2016 is flying by and we are getting closer to expiration dates on many different type of ChiPs (Chinese Premium) names that were bought out last year. Many of these being longer numerics and 3-5 L/N/C domains in com net and org as well as many new extensions. My guess is we’ll see massive drops as buyouts won’t hold but the biggest question is what is in store for the most liquid ChiPs like LLL, LLLL, 4N and 5N .com/.net?
Excluding 3 letter .coms, I think the best indicator on how ChiPs are doing overall is to look at the LLLL .coms which have dipped to average trading price around $1100 – $1500 with a few falling just short of the $2k mark. Source That’s a big decline compared to when they were trading at their peak a few months ago for $2500-$3000. The LLLL .com ChiPs seem to have stopped their descent at the $1k+ mark and I think that’s a good sign.
So, with tons of renewals looming and potential massive drops in the lower end ChiP market (5L .com, 6N – 8N .com, 3-5 letter/number/character names in .xyz, .top, .club, .online, .etc) How do you think the liquid ChiP market will fair in 2016?
How will liquid ChiP domains finish out 2016?
Start to gradually increase almost back to 2015 Q4 figures (30%, 14 Votes)
Continue to drop but still have more value than similar non-ChiP domains (22%, 10 Votes)
There are more and more daily posts popping up that focus on domain auctions. Maybe the first and most consistent is Shane’s DSAD.com List of Auctions. I read his post every morning along with my first cup of coffee. Shane does a great job of researching and putting together relevant lists and then adding a bit of commentary and humor to his daily posts.
Often times I run into auctions on NamePros that haven’t been covered. There are a couple of those going on now that haven’t had coverage on a domain blog as far as I know. No affiliate links and these aren’t my auctions.
ASAD.com – One of the better pronounceable LLLL .coms on the market right now, high bid has already surpassed floor price of a 4L .com chip and I wouldn’t be surprised to see bidding on this to continue in the the $5,xxx range. [EDIT] AFTER INVESTIGATION BY NAMEPROS MODERATORS, IT WAS REVEALED THIS IS A STOLEN DOMAIN, AUCTION WAS CLOSED[/EDIT]
LFLL.net – I have a couple similarly patterned 4L .net chips and have sold some in current bid range. Hoping my gamble to hold out for higher pays off.
G8X.com – Not that special of a CCC .com if it didn’t contain an ‘8’, nonetheless it’s a short .com and has received bids above the observed wholesale minimum for LNL patterns according to 3character.com
I received an email press release this morning from Igloo.com with a timely announcement that they are brokering some great Colorado and football related domains. Most of the promotion from the release was focused on the domain Denver.co, a really nice geo domain as Denver is the capital city of Colorado (state abbreviation is CO). Igloo also has a nice collection of 4 letter .com and keyword .COM names they are brokering.
If you don’t already know, I am a Denver native and HUGE Broncos fan. Our team is playing the Carolina Panthers on Sunday for the 50th Super Bowl. It should be a great weekend! Enjoy the game and GO BRONCOS!
We’re not choosing sides, but Igloo is looking for the biggest Denver fan in Domaining. Denver, CO is not only is the mile-high home of the Broncos, but it’s the most highly educated city in the in the nation and has been ranked the best locale for singles (maybe because it also brews more beer than any other city and has more dispensaries than Starbucks). Denver is the jumping-off for The Rockies, but Denver.co is the jumping-off point for all Denver, CO business. This short, unforgettable domain for such a breathtaking city can instantly brand your next venture or and attract more clients to your existing company.
Since we realize Broncos fans are a passionate bunch and might want this domain for bragging rights, Igloo.com its not only offering the opportunity to own the Denver.Codomain, but we will also throw in an authentic autographed Peyton Manning football to sweeten the deal.
We currently are offering a small portfolio of CHIP LLLL domains, a strong Traffic Domain portfolio, and a LL.co.uk/uk portfolio. If you are interested in any of these or looking to acquire or sell other portfolios, please contact our brokers.
Looking for something specific?
Igloo.com is proud to not only offer the best in premium .com domains, but also an extensive list of LLL.coms, portfolios, and much more. If you are interested in acquiring any of our featured domain names to secure your brand or drive business to your site, please contact us or search our online database for the complete list of domains.
NamePros member frank-germany started a thread this morning that warned of trickery with some buyer’s that he’s experienced on NP and even Sedo. His post is as follows (copied with his permission)
“it looks to me like here are members who may try this trick:
get you into a deal and then after its locked in like agreed in escrow or SOLD here
after getting you down as much as possible
then do not pay and as the domain is locked for them
simply wait for the development of the ( chinese ) market
and later if market goes up may eventually pay you then and if not they may simply just disapear”
So basically, you are selling a domain or maybe a portfolio of domains, the buyer negotiates to your bottom line price. Then they don’t pay right away. Perhaps days, weeks or even months later they resurface, send payment and expect to get the domains at that price. By then the market may have matured and profit would be realized almost immediately if the seller finishes the transaction. This could happen on many marketplaces that don’t have set time periods in which the transaction must be completed.
Of course, a way to combat this is to always specify in your original NamePros sale post that payment must be received within a certain time frame. Not a huge security threat or anything like that but I thought it was an interesting observation and new domainers could easily fall victim to this kind of trickery…not sure what else to call it because there’s nothing about it that sounds illegal.
If you were at NamesCon you may have met Matt Holmes at Networking Lane promoting his Handshakin’ Video Series where he interviews successful entrepreneurs on their top business strategies. Matt is a young domainer, entrepreneur and start-up enthusiast from Santa Fe, NM who attended college at the University of Denver.
The Guinness Book of World Record for longest handshake ever, 42.5 hours, is now within reach. The two hope to make history around 8:30 MST on Sunday. It’s been a rigorous 38 hours thus far but Matt and partner Juan Diaz De Leon, a young entrepreneur himself, are still going strong in their attempt to bring the record back to the United States. It’s going down in Denver, Colorado, the Mile High City. Big ups to Redford’s Tavern in DU for hosting the event.
The shakers hope the attempt will bring awareness to the Colorado start-up scene, which has been blossoming of late in the Denver metro area. Local 9News has even covered the Handshakin story in a segment during their prime evening news hour. Live footage is streaming right now at Handshakin.party!
Awarded one five minute break per hour, the brave gentlemen are fighting off fatigue, carpal tunnel and sweaty palms, swollen forearms. Follow Matt @handshakin and Juan @jdiazdeleonjr and wish these guys good luck and congrats once it’s official.