Larry Fischer tweeted just after midnight that Coffee.club sold for $100,000 at T.R.A.F.F.I.C.
http://www.domaincrunch.com/coffee-club-sold-for-100000/
http://www.domaincrunch.com/coffee-club-sold-for-100000/
If I'm interpreting this website correctly, with the sale of coffee.club, it is $10,000 per annum. registration fees along with interest as it does not meet the criteria of being $200,000 and above. Afterwhich, I would assume it drops back to regular registration fees as you own it.Can't be per annum reg fee as coffee.club is $ 10K per year?
I see no terms of the lending process, rather what you can lend (how much down, interest below 200k, etc.).
...snip snip...
Although, I do like the extra measure you took to make a huge * in order to show that only names above 200k are interest free. Some companies like to stick those markers in there real small.
Must have changed the site - don't see reference to 200K and it clearly states it drops to normal renewal. The example is for a $40K name which is $4K a year.If I'm interpreting this website correctly, with the sale of coffee.club, it is $10,000 per annum. registration fees along with interest as it does not meet the criteria of being $200,000 and above. Afterwhich, I would assume it drops back to regular registration fees as you own it.
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I agree. That's how .us did it. Seems crazy to sell something for $100K and then ask for $15 a year.After that big of a payment, you should own it for life
If I'm interpreting this website correctly, with the sale of coffee.club, it is $10,000 per annum. registration fees along with interest as it does not meet the criteria of being $200,000 and above. Afterwhich, I would assume it drops back to regular registration fees as you own it.
After that big of a payment, you should own it for life because NetSol will even try to secure 100 years worth of registration on a Verisign .com (I think 20 years at a time). Being the registry, they sold the name and it could no longer collect annual fees. ICANN would be nominal at that point as well with all the interest they paid.
Unless this one was "off the books" compared to the site we were given ($100k/10 year/no obligation/etc.).
It appears the start level is premium .club names costing $20,000 and above although I fail to see how many of them,if any,could justify even that as a price tag.
My bad, it's $20k and up for interest. So one can safely assume if this is an insecure loan over 10 years, around 10% interest? Coffee.club paying ~$11,000 per month?*Startup.club payment plans are only available for Premium Domain Names priced at $20,000 or higher. Let us know the name you’re interested in and we’ll provide the list price.
My bad, it's $20k and up for interest. So one can safely assume if this is an insecure loan over 10 years, around 10% interest? Coffee.club paying ~$11,000 per month?
Anything below $20k is interest free. But, I have no interest in them. Just wanted more transparency as there is a lack thereof in this industry.
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Why did your post get deleted? That's ridiculous as it was the only worthwhile post in this speculative thread!David, is there a place for the response to the naysayers this morning? I did not make a copy before you deleted it. Could you send me a copy if it. Thank you. Bill Mac
Then Namepros has to delete every showcase thread as they only contain advertisements of registrations....domainers hoping to make a sale from public viewings.I think David's post was deleted because it was a commercial/advertisement, but it contained lots of valuable information that other domainers would probably be interested in reading.
Then Namepros has to delete every showcase thread as they only contain advertisements of registrations....domainers hoping to make a sale from public viewings.
Too funny. Everyone is blowing smoke about possible payment terms and those posts stay in tact. The buyer is kind enough to respond in detail and it's deleted. The mods need to explain that one IMO.
No he didn't delete it. It was removed which is crazy. I'd like to see it put back!Buyer replied to my questions but his answers also got deleted, Maybe there was a valid reason - perhaps he deleted his own post? I'd like to know.
David, is there a place for the response to the naysayers this morning? I did not make a copy before you deleted it. Could you send me a copy if it. Thank you. Bill Mac
I was lucky enough to read it before it was deleted...
I think David's post was deleted because it was a commercial/advertisement, but it contained lots of valuable information that other domainers would probably be interested in reading.
Hopefully it will appear on the internet somewhere else sometime soon.... maybe a break room... maybe just where people hang out and chit chat about stuff they find on the internet in different places. Perhaps.