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sales Here we go again, Gay.app sold?

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equity78

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TheDomains Staff
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Looks like .App is now getting it's first "supposed big sale" moment. Let me make clear there is no verification of this sale and it's being written about more from a what the heck? point of view. If it turns out to be legit we will find out, the organization being mentioned should want to put these rumors to bed if not true. A twitter account @Domain tweeted that Gay.app sold for $1million. … [Read more...]
 
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if name bio doesnt show... well, then it hasnt been verified

Well @Michael would not be the one to verify a sale like this, he records sales after services he respects have said they verified it.
 
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This is an interesting case in terms of verification. Is it enough that the Weibo-verified CEO of a company which raised $100 million in February (according to CrunchBase) has apparently said he bought the name for $1 million?

If an American CEO announced via his verified Twitter account that he had purchased Example.com for $1 million, would that be enough for Namebio or DNJournal?
 
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This is an interesting case in terms of verification. Is it enough that the Weibo-verified CEO of a company which raised $100 million in February (according to CrunchBase) has apparently said he bought the name for $1 million?

If an American CEO announced via his verified Twitter account that he had purchased Example.com for $1 million, would that be enough for Namebio or DNJournal?

Probably not, I think Ron would only do that if he saw the saw in SEC filings.
 
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Well @Michael would not be the one to verify a sale like this, he records sales after services he respects have said they verified it.
Exactly this. A sale gets added if it comes from the venue itself (them reporting or us observing), a respected source (like DNJournal or George Kirikos finding an SEC filing), or a party to the transaction reporting to us directly with proof. I don't go chasing rumors trying to find proof.

This is an interesting case in terms of verification. Is it enough that the Weibo-verified CEO of a company which raised $100 million in February (according to CrunchBase) has apparently said he bought the name for $1 million?

If an American CEO announced via his verified Twitter account that he had purchased Example.com for $1 million, would that be enough for Namebio or DNJournal?

Not at all, especially not when doubling the previous new gTLD record on an extension that is a few weeks old. They could say $1 million and mean a lot of things, like $xx,xxx plus a lot of worthless stock options, or agreeing to pay $1 a year for a million years, etc. Could even just be pure fiction.

I don't even think I would add it if the CEO emailed me a screenshot directly and said it was all-cash paid at once. I would still want some further verification, like Escrow.com confirming, or a respected broker having been involved and confirming the price, etc. If none of that could be provided I wouldn't add something this unbelievable based only on a screenshot, because those are easy to fake.

The Escrow.com screenshot provided on Twitter was pretty funny. Random non-sensitive things blurred out, including buttons and general instructions (and the domain itself). And it was obvious from the screenshot that the current status of the transaction was "Both parties have accepted the offer, awaiting buyer payment." so it wasn't even paid for at that point and can't even be verified who the "buyer" was since it was blurred. Could have been someone opening up a transaction with another one of their own accounts and agreeing to it.
 
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Been a year and I think everyone knows or at least suspects that this gay.app never sold for a million.

It is a mere redirect (pay a million for a redirect?) and even has a broken https:// issue so that the redirect is not even happening properly. Doesn't seem like the way a million dollar domain would be handled.
 
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I watch these too, and frankly I would like them all to be true but remain really skeptical. Especially if a domain is parked after reported. The “trusted sources” disclaimer in TOS as mentioned before seems weak.

Chocolate was reported sold for 7 figures as claimed, yet months later still points to the brokers sales page. This is after being sensationalized as a “News Article” headline on the major news blog and even admitted it could not be reported as a sale. That was “explained away” because it was under NDA. Just like Inspection was explained away here after being parked still now over a year. Then whoxy data was mysteriously erased after I mentioned it here. Is that simply a trusted source thing? Or is it PR for the sake of PR of a consignment for sale? or a price discovery exercise? Or did the sale fall through? Or did some wealthy person dump 7 figures just to park it as a tax write off? On the other hand those reported as large dollar sales like Snoring is a redirect, Gem and Packet also come to mind as real operation websites. Is cooking’s the latest report with it’s 300 day webpage timer actually counting down to a launch date of a website or simply the time needed to flip it for the next news article in a year? Lol.
 
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So we'll be having a tinder app for Gays only?
There is already a gayapp like tinder, it's called grindr. (grindr.com gives the info).
 
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