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information GoDaddy gets patent for AI-based domain valuation

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NickB

it's a mysteryTop Member
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"GoDaddy (NYSE: GDDY) has been awarded U.S. Patent number 11,615,313 (pdf) for “Using a value for a domain name determined by a machine learning engine.”

https://domainnamewire.com/2023/03/28/godaddy-gets-patent-for-ai-based-domain-valuation/

They applied for it back in 2020

Didn't know @Paul Nicks was listed as an inventor for 2 earlier patents back in 2013......

"Paul Nicks’ inventions related to name spinning and appraisals get patent protection."

https://domainnamewire.com/2013/05/21/godaddy-gets-two-patents-for-domain-appraisal
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
Wow, such a novel idea, totally never thought of by anyone before 2020.
 
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Wow, such a novel idea, totally never thought of by anyone before 2020.
U.S. Patent number 8,447,701 is titled “Appraising domain names using comparative data” and 8,447,702 (pdf) is “Domain appraisal algorithm”.

Can anyone explain in layman's terms what is unique about these patents, that has not already existed for many years?

Brad
 
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I don't think these overly broad, unclear patents are worth all that much.

Can anyone explain in layman's terms what this patent actually protects?

Brad
Not the foggiest idea.....went slightly cross eyed while reading the patent

I suppose it covers their backside in case other more lazy/less reputable sources just try and mimic what they have?
 
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Not the foggiest idea.....went slightly cross eyed while reading the patent

I suppose it covers their backside in case other more lazy/less reputable sources just try and mimic what they have?
I skimmed over the patents. They are way above my pay grade to understand. :ROFL:

The patent titles seem overly broad, but the actual patents seem to cover a very specific process.

Brad
 
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"GoDaddy (NYSE: GDDY) has been awarded U.S. Patent number 11,615,313 (pdf) for “Using a value for a domain name determined by a machine learning engine.”

https://domainnamewire.com/2023/03/28/godaddy-gets-patent-for-ai-based-domain-valuation/

They applied for it back in 2020

Didn't know @Paul Nicks was listed as an inventor for 2 earlier patents back in 2013......

"Paul Nicks’ inventions related to name spinning and appraisals get patent protection."

https://domainnamewire.com/2013/05/21/godaddy-gets-two-patents-for-domain-appraisal
Jason's patent and process is much better than mine.
 
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Can an expert in IP law please explain to me what this patent means for other domain name valuation tools, such as Estibot? Should they pay a royalty or cease their services?

It is evident that predicting domain name value is not a novel invention, as we all engage in it daily, either manually or automatically.
 
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Can an expert in IP law please explain to me what this patent means for other domain name valuation tools, such as Estibot? Should they pay a royalty or cease their services?

It is evident that predicting domain name value is not a novel invention, as we all engage in it daily, either manually or automatically.

Estibot is far older, zero impact on that.

New tools? Might need to lawyer up, depending on the case.
 
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