discuss Renewal Funds

[barybadrinath]

can there be a public fund on namepros , collected from all the successful domainers who want to help others.
People who do not have money for renewals , they may post their name to the forum and someone may decide whether the public fund can be used for renewal of those domains.
The public fund will then hold a 10-30% ownership in that domain name based on the year of renewals.
Just my thought.

 

[barybadrinath]

i never said 10th. i said among top 10

 

[barybadrinath]

The 10th richest person in India is worth 11+ billion dollars. Surely with access to those resources you should be able to find plenty of talent in a country of over a billion people.

Brad

yes but as like usa companies , indian companies are also money minded.
they will rather outsource something than trying to build it on their own if the initial expenditure is high.
finding top talent among a billion ppl wont be easy specially when google and microsoft are recruiting directly from colleges

 

[bmugford]

i never said 10th. i said among top 10

Well, if it is any higher that means it is more than 11B. That just makes my point.
You have access to the resources to make something happen.

If you are willing to give up 10%-30% of a domain for a ($10 or less) renewal fee, then you can assume the domain is almost worthless to start with.

Brad

 

[barybadrinath]

Well, if it is any higher that means it is more than 11B. That just makes my point.
You have access to the resources to make something happen.

If you are willing to give up 10%-30% of a domain for a ($10 or less) renewal fee, then you can assume the domain is almost worthless to start with.

Brad

what if you have 5000 domains ??
then how much will be 10-30% ??
talking about whole portfolios here > 4000, say for 5 years.

 

[barybadrinath]

indian software talent is working mostly for american companies in form of tcs , infy , wipro etc
the brightest of indian talent is with microsoft , google , yahoo , fb etc.

american companies are telling us time after seeing it on our own watches on our hands.
and this is by what they are making billions.

 

[bmugford]

what if you have 5000 domains ??
then how much will be 10-30% ??
talking about whole portfolios here > 4000, say for 5 years.

I own over 5,000 domains. I pay my renewals with a portion of my income from sales.

Brad

 

[barybadrinath]

than you are a very successful domainer. congrats.
you must take the lead sir

 

[BuyBrandWeb.com]

indian software talent is working mostly for american companies in form of tcs , infy , wipro etc
the brightest of indian talent is with microsoft , google , yahoo , fb etc.

I'm a software engineer but I'm not working for anyone. You summarize everything and represents whole software industry. There are many software engineers who are working on urban development and providing websites for schools, organizations, etc. Please don't conclude everything with mediocre knowledge!

 

[barybadrinath]

I'm a software engineer but I'm not working for anyone. You summarize everything and represents whole software industry. There are many software engineers who are working on urban development and providing websites for schools, organizations, etc. Please don't conclude everything with mediocre knowledge!

mediocre knowledge. i am a software engineer as well as chemical engineer.
when i mention something , its for majority. i hope you know this simple thing at least before jumping on someone else thread. smoking low quality south indian ganja ?

 

[BuyBrandWeb.com]

mediocre knowledge. i am a software engineer as well as chemical engineer.
when i mention something , its for majority. i hope you know this simple thing at least before jumping on someone else thread. smoking low quality south indian ganja ?

You have created a thread on a public forum where anyone can jump-in, not someone else thread. Ask mods to limit your threads next time(it should be visible to other users who agree with you) LOL.

 

[Mister Funsky]

can there be a public fund on namepros , collected from all the successful domainers who want to help others.
People who do not have money for renewals , they may post their name to the forum and someone may decide whether the public fund can be used for renewal of those domains.
The public fund will then hold a 10-30% ownership in that domain name based on the year of renewals.
Just my thought.

Someone tried something related to this a couple years ago...I think the person is now restricted here and the project fell apart miserably...not that bad intentions were there, it was just not as self sustaining as that person and those that invested thought it would be.

I do see a time when a group of like minded domainers will invest and and purchase names as a group, make decisions on pricing as a group and share profits as a group. I, for one, would enjoy participating in something like this and unless I am incorrect, there is at least one registrar working to make this possible.

The only thing in your scenario that I think would have to be different is the original 'owner' would have to give up much more percentage...something like 70.

 

[wwwweb]

Someone tried something related to this a couple years ago...I think the person is now restricted here and the project fell apart miserably...not that bad intentions were there, it was just not as self sustaining as that person and those that invested thought it would be.

I do see a time when a group of like minded domainers will invest and and purchase names as a group, make decisions on pricing as a group and share profits as a group. I, for one, would enjoy participating in something like this and unless I am incorrect, there is at least one registrar working to make this possible.

The only thing in your scenario that I think would have to be different is the original 'owner' would have to give up much more percentage...something like 70.

Blockchain will make fractional ownership possible, with forced sales of domains at set threshold, say 80% agree etc...

This sounds like a story of buying a lot of garbage godaddy appraised domains, getting no sales, and now can’t make renewals. Nobody creates a thread like this unless they are directly going thru this scenario.

Nobody is going to lend money on garbage domains that are going to default. If you have a name of quality collateralize it, or sell it at a liquid value to pay your renewals. It only gets harder from here as renewals are going up across the board for all extensions including .com, and .org soon, including endless gtlds in October.

 

[Mister Funsky]

Nobody is going to lend money on garbage domains that are going to default.

Of course the quality of the names is the key here...I am thinking 3L .com or killer one words...

It only gets harder from here as renewals are going up across the board for all extensions including .com

Have you formed any thoughts or gleaned any info as to what the .coms may go to...I may have to adjust my weekly budget!

 

[wwwweb]

Of course the quality of the names is the key here...I am thinking 3L .com or killer one words...



Have you formed any thoughts or gleaned any info as to what the .coms may go to...I may have to adjust my weekly budget!

I think verisign has outlined it somewhere, I believe the first bump is going to be around 7 percent, I could be wrong but something to that effect. Huge Domains / Turn Commerce fought hard against it, but billions beat millions when it comes to verisign.

 

[MTB]

whatiftherearealiens.com

 

[MTB]

what if you have 5000 domains ??
then how much will be 10-30% ??
talking about whole portfolios here > 4000, say for 5 years.

Well that's just bait for a fish.
If you have 4,000 domains renewing at $10 year that's $40,000 a year in renewal fees, plus you said 5 years renewal so that's $200,000, plus privacy let's say $5 a year, total is $300,000 plus tax lets say $20%, so $360,000 for a 4,000 domain portfolio.
What exactly is your life goal?

 

[myfavorite]

Something like this has been initiated by one of us for brand market listed domains. I believe the company name is Brandexy and hoping am not breaking any rule by mentioning it here.

 

[MTB]

If a domain is about to drop, and everyone knows about it, and nobody wants to register it, just let it drop, or?

 

[korganian]

but i did not ask funding for my own personal domains. By God's grace , I have a son of a person backing me in domains and that person is in india's top 10 richest list.

Wonderful news!!! You are in the perfect position to help us by implimenting your clever plan. Please convince your backer to invest a measly $10,000,000 00 seed money into your idea, with you being the CEO of this new venture.

 

[barybadrinath]

Yes everything ok from your end but still here you are wrong sir.
"Nobody creates a thread like this unless they are directly going thru this scenario."

Blockchain will make fractional ownership possible, with forced sales of domains at set threshold, say 80% agree etc...

This sounds like a story of buying a lot of garbage godaddy appraised domains, getting no sales, and now can’t make renewals. Nobody creates a thread like this unless they are directly going thru this scenario.

Nobody is going to lend money on garbage domains that are going to default. If you have a name of quality collateralize it, or sell it at a liquid value to pay your renewals. It only gets harder from here as renewals are going up across the board for all extensions including .com, and .org soon, including endless gtlds in October.