PALM BEACH, FL – Epik Inc., an ICANN-accredited domain name registrar and web hosting company with its headquarters in Washington, has created what appears to be another reason for domain enthusiasts to register and manage their domain name portfolio with them; a “domain name marketplace”.
Currently, domain name investors and enthusiasts have plenty of places to buy and sell domains (too many really) such as large forums, SEDO, Flippa, NameJet, just to name a few. This will ad yet another venue to check out and sift through for buying and selling domain names.
Epik is known in domaining circles mostly, in my opinion, due to its Founder and CEO, Rob Monster, who participates and speaks at various domain conferences and is likely Epik’s brightest star, not to mention, its most publicly vocal advocate.
The company also offers other services outside of just domains and hosting; it also offers VPNs, Escrow services and an Anonymous search engine. It is also the only place you can register your domain name “forever”, with a unique feature the company refers to as “forever domains” which cost roughly $400.
Epik has been the center of controversy several times by seemingly siding more with its customers then complainants when it comes to certain types of content and material they host and/or provide services for; Monster is a staunch advocate for free speech and against censorship calling the platform “the Swiss bank of domains“.
There always seems to be something unique happening at Epik.
About The Author: John Colascione is Chief Executive Officer of Internet Marketing Services Inc. He specializes in Website Monetization, is a Google AdWords Certified Professional, authored a ‘how to’ book called ”Mastering Your Website‘, and is a key player in several Internet related businesses through his search engine strategy brand Searchen Networks®
This isn’t new, simply look at archive.org, that has been there since the beginning.
John Colascione says
Thanks Jonathan. For some reason I thought it was new; I never saw it or heard of it before. I believe I read something announced about a launch, relaunch or redesign. Point noted.
Not only that… I just seriously considered Epik to replace my current registrar… but to my surprise found pricing and encumbrances not properly disclosed.
My have used the services of my current registrar since 2004.
– Domain Name Renewal rates have about doubled in the last few years to $16.00+/renewal… which has motivated me to look around the marketplace.
– 0.00% commission regarding any private domain sale by owner
– Customer and tech support have been stellar.
Epik on the other hand charges without full disclosure:
– 9% commission for any private domain sale by owner.
– Epike converts domain sale funds to “Epik bucks” or 5% cashout
– Paypal payout or EFT with a 5% cash-out fee.
I emailed and spoke directly with Rob Monster (Epik owner)… making it very clear I will ONLY market via my own domain name sales website, email, and a 3rd party attorney-escrow service… completely independent of Epik, however I was assured the above tariffs would apply just the same.
Readers should be aware that these Epik commission fees are not customary or standard fees registrar industry.
The tariffs alone caused me to invest substantial time in research to find a cost-effective, no “funny-business” registrar… which I have found: NameSilo.com … for which I even wrote a personal email to Rob Monster informing him of my decision.
All REGISTRARS are NOT EQUAL… just as all doctors or lawyer are not equal.
Critical thinking and evaluation is IMPORTANT for making well-informed decisions… so that we reduce the RISK of having regrets later… however perfect decisions are not a viable option… and not guaranteed anywhere in life.
I hope other find this insight of value… and prevent some future headaches up front.
Positively, ~ Alan