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James Iles

Top Topics: I Sold OCX.com for $50,000; Are You Holding Your Crypto Names?...

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By James Iles, Feb 16, 2018
  1. James Iles

    James Iles NamePros Writer PRO Gold Account VIP Trusted Blogger

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    Recently, Elliot Silver (@EJS) of DomainInvesting.com revealed that Tokens.com sold for $500,000. This week, Starfire Holdings' @Candace took to NamePros to confirm that the transaction has now closed, with crypto company Polymath now taking full control of the domain. This would now put Tokens.com as the joint second largest domain sale of 2018 so far.

    Here are this week's Top Topics.


    A Warning to Other Investors: I Was Scammed

    Domain investor Richard Dynas (@uglydork) is perhaps best known for his sale of Hatred.com to Milo Yiannopoulos for $150,000 in June 2017. This week, Richard published a candid tale of how a simple LinkedIn post turned into a potential six-figure acquisition of a premium domain.

    It turns out that Richard was in the process of being scammed out of several thousand dollars, the majority of which he has now regained. The story, available in full in this discussion, is a welcome warning to all investors.

    Topic by: @uglydork


    I Sold OCX.com for $50,000

    Three-letter .COM's have been established as valuable assets to both investors and end users. According to NameBio, there have been 127 three-letter .COM sales within the past year, with several companies opting to pay five and six-figure fees to get the best names.

    After acquiring the domain OCX.com for $19,000 in May 2015, this investor has announced the sale of the domain for $50,000 via the @Sedo marketplace. At the time of writing, the domain is in the process of being transferred to its new owner.

    The identity of the new owner is currently unknown, but it could have been acquired by Integral, a finance company that recently released the Open Currency Exchange.

    Topic by: @WeBuyDomains


    cryptotopics.jpg
    Are You Selling or Holding Your Crypto Domains?

    Quality crypto domain names have been hot property over the past twelve months as more interest and money comes flooding into the space. NameBio lists 107 crypto domain sales above $1,000 in 2018 alone. This is compared with fifty sales for the whole of 2016.

    In this discussion, investors are revealing their strategies for crypto domain names. Are domainers selling or holding?

    Topic by: @Arpit131


    A Four-Letter .COM Sells for Over $15,000

    Another five-figure sale that has been revealed this week is that of a four-letter .COM domain, again via the Sedo marketplace. After receiving an inquiry from a Sedo broker, the investor indicated an asking price and within a day, the buyer had agreed to pay.

    The domain name, revealed by the seller in the discussion, is a pronounceable four-letter domain that was previously offered on NamePros for just $550. This five-figre sale makes this one of the top ten four-letter .COM transactions of 2018 so far. Congratulations to the seller!

    Topic by: @Recons.Com


    GoDaddy's NamesCon Keynote Is Now Available

    The domain industry's most popular annual conference, NamesCon, took place in Las Vegas at the end of January with several hundred investors descending on the Tropicana Hotel to network and to learn more about the industry.

    One of the main events of this year's conference was @Paul Nicks' keynote speech in which he talks about how GoDaddy operates its valuable NameFind portfolio. For those who weren't able to go, or simply missed the keynote, the speech in its entirety is now available to watch.

    Topic by: @Joe Styler


    Top Topics of the Week is a blog series featuring the most popular discussions and content within the domain community. Tune in weekly to see what’s trending!
     
    Last edited: Feb 16, 2018
    The views expressed on this page by users and staff are their own, not those of NamePros.
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  4. James Iles

    About The Author — James Iles

    Writer for NamePros.com. For all inquiries relating to stories and interviews, please email: [email protected]

    This is James Iles's 509th blog post on NamePros. View all blog posts

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