RapGenius.com Upgrades & Rebrand To Genius.com

1405110854

 

 

 

 

 

 

 

 

 

 

The website RapGenius.com announced today that they acquired and were re-branding to the killer domain name Genius.com

The domain name Genius.com was previously owned by Genius.com, Inc. of San Mateo California.

In June 2014 the whois record changed for a short time to Tony Wong of Callidus Software.

According to BusinessInsider.com,one of the investors in Rap Genius is actually Dan Gilbert, owner of Quicken Loans and the Cleveland Cavaliers who with signing Lebron James away from the Miami Heat is by all measure having a very good day.

Businessinsider goes on to say that Mr. Gilbert led a $40 million investment in February of 2014, which valued the company at several hundred million dollars

Read more: http://www.businessinsider.com/dan-gilbert-invested-in-rapgenius-2014-7#ixzz37CyOBvmI

Read more: http://www.businessinsider.com/dan-gilbert-invested-in-rapgenius-2014-7#ixzz37Cy74PKM

The domain is now under privacy.

Here is the message from the new owners site:

“”Today we take a crucial step forward in the mission to annotate the world:

Introducing Genius.com, the new home of this great knowledge project.

When we created Rap Genius 5 years ago, we had no plans to expand beyond rap lyrics. But the community had a bigger vision, and it wasn’t long before “Rap” Genius housed the collected works of Shakespeare and Jane Austen, the speeches of Abraham Lincoln, poetry by T.S. Eliot and Langston Hughes, TV and movie scripts, Chipotle’s menu, the back of a Tylenol bottle, the roster of the 1986 New York Mets, and that dream you keep having where your teeth fall out—all lovingly and carefully annotated.

In retrospect this was inevitable. Any text can be as layered, as allusive and cryptic, as worthy of careful exegesis as rap lyrics. Furthermore, it’s simply not possible to create a website that annotates rap alone, just as it’s not possible to create a website that annotates any individual slice of human culture—because no slice of human culture stands on its own.

Thus, starting today, “Genius” is the new name of the grand project, born from rap’s rib, to annotate the world—and of the platform and company we’re building to enable it.

“Genius” is the term you should add to your Google searches whenever you’re looking for deeper meaning and context. Genius is the verb you can use to describe looking something up on Genius or decoding something in general.

Genius is also a platform. Soon we’ll release tools that will allow anyone to make their website annotatable. Even today, you can add any text you want to Genius, annotate it here, and then embed it on your website.

The Internet contains multitudes. It is the greatest store of knowledge in human history. But so often we flit from page to page without ever diving in. We believe that an Internet that is Genius-powered will help us all realize the richness and depth in every line of text.

Rap Genius, founded by lovers, began as but a woeful ballad to Cam’ron’s eyebrow. But the intervening years have morphed us into soldiers, full of strange oaths, and that is how we stand before you today, ready to pursue our mission of global annotation with renewed vigor.

Much love,
Ilan & Tom, Genius Co-founders””

 

Founder of Mt. Gox To Sell BitCoins.com In HA.com Domain Auction On July 24th

The URL Bitcoins.com will hit the auction block on July 24, 2014, as Part of Heritage Auctions’ Domain Names & Intellectual Property Auction.

The domain name is being sold by Mark Karpeles, the controversial founder of the failed Bitcoin exchange Mt. Gox, and is expected to bring more than $750,000.

“We are hoping, with the sale of Bitcoins.com, to provide some relief to the people impacted by the Mt. Gox bankruptcy,” said Karpeles, “and will be putting at least half of the sale amount toward that purpose.”

“Bitcoins.com is absolutely the best remaining, and available name for this new market,” said Aron Meystedt, Founder and Director of the Domain Names & Intellectual Property category at Heritage Auctions. “Bitcoin.com, the singular version, is owned and used by Blockchain.info, the world’s most popular bitcoin wallet, and Bitcoinwallet.com itself is also already tied up. For the right investor this is a golden opportunity.”

The bitcoin payment system, an open payment network aimed at eliminating currency exchange fees and removing the need for intermediary banks, was created in 2009. It is mostly in the last 12 months, however, that it has gained mainstream notoriety, largely with the failure of Mt.Gox.com and the seizure of the nebulous Silk Road website, along with the subsequent liquidation of its Bitcoin assets. Bitcoins (plural) are the actual unit of exchange that has monetary value.

“The current market capitalization of all bitcoins in circulation is between $7 billion and $8 billion,” said Meystedt. “Daily, there are millions of dollars in transactions in Bitcoins. This auction offers the opportunity to capitalize on one of the most significant developments since the inception of the Internet.”

Bitcoins.com is being offered in the July 24, 2014 auction alongside more than 90 other premium domain names, including:

OklahomaCity.com

DEC.com (the fifth oldest domain name on the Internet, circa 1985),

Rides.com,

SEM.com

Digital.com

Cute.com

SouthernCalifornia.com

Will This Domain Portfolio Owned By The Castello’s Be The 1st To Sell For Over $1 Billion?

logo2011

 

 

 

Last week I received a tweet to @thedomains, asking the question:

“Is any domain name portfolio worth over $1 Billion Dollars?

We are about to find out.”

The link in the Tweet goes to this site, which says:

“The portfolio consists of 40 hyper names (and hundreds of others) that will ensure a substantial and immediate impact on the Internet if they are paired with the right global resource.

The seller’s preference is to keep the portfolio intact.

It is his belief that the whole is substantially more significant than the sum of the parts.”

I was initially concerned whether the company sending the Tweet out was really representing Castello Cities Internet Network, Inc (CCIN) as I never heard of the broker.

CCIN is the owner of the domain names linked to the Tweet, so I contacted Michael Castello CEO and President of Castello Cities Internet Network, Inc., who confirmed the domain portfolio was for sale but there were 41 primary domains not 40.

Michael agreed to answer some questions:

1.   Michael Why did CCIN put this portfolio up for sale now ? Does it have anything to do with the roll out of the new gTLD program ?

“”I have been entertaining the idea since the beginning of 2014.

Back in 1994 I told my mother that our family is on a twenty-year adventure. I always look for indicators that something will occur in the future.

Whisky.com received one offer back in 1995 for $100.

The next offer (and sale) of $3.1 million was nineteen years later. There was no talk from the buyer in regards to its traffic or revenue. It was a domain name only acquisition.

At the same time, my partner and brother David had already put 15 years into our business, and he wanted to get back into the music industry, which is where we started. I can’t blame him. If you love performing on stage, creating music, and traveling, then that is what you should do. Success can be determined in many ways. When someone is able to do what they want to do, whenever they want to, I would call that success. I love what I do on the Internet, but there is a point when one needs to look at current events and decide if a change is in order.

I feel that it is a good time to see if I can maximize the potential of our portfolio. I realized that I cannot plausibly put the kind of time and effort into each of these 41 names that is required.

The Internet has changed so much over the last ten years. No longer can someone create a five-page website on a name like Tijuana.com and make thousands of dollars doing virtually nothing. If I spent the kind of effort that Tijuana.com deserves, I could easily make tons of money right now. But the public expects a richer experience than what a static info-site can provide. Now multiply that by 41 hyper names. It would be impossible for me to do so.

I now believe that the potential of what I built back in 1995 may be better realized by another enterprise. It makes sense for me to sell the portfolio and give David his share, and give the government its share. This allows me to simplify my situation, giving me more freedom to do what I want to do for the next 20 year adventure.

Of course, I will remain in the domain business; there is no better market to create wealth and financial freedom, and the future of civilization requires a functioning virtual world that continually grows in vastly new technological directions.

I was very happy to see Whisky.com move to a company that now has huge global reach. Imagine what the right party could do with Room.com or Bullion.com? Look at them in their current form and realize that their true potential would be a game-changer for any company with the right resources.

The new gTLDs are a part of the advancing name economy. There is a hierarchy in our market, and they have a place, but .com will always be the star of the DNS. That place will continue to grow as the public continues to use the Internet as an environment that they can dwell in, instead of as an app or tool to search for things.

Domain names are addresses for people to find each other. Some of those addresses already exist as common phrases in our minds, like Daycare.com, Nashville.com and Golfclub.com. In such cases, those names are already worth a lot, with great leverage and a worldwide trust factor.

I go to great lengths to allow myself the time and money to do what I want to do. For twenty years, I’ve had great personal freedom, and I have my portfolio to thank for that.””

2. Can you list the 41 primary domain names for me that are for sale in this portfolio?

Currently I am selling 41 hyper and generic domain names.

I have around 1,000 more that could be acquired for extra.

Here are the 41:

ACAPULCO.COM

ADOPT.COM

BOOTLEG.COM

BULLION.COM

COST.COM

CAUTION.COM

DAYCARE.COM

DUST.COM

EEL.COM

GOLFCLUB.COM

GRAPE.COM

GREATGATSBY.COM

HARLEM.COM

HEARTACHE.COM

KENNEL.COM

KINGTUT.COM

ISLANDERS.COM

MANICURE.COM

MOOREA.COM

NASHVILLE.COM

NOVEMBER.COM

PALMSPRINGS.COM

PETALUMA.COM

PREACH.COM

RATE.COM

ROOM.COM

SAMPLE.COM

SEASONS.COM

SMOOTHIE.COM

STEW.COM

SUIT.COM

SUNTAN.COM

TGIF.COM

TIJUANA.COM

TOOTH.COM

TRAVELER.COM

VIRTUE.COM

WAGON.COM

WASH.COM

WEDNESDAY.COM

WESTPALMBEACH.COM

3. What is the asking price?

$1.2 Billion Dollars.

4. Why did you decide to sell these domains as a portfolio rather than separately?

“My gut feeling tells me that there are a few people in the world who both understand what my portfolio really contains and can afford it.

It was built at a time when whatever my passions were, became my domain name to own. Anyone can piece together a portfolio of names, but arguably none have the passion of creation that mine has.”

5. Does that mean at this point you will not entertain offers on any one domain in the list?

“”I’ve had some pretty good offers that I’ve turned down on some of them after the Whisky.com sale. That sale was a statement of timing.

The rest are like The Crown Jewels to me. It would be like taking a butter knife and plucking a beautiful gemstone from the royal crown.

No – they stay together.

I will hold at this price until the end of 2014 to sell.

After that I will be asking for more.””

6.  At over $1 Billion I would assume its going to have to be a public company who would buy this portfolio, do you agree? Who has over $1 Billion in cash that might be a buyer?

“I feel that there will be an individual who sees what I see. ”

They might be the head of a large company, or someone with a lot of influence. There are people who have made vast amounts of money in the past five years. Many are not in the US, but rather Asia and the Middle East. But that money is scared money, and they are unsure of the best market for them to invest in.

Investing in my portfolio will allow any company with money and resources to be a major player in a multitude of verticals such as Manicure.com for beauty; Nashville.com for country music; Daycare.com for family; Bullion.com for financial; Traveler.com for travel; and Adopt.com for charity, just to name a few.

I would liken it to having the ability to be Rockefeller, Carnegie, Chase, Ford, and Vanderbilt all at the same time.

Those leaders carved out their industries over their lifetimes, always wanting to capture the other markets. They were very competitive.

Never before has anyone had that kind of global opportunity to dominate across such vast marketplaces. The Internet allows it, and my portfolio is a free and clear path to the future.””

7. Who is behind junxtion.com and why did you choice them as your broker?

“I did not expect this to go public.

I gave an opportunity to a friend to make some money, and he tweeted the portfolio out.

I have a small pool of friends who I offered to broker my portfolio.

It was never exclusive.

This release gives me a chance to say publicly what I have been saying over the past three months to industry friends at conventions. They had the same questions you are asking, and I think I should qualify my reasoning.””

8. If someone is interested in the portfolio, whom should they contact?

michael@ccin.com

Thanks Michael and best of luck

 

I should note the 41 domain names priced at $1.2 Billion dollars,  comes to $30 Million Dollars on average, per domain name.

 

Here are a few other stories about or written by Michael Castello:

Read about Michael’s Call To Action effort

Read about the sale of Whisky.com

Read about the Michael’s Block The Bullies effort

Read Michael’s post The Future is about Leverage

 

Warning: Expired Domains Are Easy Pickings for Hackers

Laptop

GroovyPost.com did a piece written by Jack Busch about his experience with an expired domain and hackers.

From the article:

I learned a hard lesson this week. Long story short, a spammer from Vietnam has hijacked my Google Apps for Domains (now called Google Apps for Business) account and is currently sending people emails from my old email address (jack@anthrocopy.com) complete with my signature, phone number and name and everything on it. Anthrocopy.com was an informal dba name I used years ago for my freelance writing business, but I slowly phased it out and let the domain expire. Now, someone else has moved into the place, hermit-crab style, and are probably contacting all my old business contacts about cheap Viagra.

I contacted Google about it and their official response was “I’m sorry to tell you that we cannot assist you with this problem since you don’t own that domain anymore.”

How Hackers Can Access Your Gmail by Buying an Expired Domain

Google Apps for Domains is different from a normal Gmail or Google Docs or Google Drive account in that it is associated with a domain that you may have registered from a company other than Google. Back in 2010, I registered Anthrocopy.com with Namecheap.com. After I wound down my freelance career to work as a fulltime technical writer, I let the domain expire. Somehow, the hacker found out that I had a Google Apps for Domain account, even though I no longer owned the domain. So, on June 20, 2014, somebody bought it through moniker.com, according to Whois.

Busch does a very good job at detailing his experience and is worth reading entirely.

.Com Breaks Through The 113.5 Million Domain Mark; Adding 500K Domains In 3 Months

Screen Shot 2014-06-26 at 8.54.14 AM

According to zone file for the .com registry the number of .Com domain name registrations has passed 113.5 Million domains for the first time.

Of course everyday tens of thousands of .com domains are deleted for non-renewal and tens of thousands are more are registered.

Most days result in a net positive gain for the .com registry while its also not unusually to see a net loss for certain days were more domains are deleted than registered.

It was on March 22nd 2014 that we reported that the .Com zone file passed the 113 Million domain name mark for the first time.

So basically in 3 months .Com domain registration increased by 500,000 domains.