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discuss A domain swap service: Would you use it?

NameSilo
Impact
878
Would you use a domain swap service if I were to start an experiment here on NamePros?

Just testing the idea:

Let's say 3/4 different people come together to create a Godaddy and other registrar accounts which could be used as an escrow.
People who decide to swap their domain for something else can decide among themselves and send it to that account. Once both the parties have deposited their domain names, the owner of the account transfers the domain to the parties.

Swap complete!

Would you want to test it out?
 

Recons.Com

Top Contributor
Impact
16,492
I wonder why it does not exist. Are there any cons/risks?

Because it is complex setup for something that is of very subjective value. The value actually is often very low, from zero to low 2 figures. Now imagine the hell of trying to navigate through this and also be in charge of handling the control of the names. Plus, since it is a swap, it is cashless, so what does the platform take the cut from?
 

KTC

Established Member
Impact
583
Because it is complex setup for something that is of very subjective value. The value actually is often very low, from zero to low 2 figures. Now imagine the hell of trying to navigate through this and also be in charge of handling the control of the names. Plus, since it is a swap, it is cashless, so what does the platform take the cut from?
I could see that whatever platform is handling that would charge a nominal fee to begin the swap.

Other than that, for my own personal value, the only way I'm swapping my domains are for cash.
 

zomainhacks

Top Contributor
Impact
2,255
Because it is complex setup for something that is of very subjective value. The value actually is often very low, from zero to low 2 figures. Now imagine the hell of trying to navigate through this and also be in charge of handling the control of the names. Plus, since it is a swap, it is cashless, so what does the platform take the cut from?
I think there are ways to make the exchange smooth, also the platform can make money via membership fees and or a small escrow fee.

It's a couple of months that I'm thinking about such type of trade platform, it would definitely be interesting having something like that in the industry.
 
Impact
878
Because it is complex setup for something that is of very subjective value. The value actually is often very low, from zero to low 2 figures. Now imagine the hell of trying to navigate through this and also be in charge of handling the control of the names. Plus, since it is a swap, it is cashless, so what does the platform take the cut from?
No cut. Only a membership fee eventually.
As they say, one man's trash is another man's treasure.
 

Recons.Com

Top Contributor
Impact
16,492
No cut. Only a membership fee eventually.
As they say, one man's trash is another man's treasure.

And... that is why it has never been done )) Imagine, turnover worth 10 million of $ and you getting $100 membership from 1000 members from which you have to pay hosting, staff (server admin, programmers), administration etc.
 
Impact
878
And... that is why it has never been done )) Imagine, turnover worth 10 million of $ and you getting $100 membership from 1000 members from which you have to pay hosting, staff (server admin, programmers), administration etc.
Think of it from valuation perspective. So many users, so many domains, so many interactions. I am very sure some of the companies out there would find this valuable
 

jhm

Top Contributor
Impact
9,367
Domain investors on average don't swap their domains. Why wouldn't domain investors be swapping their domains? Because who buys a domain, then thinks they'll swap it...chances are they're struggling to sell, or made a misjudgement of some kind

Overall, lacks consistency. People wouldn't be doing it regularly, apart from the odd deal here and there. One premium for another premium maybe (one investor having a better market position / ideas for one domain, over another), otherwise you're quite possibly swapping trash, for more trash. IMO
 
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Impact
878
Domain investors on average don't swap their domains. Why wouldn't domain investors be swapping their domains? Because who buys a domain, then thinks they'll swap it...chances are they're struggling to sell, or made a misjudgement of some kind

Overall, lacks consistency. People wouldn't be doing it regularly, apart from the odd deal here and there. One premium for another premium maybe (one investor having a better market position / ideas for one domain, over another), otherwise you're quite possibly swapping trash, for more trash. IMO
Fair point! What about expiring names?
 

Sjpals

Established Member
Impact
159
Domain investors on average don't swap their domains. Why wouldn't domain investors be swapping their domains? Because who buys a domain, then thinks they'll swap it...chances are they're struggling to sell, or made a misjudgement of some kind

Overall, lacks consistency. People wouldn't be doing it regularly, apart from the odd deal here and there. One premium for another premium maybe (one investor having a better market position / ideas for one domain, over another), otherwise you're quite possibly swapping trash, for more trash. IMO
I would happily swap some of my trash for different trash
 

Sjpals

Established Member
Impact
159
Swapping stuff that isn't selling, for other stuff that isn't selling...like a dog chasing its own tail in the garden. Go ahead
I originally bought all my domains to put sites on. I never bought them for the domain values or resell values (though i am trying to sell them as domains just to see if they sell).

Maybe someone has a domain out there that I think could suit ecommerce, but has no resale value in the domain itself. I have a couple of domains that I bought for various reasons that I dont like.

Just look at the amount of people who take the 'free' domains. One mans trash is anothers treasure. All in the eye (imagination) of the beholder
 
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NYJimbo

Domain Re-Animator
Impact
5,758
What is a domain swapping experiment?

Domain swapping refers to the exchange of structural elements between protein domains. • Experiments show that tandem homologous domains are prone to domain swapping. • Recent studies establish a framework to understand the formation of tandem domain swaps


Regards,
Will
Stop copying and pasting. Your response is unrelated to domains.
 
I have been asked countless times if I would consider a trade for another domain. I have completed very few trades ever.

You have people who overvalue their domains and undervalue others. There is usually a major disparity in quality between the domain one party wants and the one they are offering.

That is a major reason why domain swaps are not really viable on any scale.

Brad
 
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Impact
4,708
I think it would be a absolutely fantastic service! It’s the core of what money was before money- barter. Your cow for my 3 goats.

Even though some people can overvalue a name… that doesn’t stop it from working. Because when you really want a certain name you’ll be willing to give up value for value and make it a win win.

And the person who puts up their name for swap or barter can simply take interested submissions (people willing to do the trade off), and choose the trade off he feels fits the value of his or her name. Remember the interested parties are already willing to part with their names for that specific name. And they must fulfill that obligation if the poster choose their submission for the trade off.

It’s all about negotiation…. And making sure it’s a win win. A win win could be a personal win for you or a equal value trade off.
 
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biix
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