Selling New domain name marketplace to be launched soon

[Hemanttilotia]

Hi
I and my friend, Vivek, are developing a new loan marketplace for selling domains.
We are launching it under our Delaware registered entity, Vitt llc.
I do think that we need another marketplace for domain transactions and there are bigger markets like India and China that can be targeted by us.

Our development team is in Chicago and a sales guy each in India, US and China.
I am looking for experienced domainers, products enthusiasts to pitch in on what else they need in a marketplace , suggestions etc.
I have 2 startup exits and 3 failures before and my cofounder is a nuclear physicist by education !
With connections in startup world's in US, India and China , I hope there would be more end user sales on our platform.
I have sold 160 something domains in my first 10 months into domaining and I think I can do it better with a marketplace.
My cofounder has worked earlier in Chicago mercantile exchange and used to develop high speed trading algorithms. So you can expect some AI, like better targeted domain suggestions for buyers etc on our platform.
Looking for your ideas, suggestions on how to improve it further.

Thanks
Hemant

 

[TERADOMAIN]

Sounds good. Looking forward to see new platform soon.

 

[Sami Ketolainen]

Sounds really good! Good luck with your marketplace!

 

[Asfas1000]

Interesting, wishing you best of luck. Can you explain your business model ?

 

[deez007]

I think a good start would be to intergrate BTC and ETH payments on your platform. So buyers and sellers can choose if they would like to transact in crypto instead of Paypal/Escrow/bankwires.

If you guys do implement this, you will be the ONLY domain marketplace that does so.

 

[Dream Domains]

We see high commercial potential in 1% commission domain name auctions.

 

[urlurl]

We see high commercial potential in 1% commission domain name auctions.

that's a quick way to go out of business,

 

[creataweb]

We see high commercial potential in 1% commission domain name auctions.

I don't agree. And who is "we" - I thought no one was allowed to share these accounts.

 

[urlurl]

Advice:

Keep it simple, clean and easy to use - the more complex it is to buy and sell the more likley people will avoid the site

If you need any more ideas i will request to be on payroll or equity

 

[Pierre Barnard]

Good luck. Looking forward to beta test!