So over the last couple weeks GoDaddy has reaped the rewards of one ladies’ efforts. An avalanche of blockchain related domains sold at auction that had expired.
The registrant was certainly a forward thinker who was earlier than most to the blockchain game.
Jane Angela Maginsky Pantalone Both passed away sadly in March of 2017. It was unexpected as she was out walking her dogs. She was only 50.
Namepros members reached out and found Jane’s son, he joined Namepros and relayed the following:
Jane is my Mom, that section of obit wwweb found is her’s.
First I need to thank the kind people who have reached out to me and let me know what was happening, I have hopefully stopped what domains remain in this account from expiring… looks like we’ve missed a lot but not all of them. My Mom was always a little ahead of the curve. Rank carelessness isn’t too far from the truth though I’d like to think I’ve learned my ~$100k lesson.
Here is the list of Blockchain names that closed over the last week, (data courtesy of Namebio).
Of course everyone is responsible for having a plan and to make sure their domains are protected. But sometimes terrible unexpected things happen, and to see a third party profit for doing absolutely nothing, is something that has always pissed me off about this business. It’s another shining example of how far domaining still has to go to be in the same realm as all the other asset classes it likes to compare itself to.
I think I do have a new product for registrars like GoDaddy that also have an auction unit or send their domains to auction.
Let’s say that you offer customers some type of life insurance plan, an upsell where if a customer passed away, their heir’s would have one year to present a death certificate and receive 90% of the proceeds from all expiry auctions of the decedent. GoDaddy would get 10% for their time and effort in processing the transactions.
While I believe a lot of people would not have interest in paying GoDaddy for this service, some would. I think another benefit to GoDaddy would be the fact that some have expressed their disdain for them profiting so much this past week. Some have said they will move their accounts etc… GoDaddy could use this new service as a way of showing they are thinking outside the box and going above and beyond when it comes to portfolio management.