You all decide am I right or is Sedo right (Part 2 fastfood.com)

[barybadrinath]

Sedo ethics part 2 --

Sedo published domain sale of fastfood.com for 250k usd somewhere between 2013-15. Someone made an offer of 250k usd for fastfood and then it was on auction for 7 days and domain was shown sold for 250k usd.
I followed that auction as I was interested in fastfood but 250k was out of my reach that time.
Everywhere on domain forums , dnjournal , namebio it was mentioned that fastfood was sold for 250k usd.

You all know what. That auction was never paid. And sedo and dave evanson did not care to issue a public info on the same. They all lied.
So in 2018 i made an offer of 95k usd for fastfood.com which was immediately accepted ( in just a min of making an offer ). I was about to send money next day ..
But through my meditation and Indian Mantra power I came to know that all this was a trap from sedo .. the fastfood price of 250k was a lie and auction was never paid.
If i am lying about this I challenge to all domainers to ask about it from sedo..
I refused to pay 250k usd and asked sedo to cancel the deal as they did for hormone.com with me.
Sedo refused. They said i have to pay commission of 12-14k usd for fastfood.
I asked Dave evanson when sale has not taken place , why should I pay commission. And why sedo did not bother to issue a public statement mentioning that their previous public release of 250k for fastfood was a lie. They must have cleared the air.
Sedo refused and blocked my account. Even though i joined sedo in 2011.
This kind of ethics sedo has and these hifi brokers have.
Sedo be sure India is not your playground and time has come now to create a transparent and ethical domain platform. I have never been to any domain conference and have no touch with any Indian domainer but i will do whatever I need to do so that sedo does not play it's dirty tricks with anyone else.
I also feel that selling price of kush.com is far greater than 500k but the seller has been given only 500k ..

 

[barybadrinath]

You made offer, the seller acepted it..
You dont want to pay..
Thats all what I see..

Why I did not want to pay , u see that also first and how many times have i not paid see that also..

 

[equity78]

https://www.thedomains.com/2015/12/...n-sales-tops-1m-total-sales-tops-1-6-billion/


The word fastfood appeared on your website sir. Very politely I am saying. I can see it on your webpage .. now whose content is it or whose is not , how does it matter to me. I trusted your blog since starting and will always trust but if this is wrong info then at least you must have not verified it before posting....

Why did you post in public domain if today you are saying that dnpric.es may be fake news...
Sedo might be your friend but at least me look towards these newsletter for domain Info

If you read the post you see Michael stated who provided the data

DNPric.es database of domain name sales passed over 1,000,000 historic records.

According to the developer of the site, not only it makes DNPric.es, the first one to gather so much public entries in one place, it is also times bigger than any other known data provider.

According to the statistics section on the site:


Michael published an article about DNPric.es and their database, guess what there are sales on Namebio that have never completed, it's not until someone does the research that anyone knows. Fake News? No Fastfood.com closed at auction at $500,000 not fake. https://sedo.com/search/details/?aid=175890&partnerid=44384&tracked=&language=us&origin=partner

It's everyone's responsibility to follow up on a completion of a name they care about.

And again what does this have to do with you not paying $95,000 years later?

 

[barybadrinath]

If you read the post you see Michael stated who provided the data

DNPric.es database of domain name sales passed over 1,000,000 historic records.

According to the developer of the site, not only it makes DNPric.es, the first one to gather so much public entries in one place, it is also times bigger than any other known data provider.

According to the statistics section on the site:


Michael published an article about DNPric.es and their database, guess what there are sales on Namebio that have never completed, it's not until someone does the research that anyone knows. Fake News? No Fastfood.com closed at auction at $500,000 not fake. https://sedo.com/search/details/?aid=175890&partnerid=44384&tracked=&language=us&origin=partner

It's everyone's responsibility to follow up on a completion of a name they care about.

And again what does this have to do with you not paying $95,000 years later?

You cannot give Google a clean chit if someone puts child porn on Google. Google cannot escape the responsibility saying that it's not their content.it might be content posted by someone else but the user saw it on google.
Same I saw the post mentioning sale of 500k usd on your platform sir. Whether this content was verified or not ,its not upto me. It's the responsibility of the publisher on which it is posted.
You need to verify and than post it sir.

2) in the first place my decision to buy this domain name was taken after seeing the past sales record of domains ..
I have bidded on around 150 domain names ,all premium , which were sold before and were available on sedo.
From this list 4 of my offers were accepted at sedo.
I bought 2 , sent money for hormone which seller backed out after money was sent ( do you have guts to shame him as well ) and the last was fastfood.
On the next day of my offer got accepted , i came to know that this 500k sale of fastfood was a lie so i did not pay for it..
This is what have to do for me not paying years later..

 

[equity78]

You cannot give Google a clean chit if someone puts child porn on Google. Google cannot escape the responsibility saying that it's not their content.it might be content posted by someone else but the user saw it on google.
Same I saw the post mentioning sale of 500k usd on your platform sir. Whether this content was verified or not ,its not upto me. It's the responsibility of the publisher on which it is posted.
You need to verify and than post it sir.

2) in the first place my decision to buy this domain name was taken after seeing the past sales record of domains ..
I have bidded on around 150 domain names ,all premium , which were sold before and were available on sedo.
From this list 4 of my offers were accepted at sedo.
I bought 2 , sent money for hormone which seller backed out after money was sent ( do you have guts to shame him as well ) and the last was fastfood.
On the next day of my offer got accepted , i came to know that this 500k sale of fastfood was a lie so i did not pay for it..
This is what have to do for me not paying years later..

No you are wrong , no one is verifying anyone's database of a million domain sales, you use it to buy a name, you verify it. NO ONE HERE OWE'S YOU ANYTHING, DO YOUR OWN RESEARCH.

You made an offer and then didn't pay, you have accused @Sedo of a lot of things, let's see what they do.

 

[barybadrinath]

No you are wrong , no one is verifying anyone's database of a million domain sales, you use it to buy a name, you verify it. NO ONE HERE OWE'S YOU ANYTHING, DO YOUR OWN RESEARCH.

You made an offer and then didn't pay, you have accused @Sedo of a lot of things, let's see what they do.

They can do whstever they want. It's a free world.
And when you are posting data of domain sales i believe you need to verify it sir.
Who knows domains have been sold before also like this false info...
Publisher earns money by the info which they are posting so how come you can escape responsibility from wrong posting.

 

[barybadrinath]

When the sale of fastfood was published on thedomains, why sedo did not say that time that its false.
You says that sedo wont keep an eye on million website , i guess they keep an eye on your website or at least someone from community must have talked about it.
It seems there is quid pro quo among big domainers who does not want to get new people into it and will go to new heights to defend wrong doings ..
I am sure judge in America will give me also one chance to explain my point of view. Justice is neutral not biased...

 

[equity78]

They can do whstever they want. It's a free world.
And when you are posting data of domain sales i believe you need to verify it sir.
Who knows domains have been sold before also like this false info...
Publisher earns money by the info which they are posting so how come you can escape responsibility from wrong posting.

Wrong there is no money paid for posting domain sales info. SO wrong once again.

But what's really wrong is basing domain purchases on the fact that a name once sold for more before. That's wrong.

Guess what Namepros posts domain sales here every day with a link to Namebio, guess what a lot of those names being posted are closing prices, neither @NamePros or @Michael knows if those names will be paid.

You see this:

The top domain name sale of the day was 99330.com selling for $10,008.00 at GoDaddy. NameBio tracked 202 domain sales for a reported total of $106,988.00 with an average price of $529.64 per sale. Compared to the day before, there was a decrease of 9% in the number of sales and the total dollar volume decreased by 28%.

Top Sales for December 30th, 2018

Domain Price Venue
99330.com $10,008 GoDaddy
99676.com $6,188 GoDaddy
icharts.net $6,039 GoDaddy
99220.com $4,550 GoDaddy
freeonlinedice.com $3,416 GoDaddy
hostcoin.net $3,000 Sedo
28077.com $2,750 GoDaddy
70011.com $2,501 GoDaddy
zurqui.com $1,960 NameJet
73066.com $1,502 GoDaddy
manningdesign.com $1,500 BuyDomains
tunche.com $1,225 GoDaddy
btvsports.biz $1,225 Dynadot
antivirusprogram.com $1,199 NameJet
travelretail.com $1,118 GoDaddy
idolza.com $1,090 GoDaddy
ricottacheese.com $1,059 GoDaddy
romanianjewish.org $1,026 GoDaddy
exboyfriend.com $1,000 Flippa


Market Stats for December 30th, 2018

TLD Type Num Sales Dollar Volume Average Median
gTLDs 200 $106,524 $533 $255
New gTLDs 0 $0 $0 $0
ccTLDs 2 $464 $232 $232

gTLD Num Sales Dollar Volume Average Median
COM 178 $89,277 $502 $239
ORG 13 $5,252 $404 $255
NET 7 $10,616 $1,517 $333
LY 1 $104 $104 $104
INFO 1 $154 $154 $154
IO 1 $360 $360 $360
BIZ 1 $1,225 $1,225 $1,225

Venue Num Sales Dollar Volume Average Median
GoDaddy 145 $80,589 $556 $237
DropCatch 26 $7,310 $281 $217
NameJet 23 $11,570 $503 $353
Sedo 2 $3,230 $1,615 $1,615
Dynadot 2 $1,325 $663 $663
Park.io 2 $464 $232 $232
BuyDomains 1 $1,500 $1,500 $1,500
Flippa 1 $1,000 $1,000 $1,000

Category Num Sales Dollar Volume Average Median
Dictionary (English) 0 $0 $0 $0
Dictionary (Spanish) 1 $100 $100 $100
Keyword (x2) 129 $51,295 $398 $223
Keyword (x3) 25 $11,721 $469 $237
Keyword (x4) 4 $1,297 $324 $154
Geo Domains 1 $705 $705 $705
Geo + Keyword 8 $1,943 $243 $145
Surnames 1 $150 $150 $150
Given Names 0 $0 $0 $0
Domain Hacks 0 $0 $0 $0
Crypto Domains 5 $3,748 $750 $180


For a complete list of the day's sales visit:
https://namebio.com/blog/daily-market-report-for-december-30th-2018

Namepros and Michael have no way of knowing if 99330.com gets paid, so if I buy a 5N.com can I back out if I find out 99330.com did not get paid?

NO I CAN'T

 

[barybadrinath]

If Mr Michael is not confirmed that price has been paid or not then he must not post about it.
I did not say that you earn money by posting sales info. People come on your website to read news about domains and that's what generates you revenue.
If the domain prices are not paid and still they are being featured in domain name sales than I believe there is false hype being created by domain platform to keep earning revenue and to achieve their sale targets on the cost of innocent buyer's money. How do we know that you all are not linked with each other.
You scratch my back and I scratch yours. Is this what going on here..

 

[equity78]

When the sale of fastfood was published on thedomains, why sedo did not say that time that its false.
You says that sedo wont keep an eye on million website , i guess they keep an eye on your website or at least someone from community must have talked about it.
It seems there is quid pro quo among big domainers who does not want to get new people into it and will go to new heights to defend wrong doings ..
I am sure judge in America will give me also one chance to explain my point of view. Justice is neutral not biased...

Wrong once again, this is getting boring,

Michael posted the following:

One can learn more about the widgets and embedding via http://dnpric.es/api/#widgets

As another example if you were trying see what a domain name like FastDrive.com is worth you would find these other “Similar Sales”:

fastfood.com June 2014 $ 500,000 Sedo auction

driven.com March 2011 $ 225,000 CastelloBrothers

rodeodrive.com January 2009 $ 60,000 Moniker

loseweightfast.com February 2008 $ 40,000 SnapNames

pricedrive.com April 2011 $ 30,000 Sedo

rodeodrive.com February 2005 $ 30,000 BuyDomains

freedrive.com July 2006 $ 26,250 SnapNames

fastdownload.com January 2006 $ 25,000

drive.net August 2008 $ 21,180 SnapNames

flydrive.com November 2009 $ 21,000 Sedo

That was a mention of the DNPric.es widget and it showed an example from their Database. It's now up to you to use DNPric.es if you like and research sales you find interesting.

 

[barybadrinath]

You already used the word '''sales" whereas it was never a sale and that is my arguement

 

[equity78]

You already used the word '''sales" whereas it was never a sale and that is my arguement

Yeah but the arguement is weak, I get that you read Michael post an example of how to use the DNPric.es widget and they posted FastFood.com as a sale. I get that, my point is that should not have been the basis for you to offer $95,000 years later. Then you justify not paying, I don't understand that.

 

[barybadrinath]

Yeah but the arguement is weak, I get that you read Michael post an example of how to use the DNPric.es widget and they posted FastFood.com as a sale. I get that, my point is that should not have been the basis for you to offer $95,000 years later. Then you justify not paying, I don't understand that.

Judge will decide whether it's weak or not sir if sedo goes to court.
Well I am not an experienced domainer and I was not available to register dictionary names when they were available to register.
I found the only way to achieve big in domains only by myself buying some premium domains and then flipping it.
Now which names to buy was the issue.
Thats when i created the list of one word domains available on sedo for sale.
I took out some domains from this list as potential acquisitions and i started making list of " have they sold before and if yes at what prices. "
Whether I can get them for lesser price was also one consideration.
By this way i bidded for around 150 keyword domains and 4 of them were accepted by sedo.
2 I bought , one was cancelled by owner and the last was fastfood for which all this happened.. after that sedo blocked my account ...
You all might be having some other domain criteria before buying a domain name other than its previously sold price but as my options were limited I was just seeing no of search results in google and its previously traded price.
I am not a big domainer as you all are but I never cheated anyone in domaining or anywhere else.
Even for smartphone i have seller email with me mentioning that i m in charge of smartphone for few more days in 2019 but still sedo took it away.
This was the last nail in coffin from sedo butchers and hence i wrote all about it here.
This incident of fastfood happened in July aug last year I guess. I never told about it to anyone but after smartphone incident I needed to write about it.
Regardless of what you or others think here , I believe sedo is wrong...

 

[branding]

What happened to smartphone then? Seems like you put sedo through a whole lot of trouble without resulting in a finished sale.

 

[barybadrinath]

What happened to smartphone then? Seems like you put sedo through a whole lot of trouble without resulting in a finished sale.

I will tell whole story--

I contacted buyer of smartphone for some other domain last year in july-sep period
He told me he has some premium names and he offered me 10% to sell them.
I sold his 3 domains worth 310k usd last year.
After that he gave me smartphone and 3 more domains to sell.
I started contacting end-users for other domains except smartphone .got an offer of 850k for ephone , 750k for some other and i put smartphone to market in Dec.
I came to Delhi on my own expense and I contacted almost every big company here by personally visiting their offices .
I was marketing it day and night and I sent around 880 emails for smartphone . You name any fortune 500 or any of 120 smartphone manufacturing companies listed on gsm arena . I have contacted them. Mostly i sent emails to after dec 21.
I told the seller that no one has replied till now for smartphone as holidays are going on. He gave smartphone to me till 31 Dec..
Seller told me " ok Puneet no problem , we want you to succeed and we give you some more few days of 2019. It was on Dec 27 or 28. Have to check..

On 31 Dec I got 2 replies directly from ceo of 1 fortune 500 who offered 850k plus escrow for smartphone and one offer was from Indian ceo of a global mnc in America. You all must have used it's services in usa.
This ceo was my cousin'' iit batchmate and my cousin lives in usa. I contacted my cousin also for smartphone so he informed his friend about smartphone.
On 31 that ceo called me and told they want to buy this domain.
I asked 3 million from him and showed him the price for which crypto.com gets sold.
He agreed for 2.5 million usd ( 1 million at time of deal and next 1.5 million in 2019 , every month instalment.
When I presented offers to sellers of smartphone they said sedo is representing them now and Dave evanson is the man.

From last 6 months this seller does not know anything about sedo.after I posted smartphone here on namepros , sedo's dirty tricks dept came in action mode and they gave some greed to seller and snatched the domain away.
I know sedo is an unethical company but what hurted me most is seller's breach of trust.
I would have given him 750k + 850k + 2.5 million deal in jan, out of which 10% was mine but sedo took all away.
There are thousands of domain in this world , I will earn from some other domain name but sedo ,you are not good people..

 

[branding]

I will tell whole story--

I contacted buyer of smartphone for some other domain last year in july-sep period
He told me he has some premium names and he offered me 10% to sell them.
I sold his 3 domains worth 310k usd last year.
After that he gave me smartphone and 3 more domains to sell.
I started contacting end-users for other domains except smartphone .got an offer of 850k for ephone , 750k for some other and i put smartphone to market in Dec.
I came to Delhi on my own expense and I contacted almost every big company here by personally visiting their offices .
I was marketing it day and night and I sent around 880 emails for smartphone . You name any fortune 500 or any of 120 smartphone manufacturing companies listed on gsm arena . I have contacted them. Mostly i sent emails to after dec 21.
I told the seller that no one has replied till now for smartphone as holidays are going on. He gave smartphone to me till 31 Dec..
Seller told me " ok Puneet no problem , we want you to succeed and we give you some more few days of 2019. It was on Dec 27 or 28. Have to check..

On 31 Dec I got 2 replies directly from ceo of 1 fortune 500 who offered 850k plus escrow for smartphone and one offer was from Indian ceo of a global mnc in America. You all must have used it's services in usa.
This ceo was my cousin'' iit batchmate and my cousin lives in usa. I contacted my cousin also for smartphone so he informed his friend about smartphone.
On 31 that ceo called me and told they want to buy this domain.
I asked 3 million from him and showed him the price for which crypto.com gets sold.
He agreed for 2.5 million usd ( 1 million at time of deal and next 1.5 million in 2019 , every month instalment.
When I presented offers to sellers of smartphone they said sedo is representing them now and Dave evanson is the man.

From last 6 months this seller does not know anything about sedo.after I posted smartphone here on namepros , sedo's dirty tricks dept came in action mode and they gave some greed to seller and snatched the domain away.
I know sedo is an unethical company but what hurted me most is seller's breach of trust.
I have given him 750k + 850k + 2.5 million deal , out of which 10% was mine but sedo took all away.
There are thousands of domain in this world , I will earn from some other domain name but sedo ,you are not good people..

If true, that's some decent numbers we're talking about... Although I don't agree with you on the original subject, thanks for taking the time for this info on smartphone, etc.

If I were you and you are actually closing deals this big I'd start getting contracts in place and start talking to a lawyer.

 

[barybadrinath]

If true, that's some decent numbers we're talking about... Although I don't agree with you on the original subject, thanks for taking the time for this info on smartphone, etc.

If I were you and you are actually closing deals this big I'd start getting contracts in place and start talking to a lawyer.

The only mistake i did was i never asked the seller to give a legal contract. He is worth 2 billion usd and is a famous inventor.
He told me I can trust his words on mail so that's why I never got into agreement. Moreover i never thought he will do like this. I have exchanged around 100 emails with him till now so I took him as a man of honor

 

[barybadrinath]

If true, that's some decent numbers we're talking about... Although I don't agree with you on the original subject, thanks for taking the time for this info on smartphone, etc.

If I were you and you are actually closing deals this big I'd start getting contracts in place and start talking to a lawyer.

I am not in position to reveal the name of last year deal worth 310k usd but if there is anyone who is fully neutral and 100%, ethical person, I can tell him the names and he may verify it. I even have escrow.com records for the same

 

[tldboss]

About fastfood, I think you are wrong

About smartphone, I think domain owner (seller) is wrong
Suggest, going forward draft agreement to be exclusive broker, find lawyers who can help you with such agreements

You seem to have made a lot of money selling his domains, so I wouldn't burn bridges, he might come back to you. If he does come back, have a contract ready. Good luck

 

[barybadrinath]

About fastfood, I think you are wrong

About smartphone, I think domain owner (seller) is wrong
Suggest, going forward draft agreement to be exclusive broker, find lawyers who can help you with such agreements

You seem to have made a lot of money selling his domains, so I wouldn't burn bridges, he might come back to you. If he does come back, have a contract ready. Good luck

I wont go to him again. And I won't accept his domains. If god want to give me money he will send by other means to me..for me trust once lost is lost .

 

[barybadrinath]

About fastfood, I think you are wrong

About smartphone, I think domain owner (seller) is wrong
Suggest, going forward draft agreement to be exclusive broker, find lawyers who can help you with such agreements

You seem to have made a lot of money selling his domains, so I wouldn't burn bridges, he might come back to you. If he does come back, have a contract ready. Good luck

And thanks for drafting contract suggestion. Will do from now onwards..

 

[carob]

I refused to pay 250k usd and asked sedo to cancel the deal as they did for hormone.com with me.

What happened with hormone.com?

 

[barybadrinath]

What happened with hormone.com?

Its ok. The person who owns it has personally reached out to me saying it was a mistake.
So in view of domainers bro conduct , I have no regret from him. Someone from his team was playing games which they never knew. No problem for it .

 

[carob]

Its ok. The person who owns it has personally reached out to me saying it was a mistake.
So in view of domainers bro conduct , I have no regret from him. Someone from his team was playing games which they never knew. No problem for it .

Are you saying you bought hormone.com but the transaction did not go through for some reason?

 

[Jay Ha]

Yes i agreed to pay 95k for domain fastfood only after reading sedo previous release of domain being sold for 500k usd which itself was a lie.

But you agreed..
Btw it would have been a nice acquisition. I mean, If you say that you are able to sell smartphone for 2.5m I don't think you will have any problem flipping a 95k in fastfood.

 

[barybadrinath]

Are you saying you bought hormone.com but the transaction did not go through for some reason?

Yes. Money was sent and sedo confirmed it via email