that?
Does that mean
that every
naming service
can now
resolve
on MetaMask?
How does
that work?
Well, it's
their
MetaMask's way
of extending
their app.
They want to be
a super app
and they want
it's just
for developers
out here
it's just
they expose
a particular
interface
where you can
read data
off the blockchain
so users
can add more
features to their
MetaMask wallet.
And it will not
work with every
naming service
but it will work
with a lot of them
because they
are exposing
some endpoints
and not others
just to
you may read
from some blockchains
but not others
right?
And you may be able
to read data
from some places
but not others.
It's kind of like
the Apple
app model
like the
iPhone store
is basically
what they're trying
to replicate
on MetaMask.
Yeah, I got it.
Well, congratulations
on that integration.
I think it's a big
big deal.
I know from
someone who
invested heavily
in Web3 names
that has been
one of the
talking points
with .eth
is we're the
only ones
that resolve
on MetaMask
and I think
it's good
for everyone
that all these
other naming
services now
resolve on
MetaMask.
I'm not a fan
of monopolies.
I like
for end users
to have
as many options
as possible
and I think
that it
creates a very
strong narrative
for you guys
because your
naming protocol
doesn't have
any renewals
and so the
fact that you
do resolve
a MetaMask
there aren't
any renewals
I think it
just becomes
a more
attractive option
for people
and I think
it's good
for everyone.
You know,
I'm super
interested in
seeing how
this impacts
your adoption
and how you
guys leverage
that
because,
you know,
there are a lot
of people
that
you can argue
would say
that that's
why they weren't
really bullish
on UD names
the fact that
they weren't
resolving
on MetaMask
and I've seen
that as a pushback
from ENS
advocates as well
yeah,
congratulations on that
and is this
down the line
with all the
CLDs under
you guys'
ecosystem
or are there
any of them
that aren't
compatible?
It should be all
and,
yeah,
it should be all
and,
you know,
it's maintained
by us
so we'll be able
to keep up
as we continue
to expand
the TLD
ecosystem
and I think
there's going
to be a lot
more innovation
yet in
Web3 naming.
Kind of
what we've
come to learn
now is like,
yes,
there's always
going to be
ICANN
but I think
there's also
always going
to be Web3
because there's
this long tail
of applications
that really
want to have
you know,
domains
or usernames
for their users
yeah,
we're just
going to keep
building our
network.
I mean,
I really think
that if
applications want
to have
interoperable
usernames
then they're
going to
look to Web3
because I just
don't think
that's going
to be a thing
that's going
to be price
competitive
at ICANN
and like
you're saying
you know,
people don't
want to have
to pay
renewal fees
for what's
essentially like
an email
to identify
themselves on
these different
networks.
we'll see.
Yeah,
and it's just
evidence that
this thing is
moving along
in the background.
It's very
boring right
now.
The Web3
name hype
is off.
You know,
everyone's sales
in Web3
names is way
down from
where they
were two
years ago
and we're
just going
to be
grinding along
slowly and
I think that
we're not the
exciting part
of the market
anymore.
It's all
meme coins
these days
in crypto.
Yeah,
meme coins
definitely have
the attention
and the
cash flow
right now.
Now,
but what do
you think
it's going
to take
to get
back to
those glory
days of
unchanged
slash
Web3
domains
and what
do you
think has
been the
reason why
it's lost
its lore?
Well,
I think
there was
a lot
of fighting
in the
Web3
domain
community.
We were
a part
of that.
That wasn't
very helpful.
I also
think a lot
of people
are trying
to understand
how ICANN
is going
to work
with these
systems and
I think
that after
the next
TLD auction
a lot of
those discussions
will be
settled.
Maybe it
takes three
or five
years.
So just
like most
of crypto
there's a
bit of
regulatory
clarity
that needs
to happen.
And then
finally we
aren't seeing
people use
Web3 as
their identity
in order
to, you
know, we're
not seeing
enough people
actually use
crypto on
day-to-day
things.
People have
been talking
about doing
like tickets
for their
sports game
on the
blockchain
since 2014.
It's been
like 10
years, you
know, and
people are
talking about
using DeFi
or, you
know, stable
coins.
And out of
all the
narratives,
stable coins
is the only
thing that
people are
using,
especially for
remittances
in places
like Vietnam,
etc., where
it's like a
daily activity.
And then the
rest of it is
just a lot
of speculation
that looks
very close to
gambling.
And, you
know, until
those real
world use
cases get
bigger, and
stable coins
is probably
the best one
for crypto
people to
put forward
because it's
growing 40%
year over
year.
It's actually
really useful.
You don't
need to have
a digital
identity until
you're doing
stuff in the
digital world
on an everyday
basis.
And so I
think it's
several years.
It's going to
take a long
time to build,
but it is
growing really
fast.
And, you
know, I'm
sure people
will try to
front run it
at some
point, but
I don't
expect it to
come back
like 2021,
2022, really
ever.
Oh, wow.
Yeah, that's
pretty grim.
I do think
that there
was over
speculation for
sure.
And I think
that there
were a lot
of false
declarations
of victory,
specifically
from, you
know, ENS
Dow.
We won, and
I was like,
you haven't
won anything.
This is a
long marathon.
We're still
super early,
and this is
all hypothetical.
And I think
that a big
reason why
things sort
of slow
down has
to do
with pricing,
to be honest
with you.
Integrations,
like if you
guys had this
integration a
year or two
ago, it
would have
been more
impactful.
But I
mean, it's
still an
amazing
development.
I also
believe that
a big part
of it is
over
speculation.
So, you
know, and
until there's
enterprise
adoption, it's
not going to
trickle down
to end
users.
There has
to be some
sort of
interest from
enterprises with
this on-chain
names to
really, before
we see the
next run-up in
terms of
adoption.
So, majority
of people that
have Web3
on-chain domain
names right
now are
mainly
speculators.
And, you
know, hopefully
I'm one of
them.
Hopefully, we're
right in the
long run.
But I think
it's still
super early.
But kudos
to what you
guys have
built.
You've done
a lot.
Four million
registrations.
It's not
no easy
task.
And to me,
that validates
the space
as well.
So, do
you think
that this
time next
year you
guys will
be at
five million
or do
you expect
this thing
to plateau?
Well, we've
shifted our
focus a lot
over to
supporting
ICANN
domains in
Web3.
So, I
mean, I
would love
to be at
five million
domains on
chain and
have a million
of those
be ICANN
domains, right?
Right now, the
number of
ICANN domains
on chain is
probably around
10,000.
And so, it's
still very low.
So, that's
really our
focus.
And then the
next thing we're
looking at is
the auctions in
2026, 2027,
because that's
going to bring
clarity to the
space, right?
Because if a
bunch of domains
go up per auction
and then they're
attached back to
their Web3
domains, that
everyone's
going to be
like, okay,
that makes
sense, that's
going to work.
And then
everything that's
not in the
auction is
going to be
assumed to
be Web3
forever.
And I think
that's going to
just give
people comfort
on a going
forward basis.
And you know
that ICANN is
super slow.
Everyone in
the space knows
that.
So, that's at
least two years,
more likely three
years away.
I think it's
probably three
years for them
to resolve the
auctions.
So, I
actually think
that's when
we're going to
see the next
phase of
investment
really come
Obviously, there's
going to be
investments between
now and then.
People are still
buying domains
now.
But that's
where I'm
seeing as the
next catalyst
for innovation
in the domain
industry is
probably around
those ICANN
auctions.
Makes sense.
I mean, you
guys are also
an ICANN
accredited
registrar.
You have a
marketplace where
I can go
buy a .com.
Is that
resonating with
domainers?
Well, I'll
tell you, I
think it will.
But we are
hitting absolutely
everything possible
to slow us
down.
I mean, I
kid you not.
When we go
for end-to-end
testing, like
OTE testing, to
be the registrar
for new
extensions, they
take forever.
And then they
give us extra
hurdles we have
to jump through
because we're a
Web3 company.
And I know
some smaller
registrars that
are up there
and running,
and they're
definitely not
following all the
rules, and
they're not
compliant in all
sorts of ways.
It just feels
like...
You guys are
targeted.
Yeah, so it's
supposed to take
four months to
get your registrar
license.
It took us
12, right?
And it's
supposed to take
you like 60
days to get
set up on all
the different
registries.
It's been 60
days, and the
only ones we've
gotten approval
for are country
codes.
And then I
think Identity
Digital just
approved us,
which is going
to be helpful
because they've
got a whole
bunch.
huge, but
just super
slow, and
we'll see.
We'll get
there.
So I don't
know yet-ish.
I think we'll
know this time
next year, right?
And our goal is
to get a few
hundred thousand
ICANN domains
under management
by this time
next year, and
that would be a
pretty good
roundup.
And then we'll
build from there.
I think, personally
speaking, and I'm
speaking openly, even
though this should
be a private
conversation, I've
always said that
whoever builds the
first platform that
allows me to take
my domain name,
tokenize it, and
offer it as
collateral, is
going to open up
a huge faucet of
opportunity.
You know, it's
doable, technically
speaking, and I
think that that's
the only attractive
feature of
tokenization of
domain names.
So Michael has a
bunch of domain
names that are
like 20 years old.
Adam has some
names that he kept
for 20 years before
he sold them.
I have some names
that I would not
sell for less than
six figures, but
they're illiquid,
right?
And if someone
offered a platform,
and I think you
guys are up to
that challenge,
that allowed me to
list a name as
collateral,
on-chain, the
same way I did
with my Bored
Apes and my
NFTs, and
other people in
a peer-to-peer
capacity, can
say, oh, he's
offering
Snitch.com for,
you know, he
wants a loan for
Snitch.com.
Snitch.com, let me
see if it will
accept $3,000 as
a loan at 10% for
the next six
months, right?
And both parties
agree on that.
I think that that
is what is needed
in the domain space
right now.
I don't know, what
do you guys think,
Adam or Michael or
Harrison?
I think it would
be a great option
to have just for
that purpose.
I know there was
an issue with that
with NFTs when they
were big.
you know, you
were able to
eventually take out
loans and add a
whole system set up
where, you know, you
can make a profit off
of it and, you
know, it worked
great.
As a lender, yeah, I
took out over half a
million dollars worth
of loans on my Bored
Apes.
It was a great perk.
Right?
Yeah.
Right?
And, you know, I
know guys like Cyrus
that were lending
people money.
You know, they made
a lot of money, they
lost some money, but
there's a true
economy in a
pair-to-pair, you
know, lending of
digital assets and,
you know, the fact
that domain names,
you know, now have
the capability of
being tokenized is
has already cleared
that first step.
The rest is just a
marketplace to
facilitate those
transactions in a
pair-to-pair
setting.
Yeah.
It's also the
adaptation of getting
people to be able
to tokenize and being
comfortable with it.
You know, NFTs, you
already have the
advantage of, well, if
you're in the NFT
space, you already
know how to do all
this and it's already
done for you.
But in the domain
space, it's a whole
different beast.
And for someone to go
through the steps of
tokenizing it and, you
know, getting it on a
blockchain is fine.
But then you have to
have enough buyers who
are also comfortable
enough with that and
have enough knowledge.
You know what makes
people comfortable and
figure things out?
Money.
Right?
Yeah.
Money.
That's it.
Money will do it.
If I know that there's
a possibility that I
could get $10,000, you
know, there are people
that will literally put
their portfolio up as
collateral, right?
There are people that
will put up a bundle of
names as collateral.
And Unstoppable
Domains, if I'm not
mistaken, Matt already has
the technology to
tokenize them for free.
Michael, would you,
Matt, go ahead.
I would love to hear
from you.
I would just say, yes,
we tokenize 100% of
domain names right now,
even the .com.
And then every domain
you buy from us will
also be tokenized just
by default.
And I agree that
lending is a very big
opportunity.
We think that the
first thing, though, is
we got to get the
domain industry on
chain.
And there's a whole
lot of things there
that are compliance
oriented, making sure
that the registrars
are, you know, you
don't want someone
to accidentally sell a
domain name that they
don't own or lend
against the domain name
and then the person,
you know, ends up
losing it because they
didn't pay the renewal
fee.
Things like this have to
be figured out first.
If you're going to
create a really good
market, you have to
make sure the
collateral is secured.
But yeah, I think it's
pretty interesting,
especially because
interest on those types
of loans are deductible.
So if you're running a
small business, like
you're a domainer, it
could be quite
attractive for you
to do that.
I still think that's
several years away.
I'll say one other
thing, which is most
money in crypto is
looking to make 100%
returns, not 10%
returns.
So in order to get
loans on chain at
reasonable rates, it's
going to take time,
right, to get money on
chain as well.
But all those numbers
are growing.
So those are all
tailwinds for the
domain industry,
increasing liquidity
and increasing
settlement by doing
it on chain.
So all long-term
stuff.
And I think it's
actually, you know,
it's boring, but I
think over a longer
time horizon, five
years from now, it's
going to have some
pretty big, significant
impact on the
industry, especially
borrowing to buy a
domain name for your
business.
There's a lot of
entrepreneurs who
don't have $25,000 to
spend on a new
domain name when
they're launching a
business.
And I think that's
probably the first
area of the market
that we would look
to attack for
lending.
But again, still
speculative.
I first got to get
them on chain.
Yeah, fair enough.
Harrison, what's
good, brother?
Hey, guys, just
driving today, getting
out of Dodge, going
to the farm for a
few days.
Turns out, I guess I
needed a little more
travel.
Oh, digital detox,
huh?
More like peace and
quiet to work like a
dog for a week.
Okay, we call that
on Tranquility.
Nah, good stuff, man.
I know you don't want
to talk too much about
what you're cooking, but
you guys definitely got
to check out
SteakWeb.com.
I think parking is one
of those areas that
we'll see a lot of
innovation.
And Harrison,
humbly, has been
working hard on that.
And I'm rooting for
him.
I'm an advocate of
what he's doing.
And I think that it's
going to benefit us
all.
I'm sick of looking
at websites that
have the same
ugly, you know,
interface, right?
The same ugly UX,
right?
You go on this
website, it doesn't
resolve, and then it
resolves into these
banners that are
irrelevant to what I'm
looking at.
We're in the era of
Content development
is a big deal.
It's super easier
than ever before.
And I think that, you
know, parking should
be on the uprise
because of that,
right?
We don't have to rely
on the old school
parking mechanisms
that are not
effective, right?
So, yeah, good stuff,
Harrison.
We're all waiting for
you to make us some
money.
Yeah.
Yeah, thank you.
Yeah, so, I mean,
some good news on that
front.
Yeah, so, we've
locked in the roadmap
for basically, like,
the next six weeks
leading up to the
conference.
So, I'll be excited
to make some
announcements there.
And, yeah, that'll
be nice.
Yes, I'm, like,
right now on
platform, there's no
payouts, right?
So, like, that's,
unlocking that is a
big, will be a big
win.
And then, yeah, I'll
say a lot of
the quiet and
lack of, you
know, progress
outwardly over the
last couple months
has been really
just setting this up
as a real business.
You know, it's
sort of like, you
know, what do you
do when you catch
a fish, right?
You're like, oh,
I got one.
And so, it's
been just, like,
securing this to
grow and scale
into what it, you
know, ultimately
will be.
So, it's been
fun.
And, yeah, I'm
just looking forward
to continuing to
grow in the space
and still buying
names here and
there and still
learning on that
front, too.
So, thank you
for the space and
hosting this and,
yeah, the weekly
discussion.
No, for sure.
I appreciate you
and all your
support.
So, speaking of
conference, Domain
Days Dubai is
coming up.
I won't be there.
I'm going to be
too busy working
on my conference
in December, but
it looks like a
great event.
A lot of good
speakers.
This is their
second year doing
it as well.
So, if you're in
that part of the
world and you
have the means to
go out there,
definitely check
that out.
DomainDays.com.
I love any
gathering of
domainers is a
positive development
for me.
I don't view
these as
competitors.
I view this as
other options,
right?
So, with that
being said, I'm
excited to announce
that our conference
is also coming up
December 5th and
6th in Vegas.
I haven't made
this official
announcement yet,
but it's going to
be at the
Venetian.
I haven't signed
a contract with
them because I'm
leveraged.
I'm an experienced
event organizer.
The longer you
wait, the better
of a deal you
get.
And that's going
to reflect on
the user experience.
I'm trying to get
this specific space
in there and
I'm playing
4D chess with
them.
But it's going
to be at the
Venetian in
Las Vegas,
December 5th and
6th.
The inaugural
conference was
last year.
We had 102
people.
We expect to
have about 300
this year.
And, you know,
if we don't even
get 300, we're
still going to
get a quality
group of people.
Harrison is
going to be
speaking.
Michael is
going to be
speaking.
Matt's going
to be speaking.
Paige was
scheduled to
speak, but
unfortunately, the
timing doesn't
work for him.
He's going to
be in Germany.
And so I'm
also thinking
about the idea
of doing a
virtual version
sometime in
November that
will be free
so people can
get a vibe of
what it is to
listen to people
speak outside of
Twitter.
We'll make some
announcements about
that, but
definitely check
out the website,
DomainerExpo.com.
It's on the
Jumbotron, and
you should
definitely
register.
You want to
be there.
To me, there's
value and meaning
with people in
the domain
world in
person.
Matt's going
to be there.
Michael's going
to be there.
I met
Michael once,
and I reached
out to him.
I was like,
Michael would
do for another
link-up because
there was so
much value in
just having lunch
with Michael for
an hour.
So imagine
meeting with
multiple people,
what that means.
I always enjoy
hanging out with
Paige.
You know what I
mean?
I wish
Adam would
be there,
but Adam's
too rich for
us, I guess.
Paige, what's
going on, man?
Hey, great.
I can't believe
I finally looked
up at the
clock on a
Saturday, not
at 4.30, and
said, oh, I
missed it again.
But great to
see everybody.
I see Mrs.
XYZ down
there.
I know what
you're called.
Hey, I love
Harrison's comment.
I'm in the
car.
I'm heading
out of town.
Your thought
was digital
detox, but I
love what he
said, which is
you tell the
family you're
going to work,
you tell work
you're spending
time with the
family, and
then you just
bury yourself
somewhere where
you can just be
productive.
You know what I
mean?
So I love the
way he said
that, just
going somewhere
where I can
get some work
done.
I hear you.
What's new
with you, Paige?
Any sales?
Any pickups?
What are your
thoughts on the
temperature of
the domain
industry these
days?
The domain
industry.
I have a lot
of thoughts.
Helping
Freename
still, working
with them to
launch a
registrar here,
so it really
made me ask
the question,
what do I
want in a
registrar in
2024?
That got me
thinking about
what am I
doing?
What do I
want to be
doing in
domaining?
So a lot
of thought,
a lot of
portfolio review.
I may
finish this
week, literally
reviewing almost
every name in
my portfolio,
dropping a lot
of them.
You know, like
we talked about
a couple months
ago here, that
you've had it
for six years,
you know, you
got it for
reg fee, you
got 70 bucks
into it, it's
easy to say,
oh, I'll
outbound it, you
never do, just
let it go, you
know, and I'll
always be putting
new money to
work, so doing
a lot of
that, and I'll
tell you, I'm
also playing
around with
meme coins-ish.
I see, you
cut that
bar.
This is the
most amazing
thing, I mean,
I sat there
Friday, I was
not invested in
this coin, I
wish I would
have been.
I watched a
coin go from
a hundred
thousand market
cap to
4.2 million
in an hour
and a half,
then back down
to 2 million,
back up to
3 million, and
now it's
back to
400,000, and
you say, well,
why am I
doing this?
It's stupid, it
is, but this
is where there's
liquidity, that
liquidity that we
think should be in
the domain space,
you know, the, oh
my gosh, I can
own this digital
asset, let me
buy it right
now.
It's not, you
know, and so I'm
kind of going to
where it is to
kind of get the
vibe there, so
I'm doing
crypto domains,
which will be a
new store, and
I learned an
interesting lesson
with the outlet,
and I'll finish
with this.
I closed down
the outlet, put
it on hold, I
put all the
names up for
3,500 on
Afternick two
months ago, and
I ended up
selling two of
them, and I
know I wouldn't
have done 7,000
in the outlet
selling names at
69 bucks and
79 bucks, so
over the years
there have been
people who have
just priced all
their names at
49.95, they've
said it's mostly
luck, it's mostly
kismet, see what
happens, but as
long as you make
some magic, you
know what I mean?
Make it at a high
number, because
that's higher than
I normally would
price names for.
I'm normally a
14.95, 19.95,
lately 9.95
person, so that's
been interesting, and
then this last
week, changing all
my name servers
away from Dan,
Afternick is so
messed up.
Right now, if I
get an inquiry on
Afternick and I
go to input a
price, a different
domain name shows
up for me to
enter the price
in, so that's
probably taking up
a lot of my
time, so yeah, I'm
pretty busy-ish.
Organizing the
portfolio, getting
ready for a nice
closeout to the end
of the year, you
know, that's
amazing, so that
is a good question.
What would you
want from a
registrar?
I don't know, I
just want good
prices, I guess,
good customer
service, lots of
options, and I
don't want to feel
like, oh, if I
went to this other
registrar, I could
have got it for
half off, right?
I guess that's it
for me.
Michael, what would
you want from a
registrar?
I think, well,
price always comes
up, right?
You know, wanting
to not be overpriced.
At this point, I
wouldn't necessarily
say I want the
cheapest out there
because when you
have a portfolio,
you've got more
needs.
You know, I like
the ability to
download everything.
Great to have, like,
spreadsheets, ways
that you can create
spreadsheets of all
your domains and
sorting abilities and
have maybe somehow
to tie them into if
you do have them
posted or, you
know, being able
to see all of your
name servers at a
glance or get an
alert if your MX
records are down or
just things like that.
A little bit more
functionality for
those that have, you
know, let's say,
more than 100
domains.
That would all be
great.
That would be like
the domainers
registrar.
Yeah, and I think
if you're looking at
GoDaddy, one of the
reasons why I believe
GoDaddy has been
very successful is
they emphasize
educating the
customers, right?
I think that's why
GoDaddy purchased
DN Academy.
It definitely helps
them retain people.
I like the domain
discount club.
I love the fact that
I have a premium
rep.
The other day I
called him up and
I was like, hey, I
didn't know the price
of .io's went up to
50 bucks.
And he was like, hey,
Ish, I'm going to
send you a code that
you can use to reduce
that.
Like, to me, that
just means the world.
Like, just that
going out of their
way to retain you
and appreciate you
as a client.
I think that's
pretty cool.
Hey, Michael, it's
Paige.
I appreciate those
comments.
I don't know if I
want to be successful
with free names
registrar, but if I
was building one, I
would make it exactly
what you just said,
the domainers
registrar.
I'm a domain only,
don't care about
hosting, don't care
about WHMCS cloud
hosting, don't hit
me with offers, but
whatever you give
me, give it to me
in bulk.
You know what I
mean?
You give me a free
one-page builder,
fine, I want it in
bulk.
You give me landing
pages, fine, I want
them in bulk.
You know what I
mean?
And so, I don't
know how much of
that I'll be able to
get in, but I hear
you.
And then, when it
comes to price,
it's, like, you
can tell when a
registrar's being
greedy.
You know what I
mean?
Like, I have some
names at Name
Silo.
I go to renew
them, $17.99 for
a dot-com.
And if it hits
grace period, you
can't transfer it
out.
You know, but I
bought them on
expired auctions.
I didn't renew
them, but I got to
pay, right?
That's called
gotcha.
Yeah.
Now, community
tip, if you are
with Name
Silo, and you
click their
discount program, I
used to think it
required a lot of
money, but it
doesn't.
You just have to
pre-fund your
account with at
least $50 every
time, you know,
where you put it
into the account.
And you need that
money to be able to
bid on expired
auctions.
So, I was able to
take the boring
time on a Tuesday
afternoon and say,
how can I save
Which a lot of you
guys would be like,
dude, just pay it.
No big deal.
But it wasn't
that I didn't, it
wasn't the five
bucks, it's like,
I want to be
optimum, right?
I want to be
optimum domaining.
So, I did find
that out.
But what I mean
by that is, the
whole relationship
and this, you
probably told this
story over the
years, between
price and value.
You know, if I
was running a
registrar, I
would want to
charge $15 a
name.
And you say,
well, you can't
because someone
else is charging
$7.99.
Great.
Give me value
to make up the
difference.
Give me
information, give
me services, give
me products, or
help me sell my
names faster, and
we'll pay for the
value.
That's what Squad
Help proved, in
my opinion.
If you sell my
names faster, I'll
pay you a higher
commission.
So, anyway, that's
some of the
thoughts I have.
Yep, I
appreciate that.
Speaking about
Squad Help, two
new marketplaces
emerged recently.
Domain Easy, and
one I think is a
rebrand, which is
Aftermarket.
Has anyone
tried those?
And, of course,
you know, we
got to mention
UD Marketplace,
Unstoppable
Domains.
Have you guys
tried these new
marketplaces?
What would you
want from a
marketplace?
And, you know,
let's give Matt
some feedback on
how we can, you
know, what we
would like from a
marketplace.
Because I think
right now a lot
of people are
bitching about,
oh, there's no
more Dan.
Well, Dan's
gone, you know,
after Nick is
ran by the
daddy.
But we always
have options.
I had an
inquiry from
Cito, and it
kind of like was
like a smack of
reality.
Like, yo, listen,
don't over
underestimate
Cito.
Like, you know,
maybe that's
where I'm not
optimized, right?
Let me go back
out there and
make sure that,
you know, my
names are
actually listed
at a price
out there.
Because my
names on Cito
just have
make offers.
So I get
these little
offers and I
sort of dismiss
them.
But, you
know, put
yourself in a
position where
you have a
higher probability
of selling at
a desirable
price point.
But I think,
you know,
obviously we all
know that the
more distribution
you have, the
more visibility
you have.
But these new
marketplaces
shouldn't be
overlooked.
What are you
guys' thoughts
on domain easy
and aftermarket
do you plan and
unstoppable
domain names?
And maybe Matt
can tell us why
we should consider
unstoppable domain
to list and
sell our names.
But what do you
guys think about
these new
marketplaces?
I've actually
got a few
names pointed
at domain easy
right now.
Just mainly my
make offer names
and I have
one dot now
just because you
can't really list
it with any
other place.
It's got a lot
of potential.
I like that you
can, the main
allure for me is
that I could use
my Grok
created logos
on the landing
pages and they
look good.
So I was able
to do that for
all the names I
have on domain
easy and they're
all, like I said,
they're all make
offer just mainly
because if I'm
doing make offer
there's no reason
to list them
with after nick
landing pages or
anything because
why pay that
commission?
If they're make
offer then, you
know, I could, I
could always switch
it at the last
minute if it
comes through
after nick.
I could, you
know, change
their name
servers if I
need to right
before a sale.
But if not, if
they come to the
landing page, then
there's pretty much
no commission
other than what
you're paying the
payment processors.
As far as
aftermarket, what
I'm doing with
that, I've never
used them for
landing pages, but
I use them to
keep track of my
portfolio.
I just recently
started doing this
to make sure that
all the prices
are the same
across CEDO,
and after nick
and you could
do it with
Dan, but Dan's
not really around
anymore.
And just today I
was fixing a
couple of issues
I had with
CEDO where I
noticed that some
of my domain
names were listed
with the previous
owner, so they
had a different
price and they
obviously weren't
under my account.
So I was able to
see which domains
they were and I
added them to my
CEDO account and I
was able to adjust
the price.
And I also had
some price
mismatches, just
a few of them
on After Nick
and CEDO again
and I was able
to fix that.
So for that
purpose, After
Market is really
good.
As far as their
landing pages, I
haven't messed
with them yet.
They look like
they have
potential.
I'm kind of
waiting until
they make the
big changes that
they said they're
going to be
making to update
them because their
pages are kind of
updated and I'm
not really crazy
for how they look
right now.
I like their
functionality.
I like a lot of
the options they
have.
I'm just kind of
waiting to see
what they do with
And yeah, and I've
also messed around
with the Name
Pros free landing
pages.
You know, they're
kind of cool too.
You can do the
make offer and
they're limited in
the design.
They're too dark
right now, but they
said they're working
on that as well and
you can also upload
images with that.
And, you know,
they're adding more
and more features all
the time.
So that's another
option for somebody
who just wants
to list their
domain name and
not have to worry
about paying
commission for it.
Hey, Adam, is
that Harrison
among marketplaces
live on the
aftermarket is
domain.io, right?
Just the same
thing, right?
Yeah.
And but that's
but that's live to
do that because
man, I love that.
And there was a
backdoor way to do
it at GoDaddy when
Mike Seiger was
there.
But is that live
now?
Yeah, that's live.
I just uploaded
all my names.
What you do is you
upload your names
and you set a price
for each name,
whatever, whatever
the price is.
And then it
automatically checks
Cito and
Afternic and
looks at what
prices those are
listed for.
And it'll tell
you if there's any
errors in pricing
that, you know,
the prices are
different across
the different
marketplaces.
So, yeah, it's got
some cool features
like that.
Wow.
And to me, that's
AI when when you
can say like
like there's a lot
of AI that's just
task automated
task.
But wouldn't it be
great if you could
just say, is there
anything wrong with
my portfolio?
You know, I mean,
that's that would
be AI.
But it's my idea
about these two
you mentioned
aftermarket and
domain easy is
it's a people
business.
And, you know,
Amar and did
Chris Ambler go
with aftermarket?
Anyway, he's
been around
forever.
Invented
reseller at
Enom, the
original applicant
for web.
And then if
Richard Loud
joined domain
easy, I'm in
full stop.
He's just a
successful business
creator.
And I think
that he takes
the mind of
the customer,
you know, with
what he did
with logo.com
and with
DomainFest.
So I'm
excited with
the options.
And Nisha, if
you do a
virtual show,
the two
sessions that
I want when I
did the domain
show that I
never got to
get to were
one, landing
page options
for domainers.
And just from
an independent
point of view,
lay it out
there.
And then two,
wholesale options
today.
You know,
December 2024.
And, but
the landing
page one, I
think would
be great just
to look at
all these
products and
stuff.
A great
question.
You know, you
guys, you
guys are
missing out on
Unstoppable
Domains.
What does
Matt have to
do, give
away a
Bitcoin for
you to
try it
out?
Matt,
talk to
him.
Why do
you think
these guys
are overlooking
Unstoppable
Domains
marketplace?
Well, I
think a
big part of
it is we
aren't
officially
approved as
a registrar
for all
the domain
extensions
does that
matter?
We're still
waiting.
Yeah, but I
don't think
these
marketplaces
need approval
to see,
right?
They're not
registers either.
Well, you
know, if
people want
to transfer
in, or
you know, if
you want to
list by
pointing a
name server
record, we
don't have
that out yet.
So right
now the
marketplace is
really focused
on Web3
only.
But we'll
announce it
when we're
more ready
for .com,
just waiting
for approvals
on a few
things, and
then also
to push
some more
tech out.
So right
now the
marketplace is
Web3
focused.
We've had
over 20,000
people list
their Web3
domains for
sale.
We've had
tens of
thousands of
dollars in
sales, which
is not very
much for
marketplace, but
it's better
than zero.
So we're
seeing people
use it in
the Web3
world.
I do think
it's the
easiest way
to buy and
sell Web3
domains because
you can pay
with a credit
card or
PayPal.
And we're
going to start
focusing more
on .coms
probably Q1
next year,
like January,
just trying to
get all our
ducks in a
row.
So I love
listening to this
though.
Lots of good
information on
what we need
to build.
I appreciate
Absolutely.
Yeah, so this
has all been
exciting.
I love the
fact that you
guys are already
trying out this
new marketplaces.
I'm too lazy
to try them
out.
So yeah, that's
the power of
community.
Adam, this is
why Adam is
successful.
He's always
willing to
extend himself
and do what it
takes to get
his name sold.
Adam, let's
talk about
recent sales.
Any recent
sales?
It's been
kind of a
slow week.
let's see if
anything, I
probably just
did one
sale or this
might be a
week where I
got none.
You had one
technically a
week ago during
the last
session we
had.
Right.
I did have
one.
I have, I
don't know if I
mentioned it
was Australian
beer.
I made that.
Oh yeah, that's
right.
Australian beer.
I saw that.
Okay.
So yeah, that
was on the
15th.
So yeah, I
guess I did
have one this
week.
So I sold
that and that
name I've held
for a long
time.
I mean, that
name was
that a
hand wrench.
No, no.
I won that
from a old
drop catch
auction like
16 years
ago.
So that's
just been
sitting on
One of the
many names
that are
just holding
on to it,
you know,
just, I
liked it when
I picked it
Right.
And didn't
think of it
anymore.
And, you
know, had
it listed
and, you
know, eventually
it sold.
That's, that's
what happens.
So I, I
really, you
know, I've
been having a
problem getting
payment for
one of my
other names,
you know, the
member of
mystery hunt
that I sold.
Yeah, that
was an
afternoon.
Yeah.
So, so I
got an email
from them
after I sold
it and they
said, you
know, we'll
contact you in
seven to
10 days, you
know, about
payment.
So 10 days
go by and I
don't hear a
thing from
them, nothing.
So, so, you
know, I
wait to the
11th day, just
just to be
sure.
And then I
email and
two days
later, no
response.
So I send
another email
and this is
to the
transfer
assurance, you
know, basically
just reply to
the email.
It's the
TA at
afternick.com
I think.
And then
still nothing.
So I hear
absolutely nothing.
And so I
contact my
account rep
and, you
know, ask
him about
it and he
says he'll
look into
it and he
says even
they don't
have a phone
number for
the TA
department.
It's like
there's no
way to contact
them other
than through
email.
So he
says he
raised the
issue with
his manager
and they
escalated
it and
he's waiting
here back
and it's
been two
more days.
So this
started on
October 3rd
and it's
now October
19th.
And you
know what?
I understand
there are
delays in
payment.
You know,
it sounds
like this
was sold
through a
partner
network.
So it
sounds like
maybe the
partner
network is
having an
issue getting
payment from
whoever bought
it and that
can cost
slowdowns.
And you
know what?
I understand
that.
But the
problem is
the lack
of communication.
They should
update you.
They should
tell you,
okay,
we're having
an issue,
whatever.
You know,
I'd be fine
with that.
As long as
you keep me
updated,
no problem.
But you
keep me in
silence and
you don't
respond to
my multiple
emails and
I have to
have my
account rep
look into
it and
even he
has a
problem getting
in contact
with him.
You know,
that's one of
the many
issues that
After Nick
has.
And I've
never had this
problem before
with After Nick.
I've never
had a problem
getting payment
from them.
This is the
first time.
But, you know,
I've heard from
other people
that they've
also had
issues.
It's a bit
concerning
because I've
seen people
post about
not getting
paid,
but I
typically
dismiss it
because I've
never had
an issue
getting paid.
But that
one hits
close to
home.
I was
thinking maybe
because these
guys were
overseas or
whatever.
Yeah, so
hopefully that
gets resolved
and you can
go have a
nice steak
dinner to
celebrate the
sale.
Oh, yeah.
Or a nice
Australian beer.
Cheers, man.
Michael, anything
in the works?
Any acquisitions
lately?
Nothing big.
I've got,
looks like I'm
getting into the
coffee business,
so I've been
quiet about
that.
Congratulations.
I've got,
I'm waiting
on a package
coming in,
so I've been
working with
somebody where
somebody's going
to be developing
one of my
coffee domains
as kind of
like a mail
order service.
So first
thing I know
is I'm going
to be getting
a whole bunch
of coffee.
So that's
going to happen
and they
want to brand
it with my
domain, so
we're figuring
out how we're
going to do
this where
right now
how it works
is I'm
actually going
to get a
cut versus
leasing it
to them.
I'm going
to get a
cut on
sales.
So yeah,
so it's
looking good
right now,
so I think
I'll be excited
about that
and I'll have
more news.
That's probably
going to take
at least 30
days for it
to play out.
I'll have more
news on that.
Is it too early
to share the
name of the
domain?
coffee near
me dot com.
Oh, wow.
So it's a
high, high
search domain.
I've held it
for a long
time and
it's one of
those things
where on the
back end
there's talk
of building
out a
directory of
all the
coffee houses
in the United
States but
excluding the
places like
Starbucks and
Pete's and
stuff, only
going to
independently
owned coffee
places and
really pushing
the experience.
So we'll
see where it
goes.
I've done
stuff like
this before
where it's
exciting for a
couple of
months and
then people
drop off and
I end up
with my
domain back.
So we'll
see how this
goes.
But that's
kind of been
my focus
this week.
And let's
see, I've
only picked
one or two
domains so
far this
week.
And no
sales.
One or two
means five.
We get it.
It's all
good.
What's
going on,
Paige?
Hey,
Michael,
man.
So I've
got a
business plan
and it's
funny because
I just
pitched it
to a guy
here in
Tennessee
this week.
Not a
business plan,
an idea.
Same thing,
directory of
pure coffee
houses,
i.e.
non-Starbucks.
you know,
you know,
what's the
best domain
name for
this?
I'm not
joking.
Paige,
Paige,
Paige,
coffee,
coffee.
Okay,
so I,
so I have
coffeehouses.com.
I think
of course,
I'm just
teasing
a hedgehog.
But anyway,
so I,
so I
bought
coffeehouses.com,
you know,
20 years ago
thinking,
I'll do a
directory of
coffee.
This is back
when,
when the
coffeehouse
was an
experience.
You know
what I mean?
It wasn't
just push a
button,
get a
latte.
You know,
it was a,
it was an
experience.
And,
and,
and,
so I'll
probably stay
connected with
you on this
one,
Michael.
Maybe there's
a way to
try both
brands to
do the
same thing,
the same
directory.
yeah,
that would
be fun.
Hey,
what are you
guys brewing
over there?
A beer
coffee gets
sold out.
And,
and,
and,
but we'll
put ish in
a little
something,
something since
we made
the deal
on his
show.
What's
that?
Every
cappuccino,
every
frappuccino,
you better
get a shirt.
I want
You get
a freak
over there.
Hey,
congratulations.
so I
used to
be a
member of
this thing.
The chart
house was a
series of
restaurants.
I don't even
know if
they're still
around.
Yeah,
I used
to love
the chart
house.
They were
great.
So they
had a
thing where
if you
went to
like 20
different
ones,
you know,
you got
bonus points
on your
bonus points
and then
people were
like,
I'm going
to go to
every one,
you know,
and I
thought,
wouldn't it
be cool to
have like a,
you know,
an independent
coffee house
guy and
then you
got points
for everyone
you went
You know
what I
mean?
Because people
just want
something to
So that's
now you
got me
stewing on
coffeehouses.com
again.
I love it.
when two
people are
thinking about
the same
thing,
that's
called
you guys
better get
to work,
right?
That's what
that means.
That's like,
that's a sign.
Paige,
go ahead.
Well,
I want to
congratulate.
I was agreeing
with you.
I was agreeing
with you.
In fact,
the guy that
I'm collaborating
with is in
not Malta,
but one of
those islands
over there,
Sicily,
whatever,
whatever.
And he
runs a
little,
a string
of like
four of
these coffee
houses in
Sardinia or
I don't know,
one of those
ones,
you know what
I mean?
And so he's
after the exact
vibe,
you know,
just the
hangout place,
the third
place,
the coffee,
the music,
the books.
And,
well,
coffee is the
number one
drug in America.
It just happens
to be legal.
you know,
coffee near me.
I love it,
man.
Coffee near me
and coffee
houses.
Dot com have
collaborated in
the first global
directory of
independently owned
coffee houses in
the world.
Yeah,
I want to,
I want to
congratulate
Hedgehog on
his first dot
com sale.
it wasn't a lot
of money,
but it validates
the fact that
diversifying pays
off.
It's sold,
get web three
domains.com for
$800.
So round of
applause for
Hedgehog on
that.
Hedgehog is
officially a
domain.
I love it.
Yeah,
this guy,
was registering
all type of
names.
So it's good
to see him
make a sale.
It was an
afternoon sale,
but let's talk
about some of
the top sales
this week.
as reported
on name
bio.
if I would
ask you guys
and I want
to do this,
I'll tell you
mine.
If there are
three,
if there's
give me
two to
three TLDs
outside of
dot com
outside of
dot AI
that you think
have potential
mine are
dot CV
and dot ID.
I love
dot CV.
I think
dot CV is
going to do
amazing stuff.
Well,
full disclosure,
they're a
sponsor of my
conference.
I know what
they're working
They just
announced a
new app.
And I
think that
anyone who's
going after
enterprises and
has a real
digital identity
solution that
has an
implication in
the real world
has a fighting
chance.
I think dot ID
is similar as
well.
Dot ID has
some sort of
Web3 potential.
so those are
my two
favorite
TLDs,
CCTLDs
that aren't
in the
spotlight right
now.
So don't
slip on dot
Dot CV is
available on
Ola dot CV,
Ola dot CV.
They've been
announcing,
they've been
making some
sales,
Apple dot CV,
a couple of
pickups.
you know,
this time next
year,
you guys are
going to be
like,
Ish was
pushing dot
You guys
were shilling
dot CV.
fuck you.
Yes,
I am.
Okay.
so check out
dot CV and
make your own
decision if it's
something that you
feel like is a
fit.
But,
you know,
I believe dot
CV is going
to do very
well.
And I also think
dot ID is going
to do great.
do you guys
have any
favorite CLDs?
I know Adam
has been selling
a couple of
dot VCs lately.
any,
any,
any,
any ones you
guys like?
You know,
I've said this
before.
I really like
the dot CV.
not,
not so much as
a domain or,
but for an
end user,
you know,
having literally
a dot CV.
So any of us,
your name dot CV,
I think would be
the first pickup.
and then what
comes to mind
scrape something
like LinkedIn
and look for,
you know,
what are the top
50 industries
that you'd want
CVs for,
and go down
that path
if you were
going to go
down a registration
path.
you know,
go do a little
bit of a deep
dive and see,
like,
is there a
combination of,
of categories
that are short,
that would be
popular
and,
and pick those
And I don't know
what the registrations
are on it,
but I like that.
you know,
long been a fan
of we're seeing
.NET's making
a comeback.
I hope that
continues.
I still like .NET
for some,
some cases,
some uses.
I'm still a big
fan of .org.
I think in certain
things,
like many times
I see in healthcare,
.org is,
is a great
extension to have.
you know,
it's not good
for what we get
into,
like,
you know,
poker or gambling
or things like that,
unless it was a,
you know,
gamblingaholics
type of thing
like that,
that a .org works.
But those are my
favorites.
The,
the old ones.
The old basics.
I love it.
I love it.
The fundamentally
sound ones.
Okay.
anyone else has
any favorites
that they are
willing to share?
Adam or Paige?
I mean,
I like .co,
you know,
as a,
it's funny.
I think it is an
investor.
There's a lot of
potential.
of course,
I would use a .co
for anything just
because I don't like
the confusion factor
with .com.
I know a lot of times
if I'm going to a
website and I have
already typed a .com,
it automatically
autofills the com
if I start typing .co.
So that's an issue.
And,
you know,
there's a lot of typos,
but as far as
an investor,
I think,
there's a lot of,
sales to be made
and I think the
prices are good.
Just this last week,
there's been a lot
of .co's that have
dropped that are
still available,
in auction.
I mean,
it's,
it's like .co week.
I like,
obviously,
like you mentioned,
.vc,
you know,
it's not a high
volume,
extension,
but it seems to be
a pretty steady
one.
And it's,
it's already been
adopted by,
you know,
the,
the,
community,
venture capital
community,
community.
I like .app,
even though it
hasn't been used
too much.
I mean,
there was a big
sale recently for
I'm just,
you know,
picking them up
when I see them
because I think,
down the line,
this extension
might get it,
gain a lot more
popularity.
I love .gg,
even though there's
really not a lot of
sales data to back
it up too much.
it's,
I think the target
for .gg is
mostly smaller
website operators,
not really big
companies,
even though it's
been adopted as
the,
the gaming
extension.
I mean,
the big gaming
companies are
going to use .com
no matter what,
but the smaller
ones we use .gg
and a lot of
the fan sites
and the clan
sites and the
guilds and all
those,
use .gg and,
and a lot of
utilities use .gg
for gaming too.
and then,
I do have
one .id.
I think it's a,
it's a neat
extension.
I don't really,
haven't really
looked too much
into .id other
than I do scan
the list and if
I see a good
name,
you know,
I'm definitely
going to go for
And,
I think that's
it for the
other extensions
that I've really
been paying
attention to.
No one
mentioned .si,
huh?
Super intelligence.
I mean,
I'm not a fan.
I just see people
talking about that
shit.
Paige,
what are yours?
Well,
I'll talk
to my book,
but it's,
it's not,
I'm not being
paid by any of
these.
Well,
I am being
paid by .la,
but,
it's my money
in there too.
So LA,
just got back
from the business
show in LA.
It's a micro,
let's go.
It's a,
it's a micro market
compared to globally.
You know what I mean?
Because I live in LA,
I've been seeing a lot
more .la's.
The other day,
I was looking for a
venue for another event
that I'm planning on
doing next year.
And there's a venue
called Academy.la.
And I was like,
I thought about you.
And I saw that.
And I've been seeing
a lot of ads,
with .la.
Like,
maybe because I live
in LA,
obviously.
and I see them,
you know,
on display banners,
left and right.
It's,
you know,
it's one of those
things you think
of a red car,
you start seeing
red cars.
But,
well,
yeah,
I mean,
it's,
you know,
for us,
it's good.
It's hard to speculate
in because they're,
you know,
they're about 30 bucks
a year,
but that gives me
as a,
as a retailer of them
great availability
where like someone
like Academy.la,
was it,
they were probably able
to hand-reads
Academy.la,
you know,
the perfect one word
for them.
that's a different market.
and then I play,
I still play in the dollar market
with,
with XYZ.
so when I get a $500 sale,
it's 500 to one.
As I've said before,
I'm addicted to domains.
I'm going to buy them.
when I don't know
which way the market's going,
I like being cheap.
Julie and I are still doing CFD.
I like that one.
And then,
and then WS has always been
my favorite.
that's where I'm going.
I got technology.ws.
Make me an offer.
I don't,
I don't know why
I bought that name,
but hey.
Well,
you have the,
you know,
I got,
you have a couple IDs.
I have triangle ID.
I have Doug.id
because it's my brother's name.
I got lifetime ID.
I got
pre-name ID.
So yeah,
lifetime was the one I liked.
I bought it expired last year
and,
and,
I liked it.
Lifetime.id.
I do think that the .LA
for,
for Los Angeles is great.
I have one for a business
in Los Angeles
and,
I think that that's a,
a great,
you know,
you can get your brand .LA
running around on your food truck
or whatever.
that,
that's something like
if somebody had coffee.LA,
something like that,
you know,
or those kinds of things
and you're in the LA market,
anything in,
in LA,
cause people in LA,
I think go,
okay,
it's Los Angeles.
So local.
Great.
It's a great micro market.
Shit.
We're bigger than most of these other countries
in terms of population.
Absolutely.
And the big thing is,
is that the U S skip geos,
because when the internet started getting popular
in 99 and 00 and 01,
and you wanted a dot U S,
you know,
if you'd have to be like,
pair,
you know,
Ajax signs.co.
Cause you were a company.
Dot CA.
Cause you were in California.
Dot U S.
So that that's what was offered to you at the time.
That's why you see so many cities still have like,
you know,
Santa Barbara dot gov dot CA dot U S,
you know,
because they,
and that's why everyone just skipped to.com.
They're like,
it wasn't that everyone thought they were a global business.
It was that the geo.
Didn't make sense.
Cause you didn't want to have four dots,
you know?
so whereas if you were in Spain or Italy or Canada or Australia,
the,
the local TLD is a,
is a real option.
You know,
your country is a real option,
but once U S was dead,
it was,
it's always dead,
right?
You know,
it's hard to bring it back.
So when I talk about LA,
it's because it is the next time it's calm or LA and just find the best
calm and then find the best LA compare them.
That's what I tell people,
you know,
and then see which one you like.
But the,
the idea that we skipped the U S here is still has repercussions all these
years later.
Yeah.
The U S never really took off.
I agree with that.
Well,
let's talk about the,
the top 10 announced sales.
this is from name bio.
Number 10 was brain.dev.
No one mentioned .dev.
but before that,
I think media wizard just joined us.
I'm sorry.
You want us to chime in?
Yeah.
It's summit brother.
How are you?
media wizard.
Good,
good.
You finally left.
Do they kick you guys out?
Do you guys still hang out there?
Get out of the clubhouse.
I've attended a lot of your rooms.
I just don't come up as a speaker.
you've been on the low.
Okay.
Gotcha.
Gotcha.
Well,
thanks for joining.
Anyway.
So yeah.
So ccTLDs basically there are two types.
One is the refashion types,
which are like .tv,
.ai,
.co,
.io,
et cetera,
et cetera,
.gg.
I think all you guys have already elaborated on those.
The other ccTLDs are the country codes,
which are used locally,
like DECA,
com.au,
.in.
.in is the only one of the ccTLDs of the top countries,
which does not have a nexus.
Even .us,
you need a nexus.
You need either to be a permanent resident of the US or have a company there or whatever.
Same with .ca,
.co.uk,
.com.au,
.co.nz,
all of these in Japan,
.co.jp and all that.
And I agree with Pidge.
The way the market is now,
nobody wants more than one dot in the domain.
Right?
Because beyond the single dot,
it's game over.
The third level ccTLDs are,
a waste of time.
Like in India now,
they have 32 new extensions.
Anything dot,
like .ca.in or .io.in,
.ai.in.
It's just too much noise,
right?
So either it's .in or it's .au.
And that's pretty much why both UK and Australia are moving to the two letters ccTLDs.
Only their adoption will take time because they've just been using the third level for so long.
Like .com.au used to be the de facto for Australia.
Moving to .au is not as big,
but I was talking to Nathan the other day from above.com.
And he said that there is marked interest in the .au.
Similarly, .uk is picking up.
It's not as popular.
Sam Charles was mentioning that there are some sales,
but it's obviously not as valuable as .co.uk.
As far as .in is concerned,
it's a massive local market.
We're talking about one-sixth of the world's population.
It's open to everybody.
There's no nexus requirement.
There are a little crappy rules,
but if you're infringing in any extension,
that's a stupid game to play.
But if you can get some generics and all that,
not easy now because I think they're almost like 4 million domains registered,
if I'm not mistaken.
But,
and I just heard recently.
Hey,
wasn't there some confusion though?
And great to hear you.
Great to see you.
And about whether you could resell,
whether offering it for resell,
they could take it away.
What's the 2024 update on that?
Go ahead.
So as far as registrars are concerned,
they are not able to resell the domain names.
That means if you're a .in accredited registrar,
like GoDaddy is,
or like Dynadot is,
you cannot auction them or you cannot sell them.
That's why AFNIC no longer allows listing of .ins.
CEDO has no problem listing it because they don't have a registrar.
Similarly,
daaz.com,
D-A-A-A-Z.com,
they don't have a registrar.
So they have no problem selling it.
Individuals,
registrants,
there are no rules,
except for the standard rules,
which apply to say a UDRP or something,
right?
You don't buy Coke.in and try and sell it to Coke.
You'll end up in trouble.
That's stupid in any case.
In fact,
if you go through the INDRPs,
they're available on registry.in.
It's pretty much like UDRP.
You will agree with most of them because they're obvious,
you know,
obvious cybersquatting.
Very randomly,
you will lose one odd name.
But in terms of percentages,
I don't think it's any worse.
In fact,
I don't think it's worse than any other TLD.
There are some pretty bad UDRP decisions also.
So that's always there.
But .id is Indonesia.
I haven't really looked into it.
But Indonesia does have some local restrictions,
which you should be in Malaysia.
They removed that and they made it available for everyone.
I understand,
but these are Muslim majority countries.
They have a lot of restrictions,
which you might not be aware of.
Similarly,
.ee,
.qa,
a lot of these.
So are you saying you shouldn't buy .id and buy .in?
I have made money on .eg.
I've made money on .gd.
I've made money on extensions,
which you probably know.
What is .gd?
Geez.
I'm,
yeah,
Granada.
Yeah.
AG is Antigua.
I sold slots.ag
and onlinecasino.ag
and a few other gambling games
for about two and a half K each,
two K each.
This was 10,
15 years,
12 years back.
So it's not like you can make money
on any domain name
as long as it makes sense.
And it's tougher aside from .com.
The sell-through rates are lower.
The prices are lower.
I can't ask for a similar price to .com,
but the way I do it is
I look at a .in
and I price it at about 2%
or two and a half percent of the .com.
Not even.
I'm talking about .com wholesale.
But that's a good price point to have,
right?
And .gd and all,
.im,
I recently have bought a whole slew
of .im domains.
The reason I did that was,
I'm sorry for taking so much of your time,
but I'll just use it.
No, you're good.
Let me ask you a question.
What's the top sale .in name
you sold in the secondary market?
My top sale was 18 and a half grand.
I won't tell you.
80,000?
But if you go to 18.5.
I'm sorry, 18,500.
Got it, got it, got it.
I know Paul saw one for 25 grand.
Yeah, there's .in sold for 65.
There have been six-figure sales,
which I'm aware of,
which are not public.
But if you go to DN Journal's 2023 results,
the top sales,
you know,
the CCTLD sales,
there are quite a few sales.
There was one for 30k,
one for 20k.
Open Learning sold for 15.
Paul sold one for 20.
Paul's had quite a few 20k sales,
by the way.
So it's not uncommon.
Only .in,
because nobody wants to attract attention,
people don't generally,
I don't report any of my sales,
whether it's .in or .com,
but that's an entirely different matter.
Anyway,
I've been investing in .im also,
which is Isle of Man,
because it's being picked up.
Like if you look at the sites
currently developed on .im,
they're all following this AI model.
Monica.im is by far the best site I've seen.
But there are tons.
There are almost 3,000,
4,000 sites on .im.
And what Todd Hahn of Dynadot said,
he's the CEO of Dynadot,
he said that it's the fourth largest growing
CCTLD after,
the fourth largest TLD related to AI
after AI, IO, bot,
it's .im.
And .im is cheap.
What is the correlation with I.im and AI?
Instant messaging.
Got it.
Interesting.
Something along those lines.
Though you can also use it for internet marketing
and all that.
Yeah,
sounds like a bit of a forced narrative,
but I get it.
Let's talk about the Taktan.
I know,
but I am like,
if you see most of the sites,
they're related to .im.
Yeah,
got it,
got it.
And AI bots and all that.
I mean,
I think I've taken up a lot of time.
No, no, it's very valuable what you shared.
And it's a global perspective.
And it's almost like,
I feel like I'm at the CNN world headquarters
and we got a reporter on the field in India
giving us real-time feedback.
So yeah,
we're global,
man.
Reporter in India started the CCTLD forum on name pros in 2009.
There you go.
An expert in India,
excuse me,
not a reporter.
Okay.
Now let's talk about some of these top 10 sales.
Brain.dev was sold for $27,988.
That was reported by Top Domains.
I think that's a great sale.
Brain.dev.
What do you guys think about that?
Any feedback?
A .dev name for $27,988.
Would you have registered this name if you could?
Or would you have said,
what is .dev?
I didn't know that there was a .dev.
Now you know.
Now I know.
Paige,
is this something you would have registered?
I probably got about 20 devs when they came out.
It's a Google TLD,
which your first thought myopically is,
Google's behind it.
It's going to be awesome.
yeah,
yeah.
But they just don't do anything.
You know what I mean?
They don't do anything.
And so like app that was mentioned earlier,
it's a great TLD.
You know what I mean?
I just wish it was the startup,
you know,
where if you were running it and you were sitting there going,
hey man,
we got to grow sales.
You know,
what are we going to do?
You know,
but whether these TLDs are owned by GoDaddy or Newstar,
which is the same thing as GoDaddy or Identity Digital,
they've convinced themselves that spending no money doing price promotions at the registries
and then paying for placement at the registries or registrars is the way to go.
So what I liked about Submit's comment about IM is if I have to choose between something I think makes sense
or something the market seems to think makes sense,
I'll take what the market is saying makes sense every day of the week.
So I really took his IM comments to heart.
Now,
the problem I have with these,
because I've lost a lot of money in these over the years is,
say a concert's going to start in two hours and you get there two hours early.
If the stands are full,
that tells you that that's a pretty popular band,
right?
And everyone's there two hours early and the seats are full.
But I feel like sometimes with the ones I'm investing in and these new ones,
it's just so spotty that there's a couple seats full.
So you could have a sale for 30 grand of a .dev,
but I don't know if out of the top 3,000 words,
they're probably all taken,
but they're probably all taken by people hoping that the whole thing works.
So I guess what I'm saying is I really look,
even with ID and especially with maybe CV or something like that,
it's like until the stands are full,
you know what I mean?
This is what we're trying to get to with LA.
I just think I can't risk it on dev or app,
you know,
because it's just not,
it hasn't,
it's like,
it's not sold out.
The concert isn't sold out.
Does that make sense?
You know what I mean?
Where now the tickets are on the aftermarket and who knows where the
scalpers are set the prices.
I think the term is critical mass.
You're looking to see critical mass.
And if you're tempted to go to any of these,
go to expirednames.com,
go to the expired,
the marketplace,
go to Dynadot or Namecheap
and put in some of these things
and look at what people are dropping after a year.
You know what I mean?
And I just think it'll give you a good wake up call.
The things that you think,
oh my gosh,
that's awesome.
One word,
but man,
it's got to be awesome.
You know,
like even brain,
it's awesome,
but I'd hope that that person,
if it's a speculator,
owned 60 or 80,
and then brain was the one that sold.
I don't know if you could put all your money on brain.
Does that make any sense?
Yeah,
absolutely.
And I think that,
you know,
I'm looking at other reported.dev sales.
It's not a typical occurrence for .dev sales to sell that much.
Right?
So it could be a one-off.
You know,
UI.dev is the second closest,
and I sold for 25 grand five years at Bronsito.
Smartcontracts.dev,
which is a great blockchain URL,
sold for 24 grand in 2022.
Future.dev sold for 15 grand,
and then everything is sub 10 grand.
So yeah,
that could be a one-off.
And I think someone also announced that.
I think braindev.com was available,
but they didn't,
they didn't go with that.
They went with brain.dev.
Yeah.
So it is what it is.
Like sometimes people just buy these names,
just like I was someone.
You go,
why the fuck did he pay that for that piece of art?
This is perception.
And,
and an individual,
you know,
it's not the common,
it's not the norm.
So I'm not advocating for any of these CLDs we're talking about.
We're just having a conversation.
I still believe .com is king.
Personally,
95% of my portfolio is .com.
Maybe 94.
But I,
you know,
I've made a lot of sales with other CLDs this week.
I had an offer on Cito for $1,000 for a dark club name,
and I counted it five.
And I haven't heard back from them.
They didn't decline it,
but I haven't heard back from them.
So I'm diversified.
And every,
it seems Rick Schwartz diversified.
All the top domainers seem to be more diversified than they would like to
admit.
And I think it's just the evolution of domain.
The next sale was reported by Mike Mann.
He allegedly sold Land of Tomorrow for $29,888.
And then after that,
Brayden sold Huge.org for $40,000.
And Mike Mann announced another sale on his marketplace.
Infinite,
Infinite,
excuse me,
Infinite Dimensions for $49,888.
Interesting.
Then Andy Booth announced Convergence.ai for $80,000.
There was a GoDaddy expired auction for Lantus.com.
I'm not sure if it's I-L or L-L.
Let me type this and verify.
But that sold for,
it's Lantus,
L-L-A-N-C-A-S,
sold for $90,000.
I'm sure that's an SEO domain.
Travel.ai was sold at auction for $90,000.
What do you guys think about Travel.ai for $90,000?
I think that's a great case of a .ai,
because again,
we can use a lot of AI here.
So I think it's a great fit.
I think somebody's going to do terrific with that.
What about huge.org?
You know,
it's interesting because then it's like kind of now it's,
it doesn't strike me right away.
I like that it's short.
I don't like it as much as,
you know,
something that it sounds,
usually when a really good.org,
you're going to,
you're going to hear it right away.
You know,
you say,
okay,
that's a,
whatever,
whatever the organization is.
but it'll be terrific if it's actually a huge.org and it stands for,
you know,
whatever,
whatever the letters stand for that,
that could be great.
Anyone else has feedback on huge.org or travel.ai?
I mean,
they're both,
they're both good names.
Travel.ai has got a lot of applications with AI.
And that was an expired.
That was an expired.
That was an auction listing.
An auction sale.
That was an auction sale?
Correct.
It was an auction.
Okay.
Yep.
I mean,
I hope a,
end user buy.
Travel.ai sold last year.
That's the thing with this.ai names.
They come back because people,
people will bid,
bid on them and not pay for them.
I'm pretty sure I've seen convergence.ai as well before.
yeah,
and I'm pretty.
That's a high price for an investor to pay.
You know,
if that,
if it's not an end user 90k,
it's,
it's a little risky,
but you know,
they're hot right now.
you know,
if he has a buyer lined up,
I don't know.
I just think,
I just think AI is about money management.
You know,
if you put a million dollars into AI and you've made two and a half,
you're,
you're in AI,
you know what I mean?
And you want to stay with quality.
And I think it makes it easier to pay 90.
I'm not,
you know what I mean?
I don't think if you just had 90,
you should,
you should be the one person who top picks AI in the auction at 90 and says,
I'm going to get one 50 out of it in a year or something like that.
You know,
I just think it's,
it's what is your approach to AI and the ones that can afford that,
that we're in early have made a lot of money.
They know the market.
I just don't think I can really compete with them.
You know what I mean?
Cause the,
the,
the way the prices go,
they always pass what I'd be willing to pay.
You know,
I populate my watch list on Dynadot.
The auction comes,
I sit there,
I watch them and I see where they go.
And I just don't think I can make money owning $10,000 for it.
You know what I mean?
but we all want the next one.
But that's,
I think AI is just money management.
And the second thing that makes me cautious on AI is because of the two year
hold.
I don't think we have a true glimpse of what's being renewed.
Meaning,
meaning still desired.
You know what I mean?
Cause if you think you're going to make 10 to one on a TLD,
no matter what,
just buy something in it.
And that's the way it was two years ago.
Everything gets bought.
Right.
But what gets renewed?
And again,
go to expired domains,
look at name cheap,
look at AI,
and look at three letters.
And that'll tell you the story in my opinion.
Well said page.
Yeah.
you know,
a lot of it has been interesting to observe,
right?
Like I didn't get into the frenzy,
but like,
like someone pointed out,
didn't that name sell last year?
So wishing a lot of these sales that aren't real sales,
they're announced.
Ish.
Yeah.
Hey,
what's going on?
I'm starting to cut you off.
I just wanted to chime in.
I joined late,
but,
I think,
you know,
that one for 90 K at auction,
we'll see if they pay.
Exactly.
Interesting to me is,
the ones reported by Richard CEO of name chief.
Those are all pretty much legit in my opinion.
And he reported,
I think travel agent.
AI for 90 K.
And that's going to be,
that's a pre-seed funding company.
It has a lander on it.
you know,
I think if you're talking about comparing agent or,
I mean,
you know,
travel.
AI to travel agent.
AI for about the same price,
assuming they pay for the auction win.
That to me is an interesting discussion,
right?
I mean,
who got the better buy?
It's just,
you know,
I mean,
I don't know.
It's just interesting.
You know,
that's one way to look at it.
the other thing is for brain dev.
If you look at brain dev.com,
they want 21 K.
So I think a lot of times as investors,
you know,
sometimes we're talking about other extensions and,
you know,
you think,
well,
you know what?
The,
the,
the.com wants this much and I'm going to price it accordingly.
20%,
10%,
30% of the.com.
In this case,
if the guy would have priced brain.dev for 20%,
he would have priced it for 4k.
So again,
I'm not saying right or wrong,
but sometimes even myself,
I'll,
I'll get caught up and say,
well the.com is this much.
And you know,
who's going to pay over.
And I'm not saying for you to list above the.com.
I don't agree.
I'm a.com.
Most of my portfolio,
but sometimes it's like,
you know what?
If you believe in it and you know,
sometimes these companies,
they don't want the.com.
They want something else.
And you just never know.
that's part of the pricing discovery per se.
Well,
there's a new group of,
executives and decision makers who don't subscribe,
to our domain rules.
And,
you know,
in their mind,
a.dev could be exactly what they need.
Right.
They probably wouldn't.
And then when you look at the lender for brain,
dev.com,
there's no pricing.
Correct.
It's a click.
It's a park page.
Like most people,
especially when I'm trying to buy something,
I'm not dealing with that.
Right.
You know,
and,
and a lot of these companies,
you know,
they,
they just want what they want and they want it now.
And I think it was also an outbound sale.
It was,
it was reported by top domain.
So obviously they put some effort into making that a sale,
that,
that sale.
So I don't,
I don't know if,
you know,
I don't know if we came up with this rules.
I don't know if it was outbound.
Cause if you go to his site,
he's got like some of the best names in the world in terms of,
I mean,
not scooting.com.
He has like.app.club.
I mean,
that's what I'm saying.
Like they put in,
they put in some marketing into it,
right?
Oh yeah.
He has his own blander.
I mean,
he's the one that sells the .apps and the .edu's as well for five figures.
Right.
Right.
You know,
there's definitely some marketing effort behind those names.
And you know,
they branded themselves very well.
And that gives those,
their,
their inventory more visibility,
which increases the odds of making a sale.
So if you're sitting on a .com and you're arrogantly thinking,
I'm going to get the sale.
It's not always the truth.
You know,
there are a lot of people that don't know what we talk about here or don't think
the way we think as domain is.
And they just want to,
you know,
he wanted a brain SLD and it's probably,
probably fell in love with brain.dev.
And even if you offered him brain.dev.com,
it might decline,
you know,
that's not the norm,
but there are a lot of people that just don't care about this.com narrative.
It's just the way it is.
You know,
we see companies getting funded onto all kinds of funky TLDs all the time.
What's up,
page?
Yeah.
Interesting.
.app.
You know,
I looked at .app and,
and I bought a couple of pretty chunky premiums at one time,
for a investor friend of mine,
he owns,
I think voice.app and,
yeah,
you know,
and really in there,
you know,
their premium,
they're like a thousand a year,
2000 a year,
but you know,
it's when you,
it's when you really want to,
you know,
build a company,
you know what I mean?
You know,
you,
you,
you want to,
you know,
really get crazy.
But what we found out was so many of the premiums were taken.
And it ended up being an investor group headed up by Reza,
the CEO of Dan that owned at one time,
almost 10,000 .app domains.
It's like,
wow.
You know,
but it looked when it came out,
like it would have this developer credibility,
you know,
you,
you needed to have an SSL.
Google was,
you know,
I mean,
it's Google.
I mean,
it's,
it's fricking Google,
right?
and,
everything just seemed like it was aligned.
And,
and the idea that came out with the apps too,
was this idea of,
Oh my gosh,
I forgot the initials.
I can't believe there's a way to have an app on your website without going,
through the app store.
the decentralized web app,
something web app where you can basically like,
like on domain or expo,
you know what I mean?
You could say,
download the app and someone could download the app that would give them
notifications whenever you announced a new guest.
You know what I mean?
Just like you get notifications from,
you know,
from Twitter or from WhatsApp or whatever,
you know what I mean?
And,
and that you didn't have to go to the app store,
which means you have to get it approved.
Any changes you make in revisions,
you have to get approved.
You have to give them a cut of the revenue.
You're limited by whatever they think about you.
You know what I mean?
And so I looked at all that lining up.
This is probably 2017,
2018,
maybe 2019.
And it was like,
Hey,
this should really have a chance.
You know what I mean?
And when it didn't really catch on,
I mean,
there's a lot of big sales and app.
There's a lot of great sites on app that,
that to me said,
we don't need any more TLDs.
You know what I mean?
Cause app,
I mean,
there wouldn't be a more,
there wouldn't be a better need filler.
If that's a word,
you know what I mean?
If there really was a need,
like,
Oh my gosh,
I want to start a business and I cannot find a domain name.
And we put out app and again,
it's done.
Okay.
But,
but yeah,
it was interesting that Razor's group owns so many,
I think it was over 10,000.
Well,
there might be another,
another reason why there hasn't been that much adoption.
If someone's just squatting on them and maybe overpricing them,
but I think that app is,
that's a great point.
The good ones,
you know,
people are going to look at all their options.
I think that app has done very well.
I don't know what the stats are,
but I,
I've always thought that app was a great extension.
You know,
the Indie Hacker community loves it.
And,
you know,
it's very descriptive of what it is.
And I,
there are so many apps out there.
I think it's an,
it's almost like a no brainer.
But yeah,
that's an interesting insight.
Someone sitting on some good ones.
And then also the pricing mechanism.
Like if you have $2,000,
$3,000 renewals for your premium ones,
that,
that definitely kills adoption.
Okay.
Okay.
Let's go with the,
continue the list.
the next announced sale,
was out of Australia,
a.com.au,
mortgagebroker.au,
which sold for 198,000 U S dollars,
much more than Australian dollars.
what do you guys think about that sale?
Mortgage broker in Australia,
mortgagebroker.com.au.
Any thoughts?
it's an exact match.
I haven't looked to see the popularity of it.
It's,
it's probably a popular domain.
and I don't know if that's the first thing that shows up there.
So I don't know.
I don't know their market that well,
but,
somebody clearly wanted it.
I think they'll make good use of it.
What would mortgagebroker.com be worth in your mind?
looks like it'd be worth more than that.
definitely.
You know,
so it's one of those things where if you're sitting,
if you're sitting on an exact match of that,
of that kind,
I think that you're,
you're going to be in good shape there.
In fact,
I don't know if that's an active site.
It's one of those things we go and check and find out if it's actually for sale or,
you know,
redirect somewhere,
something like that.
So yeah,
I'm going to look that up.
Yeah.
I think mortgage.
Okay.
So that's an active site.
Yeah.
Mortgagebroker.com would have surprised me if I heard that it sold for 2 million,
3 million.
No guys,
it's a go daddy and it just has their park page.
It just says this name is registered or whatever.
It's not even like there's no price.
It's almost,
it's from 1998.
and it expires.
It's,
January,
2025.
So that'd be interesting to see if it's one of those where they had to renew for 20
years and somebody forgets about it or if it'll go to auction,
that'd be a really interesting one.
Interesting.
Yeah.
If I,
on the,
on the country codes,
I think,
submit said it best,
which is there's two types of country code investing.
Natural in country used by the population and businesses.
And then there's the repurpose ones.
I think if I was getting into domaining today and I was in a country that had high internet
penetration,
I don't think you're going to have the huge flips of.com,
but I think you could do a lot worse than assess and understand what's what,
where values are in your local country's market,
become kind of an expert at that country,
at that TLD,
you know,
know where people pay premium and where they don't.
And I,
and I think that you could build a book.
Don't you think ish,
instead of trying to chase the millionth best.com or something like that,
I think you could,
you know,
you could be,
I don't know the,
the,
the,
the place to go in Portugal,
you know,
and,
and don't go crazy.
Don't buy 3000,
you know what I mean?
But,
but I think,
I think there's room for all those country markets where they actually use
them to be a premium domain or in those markets.
I agree.
But from,
from what I read,
and I don't know,
maybe someone can correct me.
Social media has played a big impact on adoption of dot.in names.
Like,
so local businesses in India are more likely to,
have a presence on Facebook than a website.
is that the case?
Yeah,
but I don't think you can have both sides of the transaction.
it can't be a slam dunk that a domain's better than social media,
yet you still can buy them for cheap.
I think you have to buy,
you have to wait for something to change and then you can exit higher.
Does that make sense?
That,
that if they were obvious prices wouldn't be where they are for,
for some of the I in names,
you know what I mean?
So I think you have to buy,
predict,
hope,
pray,
or research that change is taking place.
Let the change take place.
let the medium article that says owning your own domain name in India makes a
huge difference as opposed to social media.
Then let the thought change.
And that may take two or three years,
but at least now you've got to buy for a,
a risk adjusted value that took into account the worst news.
That's the way I've looked at domain.
Interesting.
Absolutely.
I want to hear from you on that.
If you,
so dot in.
Is not easy.
The good ones aren't cheap.
Getting in.
You've been doing this.
I mean,
it's been around for 19 years,
so it's not like it started last year or something.
As far as businesses in India,
there are think about 36 million registered businesses in India.
Only 4 million registered dot in,
which is a huge headroom.
Similarly,
internet penetration.
We are at about 50%.
Broadband penetration at about 25%.
Actually,
we're going to bypass broadband and go straight to 5G.
We'll also be about 50% within the next year or two.
Dot in is one of the fastest growing economies in the world.
It's got a massive under 25 population,
almost 60% of the population,
by the way.
So there's going to be,
there is already huge growth.
There's going to be more growth.
In fact,
India is number two in terms of startups in the world.
USA is by far number one,
but India is at number two.
That should tell you something.
And this happened in the last three years.
It's not happened in the last 20 years.
Yeah,
but my question is,
my question is,
are they putting an emphasis,
I'm building a website or do they feel like I just need to have a presence
online via social media?
It's a,
it's a journey,
right?
People start with an Instagram page or they start with a Facebook page.
Yes,
possibly too.
But the,
the,
like when we do brand consultancy,
we tell them that your website is the center.
Social media is just another channel,
just like television or out of home or point of sale or whatever.
It's just another distribution channel.
The bigger companies,
they've,
they're already on board.
They all own their own dot ins.
In fact,
a lot of the larger companies,
they own thousands of dot ins related to all streams of their business.
Generics,
brands,
brand protection,
typos,
the works.
It's not that simple.
This,
this 4 million is not held by domainers.
Domainers,
in fact,
hardly exist in the dot ins space.
There are a few big guys,
but that's,
I mean,
you can literally count them on one hand,
that little.
Two,
what age was saying in terms of investment strategy,
something like what Paul has done by a hundred,
two hundred super premiums.
Of course,
he got them long back.
Now,
if you try and get in at the same space,
it'll cost you more.
But then like paid said,
that also obfuscates the cost of holding them for 15 years.
And,
you know,
you already know that this is happening now.
So if you look at Paul's portfolio,
Paul is King Singh.
He's in the audience.
I think his,
his handle is at Singh.in.
And you go look at his portfolio.
He's pasted it on his profile.
You'll be amazed.
Those kinds,
if he,
if that same portfolio was.com,
you'd say,
that's a billion dollar portfolio.
You know?
okay,
maybe it's not a billion dollar portfolio,
but heck,
10 million is not bad,
right?
Goes a long way.
I get it.
There's definitely opportunity everywhere.
And,
you know,
you just have to understand the,
the in and outs of whatever approach you take,
you know?
if one thing I've observed is Paul is also Indian.
So he understands that market.
So are you,
right?
So obviously you have an edge.
If someone's just blindly buying.in names and they don't understand the dynamics or the,
the in and outs of the Indian market,
or can't even communicate out there.
If the negotiation happens,
then it's,
it's a bit more difficult.
yeah.
So English speaking countries is a bit easier because of logic remains the same single word.
Yeah.
But every,
every,
even,
even English speaking countries still have,
you know,
that's,
that's,
that's,
that's true,
but there's still that local economy,
that local mindset,
understanding the culture,
right?
It's,
it's a huge,
yeah.
I mean,
all that makes a difference.
Absolutely.
and it's not just .i,
you know,
so I'm just saying in general,
in every CCD.
in any CCD that you buy,
it's usually the one words that sell.
Absolutely.
Keep this in mind.
Even new TNB for that matter.
It's mostly the one words that selling.
The two word game is only available to a certain extent .org,
but maybe not that much.
Arif has that right though.
the domain social.
That's,
that's,
and I 1000% agree.
I wouldn't advise if you're going to,
diversify and buy other CCDLDs or GCDLDs,
try to stick with one word.
when you start doing two word GCDLDs or CCDLDs,
then it's,
it's less likely you'll be able to sell those.
But the,
the one word,
in my opinion,
that's where the,
they sort of fill the gap,
you know?
let's talk about the other sales.
There are two more.
One of them was sold by domain chain clock.com,
C L U C K.com.
Great sale.
$229,000.
that sold on Adam.
I believe he bought this name from Andy Booth a couple of years ago.
and you know,
it's a great sale.
What do you guys think about that one?
Clock.com.
Sue $29,000 to an end user.
Sounds like something Adam.
Yeah.
I saw that one.
That was a,
I thought that was a terrific sale.
great,
great to have the foresight to pick that one up.
They did,
they did good on that one.
and I think,
you know,
it's going to make a great brand for somebody.
It's going to be a good short domain.
and I think,
somebody will do really well with it.
Yeah.
But $229,000,
would you have priced it at that point?
At that price point?
Are we leaving money on the table?
That's a good question.
Cause it's kind of things where I'll look at that and,
you know,
I'll I'll by default go,
man,
why didn't I have that domain?
You know,
it's when we see somebody selling to it.
Why wasn't that by domain selling for that?
but you know,
we cut,
we talk about this all the time is as long as you lean into the thing that,
you know,
you know,
and they,
and they have an eye for that.
So they lean into something that they know.
It sounds,
I would imagine they priced it,
based on some knowledge they have about it.
I would have probably sold it for less,
but,
then I would have sold it for less.
So who knows?
I mean,
if it was mine personally,
I might've said,
Nope,
I'm,
I want 300,
you know?
So I think it's one of those things where it gets back to,
you got to know your market.
you know,
we all look at people where we see a domain that's priced at a half a million or a
million.
And we go,
this is ridiculous.
This thing's going to sit there and it's never going to sell.
which is why you got to do your own research.
Cause you might actually know something that nobody else knows.
So I think,
I think that that's,
am I,
am I the only one?
Am I the only one when I see a sale?
I'm like,
what?
I think I have this other name on the price.
And I just go jack up the price.
Like I,
I sold,
I was trying to sell to the net,
you know,
cause I could have used the money a week or two ago for 24,
nine 99.
I realized I'm not doing that.
And I just increased it to 44,000,
I think $44,000.
Cause I feel like it's still a good value at that price point.
But,
sometimes when I see the sales,
I just go look at similar names that I have and go,
I'm there.
I'm on.
Yeah.
And that's,
that's why it's important to be objective and have,
you know,
do your keyword research,
do your brand research,
do your trend research at which speaking of which,
I don't know how many people are,
are using X premium,
but,
I got access,
I guess a lot of people got access,
but I got access this week to their new search feature called radar.
And it's going to be great.
So you can go in and,
follow trends right up to the day.
So you can look in,
and,
it's going to be a great tool.
When we really get good data and we start looking at,
at trends for,
for words,
you know,
so one more thing you'll be able to check and see it,
you know,
is my word even being used,
in the common lexicon of people,
things like that.
And that's,
that's one more good signal.
You know,
if you pick up a word and you go,
okay,
this is,
this is actually popular.
Maybe I should raise the price on it.
Right.
Right.
Well,
the top sale announced this week.
Another interesting one was trail.com.
Trill,
Trill,
keeping a trail.
Trill is a hip hop term.
It means keeping a real.
there's a rapper named Bombi who's famous for that terminology.
He actually owns a company called Trill burgers out in Houston.
And I think they have a couple of,
maybe they have franchises now.
I'm not sure.
but yeah,
I saw Trill about two years ago.
I really love that word.
You know,
at the time I was sitting on a couple of million dollars worth of crypto.
I was bidding for it.
I bid $50,000 and I didn't win it.
It ended up selling for one 50 grand.
And when I saw that,
I was like,
I want to pay that much for it.
Right.
And I was,
I would definitely trail trail burgers.
Must have,
you know,
maybe Bombi bought it or something.
I don't know.
and then I,
to my surprise,
I saw Trill sold for $289,000 this week.
it was co-brokered by saw and go daddy,
for $289,000.
what do you guys think about that sale?
Which one was that one?
Keeping it trail trail.com.
I saw that one too.
So that one is the same where I was like,
okay,
that,
that looks like it's going to be a great brand.
It's short.
It's easy to spell.
It's,
it's brandable.
I just don't know personally what I would use it for.
so I think it's great.
I think one of the things we,
we can get out of this is,
are we underpricing?
Underpricing if,
if we have short brandable domains,
this is where it's important to look at and go,
okay,
am I,
am I pricing this low?
Because we might sit there,
you know,
like Adam has experienced and I've experienced where you can have a domain for 20 years
and you start thinking,
maybe the,
maybe this isn't as good as I thought it is.
And then the offer comes in and it's like,
you know,
it's 20 years.
You start,
you start thinking maybe,
maybe,
maybe I didn't have the foresight on this.
And,
you know,
the offer comes in like a week before you think you're going to let it go.
but if it's,
you know,
if it's a four letter word,
a five letter word,
if it makes sense,
if it's spelled well,
if passes a radio,
if it has all of those things,
then it's kind of like,
it's just a matter of time.
And I think that's something that we see.
So if we,
if we take this from a positive perspective,
that we see two domains here that are similar with good sales.
And if we have something that's not similar,
you know,
that rhymes with it or similar spelling,
but just is,
also in a five letter category and is brandable.
I think that's a positive sign there.
Yeah.
I think those pronounceable five L,
dot coms to me,
they might be on the price.
And I think what I also would say is they take a lot of time.
but looking at,
at some of these sales,
I've,
I've been reassessing my,
I own a domain in Bounch,
B O U N C H is that?
Yeah.
That's five letters.
And I increased the price.
I was like,
yeah,
it might take a lot,
a little longer,
but that's a pronounceable five letter.
And I feel like,
you know,
those types of names are just a waiting game.
So I'm,
I'm looking to acquire more and maybe I'll hit the,
the scratches lottery one of these days with those,
but I'm really impressed that people are selling names like clock for two
29 trail for two 89.
you know,
it's,
it's,
it's,
it's,
it's interesting.
I think that clock is a much from ROI perspective was tremendous.
I mean,
Shane,
I think mentioned what he paid for it.
You can go look it up on his profile,
but that's a great ROI.
And that's what he usually shoots for is around 10 X.
But for the person that sold trail for less than,
you know,
like 85% return,
I'm not complaining on that,
but I mean,
someone who bought that's got big pockets.
And I mean,
a lot of times,
you know,
yeah,
you think,
I'm 80%,
but if that's what they buy all that,
I don't even know who owned it,
but if that's what they're buying their names at six figures and trying to just
double your money,
that's a tricky game to play in.
but Trill is a great word.
I mean,
it's an over 50 to a hundred company names,
at least just in the first few pages of Google alone.
So there could be a ton of companies I wanted to upgrade to it.
so it's a great name.
I have a couple of Trill names myself.
so like I have show labs.com and stuff like that.
But,
yeah,
I mean that I think that,
you know,
clock was a great sale,
but also,
you know,
to put up that money up front and,
you know,
and be patient and price it where you want.
That's also,
you know,
I mean,
that to me is,
I think a little bit more impressive than spending,
you know,
seven times and only getting,
you know,
not even a two X,
but you know,
but I'm not criticizing that.
That's just,
everyone spends money differently and they have different approaches and what
works for them.
I mean,
remember the boat.com sale where the guy bought it,
I think,
and then he sold it.
He might've doubled his money,
but he,
you know,
I mean,
I think they probably did it over again.
I mean,
that was a lot of money to put up and,
and they kind of just got rid of it,
double their money.
And there's a lot of ways to make money in domaining.
And just another example of what works for each person,
you know,
for sure.
As long as you're making a profit,
right?
it's all good.
I think,
I think some of these sales will never make sense.
And some of them make sense.
You know,
I think,
you know,
a name like travel.ai for 90 grand sounds reasonable.
Brain.dev was a shocker,
but the ones that Mike Mann announced,
I don't know if that's what he said he sold them for.
And then,
you know,
there's always that one SEO one.
So typical top 10,
some of them may,
will make you drop your jaw.
Some of them,
you go,
okay,
that's interesting.
Some of them will make you go back and go,
oh shit,
I have similar names.
You know,
maybe I'm in the right track and I just have to wait my turn.
Has anyone made any recent acquisitions they want to share?
Hey,
what's up,
David?
David,
can you hear us?
Yeah.
Yeah.
Any,
any,
any,
anything interesting?
How are you?
Good.
Yeah.
I acquired a couple of closeouts last night,
but one,
it was a typo for espresso maker.
I forgot the O.
A typo?
Yeah.
Okay.
Well,
it's express maker instead of espresso maker.
Gotcha.
Gotcha.
I Googled it though.
There is such a thing as an express maker.
It's like a Italian coffee pot.
So we'll see if it sells,
but I can actually develop and put content on there from products are already on Amazon.com and I'll just list them and see if I can drive traffic.
There was a UDRP decision of lambo.com going around.
I haven't heard of an express maker before,
but it's possible it's another term for a specific type of coffee pot.
Okay.
Interesting.
David,
there was,
there was a,
there was a headline recently about lambo.com being,
you know,
picked up by Lamborghini,
the UDRP dispute.
Well,
do you have any insights on that?
Yeah.
So there was a UDRP.
There was a,
that was a couple of years ago,
at least.
And the guy,
the owner had a for sale sign on the thing.
I think he was trying to sell for $25 million.
It was a three member panel.
One of the members from Australia said it's a legitimate interest name.
Lambo has got a lot of uses.
And so he,
like he made a split decision,
but it was,
there was a transfer order.
And so the owner went to court in Arizona to overturn it or to like get a
fresh opinion from his Arizona court.
And the Arizona courts dismissed the action on technical reasons.
But I think what really perturbed the judge was the landing page.
Cause after he won his last motion last year,
he raised his price to $95 million.
wow.
I'm like,
that's just totally inconsistent.
With your whole story of the domain name and you know,
who is a potential buyer and you're really holding it hostage.
And I guess I just rubbed the judge the wrong way.
It's not in the opinion,
but I'm sure it played a factor.
So that,
that's a problem.
Yeah.
Yeah.
95 million is wow,
man.
Domain is a mostly lunatics.
Aren't we on 95 million?
Wow.
Okay.
So I own Lambo chain.com.
Should I be worried?
Yeah.
Lambo chain.
Yeah.
You could be.
Yeah.
So anything with Lambo,
any TLDs,
you know,
a problem,
even though there's no U S trademark,
which is the odd part about it.
So anyway,
you know,
another interesting thing that John Berryhill came across last night was this
quote from a court,
the California appellate court opinion,
quoting one of the panelists,
David Sorkin.
And he says it takes some way less than an hour to review and rubber stamp
these UDRP decisions.
He doesn't even write them.
The white pole panel writes it like their staff members,
write it and present it to him.
And he might edit a few things and then sign his name to it.
I think that's a big deal.
Yeah,
absolutely.
So do you know,
do you have any more insights on that Lambo.com?
Do you know how much this guy picked it up for anything like that?
I think he paid 10,000 for it.
Okay.
That's right.
He spent a hundred thousand dollars litigating.
Way over that.
For that lawyer,
for that many motions,
he'd probably spend one 50 at least.
Wow.
What a big L.
So it was going for the ROI of all our RIs from 10 grand to,
95 million.
Wow.
Trying to break the bank.
Yeah.
I learned yesterday from,
yeah,
Blair versus automobile Lamborghini is the case name.
It's in Arizona.
It was filed in 2022.
And it might be appealed,
but as if nothing,
the plaintiff takes nothing and the complaint in action dismissed with
prejudice.
So that's a problem.
So the next step will be either the domain gets transferred or these guys
file an appeal within 30 days.
The main circuit.
Anyone have any legal questions for David?
Legal domain related questions.
None.
Okay.
Any other?
I do actually.
I do.
Wait,
I'm sorry.
Okay,
go ahead.
You're on last week and you really,
something that's been sticking to the back of my mind all week now.
Cause I have a,
a lot of domains and I've got a couple of UDRPs.
One of the,
they both have been resolved before decision and I didn't lose much money
and it was not any ill will.
I didn't even know.
I was just ordering,
you know,
basically off of,
you know,
certain keywords.
But anyway,
the thing you mentioned about Dynadop being in California and that the,
you know,
name silo and a go daddy,
a couple of others who are in different jurisdictions.
I actually,
it actually impacted me where I actually moved my higher valuable names out
of Dynadop to a name silo and,
you know,
go daddy because that's in the back of my mind.
And I,
those ones I'm more confident in that I,
you know,
I've done my due diligence on those.
So they were bigger purchases,
but can you just go over again,
you know,
and I,
and I know it's just your opinion and your expertise,
but the difference between like,
let's say Dynadop being in California as opposed to somebody like in
Arizona,
I think you said about the age of the domain plays a bigger role where the
name is before the company filed their trademark to some extent that certain,
certain jurisdictions are a little bit more understanding of that and my,
I'm paraphrasing,
but is that kind of what I got?
Well,
I think you misinterpreted.
So I,
there's no difference in the Ninth Circuit rule between California and Arizona.
It's the exact same thing.
Okay.
So because the Ninth Circuit covers California,
Nevada and Arizona and Washington state and Oregon.
So it would,
it would work for a pork bun also.
The problem is there aren't that many domain lawyers who are situated in the
Bay area and any attorneys that are there are extremely expensive.
Mike Rogan run by,
I think it's his name.
I can't pronounce it really.
He charged,
he and his firm charged the guy who owned IMI.com $450,000 to take his case to
trial.
The domain owner filed his own case,
but then hired Mike Rodenbaugh later on.
So the domain owner lost.
he won,
but he didn't get any costs.
And that was a big thing.
So he was out almost a half million dollars on that domain name,
even though it kept it.
So he could have gotten costs if he had attorney from the beginning,
but there aren't that many good attorneys in the Bay area.
So unless you're situated there,
don't be there.
Cool.
Appreciate that.
Yeah.
I pray that I never have to deal with a UDRP.
I'm a chicken.
If someone wants to name that bad,
they can have it.
Unless it's obviously blatant.
They're trying to hijack it.
Then I'll maybe fight back,
but there's too many names out there.
So start going to court over domain names.
You know what I mean?
I'm just not,
I don't have those great of names yet.
Maybe Michael does.
Michael,
have you ever dealt with a UDRP?
Yeah,
several times.
But everything's,
everything's always gone well.
Sometimes again,
you know,
we've heard that before where it's innocent situations like that.
And there's times where I've had situations with businesses.
So a business will say that,
that I,
you know,
I have the exact match,
but they'll say that that's the name of their business.
Those have gone in my favor.
So that's all worked out.
And it didn't even reach a point.
I just ended up talking to people and,
and it was dropped.
So as you know,
I just take that approach of,
I'm not looking to do it,
especially if it's a domain that I might have for 5k or something.
It's like,
okay,
let's,
let's figure this out.
Well,
you know what works for everybody,
but never,
never had any big problems.
Hope never to.
I think,
is it Karen Bernstein?
That's that.
But that name sounds familiar,
but I,
I've worked with her in the past and she's been fabulous.
Help me out.
Domain attorney.
But yeah,
all good stuff.
Hey,
David,
if someone is dealing with a UGRP,
you'd be willing to represent them,
right?
If they need it.
I haven't,
I haven't represented anybody for UDRP yet.
So I'll have to decide on a couple case basis.
It's,
it's on the situation.
Gotcha.
I was,
Hey,
I was going to tell you,
you might as well pitch out.
People could reach you,
you know,
you never know what people are dealing with.
Lambo.com.
$95 million.
Retarded.
Well,
anyways,
anybody else wants to chime in or we can wrap it all up.
Any,
any,
any,
any,
any pointers?
We kind of covered everything.
Top 10 sales.
Go ahead.
One thing I'll bring up,
you know,
last week we were talking about.io and there was that couple of days there of,
okay.
You know,
what's going to happen with.io.
And it looks like a whole bunch of us are watching the expired auctions right now for the top.
I don't know if we can mention it.
The,
the,
you know,
the top expire,
the top bid right now for an expiring domain.
you know,
it's basically,
so the market is saying that there's still value there.
Right?
So we've got eight days to go.
We've got a bid,
a bid right now of $30,100.
so it doesn't look like the market's concerned about.io.
You know,
this,
this one's going to climb up there in the next eight days.
It was just domain of bubble.
Domain of speculation.
Did you guys talk at the beginning about.ai and that,
and that new agreement?
Yeah,
we did.
We did,
but yeah,
but you can try it.
I'll get back later.
Okay.
What are your thoughts on it?
I mean,
I'm not an expert on that stuff,
but I think that I,
you know,
they had to do something because one person running it,
you know,
in the back office somewhere,
and,
you know,
being able to change rules,
like,
you know,
on a whim was just,
you know,
but I still think at some point,
I mean,
you know,
at the end of the day,
you're going to have to go to your.com,
especially if you're,
if you're one of the few that does survive and does get multiple seed rounds.
I mean,
at some point,
you know,
you're going to need that.com.
So at the end of the day,
nothing really changed for the bigger picture,
for the really high,
high profile names,
but for the names,
but again,
do you think travel.ai needs travel.com?
well,
I don't know if they can get travel.com.
I don't think they can get priority to use.
Yeah,
but I'm just saying,
and by the way,
travel.com looks like,
has a little R next to it,
in their branding.
but,
you know,
I think travel agent.ai for 90k,
I mean,
that to me seems like on a higher end and it's going to be developed as pre-seed company.
I mean,
that to me just,
I mean,
the thing is,
is that if you want to be in the travel space and you want to be AI,
you can't get travel.com.
What are your next,
what are your next best,
you know,
names?
And again,
I'm not saying that they're lazy or they just cough out,
but if like,
for example,
here's,
here's a great example,
right?
travel.ai.com is a company,
right?
Already.
Okay.
And they have a ton of partners on here that on their site develop looks good.
Travel.ai,
see if they pay,
right?
Travel,
you know,
agent.ai is another company.
So again,
all these companies branding on travel and AI,
but they're never gonna be travel.com.
So am I saying that's where I think a lot of times people don't,
and I'm learning this as I go is that you have to understand what you,
I wouldn't brand on that name,
but if travel.com is taken,
and you can find other variations of it,
people have to come pay you not have to,
but their choices are limited,
right?
So they're going to find,
that's why I have a ton of keyword AI names.
Some of the best in the world that I'm just holding on,
because I know the AI has to come for them because the.com is not available.
And,
you know,
the best are going to demand it,
but I didn't buy it that intention,
but I bought them a year ago,
18 months ago.
And now there's,
you know,
I have some that the main word is,
it's seven figure name where it's not available.
And it's a great example,
travel.ai.com is taken travel.ai,
just 90,000 travel agent.ai,
90,000 travel.com.
I mean,
so we can sit here and say,
it's overpriced and overpriced,
but if they're raising a ton of money and they need something for a name,
and they're going to be AI in the travel space,
it's almost like they got to do it.
I'm not defending their choice,
but that's kind of my opinion.
I was on a call this week with a company in the healthcare space.
And I told them,
I was like,
your name sucks.
And it was sort of like,
I could tell like,
I could feel them just taking that punch.
And the guy was like,
yeah,
you're right.
A lot of people don't know how to spell it.
So I said,
why don't you just go with a name that I have,
which is AI healthcare.com.
And they're like,
we'll prefer to have AI healthcare.com.
And I said,
well,
AI healthcare.com is for sale for two 60 grand.
And mine is for sale for 50,000.
And in addition to that,
I can do some consulting for you on how you can,
you know,
use influencer marketing.
And the guy hit me up yesterday.
He said,
put a proposal together.
So sometimes companies,
you know,
just don't think about this things as a priority,
but if you have a name and you're able to offer some sort of like
bundled offer with it,
you know,
maybe that could move the needle sometimes.
I'm just throwing that out there.
You know?
So speaking of that real quick,
I just went to healthcare AI.com,
right?
And this is domain investor.
I assume,
cause they had the domain easy landing page.
I haven't seen one of these yet.
I haven't looked into it yet,
but it actually looks,
I mean,
it's like a hybrid of,
of Dan and go daddy's new lander,
but it's like,
it's interesting.
It looks like,
it looks like Dan.
Yeah.
If you,
if you go there,
it says the next steps one,
two,
three,
four.
It says,
you know,
I mean,
it's very interesting.
I mean,
it's,
it looks like it's a,
I mean,
not a knockoff,
but it looks like it's a more,
cleaner,
cleaner.
And it's a little bit more information and it's,
yeah.
So healthcare AI.com is what the,
I guess one of the versions of the domain easy lander looks like.
And it looks pretty clean in the contact form.
And I mean,
it's just interesting that we're all talking about this stuff.
And next thing you know,
like,
you know,
I would have heard about domain easy,
but I haven't seen it yet.
And now that we're talking about this,
I went to there and now it maybe picks my interest a little bit to say,
you know what?
You know what?
It's okay.
But it's like a hybrid of go daddy landers right now.
you know,
and I'm glad you brought that up because we talked about domain easy earlier,
but now that I'm looking at this healthcare AI.com,
it looks pretty clean.
Like it does.
Yeah.
It's like a better version of code daddy's takeover.
From what I understand,
Adam,
there's no commission,
right?
Adam knows about it.
Adam does domain easy charge any commission.
I think I know,
no commission.
They're going to,
they said possibly in a year,
they said no guarantee,
but they said for a year,
it's absolutely no commission.
And after a year they might start doing commission,
but they haven't decided.
So yeah,
it can go either way.
I like it.
You just,
you just point the domains to this and this is better than creating your own
landers,
you know?
Yeah,
it is.
Yeah.
I have been,
and I don't think anyone is,
I don't think anyone is going to look at this and be like,
I don't trust domain easy.
I rather it says go daddy on there.
Like,
yeah.
Do you think end users think like that?
Or cause I honestly,
or cause I honestly,
and I'm not speculating.
I believe that go daddy fucks up a lot of leads because their emails,
their outbound emails go into spam folder.
Oh yeah,
for sure.
Like,
well,
most people have reported that.
Yeah.
I mean,
there's no way that,
you know,
they,
they,
they,
their,
their emails are being seen by that many people and they're converting as low
as they do in my opinion.
But I,
I think with this,
do you get the lead?
Do you actually get the,
the inquiry?
Like if somebody fills this out,
you get that information.
Yeah.
Yeah.
It goes straight to you.
so how the fuck can they make money?
Yeah.
Well,
I mean,
they said,
you know,
in a year,
it might be a,
well,
right now they actually can make money through the lease to own.
So if you do a lease to own,
I think it's over a year.
kind of like what,
Dan did and what,
after Nick does,
they charge extra and then they keep some of that profit.
that's the current way,
which I don't think is going to be a lot of money.
And they know that,
right now they're just building the platform.
after a year,
they said maybe they'll start doing a commission.
I think they've said 9% is what they were thinking of right now.
That could obviously change 9% would be kind of a lot for me,
you know,
for just having a landing page where you're doing all the work.
You're paying,
you're paying 30 with other guys.
Right.
Well,
yeah.
Well,
I mean,
I pay,
you know,
I'm not doing anything over 15.
you know,
after Nick is basically what most of my names are pointed at right now.
so yeah,
that would be less,
but then again,
like you were talking before about the GoDaddy,
I don't think it's people are looking at their name domain easy and thinking,
I've never heard of them.
You know,
I don't get confidence instilled in me.
It's more about seeing the GoDaddy brand and getting confidence from that.
You know,
it's like buying something from Apple versus buying something from Joe Schmo incorporated.
You know,
you're going to have trust in the Apple.
You're not going to have trust in Joe Schmo,
you know,
and domain easy.
They,
they don't know it.
I don't think they're going to think necessarily negatively for it.
But if you saw a GoDaddy,
you're going to think,
okay,
they're legit.
you know,
I'm not too worried about,
you know,
buying something through this landing page.
you know,
the 15% there,
you know,
might be worth it over the 9% from,
you know,
a landing page.
It doesn't have any of those credentials.
Yeah.
I'm just trying to figure out their monetization strategy.
There's a,
there's a whole thread dedicated to it on NamePros.
They talk about it and he mentions,
you know,
ask people were asking about how they're making money and they talked about,
you know,
what they can do now with the lease to own and then in the future,
what they're planning on doing.
But,
you know,
they're,
they're actually pretty responsive.
People are mentioning,
you know,
issues they're having or features they want.
And they're,
you know,
every day they're,
they're coming back with,
you know,
we're working on this or we've just fixed this or we've got a dot.
so they're being pretty active right now.
Wait,
I'm just on their site now.
I'm sorry.
They actually can take payments on their actual site with credit cards and
wires.
That's awesome.
As opposed to having to do it through another service.
Cause that was my thing where if you pointed to this land or you get the
information,
you make the sale.
If you got to do a good custom checkout link with either Cedar or GoDaddy or
whoever,
it's like three to 4%.
But this here seems like I'm from what I'm reading correctly for sellers.
They just credit card to three and a half percent.
Why are you transfer 50 bucks?
That to me is a game changer because you don't have to go anywhere else.
I know a lot of people hate using escrow.com for many reasons and other places as
well.
So if they can offer a friction,
pretty frictionless checkout process,
I would consider maybe,
you know,
thinking about this a little bit too,
because it's clean.
The lander's clean.
I don't know if they have a chat box or not on there and I don't know what the
options are.
It looks like the lander can be multiple.
I see on their homepage,
it says buy now,
make offer,
you know,
that.
Right.
Yeah.
They have,
they have a couple options with landers.
They have a very Dan like landing page.
It looks,
it looks a lot like Dan.
Then they have a,
another landing page.
It looks a lot like the after Nick.
request price.
And then they have a,
another lander,
the custom,
their custom lander,
where you can change a lot of the features.
You can add your own image.
You can do it as a make offer.
You can do it as a buy it.
Now you can add a lease to own.
if you want to see an example of one of the names that I have up there,
you can go to,
gesture.com G E S T U R E.com.
I've got a,
landing,
that landing page is using that right now.
And you can see,
I have a custom image and I just have it set for a make offer right there.
Wow.
They have buy now,
lease,
sell and make offer.
They have the sliding bar,
the same landers that afternoon.
Cause this is awesome.
And they actually on their site,
they'll take the payment and they actually handle the,
the,
the transfer process with you.
So it's almost like a Dan,
honestly.
I mean,
I'm not saying that,
but I mean very early stage,
but yeah,
the UX UI.
And I think the key part is there's no commission.
Yeah.
So unless you have Stockholm syndrome,
Stockholm syndrome.
I don't think anyone's made a sale yet.
I don't think anyone's like fully tested it out.
Cause I don't think anyone's made a sale.
Yeah.
Cause people were just started using it.
Yeah.
Like it just launched,
it just launched this week.
Yeah.
Yeah.
So we're not sure how good that's going to work.
The flow.
I'm sure,
you know,
once a few did come in,
there'll be the Guinea pigs and then,
you know,
it will be fixed if there's any issues.
But I mean,
there hasn't been anything reported negatively with,
you know,
sales,
but I just don't know if there are any.
Interesting.
Yeah.
Well,
I mean,
this is cool.
It's innovation in the space,
which is something we,
yeah,
we have to embrace.
Right.
Right.
Well,
you know,
has an incredible amount of customization features,
but they charge a monthly fee,
but they take no commission.
But if you're making big sales,
that,
that monthly fee you're paying is nothing.
You know,
it's based on how many names you have listed with them,
but FD pay,
which is their service.
They're going to be charging.
It's right now it's three and a half percent.
It's a temporary,
commit a rate.
They're going to,
I think up it to 5%,
but at 5% and paying for a monthly fee.
I mean,
you might as well just use Adam at what,
7% for their standard listing,
you know,
and you're getting everything in one.
So I think,
the FD,
model's going to have to change a bit with all this new competition coming in.
Yeah.
Matt's over there taking notes.
They want no commission.
The home page.
Actually,
I see here.
Interesting.
They had,
they'll actually give you the country of origin.
They'll give you a lot of good information.
Like,
you know,
cause sometimes when they,
even though I felt that form,
let's say like,
go daddy knows or after Nick,
you know,
you got to kind of call in and say,
where's it from?
What country?
And they'll give you some information,
but this would be nice just to know like,
Hey,
it's from whatever.
Cause sometimes certain countries we all know,
you know,
they may not be as serious as others,
but it's a good indication too.
You know,
like it's a USA leader overseas or,
you know,
just also too in the negotiation,
because sometimes you'll get leads and they're overseas and you'll think they
responded back to me or whatever.
And then you'd have no idea they're overseas.
And then it all makes sense down the line.
But you know,
that it's,
I actually,
I'm going to try this out today domain easy and just with a couple of my
names and see how it goes.
Cause it's almost like Dan,
it looks like just the interface itself.
And the flexibility,
if they could take payments on the actual site,
like they say,
I mean,
this could be,
you know,
but again,
I'm going to also increase my prices on,
on afternoon too,
just to offset,
you know,
cause I'm not boosted.
So it'd be 25% if it does sell,
but yeah,
or I could just do like you do,
add a make offer.
And then if they fill it out,
then you can mess with the lander.
If they go back to go,
whatever,
you can play that game,
you know,
which is,
I would do the same thing.
This is pretty cool.
Are you out for any sales lately?
I had actually my first experience with an on hold,
that the funds I guess were received,
but something happened in the,
the sales did not go through.
it was the CV is a six letter CV,
And,
I thought it was like,
I haven't had one of those happen in a while.
you know,
but again,
just,
basically adding names and cleaning stuff up.
And,
basically I'm going to go through and,
just kind of,
it's a Q4,
you know,
almost it just started,
but it's coming up where,
you know,
next year I have a different strategy for some of my portfolio.
I'm going to,
it's something different where a lot of people,
you know,
I think that you can actually,
do well with,
you know,
like .us,
.de and other extensions like that,
where the cost is a lot lower than .com.
And for granted,
you don't sell as many,
but if you have a little bit of experience and you can,
you know,
do your due diligence picking them out.
I mean,
you can easily flip them for many multiples.
And I'm basically,
by the end of next year,
my goal is to have my .de and .us pay for all my renewals for my whole portfolio.
And then just basically anything else that comes in from .com and IO and stuff like that
we'll just be reinvested or,
you know,
or I'll keep some of the money and go from there.
It's a weird strategy,
but I think it's actually interesting because there's just too much value.
If you have an eye and you have a scripts and systems to look for names.
I mean,
I've sold you .us for three or 4,000,
a clip and some .de's for 4,000.
So they,
they do sell not as frequent and it's not a PSA for everyone to go out there and
register those extensions and especially .us never have a different phone or a,
a burner phone,
whatever,
because you'll get calls nonstop because the information is,
it's not,
it's public.
but again,
I think to,
you know,
utilize other extensions to kind of scale up your,
your main names,
because if I'm just sitting here waiting for my portfolios,
but 85%.com to sell,
those take longer.
Then I'm just waiting where if I can use the U S and D is like a cheat code to,
you know,
buy them cheap.
I mean,
.de's I'm getting pretty cheap,
you know,
less than $5 and .us less than $5.
I mean,
if you put a little bit of work into it,
I mean,
you could,
even if you sold them for,
you know,
I mean,
you know,
500,000 a clip,
I mean,
you could just start,
I mean,
start piling them up.
I mean,
and just use that money to once you get to a certain number,
then just use the money and renewals,
you know what they are every year.
And then just,
that's just my idea of another way to be creative.
Not just sit back and wait,
you know,
you could outbound do other things like that,
but I'd rather just buy other extensions that I've had sales in,
in the past.
I just reshifted to .com recently and I'm not going to give up on .com.
Obviously it's my portfolio majority of it,
but there's just too much with all these AI startups and solar and energy and all
this stuff coming up in the next five to 10 years.
I mean,
in people,
you know,
a lot of that's in the U S and other places that,
you know,
in Europe,
these extensions just make a lot of sense and the one words are all taken.
you know,
if you can find them great,
I have a great one word.us is,
but in some .de's,
but at the end of the day,
I mean,
it's a value.
If I'm getting in for four bucks a pop and you know what you're doing,
I have a good idea.
Your break even is pretty much,
I mean,
let's say you have a thousand names for,
you know,
and you have a four bucks a pop renewal.
It's 4,000 a year.
If you sell two of them or three of them for 1500 bucks,
you know,
then I mean,
if you can't sell three names out of a,
you know,
for a thousand,
you know,
1,000 to 1500 bucks and,
you know,
demanding is probably not for you or,
you know,
I mean,
especially if you're,
especially if you're going in that,
those extensions,
you have to kind of a better idea of what sells and I do.
That's just my opinion.
So we'll see how that goes,
but that'll be a project in the next six months to get to a 2,500.de's and 2,500.us.
And then that'll just roll through next year.
And hopefully,
you know,
those sales will fuel and pay for all my.com or not.
There you go.
I had one sale this week.
It was me,
Al Bounden.
I can announce it.
Fitness.institute.
It's sort of for five grand.
It just got paid for that actually.
And,
but to sell that name,
I also had to include,
well,
I know the buyer and I have to help her build a website,
which is nothing.
I just outsource that.
Yeah.
and I have one inquiry from Cito for a dark club name.
There was a thousand dollar offer.
I pushed back a five grand and I haven't heard back,
but I'm sure I'll be able to sell it for 3,500.
Hopefully that goes through.
I have one in qualifying.
the earth is flat.com on after Nick and I haven't heard anything back.
So we'll see what happens,
but yeah,
for me,
I don't get that much luck with inbound and I've been lazy.
So outbound lately.
So maybe I need to get back on my grind.
Where's the location you're going to be for Vegas?
Have you set that up yet?
Like exactly where it's going to be?
The Venetian.
okay,
cool.
I missed the beginning.
Okay.
Yeah.
The Venetian.
I announced that earlier.
yeah.
I'm excited about that.
And then we'll probably do a virtual edition sometime next month just to give
people that can't make the conference some sort of value and motivate them to join
us next year.
I just want to mention one,
one last thing.
Sorry.
Cause I heard Paige talk about this earlier and I didn't know this.
If you have names that name cheap and I don't know why they do this,
but if the name expired,
let's say it just expired like a day before where like that day,
for some reason,
if you go in to go to transfer it and you get the off code on the transfer screen,
it'll take away that option.
You have to,
if you just,
but if you message support and say,
give me an off code for this name,
they'll email it to you.
It's kind of screwed up,
but I didn't realize I figured that out this week.
So just PSA to everybody.
Don't think that,
just because it's,
you know,
it's expired at some of the registrars that they won't give you an off code.
They will.
You just got to ask them.
I'm not saying that they should be that way,
but you know,
up until usually day 30,
you can get the off code and move it out without having to pay a redemption.
So just a little trick out there for everybody.
If you have names that name cheap and other places where they,
the off code section disappears in the transfer,
just email them and say,
Hey,
I need the off code for this name.
They might ask you why,
just say you're too expensive and they won't bother you and you'll get the code and that's it.
the name cheap expensive.
It's like 16 bucks a year.
Dynadot can,
you know,
I think,
well,
I have a large portfolio,
but I pay like 10,
10 and change or like maybe 11.
And even,
you know,
name silo.
There's other ones,
you know,
other places too,
where if you have quite a bit domains,
they'll give you good pricing or transfer codes.
I think at Dynadot,
I'm paying 10 50 right now for every.com to transfer in.
Yeah.
Nice.
What's up,
Todd.
Hey boy,
what a good show today.
There's so many good speakers.
I want to say first,
if I heard you on there at the end,
I was saying,
thanks for the stamina two and a half hours.
I mean,
touched on so many good topics.
I want to thank all the speakers for contributing because it's fun to listen.
I just had some quick comments about when you were talking about identity,
digital.
Yeah.
I think they're just riding the wave.
I don't think they're going to do any marketing for.ai.
I think they'd like to have that in their arsenal.
It's pretty cool extension,
pretty popular,
but I heard you say earlier that you think it's pretty much P me too.
I mean,
I think they're going to break off the,
you know,
the country Anguilla more than I guess Vince did,
you know,
the former person who was,
you know,
making a fortune,
right?
He was making a fortune.
Identity digital has much bigger overhead.
And so I think they're going to make a lot less.
I don't,
they got,
they manage so many extensions.
Do I think they're going to market it?
So I think they're definitely just going to make what money there is off of
it better than nothing.
And it's cool to say you manage that because it's more popular than the other
hundreds that they have.
And,
and I noticed they don't have too many,
I don't know if they have any idea,
CCTLD.
So they have,
yeah,
that's my,
yeah,
that's my comment on that.
I was going to say about,
you did bring up Lambeau and we are going to talk about that on domain name law
this week,
the Lambeau case,
basically the court case.
And maybe what he could have done really interesting is Jeff Newman was in
Arizona this week,
suing GoDaddy.
He's suing GoDaddy on behalf of a domain investor who won an auction and GoDaddy
didn't deliver a name,
right?
They delivered it and then take it back.
So those,
those frustrations and complaints that people have had forever about GoDaddy
auctioning names that they don't really have,
or they they're somehow in the network,
it gets recalled back and so on.
So Jeff is representing a client and he was making some arguments this week
and he's going to give us an update on that.
And then what David here mentioned,
and for those who don't know,
it's me and David and Jeff who host that show,
what David mentioned about the UDRP in that WIPO,
who is one of the organizations that handles complaints.
Yeah.
They have sort of a canned response that we didn't know about that.
They sort of hand out to the panelists saying,
Hey,
this case you might want to use this cookie cutter response.
And it really is a sort of bullshit,
but we're going to be talking about all that and reviewing some UDRP cases.
And I remember I did listen to your recording.
I think it was last week or the week before.
And I wanted to say to you when you were in the domain name law room,
but you were in and out about RDNH,
because I didn't want you to have to listen to the replay because you brought it up.
RDNH.
A lot of people wonder what it is.
Reverse domain name hijacking in a nutshell.
It's basically people abuse the system.
These complainants try to get a domain name.
And usually it's,
they know they have no right to it.
And they have lawyers that know they have no right to it.
Meaning the domain owner had to register the name way before the trademark was even
registered or even in use.
So right there,
they should know don't file this complaint yet they do.
Or it's called a plan B when a domain,
a person makes an offer on a name,
they don't like the price.
So they end up filing a complaint.
That is another reason for a ruling of reverse domain name hijacking.
So really just somebody abusing the system,
but I know you were onto it,
but you were looking for other explanations,
but that's it in a nutshell.
And another thing about just domain investing,
I wanted to say quickly,
because one thing I was,
I know people in your rooms and mine as well,
is they want to know,
you know,
domain investors,
where are their opportunities?
And I got to tell you,
I don't know if Ryan's still in the room.
I can't see,
but DNWE is going to be,
you know,
they have auctions now,
but they're going to have an auction beginning at the end of this month for
several four letter domains that he's auctioning starting at 69 bucks.
And some of them are fantastic.
I was on a call with him,
69 bucks,
no reserve.
And it's just hard to find good names for low prices anymore.
Well,
that doesn't mean they're going to stay low,
but listen,
so a lot of these I know should be four figure names.
I mean,
you just buy the letters.
I don't think there's a lot of CVCV,
you know,
but there's some great ones.
So keep an eye open domain investors.
Keep an eye open there.
DNWE,
he's the new owner,
bought it a few months ago,
and they're going to have some no reserve options beginning.
He's going to try to start them at the end of this month,
but that's an interesting place to build.
You know,
we're domain investors still out there looking for names.
I love it.
I'm going to finish by saying,
yeah,
I had,
I sold a nice one to drew Rosner.
I think he's going to mention it on Sherpa.
So I'm not going to bring it up.
I'll say it's a four letter,
but it was a nice price for me.
And then I had my first NDA sell ever.
You know,
I've been doing it 20 years too,
or maybe longer,
25 to 98.
Anyway,
we all,
all of us,
the old guys like to talk about how long we've been doing it.
So anyway,
my first NDA means,
yeah,
it was pretty,
pretty,
pretty big sale.
That's why I was NDA.
So I can't say anything about that.
If that changes,
I'll surely let you know,
but yeah,
just still out,
you know,
Did they,
did they,
did they,
did they insist on NDA or you just,
or it was just a standard thing?
They did.
They first time ever.
And so,
and that was at the end.
Hey,
we got,
we got this legal agreement.
All right.
I mean,
they found out,
they found out you have a domain podcast.
I'm like,
we don't want you going out there.
I think,
yeah,
I think,
you know,
I don't know why.
And I was like,
basically,
hold on.
I thought we were about ready to finish the deal.
And then here's the legal agreement NDA.
And I'm like,
whatever,
you know,
that was worth me signing.
So that was my first one ever.
Cause I always complain when I hear people that have them.
Cause I think,
yeah,
yeah.
That's like winning a fight.
And it's like winning a fight and not being able to flex the belts.
You know what I mean?
Yeah.
I was about to jump in and go,
Todd,
you've been the one all along with me.
We saying,
you know,
we shouldn't have the NDAs and whatever it is.
And now all of a sudden you've,
you've joined the dark side.
I'm like,
Oh gosh,
but here,
give us yet.
Don't have to tell us the domain,
but how big is the celebration going to be?
Is it a five figure celebration?
Is it a six figure celebration?
Is it a seven figure celebration?
That was what the person didn't want me to do,
but I'll say you're about right in the middle there.
But listen,
it's a big celebration for me.
Listen,
when you're trying to close a name and that's like,
that they're asking something like that.
And no one knows about it.
Easy.
That's an easy,
easy requirement.
No problem.
I said,
if somebody asked me,
I'm going to punch them.
If someone says,
I want you to sign an NDA and I'm going to give you a five figure sale.
I'll be like,
listen,
no problem.
I won't tell my wife.
But no,
yeah,
everything's a fantastic needed it.
You know,
third quarter was okay.
I guess was the third quarter.
Yeah.
Actually just recently.
So it started in the fourth quarter.
Yeah.
Right here in the beginning of the fourth quarter.
So good luck to everybody.
But yeah,
thanks for the stamina.
I mean,
two and a half hours doing this and you juggling through all these different
speakers and trying to keep it going.
Listen,
I'm keeping domain name law.
We're keeping it to less than an hour only because of replay.
I know people when they see,
you know,
58 minute replay,
they can handle that more than a longer one,
but I have been listening to yours.
So thanks for this on Saturday.
And of course I'll see you at the expo.
Absolutely,
man.
Thanks for chiming in.
Eric,
what's going on,
man.
I'll let you close it out.
Yeah.
Yeah.
Whatever.
Yeah.
Whatever.
Todd,
come on.
I like the,
I like the longer ones.
Whenever I can't make the live,
I always listen to it,
whether it's two,
three hours,
I'll still listen to it.
Might be over two shots,
but you know,
it's always good information.
Always good information.
Even today,
I missed the first like 40 ish,
45 minutes,
but I'm going to,
as soon as I close this,
I'm going to go for a little walk and listen to the first part.
But yeah,
just Todd,
you mentioned,
you know,
when domains don't go through,
when sales don't go through at GoDaddy,
there was actually a bug this week.
I don't know if some of you saw my,
I tweeted about it a bit.
GoDaddy,
there's some transactions through GoDaddy auctions that didn't complete.
And you actually got emails saying it was canceled.
Well,
that was a bug.
And so those domains have been put into the account as of yesterday for me.
And I think for a few other people as well,
they mentioned that they got it yesterday,
but with no notification.
Like,
so the last communication you got from it was an email saying it's canceled.
And then the domains are magically in your account.
So if you didn't actually check,
or if you're like me and buying a lot of domains lately,
you might've missed it.
Right?
So if you're double check to see if you got those cancellation emails and
then triple check to see if those domains in your account,
it's been resolved.
Apparently there's a limited amount of stuff.
They actually reached out to me as soon as I posted what I posted and go,
well,
let's give us some domains.
And like,
so I don't know what the fix was.
I'm still,
I still think it's not cool that they didn't warn people about it.
They didn't talk about it.
It's just like,
it's never existed.
Right.
It's the irony is that day before I was responding to one of Michael
Seiger's tweets.
And I said,
you know,
one of the many problems that go to add is communication.
And like,
sure enough,
the next day,
you know,
that happened.
But yeah,
just so that that's resolved.
And the other thing,
submit mentioned my name before saying,
you know,
like,
you know,
two word.coms is,
you know,
like,
you know,
good for me and all that stuff.
But I just very shortly,
I'll say one word,
not.coms are mostly horrible.
And two word.coms are mostly horrible.
Right.
This is like most domains out there floating around are all like really bad
investments.
But you know,
your job as a main investor is to find the ones that aren't,
and there's opportunity in both those categories.
And,
you know,
but don't just buy them for the sake of buying them.
You have to be very picky and find the top one,
two percent,
right.
The 99,
98% of them are what I'd call non-investable.
You know,
some of them,
80% of them are total garbage.
Some of them are kind of like borderline,
but make sure you get stuff that's beyond the borderline.
And we've talked about that for previous weeks.
I won't get into too much,
but just be careful of,
you know,
saying,
well,
one word,
you know,
dot whatever extension is right.
it's a one word.
It's great.
Most one words that are even like not.coms are pretty horrible.
And there are even some.com one words that are horrible,
right?
Obscure words and whatever it is.
So just always be careful.
I deal mostly with two word.coms and phrases and whatever it is.
And I do well with them.
Right.
But like,
don't just buy two word.coms because I say I do well with them.
It's,
you really have to know which ones to get.
That's like my final thing.
I'll keep it short today.
Relatively.
I appreciate that.
I appreciate that.
Well,
we got to wrap it up.
It's been fun.
I want to thank everyone.
Michael,
of course,
Matt,
Arif,
Todd,
Harrison,
Media Wizard,
David,
everyone will join us.
And I wish you guys a sailor too in the coming week.
We'll catch you next weekend.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
Cheers.
