Hugo McDonaugh co-founder of GBM Domains took the time to answer some questions about all things GBM and smart contracts. Q1) What made you decide to get into the domain industry? What attracted you to it? Hugo) GBM has been operating since 2018 when we initially invented our Bid-to-Earn auction model. We launched our first auctions on the Cryptograph platform … [Read more...]
Changes are coming to DNWE
DNWE.com will be making changes under new ownership. The company surveyed current members and asked them 10 questions. Here are a couple of the questions: Flea Market $99Curated Domains $99Dutch Auction $29Standard Auction $69 Starting Price With all the changes fees will be going up to 15% from 12%. Full report at DNWE … [Read more...]
What is a fair sales commission rate?
I am sure just about everyone is familiar with the sales commission changes coming across all GoDaddy properties, (GoDaddy.com, Afternic, DAN.com and Uniregistry). For those not familiar, To simplify commissions, effective Feb. 1, 2023, each marketplace is moving to a 15% commission rate for domain names pointed to Afternic, Dan, or Uniregistry nameservers at the time of the sale. If your … [Read more...]
GoDaddy takes down $100m listing for Bitcoin.com
So Mike Sallese pointed this one out to me, a story on TheBlockCrypto.com posted an article about Bitcoin.com being listed for sale on GoDaddy for $100 million. Yogita Khatri wrote: Roger Ver, the owner of the domain, said it is in fact not for sale. "100% fake news," he told The Block. Ver showed The Block screenshots in which he appears to be messaging GoDaddy, saying: "Why are you … [Read more...]
Branders Union publishes it’s Brandable Marketplace Report for Summer, 2020
For all the brandable domain investors out there, you might be interested in the Branders Union. An organization started by Alan August that is essentially a union of brandable investors having a collective voice. They have just published their Brandable Marketplace Report for Summer, 2020. It's a nice report, well done and explains the background of the group and then delves into their … [Read more...]
What they do right – what do they do wrong – Sedo
Over the last few years we have published a series The good, the bad and the ugly. Readers have been able to leave their feedback and some companies have reached out over the years and let me know they took the posts to heart. This year I want to try to change it up a bit and, What they do right and what they do wrong. Focusing in a little deeper to give better feedback to industry … [Read more...]
Verification needs to be required on all offers not just auction bids
So earlier in the week we saw the 2 million pound bid on Lifestyle.com cancelled. Some wondered how could this happen? Sedo makes people submit to greater verification to bid 10,000 or more. Additional Certification may be required: Please note that in order to place bids above 10,000.00 EUR, an additional certification is required and completion of this process may take several business … [Read more...]