sales Here we go again, Gay.app sold?

[equity78]

Looks like .App is now getting it's first "supposed big sale" moment. Let me make clear there is no verification of this sale and it's being written about more from a what the heck? point of view. If it turns out to be legit we will find out, the organization being mentioned should want to put these rumors to bed if not true. A twitter account @Domain tweeted that Gay.app sold for $1million. … [Read more...]

 

[Steven McEvoy]

Just a way to bring .app popularity up.

 

[saucey]

Just a way to bring .app popularity up.

That makes absolutely no sense to me. Not saying you’re wrong, because I truly have no idea.....

But, do you really think a company running a gay website with no affiliation to an “app” registrar would spend $1 million on a name just to help out?

What am I missing here? I don’t understand why anybody would do that.

 

[Alessandro Couteau]

Are we going to see the first seven digit new gTLD sale? I had some feeling that first one will be coming in 2018...

It would be the second seven figure GTLD sale

Now what is Mortgage.Loans worth

 

[Brands.International]

It would be the second seven figure GTLD sale

Now what is Mortgage.Loans worth

Wait, so was there already a first seven figure new gTLD sale? Tell more

 

[mpls]

no reason for blued to buy it, they could have saved $999,989.50 and just picked up blued.app

And spend 500k in SEO, and in 8/12 months they will rank 1st pos in Google for: gay app.

Even with big budget I'll never understand why spend this amount.

We're no longer in the 90s and with gay.app you'll never rank in first page for gay app search (nor in first 10 pages).

How many people digit gay.APP in their address bar???

 

[gilescoley]

That makes absolutely no sense to me. Not saying you’re wrong, because I truly have no idea.....

But, do you really think a company running a gay website with no affiliation to an “app” registrar would spend $1 million on a name just to help out?

What am I missing here? I don’t understand why anybody would do that.

I think he's saying the sale didn't happen. Posting fake sales is the most common way to try pump up an extension, it happens all the time with new extensions, I remember the $1.6 million sale of Horse.ae when .ae names became available to anyone.

 

[HotKey]

We're no longer in the 90s and with gay.app you'll never rank in first page for gay app search (nor in first 10 pages).

How many people digit gay.APP in their address bar???

Who uses an address bar anymore? Most use a search bar and get to their destination by clicking on the most appealing, relevent result. A name that perfectly matches the queried term, like this one, shines like a rainbow out of the 80+ million results.

 

[Brands.International]

Who uses an address bar anymore? Most use a search bar and get to their destination by clicking on the most appealing, relevent result. A name that perfectly matches the queried term, like this one, shines like a rainbow out of the 80+ million results.

It is kind of funny that in 2018 you need to explain this to people on domainer forum

 

[Alessandro Couteau]

Wait, so was there already a first seven figure new gTLD sale? Tell more

Sex.xxx

 

[Alessandro Couteau]

Just a way to bring .app popularity up.

Google is secretly working with Weibo hahahaha, prove that and I am sure that will be real news

 

[Bob Hawkes]

Sex.xxx

According to Namebio the highest ngTLD sale was the $500,300 for vacation.rentals.

 

[Alessandro Couteau]

According to Namebio the highest ngTLD sale was the $500,300 for vacation.rentals.

sex.xxx sold for $3M in 2014

http://mostexpensivedomain.name/

 

[equity78]

if name bio doesnt show... well, then it hasnt been verified

Well @Michael would not be the one to verify a sale like this, he records sales after services he respects have said they verified it.

 

[campout]

This is an interesting case in terms of verification. Is it enough that the Weibo-verified CEO of a company which raised $100 million in February (according to CrunchBase) has apparently said he bought the name for $1 million?

If an American CEO announced via his verified Twitter account that he had purchased Example.com for $1 million, would that be enough for Namebio or DNJournal?

 

[equity78]

Well some people still use the address bar, and "Gay App" is not searched for that much and if someone looking to rank it's not necessarily going to be easy.

https://app.kwfinder.com/dashboard?source_id=0&keyword=gay+app&location_id=0&language_id=0

Established sites like Grindr are going to be tough to beat. In doing a search right now the buyer of the name Blued.com doesn't appear til page 5.

 

[equity78]

This is an interesting case in terms of verification. Is it enough that the Weibo-verified CEO of a company which raised $100 million in February (according to CrunchBase) has apparently said he bought the name for $1 million?

If an American CEO announced via his verified Twitter account that he had purchased Example.com for $1 million, would that be enough for Namebio or DNJournal?

Probably not, I think Ron would only do that if he saw the saw in SEC filings.

 

[Bob Hawkes]

It's not a million dollars, but I see that Namebio do have one .app sale listed now - hedgefund sold for $251 on Flippa

https://namebio.com/hedgefund.app

 

[Michael]

Well @Michael would not be the one to verify a sale like this, he records sales after services he respects have said they verified it.

Exactly this. A sale gets added if it comes from the venue itself (them reporting or us observing), a respected source (like DNJournal or George Kirikos finding an SEC filing), or a party to the transaction reporting to us directly with proof. I don't go chasing rumors trying to find proof.

This is an interesting case in terms of verification. Is it enough that the Weibo-verified CEO of a company which raised $100 million in February (according to CrunchBase) has apparently said he bought the name for $1 million?

If an American CEO announced via his verified Twitter account that he had purchased Example.com for $1 million, would that be enough for Namebio or DNJournal?

Not at all, especially not when doubling the previous new gTLD record on an extension that is a few weeks old. They could say $1 million and mean a lot of things, like $xx,xxx plus a lot of worthless stock options, or agreeing to pay $1 a year for a million years, etc. Could even just be pure fiction.

I don't even think I would add it if the CEO emailed me a screenshot directly and said it was all-cash paid at once. I would still want some further verification, like Escrow.com confirming, or a respected broker having been involved and confirming the price, etc. If none of that could be provided I wouldn't add something this unbelievable based only on a screenshot, because those are easy to fake.

The Escrow.com screenshot provided on Twitter was pretty funny. Random non-sensitive things blurred out, including buttons and general instructions (and the domain itself). And it was obvious from the screenshot that the current status of the transaction was "Both parties have accepted the offer, awaiting buyer payment." so it wasn't even paid for at that point and can't even be verified who the "buyer" was since it was blurred. Could have been someone opening up a transaction with another one of their own accounts and agreeing to it.

 

[xynames]

Been a year and I think everyone knows or at least suspects that this gay.app never sold for a million.

It is a mere redirect (pay a million for a redirect?) and even has a broken https:// issue so that the redirect is not even happening properly. Doesn't seem like the way a million dollar domain would be handled.

 

[offthehandle]

I watch these too, and frankly I would like them all to be true but remain really skeptical. Especially if a domain is parked after reported. The “trusted sources” disclaimer in TOS as mentioned before seems weak.

Chocolate was reported sold for 7 figures as claimed, yet months later still points to the brokers sales page. This is after being sensationalized as a “News Article” headline on the major news blog and even admitted it could not be reported as a sale. That was “explained away” because it was under NDA. Just like Inspection was explained away here after being parked still now over a year. Then whoxy data was mysteriously erased after I mentioned it here. Is that simply a trusted source thing? Or is it PR for the sake of PR of a consignment for sale? or a price discovery exercise? Or did the sale fall through? Or did some wealthy person dump 7 figures just to park it as a tax write off? On the other hand those reported as large dollar sales like Snoring is a redirect, Gem and Packet also come to mind as real operation websites. Is cooking’s the latest report with it’s 300 day webpage timer actually counting down to a launch date of a website or simply the time needed to flip it for the next news article in a year? Lol.