Dynadot

information CoinMena.com sold $25,000 - No commission/brokers/fees - sold by WhoaDomain.com

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WhoaDomain.com

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CoinMena.com Coin "Middle East North Africa"

Ok I can finally announce the sale of CoinMena.com. No NDA but I agreed not to mention who bought the domain even though a quick check is easy enough. The buyer would like to remain anonymous but does not mind the publicity from the sale of CoinMena.com.

Sorry guys. Don't take this photo seriously. It's for shock value not show off value and perhaps for exposure. Just goofin off. Check out that huge melon! (unfortunately empty!) lol

IMG_20190718_182030.jpg


So this makes CoinMena.com at $25,000 the 5th largest domain sale for a domain beginning with keyword "Coin" and highest domain sale for a domain ending with "Mena". MENA stands for Middle East North Africa.

I wish the buyer the best. Met him in person in NYC. Had lunch with buyer at Veselka's, my treat.

Side Note: The buyer told me that the broker they hired to get CoinMena.com for them told them that at most CoinMena.com should cost only $25,000. Buyer told me that Broker offered $8,000+ to me which the broker did and that the broker planned to sell it to them for $25,000. Buyer did not like this arrangement he told me and decided to buy from me directly since we were already in contact prior to the broker being brought in. I really did not understand why they felt the need to bring a broker into the mix.

If it can be avoided, I really would rather not deal with a broker.

Although that's what I did with my last sale PaladinDrones.com.

When brokers contact me, as a rule I ignore, but in this case I said "why not?"

I have no issue with the broker in this case. I'd probably do the same and try to flip a domain for quick profit.

I hope giving this info will help other domainers make the right decision.

I had asked for a ridiculous price of $250,000 so I guess $25,000 was a relief to them.

First we were warned that today. Godaddy users were experiencing issues with transferring domains via Godaddy Push but not external transfers. Supposedly when you do a transfer. The Transfer Button is not made available. But we did not experience that. What we did experience was that the buyer did not receive transfer confirmation email after I had accepted the whois info change update.

The transaction took long because there was an issue pushing the domain from one Godaddy account to another Godaddy account. Had to cancel transfer. Then there was an "error". So ended up transferring to Google Domains.

In which case, Godaddy rep warned me that Google Domains an "experiment" that was being phased out. and the transfer might end up in limbo. I don't know what he was talking about as the transfer went off without a hitch over to Google. Buyer said Godaddy rep was just scaring us into doing the Godaddy push to keep the domain with Godaddy.

Domain Price Date Venue
coin.org 75,000 USD 2014-11-12 DomainGuardians
coinnews.com 27,500 USD 2014-04-16 Uniregistry
coin.store 26,705 USD 2018-08-05 Alibaba
coinbag.com 26,000 USD 2018-02-05 Uniregistry
coinlink.com 22,000 USD 2018-02-26 Sedo
coinbook.com 20,000 USD 2017-08-31 Uniregistry
coinking.com 14,190 USD 2018-04-11 Sedo
coinance.com 12,500 USD 2019-01-31 Sedo
cointax.com 12,200 USD 2017-02-20 Sedo
coinrank.com 12,000 USD 2018-03-20 Uniregistry


Domain Price Date Venue
imena.com 19,000 USD 2012-05-31 GoDaddy
alphamena.com 7,350 USD 2019-01-21 Sedo
camena.ru 3,429 USD 2014-10-15 Sedo
smena.com 3,205 USD 2007-04-17 Sedo
promena.com 2,200 USD 2017-05-15 DropCatch
camena.net 1,350 USD 2014-09-24 Sedo
paranormalphenomena.com 1,000 USD 2011-04-23 Sedo
semena.com 795 USD 2010-04-19 Sedo
wolnadomena.info 685 USD 2008-02-18 GoDaddy
dobra-stara-vremena.com 648 USD 2012-11-25 GoDaddy

It's not the 6 figures I always go for but it's a good start in my liquidation this year.

I have more "Coin" and "MENA" domains if anyone is interested. Next one I'm working on I am going for 6 figures for updates follow me on here.

I hope this sale helps others with their keywords.

I hope this sale gains me some exposure for my other domains.

I also hope people will think twice before sending me $100 offers for my domains.

I also hope this Cashier's check clears tomorrow or else I'll have egg on my face.

Anyone know if I can submit this sale with Namebio without providing info on the buyer?

Good luck to everyone else on their future deals!


Edit: Forgot to mention. Prior to meeting buyer.I was late to the meeting because I stepped in dog poop. ( at least I hope it was dog poop although I looked "human" lol) Had to throw out my sneakers and buy flip flops.
 
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ok here's a list in order of importance.

1. total population of MENA Middle East North Africa over 400 million. You only need to Google the total population of all the countries in MENA.
2. Crypto just recently has become Sharia complaint (I'll need to have my Arab friends confirm this on here. Anyone?)
3. MENA includes not just all the rich countries of the UAE but all the rest including Egypt, and a few others I can't remember. Can anyone from this regioin chime in here? Thanks.
Gadaffi did have plans to create a gold standard in the MENA countries and challenge the USD if anyone knows their history. That's one reason Libya was pounded into the ground.

The virtual gold standard had already been thought out as a real gold standard before cryptocurrencies made their entrance into the world. Think about it. They are planning big things down in the MENA world.
 
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Gadaffi did have plans to create a gold standard in the MENA countries and challenge the USD if anyone knows their history. That's one reason Libya was pounded into the ground.

yeah, they killed Gaddafi because he wanted to establish a gold-backed currency in the MENA-region.
Maybe @Avtar629 is lucky that he got rid of his domain :cautious:

 
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Congrats pal.Amazing job!
Can u share with us how u got contact directly with the buyer? Or the buy contact you?
 
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Nice mate, happy to hear you were lucky with going high!

for the guys going for mena names now i will say, be careful with the regfee frenzy.

Main story is (no offense @Avtar629 ) a domain investor with thousands of names and renewals to make that is still in the red after a 25k sale
and an End user with a lot of money that really wanted a specific name.
 
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Congratulations and well done (y) I love the the crypto/blockchain market and all the oportunties it offers :xf.smile:
 
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Wow congrats! There's not many domainers who have sold a hand reg for $25k.
 
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To be honest during the crypto craze the keyword + coin . Whatever was the popular term.

ie) MenaCoin, so CoinMena is the backwards second cousin to the better term, in your case the buyer wanted to pay you, so you negotiated it, and closed it. Anything that happens with the domain at this point will be from the basis of the buyers, and if they can get their coin adopted for use, otherwise it becomes like the rest.
 
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To be honest during the crypto craze the keyword + coin . Whatever was the popular term.

ie) MenaCoin, so CoinMena is the backwards second cousin to the better term, in your case the buyer wanted to pay you, so you negotiated it, and closed it. Anything that happens with the domain at this point will be from the basis of the buyers, and if they can get their coin adopted for use, otherwise it becomes like the rest.


Not so sure about that. Arabic is written from right to left, so I think this is the best use case format for this name i.e CoinMena > MenaCoin .
 
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Not so sure about that. Arabic is written from right to left, so I think this is the best use case format for this name i.e CoinMena > MenaCoin .

In that case, wouldn't it be read from right to left too?
 
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In that case, wouldn't it be read from right to left too?

They aren't going to read it as ANEMNIOIC. I'm just saying based on how Arabic is read right to left, this format makes more sense.
 
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Stepping on dog poop ( or human :)) is a good sign 😂.
 
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Congrats to an astute salessalesman, you know the market and are profiting from it.
 
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That's a great sale. Congratulations
 
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but are they end user buyer? cause i see the domain coinmena is still for sale? so they are going to sell it again...

I have defi.es & qryptocurrency.de

I would be grateful if u have any help to get buyer for me
 
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Update on CoinMena.com

The buyer finally got around to changing the DNS. For a little while coinmena.com was still pointing to my Efty page. Now it is officially showing their website and it looks great.

Best of luck to the buyer!

My other domains are available.

Bituae.com
CoinUAE.com
CoinEmirates.com
Dubaibit.com
UAEBit.com

And just hand reg now. EmiratesBit.com

A word of advice. Follow me as I will be in liquidation mode very very soon via auctions. No reserve.

Mostly crypto domains and other niches. Priced to sell with plenty of room for you to flip.

Thanks for all the well wishing it is all very much appreciated.

It's been mentioned often on here about my inventory and this sale.

There is always one in every bunch that poops on your parade. Not that I need to defend the way I handle my business but this money will help with giving me breathing room to just finally get around to setting up domain auctions to liquidate my inventory. So not really worried. Negativity is counterproductive and poison to the soul.

I choose to be positive if not just for myself but for everyone else who need it.

Negativity is a choice not a rule.
 
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yeah, they killed Gaddafi because he wanted to establish a gold-backed currency in the MENA-region.
Maybe @Avtar629 is lucky that he got rid of his domain :cautious:

Was checking my inventory and coincidentally I regged these this past May.

ExchangeMena.com
ItMena.com
DubaiMena.com
Uaemena.com
Bankofmena.com
Freemena.com
Newsmena.com
and....wait...... for ....it.


GOLDMENA.com

😉
 
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