sales Swetha’s Sales – The Truth May Shock You!

[Digital Nomad]

Here is a nice article posted on NameBio.com by Michael Sumner the CEO of NameBio.com. He asked for Swetha's aka @DNGear username and password to log into her Afternic account to confirm the sales once and for all, read it all below or go to https://namebio.com/blog/swethas-sales-the-truth-may-shock-you/

Swetha’s Sales – The Truth May Shock You!​

Yesterday there was quite the stir on Twitter after Swetha reported another batch of jaw-dropping .xyz sales. User @jackdomainer did some research and found that an overwhelming majority of her sales were still not developed, which he thought was suspicious given the price tags. Theories started flying around, and even the Castello Brothers and Rick Schwartz chimed in with vague statements alluding to some grand conspiracy.

Grab some popcorn and read it for yourself here:

https://twitter.com/x/status/1596296988966154241

The low rate of development was the only “proof” provided so far. But why report fake sales? Well isn’t it obvious? To boost the value of her own assets so she can dump them on unsuspecting wholesalers, hoping to reproduce her incredible success, for inflated prices.


But ask yourself this… how many times have you seen Swetha wholesaling premium .xyz domains? I may have missed it, but I don’t recall seeing that.


For years I’ve been in the awkward position of publishing these sales reports. All I can go on is a screenshot, which she graciously provided for every single sale report since the day she started sharing. But screenshots can be faked relatively easily.


I could ask her to share her screen with me while she logs in to a marketplace, but even that could be faked with browser extensions that modify the page live. It’s more difficult than faking a screenshot, but not impossible. Not good enough.


To get a definitive answer, I reached out to Swetha and asked for the unthinkable. I asked if she would give me her username and password to her Afternic account, so I could log in myself and verify all the sales she has ever reported at this marketplace.





I felt bad even asking. Here she is sharing her valuable sales data with the community, all while being given endless grief about it. And now some stranger is asking to log in to her Afternic account. A lesser person would have just said “fuck it”, stopped reporting sales, and told me to go away. But you know what… she agreed! It was at this moment I knew it was all true and factual, but still, I’m going to “due diligence” the heck out of this.


So I quickly logged in to her Afternic account and visited this URL to get a dump of all the raw sales data. Then I started taking screenshots of her sales summary page. I logged out and let her know I was done so she could change her password. Then I started diving in.


One by one I checked the sales against what we have in our database. Every single one of them was perfect. Except I discovered something shocking. Quite a few of the sales were never reported. However good you think she’s doing based on what she has reported, she’s actually doing even better. That’s insane!


Now remember, Swetha has been reporting sales for quite a while now. All this time, she had no idea I would ever ask her to log in to any of her accounts, or which one(s) I would ask for. So if she was going to fabricate sales, she would have no way of knowing to always keep Afternic clean, as opposed to DAN or Escrow.com or whatever. Thus I now feel 100% confident in all her reports, not just the Afternic ones.


I also now feel confident in saying that Swetha is probably in the Top 100 of all domain investors who have ever lived, and she is probably in the Top 5 of all investors who aren’t part of the “old guard”. Maybe even #1 of the new generation.


But more than that, she is a kindhearted individual who is generously sharing what is working for her even though it makes new acquisitions more expensive for her. And even when the haters show up in droves, she stays the course. Thank you Swetha.


Is it possible that she’s a shill for the registry, and they’re creating hundreds of accounts across multiple marketplaces to buy the domains from her? I mean anything is possible. But it seems highly improbable that they would lock up funds and trust that she would always give them back, just to create the appearance of demand. They don’t benefit from the wholesale aftermarket, so it would just be for the sake of hand regs.


And then how do you explain the ones that are developed? And how do you explain other people getting large XYZ sales? Believe what you want, and skepticism is generally a healthy thing, but this theory seems so out there and lacking in any evidence that I have to think anyone who believes it is jealous (or loves conspiracy theories more than Rob Monster).


Here is the full screenshot I took of her sales summary page, with unreported sales blacked out for her privacy. Again, I took this screenshot myself while personally logged in to her Afternic account, it was not shared with me. I saw it with my own eyes.

Check out the screenshot of Swetha's sales at: https://namebio.com/assets/swetha-sales.jpg

Source: https://namebio.com/blog/swethas-sales-the-truth-may-shock-you/

 

[Constantin S]

FINALLY, this should resolve all those conspiracies against her, I always trusted her because it didn't make much sense for her to lie about it.

 

[1Darko]

Agree. Swetha if you are reading this do yourself a favour, don't report any of your sales, you don’t get any better thought of because of it.

The more successful someone is you will always get people (out of jealously or other reasons) who will try to undermine your achievements and blacken your name (identity), it's not worth it.

Operate under the radar, make money for yourself/family, you don’t have to prove anything to anyone.

I don't agree with you that she should stop reporting. On the contrary - she should report as much as possible and rub the salt in the "wounds" of the haters.

 

[Ostrados]

That is highly subjective, but she has 63/88 reported (5) figure .XYZ sales in that last year.

When you own around 20,000 domains out of 4,700,000 registrations, that is a pretty incredible ratio.

I have never seen anything close to that ratio in any other major extension.

I think .XYZ introducing premium registration and/or renewals likely does play some factor as well.
As far as I know almost all, if not all, of her domains have standard renewal fees which helps.

It is possible there would be more high dollar sales if they were not dragged down by registry premium fees.
It really impacts resale value.

Brad

I believe the reason is that she owns most of the top premium xyz names.

99.99% of the 4,7mil domains are not premium

Second reason is that she priced her domains in 5-6 figure range while most other domainers didn't dare to do the same on their xyz domains. In other words most of 5 figure xyz names offered for sale might be Swetha's .

 

[Kingslayer]

I don't agree with you that she should stop reporting. On the contrary - she should report as much as possible and rub the salt in the "wounds" of the haters.

Is it worth the hassle? Your name is your identity in this world, if you type your name into Google and you get negativity for sharing information is it worth it? What are you getting from it?

 

[tldboss]

Congrats Swetha!

 

[NickB]

Most people weren't actually questioning the sales though (small minority where in the grand scheme of things)....they were/are sceptical of the extension itself - easier to label every .xyz doubter a Swetha hater I suppose....

Muddy the waters enough and it leads to this situation where account details have to be shared because people can't have a reasonable discussion and end up getting labelled by a small minority of sanctimonious keyboard warriors - absolute joke......

 

[1Darko]

Is it worth the hassle? Your name is your identity in this world, if you type your name into Google and you get negativity for sharing information is it worth it? What are you getting from it?

The marketing effect should be taken into account every time she reports sales.

 

[xcloud123]

100k usdollars sold Capital.xyz had built its project

 

[atulghorpade]

Few months ago I sold the domain name infinix(.)xyz, at Afternic.

The domain is undeveloped, nameservers are the same.

Can you please contact the buyer on my behalf, and ask him to come here and explain to you why his domain is not developed yet?

This makes sense.

 

[comRaid]

Ha Ha . Asking password for some else's account is absolutely surreal !!!

- She owns 20k+ best keywords (not registry premiums) . Its denominator should not be the total number of registrations, but the number of high quality keywords.
- On the other side web3 enthusiasts got a lot of funny money (still)

 

[Andreas B.]

- On the other side web3 enthusiasts got a lot of funny money (still)

Yeah, that's the reason why a certain amount of .xyz domains is not developed / or not used.

It's the web3 enthusiasts that got funded like hell...

All I wanted to say / know with my into-statement.

thx

 

[HotKey]

A pretty intrusive way to satisfy the doubts of a few.

I think it's time to take a look at the weighting of some of the well-versed in the domaining industry, vs the reality that indeed the Internet is forging it's own path with new domain names.

I have no doubt there is a discrepancy between those that say they are looking out for the interests of others, and an agenda-driven effort to protect their own interests whilst doing so.

This is kind of a bittersweet moment in domaining for me.

 

[keywordrichdomains]

It's not about Swetha; you have to look at it from an investor's point of view. If she really does this type of successful business, we should be happy and there is a great lesson to be learned from her as investors!

Personally, I was a big fan of Swetha and by following her way I invested over 20k in the XYZ extension and acquired similar domains what she holds focused on Web3.

I could also succeed in selling 5 domains in low figures. Once I asked here in this forum why she is not selling domains via the Sedo platform, she reported some sales after a few days, and after a few days I was able to sell a domain name for $9777 and this domain is still not developed!

All other domains I sold at low prices developed and active online. I hope it's a coincidence that I can't make conspiracies!

As many have mentioned, we don't need jealousy on her because her sales will make a higher level probability of selling ours as well! But, unfortunately, the fact is that she only makes such sales even in this financial slowdown and others are not even lucky enough to dream of such sales in their lifetime of investing!

I think it's insignificant to own 20,000 domains out of 4,700,000 registrations to gain an incredible monopoly in the aftermarket of XYZ. Also, don't think her portfolio has such incredibly great keywords!

Therefore, I think something is a miracle happening here and we need to trace the secret behind such a miracle to get the benefit of all investors in the industry!

Like some good-hearted investors mentioned here, she shouldn't flag her sales in this forum like the other big guys do in the industry (if that's true!). That would be a good solution to prevent the false effect of running train on the issue! If they're bogus sales, they can't because they need advertising!

Also, we can't really believe the registrars and their strategy to promote their extensions using some of their agents!

I've some concerns over her sales getting wide publicity on this forum. The are;

1. It should not mislead emerging investors who lose their hard-earned money like I do now. Because people like me make a lot of investment decisions based on this forum's input.

2. The NP should not become a false information platform as it contributes a great deal to the industry.

3. The main purpose of this type of forum is to discuss impartial and relevant information about the industry, and not to keep the interests of the cartels at bay!

4. Simply reporting domain sales is not a way of going to the advantage of investors, they also need to give a bit of information about their sales strategy and experience. I must say that people like @twiki do great things in this direction!

 

[1Darko]

A pretty intrusive way to satisfy the doubts of a few.

I think it's time to take a look at the weighting of some of the well-versed in the domaining industry, vs the reality that indeed the Internet is forging it's own path with new domain names.

I have no doubt there is a discrepancy between those that say they are looking out for the interests of others, and an agenda-driven effort to protect their own interests whilst doing so.

This is kind of a bittersweet moment in domaining for me.

Exactly that!

 

[silentg]

You can never satisfy the trolls and haters.

What’s shocking from all of this: Industry veterans ruining their reputation by supporting baseless claims. First they said her sales are fake and now they’re saying she has background dealing with xyz registry.


Those who benefited from her sales are not reporting their sales to NameBio and DNJournal.
One example: gaming . Xyz (sold by reputable domainer for 6 figures but sale isn’t reported and listed on Namebio)
This is just one example and there are far more sales that don’t get reported.

 

[1Darko]

It's not about Swetha; you have to look at it from an investor's point of view. If she really does this type of successful business, we should be happy and there is a great lesson to be learned from her as investors!

Personally, I was a big fan of Swetha and by following her way I invested over 20k in the XYZ extension and acquired similar domains what she holds focused on Web3.

I could also succeed in selling 5 domains in low figures. Once I asked here in this forum why she is not selling domains via the Sedo platform, she reported some sales after a few days, and after a few days I was able to sell a domain name for $9777 and this domain is still not developed!

All other domains I sold at low prices developed and active online. I hope it's a coincidence that I can't make conspiracies!

As many have mentioned, we don't need jealousy on her because her sales will make a higher level probability of selling ours as well! But, unfortunately, the fact is that she only makes such sales even in this financial slowdown and others are not even lucky enough to dream of such sales in their lifetime of investing!

I think it's insignificant to own 20,000 domains out of 4,700,000 registrations to gain an incredible monopoly in the aftermarket of XYZ. Also, don't think her portfolio has such incredibly great keywords!

Therefore, I think something is a miracle happening here and we need to trace the secret behind such a miracle to get the benefit of all investors in the industry!

Like some good-hearted investors mentioned here, she shouldn't flag her sales in this forum like the other big guys do in the industry (if that's true!). That would be a good solution to prevent the false effect of running train on the issue! If they're bogus sales, they can't because they need advertising!

Also, we can't really believe the registrars and their strategy to promote their extensions using some of their agents!

I've some concerns over her sales getting wide publicity on this forum. The are;

1. It should not mislead emerging investors who lose their hard-earned money like I do now. Because people like me make a lot of investment decisions based on this forum's input.

2. The NP should not become a false information platform as it contributes a great deal to the industry.

3. The main purpose of this type of forum is to discuss impartial and relevant information about the industry, and not to keep the interests of the cartels at bay!

4. Simply reporting domain sales is not a way of going to the advantage of investors, they also need to give a bit of information about their sales strategy and experience. I must say that people like @twiki do great things in this direction!

If you think that succesful domain selling means that you can copy another domainers strategy you're wrong!
What did you buy for 20,000 bucks?
Why don't you copy Rick Schwartz, Mike Mann, Andrew Rosener, Frank Schilling, ... etc. Because you can't. To late to the game!
But you thought you can copy Swetha with 20,000 bucks invested in .xyz. Come on, be realistic - you can't - to late to the game! Sorry!
On that note - you still doubt in her sales even after she literally let everybody in her "bedroom" - shame on you!

Is this sale real or not ? - please tell us: https://www.namepros.com/threads/gaming-xyz-sold-for-123-984-squadhelp.1286501/page-2#post-8741092

And the best for the end - blame namepros for your misinvestments - just hilarious!

 

[keywordrichdomains]

If you think that succesful domain selling means that you can copy another domainers strategy you're wrong!
What did you buy for 20,000 bucks?
Why don't you copy Rick Schwartz, Mike Mann, Andrew Rosener, Frank Schilling, ... etc. Because you can't. To late to the game!
But you thought you can copy Swetha with 20,000 bucks invested in .xyz. Come on, be realistic - you can't - to late to the game! Sorry!
On that note - you still doubt in her sales even after she literally let everybody in her "bedroom" - shame on you!

Is this sale real or not ? - please tell us: https://www.namepros.com/threads/gaming-xyz-sold-for-123-984-squadhelp.1286501/page-2#post-8741092

And the best for the end - blame namepros for your misinvestments - just hilarious!

My friend, there is a fundamental difference between you and me on this subject. I mean the welfare of all investors, but you're only justifying Swetha! I stick to rational observation, but you're over the emotion!

This isn't about Swetha. My concern is misleading and useless information for investors. Maybe I'm missing the point on the game theory of the investment. But, one thing sure that many investors could be replicated Swetha's way after her big publicity on XYZ sales! Also, there would be a basic tendency to any investor to follow the path of successful investors based on their information which is correct or not! What I was going to say is that we have to validate that information if other people don't benefit as much!

Indicating another outlier case and justifying monopolistic market behavior of a single investor is really not a good thing. Also, it would be good to learn a little more about probability theories and statistical inference to understand some market behaviors! . In addition, we must understand the nexus and cartel behavior between registrars, after market platforms, auction platforms and some celebrity investors instead of taking everything innocently. This could keep your pocket safe!

Anyway, it's a good initiative by Michael Sumner, the CEO of NameBio.com to validate this information through his own logical pathway. Such initiatives would make this industry even better and stronger.

At the same time, we should all appreciate Swetha's great investment strategy, and we should request her to explain a bit about her successful strategy to other fellow investors without just reporting the sales! This would create a more positive vibe in this platform.

Let me stop here and say a big thank you to the NamePros platform for allowing us to discuss these industry-related issues impartially!

I wish all investors a good fortune as Swetha!!

 

[NickB]

This isn't about Swetha. My concern is misleading and useless information for investors. Maybe I'm missing the point on the game theory of the investment. But, one thing sure that many investors could be replicated Swetha's way after her big publicity on XYZ sales! Also, there would be a basic tendency to any investor to follow the path of successful investors based on their information which is correct or not! What I was going to say is that we have to validate that information if other people don't benefit as much!

Indicating another outlier case and justifying monopolistic market behavior of a single investor is really not a good thing. Also, it would be good to learn a little more about probability theories and statistical inference to understand some market behaviors! . In addition, we must understand the nexus and cartel behavior between registrars, after market platforms, auction platforms and some celebrity investors instead of taking everything innocently. This could keep your pocket safe!

Anyway, it's a good initiative by Michael Sumner, the CEO of NameBio.com to validate this information through his own logical pathway. Such initiatives would make this industry even better and stronger.

Really?

People can share as little or as much as they like - bare minimum on here is domain name | sales price

Additional info that is appreciated is purchase price, hold time and a screen shot of the sale.....

If you can't use that info as a springboard for further research then tough sh&t.......

This is a highly illiquid, high risk, secretive (borderline paranoid) investment niche where most don't share anything - be grateful for what little we do get.......

Imo it is not a good initiative and not logical asking someone for their login details to look at their sales - if it was me I would of said no........

 

[1Darko]

My friend, there is a fundamental difference between you and me on this subject. I mean the welfare of all investors, but you're only justifying Swetha! I stick to rational observation, but you're over the emotion!

This isn't about Swetha. My concern is misleading and useless information for investors. Maybe I'm missing the point on the game theory of the investment. But, one thing sure that many investors could be replicated Swetha's way after her big publicity on XYZ sales! Also, there would be a basic tendency to any investor to follow the path of successful investors based on their information which is correct or not! What I was going to say is that we have to validate that information if other people don't benefit as much!

Indicating another outlier case and justifying monopolistic market behavior of a single investor is really not a good thing. Also, it would be good to learn a little more about probability theories and statistical inference to understand some market behaviors! . In addition, we must understand the nexus and cartel behavior between registrars, after market platforms, auction platforms and some celebrity investors instead of taking everything innocently. This could keep your pocket safe!

Anyway, it's a good initiative by Michael Sumner, the CEO of NameBio.com to validate this information through his own logical pathway. Such initiatives would make this industry even better and stronger.

At the same time, we should all appreciate Swetha's great investment strategy, and we should request her to explain a bit about her successful strategy to other fellow investors without just reporting the sales! This would create a more positive vibe in this platform.

Let me stop here and say a big thank you to the NamePros platform for allowing us to discuss these industry-related issues impartially!

I wish all investors a good fortune as Swetha!!

Wow - this gets better and better.
You know, you are asking a lot of Swetha. But you can lead by example.
Please report your 6 .xyz sales in this thread and publish your 20,000 bucks investment in .xyz, so that we all can learn from your misinvestment.
Thanks in advance!

 

[keywordrichdomains]

Really?

People can share as little or as much as they like - bare minimum on here is domain name | sales price

Additional info that is appreciated is purchase price, hold time and a screen shot of the sale.....

If you can't use that info as a springboard for further research then tough sh&t.......

This is a highly illiquid, high risk, secretive (borderline paranoid) investment niche where most don't share anything - be grateful for what little we do get.......

Imo it is not a good initiative and not logical asking someone for their login details to look at their sales - if it was me I would of said no........

Good! But, you should not deceive others by giving your little info. This is a basic etiquette in any industry

 

[Lox]

Having a network is important. Her sales has nothing to do with "domain flippers box /networking." Don't sit on the couch and wait for it. Go connect/engage and be correct. Remember: Networking is not selling. Getting to know them (developers, industry sector, mindset) is the first step. Keeping in touch without any pitching is the key.

If you are going to calculate, all of this gross $XM sales is not enough to cover the base (working hours etc) and the amount needed to feed renewals.

Regards

 

[NickB]

Good! But, you should not deceive others by giving your little info. This is a basic etiquette in any industry

No - it's not basic etiquette - I don't share any specific info on my other investments - It's no one's business but mine......

Deceiving? Give me a break from the melodrama......Seems to me you have a sense of entitlement as to what you think should be shared instead of appreciating what is......

Edit - This applicable to anyone who shares or does not share their sales data - it's up to each individual to make that decision and we should be understanding if they choose to or not........

 

[Reddstagg]

If she was a more vociferous, white male, who had invested in DOTCOMs, would we even be having these conversations?

At one time I had the 2nd highest (now 3rd) recorded sale of .Holiday and I only had one .holiday domain name. Wow, that must be a conspiracy.

I have many hyphenated domain names as I took a risk in hand regging so many hoping with fingers crossed that some of them would sell. Now, if in 3 years time I start selling them regularly for 5 figures will the same people claim that I am part of some major conspiracy.

I am of the opinion now, that even if I do make further sales I probably will not report them as there is too much negativity from within this industry. Yeah, it may be helpful, but to whom?

I am your competitor as you are mine, and we are all trying to find an edge. I just believe that it was a rather magnificent business plan that was put into effect with flawless timing and execution. Don't hate the player...hate the game.

There are a few domainers who started out at about the same time as me and some of them are smashing it with many unrecorded sales. They have a system and it works for them. Would it work for me? Probably not. Am I bitter and twisted by their success? No. It gives me encouragement and reasons to believe that I too could be as successful.

In the UK, when I was growing up it was hard to show you're success without some idiot spoiling everything that you may have worked extremely hard for. If you had a nice car, more often than not it would be targeted and damaged. Instead of people not wanting their own success they would resent yours. It was easier.

Of the few sales that I have made my Return on Investment is 12.23%. Maybe, it's not great but if I can replicate that figure with more sales, then I am home and hosed and I will one day be in profit. It's not rocket science. That's the other fella!

Sometimes, it is better to say nothing at all.

Rgrds,

Redd

 

[VadimK]

Can anybody explain to me here why the difference between her Sale price and Payout amount on a screenshot we see is almost never exactly 20%?

All my sales on Afternic are exactly 20% (their commissions) difference between the two columns.

Regardless of the currency and Afternic's partners, when the deal is executed and price is set on Afternic backend in US Dollars, there should be 20% difference between sale and payout.

Am I missing something?

 

[1Darko]

Can anybody explain to me here why the difference between her Sale price and Payout amount on a screenshot we see is almost never exactly 20%?

All my sales on Afternic are exactly 20% (their commissions) difference between the two columns.

Regardless of the currency and Afternic's partners, when the deal is executed and price is set on Afternic backend in US Dollars, there should be 20% difference between sale and payout.

Am I missing something?

Sales commission

20% ($15 minimum)$0 to $5000$1,000 +15% of amount over $5k$5,001 to $25,000$4,000 +10% of amount over $25k$25,000 and over