sales New gTLD Chartquake: $500,000 .Loans Sale Followed By $300,000 .CLUB Aftershock

[Ron Jackson]

The new weekly domain sales report is out at DNJournal.com and it is a jaw-dropper. As some of you know, bad news has been piling up for new gTLD fans in recent weeks but the sun finally came out Tuesday when Donuts announced they had made a $500,000 all cash sale of Home.loans - the biggest new gTLD sale ever reported. Less than 24 hours later came a major sales aftershock that we revealed tonight – a $300,000 sale of a .CLUB domain – the second highest new gTLD sale ever reported. Those two lead our latest weekly all extension Top 20 sales chart, followed by a 6-figure .com sale. You can get all of the details here: http://www.dnjournal.com/archive/domainsales/2018/20180207.htm

 

[sofiapartner]

Yeah. Go now and reg clubs and loans like crazy. Leave the .coms to us - the stupid nonbelievers.

 

[kriss05]

That is true for other extensions as well. There is no reason why nTLDs sales would be reported less than .com.

Actually there is a reason. Smart people now are building great ngtld portfolios, enjoying all this ngtld haters' non-sense. They don't report most of sales as they don't want more competition at this time.

 

[offthehandle]

How many were end user sales versus investor or greater fool sales?

It would be nice to know. Some of these sales like ETH I misunderstood as an end user sale, but later read here it sold to an investor meanwhile the ETH company has no interest in it seems.

It would be nice to separate the two. The value in end user’s eyes is real news. NOT investors or speculators. The hype is incredible.

Just left to read the blogs and found this. Great end user sales. Thumbs up and congrats to the previous owners.

https://domainnamewire.com/2018/01/25/end-user-domain-name-sales-195000/

 

[Bob Hawkes]

Does anyone know why these two sales do not yet appear on Namebio, even though the announcements and evidence seem pretty clearly substantiated in other trusted forums?

Does Namebio have published somewhere exactly how they get their data, and which are counted and which not? For example, it seems normally Afternic are not reported, but I see the DNAcode.com is reported on Afternic.

I presume with Efty they only get on if the seller reports it directly.

Undeveloped have a lot of the recent sales there (on the top of 2018 list). Is that because they are suddenly selling many more high value, or that it is being reported now on Namebio and was not before?

 

[dordomai]

Actually there is a reason. Smart people now are building great ngtld portfolios, enjoying all this ngtld haters' non-sense. They don't report most of sales as they don't want more competition at this time.

most sales are made by registries and they do want to report as much as possible so nGTLDs sales are no more likely to be underreported than .com sales.

i am not using a single webservice on a new extension so far and I will not believe this is a future trend unless I am seeing it from the perspective as an internet user.

 

[kriss05]

most sales are made by registries and they do want to report as much as possible so nGTLDs sales are no more likely to be underreported than .com sales.

i am not using a single webservice on a new extension so far and I will not believe this is a future trend unless I am seeing it from the perspective as an internet user.

This is what I meant when talking about ngtld guys enjoying ngtld "criticism"

 

[bmugford]

It is just a beginning And keep in mind 95% + of new gTLD sales are publicly unreported. Lot of private transactions ongoing atm.

You can extrapolate the amount of sales based on the reported sales.

Low reported sales = low overall sales.

There is no reason a new extension would have a lower % reported than an extension like .COM.

Brad

 

[offthehandle]

Does anyone know why these two sales do not yet appear on Namebio, even though the announcements and evidence seem pretty clearly substantiated in other trusted forums?

For me, "Trusted forums" is difficult to define. The TOS Statement "Well known to us"- has always bothered me and have posted that before here. The DNJournal is a great publication and I admire the work that goes into it and it being posted here, and do not want to discredit the information.

There is no official "MLS" or tax record of sales, so all the data is as-is, where-is.

There are other blogs that report sales, then later never retract or correct the data when a sale falls through. It's a monumental task to take and edit and edit, so I completely understand. It's a good question you raise.

What continually bothers me are some of those in the weekly news, seemed to have appeared in untrusted threads on this forum: https://www.namepros.com/threads/bidding-on-your-own-names-at-namejet.1030874/

"In these cases, unless the parties to the sale are already very well-known to us, we require that documentation showing proof of the price paid be sent to us."
https://www.dnjournal.com/sales-verification.htm

 

[Kingslayer]

Nice sales, thanks for posting

 

[Casey L]

Another great pair of registry sales. Continuing the prove that only registries hold the good ntld domains, while domainers continue to think their scraps are anything near comparable

 

[iAchilles]

Congratulations is in order to Wells Fargo, they are the biggest winner of this deal. Free piggy back ride on a competitors marketing budget, nice!

At a conservative guess they will leak 0.20c on the dollar to Wells Fargo for every marketing dollar spent.

 

[Bob Hawkes]

Another great pair of registry sales. Continuing the prove that only registries hold the good ntld domains, while domainers continue to think their scraps are anything near comparable

The(.)club is not a registry sale (the other one is).

 

[ThatNameGuy]

How many were end user sales versus investor or greater fool sales?

It would be nice to know. Some of these sales like ETH I misunderstood as an end user sale, but later read here it sold to an investor meanwhile the ETH company has no interest in it seems.

It would be nice to separate the two. The value in end user’s eyes is real news. NOT investors or speculators. The hype is incredible.

Just left to read the blogs and found this. Great end user sales. Thumbs up and congrats to the previous owners.

https://domainnamewire.com/2018/01/25/end-user-domain-name-sales-195000/

How many were end user sales versus investor or greater fool sales?

It would be nice to know. Some of these sales like ETH I misunderstood as an end user sale, but later read here it sold to an investor meanwhile the ETH company has no interest in it seems.

It would be nice to separate the two. The value in end user’s eyes is real news. NOT investors or speculators. The hype is incredible.

Just left to read the blogs and found this. Great end user sales. Thumbs up and congrats to the previous owners.

https://domainnamewire.com/2018/01/25/end-user-domain-name-sales-195000/

Regardless of whether some of the buyers are investors or speculators, it's still a good thing

 

[Recons.Com]

These sales just prove that when Word+Extension makes sense, they can be great for branding and Home+Loans and The+Club are fantastic combos. That is the reason the registry kept the name with huge price tag and for the.club the seller put out 19K and had patience and negotiating skills to get the reward.

They still don't make the bread-n-butter of any registry, companyname.extension, a good option for businesses. Meaning, I am happy with Recons.com but wouldn't consider it a good fit to build around Recons.club or Recons.xyz. Wine.Club, The.Club, Elite.Club, Travel.Club though are worth it. I just don't have time to play those registry games with platinums etc. and don't want to support them in this practice. That is why I am voting against with my wallet.

 

[offthehandle]

Regardless of whether some of the buyers are investors or speculators, it's still a good thing

That depends. As you aware, some stock brokers "churn" their clients portfolios, simply to collect fees.

But in order to create an enhanced valuation of the real market some domainers churn the market by selling amongst themselves. When Domainer A sells to Domainer B, Domainer B sells to Domainer C, then Domainer C sells back under privacy to Domainer A- it's a phony game of publicity. Then Domainer A waits 6 months and pawns off the name on Flippa or Name Jet. Domainer D who sat back perhaps without evaluating the history, bids too much and is stuck with it. Valuable names don't necessarily appear at auction. They are private sales. Funny business isn't it?

What I find interesting too is that a few people buy up the new Gtld's, post their support for them in various threads, then sell them here on NP's for wholesale. For little profit instead of selling to end users. The lack of adoption by end users, and overall market acceptance is an issue. Sure, in another 20 years perhaps the general public people will finally realize there are other extensions than .org, .net and .com.

In time, you will start to see some of the nonsense, but it takes quite awhile to see what's really going on. Some transactions by brokers themselves are hidden purposely behind other brokers.

 

[wot]

The Club®

TheClub.com

 

[Bob Hawkes]

I did a little calculation I think some of you might find interesting (and posted it on my Twitter feed which is @AGreatDomain).

If the $19,000 paid for the(.)club domain name when previously sold at auction Nov 1, 2015 had been invested in #bitcoin on that date, it would have been worth $752.000 on Jan 21, 2018 when the domain was resold for $300,000!

 

[DNScholar]

I did a little calculation I think some of you might find interesting (and posted it on my Twitter feed which is @AGreatDomain).

If the $19,000 paid for the(.)club domain name when previously sold at auction Nov 1, 2015 had been invested in #bitcoin on that date, it would have been worth $752.000 on Jan 21, 2018 when the domain was resold for $300,000!

Is it $752,000
If right than excellent calculation

 

[Bob Hawkes]

Yes sorry about decimal point, it is $752,000 (I used web sources for the Bitcoin values on the two dates). Just shows the great couple of years Bitcoin has had!

 

[wwwweb]

How do you think the wine.club guy is doing with a rate of return, .club was sad they sold it, it has sat doing nothing all these years, what a waste of money, wineclub.com was listed at namescon auction last year, and I don't think it could even get past $80K, which is really weird.

 

[wwwweb]

It is just a beginning And keep in mind 95% + of new gTLD sales are publicly unreported. Lot of private transactions ongoing atm.

What is your source, you just made that up.

 

[dordomai]

What is your source, you just made that up.

generally a lot of sales are never reported in all extensions nothing new here.

we can do relative comparisons and see that .whatever is not selling much domains compared to .com and .io etc.

 

[wwwweb]

generally a lot of sales are never reported in all extensions nothing new here.

we can do relative comparisons and see that .whatever is not selling much domains compared to .com and .io etc.

95% is a made up number, I know many sales never go reported due to direct landers, but I don't think this guy has enough knowledge to be making a statement to say basically all but 1 or 2 sales per week go reported. That is a big statement by a guy who probably doesn't even sell $50K worth of domains a year.

We saw at the namescon auction how bad gtld's are beatup, a few years ago .club's were fetching a premium today the auctioneer had to stretch the bidding to get something out of people.

I own a very diverse GTLD portfolio, and I have no issue being honest about it, inquiries are down, sales are down. It is attributed to the lack of marketing dollars in 2014/2015 we had many releases, lots of talk, lots of marketing, people were excited, curious, informed, fast forward 2017/2018 many of those dollars have gone into defensive holds given a strong indication of drops moving forward.

You just can't make up stats saying 95% of gtld sales go unreported, it is a baseless claim, and it provides no benefit, especially if the source in itself probably doesn't even cover their own renewals.

 

[tupungato]

Just speculating.
But.
I can imagine a registry operator company investing in this type of marketing. Let's make a few good looking high $$$$$ sales between insider shell companies. All official, in Sedo or whatever reputable market. $100,000 sale costs $15,000 in fees. Rest of money stays with company. Blogs and forums report the sale. The domainers go with the hype. Register tens of thousands new domains. Others, who already have some domains with trending TLD decide to renew domains they wouldn't have renewed.

 

[Platinums]

Just speculating.
But.
I can imagine a registry operator company investing in this type of marketing. Let's make a few good looking high $$$$$ sales between insider shell companies. All official, in Sedo or whatever reputable market. $100,000 sale costs $15,000 in fees. Rest of money stays with company. Blogs and forums report the sale. The domainers go with the hype. Register tens of thousands new domains. Others, who already have some domains with trending TLD decide to renew domains they wouldn't have renewed.

so do you mean that all sales are fake? and domaining is BS?