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DomainX 2019 – Another year, Another Successful Domaining Event

Located in Local Events and Meetups started by manpreet, Aug 10, 2019.

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  1. manpreet

    manpreet Established Member ★★★★★★★★★★

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    DomainX is one of the first and most celebrated Domaining Event in India, that’s being held every year since 2014.

    This was my third time participation at the DomainX event that happened this year on the 3rd and 4th of August, 2019 at Eros Hotel, New Delhi.

    The participants included Domainers, Entrepreneurs, Companies and people related to the Domain Names / Cloud / Web Hosting Industry from all over India and abroad, also people representing Indian and International organizations.

    The 6th edition of the annual DomainX conference at the Eros Hotel was slightly different from its earlier editions, primarily because it was a Two day show.

    The First day of the event, August 03 2019 was Conference that included Panels for “Will this Sell” section and “Why Domain Names are Important”. I was a speaker for both the Panels and contributed my best from my experiences in Domaining spanning the last two decades.

    The Second day of the event, August 04 2019 was an Industry First for India, a Live Auction of domain names, organized by the DomainX team.

    Please read more about the event at:

    https://www.godomaining.com/domainx-2019-another-year-another-successful-domaining-event/
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. hui2000

    hui2000 Stable Brands VIP

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    Fair start on the live auction though many names from the selected list seems not to have sold and rendered VOID . Am a little sure many sellers where no happy with what happened after there names had sold and later rendered VOID. Not so sure what happened with the buyers turning down the deals after winning the auction!!

    But thanks for sharing.
     
    Last edited: Aug 10, 2019
  3. Abhi007007

    Abhi007007 Member VIP

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    Great event. A lot of knowledge gathering sessions for beginners like me.
    Experienced Panelists, Domainers, such a nice experience to meet and talk to the community members.

    Just the Auction part I felt was really disappointing. Didn't know the exact reasons for what went wrong, (like first the organizers said they secured all assets and later denied reasoning fraudulent activities, disheartened the domain sellers). The only blot on the event..
    But despite that, otherwise a very informative event, Looking for next editions. (y)
     
  4. Internet.Domains

    Internet.Domains Top Member VIP

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    Auction integrity is something the domain industry really struggles with. It's not just this one auction, it happens to all of them.

    Something so basic shouldn't be this hard to fix.
     
  5. Mister Funsky

    Mister Funsky Top Member VIP

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    Agreed. This may have been tried in the past but it seems to me a deposit (500 usd maybe) by bidders that would be applied to any domain(s) won by that bidder would help solve the problem. In the event the 'buyer' fails to complete any transaction the seller of the name would get the 500. If the bidder does not successfully win any auction, the deposit would be refunded in full.
     
    Last edited: Aug 10, 2019
  6. Soofi

    Soofi DomainX™ PRO VIP ★★★★★★★★★★

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    Thank you everyone for your valuable feedback about the annual show.

    Regarding Live Auction; we had one participant/bidder (Ankit Puri) jack up almost every auction and OP of this thread was witness to the whole thing.

    We even took a short break in between the auction to secure funds from the participant/bidder in question via DAN Escrow, who initially confirmed to have received payment, however DAN later cancelled payment stating Fraudulent Activity by the participant/bidder and DomainX was left with no other alternative than canceling all the auctions where this participant had placed/won bids, as he was non-cooperative in the end.

    Being our first attempt, we have learnt quite a few things and one of them is to take help from established online auction platforms, so that they can verify the authenticity of the bidders and bids. Though, that still does not guarantee whether bidder would honour their deal, but reduces the risk overall.

    We have been a community event from day one, ever since starting out in year 2014 and we will strive to do better with your feedback and support.
     
  7. Internet.Domains

    Internet.Domains Top Member VIP

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    It sounds like you have learned and taking action to prevent the same problem from reoccurring. That is a great first step!

    I suggest a multi layered approach with multiple contingencies in place.

    @Mister Funsky mentioned a solution. You mentioned a solution. Combine several solutions to make a solid foolproof auction.

    Good luck!
     
  8. Soofi

    Soofi DomainX™ PRO VIP ★★★★★★★★★★

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    Thanks Internet Domains.

    The best part of DomainX is that we come back to community for help/solutions every time, and we integrate those recommendations into the show somehow so that they could help all of us grow together.

    Annual Event is in no way a money making business (from other domainers) for us, and I promise, we have never taken a penny home from any of the shows till date, and it was a 6th edition this year (except for one event where we recovered our losses from the past years). You can imagine the real deal!

    So I guarantee that you will see these solutions/suggestions integrated or else we would not conduct another Live Auction ever again. Our reputation earned over the years is much more valuable to us than making mistakes over and again!!
     
  9. Internet.Domains

    Internet.Domains Top Member VIP

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    Thank you for promoting domains to a great market in a honorable fashion!

    Your success is everyone's success.

    Best of luck to you!
     
  10. Ankit Puri

    Ankit Puri Restricted

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    @manpreet Excuse me for tagging you by mistake
     
  11. Soofi

    Soofi DomainX™ PRO VIP ★★★★★★★★★★

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    I am not going to get into MUD-SLINGING match with a pig aka @Ankit Puri who attacked me on my personal life without knowing anything about me, but for the record, if he's sooo honest, he should answer these questions;

    1. Why did he bid in the auction, in the first place, if he had no money to complete the deal? Why hasnt he paid for the domain names he won in the auction?
    2. Why was his initial payment marked as fraudulent and canceled by DAN.com?
    3. We requested Ankit Puri to pay in INR using local payment methods (NEFT/IMPS/BANKWIRE) but he insisted on using International payment method which required us to go through DAN ESCROW to save ourselves. Why did he use a fraudulent Bank Card & ID Card of someone else, named CHARLES DEY PRINCE (ready to publish those documents as well if allowed here)??
    4. Why did he kept saying he has no money in India or Indian payment methods, and will only use above person's payment card?
    5. Why has he backed out of (direct) auction deals when domain owners/sellers reached out to him to complete the deal as we made his details public to sellers and requested them to connect with him directly waiving all our brokerage costs?
    6. Why did he agree to purchase DownloadGames.in at higher cost offline in the presence of multiple people (team & participants) and later backed out at his convenience?


    NBAH.com & NKO.in was mine and everyone who were present in auction hall knew that those were my names as I had discussed about them in one of the examples during domain name discussions speech I gave before the auction.

    The auction list was selected by DOMAINX Auction Panel to be listed at NO RESERVE Auction. I acquired NBAH from dropcatch.com auction for $285 and NKO.in for $250+ in a private transaction but agreed to list them at NO RESERVE Auction to improve the quality of auction names. If they had ended at lower than those prices, I would have bore losses as well. Also, where in the rulebook does it state that organiser or volunteers from the team aren't allowed to list their names for the auction?

    All in all, I never wanted to respond to this gentleman (Ankit Puri) because he has to earn some reputation before he starts throwing insults at old members, but I have to come back to respond just because he could not afford to pay for the names won in the auction and he just doesn't stop from stooping to lowest level of tricks by attacking on my personal life which he has zero idea about, with false and baseless accusations.

    Kindly ask Ankit Puri for the proof of auction payments before levelling any accusations on DomainX going forward.
     
  12. Ankit Puri

    Ankit Puri Restricted

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    There we @Soofi

    1> The payment was made thats why it was conveyed to all sellers that payment is secured. First payment of $3400 approx at time of break when 5 min break turned it to 35 min break as money was taken from and I was allowed to bid further. Kindly refer to your video where you said that " I will be billed again ". Again is something which is in case of event where something has already taken place. Also attached are the copies of payments Screenshot_20190804_195531.jpg Screenshot_20190804_194010.jpg
     
  13. Soofi

    Soofi DomainX™ PRO VIP ★★★★★★★★★★

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    Post 1 with Screenshots!!

    My questions stand @Ankit Puri because this payment screenshot you have just shared, were marked fraudulent by DAN.com and cancelled. PFA Screenshots for your reference, if you have forgotten kid!!

    1.jpeg 2.jpeg 3.jpeg 4.jpeg 5.jpeg 6.jpeg 7.jpeg 8.jpeg 9.jpeg 10.jpeg
     
  14. Soofi

    Soofi DomainX™ PRO VIP ★★★★★★★★★★

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    Post 2 with Screenshots!!

    My questions stand @Ankit Puri because this payment screenshot you have just shared, were marked fraudulent by DAN.com and cancelled. PFA Screenshots for your reference, if you have forgotten kid!

    11.jpeg 12.jpeg 13.jpeg 14.jpeg 15.jpeg 16.jpeg
     
  15. Soofi

    Soofi DomainX™ PRO VIP ★★★★★★★★★★

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    I will be happy to make the fraudulent payment details public as well which he used for these transaction as we had to force him to send it to us after DAN.com questioned our credibility over the fraudulent transaction.
     
  16. Ankit Puri

    Ankit Puri Restricted

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    2> Better of you ask with Dan or may be because of your past record

    3> It was very clearly mentioned that payment will be made by the card I used. FYI this is the same card with which payment for Pass was made. Better off to do some research before speaking anything as if you found the card not under my name WHY DID YOU ACCEPTED THE PAYMENT AND WHY DID YOU LET ME BID FURTHER? ALSO WHY WAS GAURAV FROM DOMAINX READY ACCEPT MONEY FROM ME FOR THE DOMAINS TODAY IN SPITE OF KNOWING THAT ITS A FRAUDULENT CARD AND ID. MAIL FOR WHICH IS PRESENT WITH ME AS WELL AS THE CALL RECORDINGS.

    4> THATS THE COMPANY I WAS REPRESENTING AND PART OF I.E ALPHA SOLUTION LLC

    5> WELL EVEN NOW I SUSPECT THEM TO BE SOMEONE REPRESENTING YOU OR DOMAIN X ALSO EVEN IF I BACKED OUT WHERE IS SECOND HIGHEST BIDDER I.E ONE OF THE PANELIST WILLING TO MAKE HATX HIS BRAND. DID HE ALSO BACK OFF?

    6> I BELIEVE $950 IS GREATER THAN $650 WHICH I AM BEING BILLED FOR. LOL YOUR MATHS SEEMS TO BE TERIBALLY BAD 6 IS SMALLER THAN 9. I BELIEVE YOUR BID WAS $950 AND WHY DID YOU DECIDED TO SELL THAT DOMAIN TO ME FOR $650 IN LESS THAN 10 MINS OF THE BID AND IF I AM NOT WRONG YOU WENT OUT OF RULES AND ASK EXCEPTION FOR THIS ONE TO BID AND YOU TRIED SELLING TO ME. AMAZING AND FISHY

    IF YOU RE SO SURE ABOUT THIS BEING A FRAUD CARD BETTER OFF IF YOU REPORT IT TO EOW. LET THEM TAKE CARE OF IT AND ALSO I DONT HAVE ANY CRIMINAL RECORD NOR I AM BEING DEPORTED :)
     
  17. Soofi

    Soofi DomainX™ PRO VIP ★★★★★★★★★★

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    Your personal attacks are funny because you know nothing about me, my criminal record and whether I was deported or not, and so is your response that you are still ready to make payment if I apologise. Just for your kind information; my wife and kids still live in Canada and I am in India because I had to take care of family business after I lost my father in year 2007.

    Dude, why haven't you paid to the domain sellers directly till now if you were ready to make payments? You also agreed to purchase downloadgames.in for $1000 offline and now you are backing out again. Nothing new from a person trying got make payment from fraudulent bank card. Why have you waited for so long as the payment terms were payment has to be cleared within 24 hours of auction closing..

    I am so tempted to make the fraudulent payment card and id card public as well which was sent by Ankit Puri. If namepros allows me to furnish the same, I will do that right away!
     
  18. namemarket

    namemarket Top Member VIP ★★★★★★★★★★

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    I am not saying for sure it involves any fraud or scam but nevertheless the allegations are not surprising as there are lots of scams in India. Check it in Youtube by far #-1 nation for that with all kinds of scam and scammers..
     
  19. LarryDomain

    LarryDomain Top Member VIP

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    Awesome text fight!![​IMG]Really enjoying the details coming from the two of you. Keep it up!!
     
  20. Ankit Puri

    Ankit Puri Restricted

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    Lets make a deal

    Show me transaction of $950 that was to be made by you. Mind you you have sent mail to owner of domain you won the bid for stating I won bid for 650 [email protected] Also any thing that is bein said verbally is not proof of communication. Prove it that I agreed to buy it $1000. Also why did DomainX billed that to me for $650. Werte you bidding on behalf of domainx?

    I give my consent to make it public that this is fraudulent card. I am so very tempted to see that. Also if fail; to do so do have enough GUTS TO SHUT DOWN DOMAINX. ND IF I LOOSE IT I WILL PAY 100 times than my bill as per you was.

    Nice to see that you already placed Domainx.org in auction with $200 min bid.
     
  21. Silentptnr

    Silentptnr Top Member VIP

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    Seems like the live auction had an unfortunate outcome.

    Not sure why Dan systems alerted for fraud on the part of the buyer. Seems that could be cleared up.

    From the video, it seems the live auction was not too smooth.

    Hopefully, DomainX can smooth out the live auction process.

    Hopefully this buyer can rectify the questions about his form of payment.

    I really hate to see domain events end in controversy. Domain names dont cause the problems. People do.

    Best of luck to all parties involved.
     
  22. LarryDomain

    LarryDomain Top Member VIP

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    I thought the auction went okay. It was pretty organized. Saw some high bids on a few domains. I think one of the domains got like a $100,000 bid. Not sure if it met reserve but it was an interesting auction. Between this auction and NamesCon auction, i thought they were both handled pretty evenly. And I'm sure Namescon had a few of their own or their buddies domain names for sale also. It's a given, rub the backs of your buddy and they will squirt it right back at ya at a later date.

     
  23. Silentptnr

    Silentptnr Top Member VIP

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    I trust your opinion @LarryDomain . Truly. I'm glad your review is positive. I want to see this industry grow. :)
     
  24. Ankit Puri

    Ankit Puri Restricted

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    @LarryDomain I really wonder in which auction auctioneer has to take topic offline in between the count and have to give call to others to ask if want to bid specifically when auctioneer @Soofi himsel was the highest bidder and more interestingly not pay the seller rather name someone else to be the winner with a price $300 less than that of his own bid. Cherry on the cake is seller recorded the video. Anything you want to comeup with @Soofi @Domainx
     
  25. Ankit Puri

    Ankit Puri Restricted

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    @Soofi @Domainx Well are you done Son?Dont teach your father how .............
     

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