Dynadot

news Blockchain Company Monkey Acquires Monkey.com for $500,000

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Blockchain development and news and information service company Monkey has confirmed the acquisition of the domain name Monkey.com for a fee of $500,000. The Singapore-based company is lead by entrepreneur Daniel Mark Harrison, who initially launched the company using the domain name Monkey.capital before upgrading to Monkey.com.

Recently, Monkey posted a link on Monkey.capital announcing the forthcoming move from Monkey.capital to Monkey.com, a domain which was sold by an American company that had owned the domain since 1994.

In a statement to NamePros, Monkey CEO Daniel Mark Harrison said:
Monkey is rapidly becoming a leading name in Blockchain development, supported by a thousands-strong base of digital asset enthusiasts.

The purchase of Monkey.com will help us to scale the additional edges of the wider alternative asset marketplace, creating the only combined media, consulting and tech development firm working with Crypto to date. The price of $500,000 was in truth a bargain for what the domain name will deliver us in value over the forthcoming decade, and we are working very closely now with the seller who is also a digital media expert himself to ensure we create maximum impact with this purchase.

In terms of general media, the site will begin by featuring a book that our COO Joshua Hawley and I have written, called The Blockchain Manifesto, which is selling briskly on pre-order at Amazon.com now, and will ultimately become the home of the world's first 24-hour live streaming internet TV news channel focused on digital assets and leading source of information and data.

According to Daniel, the sale consisted of a $400,000 cash amount paid in instalments, with $100,000 paid in the form of COEVAL (COE), which is Monkey's own cryptocurrency.

As of writing, Monkey.com still resolves to the seller's website, but a switch over is due shortly.

It will be fascinating to see what Daniel and his team create on the Monkey.com domain name. We will be watching with interest. To follow Monkey's progress, you can follow them on Twitter or Facebook.


Thanks to NamePros member @55Domains for the tip.


Update on Nov 6, 2017: The WHOIS history for Monkey.com shows that on October 19th, after the domain sale took place, the email address was [email protected] and the name server was NS1.INMOTIONHOSTING.COM. Today, WHOIS privacy is enabled on Monkey.com: it shows the email address is [email protected] and the name server is NS39.DOMAINCONTROL.COM. Its WHOIS record today is almost identical to what it was earlier in the year prior to the sale. This may signify that the deal has defaulted.

Update on Nov 15, 2017: Confirmed the return of Monkey.com to its original owner
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
This is actually the view of a Bitcoin millionaire, not my words. Ironically, Monkey.com fits the monkey business well.
 
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This is actually the view of a Bitcoin millionaire, not my words. Ironically, Monkey.com fits the monkey business well.
Loads of people with little sense become millionaires in the crypto space. Rick is a millionaire from domains and he bought asscoin. Just goes to show that being a millionaire doesn't equate to the IQ.
 
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Yea Crypto is legit and will explode in 2 years or so. Microsoft and a few other fortune 500 companies see the writing on the wall and jumping in. I think it was a great transaction, take the 400k and 100k as a sweetener.
 
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Well..patience always pays off. Congrats to the seller and buyer. Thanks!
 
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Microsoft and Intel are introducing blockchain services - that's the BTC/cryptocurrency technology, but has nothing to do with the tokens/coins/digital cash. All these ICOs are essentially game money.
 
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All these ICOs are essentially game money.
No, many are legitimate companies that have chosen to raise funding via coins instead of stocks. We are witnessing an entire shift as it pertains to the existence of currency itself. The funding mechanism used by these "crypto companies" is catapulting us into a new era of money and defining what an actual dollar is worth!
 
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Not trying to stir the crypto pot here, but long term there will be issues me thinks. As soon as government (any major country) declares it an illegal transaction (due the shady elements using it) the bottom will fall out.

However, in the short term, it may be a good way to make some cash if you buy in to the right one before it becomes popular like btcoin.

(btw-that monkey spanking comment in an earlier post was good!)
 
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As soon as government (any major country) declares it an illegal transaction (due the shady elements using it) the bottom will fall out.
A transaction in what sense? All wallets are anonymous and the smart governments are getting on board. Your comment is confusing.

If the US said all crypto trading was banned I would just open a bank account elsewhere. The market is too big to be ignored now.
 
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A transaction in what sense? All wallets are anonymous and the smart governments are getting on board. Your comment is confusing.

If the US said all crypto trading was banned I would just open a bank account elsewhere. The market is too big to be ignored now.

Don't get me wron...I love the idea of crypto currencies...keeps the big institutions from ruling the world (a little less). But many times in history a 'currency' has been deemed illegal and/or illegal to use and I could be done in the case of crypto. Hope not, but possible.
 
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i still have a shoe box full of chuck e cheese tokens...am I the next Elon Musk Crypto Entrepreneur Billionaire?
 
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Crypto is the boss of current domaining market.
 
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That's the view of someone who doesn't know what the game is. The crypto market is only going up, not down. There are real companies behind each "coin" which offer stability and technology worth investing in. To think otherwise is ignorant.

In this case, the seller is sitting on $580,000 worth of coins which will easily double in value. Extremely smart play on his/her part!
Its still speculation. I'm not sure what you define as a real company but there are so many coins that have already gone the way of the dodo and many more will do the same. all these various coins are just riding the wave right now. there is no point and no need for most of them.
 
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Its still speculation. I'm not sure what you define as a real company but there are so many coins that have already gone the way of the dodo and many more will do the same. all these various coins are just riding the wave right now. there is no point and no need for most of them.
Again, it's lack of research and knowledge that leads you to this viewpoint.

This is the stock market of the future. These "coins" are real companies. They provide products, services, information, handle/store data, facilitate transactions in every form imaginable... there is about as much speculation in the crypto market as exists on wall street.

The mistake that some are making here at NP is trying to compare crypto to domains. The two aren't in the same universe!
 
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Again, it's lack of research and knowledge that leads you to this viewpoint.

This is the stock market of the future. These "coins" are real companies. They provide products, services, information, handle/store data, facilitate transactions in every form imaginable... there is about as much speculation in the crypto market as exists on wall street.

The mistake that some are making here at NP is trying to compare crypto to domains. The two aren't in the same universe!
I do lack some knowledge for sure but I'm willing to bet in 10 years time there will be 2-3 of these "coins" left. blockchain is some pretty cool tech but if the point is to use these coins to buy stuff, you really only need one.
 
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I do lack some knowledge for sure but I'm willing to bet in 10 years time there will be 2-3 of these "coins" left. blockchain is some pretty cool tech but if the point is to use these coins to buy stuff, you really only need one.
The point of these coins has absolutely nothing to do with buying stuff. In 10 years there will be thousands upon thousands more coins, just as thousands of stocks exist...
 
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The point of these coins has absolutely nothing to do with buying stuff. In 10 years there will be thousands upon thousands more coins, just as thousands of stocks exist...
What would the point of that be? Stocks represent an investment in what a company makes/does. If a coins sole purpose is to be some kind of investment...what are people investing in? What are they making besides a "coin" to buy and sell?
 
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What would the point of that be? Stocks represent an investment in what a company makes/does. If a coins sole purpose is to be some kind of investment...what are people investing in? What are they making besides a "coin" to buy and sell?
People are investing in what the company is providing. The coins are just shares of stock. This is a stock market controlled by your peers, not the government. It also knows no boundaries as trading and values are the same no matter where you are located.

This is why the US gov is panicking. They aren't in control of this new monetary system. But pay attention as they are trying to find a way to regulate monies that are for the most part anonymous.
 
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People are investing in what the company is providing. The coins are just shares of stock. This is a stock market controlled by your peers, not the government. It also knows no boundaries as trading and values are the same no matter where you are located.

This is why the US gov is panicking. They aren't in control of this new monetary system. But pay attention as they are trying to find a way to regulate monies that are for the most part anonymous.
So I'm guessing bitcoin isn't involved in what you are talking about as no company owns it and it provides nothing. I guess I'm a bit confused as when I was looking into these coins a few years back there was no talk of a stock market alternative with bitcoin, litecoin, etc. So what you are saying is for example, microsoft will have its own coin that you can buy like a stock as an investment in the company?
 
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So what you are saying is for example, microsoft will have its own coin that you can buy like a stock as an investment in the company?
Microsoft has actually partnered with a few crypto companies for their azure program. Dive into man, it's not what you think it is.

And yes, btc is strictly in existence to handle monetary transactions for goods, services. It also acts as the default coin when other coins are traded.
 
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If your coin has no purpose / asset aside from being a 'currency' then it's a scam.

If on the other hand the coin issuer has some viable assets / business plan that use the blockchain as intended and uses tokens to transact, then the coin has 'some' value.

That value is arbitrary, largely dependent on market sentiment, value of the service, cost benefit etc etc.

Coins will explode actually, each person will have their own crypto currency, think of it as shares in the person.

And fame of that person will probably determine the value of the coin, so people will try and invest in those that will probably become famous before they do, as that would lead to the appreciation of the coin value.

This probably explains what I'm saying a lot better: http://bigthink.com/capitally/the-personal-thesis-of-launching-your-own-personal-cryptocurrency
 
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Was the sale of Monkey.com verified independently?

I see no changes to Monkey.com. And I've seen less than stellar reports on the activities of the alleged buyer:

It'd be interesting to see what happens independently of the domain.

We have a copy of the Escrow.com contract signed by the Escrow.com rep, the seller and buyer with the terms of the transaction listed.
 
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These crypto coins are only for money laundry.
 
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People talking about crypto the way they used to talk about internet in 1994......Is this Stay at Home Mom forum or a business forum?
 
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There are plenty of brands with "monkey" in their name. Google the keyword, and the dot .cool gTLD is the top matching result. :-O

Also, it's not really $500k when $100k of it is in tokens. This approach is gaining traction recently, merely because there is no associated cost to issue these pseudo coins.

The entire business world is breaking out in a rash of CryptoFinance, because the bankers don't really add value to the process, and in fact, have put a tourniquet on world trade by becoming addicted to stock market speculation fed by endless rounds of Quantitative Easing.
 
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