Namepros member @TheBuyerz breaks down the specifics of his sale of Binance.Exchange for $12,000. The name was acquired at NameSilo (an advertiser here) and sold on Afternic. As of January 2018, Binance was the largest cryptocurrency exchange in the world in terms of trading volume. Here is a bit of the story: I spotted the domain name on NameSilo Marketplace (BTW I buy all of them … [Read more...]
Tron moving to T.network
Tron (TRX) is a Blockchain-based decentralized operating system based on a cryptocurrency native to the system, known as TRX. They operate on Tron.network. But yesterday they put out a release they are moving to T.network. Currently it's redirecting to Tron.Network. On Medium they wrote an article announcing the move and seem to be hoping the name can bring a lot to the table. From the … [Read more...]
May reported new gtld sales led by Pop.shop
There were 90 reported new gtld sales at Namebio in May. This was up from 58 reported sales in April. Total sales were up in May at $157,000 vs $125,000 April 2020. Pop.shop was the top sale at $28,650. Average sales price $1,744 down from $2,154. .Club and .Xyz posted the most sales in May. pop.shop28,650 USD2020-05-12Sedohd.poker9,100 USD2020-05-10Afiliasdestiny.xyz8,895 … [Read more...]
Radix Temporarily Waives Off Domain Restoration Fee
Radix (an advertiser here) is temporarily waiving the restore fee on all their strings. This is being supported by 75 registrars who have enrolled in the program. Here is the full release In an effort to reduce customer burden on domain-related spending during current market conditions, we are supporting a temporary waiver on the Restore Fee for all Radix TLDs. This waiver is in effect … [Read more...]
GoDaddy buying Neustar’s registry business
GoDaddy (NYSE: GDDY), announced they will acquire the registry business of Neustar. The company shares were up 12.96% in regular trading. GDDYGoDaddy Inc.58.82+6.75+12.96% Back when GoDaddy withdrew their appliaction for .home they noted: It was noted that it was withdrawing its applications to focus on its core registrar business, thereby removing competition with competitive … [Read more...]
Update on Autism.Rocks sale
Back in June of 2015 there was big news that Austim.Rocks sold for $100,000. Now there is news out that the buyer Sanjay Shah might be involved in some legal trouble. TheNational.ae reported: The assets of Dubai resident Sanjay Shah have been frozen as Danish officials seek to claw back losses A centre for autistic children in the UAE funded by an alleged tax fraudster has closed … [Read more...]
Radix $21m in total revenue for 2019
Radix (an advertiser here on TheDomains) reported 2019 results. The company showed over 54% growth in profit for 2019, revenue grows by over 26%. Highlights of the report include: $21M in total revenue for 2019, 26% growth over 2018 (revenue is net of all discounts and rebates)54% growth in Net Profit in 2019 over 2018Revenue Split - 25% standard registrations | 64% standard renewals$2M in … [Read more...]