The $500 Challenge

[S-B]

I want to take $500 and see what it can be turned into between March 18th, 2016 and January 1st, 2017.

You cannot use domains you already own. You cannot spend more than the $500 investment to start. You can spend your profits made from the original $500. Updates should be made after every sale and every purchase. The domains bought and sold do not have to be disclosed publicly. Honor is a must.

All transactions must be documented thoroughly so an independent part can verify that the winner followed the rules.

Feel free to challenge someone in this thread.

I chose @Zandibot. Do you accept my challenge?



EDIT: DOMAINS ONLY

EDIT 2: 1 $500 pot can be played against multiple people. So if you end up with 10k... that's 10k in each competition.

 

[S-B]

@Shane Bellone
Is the $500 the MAX budget we can spend or can we reinvest the profits of the project back into the challenge if properly documented?

You can reinvest whatever you earn from the initial $500. So if you turn 500 into 10k... you now have 10k to spend.

 

[ksusha64]

Can I invest $500 into poker tournament or it has to be only crappy domains?

 

[S-B]

Can I invest $500 into poker tournament or it has to be only crappy domains?

You can invest $500 into Iraqi Dinar for all I care...........but it would not count towards the game.

 

[ksusha64]

Can I buy websites with adsense revenue or they not considered domains? Is development of domains allowed in this game?

 

[SirDrago]

Is development of domains allowed in this game?

that was my next question.

 

[S-B]

Can I buy websites with adsense revenue or they not considered domains? Is development of domains allowed in this game?

Domains only. Let me edit the initial post so we can avoid the 100 question game. :P

 

[S-B]

@Zandibot

I didn't think of this scenario... 1 $500 seed per challenge or 1 $500 seed for all challengers?

 

[Ali]

@Zandibot

I didn't think of this scenario... 1 $500 seed per challenge or 1 $500 seed for all challengers?

Why don't we just play poker then?

 

[Grilled]

Domains only. Let me edit the initial post so we can avoid the 100 question game. :P

Before I challenge somebody, let me make sure I understand the rules.

The $500 budget is to be spent on domains. How do we factor in listing fee's at places such as BrandBucket or Flippa? Should these details be worked out on a case by case basis depending on the competition? Or is there a standard marketing budget allowed?

 

[S-B]

Before I challenge somebody, let me make sure I understand the rules.

The $500 budget is to be spent on domains. How do we factor in listing fee's at places such as BrandBucket or Flippa? Should these details be worked out on a case by case basis depending on the competition? Or is there a standard marketing budget allowed?

$500 covers everything. You can buy a domain for $1 and spend $499 promoting it if you'd like. Good catch and thanks for asking!

 

[S-B]

Why don't we just play poker then?

So I guess the answer is.... 1 $500 fund for all challengers.

If you challenge 2 people... you play with the same pot.

OP edited.

 

[Grilled]

I want to take $500 and see what it can be turned into between March 18th, 2016 and January 1st, 2017.

You cannot use domains you already own. You cannot spend more than the $500 investment to start. You can spend your profits made from the original $500. Updates should be made after every sale and every purchase. The domains bought and sold do not have to be disclosed publicly. Honor is a must.

All transactions must be documented thoroughly so an independent part can verify that the winner followed the rules.

Feel free to challenge someone in this thread.

I chose @Zandibot. Do you accept my challenge?



EDIT: DOMAINS ONLY

EDIT 2: 1 $500 pot can be played against multiple people. So if you end up with 10k... that's 10k in each competition.

I challenge @Beezy

PM me if you accept, and we'll work out the details...

 

[Beezy]

I challenge @Beezy

PM me if you accept, and we'll work out the details...

I'll PM you in a bit. I'm in, of course!

Namescon is going to be crazy for bragging rights next year.

 

[DomainVP]

Take a $500 initial investment and see how much money you can turn it into by January 1st, 2017 through domain sales only.

@Shane Bellone It's funny you brought this up. I was kicking this challenge exactly around in my head just last night. Sounds like I'm in.

 

[Genius327]

I challenge @imadoer

 

[imadoer]

I'll take on the world challenge accepted.. @genius

 

[jideofor]

hmmmm

 

[Loko]

Great idea, I'm in.

 

[james haw]

Sounds like fun. So, the winner receives all other contestants final invested domains right?

Easy there Ali, I'm just joking...

 

[Ravish Kapila]

Great . I am in .I challenge Myself..