NameSilo
Bob Hawkes

Why Domain Name Hack B.et Sold For $100,000

Views:
2,454
Comments:
48
By Bob Hawkes, Jun 21, 2021
  1. Samer

    Samer Top Contributor VIP

    Posts:
    10,866
    Likes Received:
    21,115
    Oh yea, anywhere near 6 figs is a W for .et lol
     
    Last edited: Jun 24, 2021
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. Samer

    Samer Top Contributor VIP

    Posts:
    10,866
    Likes Received:
    21,115
    Nope.

    i personally think it was an overpay.

    $100K for a non-com? madness O_o
    You can get most .com’s, albeit not “bet” but lot
     
    Last edited: Jun 24, 2021
  3. xcloud123

    xcloud123 Restricted (Chatroom)

    Posts:
    344
    Likes Received:
    380
    it is a very helpful article!
    Thanks for sharing!
    why not bet for betting domains!
    so i bet money on my only one betting domain :CasinoBetting.com
     
  4. xcloud123

    xcloud123 Restricted (Chatroom)

    Posts:
    344
    Likes Received:
    380
    ftpartners owns Finte.ch
     
  5. Nicbro

    Nicbro Established Member

    Posts:
    9
    Likes Received:
    24
    I wouldn't b.et on that, LOL.

    .com is #1 for sure, but for the sake of argument, let's compare the doggroomers.com sell of $104k with $100k b.et - I'd go for b.et any day.

    I guess that's why domain industry is so interesting - people differ so much here. Naming in general is an interesting and tough ask. I welcome your disagreement, I understand the logic, but I'm unmoved from my initial position :)
     
  6. Samer

    Samer Top Contributor VIP

    Posts:
    10,866
    Likes Received:
    21,115
    i would b.et on that. I agree with your post, also find your class non-combative tone. Alrhough i’m dissapointed, i respect ✊ your decision, we need the traffic stats to monitor “bet.me” traffic bump (if any) from purchase. Run for the greatest domain hack ever, i admit.

    Samer
     
    Last edited: Jun 24, 2021
  7. FMy

    FMy NameRobin.com Blue Account

    Posts:
    88
    Likes Received:
    179
    Thanks for the great post @Bob Hawkes .

    I think b.et is cool, but what's more interesting (and informative for future decision making) to me is the choice of the buyer from a whole word / exact match domain name (granted it was .me & not .com, but still ..) to a domain hack for an existing site as their main brand. My concept of domain "upgrade" is challenged here. Thanks again for the post.
     
  8. Bob Hawkes

    Bob Hawkes Top Member NameTalent VIP Gold Account Trusted Blogger

    Posts:
    7,667
    Likes Received:
    25,645
    Thank you so much for this additional information, @DomainHacks.com and congratulations on the sale.

    My apologies for listing nam.es incorrectly in the original article. I have asked mods to correct it, so should be fixed soon.

    Bob
     
  9. indam

    indam Established Member ★★★★★★★★★★

    Posts:
    560
    Likes Received:
    535
    This is probably the second best domain hack I have seen. Nice de.al :)
     
    Last edited: Jun 25, 2021
  10. jhm

    jhm Glazed

    Posts:
    2,475
    Likes Received:
    3,282
    Appreciate the post as always, Bob
     
  11. Bob Hawkes

    Bob Hawkes Top Member NameTalent VIP Gold Account Trusted Blogger

    Posts:
    7,667
    Likes Received:
    25,645
    Hi Richard,

    I agree that articles about things like major sales are not "research" in the true science or social science sense of research. In articles like this I simply try to provide a context - e.g. links to similar sales lists, how the sale ranks in its sector or overall, etc. That may be broadly research in a school or everyday use of the word.

    I do strive to be impartial and detailed. If you have the time, and wish to, I would welcome pointing out the parts which you consider not to be impartial, or (by implication) not sufficiently detailed. I am always looking for ways to improve my writing about domain names. Feel free to comment here, or if you prefer by DM.

    Since one can never write about all sales, writing about any sale might, to some, be considered a form of impartiality. I try to balance articles re sales with other types of articles. Also, to restrict sales articles when there is something distinctive in the sale. In this case, single character domain sales are relatively rare, and this represented one of the largest domain hack sales that has been publicly recorded. I believe it warranted mention in an article.

    Bob
     
  12. Bob Hawkes

    Bob Hawkes Top Member NameTalent VIP Gold Account Trusted Blogger

    Posts:
    7,667
    Likes Received:
    25,645
  13. richardhope

    richardhope Established Member

    Posts:
    41
    Likes Received:
    56
    Thanks Bob, and my apologies for, perhaps, seeming overly sarcastic earlier in this thread... Lord knows, you are one of the very few who've commented well, and constructively, on the subject of "domain hacks". And, although this forum is not something I would ever want to use regularly, I do hope to occasionally make comments on here on subjects that, in my opinion, must absolutely be commented upon.

    And so aside from my grave reservations about the b.et sale, let me try to end on a happier note by saying that if the buyer was aware of the issues or concerns that i've alluded to in this thread (and other threads), prior to purchase, then he has certainly not been misled. It was simply his decision to make, and my concerns that he may have been terribly naive (regarding this purchase) are completely irrelevant.

    Cheers,
     
  14. louddrums

    louddrums Established Member ★★★★★★★★★★

    Posts:
    814
    Likes Received:
    139
    I used to be the owner of N.et - The only reason I sold it back years ago (Higher than the recent auction) was, I had gotten info that 1-char names in .ET were not officially available (back door). The transfer was manual and at the time DNS was wonky. Vi.et's owner had to personally help them with some code to fix their DNS issues (still a little buggy). But hey, the private sale paid for the down payment on my house though! I no longer risk buying 1 character domain hacks for maybe no more then $2500-$3500 (fun money only) as another member here "Kev" and myself, lost a few 1 char names over the years due to corruption in some of these countries. I'll stick to building my businesses on .com only and buy DN hacks for shortening or forwarding, and be prepared to possibly lose money (hopefully not!). Just be sure to do research on some of these countries first, understand their laws/requirements and try to get a read on their internet agency/ministry as best you can. Sometimes, it's a game of musical chairs of reselling hacks for as much as possible until the last person loses.

    Now with all that said, and if you're careful, most ccTLD hacks are fairly safe (I like them!). So far (for me), it's been some small African and Caribbean countries which is where we had problems. Go to 101domain.com and enter any 1 char .ET name and you'll see it's a minimum of 3 Char required. That should tell you something. Buyers beware.

    N.et was my favorite :)
     
  15. Jason Baudendistel

    Jason Baudendistel CEO Wibbets Inc

    Posts:
    298
    Likes Received:
    380
    What registrars offer . ES or similar? Is the one mentioned above the only option for .et?
     
  16. louddrums

    louddrums Established Member ★★★★★★★★★★

    Posts:
    814
    Likes Received:
    139
    Yes, there are other registrars besides 101Domain.com that handle .ES registrations. I haven't really looked into .ET with other registrars. I do know I haven't found others that handle 1 Char .ET regs. BTW, the tip off after the sale and transfer of N.ET for me to turn around and sell it back off quickly was, when I was basically told "trust us, we cannot reveal exactly our registration method and the transfer is that you take over this account". SMH. Member Kev handled that resale and knows more details. Please keep in mind, this is only for 1 char .ET and not the longer .ET names that I know of. This last auction of N.ET on Flippa, I did my due diligence and was not satisfied. It was really telling that the name was being sold for a really low reserve price when I had sold it for much higher. I'm assuming the seller saw something he didn't like. I did not get the answers I was looking for when I asked the registrar and the seller. I guess nothing has changed since I last sold it?
     
  17. richardhope

    richardhope Established Member

    Posts:
    41
    Likes Received:
    56
    And it's not just about registrars, and whether or not they are able to register 1 letter .et domains... Clearly, you also had no idea whether those 1L domain registrations were even allowed by Ethio Telecom, the de-facto registry?

    I say "de-facto", because yet another layer of the legal quagmire (with .et) is in the fact that Ethio Telecom appear to have assumed this role because there is no official .et domain registry. As for the terms of registration, I believe you also find this out AFTER you've actually applied for a name, lol... What the terms are, however, are very important and it's just as important that registrants know what those terms are BEFORE registration.

    Also, with regard to those terms, it seems likely that registrants are simply agreeing to do business with Ethio Telecom... and this may be wildly different than the terms that a registrant would need to see when registering a domain.

    Perhaps if you have a copy of the registrant agreement or terms, that you agreed to when you registered "n.et", you will send it to me via pm?).

    So, not even a domain transfer then?!.. Good god, i'm speechless... This is even worse than I thought!
     
  18. louddrums

    louddrums Established Member ★★★★★★★★★★

    Posts:
    814
    Likes Received:
    139
    That's the thing, the seller had nothing really except "here's the account we're transferring to you!". No terms/agreements just escrow. The whole thing did not sit right, thus the quick sale when someone reached out. I wasn't even done paying for it. The sale cleared my bal and paid for my home down payment.

    Yeah it was bad lol
     
  19. richardhope

    richardhope Established Member

    Posts:
    41
    Likes Received:
    56
    Ok, well thanks a lot for sharing that info. Given the circumstances here, i'm not sure if I agree with you having made money out of selling "n.et", but it doesn't sound as 'though significant money was involved in the sale and at least you're out of the .et situation now...

    I truly feel sorry, 'though, for the guy who just spent $100,000 on b.et. I'm not sure he will even be able to genuinely prove ownership of this domain, and despite the great keyword that's reflected in the name, the domain may not even be worth registration fee...
     
  20. louddrums

    louddrums Established Member ★★★★★★★★★★

    Posts:
    814
    Likes Received:
    139
    BTW, I just wanted to say I'm not trying to take away from the awesome B.ET nor the N.ET sales/buy. They're fantastic sales/buys and they're great names! I was only sharing my past experience in the hopes that maybe that info would be helpful and provide some caution to make sure everything is on solid ground when dealing in 1 char .ET domain names (maybe other longer length char .ET names too?) . That was all :)
     
  21. richardhope

    richardhope Established Member

    Posts:
    41
    Likes Received:
    56
    For the "domainer/s", yes... fantastic sales. :xf.laugh:

    Looking purely at the hacked term, then yes, they are. In fact, if we didn't need to think about a domains' jurisdiction, and whether registrants could genuinely prove ownership of their domains, then I think they would be among the very best names... anywhere.
     
  22. richardhope

    richardhope Established Member

    Posts:
    41
    Likes Received:
    56
    @louddrums By the way, if you're able to find a copy of the registrant terms you agreed to (for n.et) i'd surely like to read it!...
     
  23. Bob Hawkes

    Bob Hawkes Top Member NameTalent VIP Gold Account Trusted Blogger

    Posts:
    7,667
    Likes Received:
    25,645
    While the list is not complete, an easy way to find some registrars that handle an extension is to use TLD-List.

    Here is link for .es (they show 35 registrars)
    https://tld-list.com/tld/es

    And for .et (they show 5 registrars)
    https://tld-list.com/tld/et

    While they only check a subset of all registrars, this gives a starting point. The .et registry also sells directly at both the second and third level for .et.

    DomainNameStats also provide similar information for each TLD. Here is the link for .et.
    https://domainnamestats.com/et/where-to-buy

    Bob
     
  24. Jason Baudendistel

    Jason Baudendistel CEO Wibbets Inc

    Posts:
    298
    Likes Received:
    380
    Thanks Bob, appreciate you sharing.
     
NameWorth
  1. NamePros uses cookies and similar technologies. By using this site, you are agreeing to our privacy policy, terms, and use of cookies.
    Dismiss Notice
Loading...