Archive for the ‘Domaining’ Category

Poll: Will Liquid ChiPs Continue To Dip in 2016?

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)
  • Hold steady (22%, 10 Votes)
  • Sink like the Titanic (20%, 9 Votes)
  • Skyrocket! (7%, 3 Votes)

Total Voters: 46

Loading ... Loading ...

3 Interesting Auctions at NamePros

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

 

NamePros Member Warns of Buyer Trickery

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.

Domainer Handshakin’ Holmes On Verge of Breaking World Record

handshakin1If 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.

 

NamesCon Recap Part 3

IMG_3605

WaterNight 2016

Before I dive in to this last recap of NamesCon 2016 the ROTD/NamesCon extended auction ends today, lots of great names that are close to reserve or have already hit the reserve.

It’s tough to digest everything that goes on at a conference like NamesCon. Looking back at the agenda there are at least 10 sessions, speakers and panels I missed that I would have liked to see, and there were also hundreds of people that I didn’t get a chance to meet. However, I am so grateful for all the folks I did meet and talk to this year!

Probably my favorite session of the whole show came on day 3 when the ‘Sherpas’ led by Michael Cyger did a live session in front of a packed room. Shane Cultra, Frank Schilling and Andrew Rosener talking about domain names is super entertaining and informative. If you haven’t already be sure to watch/listen to that live session HERE.

IMG_3589

Brian Cute, CEO of PIR

The one keynote that I did make a point to see on day 3 was from Brian Cute, CEO of PIR speak about .ORG, .ONG and .NGO.  Big things happening with PIR, and their purpose and work is really amazing.  Each registration of a .ngo or .ong domain comes with a membership to OnGood an online community that helps NGO’s raise money.

One huge part of this conference that I was glad to see was the focus on getting domain investors and those that service the industry involved with groups like ICA and DNA.  It is vital that our industry takes steps to protect itself and we are so lucky to have industry leaders that are paving the way.  It’s people like Phil Corwin, Nat Cohen and Adam Kinderis (to name a few) that are fighting for our rights as domain investors and developers everyday and there were several sessions focused on these types of topics and policies.  They need help and even if you are not in the position to donate cash, there are other ways to be involved.  Check out the ICA’s join us page to see how you can become a member.

WaterNight.  During his acceptance speech into the domain industry hall of fame at WaterNight 2016, Richard Lau revealed the whole reason he organized NamesCon was to be able to have a successful Water Night fundraiser for WaterSchool.  Over the last three years he has raised well over $300k during WaterNight events that has been donated to Water School, a charity that strives to help provide clean water for developing nations. WaterNight 2016 at NamesCon was a great party! The head shaving continued as many industry folks got rid of their hair to help raise money for a great cause.   See tons of great pics and stories from WaterNight here at DNJournal.  One thing that bothered me was the lack of attention paid to Richard as he was addressing the WaterNight attendees.  I wish someone would have grabbed the mic and told everyone to shut the heck up for a few minutes so we could hear the founder of NamesCon speak!

Overall NamesCon was a huge success, I could write for days about all the great experiences. I guess you just have to be there to see it all for yourself!  I will be there next year and every year to follow as long as the show continues.

NameTalent.com Terms of Service and Privacy Policy