Important domain Industry updates from the month of October


 

Domain investors tend to miss some of the major updates from the industry because of their hectic schedule.  Hence this is my attempt to wrap up some of the important updates from the month of October and save precious time .

Million Dollars Month : ETH.com sold for $2M while MyWorld.com fetches $1.2M

This month witnessed two 7-figure transactions with ETH.com selling for $2miilion and MyWorld.com, for $1.2Million. Eth.com was being brokered by Sharjil Saleem and probably fetched an appropriate price considering the fact that ETH is short form for Ethereum whose market is rising exponentially. MyWorld on the other hand is a two word domain and is definitely one of those highly memorable names but $1.2Million is in my opinion a bit overpriced affair. Great deal indeed for the seller.

 

Escrow.com launches API for anyone to integrate it with their website.

One of the world’s largest Escrow company and definitely the most trusted in domain name industry, Escrow.com has announced the launch of its API for the public use. The API is still in its beta phase but it’s open for all to experiment. Jackson Elsegood, General Manager of Escrow.com mentions in his email to announce the launch of the API as “One of the biggest announcement made by Escrow.com in its 18 years of business. ”

 

Account termination as registrar of Mitsu.in by NIXI Registry (.IN/.CO.IN registry)

There has been some strange occurrences recently¬† around the Indian registrar , Mitsu.in , whereby registrants were unable to update name-servers or unlock some of the domain names at Mitsu account. It was found that the registrar’s name was changed from “Mitsu.in” to “NIXI Holding Account (R189-AFIN)” . This clearly indicated that something was wrong with Mitsu and an email from NiXi to all the registrants further confirmed the claim. The National Internet Exchange of India (NIXI) stated that all registrants who have domain names at Mitsu.in must immediately transfer them out to other registrar or the domains would automatically be transferred by the registry in the after 15 days.This clearly indicates the termination of Mitsu.in , one of the very first .in registrar. Reasons for termination are still unclear.

 

Kevin Ham sells a chunk of his portfolio to GoDaddy

During the end of October, it came to light that the veteran domain name investor Kevin Ham has sold a chunk of his portfolio of domain names to GoDaddy. Kevin Ham was once termed as the “Man who owns the Internet” due to his great portfolio and some of the best domain name business tactics that made him multi millionaire in no time. The domains seems to have moved to NameFind’s portfolio.

 

I hope you enjoyed reading this. Let me know your views and suggestions in comments below.

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Prathmesh Tokekar
I am an innovator with a passion to learn. My interests lie in technologies of future and of course the INTERNET. I invest and broker Domain Names and follow the markets of Cryptocurrency. Connect with me via Facebook or LinkedIn if you have any questions or would like to buy or sell domain names.

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Important domain Industry updates from the month of October

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