PALM BEACH, FL - A four-letter “.com” domain name has been purchased for the staggering price of $15 million dollars. NFTS.com was first registered approximately 18 years ago, likely for $10.00 or $20.00. Who knew that the letters “NFTS” would become a four-letter acronym for “non-fungible tokens,” - unique cryptographic tokens? Four letter domains, often referred to as "LLLL" domains, are relatively scarce. There are roughly 457,000 possible four-letter combinations and … [Read more...]
Generic Domain, Angel.com, Hits SEDO Weekly Sales List at $2,000,000
WEST PALM BEACH, FL – The generic domain name “Angel.com” sold at $2,000,000 this past week according to the latest SEDO.com weekly domain sales report. The five letter generic web address is currently leading to a crowdfunded movie studio website said to allows angel-investor users to choose which titles get funded. Also notable is a .de domain “credit.de” that sold for a 40,000 EUR ($48,138.00) and a .net … [Read more...]
SEDO Weekly Sales List Includes Three Letter .Com Domain Sold at $117,500
WEST PALM BEACH, FL – The domain name “PLP.com” sold at $117,500 this week according to the latest SEDO.com weekly domain sales report. The purchase appears to be an upgrade for Cleveland, Ohio based Preformed Line Products, which is also using the single generic dictionary word domain Preformed.com. Also notable is the three letter (LLL) .org domains “JSR.org” and “NYV.org” which sold for $9,800 and 8,800 respectively. Each week, SEDO releases a list of domain names … [Read more...]
A Good Name Is Hard to Find, Here Are Ten Fairly Decent .COMs In Auction on Flippa
PALM BEACH, FL – These days it is no secret that a good domain name is hard to find, especially if you are looking for a “.com” domain name. With over 366 million domain names registered in the first quarter of 2020 (an increase of 4.5 million or 1.2 percent, compared to the fourth quarter of 2019), finding a great name is increasingly challenging. Below are some decent names which are for sale on Flippa.com, one of the busier domains and website marketplaces out there … [Read more...]
ICANN Moves Forward With 20 Million Deal While World Preoccupied with Epidemic
PALM BEACH, FL – Rahm Emanuel once said, “You never let a serious crisis go to waste.” I’d bet that’s been on the mind of ICANN, The Internet Corporation for Assigned Names and Numbers, these last couple weeks, as President and CEO, Göran Marby, announced the organization has decided to move forward with its controversial twenty-million-dollar deal, many feel is nothing short of a bribe, with its latest renewal of the .com Registry Agreement with Verisign. The … [Read more...]
U.S. Supreme Court to Consider Trademark Rights on Generic Internet Domain Names
PALM BEACH, FL - On Friday, the U.S. Supreme Court agreed to consider whether the addition of “.com” to a generic word or phrase can be trademarked when it reviews “United States Patent and Trademark Office v. Booking.com B.V.” on Docket No. 19-46 with the United States Court of Appeals for the Fourth Circuit. The issue has reached the highest court in the country after lower courts reversed the decisions of the U.S. Patent and Trademark Office ("USPTO") and Trademark … [Read more...]
Why Verisign ‘NASDAQ:VRSN’ Will Inevitably Get Its .COM Domain Price Increase Sought
PALM BEACH – There has been a lot of talk in tech and domain circles lately about the company “Verisign” (NASDAQ:VRSN), its obvious monopoly in the .com domain game, and it’s long list of subsidiaries, but things really started to heat-up back in October 2018 when the company managed to renew its “cooperative agreement” with the United States Government through the National Telecommunications and Information Administration (NTIA), minus long-standing pricing caps on one of … [Read more...]
Verisign Warns Industry: Far Greater Worry Then Their Minuscule Rate Increase
NEW YORK, NY – They say that when you mess with the bull, you get the horns. Yesterday, Verisign, the company behind all issuing of .com domain names to ICANN approved registries, came out blasting attempts by industry insiders trying to control a price cap that was set by something called the Cooperative Agreement, an agreement between the NTIA (National Telecommunications and Information Administration) and Verisign (NASDAQ: VRSN), which for years, prevented any increase … [Read more...]
Will .COM Domains Get More Expensive with Expiration of “Cooperative Agreement”?
LONG ISLAND, NY – The “Cooperative Agreement” between NTIA (The National Telecommunications and Information Administration ) and Verisign includes a price-cap on .com domain names, however, this agreement must be renewed by November 30, 2018. This means that sometime very soon the price you pay for all of your .com domain registrations and their renewals may be raised, and there is no telling how much this increase might be. The NTIA, an agency of the U.S. Department of … [Read more...]