sales Swetha’s Sales – The Truth May Shock You!

[Digital Universe]

Here is a nice article posted on NameBio.com by Michael Sumner the CEO of NameBio.com. He asked for Swetha's aka @DNGear username and password to log into her Afternic account to confirm the sales once and for all, read it all below or go to https://namebio.com/blog/swethas-sales-the-truth-may-shock-you/

Swetha’s Sales – The Truth May Shock You!​

Yesterday there was quite the stir on Twitter after Swetha reported another batch of jaw-dropping .xyz sales. User @jackdomainer did some research and found that an overwhelming majority of her sales were still not developed, which he thought was suspicious given the price tags. Theories started flying around, and even the Castello Brothers and Rick Schwartz chimed in with vague statements alluding to some grand conspiracy.

Grab some popcorn and read it for yourself here:

https://twitter.com/x/status/1596296988966154241

The low rate of development was the only “proof” provided so far. But why report fake sales? Well isn’t it obvious? To boost the value of her own assets so she can dump them on unsuspecting wholesalers, hoping to reproduce her incredible success, for inflated prices.


But ask yourself this… how many times have you seen Swetha wholesaling premium .xyz domains? I may have missed it, but I don’t recall seeing that.


For years I’ve been in the awkward position of publishing these sales reports. All I can go on is a screenshot, which she graciously provided for every single sale report since the day she started sharing. But screenshots can be faked relatively easily.


I could ask her to share her screen with me while she logs in to a marketplace, but even that could be faked with browser extensions that modify the page live. It’s more difficult than faking a screenshot, but not impossible. Not good enough.


To get a definitive answer, I reached out to Swetha and asked for the unthinkable. I asked if she would give me her username and password to her Afternic account, so I could log in myself and verify all the sales she has ever reported at this marketplace.





I felt bad even asking. Here she is sharing her valuable sales data with the community, all while being given endless grief about it. And now some stranger is asking to log in to her Afternic account. A lesser person would have just said “fuck it”, stopped reporting sales, and told me to go away. But you know what… she agreed! It was at this moment I knew it was all true and factual, but still, I’m going to “due diligence” the heck out of this.


So I quickly logged in to her Afternic account and visited this URL to get a dump of all the raw sales data. Then I started taking screenshots of her sales summary page. I logged out and let her know I was done so she could change her password. Then I started diving in.


One by one I checked the sales against what we have in our database. Every single one of them was perfect. Except I discovered something shocking. Quite a few of the sales were never reported. However good you think she’s doing based on what she has reported, she’s actually doing even better. That’s insane!


Now remember, Swetha has been reporting sales for quite a while now. All this time, she had no idea I would ever ask her to log in to any of her accounts, or which one(s) I would ask for. So if she was going to fabricate sales, she would have no way of knowing to always keep Afternic clean, as opposed to DAN or Escrow.com or whatever. Thus I now feel 100% confident in all her reports, not just the Afternic ones.


I also now feel confident in saying that Swetha is probably in the Top 100 of all domain investors who have ever lived, and she is probably in the Top 5 of all investors who aren’t part of the “old guard”. Maybe even #1 of the new generation.


But more than that, she is a kindhearted individual who is generously sharing what is working for her even though it makes new acquisitions more expensive for her. And even when the haters show up in droves, she stays the course. Thank you Swetha.


Is it possible that she’s a shill for the registry, and they’re creating hundreds of accounts across multiple marketplaces to buy the domains from her? I mean anything is possible. But it seems highly improbable that they would lock up funds and trust that she would always give them back, just to create the appearance of demand. They don’t benefit from the wholesale aftermarket, so it would just be for the sake of hand regs.


And then how do you explain the ones that are developed? And how do you explain other people getting large XYZ sales? Believe what you want, and skepticism is generally a healthy thing, but this theory seems so out there and lacking in any evidence that I have to think anyone who believes it is jealous (or loves conspiracy theories more than Rob Monster).


Here is the full screenshot I took of her sales summary page, with unreported sales blacked out for her privacy. Again, I took this screenshot myself while personally logged in to her Afternic account, it was not shared with me. I saw it with my own eyes.

Check out the screenshot of Swetha's sales at: https://namebio.com/assets/swetha-sales.jpg

Source: https://namebio.com/blog/swethas-sales-the-truth-may-shock-you/

 

[Andreas B.]

from a domainer perspective all this discussions about .xyz were taken too far.

I invested in .xyz domains and hold some, but recurring discussions are so sickening...

Swetha has regged most important (and semi-imp.) terms from the dictionary;
this is why she has so much more (over-average) sales than others.

easy.

Other question:
Are people granting her the success?

This is the real question you should ask.

(and if not, then why)

 

[Shaan Chopra]

Come on. You dont believe this, dont you? Clearly there is a deal between Swetha and the owner of .xyz extension.

No, conspiracy it is, don't fall for this. Not easy for us in India to hold such a huge amount of USD, just to transfer it back. The screenshot shows 1293511$ in revenue for a year, and if she has to transfer the money back she will be under LRS Scheme which only allows 250000$ to transfer out yearly. On top of that, govt will have their share in taxes and banks will have their share in the exchange rate. To sum it up owners of XYZ are burning their money in India.

 

[miketxt]

I sold my prized .xyz domain name roughly 8 months ago for over 6-figures to the owner of a large tech company... it still has my old name servers and has not been developed.

I genuinely believe all of these .xyz sales are from big crypto-players, tech companies, and venture capitalists that were simply trying to hop on the crypto/.xyz trend by purchasing a keyword .xyz. They had an idea, plus the money to burn, but simply never got around to making their ideas a reality. Crypto as a whole is full of mystery and secrecy and I believe this is somewhat blended with .xyz sales.

 

[ThatNameGuy]

I sold my prized .xyz domain name roughly 8 months ago for over 6-figures to the owner of a large tech company... it still has my old name servers and has not been developed.

I genuinely believe all of these .xyz sales are from big crypto-players, tech companies, and venture capitalists that were simply trying to hop on the crypto/.xyz trend by purchasing a keyword .xyz. They had an idea, plus the money to burn, but simply never got around to making their ideas a reality. Crypto as a whole is full of mystery and secrecy and I believe this is somewhat blended with .xyz sales.

This makes a lot of sense especially considering the collapse of the crypto exchange. In the big scheme of things, a couple million dollars in .xyz sales is nothing compared to the multi billion dollar collapse of the crypto market.

It's akin to being sold oil rich land then discovering it was a mirage

".LINK is no worse than .XYZ"

 

[ThatNameGuy]

I sold my prized .xyz domain name roughly 8 months ago for over 6-figures to the owner of a large tech company... it still has my old name servers and has not been developed.

I genuinely believe all of these .xyz sales are from big crypto-players, tech companies, and venture capitalists that were simply trying to hop on the crypto/.xyz trend by purchasing a keyword .xyz. They had an idea, plus the money to burn, but simply never got around to making their ideas a reality. Crypto as a whole is full of mystery and secrecy and I believe this is somewhat blended with .xyz sales.

This makes a lot of sense. With what has transpired with Sam Bankman and FTX, i wonder what impact that will have on Swetha and .XYZ?

 

[ThatNameGuy]

It's either Swetha is a front for a massive portfolio of domains that would fake sales (sort of unlikely given the number of premiums) or Swetha is a power broker with incredible foresight, wit and patience.

I've said since the beginning of the XYZ boom that for most domainers these results aren't realistic, and that a handful of "power brokers" are pulling in most these top sales. It seems to be the case, but many regular domainers have certainly benefited from all their hard work.

I'd also like to add, that it sort of makes sense that many of these domains are left undeveloped since much of the new investors entering xyz domains are from a crypto background with less web development experience. There is quite a bit of overlap with crypto and domains though.

Congrats

Curious as to how the crypto Bankman/FTX scandal will impact .xyz sales? The overlap with crypto and domains you reference has to involve both past (undeveloped .xyz domains) and future .xyz sales.

 

[xcloud123]

Soul.xyz had been built .
sold at 8500 +USD may be

 

[Grilled]

Meanwhile, on DomainTwitter, there appears to have been a challenge @DNGear to @Mike Mann



...

the challenge appears to have came in response to:

.....

I don't know what outcome came from the challenge. It doesn't appear to have taken place:



...

 

[MasterOfMyDomains]

Unreal laugh out loud. Kudos for Swetha for standing up to the boys.
You flash all those sales, has to be expected some flak. Obviously more due to your gender, just my opinion not that of the three musketeers or namepros members
99.9% of the time people are guilty until proven innocent.
Your one in a thousand @DNGear

I was gonna say some other stuff but I will pass for now. Will say its to bad @Mike Mann like so many other established domainers Stopped posting here.
What you gonna do if they request a lie detector test? I think thats next

 

[bmugford]

Meanwhile, on DomainTwitter, there appears to have been a challenge @DNGear to @Mike Mann

Show attachment 228495

...

the challenge appears to have came in response to:

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Show attachment 228497

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I don't know what outcome came from the challenge. It doesn't appear to have taken place:

Show attachment 228498

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The problem with this stuff is it ends up just moving the goalposts.

First Swetha isn't real. If you prove you are real, then it will be the sales are fake.
You provide receipts it will be you are connected to the registry, and so on and so on.

It is kind of a no-win situation and there is probably not all that much benefit for @DNGear to even engage in it.

Brad

 

[Altetra]

Swetha could be real but she is not alone, that is for sure.
There is a group of people working behind the scenes, she is only what we see on front end but not on the backend.

 

[HotKey]

yep yep always something

and then the backend gets legitimized, it will be "the government had something to do with this".. wait for it

The stuff behind the scenes is the stuff the rarely gets credited anyways, that can go for thousands of DN sales over decades.

 

[1Darko]

Hm, it's like a religion. We all believe in some god or goddess.

Why would anybody want to diss my religion?

Mann, that's not fair!

 

[ThatNameGuy]

Show attachment 228503
Unreal laugh out loud. Kudos for Swetha for standing up to the boys.
You flash all those sales, has to be expected some flak. Obviously more due to your gender, just my opinion not that of the three musketeers or namepros members
99.9% of the time people are guilty until proven innocent.
Your one in a thousand @DNGear

I was gonna say some other stuff but I will pass for now. Will say its to bad @Mike Mann like so many other established domainers Stopped posting here.
What you gonna do if they request a lie detector test? I think thats next

Master....among other professions, I owned Inquisitor Investigations and was a licensed professional investigator in Virginia for about 15 years (2000 - 2015)....you can check it our on my Linkedin bio.

Krista Gable of Domain Domme just returned Luxury.xyz according to her post on Linkedin. When queried why?....she said "it's Bullshit!" ......any idea why she might have said that Master?

Same goes for me, "I was gonna say some other stuff but I will pass for now"

 

[jiy k]

No irrefutable evidences against her.
Only disparaging remarks, wild guesses, ifs & buts and desperately try to make her High Sales, posts, dp & her link with xyz extn look like circumstantial evidences to prove that she and her sales are fake.
This is called hounding.
Wow! Pity.....

 

[-EM-]

S/he doesn't want publicity and yet s/he advertises his/her sales. Wouldn't it be easier to not declare the sales at all?

 

[phaethon]

I think Mike is right and the guys from Domain Sherpa said something similar on their latest show.

 

[Kingslayer]

There is one thing guaranteed in life and that is that is the old always make way for the new (people and technology) and generational divide from some of these investors (Rick especially) stands out a lot to me at times.

I don’t believe in .xyz’s long term future and I personally only invest in .com, but I have an open mind about things, I believe Swethas sales are legit and due to these sales, Swetha (multiple 6 figures under her belt) is that new generation of investor that the old lions have took notice of and deem as a threat to them and what they have preached as gospel for the last 30 years (only invest in .com, everything else is worthless), i was reading some of Mike's tweets on this the other day, some of the lows he's going to is disgusting, it's borderline racism/sexism.

 

[marijuanadomain]

Maybe s/he likes all the attention s/he is getting
Is s/he cares about about the domain industry, then s/he can promote her/himself in conferences/get together parties...
other than that- it is all just a fantasy

 

[HotKey]

I don’t believe in .xyz’s long term future

Y not? Personal dislike for the actual extension, or some other more, technical issue that prevents it from being a domain name for entities to build and invest in?

For me, at first dot-xyz discrimination stemmed solely from a dislike of the extension. I mean, dot-xyz... really?? But it has kinda grown on me over the years, and I don't see any rhyme nor reason for it having a solid future.