information CoinMena.com sold $25,000 - No commission/brokers/fees - sold by WhoaDomain.com

[WhoaDomain.com]

CoinMena.com Coin "Middle East North Africa"

Ok I can finally announce the sale of CoinMena.com. No NDA but I agreed not to mention who bought the domain even though a quick check is easy enough. The buyer would like to remain anonymous but does not mind the publicity from the sale of CoinMena.com.

Sorry guys. Don't take this photo seriously. It's for shock value not show off value and perhaps for exposure. Just goofin off. Check out that huge melon! (unfortunately empty!) lol

So this makes CoinMena.com at $25,000 the 5th largest domain sale for a domain beginning with keyword "Coin" and highest domain sale for a domain ending with "Mena". MENA stands for Middle East North Africa.

I wish the buyer the best. Met him in person in NYC. Had lunch with buyer at Veselka's, my treat.

Side Note: The buyer told me that the broker they hired to get CoinMena.com for them told them that at most CoinMena.com should cost only $25,000. Buyer told me that Broker offered $8,000+ to me which the broker did and that the broker planned to sell it to them for $25,000. Buyer did not like this arrangement he told me and decided to buy from me directly since we were already in contact prior to the broker being brought in. I really did not understand why they felt the need to bring a broker into the mix.

If it can be avoided, I really would rather not deal with a broker.

Although that's what I did with my last sale PaladinDrones.com.

When brokers contact me, as a rule I ignore, but in this case I said "why not?"

I have no issue with the broker in this case. I'd probably do the same and try to flip a domain for quick profit.

I hope giving this info will help other domainers make the right decision.

I had asked for a ridiculous price of $250,000 so I guess $25,000 was a relief to them.

First we were warned that today. Godaddy users were experiencing issues with transferring domains via Godaddy Push but not external transfers. Supposedly when you do a transfer. The Transfer Button is not made available. But we did not experience that. What we did experience was that the buyer did not receive transfer confirmation email after I had accepted the whois info change update.

The transaction took long because there was an issue pushing the domain from one Godaddy account to another Godaddy account. Had to cancel transfer. Then there was an "error". So ended up transferring to Google Domains.

In which case, Godaddy rep warned me that Google Domains an "experiment" that was being phased out. and the transfer might end up in limbo. I don't know what he was talking about as the transfer went off without a hitch over to Google. Buyer said Godaddy rep was just scaring us into doing the Godaddy push to keep the domain with Godaddy.

Domain Price Date Venue
coin.org 75,000 USD 2014-11-12 DomainGuardians
coinnews.com 27,500 USD 2014-04-16 Uniregistry
coin.store 26,705 USD 2018-08-05 Alibaba
coinbag.com 26,000 USD 2018-02-05 Uniregistry
coinlink.com 22,000 USD 2018-02-26 Sedo
coinbook.com 20,000 USD 2017-08-31 Uniregistry
coinking.com 14,190 USD 2018-04-11 Sedo
coinance.com 12,500 USD 2019-01-31 Sedo
cointax.com 12,200 USD 2017-02-20 Sedo
coinrank.com 12,000 USD 2018-03-20 Uniregistry


Domain Price Date Venue
imena.com 19,000 USD 2012-05-31 GoDaddy
alphamena.com 7,350 USD 2019-01-21 Sedo
camena.ru 3,429 USD 2014-10-15 Sedo
smena.com 3,205 USD 2007-04-17 Sedo
promena.com 2,200 USD 2017-05-15 DropCatch
camena.net 1,350 USD 2014-09-24 Sedo
paranormalphenomena.com 1,000 USD 2011-04-23 Sedo
semena.com 795 USD 2010-04-19 Sedo
wolnadomena.info 685 USD 2008-02-18 GoDaddy
dobra-stara-vremena.com 648 USD 2012-11-25 GoDaddy

It's not the 6 figures I always go for but it's a good start in my liquidation this year.

I have more "Coin" and "MENA" domains if anyone is interested. Next one I'm working on I am going for 6 figures for updates follow me on here.

I hope this sale helps others with their keywords.

I hope this sale gains me some exposure for my other domains.

I also hope people will think twice before sending me $100 offers for my domains.

I also hope this Cashier's check clears tomorrow or else I'll have egg on my face.

Anyone know if I can submit this sale with Namebio without providing info on the buyer?

Good luck to everyone else on their future deals!


Edit: Forgot to mention. Prior to meeting buyer.I was late to the meeting because I stepped in dog poop. ( at least I hope it was dog poop although I looked "human" lol) Had to throw out my sneakers and buy flip flops.

 

[Domainsyrup]

aye! Salamat pare! Kumusta ka na diyan? Anong "Mena" or "Coin" domains mo?

Only VRcoins and CoinVR.com

 

[WhoaDomain.com]

Why the fuss about Mena? Is there anything special about it other than Middle East and North Africa?

Please, let me know cos I've been trying to wrap my head as to why the emphasis on MENA

ok here's a list in order of importance.

1. total population of MENA Middle East North Africa over 400 million. You only need to Google the total population of all the countries in MENA.
2. Crypto just recently has become Sharia complaint (I'll need to have my Arab friends confirm this on here. Anyone?)
3. MENA includes not just all the rich countries of the UAE but all the rest including Egypt, and a few others I can't remember. Can anyone from this regioin chime in here? Thanks.

 

[WhoaDomain.com]

Let's face it. You might have been played in a way that you didn't realise it so that their low price would seem like a great comeback for you.

CoinMENA is as good as Bitcoin as far as the name and region are concerned. $25,000 is pocket change in Dubai. It's 5 nights in a great hotel. They would have paid 10 times that and been happy because the name is RIGHT for their project.

Just sayin'.

Watch some Detective shows. The broker probably got $30k. I think you were right on the money at the first offer.

there was no broker in this deal. Just me and a cashier's check.

 

[WhoaDomain.com]

Nice mate, happy to hear you were lucky with going high!

for the guys going for mena names now i will say, be careful with the regfee frenzy.

Main story is (no offense @Avtar629 ) a domain investor with thousands of names and renewals to make that is still in the red after a 25k sale
and an End user with a lot of money that really wanted a specific name.

I agree with you on "Mena" frenzy. Don't go overboard guys.

I did see prior to me selling someone regged Menaex.com from Japan? Interesting.

Also forgot. What is the Middle East and North Africa's main export to the world?

Oil.

Here's one of mine.

OilMena.com

 

[Ariff BD]

Yup. It came out of somebody's. "ass"et. @asset.domains

what u think of my domain defi.es ?

 

[Ariff BD]

sorry I think you are in the wrong thread. asking that question here is a bit off topic. is it a Mena or Arabic related domain? even UAE? This is why I did not reply. with respect. there are other thread on NP you can ask. if there is a .es showcase on here ask there please thanks. sorry

ok but it is a crypto or coin related thats why asked

 

[The CEO]

Amazing sale written up in an informative and fun way. Wow! Super congratulations. I had no idea what MENA means before your post.

As well as NameBio you should get in contact with Ron Jackson for DNJoirnal.

I am sure brokers often are essential in facilitating big deals, but sounds not here.

Congrats again.

Bob

Middle East and North Africa (MENA)

 

[WhoaDomain.com]

What an eye-opener and busting the myth about domain brokers though I feel not every other broker is like that.

agreed. I have dealt with brokers and did not mind their deal.

 

[E-Thunder]

Congrats on this sale and thanks for the inspiration because I just snagged MenaExports.com

Is this the domain?

 

[BradWilson]

Is this the domain?

Yes

 

[Abdullah Abdullah]

Yes

Nice, the offer came through Namesilo? Good luck. What was the BIN or was there none?

 

[E-Thunder]

This is pretty interesting stuff. Lots of information online about MENA exports and UAE in particular. Let us know how things go.

 

[WhoaDomain.com]

Very nice. Congrats and continued success. You are an inspiration. I just may get off my arse and sell a few of the 100 or so I own . LOl

Lol Arse! Lol 100 is easy enough. Unless you're greedy. Like me lol trying to be less greedy these days. Best of luck!

 

[WhoaDomain.com]

Congratulations Avtar！！！Good!Lucky star will be with you!
Steven

Thank you!

 

[senorita Rosario]

So buyer & seller both in the same city.! So would it be as easier if you were in opposite part of the world & only met online & deal by godaddy/dan or escrow?