Why Bruce Marler Can Keep Credit.club

Because he’s smart, and a developer.  Almost as soon as credit.club was registered, a great looking site went up on the formerly registry reserved domain name.  If you have questions about how to increase your credit score, p2p lending or any other credit topics, it’s worth checking out.

If you haven’t already heard, the .Club registry made a mistake (or technical error) when moving the credit.club domain from the registry reserve status in order to register it as part of the .club’s Startup.club program.  This allowed the domain to be hand registered at Name.com for normal regfee ($10.99).  There was a huge fuss and folks demanding answers on NamePros thread and on other forums and blogs about how someone can just hand register this caliber of name when it was previously priced at $200,000.

I am not accusing anyone of any wrongdoing here or conspiracy and I certainly agree with the sentiment from most that .Club made a wise decision letting the registrant keep the domain.  I am skeptical that if a pure domainer would have registered credit.club during that window and simply parked the name or left it undeveloped that they would have been able to keep it.  Anyone else think it would have been taken back from the registry?  The official response by Colin Campbell (CEO of .Club registry) on the Credit.club situation in Analysis Part B and C (bold below) indicate that if the site was not developed and launched that it likely would have executed its ‘right’ to take the domain back.

The facts about credit.club.

As promised below are the facts and analysis conducted by Jonathan Frost, our in-house attorney.

Facts:

· The Operations Department, which manages Company domain name registrations, planned a transfer of <CREDIT.CLUB>, along with 130 other domain names, on 2015-01-13 as part of the Company’s Startup.club promotional program.

· On 2015-01-13T20:11:40, the Operations Department removed <CREDIT.CLUB> from the registry-reserve in order to register it as part of the Company’s Startup.club promotional program.

· Between 2015-01-13T20:11:40 and 2015-01-14T21:51:25 (25 hours, 49 minutes, and 45 seconds), the status of <CREDIT.CLUB> was unregistered and unreserved. At that time, the Operations Department did not have knowledge that the registration had failed. It is not clear whether the failed registration was a result of human error or system error.

· At 2015-01-14T21:51:25, a registrant (the “Registrant”) using domain privacy, without the knowledge of the Company, registered the domain <CREDIT.CLUB> at Name.com.

Analysis:

a) Mistaken Registration

The Registrant’s registration of <CREDIT.CLUB> on January 14, 2015 was due to a mistake made by the registry. The mistaken nature of the registration is clear as the domain name was publicly advertised as being a premium domain name in the Startup.club program and the Operations Department documented its plan to register the domain name to a Company subsidiary for promotional purposes. However, on January 13, 2015, when the Operations Department attempted to register <CREDIT.CLUB>, the registration failed, and the failure was not detected at the time.

b) Right to Rescind

The Registration Agreement between Name.com and the Registrant, the RRA between Name.com and the Company, and the Registry Terms and Policies all contemplate registrations that occur as a result of a mistake by the registry, and the registry may rescind such registrations.

c) Conclusion

Thus, it is within the Company’s contractual rights to cancel the registration for <CREDIT.CLUB>.

Further to his analysis and conclusions I can personally state that no one in .CLUB had any conversations regarding credit.club with the registrant at or before the registration of credit.club.

The registry does not believe it is in our best interest nor the best interest of the registrant to pull the name back given the substantial investment in time and money he has invested to launch credit.club. I informed the registrant of such matters and wish him a continued success.

SOURCE NamePros Official .Club Showcase and Discussion

Again, I am more than happy for Bruce and congrats on the awesome domain and site. I’m a firm believer that you create your own luck and with quick action on the domain registration and launch of the site, he definitely deserves to keep the domain.  We will never know what the .Club registry would have done if the name was registered by a domainer then sat undeveloped or parked.  I’m just playing devils advocate here for all the folks singing praises of .Club for letting the registrant keep the name ;)

*For the record, I am a fan of .Club – it is a solid extension and they are doing a great job of showing other gTLDs how to successfully launch..

Fresh Godaddy Codes and Updated Interface Review

It looks like Godaddy has recently updated its user interface. While there are no big changes to report, navigating through your account using the drop down menus has a crisper and quicker feel to it. The domain management area itself also seems to be working faster when loading and making changes.

On a not so positive note, using godaddy auctions on my mobile phone (i5s) pretty much sucks. The app is buggy, crashes often and using tools like sorting listings by end time and using predefined searches don’t work well.  Also, I noticed that when I am clicking a link to a specific domain auction on my mobile device that it just takes me to the general auctions area and not to the specific domain auction.

Anyway, here are some fresh discount codes for new .COM registrations – all of which were tested today (in the U.S) and work at time of this posting.  Discounted price is next to the code in USD not including the $.18 ICANN fee.  Happy domain hunting!

gofdusch10 .99
cjccoup149 1.49
 bjj149 1.49
ctfxc 1.99
te99cominp 1.99
cjcrmn2cp 2.00

Click HERE to head over to Godaddy and register .COMs using these fresh discount codes.

My NamesCon Recap (NamePros Video)

Instead of writing my recap you can just watch it (I’m the first interview)

Some of the interview was edited, thankfully haha.. NamesCon was a great show, huge congrats to Richard, Jothan and Jodi! I took a lot away from the conference this year and it was great seeing old friends and making new connections.

To reiterate, one of the most interesting and valuable classes for me was the Chinese masterclass series put on by TLDRegistry. I was a little bummed to miss out on the brandable domain name discussion on the last day ad I had to fly out Wednesday afternoon, but heard it was a good one. Also, the Sherpa session where Adam Dicker bought the domain BackAdjusments.com from an attendee was great and I’m glad they got it on camera.

Thanks for the chance to do the interview Edward (NamePros) and Kevin (Flippa) looking forward to NamesCon next year!

Correction: Domaining.com NOT Sold

Last week after reading in the Domaining.com newsletter:

Hello,

Game is over. Next week I will announce the new owner of domaining.com.

TGIF

Francois

Myself and many others assumed the deal was done and started speculating how much it sold for and who the buyer was. The poll I posted had almost 100 votes – lots of varying opinions on the value!  Yesterday, Francois did a guest post on TheDomains  in which he explained after receiving an offer meeting his reserve (but deal not closed) he prematurely made the above announcement…in hopes of getting the other buyers to jump and come back to the table with higher offers.  It seems now there is no buyer yet for domaining.com at the price level Francois seeks to sell, which he has stated is seven figures+.

I agree with some of the sentiment from the commenters on TheDomains article yesterday, that it was a mistake to announce the sale early and bad negotiation tactic.  I disagree with all the folks who think domaining.com is something that can be easily replicated.  There is no replicating domaining.com – it is the one website that if you ask anyone in the domain industry where to find the best daily domain news and opinion columns they will send you.  Surely, domaining.com wouldn’t be where it is today without bloggers like Alleman, Silver, Schwartz, Berkens, Cultra, etc…however, it’s a two way street.   Those blogs, this one and many others wouldn’t have the readership, traffic and advertisers without domaining.com, the man behind it and the passion he has for domaining.

Domaining.com Sold, Poll: How Much Do You Think it Sold For?

On January 3rd, along with a Happy New Year message in the daily newsletter, Francois Carrillo, owner of Domaining.com announced that the domain industry’s most popular news and blog aggregator was for sale.  This morning in the newsletter, he wrote to newsletter readers: ‘Game over. Next week I will announce new owner of domaining.com.’

This will be an interesting transaction to follow.  It was a year or two ago (probably closer to 2) that the site was announced for sale with a BIN of $1M USD but nothing came of that.  Domaining.com, has several services integrated into its platform such as Catchy.com, CAX.com and eCop.com, I’m assuming the deal didn’t include all of these domains and services, but if/how they are still part of Domaining.com has yet to be revealed.

Francois said in the newsletter post on Jan 3rd that the reason he is selling his ‘most liquid and valuable website’ is to fund the launch of his newest service: proof.com.  He also mentioned that financing the deal was an option.  We may never know the sale price of Domaining.com but I hope for Francois that it was a great sale and wish him all the luck with future projects.  Domaining.com has been a part of my everyday reads and I really appreciate what he has done for the domain industry with this awesome resource!

Without knowing all the details, what’s your initial thought on how much Domaining.com has been sold for?

How Much Did Domaining.com Sell For?

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